B-Eleven sha-256 ASIC miner

[RichBC]

So likely they have extremely cheap electricity which would make sense.  And once they get a better batch of chips I suspect likely it's a easy switch to put new chips in.

It may of course not be their electricity cost, but the Hash Investment carries a charge of 0.5 CNY/KWh which is about 8 Cents. So far from Cheap?

Rich

[BitcoinNewsMagazine]

So likely they have extremely cheap electricity which would make sense.  And once they get a better batch of chips I suspect likely it's a easy switch to put new chips in.

It may of course not be their electricity cost, but the Hash Investment carries a charge of 0.5 CNY/KWh which is about 8 Cents. So far from Cheap?

Rich

Same thing with Hashnest. They profit by obtaining cheap power then charging customers over 8 cents per kWh.

[notlist3d]

So likely they have extremely cheap electricity which would make sense.  And once they get a better batch of chips I suspect likely it's a easy switch to put new chips in.

It may of course not be their electricity cost, but the Hash Investment carries a charge of 0.5 CNY/KWh which is about 8 Cents. So far from Cheap?

Rich

Same thing with Hashnest. They profit by obtaining cheap power then charging customers over 8 cents per kWh.

I agree they charge customer far above what they actually pay I think.  I am willing to bet they pay a few cent's..... and charge customer that 8 cent's.  Makes for extra profit for them.

There is no way hashnest pay's 8 cents even after cooling and everything.  They are well below it (I suspect at least in China mines).

[alienesb]

So likely they have extremely cheap electricity which would make sense.  And once they get a better batch of chips I suspect likely it's a easy switch to put new chips in.

It may of course not be their electricity cost, but the Hash Investment carries a charge of 0.5 CNY/KWh which is about 8 Cents. So far from Cheap?

Rich

Same thing with Hashnest. They profit by obtaining cheap power then charging customers over 8 cents per kWh.

I agree they charge customer far above what they actually pay I think.  I am willing to bet they pay a few cent's..... and charge customer that 8 cent's.  Makes for extra profit for them.

There is no way hashnest pay's 8 cents even after cooling and everything.  They are well below it (I suspect at least in China mines).

Yeah no doubt about it, that's where their money really comes from.

[notlist3d]

So likely they have extremely cheap electricity which would make sense.  And once they get a better batch of chips I suspect likely it's a easy switch to put new chips in.

It may of course not be their electricity cost, but the Hash Investment carries a charge of 0.5 CNY/KWh which is about 8 Cents. So far from Cheap?

Rich

Same thing with Hashnest. They profit by obtaining cheap power then charging customers over 8 cents per kWh.

I agree they charge customer far above what they actually pay I think.  I am willing to bet they pay a few cent's..... and charge customer that 8 cent's.  Makes for extra profit for them.

There is no way hashnest pay's 8 cents even after cooling and everything.  They are well below it (I suspect at least in China mines).

Yeah no doubt about it, that's where their money really comes from.

If they would charge us what they get I suspect we would have a lot better chance of profit.   Cloud mining at maybe 2 cents or so of cost.... now that sounds like a pretty attractive investment to me.

But I don't see them ever sharing cheap electricity sadly.  They will keep that internal, and in some places I really don't think 1-2 cents is crazy with usage they provide.  I think they have some pretty amazing deals (this is all speculation).

[RichBC]

Not B11 but BW have just put up for sale some used mining equipment. Unfortunately it's a graphic so cannot translate, but I guess it's indicative of things moving on.





I assume these are what were known as B1 & B9?



Rich

[mavericklm]

Looks like prisma and dragon

[dogie]

Looks like prisma and dragon

It is... He said it was old used equipment.

[notlist3d]

Looks like prisma and dragon

It is... He said it was old used equipment.

That 1.5T dragon is a HEAVY miner to.  It was in 40-50 pound range if I remember right.  I think shipping of them is going to be a little hard.  I selling that one and after was like ohhh crap this is heavier then I remember.

Are they selling in bulk? Or just single units?  I'm surprised if they are interested in spending time selling old gear 1 by 1.  The good news... maybe they are closer to spec on B11 and making room.

[HagssFIN]

I was curious about the new miner, so I asked BW about it via e-mail.
And I even got a response pretty quickly.  

  (click on thumbnail)

Response:
Yes of course. the general release of the new miner is sure to be, but the timing is not yet known exactly.
Our staffer, who deals with these issues now is not in the office.
as will appear more detailed information about it we will tell you, the main thing that you reminded about it in advance

Original message:
Hi! Is BW going to make a general release of the newest (14nm?) miner like
Bitmain has made with Antminer S7 and Canaan Creative has done with Avalon6?
Seems like it would perform more efficiently than these miners above, which
would be great news for miners.

[RichBC]

I was curious about the new miner, so I asked BW about it via e-mail.
And I even got a response pretty quickly.  

  (click on thumbnail)

Response:
Yes of course. the general release of the new miner is sure to be, but the timing is not yet known exactly.
Our staffer, who deals with these issues now is not in the office.
as will appear more detailed information about it we will tell you, the main thing that you reminded about it in advance

Original message:
Hi! Is BW going to make a general release of the newest (14nm?) miner like
Bitmain has made with Antminer S7 and Canaan Creative has done with Avalon6?
Seems like it would perform more efficiently than these miners above, which
would be great news for miners.

Good to get a reply, even if it does not say much.... 

Rich

[HagssFIN]

I was curious about the new miner, so I asked BW about it via e-mail.
And I even got a response pretty quickly.  

..........

Good to get a reply, even if it does not say much.... 

Rich

Yeah. They are up to it, but they don't promise any schedule yet 

[notlist3d]

I was curious about the new miner, so I asked BW about it via e-mail.
And I even got a response pretty quickly.  

..........

Good to get a reply, even if it does not say much.... 

Rich

Yeah. They are up to it, but they don't promise any schedule yet 

But the good thing is it seems they did not say ohhh no home/hobby miner.  I think this will be a next gen that us normal people can get.  Which is great I think for us.

I hope we see one some with great specs....  but I will settle for them selling to home/hobby even if it takes longer .

[wlefever]

They said the same thing when I emailed at the end of December. They're mining in house and will release the miner to the public when it's just about obsolete for most people IMO.