As interested as am in the S3, I just can't bring myself to do it. Even with free power (I have access to a data center), two S3's plus a PS will never ROI.
I know that this is not news to anyone, and that people have strategies for making up the difference, including selling the hardware in a few months. But that's a PITA.
All I want is to buy some hardware, have some fun, and make a little profit supporting the network.
If these units were only $50 cheaper, then the cost of 2 units plus a decent power supply (est. $150) and free power would mean a possible fiat ROI in a couple hundred days and maybe a small profit in 12 months. This is with the coinish calculator, 1.2% per day difficulty rise, 1% pool fee, and 30 day delivery (because these things never ship on time).
As much as I want to feed my mining habit, I just can't do it. It's too bad because it wouldn't take much to win me over.
Bitmain, I understand that you have to maximize your profits. But if you calibrated your pricing so that miners made a little money, you would sell a lot more units. The people like me that are sitting on the sidelines would jump at an opportunity to break even, or make a little profit.
A lot of people buying already have PSU's from their S1's or other hardware they bought that didn't come with one. You can buy Server PSU's from Ebay for $10-20 that will run two miners I'd like them to be $50 cheaper too  I think you are being way over pessimistic on the calculator you are using, but thats just me  |
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what an nonsense. did you actually took time to read or just post B'S because you can? did I complained about tax or amount we paying thanks to nonsense from bitmain when they posting items?
example:
at the beginning when s1 was like 1.45btc I paid 22£ for each customs.
Later when they was below 1 btc was paying 40 something per box.
now ,when s1 was like .39 btc after coupon i still had to paid 47£ per box.
nothing has been done to help us reduce the overall cost of miner even though real price of miner changed significantly.
but when RMA must be done bitmain asking to declare 10$. If anyone asking for something why we should expect different? why not declare real item like server or computer part? instead better be good boy and let's give headache on the other side of the water.
not mention that ups charging you as well what ever they want. They will not give you receipt even. cash on delivery or fuck off. Try to ask ups fella to back up charge with receipt. In my case this was end of world for him. tried to explain they don't give receipt.if that's the case why they charging?
bitmain paying once for parcel and we.are paying again. aparently delivery is included within price...
Agree and sympathise, however UPS always give me a receipt, and the last few times I even rang up and paid over the phone by CC so I didn't have to pay the guy when he arrived. Alll BITMAIN need to do is classify them correctly and use the correct invoice price, I'd be happy with that. |
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Sorry but I doubt begging for lowered declared value is going to go anywhere.
They could at least however put it at the correct price and make sure the documents are correct, I had some of mine marked as 500USD back when they cost 0,9BTC and BTC price was stuck in the 440 range. Then I've had one or two orders that were marked "computer game" instead of "computer game gateway" and I got slapped with customs fees in addition to VAT. Actually the worst is when they describe it as "Bitcoin miner" UPS customs agents don't know what the hell to do with them. I described exactly what they need to do and that is to use the correct import code for computer components/accessories or servers or whatever they want to call them that removes all question from both the import handler and the customs officers in the receiving country. Ah found it: There is no import tax, just VAT and a handling charge for the carrier. There are two things that BITMAIN do wrong when exporting (lets skip the under declaration of value as thats illegal) 1. They OVER declare the value, they don't include the discount on the invoice or even on the customs declaration. 2. They label the device "Bitcoin miner" which is just stupid, just call it Computer or Computer Coprocessor Component, or even just "Server", better yet use the correct commodity code. (e.g. 8471.41.90 for Server device) http://ec.europa.eu/taxation_customs/dds2/taric/measures.jsp?Lang=en&Area=&Taric=8471410090 could be the perfect commodity code: 8471
Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
8471 30
- Portable automatic data-processing machines, weighing not more than 10 kg, consisting of at least a central processing unit, a keyboard and a display
- Other automatic data-processing machines
8471 41
- - Comprising in the same housing at least a central processing unit and an input and output unit, whether or not combined
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Finally a scrypt miner
Undeniably good for the community
Cant you see how much we need this
Kids will play games
Yee-Haa!!
Obviously wonderful
Understanding is key!!
Great for Crypto currencies
Ultimately we all win, if we are diligent
You are my heroes
Seriously
!!
Not sure if sarcastic or on medication. |
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Sorry but I doubt begging for lowered declared value is going to go anywhere.
They could at least however put it at the correct price and make sure the documents are correct, I had some of mine marked as 500USD back when they cost 0,9BTC and BTC price was stuck in the 440 range. Then I've had one or two orders that were marked "computer game" instead of "computer game gateway" and I got slapped with customs fees in addition to VAT. Actually the worst is when they describe it as "Bitcoin miner" UPS customs agents don't know what the hell to do with them. I described exactly what they need to do and that is to use the correct import code for computer components/accessories or servers or whatever they want to call them that removes all question from both the import handler and the customs officers in the receiving country. |
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Well, here we go with KnC, another Brock Pierce company. Or, as Coindesk in their usually uncritically way writes: "Pierce has helped found GoCoin, ExpressCoin, KnCMiner and Robocoin Asia, and recently launched a plan to save the now-bankrupt bitcoin exchange Mt. Gox."
