Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | Fefox | 20 BTC | klintay | 20 BTC | klintay | 20 BTC | Dwayne7 | 20 BTC | CA Coins | 20 BTC | CA Coins | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | HorseRider | 19 BTC | crazyearner | 19 BTC | rausvi15 | 19 BTC | zerocode20 | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | Bids placed on 27 out of 27 units, continue the bidding!
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astutiumRob: diff will be 149M at least for domestic customers (which we expect to be the majority of our customer base.) Next diff is estimated to be only 180M per allchains.info, very far from the 298M people were quoting. Also the average worldwide electricity price is $0.10/kWh. It makes sense to pick this one as the default. And again we expect our auction to naturally attract those with lower than average rates.
Don't even try to defend the ROI. It's just not there. These will not break even at the current bid prices unless you have nearly free power. http://mining.thegenesisblock.com/a/cf8f2331e7Please realize you make an incorrect statement out of literal rounding errors. Demonstration: change your analysis' power cost to $0.085/kWh (still very close to the worldwide's average, 15% below it, hardly what I would call "nearly free power"), and change the monthly difficulty increase from 100% to 95% (just to demonstrate you are playing with rounding errors) and ROI is achieved in Jan 2014: http://mining.thegenesisblock.com/a/5ce6d144b8Therefore you cannot claim "ROI is just not there", just as one cannot claim "insanely great profits are there" (with a 19 BTC price and ~100% monthly diff increases). Which is why I am taking the middle-ground position of "ROI will approximately be achieved (either slight losses or slight profits) in this hypothetical scenario". Also, as others pointed out, I am not claiming a ROI in all scenarios. Fundamentally, neither I, nor you, know future monthly diff increases: - They could be 50% in which case great profits will be made. - They could be 100% in which case ROI will approximately be achieved. - They could be 150% in which case losses will happen.
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AdamKD: we guarantee all redhash units achieve 105 Ghash/sec +/- 5%.
astutiumRob: diff will be 149M at least for domestic customers (which we expect to be the majority of our customer base.) Next diff is estimated to be only 180M per allchains.info, very far from the 298M people were quoting. Also the average worldwide electricity price is $0.10/kWh. It makes sense to pick this one as the default. And again we expect our auction to naturally attract those with lower than average rates.
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Update:
For international shipping, we highly recommend to ship the Redhash unit without the Power Supply Unit as its presence may cause issues at Customs during import. You should instead purchase a standard PSU on your local market (850 Watt minimum). Of course the decision is up to you, but if you choose to have the Redhash unit shipped without PSU, we will take 0.5 BTC off the price you bid.
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | Fefox | 20 BTC | klintay | 20 BTC | klintay | 20 BTC | Dwayne7 | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | HorseRider | 19 BTC | crazyearner | 19 BTC | rausvi15 | 19 BTC | zerocode20 | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | Bids placed on 27 out of 27 units, continue the bidding!
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sse123: may I publicly ask that you prove to me and to other bidders that you own at least 114 BTC (6 * 19 BTC) by signing a message (eg. "I am sse123 and I bid on redhash units") with one or more bitcoin addresses that contain 114 BTC in total? Or PM me and I will ask that you send us a 0.1 BTC deposit per unit, so 0.6 BTC total. In the mean time, I disabled your bid. I will re-enable your bid (keeping your spot exactly in line where it was) the moment you fulfill 1 of the 2 requests. This is to ensure our bidders remain confident in a fair auction. Thanks. Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | Fefox | 20 BTC | klintay | 20 BTC | klintay | 20 BTC | Dwayne7 | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | HorseRider | 19 BTC | crazyearner | 19 BTC | rausvi15 | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | CA Coins | 18 BTC | Bids placed on 27 out of 27 units, continue the bidding!
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Just one question; your photo's show 60+ machines, current auction lists 27; how many do you intend to auction off over the coming weeks/months?
Well, not all machines can be sold. Some were never filled in with chips/hash units due to Bitsyncom's delays. Some are stock held for warranty claims. Some have non-working parts. With that said, I cannot comment on our future plans. Surprises
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | Fefox | 20 BTC | klintay | 20 BTC | klintay | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | HorseRider | 19 BTC | crazyearner | 19 BTC | rausvi15 | 19 BTC | sse123 | 19 BTC | sse123 | 19 BTC | sse123 | 19 BTC | sse123 | 19 BTC | sse123 | 19 BTC | sse123 | 19 BTC | Bids placed on 27 out of 27 units, continue the bidding!
