Bitcoin Forum

I am new here and also in mining.

The reason for this question because I designed this system and it ran very stable. Consider maybe to sell it bit don't like the market full of bs.

So just asking older miners if this is workable solution in this tough market?

Thanks for your advises.

If you have proof and can send out sample units to developers like Ckolivas and Luke-jr to prove your legitimacy it will sell well.

Thanks for your kind reply.

I did put systems in Luke's mine.

Here is the link to see:

http://eligius.st/~wizkid057/newstats/userstats.php/1swrtyBsp9odruX65upeyubAVSAyggh78

What i mean is you would have to send a system to them. You would also be best to post pictures and video of the device.

Also how many of the devices do you have?

That's a bold claim.
It takes a lot of $$$ to make a 28 nm chip and to then make a full system out of it.
Proof please. Allow a visit and or send a unit to a respected member of the community here.
Devs are good.

System in China, and maybe can find some respected member here then I can show him/her around.
Will post photos later on.

Please also make sure to include video.

sure. I will post video and photos when tonight.

Currently it takes 10-14 days turn out. The main bottleneck is PCB time.

Just find out Ckolivas is Aussie. So I will get contact with him and takes a sample system to him.

I would be happy to stop by next time im in SZ/hk (if you guys are there)

I am interested, please post pictures, etc.

If you are real, then we are interested in distribution.

V/R,

GreaterNinja

asiabtc is offering a 1th machine from china(within the month) Thread exists on the forum. Probably same unit. Its called LA1TH.  ;D 9.5 btc for 1 unit.

Drop mail to me at skyfromwell@gmail.com

do you have a link for it?

thanks

https://bitcointalk.org/index.php?topic=448520.msg4929948#msg4929948

ok it s seems to use avalon chips wich are outdated now

there is no 28 nm?

im not gonna spoon feed you. get out of here.  its all there.

as promised, I have photos now.

But here looks I cannot direct upload photos. May need to find a website to host it.

Wait for ASICminers 40nm,maybe it 'll be worth while....maybe not  ::)

Definetly NOT Avalon..........EVER!!!  >:( 

Ya, Avalon is easy to burn the chips. If you look on our systems on the link, we are very stable. But looks on others, you can see Avalon up and down pretty frequently.

Can you send one maschin to a senior user for a review ?

best regards

Hektek

https://picasaweb.google.com/lh/sredir?uname=113949199973693591768&target=PHOTO&id=5980547295993828882

The link does not work also i sent you a pm.

http://www.flickr.com/photos/117611338@N03/

try this one.

Controlled by an RPI in the middle (but not by USB so JTAG or some port in the back) looks somewhat similar to what someone was claiming was 28nm Avalon setups.

I know Bitsyn or whatever they are now had been working on that MM (mining manager) and were moving to RPi setups.  Did they actually have a 28nm Avalon and sell their project out again?  If so at least nobody was screwed over this time.

How loud is it and what kind of wattage does it pull?

Those pictures work. I sent you a pm.

Definately NOT Avalon. It is 28nm not 55nm. It is not USB but SPI.

Currently chips drawing 0.65w/g, wall is 0.923w/g. It has room to improve to 0.83w/g.

Yeah I was doubting the guys Avalon claim.

Looks like could be a good choice for some.

Shoot me a PM with pricing for a few units and lead time on them.  If you have a pic of the boards themselves shoot them over with the pricing.

I haven't figure out how to do PM yet.

To be fair, the chips are new, and we just make them stable now. So far, our systems are in one single location due to easy to maintain. For sending system out, we need to do some good burning work to make sure it up to specs.

Otherwise someone will cry " I paid for 1T, but only get 990G!" But in real world that will be a great system.

It took about 10-14 days turn out, mainly PCB time constrain. And I am also in process to find out fair market price for miners and for us too.

I've sent you a PM: https://bitcointalk.org/index.php?action=pm

i'm interested.. it's about time we had another "bitmain" in 28nm market...  btw if you want to find out fair market price make an auction, it will also help you market your product to wider audience..

Thanks for all advises.

I just get good feedbacks and here come up with some initial prices:

Quantity      Unit Price

100+       6000 USD
50-100       6600 USD
10-50      7200 USD
under 10           8000 USD

Please give me your though. Only issue I have now is about UL etc. all those standards and safty rules etc. in differenct countries that may bogged down the time.

If anyone can pick up in Shenzhen, that will be a dream.

Do you have an email or skype I can contact you at?

