Bitcoin Forum
March 29, 2017, 05:37:19 AM *
News: Latest stable version of Bitcoin Core: 0.14.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 »  All
  Print  
Author Topic: ASICMINER Blade Sales [Temporarily Out of Stock]  (Read 101805 times)
LainZ
Full Member
***
Offline Offline

Activity: 146


@WiRED


View Profile
June 16, 2013, 10:34:14 PM
 #281

Thank you PuertoLibre for your tool.

If I understand correctly, and looking at your figures, a 10GH/S device will make 6,7BTC in July, 3,3BTC in August, 1,5BTC in September, and 1,5BTC for the rest of its hashing life. Starting @ 01/07/2013. That equals to 13,2BTC.

2 facts then if I am not mistaken :

-If friedcat sets a price higher than 13,2BTC no miner will get a ROI from Asicminer July Batch. (I expect the new price to be 25BTC/Blade)

-the price of a 10GH/s burnin device made with Avalons chips is around 4.5BTC(correct me if wrong).

-> That means the 10GH/S must be hashing before 16/08/2013 or I will not make ROI on my Avalon chips.

Hopefully(best scenario) they will arrive mid July in the hands of burnin(the chips are supposed to leave factory 4 weeks after the samples).

If it happens that in one week he can send the boards as he says, then I will make 3.6BTC from 22/07/2013 to 16/08/2013 and then 4.42BTC for the rest of its life.

It seems it will be a hot summer if the chips are late...


They have always known that faith in money is a mass illusion, however they never considered that they wouldn’t be in charge of the illusion - Jon Matonis
The first principle is that you must not fool yourself, and you are the easiest person to fool - Richard Feynman
1490765839
Hero Member
*
Offline Offline

Posts: 1490765839

View Profile Personal Message (Offline)

Ignore
1490765839
Reply with quote  #2

1490765839
Report to moderator
1490765839
Hero Member
*
Offline Offline

Posts: 1490765839

View Profile Personal Message (Offline)

Ignore
1490765839
Reply with quote  #2

1490765839
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1490765839
Hero Member
*
Offline Offline

Posts: 1490765839

View Profile Personal Message (Offline)

Ignore
1490765839
Reply with quote  #2

1490765839
Report to moderator
PuertoLibre
Legendary
*
Offline Offline

Activity: 1092


Master BFL Shill


View Profile
June 16, 2013, 11:06:25 PM
 #282

Thank you PuertoLibre for your tool.

If I understand correctly, and looking at your figures, a 10GH/S device will make 6,7BTC in July, 3,3BTC in August, 1,5BTC in September, and 1,5BTC for the rest of its hashing life. Starting @ 01/07/2013. That equals to 13,2BTC.

2 facts then if I am not mistaken :

-If friedcat sets a price higher than 13,2BTC no miner will get a ROI from Asicminer July Batch. (I expect the new price to be 25BTC/Blade)

-the price of a 10GH/s burnin device made with Avalons chips is around 4.5BTC(correct me if wrong).

-> That means the 10GH/S must be hashing before 16/08/2013 or I will not make ROI on my Avalon chips.

Hopefully(best scenario) they will arrive mid July in the hands of burnin(the chips are supposed to leave factory 4 weeks after the samples).

If it happens that in one week he can send the boards as he says, then I will make 3.6BTC from 22/07/2013 to 16/08/2013 and then 4.42BTC for the rest of its life.

It seems it will be a hot summer if the chips are late...


I'd have to check your numbers to be sure. But that sounds about in the right neighborhood.

"-If friedcat sets a price higher than 13,2BTC no miner will get a ROI from Asicminer July Batch. (I expect the new price to be 25BTC/Blade)"

Correct, if he doesn't lower the price (or dramatically increase the performance), then effectively you'd be pouring money into a losing proposition.

If you have doubts as to what the spreadsheet tells you, then feel free to use very conservative percentages and compare that with actual reality.

======================================

If you have serious doubts, simply plug in the current amount you made in one day as the first date. Then set the percentage to 0%.

When the next difficulty correction occurs, take note of the percentage the difficulty went up that week. Take note of what you would have made (in BTC) if things remained the same difficulty up to the very end of the year.

Now put in that number (manually) into the first percentage deduction. From that you will know just how much of your yearly earnings you lost in just that immediate change.

Every week that passes by, simply plug in the actual percentage of difficulty change and you'll see the years end amount decrease by that certain amount.

It will give you an irrefutable insight into what you are losing 1 year down the road. It won't take you, or anyone, that long to figure out...your not going to make back what you thought you would.

If your miner costs more than that value, then it is overpriced. You'll never make back the money that you put into it.

---------------------

The only way I see people making money off ASICMiner is through their shares. If they grow in value then by the shares price alone, you will make money.

