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3181  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 10:25:32 AM
Price didn't drop because of that !!! price dropped because of difficulty, than explain why blades cost only 4BTC? because of your USB miners ?

Well you didn't put any thought into your answer, did you?

Of course competition, or the threat of competition, can cause prices to fall.  So can excess inventory, decreased demand, cheaper production and of material costs, difficulty rise (in the case of bitcoin) and many other reasons or combination of reasons.

What can't happen for any length of time is, you can't sell something for less than it costs to produce.  So quit bitching about overpriced ASICs and go back to mining LTC with your GPUs.   Roll Eyes

my GPUs make more money than you will ever make with these miners sucker, I am amazed that you still know how to calculate, I thought people like you doesn't know how to use a calculator but you proved that even after using one you still suck.
3182  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 10:08:20 AM
Quote from: mmitech link=topic=292433.msg3135641#msg3135641
based on what you said," you have small profit and it is close to nothing" means that if you do not sell for this price you are fucked as well, of course assuming that you were honest when you said that you do not have much profit of them.... if you cant sell, you wont see ROI from mining with them.

so you are fucked either ways, you didn't do your math or you thought the community is still stupid to blindly buy for any price... these times are over, miners got burnt and learned the lesson, again except if you sell to some sucker and it doesn't count  Grin  

BPMC isn't going to be fucked however you want to look at it.  Did you miss the part where he said that he ultimately didnt care if they sold any?  They'll just mine with whatever they don't sell.

Have you seen the sexy pics of the BPMC farm yet?  It's pretty difficult not to fall in lust and desire a couple hubs filled with those gorgeous sticks after seeing the photos.

yes you are one of the suckers, so you were right all the way suckers gonna buy any ways
3183  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 10:00:41 AM
^^^
Asicminer BE hashes at 336mh/s these do around 2.5
Asicminer BE's sell to new customers for around 0.3 BTC
this is "in-hand" hardware. the chips alone cost me $130 each
you do the math.

cheers,
kev

Have to look at the density as well.

10 USB ports at 3.36Gh/s vs. 10 USB ports at 25 Gh/s.
Less heat less cooling required etc... so if you are not calculating in hub costs the ROI is going to be skewed right?

Need to factor that in as well into the costs do we not?

Its a large negative ROI either way. Barntech is selling the same basic thing, to be shipped soon for less than half.


I doubt you will see anything from Barntech for at least another month. If We were to order October chips we could probably match his pricing. We are not doing pre-orders or pre-sales, BPMC have learned our lessons from that. It doesnt really matter if we sell these first few or mine them. BPMC were first to market with these, we provided video evidence of hashing "in stock" items. To my knowlege, no other group has done that.

cheers,
kev

based on what you said," you have small profit and it is close to nothing" means that if you do not sell for this price you are fucked as well, of course assuming that you were honest when you do not have much profit of them.... if you cant sell, you wont see ROI from mining with them.

so you are fucked both ways, you didn't do your math or you thought the community is still stupid to blindly buy for any price... these times are over, miners got burnt and learned the lesson, again except if you sell to some sucker then it doesn't count  Grin  


No I don't think we and our customers are as FUCKED as much as we would have been if we kept going on something like the K1 Nano, we are not really that out of tune as you think we are that is the beauty of being part of a COOP there are plenty of people to point out how the math is going to go. It is all relative. This miner was built. It exists. I think that value alone puts the production at breakeven or small profit in perspective. Personally and for many of our members I have to say having USB miners in the marketplace that is in direct competition with bigger players that are functional is a minor achievement and makes us happy. If we make a few bucks great. If we have to mine for an extended period to make back our investment ok... but to be honest having the design and tech for a second round with cheaper chips means we are hardly FUCKED nor the community as we will as prices drop pass that along. So much doom and gloom there are actually positive aspects to this unit here is hoping people see that if not today possibly in a few weeks.



I do not see where is the competition ? in making a hardware way over priced than any other existing hardware ? the only competition you are making is the reverse one, any one can grab a calculator and see that even BEs are better than yours in ROI terms, the only thing I can congratulate you for is making "working prototype" and nothing else, you cant call this competition sir, you are way far from to the closest thing to competition.

and yes this makes it easy for you for the next Run, but Sir till than don't try convince us.

Make no USB miners at all...  no competition.

When we posted that we were going to build a K1 and the chips didn't arrive... what happened to the price of the BE's? Let me know if you think being in the market with this Miner is a negative as opposed to having only one place to shop?


