Crypto currency mining

[Delboy]

I see I missed out again on the S9 They should have a back order system and limit the amount people can buy to make it fairer.

If telegram is to be believed they sold out in 2 mins

[ulfilias]

Nice Setup ainarssems - I've only the one S9 in my garage. It's internal and on an estate and I don't want to make too much noise that it's obvious and gets questioned. As such one S7 (2 card) is in a study (Actually my server room) in the house and reducing my heating bill though I need to shut the door at night and it gets a bit warm in there!
The other is at work. Family business and I run a factory and it heats my office, though I'm half tempted to set up a little set-up here in one of the storage offices!!!

I've just done a spreadsheet on my crypto spend. I'm up to about £4.5K on an S9, an S7 an S7 (2 cards), Psu's and a 4x GTX970 and a little crypto since the end of October and i've got £1.5k-2k in currency.
Not too shabby since the S9 was the end of December!

I probably need to try and do one of what a machine has earnt though i've traded bits and i've half a dozen wallets with bits in here and there!!!

So.....How much were the S9's this time ??? I'd have been tempted

[Delboy]

They were for sale at 2320usd

[ainarssems]

They do sell out very quickly even at higher prices. Both L3+ batches also sold out fast today.

[Delboy]

Looks like the giant b might be getting tested.

How long before they go on sale and how much?

Some greedy third party sellers are advertising them at 12k.

Part of me thinks this will be like the d3 miners, once that hashing power comes online the profitability will drop off at an alarming rate.

I'd still buy one if we can get a group buy on the go but I'm not paying 12k. Better off putting that kind of money into other things.

[IMG]http://forum.a8parts.co.uk/attachment.php?attachmentid=17736&d=1515579278/[IMG]

[ainarssems]

Nobody knows for sure, it does support several algorithms so the hashing power will spread and migrate between several networks. BaikalMiner is smaller company than Bitmain so I don't think they will ship in volumes that Bitmain does. If you look at their Twitter profile they only have 6k followers while Bitmain have 75k so smaller potential customer base as well.

Price is anybody's guess and it's unknown if there will be minimum order qty. Giant X10 was $1399 +$135 shipping, without MOQ. I was going to order one and was invoiced but narrowly missed out while trying to work bank fees at their end to make sure I transfer enough money it was sold out. At the time I thought maybe it's for the best as I was also assuming it could be like D3 but Giant X10 was shipping 20-30th December so most would be online by now but profitability is still great, it did drop a bit for a while but now it's gone even higher. D3 is not that bad either, it did drop to £5/day in November with £3 running costs but now they do £10-15/day again on MRR most days.

So based on this I am definitely interested in buying 1 if it's similar price as Giant X10, not sure if I would buy more than 1 or pay much more.

[ulfilias]

Hi There,

Definitely interested in the B...Happy with a group buy too. BTW have a look at Revolut on android and get it, if dealing with fiat in other currencies as there would be NO FEEs to get complicated about. I buy European festival tickets each year via it and it works excelently and also gives bank transfer rates, MUCH better than using your normal bank!!!

Oh and if you want to get it use http://revolut.com/r/leeoxn3!crypto as i'm trying to unlock and see what it's crypto functions are like as it may be a nice way to cash out into some holiday funds for the summer