A less crappy pricing model, at least for the upperbound, is "how much does this cost to make? Let's add a bit of margin so we can keep the lights on and pay someone to design new stuff" instead of "how much does this cost to make? How much profit can we possibly wrangle from our customer base before they refuse to buy any more?" I don't have the nards to look my customers in the eyes while adding an extra 30% profit margin onto my products just because they have nowhere else to buy from. I think that's called "abuse".
It works both ways though, no one complains if/when Bitmain sells at a loss when conditions are bad. I thought that the customer was always right?  |
|
|
|
Was the first block # 180 our first orphan to date? I noticed it was crossed out  Edit: Also Block! |
|
|
|
|
Well with CITM throwing in the towel it seems this is most likely dead. It is a shame they could not have just shutdown in a more graceful manner. Goodnight, sweet price
|
|
|
|
|
How many hours and TB's have been written to that older SSD? Can you test it and let me know results? I am possibly interested if it has not been used too badly.
|
|
|
|
Well they are the only game in town these days so they can raise prices all they like. We have no other miners to buy that have any chance of a positive ROI. |
|
|
|
|
I would highly recommend not investing into scrypt mining these days! I recently decided to switch back to SHA256 mining. The profits are worse on the scrypt side. Also nothing shipping is over 500MH.
|
|
|
|
|
So will Spondoolies not be releasing a new home miner for quite a while? I guess we are stuck with Bitmain and their price gouging? I would love to buy something larger like the SP31, but do not have the electrical setup for that. I really do not like how Bitmain jacked up prices and added in pre orders. SP please save us!!
|
|
|
|
|
The real holders are screwed since they have no way to sell. They are true bag holders in this scam.
|
|
|
|
|
I am disappointed in the price hike, but not surprised. Honestly the ratings do not matter anymore since only Bitmain is going to be selling to us home miners. From what I read Spondoolies is not going to sell home gear?
|
|
|
|
|
I am not sure why, but Armory will show inaccurate balances for me if I leave it open for a week or 2 at a time. I do a re scan of databases and then let it go (takes 1 hour) then it shows correct balances again.
Armory : 0.29.3=Beta
Core .0.9.3
Windows 7 x64
Just wondering if this is known to happen often or it is something else.
|
|
|
|
SPT had exactly one product which wasn't specifically designed for a datacenter environment, and Bitmain price-hammered them so much they couldn't sell it except at a loss.
Additionally, anyone complaining that Bitmain price-hiked their machines by $100 in one day has good reason to do so because now they know full well that Bitmain has no qualms about letting people know they're being screwed. Sure the price of coin is swinging up on the news that their competition won't be delivering. That means the miner is expected to be more profitable for purchasers to mine on. But it also means that Bitmain themselves, fully capable of making positive margin at $320 per unit or they wouldn't be selling at all, are really in the mood to make another $100 profit per unit just because they can. Pretty dickish. Bitmain has good gear, sure, but that's crap and everyone knows it.
It is for the same reason we mine ~ greed ~ plain and simple. What else would you expect from a company who is out to make a profit? Bitmain is the only game in town now so they will bend us over as much as they can. |
|
|
|
...We will have our lawyers there in Shenzhen doing it properly...
No. You will talk about it, you will try to get others to do it, you might even start a chat room or irc chan, hell you might even use TorChat with The Dome Of Silence, but you will not have your lawyer (lol, missed the plural, your lawyerS  ) "there in Shenzhen doing it properly." You ain't even got *one*  I would have to agree that he will not get them sued. I would guess it would cost more than his investment to even try. |
|
|
|
We do not need to ask the Chinese state for anything. We will have our lawyers there in Shenzhen doing it properly.
Of course international fraud with use of bitcoin by one of the world leading producers is something that may interest Chinese officials... there are many possible scenarios. I think we may recover and rack the costs on them.
You really think that you have any chance of recovering funds from this? I think they will laugh when you try to sue a guy named FriedCat who is supposedly kidnapped. I applaud the effort if you really try to get them for scamming, but China is not exactly the easiest place to stop fraud. |
|
|
|
Looks like enough to go and sit on the beach and ignore the forums. Also Bitmain pulled a dick move raising prices. It is a shame only the Chinese make miners these days. Who would ever trust China for anything |
|
|
|
Hashie had great communication till the day they turned to scam.
They also had some music writing skills . I am really not sure what to make of this mess if FC is kidnapped or just bailed. I think that either way the people invest into ASIC Miner are screwed though. Someone mentioned that he/she knows where FC is and that he's doing fine. I will believe it when he posts here then  |
|
|
|
I am sure Bitmain will make the upgrade kits, but will they be priced well enough to be worth it? I am really doubting they will make it a very good deal for us |
|
|
|
The answer is quite simple: Whatever one you can buy for the cheapest price per GH.
Actually quite more to it than that. If you went by that remark, then you could buy an Antminer S1 for $20 with 200GH/s. Which wouldn't make sense because of the huge power usage, noise and heat they generate. Just for example.  Read the topic.. S5 versus SP20. Where does an S1 come into this at all? Both miners are newer generation and will under clock well for more efficiency. I would base my decision between them on purchase price. |
|
|
|
Hashie had great communication till the day they turned to scam.
They also had some music writing skills . I am really not sure what to make of this mess if FC is kidnapped or just bailed. I think that either way the people invest into ASIC Miner are screwed though. |
|
|
|
|
The answer is quite simple: Whatever one you can buy for the cheapest price per GH.
|
|
|
|
|
Show Posts