Some of you may not have followed the recent controversy around Pierce, so here's a summary:
{snip a load of old stuff we discussed months ago}
Currently Ages ago, some more stories are being researched by journalists, and these stories involve KnC and Brock Pierce's involvment.
It seems as if KnC started well, but turned into a hughe Ponzi-scheme. Glad who was able to get a refund. Glad who was able to get a miner - they may sell on Crapbay for making some money. The big rest may just have been screwed by Pierce and his buddies.
Welcome to last month |
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Plus spending 2 to 4 times the amount in electric bills as compared to cheap hosting
and they would take up 20 times as much space, and would be a wiring hazard and
would need an industrial AC unit to cool the room. Did I mention it was a wiring hazard?
Regardless of who you are comparing it to, I wish you would stop waving around your $150 per SP30 pricing, because it doesn't exist for most of us. Most of us are being quoted at best around $300-350 for SP30 and $150-170 for a SP10 |
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I edited my post and added link to their news
Go look yourself.
I read the news, but it's simply stupid. The demand for Neptunes CAN'T be bigger than the wafers because they had a lot of refunds and people ordering now are going into Batch 3 so Batch 1 and 2 shouldn't be a problem since they knew for more than 6 months how many units they need and if we add the tons of refunds something doesn't add up. But it's KnC. Expect the worst!The yield per wafer can be low; it's not guaranteed especially at the forefront of nm technology. They might have expected 90% usable chips from each wafer and ended up getting 50% usable chips. Plus 20nm is really just pushing the 28nm methods harder while waiting for 16nm. Long story short, if you're waiting for batch one Neptune which you're not going to get any time soon post in my thread above. u27 you may well find that more than half of batch 1 buyers actually refunded some time ago - around the time I was telling you to jump off the train (this is in no way a 'told you so') I was hopeful for you (and others) right to the end. You also have to remember that only a tiny proportion of KnC's customers come from bitcointalk, if half of their customers from here refunded it probably accounts for less than 5% of their customer base. Think about how many people actually physically post on here? Its the same old names over and over. Also, as with all sales you hardly ever hear from the people who are satisfied with their purchase or the service they receive, the noise is always from the small few who feel disgruntled or hard done by etc. Face it, none of us have any clue about a company like KnC's true customer base, but I do remember that when I met Sam he didn't consider this forum to be of much interest in terms of where his sales come from. That might be hard for the egos of some to take in, but its probably true to a large extent. |
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I have two Neptune and its instable... I tried different combination but it's complicated. Single Asic totally crash after 15min : http://www.image-heberg.fr/files/14042894688281.pnghttp://pastebin.com/hvDg9Hkc5 Asic, 5 x 450Watts connected to a UPS (5000KVA, double conversion online). Two brutally slow down with many errors (exemple : KnC: 5.1.100 disabled for 300 seconds due to repeated hardware errors) http://www.image-heberg.fr/files/14042894686910.pngGood for 2 Asic but last, Asic 6 slight decrease http://www.image-heberg.fr/files/14042894686893.pngOther test with 3 ASIC : Boot : http://www.image-heberg.fr/files/14042894688980.png (ok) 5 min : http://www.image-heberg.fr/files/14042894689633.png (decrease) 15 min : http://www.image-heberg.fr/files/14042894689784.png (more errors than results) Actually i try with 5 ASIC, 5 x 450Watts, no UPS, in another room. At 475Mhz, Asic 2 and 3 crash : http://www.image-heberg.fr/files/14042894686910.pngI reboot Asic 2 and 3, cgminer crash and auto-restart and i set at 500Mhz, for the moment, its stable. (5s):3.356T (1m):3.300T (5m):3.285T (15m):2.944T (avg):3.107Th/s A:1618944 R:0 HW:5399 WU:43465.0/m Between delay and instabilities, it is a BIG disappointment for the moment... What PSU's are you using? |
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What miner is shipping right now has 30+ MH/s at under 500 watts? Or even even under 900 watts? Both Hashra and Zeus are around 900 or higher for 28MH/s.
The A2-30M is 300W and the SF-28 is 440W A2 is using the Innosilicon chip and SF is by Silverfish. Both sold openly on these forums, as this is Juans thread I won't spam it with other suppliers info. |
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Hey Mr Lee, with SHA256 miners dropping in price drastically (Bitmain S3 now sub $1k/TH) do you think the factory are due any price drops soon?