Price didn't drop because of that !!! price dropped because of difficulty, than explain why blades cost only 4BTC? because of your USB miners ?
3184  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 09:52:44 AM
^^^
Asicminer BE hashes at 336mh/s these do around 2.5
Asicminer BE's sell to new customers for around 0.3 BTC
this is "in-hand" hardware. the chips alone cost me $130 each
you do the math.

cheers,
kev

Have to look at the density as well.

10 USB ports at 3.36Gh/s vs. 10 USB ports at 25 Gh/s.
Less heat less cooling required etc... so if you are not calculating in hub costs the ROI is going to be skewed right?

Need to factor that in as well into the costs do we not?

Its a large negative ROI either way. Barntech is selling the same basic thing, to be shipped soon for less than half.


I doubt you will see anything from Barntech for at least another month. If We were to order October chips we could probably match his pricing. We are not doing pre-orders or pre-sales, BPMC have learned our lessons from that. It doesnt really matter if we sell these first few or mine them. BPMC were first to market with these, we provided video evidence of hashing "in stock" items. To my knowlege, no other group has done that.

cheers,
kev

based on what you said," you have small profit and it is close to nothing" means that if you do not sell for this price you are fucked as well, of course assuming that you were honest when you do not have much profit of them.... if you cant sell, you wont see ROI from mining with them.

so you are fucked both ways, you didn't do your math or you thought the community is still stupid to blindly buy for any price... these times are over, miners got burnt and learned the lesson, again except if you sell to some sucker then it doesn't count  Grin  


No I don't think we and our customers are as FUCKED as much as we would have been if we kept going on something like the K1 Nano, we are not really that out of tune as you think we are that is the beauty of being part of a COOP there are plenty of people to point out how the math is going to go. It is all relative. This miner was built. It exists. I think that value alone puts the production at breakeven or small profit in perspective. Personally and for many of our members I have to say having USB miners in the marketplace that is in direct competition with bigger players that are functional is a minor achievement and makes us happy. If we make a few bucks great. If we have to mine for an extended period to make back our investment ok... but to be honest having the design and tech for a second round with cheaper chips means we are hardly FUCKED nor the community as we will as prices drop pass that along. So much doom and gloom there are actually positive aspects to this unit here is hoping people see that if not today possibly in a few weeks.



I do not see where is the competition ? in making a hardware way over priced than any other existing hardware ? the only competition you are making is the reverse one, any one can grab a calculator and see that even BEs are better than yours in ROI terms, the only thing I can congratulate you for is making "working prototype" and nothing else, you cant call this competition sir, you are way far from to the closest thing to competition.

and yes this makes it easy for you for the next Run, but Sir till than don't try convince us.
3185  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 09:38:23 AM
^^^
Asicminer BE hashes at 336mh/s these do around 2.5
Asicminer BE's sell to new customers for around 0.3 BTC
this is "in-hand" hardware. the chips alone cost me $130 each
you do the math.

cheers,
kev

Have to look at the density as well.

10 USB ports at 3.36Gh/s vs. 10 USB ports at 25 Gh/s.
Less heat less cooling required etc... so if you are not calculating in hub costs the ROI is going to be skewed right?

Need to factor that in as well into the costs do we not?

Its a large negative ROI either way. Barntech is selling the same basic thing, to be shipped soon for less than half.


I doubt you will see anything from Barntech for at least another month. If We were to order October chips we could probably match his pricing. We are not doing pre-orders or pre-sales, BPMC have learned our lessons from that. It doesnt really matter if we sell these first few or mine them. BPMC were first to market with these, we provided video evidence of hashing "in stock" items. To my knowlege, no other group has done that.

cheers,
kev

based on what you said," you have small profit and it is close to nothing" means that if you do not sell for this price you are fucked as well, of course assuming that you were honest when you said that you do not have much profit of them.... if you cant sell, you wont see ROI from mining with them.

so you are fucked either ways, you didn't do your math or you thought the community is still stupid to blindly buy for any price... these times are over, miners got burnt and learned the lesson, again except if you sell to some sucker and it doesn't count  Grin  
3186  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 07:43:27 AM
Really unhappy with the pricing. With it being 1btc, would have picked up quite a few. With it being 2.1 (and all the args about USB hubs and extra ports), I will go to AM any day. .10 is their bulk price, and .16 is for anyone (no min) from Canary's group buy thread. You get these in couple of days!

Sorry but you had a great opportunity that you just blew up.

There is either we sell at the price you expect and do that at a loss or we do it at a price we can afford to let them go. If that is a disappointment to you I am sorry, and given our history with community this is not the end or it has BLOWN UP... we are being forthright and honest to the community. Here is the price. Calculate carefully and make your choice. I am sure our other units in the future will not have as a razor thin margin and we can make a much better effort next time. Let's not get all end of the world about this... we have posted a price but it is not the last thing our COOP will produce.

well you are really not offering any kind of competition here, these prices doesn't encourage the end user to invest in mining.... when I think about buying a miner I would like to get my investment back after X months, then yes any one buying these for 2.1 will never return his investment which means that he want to burn his money, or simply he is a sucker so sorry to put it out this way .


