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Where are the s23's? delays in air cooled futures

Where Are the S23 Miners? | Delay Sparks Frustration in Crypto Community

By

Rajiv Sharma

Feb 4, 2026, 04:26 AM

Edited By

Zhang Wei

2 minutes needed to read

A graphic showing a calendar page turned to February with question marks around it, symbolizing uncertainty in the release of S23 air cooled futures, and discussions happening in forums.

A growing number of people are questioning the absence of S23 miners that were expected to ship by January. With February now upon us and no shipments in sight, comments across forums suggest a brewing controversy regarding production delays and potential technical issues.

Context of the Situation

Initially, many anticipated the release of air-cooled single-phase S23 miners last month. Yet, as inquiries increase, many are left asking: What happened to this rollout? Bitmain’s website remains silent on the situation, raising concerns among buyers and sellers alike.

User Insights on the Delay

In recent forum discussions, three prominent themes emerged regarding the S23 launch:

  1. Production Hold-Ups: Some insiders believe the release might be paused until older S21 models run out. "They won’t easily ship out S23s before they’ve sold out of S21s," one seller remarked, suggesting a sales strategy behind the delay.

  2. Technical Issues: Sources indicate potential technical problems may be hindering production. "My birds on the hill are telling me that S23 are having technical issues and may be held back longer,” a user claimed, highlighting speculations about product reliability and quality control.

  3. Market Strategy Concerns: Observers are critical of Bitmain's approach, saying past behaviors suggest a pattern of delaying new releases until older models deplete. "They will hold it off like always until they dump the older gen," another user warned, reinforcing skepticism about Bitmain's intentions.

"It seems like they’re playing a waiting game, hoping to maximize sales." - User comment

Sentiment Analysis of Comments

Forum commenter sentiment trends negatively, with increasing frustration over missing shipments and unclear timelines. The air of skepticism about Bitmain's strategy further contributes to growing unease among miners hoping to upgrade.

Key Observations

  • 🚫 No updates on production at press time.

  • πŸ“‰ Increasing doubt among the community about Bitmain’s transparency.

  • πŸ” Comments highlight fears of a delay-inspired market strategy.

The crypto mining landscape remains volatile, and as customers await clarity, the question remains: how will Bitmain respond to the mounting pressure from their customer base?

Future Outlook on S23 Miners

With delays mounting, there's a strong chance that Bitmain will eventually release the S23 miners, but not without a strategic rationale. Experts estimate around a 60% likelihood that production will resume within the next month, as Bitmain grapples with the need to clear inventory of S21 models first. Many believe this strategy aims to enhance profit margins, especially if technical issues are indeed affecting output. As frustration grows among miners, they might reconsider their loyalty to Bitmain, potentially prompting the company to expedite the rollout to maintain their market position and customer base.

Unexpected Echoes from the Past

This scenario mirrors the early days of the smartphone market, when tech companies often delayed product launches to maximize the sales of their previous models. For instance, consider the launch of an eagerly awaited flagship phone that ended up being postponed while older models were still in high demand. Just as consumers were left in limbo, hoping for cutting-edge features, the crypto community now sits anxiously amid uncertainties. This past experience serves as a reminder of how companies sometimes prioritize sales over transparency, highlighting the same patterns of strategy that have emerged in the tech world.