I have had my dragon for about 70 days. but this price change by bitmaintech will change prices. remember it does not ship for 10 days or so. Of course, but then you can't buy hosted miners from here till aprox the 8th either. BTW This isn't a dig at Mr Lee, I know his prices are based closely on what the charge at the factory is, I was just trying to find out if he knew whether the factory were going to drop their prices in view of the competition. I hope so. if the S3 are as stable as S1 and the price is 0.75 as they set, i think the factory of dragon will drop the price to be competitive, Any news on the 1.2TH 1.5TH and 2TH options they have had "coming soon" for a long time? Either being scrapped and remodeled to compete or won't happen, most likely. Oh I dunno, there is a lot of profit in these for the factory. If they can sell them cheaper than $1K/TH but maintain around 1W/GH then they will sell. I know there is  That's why I led with being remodeled (physically, or financially) to adapt. The hardware is there, they just have to make it efficient and make sense on paper. Prices are coming down all over the place, the 34MH/s B2 is now $1700 shipped. It must be hard to keep up with the fast moving pace as a retailer. |
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We wish to know if there is any interest in a Group Buy for a Scrypt Miner 34M @ u$s 1750.-
I may be interested, what would estimated ship date be and would this be a Bitmain product or from a different manufacturer. Is form another source Bitmain has no Scrypt miner thats why we have an offer to some of our customers because we received many requests about Scrypt miners. The GB is ready and the price is the very best u$s 1700.- for a 34 Mh/s Scrypt miner. https://bitcointalk.org/index.php?topic=673493.0Regards Juan Pity the B2 has such high power consumption, the A2 is better for that. How much an A2 miner of 34 Mh/s will cost and when they can do shipping? I am 100% sure this offer is the best in market. :-) Juan Your price is good Juan of course, I have no problem with your price. A2 is a bit more expensive than B2 maybe $5-600 more for 34MH/s but is only 300Watt instead of 1000+Watt Thats a big difference when scrypt mining. |
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Bitmain - can you confirm that these have been tested & are working on p2pool?
Please.......? Pretty Please ... ? Reserved for updates and FAQ
1. Will S3 support p2pool?
The simple answer is we will. Bitmain has a very sincere interesting with p2pool, and we have invest human resource into this area. Sadly our firmware may not be able to give you a firm yes that we support p2pool right now, but we promise we will contribute much more to the p2pool mining idea than most of those who support p2pool mining well already.
For the short term, our core developer has already been looking into the p2pool problem. We think we might be able to solve it in another week or two.
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Hey Mr Lee, with SHA256 miners dropping in price drastically (Bitmain S3 now sub $1k/TH) do you think the factory are due any price drops soon?
I have had my dragon for about 70 days. but this price change by bitmaintech will change prices. remember it does not ship for 10 days or so. Of course, but then you can't buy hosted miners from here till aprox the 8th either. BTW This isn't a dig at Mr Lee, I know his prices are based closely on what the charge at the factory is, I was just trying to find out if he knew whether the factory were going to drop their prices in view of the competition. I hope so. if the S3 are as stable as S1 and the price is 0.75 as they set, i think the factory of dragon will drop the price to be competitive, Any news on the 1.2TH 1.5TH and 2TH options they have had "coming soon" for a long time? Either being scrapped and remodeled to compete or won't happen, most likely. Oh I dunno, there is a lot of profit in these for the factory. If they can sell them cheaper than $1K/TH but maintain around 1W/GH then they will sell. |
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Hey Mr Lee, with SHA256 miners dropping in price drastically (Bitmain S3 now sub $1k/TH) do you think the factory are due any price drops soon?
I have had my dragon for about 70 days. but this price change by bitmaintech will change prices. remember it does not ship for 10 days or so. Of course, but then you can't buy hosted miners from here till aprox the 8th either. BTW This isn't a dig at Mr Lee, I know his prices are based closely on what the charge at the factory is, I was just trying to find out if he knew whether the factory were going to drop their prices in view of the competition. I hope so. if the S3 are as stable as S1 and the price is 0.75 as they set, i think the factory of dragon will drop the price to be competitive, Any news on the 1.2TH 1.5TH and 2TH options they have had "coming soon" for a long time? |
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We wish to know if there is any interest in a Group Buy for a Scrypt Miner 34M @ u$s 1750.-
I may be interested, what would estimated ship date be and would this be a Bitmain product or from a different manufacturer. Is form another source Bitmain has no Scrypt miner thats why we have an offer to some of our customers because we received many requests about Scrypt miners. The GB is ready and the price is the very best u$s 1700.- for a 34 Mh/s Scrypt miner. https://bitcointalk.org/index.php?topic=673493.0Regards Juan Pity the B2 has such high power consumption, the A2 is better for that. |
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Neptune is very good miner
Had perfect chip
But need better extra cooling
I will make some without dremmel the case
I'm glad you are finally happy jelin BTW your english is probably a million times better than anyone elses attempt at whatever language you speak so don't worry about it Now looks like I might hopefully only be a day or so away from my refund, then I can pay off some debts. |
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Hey Mr Lee, with SHA256 miners dropping in price drastically (Bitmain S3 now sub $1k/TH) do you think the factory are due any price drops soon?
I have had my dragon for about 70 days. but this price change by bitmaintech will change prices. remember it does not ship for 10 days or so. Of course, but then you can't buy hosted miners from here till aprox the 8th either. BTW This isn't a dig at Mr Lee, I know his prices are based closely on what the charge at the factory is, I was just trying to find out if he knew whether the factory were going to drop their prices in view of the competition. I hope so. |
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