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | Fefox | 20 BTC | klintay | 20 BTC | klintay | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | HorseRider | 19 BTC | crazyearner | 19 BTC | rausvi15 | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | CA Coins | 18 BTC | CA Coins | 18 BTC | Bids placed on 27 out of 27 units, continue the bidding!
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | Fefox | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | klintay | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | HorseRider | 19 BTC | crazyearner | 19 BTC | rausvi15 | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | CA Coins | 18 BTC | CA Coins | 18 BTC | zerocode20 | 18 BTC | Bids placed on 27 out of 27 units, continue the bidding!
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | klintay | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | HorseRider | 19 BTC | crazyearner | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | CA Coins | 18 BTC | CA Coins | 18 BTC | zerocode20 | 18 BTC | tacotime | 18 BTC | Dwayne7 | 18 BTC | bids placed on 27 out of 27 units, continue the bidding!
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sbfree: ok and thanks.
kamranfaisal: please note that your bid falls after people who have already bid 18 BTC (first bidders take precedence over late bidders).
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... or making a 0.1 BTC deposit to TAV to allow you to bid which you be returned if you don't win the auction, etc.
I mean: "or making a 0.1 BTC deposit to TAV to allow you to bid - the deposit would be returned if you don't win the auction, etc."
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just a question, how do you sure about who will actually pay, and how to confirm the winners? you will send a private email?
I will private message the winners to confirm their email address or phone number. Then TAV will use email or phone to arrange payment and delivery details. So far, about 8 in 10 bids seem legit with high certainty. Some bitcointalk accounts (like yours) are very new, and if more new accounts start bidding we will start enforcing bidding requirements (such as signing a message with a Bitcoin address holding sufficient funds, or making a 0.1 BTC deposit to TAV to allow you to bid which you be returned if you don't win the auction, etc).
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | klintay | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | cyberwarrior | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | CA Coins | 18 BTC | CA Coins | 18 BTC | zerocode20 | 18 BTC | tacotime | 18 BTC | Dwayne7 | 18 BTC | optimator | 18 BTC | optimator | 18 BTC | 0 bids unfulfilled (bids placed on 27 out of 27 units)
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | klintay | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | WinterParker | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | wrawb | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | CA Coins | 18 BTC | CA Coins | 18 BTC | zerocode20 | 18 BTC | tacotime | 18 BTC | Dwayne7 | 18 BTC | optimator | 18 BTC | optimator | 18 BTC | optimator | 18 BTC | 0 bids unfulfilled (bids placed on 27 out of 27 units)
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I'm choosing to prescribe to the "no news is good news" also.
In the (short but) entire history of Bitcoin ASIC mining, no news from a vendor has always been bad news: bASIC, BFL SC products, Avalon, etc. Sadly, I expect KnCMiner to be no different.
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Summary of winning bids so far: Username | Bid | XenonofArcticus | 20 BTC | XenonofArcticus | 20 BTC | thegoldbug | 20 BTC | Lloydimiller4 | 20 BTC | johndough | 19 BTC | Xian01 | 19 BTC | klintay | 19 BTC | Threader | 19 BTC | DVB | 19 BTC | yoyokofx | 19 BTC | sturle | 18 BTC | sturle | 18 BTC | bitterdog | 18 BTC | elaramus | 18 BTC | CA Coins | 18 BTC | CA Coins | 18 BTC | zerocode20 | 18 BTC | tacotime | 18 BTC | Dwayne7 | 18 BTC | optimator | 18 BTC | optimator | 18 BTC | optimator | 18 BTC | optimator | 18 BTC | iluvpcs | 18 BTC | iluvpcs | 18 BTC | cyberwarrior | 18 BTC | wrawb | 18 BTC | 0 bids unfulfilled (bids placed on 27 out of 27 units)
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your best bet is to either buy bitcoins as a speculation or go for Asicminer Blades - shipping immediatelly for a reasonable price
May I promote our (TAV's) products? - Redhash 105 Gh/s (shipping in 3 days) currently being sold at ~20 BTC. That's only 0.19 BTC per Gh/s- Asicminer blades are more expensive: 13 Gh/s at ~3.5 BTC. That's 0.27 BTC per Gh/sOP asked for commercial solutions at ~$6k. Redhash units seem a good fit.
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