Group Buy - Innosillicon A5 Dashminer

[QuintLeo]

What bothers me with this miner is Innosilicon has a history of overstating specs like with A4 they said 800 mhs by the time they shipped miner was 276 mhs . This sale is being kept open for days so it looks like they are going to build first batch per orders received not a limited quantity so shipping will definitely be pushed back for many buyers. Ibelnk and bitmain will already be hashing by the time the A5 ships out meaning harder to ROI for A5 owners. Too many variables makes this a risky investment.

Yea..AND too many HW error (with A2/A4 i have) but with bitmain my L3+ is having 0 (ZEROOOO) HW  

 Odd, I've not seen a significant count of hardware errors on my A2 units, but I do remember seeing a similar count on my S5 units.

 Perhaps you're pushing your units too hard, or not keeping them cool enough?



 I suspect Innosilicon is going to HAVE to drop the price on the A5 down to more like $6-$7k range pretty quickly if they expect to sell a significant number of them - even if they DO hit their stated specifications closely.

[btcapollo]

Even at MOQ 1, $10k is still too steep of a price for the miner.

[donationbox]

Why would anyone buy A5 over D3?  Compared to D3, A5 shows much less hashrate/$.  If one were to buy X11 miner, seems like D3 is a better choice unless electricity is very expensive (should not really be mining with high elec anyway).  Am I missing something?

[ekrififi]

Why would anyone buy A5 over D3?  Compared to D3, A5 shows much less hashrate/$.  If one were to buy X11 miner, seems like D3 is a better choice unless electricity is very expensive (should not really be mining with high elec anyway).  Am I missing something?

You are not really missing anything... I mean for less than 10k, you COULD hypothetically buy 3 D3s, with a 45 GH/s hashrate...

The only thing in the pro Innosillicon column (besides wattage) is that the D3s are currently sold out.. Of course this will change, but the last batch sold out quickly. If the next batch sells out as quickly as the last batch, you may not get an opportunity #birdinhand #mootpoint

Also, there's no gaurantee the price will remain the same the next go around...
But all that's probably not worth the premium. Just thinking out loud...

[Eyedol-X]

Even though the MOQ is down to 1, Inno seems desperate to sell. Any chance you guys will be able to get a group discount? Id be interested in 1 if they can get the price down to $6-7k

They are desperate to sell at this premium price.

They know it will not last.

[CloudbaseJ]

if the group discount happens then I'm interested in 1 to the UK if it has the CE approval.
The calculators are suggesting $500 profit a day! This can't be true, right?

[ekrififi]

if the group discount happens then I'm interested in 1 to the UK if it has the CE approval.
The calculators are suggesting $500 profit a day! This can't be true, right?

Yes and no. Basically, if YOU had one right now, but NOBODY else had one, then yes, it would yield about $500 a dY in Dash...

BUT that's not how it works. Asic manufacturers (in a crazy scheme to make a profit) produce and sell MORE than one ASIC at a time... More like thousands of ASICs are built, sold and shipped at a time. When a new, more powerful ASIC hits a blockchain, the increased hashpower increases the difficulty. This increase in difficulty lowers the payouts, and on and on it goes.

In this case, you don't just have this one model hitting the market, but also new models from other companies (most notably Bitmain's D3). I believe some of these machines, like Ibelink's DM11G, are already being mined by the ASIC manufacturers before they ship. This would explain the sudden astronomical increase in the Dash network hashrate.

If DASH continues to climb in price, which it may, then the price of Dash would compensate for the increase in difficulty + drop in payouts.

Hope that helped

[CloudbaseJ]

Excellent reply, thank you.

[Longsnowsm]

Inno replied on the idea of a large volume purchase.  

100units can enjoy $9285 per unit, with PSU included. And if you guys can pay before 25th, July, we will reward an extra 10 miners to you in Nov.

They also stated that they really view the A5 as a 38gh miner with the overclock mode.  So that would have to be taken into any cost per GH calculations.  

Still at that price point it may be hard to get a 100 unit order.  So you guys speak up and if you want to try for the 100 unit order.  Not much of a discount.  Not sure how the 10 free miners would be addressed other than maybe sell them and divide the proceeds among the buyers.  

So that is the situation at the moment.

[wheelz1200]

At that price point im out.  Will stick with the d3s, less risk with the unknown amount of diff spike we will see.  Thanks for the thread and good luck with the group buy long.

[cashen]

Inno replied on the idea of a large volume purchase.  

100units can enjoy $9285 per unit, with PSU included. And if you guys can pay before 25th, July, we will reward an extra 10 miners to you in Nov.

They also stated that they really view the A5 as a 38gh miner with the overclock mode.  So that would have to be taken into any cost per GH calculations.  

Still at that price point it may be hard to get a 100 unit order.  So you guys speak up and if you want to try for the 100 unit order.  Not much of a discount.  Not sure how the 10 free miners would be addressed other than maybe sell them and divide the proceeds among the buyers.  

So that is the situation at the moment.

Completely agree. I would counter offer at $7K.

The other issue is delivery date.


the 10 "free" miners would be in NOV? what idiots.

[cashen]

This is what they currently have on their site.... morons. And they want me to give them 10K when they cant even get a website correct?

[cashen]

This is way too late..... almost 30 days after the D3....

I think i'm dropping my max to $4K-$5k.

[kodokbuduk]

This is way too late..... almost 30 days after the D3....

I think i'm dropping my max to $4K-$5k.

yea thats what i thought. it will be hot cakes if price $4-5k

[QuintLeo]

This is what they currently have on their site.... morons. And they want me to give them 10K when they cant even get a website correct?

 They fixed that - somewhat - but as of a minute ago they are STILL only quoting Bitcoin at $2370.

 $4-$5k would be TOO low compared to the D3 if both units hit their stated specs.

[btcapollo]

This is what they currently have on their site.... morons. And they want me to give them 10K when they cant even get a website correct?

Are they trying to make money on the product, exchange rate or both? When did Inno become a FX trading company?

[kritment]

Yes you are right, there difference between usd and BTC is over 6%
Innosillicon I have major trust issues with you now

[Searing]

I lost track..

when were these units supposed to ship?

I realize deadlines can slip

but curious

thanks

[kimmy724]

I lost track..

when were these units supposed to ship?

I realize deadlines can slip

but curious

thanks

Well  I saw a screen shot above that says shipping from factory on Oct 2017  and in my opinion with a 10,000 usd at stake, you will miss a lot of opportunity to gain with that amount.

[Searing]

I lost track..

when were these units supposed to ship?

I realize deadlines can slip

but curious

thanks

Well  I saw a screen shot above that says shipping from factory on Oct 2017  and in my opinion with a 10,000 usd at stake, you will miss a lot of opportunity to gain with that amount.

I have 'dubious' motives I have ONE Bitmain D3+ 15gh miner supposedly shipping Sept 15th.....(just got one with diff rise not brave at all...coward that I am)

So I guess....I'll be hoping for Bitmain's deadline to stick and Innsolicon's deadline to slip...

silly hobby