check this out guys: We can surely do that.
We are very busy making all arrangements for the deployment of the first 20 TH/s.
The design of the board is finished, some tests with a full prototype are still left to do. This is a final check that has to be done before we order all the boards. We could already order the PCB’s now, but we want to make 100% sure there are no mistakes made there.
The Bitfury chips we have ordered are ready to be picked up this Friday! We will have them perfect on schedule.
In the meantime we are also setting up our datacenter, so everything is ready when the assembled boards arrive.
We will be back with more info shortly. https://bitcointalk.org/index.php?topic=280570.msg3167570#msg3167570I guess this explain the prices.... simply they wont sell if we wont buy... they don't give a shit about what we think as long as they can mine and fill their pockets |
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Cross PostWe can surely do that.
We are very busy making all arrangements for the deployment of the first 20 TH/s.
The design of the board is finished, some tests with a full prototype are still left to do. This is a final check that has to be done before we order all the boards. We could already order the PCB’s now, but we want to make 100% sure there are no mistakes made there.
The Bitfury chips we have ordered are ready to be picked up this Friday! We will have them perfect on schedule.
In the meantime we are also setting up our datacenter, so everything is ready when the assembled boards arrive.
We will be back with more info shortly. https://bitcointalk.org/index.php?topic=280570.msg3167570#msg3167570IOW, there's no incentive to sell products at a reasonable price, because cryptx will simply deploy those that do not sell to his mine. This is what ASICMiner and bitfury are doing as well and it virtually guarantees that products are sold at prices that will not return much(if any) profit to investors. That explains a lot. Thanks for the information. Yet another centralizer. No wonder things are going south. burnin, I have to say that the choice of your distributor has been, ehm, not so good. they do not care about what we think as long as they can fill their wallets, we will see more things like that happening in the near future.... such a waste of time and energy... so disappointing |
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How about free hosting? Is anyone interested in free hosting?
As long as I get $2500 each, I don't mind hosting for at least 5 years.
it is sad that BFL fucked up their customers, sorry but these units that you have wont both sell for 13 BTC.....Bitburner Fury which they "suppose" to perform 40-80Gh/s for only 9 BTC and no one is buying..... https://www.asic-hardware.com/product/bitburner-fury-incl-chips/good luck |
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anyone thinking about ordering these boards at this price, please try to use paypal, there is no problem if you risk your money for a better reward, but if they fail to get these chips working at these speeds or if they fail to deliver you just open a paypal dispute and charge back.
But even with paypal if you order and get a board hashing at 40ghs and not more, they can chalange your dispute and claim that they are within spec adverised. yes this is true, then they really have to show proves for a hashing board and they have to change the specs based on what they really got, just then if the price is right we we can order, otherwise this is a total rip-off |
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anyone thinking about ordering these boards at this price, please try to use paypal, there is no problem if you risk your money for a better reward, but if they fail to get these chips working at these speeds or if they fail to deliver you just open a paypal dispute and charge back.
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the best performance they got out of these chips till now was 2.7Gh/s, so I would like to see it hashing at the "demonstrated 64Gh/s", and the stated 40-80Gh/s is so unacceptable, this is a huge scope (a factor of 2), it would be closer to logic if you said 70-80 Gh/s or 55-60 Gh/s, but 40-80 Gh/s is called cheating.
and again I would like to know what is the answer about your prices ? you have to make a statement today as tomorrow is the last day to pre-order for Octobers first week delivery .
