Smart man cause by the fall asic gear will be a dime a dozen so to speak.


 I want to see what happens to btc prices along with ltc prices.

 only a crazy person buys one at 2 btc.

  an s-1 was as low as .33 btc after coupon  so 2.5 the hash and the  same power usd means ii is worth  2.5 x .33 = .825 btc

 I figure 1btc is over pricing it just a bit.   Since 2.5 x .4 gets you 1 btc.

  A 600 usd price kills the   AM rk-box

 a 1200 usd price for the s-3 makes the rk-box a steal

The real issue was the s-2 was a stone cold act of overpricing gear.

  Or should I say     "A sucker is born every minute"  P.T. Barnum IIRC


And I purchased   better then any shit corsairs
 500
600 watt gear for my ants.
I have all 750 watt and up gear.

no customs to the usa for this item.

The issued has occurred twice according  BTCGuild and  Eligus pools.

At first I can understand the attacker's motives  would be he did not understand why he could not get blocks via solo mining  so he leached onto big pools to get coins. Not wanting to take a 2 or 3 million usd loss.

  He got caught twice by both pools.

 Now I am not making this up  or  at least those 2 pools have accused a big  miner of the problem.

So a lets be nice and say his gear/software is finally fixed and he just mines for coins and no longer mines with shit gear/bad software.

No worries for all of us  if that is the case. 

  But just remember it was done and can be done again.

  I am fine with the fact that  some big miner has a big cannon he can point at my pool and blast my pool with bad luck.  Do you know why I am fine with that.

 I don't run or own a pool.

  So I can skip around I can be in six pools and I can protect myself in a lot of ways.

 Since the bad luck cannon can't hit every pool at every time.

 I only need put 20% of my hash in 5 pools  and at worse  I get some damage in one pool.


True and real pool owners are the ones at risk since their pool can get shot at and they don't get to jump around or spread the risk of the attack. So good luck to them and I hope then can protect their interests. Find good detection methods of a clever attack like this if indeed it happens to them.

There nothing is better then this right now. 

Bitmaintech will not give this away.  but .9 btc would be really nice.

 I would buy at 1btc

 I would prefer .8 btc----- no shot IMO

I am thinking they sell it in the .95-1.05 btc area.  remember they also say there will be kits for s-1's

yes it will be higher then todays PH.

   An exact number is available for a fee of 100 btc  (just kidding) 


   An exact number is just a guess.

no other gear shows roi in 100 days.

  this roi's in 100 days.  then sell it on ebay or another site your sale proceeds are your profit.


 If it cost 600 usd in 100 days you sell at 300 usd you get  250 usd after fees    your profit is good  you turned  600 usd into 850 usd in 100 days.

not greedy buy for 600 usd now sell on this site for 225 usd in 100 days after shipping your profit is  200    so you turned 600 into 800 in 100 days.

     no gear shows this profit margin as I type other then the s-3

It would be nicely priced if it was 1 btc shipped.  Sell like mad and pretty much bury all competition .

 I get roi at 1 btc since I have the  psu's  in hand . I have a gigabyte switch .  I have a laptop setup with router at .1.  not .0.

  If I have a good one shipped to me it would be mining in under 15 minutes.

roi at 1 btc price  15% diff power at .15 cents a k-watt

Not to worry you are not alone I count 8 or 9 of us. LOL


 Note I am not count my posts here so I am not padding post count.

yeah  psu's mean nothing for me ( as  i have more then 5 idle plat psu's)  but do mean a lot for others.

over-under clocking  is a big factor.

noise level a big factor.

the pi factor  is costly and the corruption of sd cards.

lastly if these s-3's work like s-1's with the simple plug in of an ethernet cord and reset after a blackout they will be a killer.

yeah it was why I did not buy a sp30 or an sp10   also large btc amounts create flags for tax purposes.


I will get a few of these.

I did a long cost analysis  on another thread.

the s-3 is better then the rk-box  at a 100 usd price difference .

but  if the rk-box is 200 less in price it is better then the s-3.

