Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
I'm all for extending the warranty, but raising the price is foolish. Their margins probably already allow them to replace every part of every sold miner and still draw a slight profit. With the prices they've got now, we're subsidizing the miners in their own megafarms - we're already paying them hand over fist to screw us in every way possible. The current price might be justifiable if it had a year warranty on it, assuming the warranty counted for anything and they didn't work so hard to deny every rational claim.
The btc game has become a game of what do you pay for power?
A new s9 at 1540 + 60 to ship is 1600 usd if you are blessed with 3 cent power
and you can get 12.93th using 1400 watts
you will earn 500 usd in 1 one year with the machine still in hand.
that is a good deal if you have a good warranty.
look at projections for 4% growth and 3% growth in both cases if you have 3 cent power you make good money in a year.
name me any investment that returns the numbers below.
so the current 12.93 machine is priced well if it has a 1 year warranty. it is underpriced if it has a 1 year warranty.
So back to my argument they should jack price by 100-200 bucks and give the one year warranty.
