mdude77
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Activity: 1540
Merit: 1001
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May 12, 2013, 10:41:19 AM |
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I mean from my perspective - I'd make more money buying a bunch of 7970s and reselling them for 75% of purchase price in a couple months.
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Can you really get 75% from a mined out vid card? That's an honest question, actually, since I simply don't know. After seeing how miners run these things I would not touch one with a 10' pole as a buyer for actually running a monitor. As for mining, it seems GPU mining is going the way of the waterbuffalo even at today's BTC prices. I suppose there are always alt coins, but still I just cannot wrap my head around someone paying 75%. I've sold used 7970s for anything from 300 to 350. That's not when "everyone is selling" them though. I think the key thing here is power usage. If you have expensive electricity, these will pay for themselves quickly if you swap em with your 7970s. And they'll generate profit longer. However, once difficulty gets really really high, you'll be stuck with unsellable items. Your call as to whether that works for you or not. M |
I mine at Kano's Pool because it pays the best and is completely transparent! Come join me! |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Amph
Legendary
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Activity: 3206
Merit: 1069
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May 12, 2013, 09:16:54 PM |
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a 7970 mining + reselling pay for itself in 2 months(you even make profit lol), much faster than anything else, right now
the math
buy at 400, mine for two months=220(minus 120 bills), sell at =350
total=450
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oaxaca
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May 13, 2013, 06:37:58 AM |
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My ASICMINER USB Erupter showed up about an hour ago. Been playing with the Icarus timing settings still not quite got it right yet. Obviously yes I'm getting around 300MH/s out of it. Currently best settings are for anyone wondering while I sort it out: --icarus-options 115200:2:1 --icarus-timing short A pic or 2  Click for bigger   Edit: the USB chip is: ID 10c4:ea60 Cygnal Integrated Products, Inc. CP210x UART Bridge / myAVR mySmartUSB light Step right up and get your sticks... |
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Tranz
Legendary
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Activity: 1540
Merit: 1052
May the force bit with you.
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May 13, 2013, 11:34:49 PM |
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I am interested in this as well. At least one, maybe up to 5. I'll have to buy some BTC.
Question? After you order what is the time to ship? Are we looking at weeks or months to I get this in my grubby little hand?
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CanaryInTheMine (OP)
Donator
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Activity: 2352
Merit: 1060
between a rock and a block!
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May 13, 2013, 11:42:01 PM
Last edit: May 13, 2013, 11:59:03 PM by CanaryInTheMine |
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I am interested in this as well. At least one, maybe up to 5. I'll have to buy some BTC.
Question? After you order what is the time to ship? Are we looking at weeks or months to I get this in my grubby little hand?
I intend to get these out to people no longer than 1 day after I receive them. I'm going to have everything ready as far as labels and boxes and packaging material and will be ready to ship immediately upon receipt from ASCIMiner. For example, if the delivery gets here in the AM, I have till 7 PM to ship as many as I can that same day. if the shipment gets here in the afternoon, I'll probably finish shipping the next day. I will have help to repackage and ship out so this won't be a 1 man operation. |
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Tranz
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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May 13, 2013, 11:48:37 PM |
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I am interested in this as well. At least one, maybe up to 5. I'll have to buy some BTC.
Question? After you order what is the time to ship? Are we looking at weeks or months to I get this in my grubby little hand?
I intend to get these out to people no longer than 1 day after I receive them. I'm going to have everything ready as far as labels and boxes and packaging material and will be ready to ship immediately upon receipt from Avalon. For example, if the delivery gets here in the AM, I have till 7 PM to ship as many as I can that same day. if the shipment gets here in the afternoon, I'll probably finish shipping the next day. I will have help to repackage and ship out so this won't be a 1 man operation. Great! You did say Avalon though? My question was more about ASCIMiner, I didn't see what their projected ship date is? Do you happen to know? |
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CanaryInTheMine (OP)
Donator
Legendary
Offline
Activity: 2352
Merit: 1060
between a rock and a block!