This weekend Burnin already reached 4 GH/s. care to prove you statement.... and problem is not the price only, the problem is that we do not know the specification of these boards yet, there is no prove that they got the chips working at 4 Gh/s to get the midle 60Gh/s and there is just no prove for that 80Gh/s all what we know that the board work between 40-80Gh/s which is a crazy and illogical scope... this is why I cant tell what is the real value of these boards, and this is why I have to say that they will perform only at 40Gh/s (the minimum) in this case they are soooooo expansive and the price is unacceptable. |
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"Price is what the market will bear" is fine in _normal_ market. This however is far from normal, and there are large risks in investing. See, I used the word invest, since this is very akin to investing, with risks. However currently all indicators point to hashrate rising exponentially for quite some time, so investing in mining hardware is _risky_. Therefore buying mining gear is a risky proposition and the prices should reflect that, and the sellers shouldn't try to offload all the risk on the investors (miners). price is what people will pay in any market including this..for a live demonstration- look at all who buy AM hardware in the name of 'securing the network' or reselling If you had tried to buy bitfury chips you will know well about how the price had changed massively simply because the price can be set what they like..no buyers- no problem, mine themselves with these chips and still earn. I don't know why people are more vocal here than in Bitfury thread..is the price not cheaper here?. anyway everyone can vote with their wallet and if they see better option go for that, that's beauty of competition in free market look, no offense, but you may not exactly understand the history of this. It's not a question of comparing to other companies because we all made decisions based on the estimated price we were given in the OP. To put it simply: 1. people were screwed over by Bitsyncom by non-delivery of Avalon chips. 2. people were informed of the possibility to switch from bitburner to the bitfury version & given a price estimate. 3. people then cancelled the Avalon chips based on 2). 4. price for bitfury board then increased more than 50% (240 euro) and plus extra vat for those in the EU, leaving many people stranded. It appears not to be Burnin's fault, but that of his price gouging distributor. Be that as it may, it is what it is so pls don't ask people to just sit there & take it. And people are more vocal here because many of us still want to support Burnin & would happily put up with a price increase but not just to line the pockets of an overcharging distributor. I think 50-100 euro for the distributor is fine, and assuming Burnin needed an extra 40 euros in costs for the boards approx 550-600 Euro would be a fair price for all concerned. well the problem is not the price only, the problem that we do not know the specification of these boards yet, there is no prove that they got the chips working at 4 Gh/s to get the midle 60Gh/s and there is just no prove for that 80Gh/s all what we know that the board work between 40-80Gh/s which is a crazy and illogical scope... this is why I cant tell what is the real value of these boards, and this is why I have to say that they will perform only at 40Gh/s (the minimum) in this case they are soooooo expansive and the price is unacceptable. |
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the best performance they got out of these chips till now was 2.7Gh/s, so I would like to see it hashing at the "demonstrated 64Gh/s", and the stated 40-80Gh/s is so unacceptable, this is a huge scope (a factor of 2), it would be closer to logic if you said 70-80 Gh/s or 55-60 Gh/s, but 40-80 Gh/s is called cheating.
and again I would like to know what is the answer about your prices ? you have to make a statement today as tomorrow is the last day to pre-order for Octobers first week delivery .
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like I give a shit.... you are a pathetic liar
So fucking off topic, but I lied about what exactly? I do not where to start, but I have no time to argue with you, back to my ignore list Wait, what? You come in a random thread because you see I've posted, say I'm full of shit and a liar, then conveniently 'have no time' to explain why? Lowest of the low, your parents must be so proud. my parents ??!!! how old are you BTW? I am afraid that I am arguing with a kid over internet, and BTW my parents are proud of me yes, I didn't fail any one, I don't lie, and when it comes to respect you have to respect your self first to gain respect from people, I do not beg, I find it hard to understand your begging for Bitcoin to pay for college yet runs the a million dollar company !!!!!! I was watching your post, you are so pathetic. now just move the fuck on, I cant take your shit anymore... just ignore me and I promise I will never read or comment on your shitty pathetic begging posts. |
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like I give a shit.... you are a pathetic liar
So fucking off topic, but I lied about what exactly? I do not where to start, but I have no time to argue with you, back to my ignore list |
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dogie is full of shit.... Also already on ignore list. like I give a shit.... you are a pathetic liar |
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i had the chips running at 4ghash in my test setup.
With a proper board more could be possible, more testing is needed.
And like i said the actual costs did increase.
Burnin I really respect your hard work and amount of time and energy you puted from the start on developing, but with all due respect this is a total rip-off, they have to work out their prices for what is best for all parties, otherwise we are not going to do business with them |
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The 470eur was an early estimate, part costs increased as the design continued.
