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1  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: February 11, 2014, 11:13:10 PM
+1 they said they started production 11 days ago... not willing to believe anything anymore while no one receive anything
2  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: February 11, 2014, 12:19:56 AM
+1
3  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: January 30, 2014, 06:46:10 PM
Very good news indeed !

But what about turbo mode and final consumption figures ?
4  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: January 28, 2014, 01:28:08 PM
In my day-job I work as SW-engineer to bring up prototypes, and from there I know that - if time does matter and price does not - 10 days from working prototype to mass production is a good rule-of-thumb.

So that would mean shipping starting in 2 weeks? It would be interesting to see how many people of those who crossed the 61 days delay mark would apply to a refund and how these will be processed.

And for all those acting hysterically, don't forget this couple of things:

1) Lost profits and lost money is two different things. Making money out of thin air (or just electricity in case of bitcoin mining) does not come without risks, and as long as I am not crossing the 61 days delay mark and been refused refunding I would not be particularly worried about my invested money and would not even spend a penny for a lawyer.

2) Hashrate rise is about 1.6% a day right now. Expect 3-4% a day when either bitmine, hashfash, cointerra or any other starts mass production, even more if they end up producing simultaneously. So people making pointless not made profit calculations ending with huge numbers, it is just as ridiculous as considering difficulty was going to stay at low levels when first generation of asics come out.

3) I too paid more bitcoins that I should have and will probably never get back this amount in btc. But I didn't thought that price would rise that fast in November and that keeping my coins to sell them at $1100 would be more profitable. That is just a not optimum choice of investment. I did not had that much fiat available anyway. But I am not even dreaming of getting refunded in bitcoins : its price is too volatile to plan business on keeping money stored as btc. What if when the foundry ask you for several millions dollars, bitcoin just happened to have halved in price ? And when price increased 10 fold, do you really expect them to buy back bitcoins to refund you ? All prices are advertised in fiat and using bitcoin payment services convert btc in fiat. Deal with it. I don't even know why I am wasting my time trying to save yours.


Anyways I hope that we will get full turbo mode as clearly it was so much perceived as a promise that http://mining.thegenesisblock.com/ only has turbo mode values entered as default rig characteristics for profit calculations. Failing to do so would clearly be fucking up customers.
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