 All based on a 4.5th setup   math is easier

 at a 200 dollar price difference per unit:

  and 20 cents a kwatt it takes 208 days to make up the power savings.  6.24 usd difference in power in a 4.5th setup

 at  a 200 dollar price difference  per unit:

 and 15 cents a kwatt it take  277 days to make up the power savings.   4.68  usd differnece in power in a 4.5th setup

at a 200 dollars price difference per unit :

 and 10 cents a kwatt  it takes 416 days to make up the power savings.  3.12  usd difference in power in a 4.5th setup


So  the s-3 needs to be about 0-50   usd more the the rk-box to truly kill it.  

If it is around 50 -100 more  it is better

If it is 100 to 200 more  the rk-box is not dead.

 

 Waiting for this  new point system to come as I am looking to spend some more on another gridseed blade.  

I am up to 58,000 plus points which means over 5,800usd spent with you.  You have been a good reseller of gridseeds.

Well it will need a big price drop to compete.  

 480/450 =  1.07 watts a hash

390/500 =   .78 watts a hash

    but  if the s-3 sells at 700 usd and the rk-box sells at 500usd      it will take a while for the power savings to make the s-3 the better gear.

some quick math .

   s-3      9 x 500gh = 4500gh     at 700 a pop      9 x 700 = 6300    watts 9 x 390 = 3510 watts

  rk-box  10 x 450 gh = 4500gh  at 500 a pop    10 x 500 = 5000     watts 10 x 480 = 4800 watts

the case above hash is equal     the rk=bx has a 1300 usd price advantage    the s-3 has  a 1300 watt advantage

1300 watts = 1.3 k watts    x 24 hours =   31 k watts  a day  

    at 20 cents that is   6.20 usd a day   so  it takes  200 days for the s-3 to be better if    power is 20 cents a k-watt.

    at 15 cents that is  4.68 usd a day so it take  277 days for the s-3 to be better if power is 15 cents a k-watt.

   at 10 cents that is    3.10 usd a day  so it take 400 days for the s-3 to be better if power is 10 cents a k-watt

  so if the rk-box is 500 usd and the s-3 is 700 usd     you are better off with the rk-box.

right now I have seen the rk-box at 599 from minersource   and not seen a price for the  s-3 .

Frankly  the s-3 appears better but pricing will determine what to buy.  

 Of course if the rk box is crazy loud    or either one works shitty that will be a factor.

 so I see that pricing is very important here.

I will order from them direct as I want a kit and a full model.

  After i do that i will consider what to do next.

I am burning 710 watts for mining mostly gridseed blades at they are cool running gear 85 watts each if you have them hooked to a plat psu.

I will hook one up to the same rig  really looking forward to this gear.

    looks like quite a few of us did 2 or 3 payment requests.   this has to have held things up a bit.

I think this will get fixed soon and all we be much easier next month.

Yeah I have 1.6th

 so a hash boost is coming in house for me.

yes is has been for a while.


To bitmaintech  I purchased 11 or 12 s-1s from you.

  all were good  fast shipping they worked etc.

I would want some upgrade kits 2 or 3.  maybe more.  I would also want at least 1 full s-3.

 My question is  do we get  any coupons since we purchased a lot of s-1s direct from you.

   I would think an updated listed would slow down any more pm's   /  Maybe squeeze it into the 1 post of the thread and also put it at the end of the thread.

  I am decent with instructions and made an effort to follow them .  Yet I managed to request payment twice and I am still not sure if I am enrolled correctly. So far  I have resisted sending any pm's.

the sp30 will be better per watt and for some will be the correct purchase.  but if you own s-1's and are stilling running them the upgrade kit will be better if priced correctly.

I am glad
a ) I kept a few under clocked/undervolted s-1's
b ) I did not buy an s-2
c) I waited on an rx-box it morphed into an rk-box and looks like a lame duck item.

I am looking forward to the launch of these.

They only need to match the price for the rk-box       which is 599 usd

Their gear clearly bitch slaps the 450GH 480watt RK box


They did this to the ice fury and red fury usb sticks  last december.

the fury sticks were late to market  ant miners u-1 sticks were a far better price and  the fury sticks ended up being a bad buy.

I am not sure if the gear will work like it says it does but it is better then the sp10 if it does.    an sp10 can get 1th at 700-720 watts     really loud

so if this does 505gh at 390 watts .  it will be a beast.   if the upgrade kit is priced right  the s-1 upgrades will sell like mad.