Post
Topic
Board Hardware
Merits 13 from 2 users
Re: Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17
by
philipma1957
on 31/03/2019, 13:04:36 UTC
⭐ Merited by gmaxwell (10) ,frodocooper (3)
I hope everyone who gives a darn about Bitcoin avoids doing business with Bitmain in the future. Bitmain has been a long standing bad actor in the cryptocurrency ecosystem. We shouldn't forget this just because they replaced their CEO.  As far as I know they have done nothing to undo the damage they've caused or otherwise make amends.  We can see by their continued open source license violations in their products that they haven't changed.

I will award merit to every post that makes a compelling statement against buying from bitmain.

Interesting offer.
I prefer my eight m10's over my 1 s15.
I just spent 2048 usd to preorder the M20 V1 72th 3312 watts.
Having opened and examined s15 pcb board  and M10 pcb board the m10's are built better.
That is why I pushed buying M10's over s15's.

Bitmain runs bitdeer and bitdeer is wrong.  it is terrible worse then hashnest which was also terrible.  I have a degree in accounting and my single biggest issue is no one audits bitdeer.  It is not that it is a ponzi it is that  no one gets to know which machine  is mining for you and that smacks of fraud.

How would you like to pay  for the s15  and its  60 watts a th cost  when in fact they are using a s17 with firmware mods  spending only 40 watts a th.  They simply don't address this.

so why help them by buying gear from them

the price for

s17 power is  6.68 cents a th or 6.45  reads two ways on the site or changed while I typed
s15 power is   9.70 cents a th   so there is zero audit done and an easy 3 cents a th a day to be stolen that is more then 3000 usd a day for 100ph of contracts

this is the single biggest reason to not support them.
as they do it right in front of your eyes with no shame  ie  what do they do behind the scenes when they  do this right in your face