This all looks very interesting, I am trying to be up beat, but it all sound so too good to be true  :o

You might want to consider splitting the units into 400gh units even though the price/GH will go up a bit - the reason why Bitmain is doing so well is because there are a lot more buyers in the 4000$/unit max range. But delivery time means everything in this market.
When to you expect to ship and how many units pr week?

What? 8k for 1 TH/s that you might start mining with around 1 may. Today you get 12,3 BTC for 8k. You will never mine 12 btc with this starting may so how is it too good to be true?

We have chips on hand, so probably look for early (second week) of March to start ship. For how many units per week, probably we can do about 300 - 600 units. But need to check.

Please let me know when I can throw some money at you to acquire one of these units.

Am very interested.

NinjaTech.org  is interested in distribution of your product.


I also have a factory in ShenZhen and import / export business and distribution business.

And I work in chip packaging industry.


Lets figure something out.  Message me :)

If you can get these into the US. Despite them not being certified i will buy one  ;D

Hi, Looks great I am interested. Please message me. Thanks

OH OH  PICK ME PICK ME!!!


LOL   ;D ;D ;D

Even at 6000$, 1Th, 900W and 25% difficulty increase, this will never break even.
What am I missing?

Please drop me a mail at skyfromwell@gmail.com

Shot you over an email early this morning.  Forgot I hadn't sent one over.

Do you have a brand name?
Does the miner come with a power supply or do we provide our own? If we need to buy a power supply, how many Watts are required? Does it just need PCI-E connectors?

This could be the next Antminer in sales.

Surely beats up all the big company pre-orders

Named Skywell (or Jingtian).

It has all powers included at the price. You need nothing. Just plug power in and push button.

When will these miners be available for sale?

Shipping included?

Such a big company and no website? Not on Taobao or Alibaba or Aliexpress?

If this is real, I would be interested in some.  

if you don't mind can you post videos of hashrate and power consumption, also would like to know what's the noise like and if we can replace the fans to quieter versions.

I believe this is the 1TH pre-order mentioned a couple of times on alibaba.com - price seems to match. 6000$

... but I still don't see how this would ever break even. @ 25% diff increments and free electricity I see a loss of 2BTC after two years...

How long do you think the diff will keep its current increment pace? How long do you think the bitcoin will stay in its current price level?

If you do not see the future value of bitcoin, bitcoin mining is always a game of losing money even when the bitcoin reach $10,000, because if you jumped in when it is at $10,000, the diff is not the current level, your calculation still show a loss. If you jumped in now, you will gain profit with the increasing of the bitcoin value in the near future. What if the bitcoin price goes up to $2000, $5000, $10000, $100,000? if you doubt it, check back how much the bitocoin price is 6 months ago, 12 months ago,24 months ago.

The point right now is to find a reliable miner as soon as possible, which is what I am looking for. My research show me that this is the first real 28nm 1T miner which is currently running in a mining pool and very stable from their running status shown in the past two weeks. It is claimed as 3rd generation of 28nm miners, and from the power consumption level (900W) and running stability of the first 60T miner, I think it is very promising. Until I see other companies could put their 28nm miners running and show me reliability, I would put my trust in this one.

If the miners can get US by the end of March, it will be a sweet deal for the price. Let's see when this company will setup their website for ordering from USA.

+1.   Guy probably used mining genesis with default values.

Following and hoping for a reasonable price.  
Delivery in one month will only earn about $3000 USD over the next 12 months.
Right now it's way too high.

How did you come to these numbers?

http://www.coinish.com/calc/# (http://www.coinish.com/calc/#)

5 Antminers at $4,590 (7.25 btc) are better deal even with the added current draw.

Let's hope price will be adjusted to the competition.

Well, even if you type in fantasy numbers you end up on the losing end. I am curious though since there is a lot of old members that are throwing themselves at the new miners that seems to come out soon around 1 TH/s. They either know something I don't, use a different calculator or are just too rich to care.

For some mining has become pure hobby after being unable to make any significant ROI.
I also think that some veteran miners who have 1-6 Th/s now, feel they have made their investment back on what they have.  So it's easy to look at the btc you are still producing and call it free money.  So they just buy it.  It's not like they have to pull money out of their checking account to buy it.  One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Sadly, the real payday is when you sell all your miners.  As  long as you don't wait too long.

