Folks, I do this all the time. Having 8 amplifiers gives you enough flexibility to play...
First: your speaker must be able to accept bi-wiring or bi-amping, that as you say, it's a totally different thing: in bi-wiring you just have 1 amp with 2 sets of wires running out of each output, let's say" CH A1, CH A2 and CH B1, CH B2. One for the woofers and one for the tweeters on each side. No need for external crossovers,etc. This theory is like saying "each driver is going to receive the proper current according to the resistance" or some shit like that. Right now I have a pair of Platinum Audio Monitors bi-wired with a LAT cable just designed for that (simpler), powered by my BGW 750B AMP.
Now, bi-amp means "2 or more amps per speaker". 1 for the lows and 1 for the highs. Some speakers even have options for the mids. Problem here is that usually you drive your tweeters with a smaller amp, while driving your woofers with a beefier power. For example: I have bi-amped my Tannoys with a Crown DC 300A for the lows and a Crown D150 for the highs. Problem with this is to match the level properly. With the Crowns is easy because each one has its own separate input pots where you can adjust the level, but with other amps where you couldn'd adj. it I'm afraid you'll need an external crossover. Another thing is to be careful with the amp you'll use on your tweeters as you can easily blow them off! I have use 4 AMPS with my Tannoy's : 4 CARY AUDIO in mono, each pair driving one Tannoy as well as 4 CROWNS, 2 150 and 2 DC 300 on mono driving each speaker.
Which one I prefer? To be honest, and since my Tannoy are over 100dB of efficiency, they behave better with just one single and powerful amp than with all that crap involved. A problem to consider is your AC current: havomg all 4 amps connected to a pair of outlets at home means massive use of electricity and also "hum" problems are common unless you are using a common ground,etc...
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