But buying the hardware itself is simply like throwing money into a fire pit at this point. The current generation and configuration of ASICs aren't as profitable as people believe they are.
PuertoLibre
Legendary
*
Offline Offline

Activity: 1092


Master BFL Shill


View Profile
June 16, 2013, 11:33:45 PM
 #283

https://bitcointalk.org/index.php?topic=236050.0

Take a look. Someone put it on Google Docs.
seleme
Legendary
*
Offline Offline

Activity: 980


Twitter - @alzu1977


View Profile
June 17, 2013, 03:52:04 AM
 #284

Quote
Correct, if he doesn't lower the price (or dramatically increase the performance), then effectively you'd be pouring money into a losing proposition.

Can't see anything new there--- whoever ever bought any AsicMiner mining product poured money into losing proposition. Well,except AsicMiner shills who faked first blade auction to pump it's retail price and with that the AM share they have.

Can't say I feel sorry for them though I do admire them. You have to be seriously talented dumbass to get caught in AsicMiner's community robbery - like some 150$ profit margin on USBs (each of thousands of sold ones) while buyers won't sniff ROI ever.

If there's one proof that bitcoin community is filled by absolute idiots there's no need to go further then AsicMiner sale threads.

ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518



View Profile
June 17, 2013, 04:14:11 AM
 #285

Quote
Correct, if he doesn't lower the price (or dramatically increase the performance), then effectively you'd be pouring money into a losing proposition.

Can't see anything new there--- whoever ever bought any AsicMiner mining product poured money into losing proposition. Well,except AsicMiner shills who faked first blade auction to pump it's retail price and with that the AM share they have.

Can't say I feel sorry for them though I do admire them. You have to be seriously talented dumbass to get caught in AsicMiner's community robbery - like some 150$ profit margin on USBs (each of thousands of sold ones) while buyers won't sniff ROI ever.

If there's one proof that bitcoin community is filled by absolute idiots there's no need to go further then AsicMiner sale threads.


People buying AM blades aren't necessarily as dumb as you think they are. The blades are an asset like any other, and the biggest part of profiting from bitcoin assets is timing.

When did you buy? How much did you make while you held? What did you sell for?

Add those up and a blade owner can actually come out on top, even with difficulty rises.
kendog77
Hero Member
*****
Offline Offline

Activity: 742


View Profile
June 17, 2013, 02:07:09 PM
 #286

Quote
Correct, if he doesn't lower the price (or dramatically increase the performance), then effectively you'd be pouring money into a losing proposition.

Can't see anything new there--- whoever ever bought any AsicMiner mining product poured money into losing proposition. Well,except AsicMiner shills who faked first blade auction to pump it's retail price and with that the AM share they have.

Can't say I feel sorry for them though I do admire them. You have to be seriously talented dumbass to get caught in AsicMiner's community robbery - like some 150$ profit margin on USBs (each of thousands of sold ones) while buyers won't sniff ROI ever.

If there's one proof that bitcoin community is filled by absolute idiots there's no need to go further then AsicMiner sale threads.


People buying AM blades aren't necessarily as dumb as you think they are. The blades are an asset like any other, and the biggest part of profiting from bitcoin assets is timing.

When did you buy? How much did you make while you held? What did you sell for?

Add those up and a blade owner can actually come out on top, even with difficulty rises.

True, there seems to be no shortage of greater fools that will buy used ASIC mining hardware at inflated prices. Heck, even the USB miners are selling for between $300-400 on Ebay, so it seems like there are plenty of folks that are not very good at basic math and would be happy to buy ASIC mining hardware for more than it will earn in BTC.

Folks that bought blades at 50 BTC when they were announced on May 13th did a lot better than the folks who bought them at the same price a month later.

Hint: It pays to buy as soon as a product is announced assuming it is ready to ship because everyday you wait your ROI goes down. I am anxiously awaiting the ASICMiner announcement on their upgraded Blades and pricing. I hope increased competition from Avalon bulk chip sales will push the price of ASIC mining hardware down to reasonable levels in the near future.
seleme
Legendary
*
Offline Offline

Activity: 980


Twitter - @alzu1977


View Profile
June 17, 2013, 03:34:30 PM
 #287

Quote
Correct, if he doesn't lower the price (or dramatically increase the performance), then effectively you'd be pouring money into a losing proposition.

Can't see anything new there--- whoever ever bought any AsicMiner mining product poured money into losing proposition. Well,except AsicMiner shills who faked first blade auction to pump it's retail price and with that the AM share they have.

Can't say I feel sorry for them though I do admire them. You have to be seriously talented dumbass to get caught in AsicMiner's community robbery - like some 150$ profit margin on USBs (each of thousands of sold ones) while buyers won't sniff ROI ever.

If there's one proof that bitcoin community is filled by absolute idiots there's no need to go further then AsicMiner sale threads.


People buying AM blades aren't necessarily as dumb as you think they are. The blades are an asset like any other, and the biggest part of profiting from bitcoin assets is timing.

When did you buy? How much did you make while you held? What did you sell for?

Add those up and a blade owner can actually come out on top, even with difficulty rises.

Timing is barely important when it's very hard to meet ROI no matter when you bought it. And even if you do you'll need so much time to do it that you could double those coins trading them.

