Bitcoin Forum

Hi folks, I just put up 1000 of each: Old Style and New Style H-cards.  Expand your starter kits!

Also, I'm happy to announce that I've got credit card processing back running again!

Best Regards,
Dave

www.megabigpower.com (http://www.megabigpower.com)

$1000 for 25GH & no backplane ....  ???  Thanks anyhow.............................  ::)

Didn't H-cards used to be priced at $500?

Sorry bro, may as well order from BFL at these prices. 

Yeah... and then the price of bitcoin rose 700%.

So the price to get and manufacture hardware also rose dramatically?  No. 

This is called greed. 

Anyone who wants to support it can buy price jacked hardware (I paid $50 for this last month and I'll happily pay $250 for it today again!), anyone who wants to pass can likely find similar elsewhere.  And I can say flat-out that 25GH at that price is not worthwhile, run more than that and the daily earnings are a pittance.

ouch on the pricing.. wow..

I'm sure the n00b market will soak them up..

Not saying that I love the new pricing either.  But demand for ASICs skyrocketed along with the price of bitcoin, hence some manufacturers raised their prices.  You would have done the same thing if you were Bitfury because it's what businesses do when their product is in great demand.

Dave, which generation of card ships immediately?  You mentioned in your other thread that one type is delayed by a few days.

Maybe this will sound a bit naive, but would it be excessive to offer the V1.2 cards for cheaper, simply as a 'thank you' to everyone who bought an august starter kit and then had virtually no opportunities to add cards to it? (october preorders or a small pile of seemingly overpriced cards in november)

There are a lot of better options available, and to see these prices SUCKS :(

Also seeing as the first buyers will probably lose 50% of the BTC they spent...

Yeah... and then the difficulty of bitcoin mining rose 1000%, so shouldn't the price be $350 now?

Greed is right.  Isn't it enough buzzdave have made and is still making crap loads of money on self-mining.  Does he really need a few more millions $650,000 ($1000 - $350 fair price = $650 x 1000 boards) from price gouging smaller independent miners just as Avalon/ASICMiner did?  Look where are Avalon and ASICMiner now?

Uh, planning their retirement?  Greed is a tricky business, you can manage a huge payoff but at what price... Anywho, the entire "community" is full of folks looking to price gouge, I don't think we've yet seen a piece of hardware that wasn't sold with significant markup.  You find a bunch of desperate people and you'll find just as many salesmen looking to sell fools gold.  The whole mining side of bitcoin is utterly toxic at this point and the "community" is a bunch of folks who either got in early and are trying to scam the shit out of anyone they can or who offer good advice but don't sell the same snake oil.

25GHps H-card from megabigpower.com at $1000 == $40/GHps.

180GHps Antminer S1 from bitcoinmalaysia.com at 4.5 BTC == $20/GHps.
(assumes 1 BTC == $800).

Definitely not competitively priced.

At this point you may as well give your money to KNC; at least you'll have a chance to get 3 TH without paying $119880 for it.

Might sell few...:-)

Who the F..K cares dude:)
A word about avlon  - Gen2 chips are avalable for immediate delivery. If all is done right there might be working product based on gen2 chip for 10 days max. I am not good at math,  but for sure investing in AVALON2 will cut your losses we are not talking for profits at all. Not anymore
If i were Avalon or ASICMiner i wouldnt touch a computer for the rest of my life :)

Sad but true....
Anyway  Good luck to Dave and his customers

It's unfortunate that Dave didn't resume taking orders just a few days earlier, before the exchange rate crashed. At $1150/BTC, $999 would've been 0.87 BTC, a fair deal for an H-board. Now one costs 1.14 BTC, too much. If only he could price these in BTC, like miners' future earnings are.

he just lowered price to $749.00

rammy2k2,

I just looked at megabigpower.com and it looks to me like the H-cards are still $999 .  Where did you see $749?

H@shKraker

Still $500 over priced

if you buy 10 or more. V2.2 are $799 if you buy 10 or more. This is better, but still a bit on the high end

$749 is reasonable at the current exchange rate, though if I have to buy 10 pcs, I'll hold off in hopes of the exchange rate going up before buying.

BUT, I don't think the v1 cards are actually in stock:

I can't buy at these prices unless I know they'll ship tomorrow.

Someone pump the exchange rate to over $1200 so that purchasing these makes sense at the new bulk rate.

when i looked it was 749$ per one, i guess he changed it while i was writing here :)

oh, i missed that. that unfortunately changes things, since i have no intention of waiting unknown timeframe to get the cards shipped. Even a week of delay, and $650 wouldnt be a good price

I just got a reply from Yvonne:
Q: "Are v1.2 H-cards in hand for immediate (i.e. same/next day) shipment yet?"
A: "They are in stock and ready to ship."

