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KNIGHTRIDER
Posts: 1
Joined: Sun Oct 22, 2017 9:24 am

S9 OVERPRICED? WHY? MAKES NO SENSE. CHECK THIS.

Tue Dec 05, 2017 8:19 pm

I need all of your help here.

I am working on several investments in the Bitcoin universe. Of course I am establishing a mining operation, alongside my technology development companies. I am currently working on both the block chain technology and the actual Bitcoins.

In the beggining, I thought to myself. Well. With the price of ASICS, I could build my own rigs, using NVDEA cards etc. My logic is simple. With the same amount of investment, I aim to build a more powerful component using all graphics cards.

In doing further research, I see the actual price for example a Bitmain S9, with its 13 ths....yada yadda yaddaa..... is only $1,200.00

But they are trading for average... $4,500.00 W.T....!@#$ is this?

As an investor. I see 4x the hard work to save the inflated price amount. 4x the amount of time to generate the income, to then select a portion to invest.

Factoring in the dwindeling value of the usd, plus the harder and harder computation of mining the actual coins.

Plus having to mine, 4x as hard to recuperate inicial investment?

Plus, basically the fact that in one year the S9 will be obsolete? It literally shinks the investment opportunity altogether. Then, you have to consider the fact that to obtain a used or new S9, is similar to a covert operation? Needing escrows etc? All weird $%^& to me??

My investment strategy is to navigate in and within, what I see as a moving window, in a tiny house, on its way to be delivered cross country, on an 18 wheeler, traveling at 70mph, quietly, in a new Tesla semi truck, while Elon dances on top of it, and my ferrari is an older model manual transmission without cruise control; and I am trying to ditch the damn thing and jump in the window!

Can anyone shed some insights here? Any perpectives are fully welcomed. What should I pay for each S9? And whom can I trust? What are my options and or alternatives? Or, are Radions the way to go?

- your friendly neighborhood KNIGHT RIDER

easternbikes540
Posts: 3
Joined: Thu Dec 07, 2017 5:10 pm

Re: S9 OVERPRICED? WHY? MAKES NO SENSE. CHECK THIS.

Tue Dec 19, 2017 6:13 pm

Why do you think antminers are overpriced?
I buy directly from Bitmain, never bought from a re-seller and have read about people getting scammed from re-sellers. I have also read reviews where people have had trouble with Bitmain but I have been nothing but pleased with them. They deliver on time and their products work flawlessly.

I don't look at the purchase price and ROI in terms of USD. Use BCH or whatever coin you are mining. For example an S9 is ~ 1BCH right now and will return ~ .0186 BCH/Day. So your ROI on that 1BCH is 54 days. Everyone has different goals but that return is pretty compelling for us right now. Power is the biggest problem, we pay more a month in electricity then we do for rent.

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