Post
Topic
Board Hardware
Re: ANTMINER S4 2TH/s, Batch 1 on Sale this week, shipping before Sept. Ends
by
Collider
on 17/09/2014, 04:59:45 UTC
You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?

For every S4 sold, it will fund 5x S4s for their farm.

That is highly unlikely, as production cost for S3s is around 0.4$/GH....

Each unit also includes shipping costs which aren´t cheap at all, so the profit for bitmain is very thin.


On top of this, Chinese farms aren´t really as competitive as you might think. Chinese electricity prices, while heavily subsidized, are still quite high in comparison to WA state 0.03$/kWh power rates.