Since the story is not on the air, I will keep my mouth tight.  The miner is NOT built from nothing. We still have cost. From the view of investment, by selling some miners we will get some investment back to lower our risk. Since the miner uses the most advanced 28nm technology, I expect it will have longer lifespan than any miner currently in the market. It will still be a profitable investment in the future. I have already mentioned before that the miner could be delivered around the middle of March. Everything will be clear in a few days when the official website is launched. From your words, you are a serious buyer. If you follow the post from skyfromwell, you should know he had already contacted third-party for testing. We value our customers and we will build our reputation since we consider it as a long-term business. Thanks for your interest. |
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And why are you selling these miners??? OH, you are "testing" them and when all "testing" is done then they are good to go right? This is a very good question and could take a long time to answer since there is a very very interesting story behind this. Unfortunately, I could not share the story with you. The testing should be considered closed since the 60T miners are very stable now and we are in mass production for the first 1200T order. The official website will be launched in a few days. Then you could make your order for this super powerful miner if you want. |
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It will have favorite terms for the customers. Wait to see...
Unfortunately Avalon and BFL as well as others use that as a company motto and their expected shipping date. If this unit ships then all is good. The company will have a very good shipping policy for customer since it has the products in hand. |
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It will have favorite terms for the customers. Wait to see...
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Official website is in closed testing.
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Just talked with the chip maker and they confirmed that they don't know that UK company.
If they bought the chips from bitmine, then price will NOT make this price work.
Also this chip by design is perfect for 1T system. It is NOT to be smart to make 1.5T system, and it impossible to make 3T system.
Asking them to show a REAL system that is running.
You've still to actually verify your products as well, or respond to my PM or email. Giving you support is a lot different from giving you buckets of our money. We want to give you our buckets of money, but you need to meet up half way and make us feel comfortable enough for us to give you our buckets of money. Buckets of money. Lots of buckets of money. But no safety, no money! Then be patient. You should be responsible for your own money. There are many honest, smart and hard working persons behind this first 3rd generation 28nm 1TH/s miner. They are also working hard to launch their official website. So just be patient. Be a smart investor hunting for value instead of running into a rush to catch a falling knife. |
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Let's do some statistical modelling for fun: Use E as Expected value, T is some time in the future.
E(return at T) = E(number of bitcoins at t* price of bitcoin at t) + (sale price of miner at T/ discount rate - purchase price of miner at 0) -E(electricity cost) -E(stability cost) - E(other costs)
Here are the questions:
Will the number of bitcoins be the same for option A or option B?
Price of bitcoin is out of our control, up or down?
Which is bigger for the difference (sale price of miner at T/ discount rate - purchase price of miner at 0) for option A or option B? Do you predict a big drop for one of the options?
How about electricity cost, zero?
How about the overheating burns the board and the miner needs to be repaired or shut down for several hours for stability cost?
Any other costs like noise cost?
It seems to be an interesting statistical model. Anyway, think before you move your step.
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The official website will be online in 1-2 weeks. You will get more details then.
You can do your own comparisons for price, occupied space, electricity, stability, noises, depreciation etc in the following cases
a. 1T 28nm vs 1T 55nm ?
b. 1T 55nm vs 5*200G 55nm ?
c. 1T 28nm vs 5*200G 55nm ?
Judge before you do your investment. Price is not the only factor you need to consider unless you have free space, electricity...
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很神秘。许多人在推这个机器。却不知道是什么芯片。
如果真如楼主所说，同样的28nm芯片，同KNC的芯片还是有差距。 据传，还有一个矿机叫乐天矿机，不知道同井天矿机有无关系。 不管如何，交易需谨慎！ 乐天矿机跟井天矿机没任何联系。官网很快就会出来，到时自己比较优劣吧。关健是28nm 1TH/s现货。 |
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papamoi, Do you have the chip parameters from bitmine.ch? Is there any miner runnning their chips? It seems to me that there are already 60T Jingtian miner running for testing and they are running very stable. They already have 1200T waiting in the line. Time is everything here. It sounds a sweet deal to me if it can be shipped by the end of March. It seems there is another post talking about this miner. Here is the link https://bitcointalk.org/index.php?topic=466254.0Don't waste your time with Papamoi, he's an idiot. Just take a look at his posting history. Be gentle. And Papamoi, please do not advertise other miner in this thread. Thanks. |
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papamoi, Do you have the chip parameters from bitmine.ch? Is there any miner runnning their chips? It seems to me that there are already 60T Jingtian miner running for testing and they are running very stable. They already have 1200T waiting in the line. Time is everything here. It sounds a sweet deal to me if it can be shipped by the end of March. It seems there is another post talking about this miner. Here is the link https://bitcointalk.org/index.php?topic=466254.0I already mentioned that link on post #6. Stability means a lot especially for a mining pool or big player. |
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The chip is developed by themselves and I am not sure if this information could be disclosed. I will try to get some feedback with payment/shipping information from the company later.