I am not involved in the pricing of the BitBurner Fury units, i kept my margin reasonable as usual.
I will speak to them if costs at their end can be cut.
yes but to add 229 € is a bit strange, and how come they state 40-80 GH/s, this is out of all logical scopes |
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i will offer you a new 13g asicminer blade at 4.4BTC
I am not buying these, I already stated that, now that bitburner is offering 64Gh/s for 9 BTC , I am not buying anything, I will close this thread |
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You know, all this complaining about the price is unnecessary. You can just vote with your BTC's. Then when he starts taking a loss because he's not selling enough, the price falls.
Well i am sure we are voting with our btc too, but i think being vocal is good too. +1 |
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I think there is plenty of middle ground. Most would like to see the bitcoin network more secured, most would also like to make some money for their efforts. Not really sure what this post is driving at. I mined around break even with GPUs for awhile however judge future miner hardware purchases based on speculative BTC ROI. Being interested in ASICs and not wanting to lose money aren't mutually exclusive. I'm sure there are plenty that have bought small USB miners for fun knowing they'd likely never turn a profit and also purchased larger priced ASICs with profitability in mind.
What is this post driving at? I'm just pointing out that there seems to be such a strong divide between the "wants" and the "want nots". And oddly, some of the most vocal people in the Custom Hardware subforum are the "want nots". Why do they feel its their duty to "educate" those of us who are actually interested in the topic? Frankly, it tiresome and boring. Flame away! Well I guess we'll have to disagree that such a large divide exists then. Most arguments surrounding this topic I've seen stem more from a differing of what constitutes ROI. If you know your equipment likely won't make a return over investment and you are fine with that and your motivation is to secure the network and get a chance to own ASICs, then I don't think that is very controversial and I doubt anyone has a problem with it. to be honest, i am not against collectors and small miners who take mining as a hobby, but I am against that behavior because it gives the wrong attitude for manufacturers, they will overprice each product because of people like that.... nothing personal but i guess it is an open market and this is how it goes... |
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I think it's true that this forum is dominated by people who are obsessed with the idea that Bitcoin mining should be a guaranteed ROI, and rail against anyone who gets in the way of their God-given right to free money. Whatever you may think of YiFu and Avalon - I agree with this: I am tired of this toxic community malformed by greed.
I mine for fun. I hope the coins will cover most of the hardware costs, but I don't delude myself into thinking that ROI is particularly likely. Glad to see I'm not the only one. roy I like when you say free money, I would like to hear what bill gates think about this ... it is not free when you invest money and take time and effort to get it (if you didn't understand my reference) |
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Oh this might stir things up a bit...
I also "upgraded" an April BFL preorder to a Monarch. Even I have written that one off, lol.
Oh my god you again ... I will try to be respectful this time ....wouldn't be better to donate the money that you know you will be losing to some charity ? investing money with the knowledge that you will never return on you investment is just re****d... I cant be respectful right  no back to my ignore list |
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So, if mining is consolidating into a few big players, maybe anybody can tell me why BTCGUILD is still so strong.
Wait until all the new rigs come out like cointerra. Also keep in mind the difficulty has not leveled off yet and is far from it when it does we will see the results of the centralized in full effect I will wait and see, but by now the mentioned consolidation, is only speculation. I know I am not buying at these prices and I know most miners are thinking the same... in one point you will realize that miners who did pre-order these prototypes were only financing the start of the mining operation for these manufacturers, you are giving them only a push but when they have the capital to pay for their own operation they wont need you anymore.. they will build the next mining prototype and keep it for their selves or sell it for a price which making ROI will be a dream. you can ask me "well it is a money printing machine, what are you complaining about?", well first we have to define what is a money printing machine: If you invest X BTC you expect to get Y BTC after (put the numbe here) months, to call that machine a money printing machine this condition must be fulfilled Y>X, if they can make this their selves they wont sell you that machine or they will sell you at a high price that you think that they are thinking about network decentralization. but no they are not |
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