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May 13, 2013, 11:59:44 PM |
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I am interested in this as well. At least one, maybe up to 5. I'll have to buy some BTC.
Question? After you order what is the time to ship? Are we looking at weeks or months to I get this in my grubby little hand?
I intend to get these out to people no longer than 1 day after I receive them. I'm going to have everything ready as far as labels and boxes and packaging material and will be ready to ship immediately upon receipt from Avalon ASCIMiner. For example, if the delivery gets here in the AM, I have till 7 PM to ship as many as I can that same day. if the shipment gets here in the afternoon, I'll probably finish shipping the next day. I will have help to repackage and ship out so this won't be a 1 man operation. Great! You did say Avalon though? My question was more about ASCIMiner, I didn't see what their projected ship date is? Do you happen to know? typo. fixed. |
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DBG
Member
Offline
Activity: 119
Merit: 100
Digital Illustrator + Software/Hardware Developer
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May 14, 2013, 12:30:41 AM |
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Damn, I was totally ready to pony up BTC10.1748 for 5 Avalons, lol  . I wish more people would get in on this, I don't think I'm holding up sales by not chipping in my BTC to buy 1 unit, however I am on a fundraising binge and hopefully will be able to stack another 10 - 20 orders on to the unit (I don't know if demand wasn't high enough or if people just don't like paying for products upfront via non-escrow means, feel free to leave a comment if you have passed over this group buy for any reason other than lack of funds). Currently I'm selling some coding/illustration services in preparation of E3 (in many circles this is known as the "1 month scramble"... it's also known by other terms but they are rather crude; keep BCT clean!  ) to some companies/developers/friends/etc. While they would almost never consider paying me $2,400 in fiat US currency to help in adding details to an existing illustrated cardboard stand (one of my assignments), if they have been involved with Bitcoin for a while - which a surprising number of game developers are - then BTC20 doesn't seem like much if it saves them a few days worth of work, especially if they have 20 - 30 other tasks they need to get done. Good luck Tranz and I'll try to get the word out to the adafruit community as well as a few of the good hackerspaces in the D.C. Metro Area (okay there are only two good ones and you know who you are  ). Until then, gf just got out of the shower so now it's my turn to rinse off before we go out to complete our day off together with movie then dinner (didn't really know what to see so we picked "Iron Man 3" as it seemed to be the best movie out that we hadn't seen yet). She doesn't know this but I made reservations for Flemming's in Baltimore a few weeks back... I've been to a few of their locations, each time I've had the best steak ever. I don't want to start a food war over who makes the best steaks but if you are in the U.S. I highly suggest you check out their locations and at least eat there once. Oops, movie is starting in 45mins, better scoot! |
Bitcoin - 3DTcMYT8SmRw4o4Lbq9cvm71YaUtVuNn29
Litecoin - MAoFYsBf7BzeK86gg6WRqzFncfwWnoYZet
/* Coins are never required but always appreciated if feeling generous! */
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tempestb
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May 14, 2013, 03:54:10 AM |
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tempestb; 1; 2.2148
Sender: 15V96ct1qcy8sVE9GxEpWzwDVwdKf6JnDU
Transaction ID: 4385dca477511f1b64486eff02306fdfa7dbf0a4c695387cb4f698ed7f426756
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1D7JwRnoungL1YQy7sJMsqmA8BHkPcKGDJ
We mine as we dream... Alone
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CanaryInTheMine (OP)
Donator
Legendary
Offline
Activity: 2352
Merit: 1060
between a rock and a block!
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May 14, 2013, 08:39:37 AM |
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I've received payment for 5 items, but not yet sure who it's from... please PM me.
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crazyates
Legendary
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Activity: 952
Merit: 1000
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May 14, 2013, 04:30:09 PM |
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I've received payment for 5 items, but not yet sure who it's from... please PM me.