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Escrow?
For pre-order, I means the company does not have the miner in production. Instead they start to sale when the miner is in concept or design or testing phase. For Jingtian miner, you pay the money and then the company buy the chip, materials and put it in the factory and doing some testing. That is my guess. Or they could estimate the demand and keep producing the miner and this way you pay the money and then the miner is shipped in a few business days. Not sure how they will handle the shipping to the US right now. |
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If you could read Chinese, you can use above contact information. The weibo is the official site http://weibo.com/u/1867847380 and the QQ group 134999206 is the official sales group from the weibo site. Otherwise you should contact skyfromwell@gmail.com. The google translation is kinda ugly. Let's make it simple: --- The only 3rd Generation 28nm 1TH/s ASIC miner in the world in batch production instead of pre-order. The first 60 miners run smooth for over 2 weeks consuming only 900w/T. It is ready for orders. --- The miner could be the most stable 1TH/s machine in the world with 28nm chip. Not sure if they accept bitcoin for payment now. I will let you know if I get the feedback. |
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Quantity Unit Price
under 10 ~8000 USD
The above should be the price. I will confirm with the company later. Also, they do provide grouping discount.
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Price? Availability? Shipping dates? Website? So Many questions!
The factory is running full capacity to fill the first order of 1200T. After this order is fulfilled, the new order will be delivered around the middle of March. I will give you more information after I get some feedback from the company. |
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Official website: www.jtminer.com (not accept order now) Only email from @jtminer.com or message from me and skyfromwell and "JT miner" can be trusted to discuss the JTminer/JingTian miner.JingTian ASIC Bitcoin (BTC) miner 1TH/s Features: -Wattage: 900watts -Hashrate: 1TH/s -Chip size: 28nm -Powerful stand-alone ASIC Bitcoin Miner Update: https://bitcointalk.org/index.php?topic=470386.msg5571215#msg5571215(Also, please note a new id quesiontime is just a badmouth full of false assumptions and could be paid for his post, so do not take his words seriously.) We do NOT have any authorized distributor now. Please be cautious.Reviews from some trustful members will come out in 1-2 weeks. Orders will be accepted after that. The miners currently in the market are not made from us.Part of the first order (60T) is already in mining bitcoin, see the profit http://eligius.st/~wizkid057/newstats/userstats.php/1swrtyBsp9odruX65upeyubAVSAyggh78. Click "Toggle Display of Worker Details", you can check the details. Now they are in production to fill the order for 1200T. On and after Mar 1, more miners could be added to the pool. 1. The chips out of Foundry at last Dec. 28, and our sample system came out at Jan, 5.
2. Around Jan 23, we started first batch of the sample systems (totally 70) manufacturing and before Chinese New Year, 60 of them went up online.
3. Our first order is 1300 systems, so we were not daring to do mass production BEFORE the stability test finish. Otherwise if any defect on the PCB boards, then you have to dump a large amount to PCBs (that was what Bitmine did).
4. After things proved to be right and long Chinese New Year holiday was over, we started the big production.
5. During this time, some guys were able to get our original designs ( this is China, LOL), and begun producing their sample units.
6. So since our current production were already paid for, so the next available units will come around March 15/25 time frame.
7. Even thought Bob contacted with me first, but apparently someone tricked him into what he believed the system were from us.
8 .Those systems were sample units made by copycats and NOT from us. Period.
9. Friendly advise: Bob, DO NOT attempt to over clock, you will burn the chips.
10. We will give a production presentation in next Weds. day (Shanghai time), and one thing is for sure, those sample units you received never went longer period of testing. Neither some parts on their board are up to the standards you like to see, so I have to say "Good luck".
11. If you are lucky enough by chance and those parts turn out ok, the max you can go probably around 1T. But the max our system can go is around 1.3T.
Chip related: Innosilicon should have right to sell the A1 chips https://bitcointalk.org/index.php?topic=470386.msg5572959#msg5572959https://bitcointalk.org/index.php?topic=470386.msg5507351#msg5507351A good story you could check: https://bitcointalk.org/index.php?topic=482921.msg5340791#msg5340791 |
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