Quote
The thing that always gets me about people complaining about the price of ASIC's is this: How much would you sell your machine that prints money for? That's essentially the question. You sell it for more money then it prints.Thats the answer (essentially, minus consideration for electricity costs and other stuff). So ASIC vendors in their right mind always have to sell them for more then they make, and ASIC purchasers are always taking the risk they never make their money back. Essentially. But no need to call people names about it. If you don't want to pay 2.1 BTC, don't buy them. It's not like they mind the inventory languishing in the warehouse. And by warehouse I mean USB hubs.


think again about the definition of a printing machine, let me help you out, a printing machine is that machine you pay for with X BTC and get Y BTC, and Y>X , a machine that costs more than what will ever make is not a money printing machine but a waste of money and energy, well it is a printing money machine only for the seller because he will make more money out of it if he simply sell than mine.  

Edit: crazy_rabbit sorry I just realized that we were talking about the same point here, my apologies
3187  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 07:07:56 AM
they all want to get rich out of miners, they found out that this is the best way. pathetic ...

That is wholly untrue.

Rich? I suggest you might want to find out the cost of fabrication and add that chip price to it then the time and effort for the development etc... there is no one in the Coop getting rich off these units. We priced where we can make a small profit for our members. We can't do any more than that with this run of units so do the calculations and determine if it is worth it. Not much more we can do than say that. But please do not think we are trying sucker people we want to offer the units out to the community if they buy they buy if they don't they don't.



we wont argue about your intentions, but who ever buy these at this price is a real sucker.
3188  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 06:49:04 AM
they all want to get rich out of miners, they found out that this is the best way. pathetic ...
3189  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 12, 2013, 06:42:34 AM
Quote
Asicminer BE's sell to new customers for around 0.3 BTC

wrong, they sell for 0.15 for US end customers, and 0.21 for Europe end customers.

good luck selling these to some suckers
3190  Economy / Computer hardware / Re: We are selling miners AVALON CLONE on: September 11, 2013, 07:39:55 PM
you accept escrow right? because you have very little feedback so i assume you MUST accept escrow
are you serious you will pay 7600$ for this Huh?? here is an AVALON for only 30BTC and the price get reduced each day by 1BTC   https://bitcointalk.org/index.php?topic=285010.msg3125291#msg3125291
It is $4.2k for 80G.
this is 110G and the preorder is 120-140G. Do you ever had an avalon at all? Or just like to question everyone?
To the ones who don't believe us please take a look at the pictures.


it is still overpriced, and yes I question everything, you don't like it then stay on ebay, we like to discuss things here.

BTW: he asked if you use Escrow and you didn't answer. I am curious as well .
Escrow only for current units not for preorder. Do Escrow support preorder at all?

we meant items on stock... no one will pre-order an Avalon shipped on October, this will be crazy...it will never ROI, even these on stock that you are selling now will never ROI at this price
3191  Economy / Computer hardware / Re: We are selling miners AVALON CLONE on: September 11, 2013, 07:29:46 PM
you accept escrow right? because you have very little feedback so i assume you MUST accept escrow
are you serious you will pay 7600$ for this Huh?? here is an AVALON for only 30BTC and the price get reduced each day by 1BTC   https://bitcointalk.org/index.php?topic=285010.msg3125291#msg3125291
It is $4.2k for 80G.
this is 110G and the preorder is 120-140G. Do you ever had an avalon at all? Or just like to question everyone?
To the ones who don't believe us please take a look at the pictures.


it is still overpriced, and yes I question everything, you don't like it then stay on ebay, we like to discuss things here.

BTW: he asked if you use Escrow and you didn't answer. I am curious as well .
3192  Economy / Computer hardware / Re: We are selling miners AVALON CLONE on: September 11, 2013, 07:13:18 PM
you accept escrow right? because you have very little feedback so i assume you MUST accept escrow
are you serious you will pay 7600$ for this Huh?? here is an AVALON for only 30BTC and the price get reduced each day by 1BTC   https://bitcointalk.org/index.php?topic=285010.msg3125291#msg3125291
3193  Economy / Computer hardware / Re: BFL 50 GH/s Bitcoin Miner on: September 11, 2013, 07:11:30 PM
60 Gh/s in hand miners are selling for 20BTC max

