Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
Thx for response Kobo_eth!
Still can't believe in these numbers. Everyone in sources that I came through calculates payback period simply based on production price (2 320 USD)
With 3 312 USD initial cost and 11.8 USD daily revenue (0.00127 BTC (Whattomine data as of now) * 9 300 (Coinmarketcap data as of now) = 11.8 USD) S9 will pay out itself in like 280 days and that's without taking into account complexity growth and risks of new Antminer release
Well man, this is the bare truth. It is simply because the majority of forum guys are situated in the US, where things are totally different. I was surprised myself to realize a few months ago (thanks to the guys here) that there were almost no import duties into the US from China and also the DHL/UPS delivery costs were totally different...
Long story short - mining is a future investment, I doubt someone buys to get the cash immediately. When I ordered my first miners, the ROI (covering duties, taxes and everything) was 2 months in the best days. When they arrived, ROI was double; now it is double and a half. Tomorrow (as you can see Bitcoin price is surging like crazy today) ROI can be - who knows...