One more calc, 20% increase on first retarget period, then decreasing each step by 3%, and still number do not show any profit, earnings $3800.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=3129573175&dcosts=8000&diff_mincrease=20&blpbtc=25&dhsmhs=1000000&diff_mincreasedecrease=3&btcusd=600&dpowcon=1000&btcusd_mincrease=1&pcost=0.15&calcweeks=32&dleadtime=4&action=calc

They buy, use it for about a month and sell it.
This is the ONLY way you can make money in mining.
Constant upgrades and sales.
Just my 0.02BTC

LOL - If you expect the BTC price to go up significantly you shouldn't mine! You should just BUY bitcoins!
There's no reason to mine if it's a better deal to just buy coins and hold :)

Agree. Buy and hold. If you count only on significantly btc price increase.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=3129573175&dcosts=8000&diff_mincrease=20&blpbtc=25&dhsmhs=1000000&diff_mincreasedecrease=3&btcusd=600&dpowcon=1000&btcusd_mincrease=1&pcost=0.15&calcweeks=32&dleadtime=4&action=calc

Suggest you send a unit to a Trustworthy senior member of the community for testing and validation of your product.
Someone like GreaterNinja would be a good choice. I think a lot of people here would agree that he and his team at Ninjatech
have an establised business reputation for reliability, honesty, and technical proficiency within the community.
He could provide feedback to the community.

Bingo.

A lot of us already have the coins.  We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

The flipside of that is however that each purchase must be carefully vetted to return at least the same number of BTC as invested or why bother in the first place.

*not blatantly a shill account*

Absolutely.

+1

well

there is some gay bastards like loshia and dropt who just here to waste people s time and feed their posts with gay proposals


i want just to suggest them to get a room and finish whatever dirty job they want to do and leave forumers alone

thanks

I am in contact with them now.

Why does it matter if you use fiat or BTC when it's still a net loss? Pay 10 btc to mine 5 btc or pay 8k that you could buy 12 btc for. Not that i'm telling people not to buy miners. I realllly want to start mining but I can't really find a calculator that makes me a winner doing so, if I did I would buy in a heartbeat  :D

well it seems gay pride members like dropt and loshia doesnt know how to count

Although, I do know Ronin, he does not work for NinjaTech and we do not hire or direct him to be publicly supportive of us.

NinjaTech has quite a few customers who are very supportive of our business, just view my webstore thread.  

As far as other things, Skyfromwell and NinjaTech have engaged in dialogue.  We have yet to verify their product.  So I do not advise engaging in business yet.  We hope to have a mutually beneficial relationship if we do find them to be legitimate.

Not every option is a net loss.   You just have to have enough knowledge to make predictions you're confident in and jump on the deals when they're around.

Most of the people who bought Antminer S1's are going to make BTC -> BTC +ROI.  I'll hit mine in less than 20 days on 1.4TH worth.

precisely... antminers were best decision i ever made in terms of investing into miners.. managed to get extra coins and sell for a profit when the time was right.. truly grateful to bitmain for being considerate to its customer unlike friedcat who buttf..ked noobs whenever there was a chance...

Not accusing, just read and be carefull everyone:
https://bitcointalk.org/index.php?topic=291141.msg5332118#msg5332118

The message in chinese in that post seems fake to me. It feels like they are originally written in english and get translated into chinese using google translate. I am wondering who is really playing black PR or get paid for bad review here,  ;)

so you have stolen the chips with them and built the miners?

not serious man

1. Anyone needs to pay 15 BTCs to bad mouth Bitmine? Seriously.

2. The CoinCraft chip that Bitmine claimed are NOT their products. They buought form a Chinese chip company.

What company, and what chip? We like detailed info, and pictures, you know, post some.

This is how A1looks
http://i44.tinypic.com/20kozye.jpg
http://i39.tinypic.com/mx2d02.jpg

And this is from your flicker photo, seems to me that there is A1 written on chips.

http://farm8.staticflickr.com/7434/12716629744_912c494449_b_d.jpg

Yes, that's A1.

"under 10           8000 USD"

Then you better buy 5 Antminers.....

You should check the related post:
https://bitcointalk.org/index.php?topic=482921.0

I currently mine with 2Mh on scrypt coins and in 3 months have made 2BTC. This is in a butt ugly basic rig which cost me $1300 to put together with tape and string (and 3x 7970's). I should think at 1TH= machine will have no problem offering ROI - but you have to be a little creative with your trading....;)

J

Any news of a nice price drop...?
Mentioned prices are way to high for senior miners. Starting miners will mostly buy at a high price because they just see $$ instead of ROI+profit

And senior sellers know to cater to those starting miners for as long as possible so that they can maximize their profits, instead of selling for pennies on the dollar to the senior miners who are hoping for the best ROI :)
( I'm sure the senior senior miners will come in any time now and roll eyes at people who buy premade systems instead of rolling their own with spools/trays of chips, and then the senior senior senior miners will shake their had and wave pooled mining contracts around, all while the asic plants have a gigglefit. )