where is that exactly? ive been looking for more hashing power

I am sure that he will do all 3 for 60BTC https://bitcointalk.org/index.php?topic=283774.0
3194  Economy / Auctions / Re: 41 asicminer direct shares for auction 24hour auction starting 2.5 ea on: September 11, 2013, 05:44:15 PM
did you just send 12.5BTC without using escrow? and the funny thing he was asking you to send another 100BTC, this guy should be tagged as a scammer, report this to a moderator and maybe you should talk to fredicat and show him these evidence he might consider transferring that to you... it is worth a shot, ask an administrator or moderator to help you, I really wish you good luck 
3195  Economy / Computer hardware / Re: BFL 50 GH/s Bitcoin Miner on: September 11, 2013, 05:35:04 PM
you wont see that miner soon, you're gone BFL my friend, 60 Gh/s in hand miners are selling for 20BTC max, any one will offer half of this will be out of his mind. I wish you good luck though.
3196  Other / Off-topic / What ASIC did to miners on: September 11, 2013, 04:51:47 PM
Moderator feel free to move this thread If It is inappropriate here, I am just trying to chill people out  Grin


you want to know why miners are getting crazy over ASIC miners forgetting to do simple calculations..... this video explain what most miners are going through  Grin

https://www.youtube.com/watch?v=No0x04hZqE0
3197  Bitcoin / Hardware / Re: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World on: September 11, 2013, 03:28:36 PM
Price ?
3198  Economy / Computer hardware / Re: Avalon Clone DIY - Case, PCB, small parts- WITHOUT chips (16 available) on: September 11, 2013, 12:41:40 PM
I know that you invested allot of money , but it is better if you hold to them, because the AVALON chips Gen2 will be compatible with your hardware as Yifu promised.
3199  Other / Politics & Society / Re: So... Al Qaeda are now our friends in Syria? Cool! on: September 11, 2013, 12:35:19 PM
Sorry original poster, but you have no Idea of what you are talking about..... after 12 years of the 9/11 most of people agrees that Al Qaeda is made up, but mixing this with what happening in Syria proves that you have no clue about what is happening in middle east.

I lived 20 years in north Africa, I did breath their air and practiced their traditions and I think I have a better understanding of what is happening there, Let me make it short because it is really complicated:

it all started in Tunisia couple of years ago when a man (Bouazizi)who sells groceries outside in the street got shut down because of working without a license till here the story seems normal, but the way he got shut wasn't fear and nonhuman, not mentioning the fact that he was a father and he had to provide for his family somehow but the critical part is that he got slapped from the policewoman and they took all what he had at the time. being desperate and angry he tried to complain, but he got refused...  because he couldn't provide for his family in a legal way and he didn't want to go and steal he went and  set him self on fire.

people got touched, and when they knew the reason after this incident got even angry, they went down to protest for this system victim and they got answered with real live ballet from the police killing hundreds of civilians.... Zine El Abidine Ben Ali was the president of Tunisia since 1987 running the country in a dictatorship, it was just about time that people had enough and went out to break the system and replace it with democracy..... read here for more Info http://en.wikipedia.org/wiki/Tunisian_revolution.

why did I mention Tunisia ? because it all started from here, then what was called the Jasmine Revolution followed to most Arabic dictatorship countries as Egypt and Libya and Yemen and here we come to Syria.....

Al Assad was never voted to be a president but was brought after the death of his father which was a president and was forced by military, Syrian lived a miserable life where only the people on the top of the government or people close to them had a good life, when it happened in all other countries Syrians realized that they can change their system as well and take down Al Assad, they realized that they can have freedom and they can choose who to guide them, But Al Assad was stronger than they even imagined being supported by Russia and Iran, Al Assad commited one of the worst crimes after the World war, used all kind of weapons to kill civilians, it was never about religion in Syria.

 and when talking about Hezbollah Allah you prove that you have no clue, Hezbollah (pronounced /ˌhɛzbəˈlɑː/;[4][5] Arabic: حزب الله‎ Ḥizbu 'llāh, literally "Party of Allah" or "Party of God")—also transliterated Hizbullah, Hizballah, etc.[6]—is a Shi'a Islamic militant group and political party based in Lebanon, if you want more about it read up here http://en.wikipedia.org/wiki/Hezbollah


Al Assad is a criminal and people in Syria and any place in the world  have the right to live in freedom peace and dignity, we have a saying that is in this meaning " If people wanted to live they can change their destiny" (bad translation Sad )

things wouldn't look like this If when people started peaceful protest, Al Assad should just know that people doesn't want him and he should just quit, but no he thinks that he owns the country.

3200  Economy / Computer hardware / Re: WTS ASIC BLADE 13gh/s UK STOCK IN HAND on: September 11, 2013, 08:46:40 AM
if it is not less than 3BTC no one is missing out  Grin
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