Well if that is the case from the above I stand corrected...but they said 'bulk orders' in the above so usually that means 'a piece' then they hit you with the
amount you have to buy in bulk to get that price (or not)

I really doubt you are gonna get 333 usb miners for $289.71 usd it would be nice 1PH for $289.71. But again they are talking about 'miners' not 'chips' so
I think my price is correct on the above

(Never wanted to be more wrong in my life ..so if so ...point it out)

yeah point to you .i inferred that it would be a usb stick with the values they can get from 14nm..but it would not have to be such.

I stand corrected. But I think it likely as a 'consumer product' at that speed and electric use.

Also it is the 333 miners they talk about 1PH for that price. I mean really? They would have to be imho usb sticks even if you got 333 of them at that price.
Still IMHO the price is PER miner. So a bulk order would be at 333 miners (sticks or whaever) approx at 231.00 usd $76,923.00 usd or so. The sSondoolies
SP50 data hall commercial product they likely will get out in a month or so if not sooner (or at least to their data hall) is 110TH for prob about 40 to 50k imho.

If these are usb sticks and my guess on the spondoolies sp50 110 TH unit is correct. Then we are looking at Winter 2016....so....anyway my view....

Just don't see it. Still see this as a USB stick gimmick to move a few and show off the flagship product 14nm chip to the masses in very small quanties.

The will use this as you state (chips) big massive (at cost) (cheap elec in china) data hall.What they sell here (imho usb sticks) for that price per miner
is simply to wave the corp flag.

Then again I really, really want to be wrong on this. But I doubt it

It is all gonna going to (or mostly) their data hall imho. The usb stick announce above is just to get the word out on their product. It is a gimmick. The big money will
be made internally with these chips (at cost) with cheap electric in china.

I'm looking at getting one of these atm, do you think they will ever release upgrade packs like bitmain for these in the future? Seems like a great rig to waste in the future.

download everything on a isolated envyroment, i have a vm for this, you can reduce the risk by a lot

i don't even trust bitcoin.org anymore, which is the official website, or use safebox which i think it's even stronger than a vm

Hello,

Thanks for your posts. So to sum up: if one doesn't take into consideration electricity, the U3 has a better ratio: Hash rates/price of the set. Would it be reasonable to think that 1 U3 = 4 compacts ? However, i looks as if the power consumption of 4 compacts is inferior to one U3. Am i right?

I didn't get any answer from Sidehack yet, but here is the answer of Asicpuppy (the other us store selling the compact):

"Yes, I’ve got a good amount in stock. I have raspberry pi model B’s and cubie controllers pre set up for mining with the compac. Software-wise, the Compac is supported by bfgminer and custom builds of cgminer."

Btw, if somenone could explain me in a few words what a "zombie" is  

Cheers,

Jeff.

Seems shady, a ponzi scheme doesnt have to be a 2-3 month duration adventure with 500% daily gains.

It can be a 50 year old scheme with 2% gains/month. Ask Madoff, he knows how to operate one for 30+ years

Now I`m not saying they are a ponzi, but it certainly raises suspicion.

i doubt he need a government contract, he just need a good electricity contract, if he is not running his electricity with his own method like solar panel and akin

the remaining stuf are just asic

Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle)

Info on BW company itself


https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310

on the supposed 14nm product

https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227



from the above

quote


Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016.
“The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.”

According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V.

end quote

So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick!

Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed!

But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY!
..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile

but toys be toys I guess.

Sidehack sales thread here

https://bitcointalk.org/index.php?topic=1126705.0 

I can't imagine anyone pre-ordering gear at this point with just renderings.  And it's a crazy quantity to buy looks like they are shooting for data centers as first customers with the amount.

I am hoping we see sales a lot different after it launches and they fill their data centers up.

i think the s7 is more meant to be used for a short time and sold, again few week month later, so you can cut the long roi, more than the other miners

while taking advantage of its efficiency, if you can selle later, there is no need to worry about the initial price invested

No offense but have you actually read the topic before replying? You've not given any new advice at all. Everything you posted was already suggested earlier and the op stated they followed those instructions already.

You didn't just post to increase your post count for your sig campaigns, did you?

Group buys carry some risk. Pre-orders carry risk. Put the two together, and the probability of failure just goes too high for me. I been in a couple and the best outcome was a small profit, only because we were able to sell the hardware to somebody else at a profit.

it's very possible you can read all post above
you can choose 1 way of all tips to make untraceable transaction

In my country the fine for manipulating your electricity meter used to be about 200$ (i dont know the current fine), or in larger (industrial scale) theft cases 3 months prison.

The electricity costs about 100$ for a normal household.

Thus if people bribe police (which they do), and can get away for 2-3 years, then it's cost effective to do so.

You dont pay for 2 years, that is 2400$ saved and then pay a fine of 200$.

__________________

I think they made the fine bigger by now, but many people did this here. I never did , plus I live in a rent so I cannot do it anyway, but many of the ex neighbors where I lived in the past did it, and got away with it.

I dont know in what country you live man, but there is big corruption in the world , that you cant even imagine.

For Anyone Developing Solar Powered Mining Hardware
https://bitcointalk.org/index.php?topic=1214592.0

I used to use cex.io for cloudmining too, back when it was profitable but after they stopped their cloudmining service, I have not yet seen any place that is legit (not scam) or even profitable.
I think the only way that cloudmining can become profitable again is that if bitcoin price goes at last to $400.

so my sept 29th batch 2 order was marked shipped by bitmaintech 10 days ago.

no sign of it no label no nothing.

has anyone got a batch 2 order with a shipping label number? and not just marked shipped.

Would have proffered it to not getting marked at all rathe then if being marked and then not shipped.

Well my batch one is chugging along nicely.

I get under .24 watts a gh with my plat psu so no complaints.

we could try this down the road.  maybe a 24 hour overclock contest.

have to think how to set it up.

if you put  everything else   on donation

and you contest stick on  stick.

we call up the share counter at 12 noon say on Nov 15th to 16th    check it 1 day later. cryptoglance program can do that easy.

we would need a screen shot  the hashing at your setup and of the stick.

the screen shot needs to show your start time and what freq is

*made smaller quote was getting huge.

Well the question becomes, why are you mixing your coins if you don't want to remain somewhat private in how you are handling your Bitcoins?  Did you just commit a crime?  The answer I hope would be, of course not, but then again none of this should matter to anyone.

Monero proposes an idea of issuing a currency that can be completely anonymous if the person wants to be, and also be completely transparent if need be as well.  You can provide view and amount keys to auditors if you run a business accepting monero, that's the beauty of what they are trying to do.  Bitcoin was meant to be digital "cash", and it has failed to be that... you can easily trace any transactions to anyone, when it should be none of that person's business.

Don't get me wrong... I completely understand what you're saying about holding bitcoin for potential increase in value.  But I hold a little XMR on the side as well, because I believe in what it is trying to accomplish.

Edit: you should probably see "why privacy matters" too... it doesn't mean that you only have to be private if you are committing a crime, so to speak. Your business should be your business... end of story.