If no one claims them, I'll take them off your hands for you.  |
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FloridaBear
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May 14, 2013, 10:42:09 PM |
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Please look at the following chart: http://bitcoin.sipa.be/growth.pngIf you believe the blue line will average under 0.65, these will pay for themselves. Over 0.65, they will not. Personally, I think the blue line will be 1%+ for the foreseeable future. I believe it is unlikely these will ever return much over 1 BTC. |
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ik2013
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May 14, 2013, 10:58:40 PM |
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Committed to buying 4 just getting the coin ready
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redcomet
Newbie
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Activity: 52
Merit: 0
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May 15, 2013, 04:17:54 AM |
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More people should jump on this. I do wish ASICMINER lowered the price a bit however. I don't think people realize that as difficulty shoots higher and higher gpu miners are going to leave. The fastest hashes/sec from https://en.bitcoin.it/wiki/Mining_hardware_comparison is 2130 mh/s. If difficulty grows to 35m or so are they really going to run 6 cards all day for ฿0.03 ? I don't think difficulty will go much higher than 35m for that reason, using 10 of these USB devices at that difficulty we get ฿1.31 a month at a FRACTION of the energy cost - the device will pay for itself, I don't see how there is any doubt about that. Get an ASIC while you can - hell, get 10 and be mining with the force of 7 5850s by the end of month. |
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ik2013
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May 15, 2013, 04:55:43 AM |
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I fully agree RedComet, I think the doubters fail to realize the power savings. I've seen a lot of "X card does twice the hash for the same price" with no consideration of the PC you need to place the card in, and all the power draw that comes with it. My plan is to use a raspberry pi, providing I can get cgminer to play nice with both the Rpi and the ASICs. If the Rpi is too expensive I've seen people running cgminer on DDWRT-based routers (and those are as cheap as $20 on ebay if you can wait for the slow-boat-from-china-shipping.
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gjpminingco
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May 15, 2013, 06:40:37 AM |
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I fully agree RedComet, I think the doubters fail to realize the power savings. I've seen a lot of "X card does twice the hash for the same price" with no consideration of the PC you need to place the card in, and all the power draw that comes with it. My plan is to use a raspberry pi, providing I can get cgminer to play nice with both the Rpi and the ASICs. If the Rpi is too expensive I've seen people running cgminer on DDWRT-based routers (and those are as cheap as $20 on ebay if you can wait for the slow-boat-from-china-shipping.
Where have you seen people running cgminer on a router running DD-WRT?  ?? I have one of them if you wanna buy it? ? ? ? ? ? LoL |
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gjpminingco
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May 16, 2013, 02:40:11 AM |
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I would like to know if i wanted to buy 200 of the 250 or so left would special pricing be given as i am looking into this for our mining farm
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CanaryInTheMine (OP)
Donator
Legendary
Offline
Activity: 2352
Merit: 1060
between a rock and a block!
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May 16, 2013, 02:48:15 AM |
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I would like to know if i wanted to buy 200 of the 250 or so left would special pricing be given as i am looking into this for our mining farm
I'm committed to getting this order in, so Yes, special pricing: BTC 1.99*200 + $23K of insurance is $46 so 46/115= .4 BTC + ~$100 shipping (next day fedex this is approximate since I don't know the final weight) = .87 BTC + 1.99 BTC for my efforts (equal to 1 stick for me). Fair? |
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gjpminingco
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May 16, 2013, 03:00:13 AM |
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I would like to know if i wanted to buy 200 of the 250 or so left would special pricing be given as i am looking into this for our mining farm
I'm committed to getting this order in, so Yes, special pricing: BTC 1.99*200 + $23K of insurance is $46 so 46/115= .4 BTC + ~$100 shipping (next day fedex this is approximate since I don't know the final weight) = .87 BTC + 1.99 BTC for my efforts (equal to 1 stick for me). Fair? So what would the total be? |
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