I just bought 10 v1.2 cards at 0.803 BTC ($749) each. Thanks Dave for the fair price.

Dave, could I do 5 each of the new and old style cards and get the discount price?  I have two partial rigs but I don't need 10 of either style of card.  But if I could get 5 of each, I'll place an order today.

Id buy some of I can also get a V3 M-Board!

Lol

yeah seriously... where are the M-Boards?  i thought those are the easier components to manufacturer. I will buy some if i can get my hand on some m boards

I posted in the MBP US thread, but ill put it here as well so its seen.:

I intend to buy a few cards for my own unit, but cannot justify the purchase of 10 using fiat (not enough btc right now) without totally unbalancing my financial portfolio.

If anyone wants to go in on some V1.2 cards with me, I can offer local trade in toronto, or ship within canada using Xpresspost (2-3 days for dirt cheap). I want 3-5 boards and am in conversation with another toronto resident who wants 3-5 boards as well. This leaves a few spots open to anyone looking for 2-4 boards. PM me if interested. If reshipping is needed, i expect it to be around $15-$30.

DAVE: are the boards available right now? Ive seen conflicting info regarding immediate availability verses 'the factory has quick turnover' which indicates they are not in stock.
         ~~~also, thanks for giving me store credit for my 2.25BTC, but since you converted to USD at $900/BTC rate, the bitcoin value has climbed above $1000 on gox and $960 on BTC-e, roughly a $220 difference from the store credit. hopefully this punctuates the need to set shop prices in BTC rather than in fiat. If boards are available, ill order immediately and would appreciate if you cant adjust the given store credit

The 10 v1.2 H-cards I bought Monday night shipped today from WA.

Just not with my money

as in yesterday? i bought one on the 8th and have heard nothing other than an e-mail confirming purchase.

Paid with bitcoin Mon 6:45pm PT, got "Ready To Ship" email from MBP Tue 7:36am PT, got tracking email from FedEx Tue 9:00am PT.

My experiences dealing with MBP have been very positive. If you're concerned about your order, just email them at sales@megabigpower.com and you'll probably get a fast reply.

+1

That is the way things MUST be done. Glad to see people getting reliable shipping.

Yvonne usually answer emails on the same business day.

Did you guys pay by CC or btc?

To use the hashing cards you have to have the m-board and raspi set right? Otherwise the H boards are useless?

Yes, you need an M board.  Perhaps Dave will have them for sale again soon.

these don't sell as well as his first offering. at these prices it's a slap in the face to his established clients. sad.

or be an extreme hardware hacker

with btc trending back towards $1000, its a little less terrible, but i agree. the focus should be on rewarding existing customers and nurturing distrobution of the hashrate. these cards likely cost about $150-250 for bitfury to fabricate and assemble, and its not a secret that dave has been re-routing all the newly produced hardware to the 72 100 200 400 450? Terrahash mine. last i saw, something like 13,000 H-boards are in use there, paid for largely by the profit on only 2 sales batches

note: bitfury is still a great product, but they are deviating from where they began in the exact same fashion as asicminer has. By the time they offload the h-cards for cheap, it will only be because they have designed a 28nm specifically for the private mine. I just wish early customers and supporters could be given a fair price that is easily capable of turning a profit, rather than being a 50/50 chance that it will arive in time to do so

Go for antminers, cheaper and better :)

  where can I read about this antminers or website?

Thank you

If you already have a v1/v2 M-board and are willing and able to overvolt/overclock to 38GH/card, secure the H-cards from wobbling, and tune the speed settings... Bitfury H-cards at $749 (0.85 BTC at the moment) is currently a better deal than even an overclocked (205GH) Antminer at 4.25 BTC because MBP will deliver about 5 days earlier. In addition, Bitfury uses half as much power.

i encounter lots of stability issues past 35GHash. Never more than a few days before i need to tune the voltage down a notch or rewrite a bad SD card it seems. If bitfury was as simple to use as an antminer, the choice would be obvious, but i only plan for 33-36GHash per card, and based on that an antminer makes more sense if you dont want to invest $7500 in MBP

TBH i think it's time to not support buzzdave anymore at all. his efforts seem to be focued on the mine (which is of course competition to his retail sales in many ways... higher hashrate)

dave is a millionaire, let's leave it at that. but i truly think that it's time to no longer give anymore money or btc to his enterprise due to what he's trying to do.

 It's certainly starting to look and feel that way :( Don't get me wrong; I'm happy with my October orders, their customer service is awesome, and was really looking forward to purchasing more full rigs, but disappointed about this recent turn with pricing.

 It's insulting :(

Well I heard from Yvonne and Dave and things are getting straightened out.