ASIC investments should be high profit ones like Avalon 1 was, it's risky investment and potential award should be big too, not something you have to fear for months or more if you would ever recover what you invested. It's only AsicMiner and it's shareholders who made significant profit on AM hardware sales, suckers who bought at any time are certainly not in that group.

There's no niche on this planet where final product that is supposed to make money to final user makes dozen(s) time less money (or not at all) to that final user than it makes to ones who sell the product. So yeah, people who are buying AsicMiner products are dumb, very dumb. They're filling AM's pockets with huge amounts of money while investing significant amounts of money in something that might bring them very small profit or none at all.

I know AM shareholders don't like me or anyone else saying this so clearly as AM is second coming for them but I couldn't care less about that.

ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518



View Profile
June 17, 2013, 03:42:53 PM
 #288

Quote
Correct, if he doesn't lower the price (or dramatically increase the performance), then effectively you'd be pouring money into a losing proposition.

Can't see anything new there--- whoever ever bought any AsicMiner mining product poured money into losing proposition. Well,except AsicMiner shills who faked first blade auction to pump it's retail price and with that the AM share they have.

Can't say I feel sorry for them though I do admire them. You have to be seriously talented dumbass to get caught in AsicMiner's community robbery - like some 150$ profit margin on USBs (each of thousands of sold ones) while buyers won't sniff ROI ever.

If there's one proof that bitcoin community is filled by absolute idiots there's no need to go further then AsicMiner sale threads.


People buying AM blades aren't necessarily as dumb as you think they are. The blades are an asset like any other, and the biggest part of profiting from bitcoin assets is timing.

When did you buy? How much did you make while you held? What did you sell for?

Add those up and a blade owner can actually come out on top, even with difficulty rises.

Timing is barely important when it's very hard to meet ROI no matter when you bought it. And even if you do you'll need so much time to do it that you could double those coins trading them.

ASIC investments should be high profit ones like Avalon 1 was, it's risky investment and potential award should be big too, not something you have to fear for months or more if you would ever recover what you invested. It's only AsicMiner and it's shareholders who made significant profit on AM hardware sales, suckers who bought at any time are certainly not in that group.

There's no niche on this planet where final product that is supposed to make money to final user makes dozen(s) time less money (or not at all) to that final user than it makes to ones who sell the product. So yeah, people who are buying AsicMiner products are dumb, very dumb. They're filling AM's pockets with huge amounts of money while investing significant amounts of money in something that might bring them very small profit or none at all.

I know AM shareholders don't like me or anyone else saying this so clearly as AM is second coming for them but I couldn't care less about that.

You are speaking your perspective and opinion as absolute, but these things are not for any one person decide. This is a marketplace, and any item is worth exactly what any buyer is willing to pay for it. Simple as that.
seleme
Legendary
*
Offline Offline

Activity: 980


Twitter - @alzu1977


View Profile
June 17, 2013, 03:49:39 PM
 #289

They can pay 300 BTC as far as I'm concerned but that doesn't make them less dumb.

The point is that AM is a company that is full equivalent of all those real world corporations that many people from bitcoin community apparently hate and who are the part of a reason why they are involved with cryptostuff.

AsicMiner doesn't give a shit about cryptocommunity, network etc, etc.. all they care is to milk most $$ out of it. I'm not sure who I hate more BFL or them. BFL is obviously worse but they're less hypocrites than lovely friedcat and his army of shareholding shills. And those that let them to rob them while launching their beautiful asic smiles are biggest idiots in that story.

pikeadz
Full Member
***
Offline Offline

Activity: 238


View Profile
June 17, 2013, 03:55:49 PM
 #290

They can pay 300 BTC as far as I'm concerned but that doesn't make them less dumb.

The point is that AM is a company that is full equivalent of all those real world corporations that many people from bitcoin community apparently hate and who are the part of a reason why they are involved with cryptostuff.

AsicMiner doesn't give a shit about cryptocommunity, network etc, etc.. all they care is to milk most $$ out of it. I'm not sure who I hate more BFL or them. BFL is obviously worse but they're less hypocrites than lovely friedcat and his army of shareholding shills. And those that let them to rob them while launching their beautiful asic smiles are biggest idiots in that story.

Okay, we get it.  You hate Asicminer and BFL.  Does it matter to anyone but yourself?  If yes, go write your congressmen, file a strongly-worded BBB complaint, or hold hands with each other.  If not, STFU.
seleme
Legendary
*
Offline Offline

Activity: 980


Twitter - @alzu1977


View Profile
June 17, 2013, 03:57:05 PM
 #291

They can pay 300 BTC as far as I'm concerned but that doesn't make them less dumb.

The point is that AM is a company that is full equivalent of all those real world corporations that many people from bitcoin community apparently hate and who are the part of a reason why they are involved with cryptostuff.

AsicMiner doesn't give a shit about cryptocommunity, network etc, etc.. all they care is to milk most $$ out of it. I'm not sure who I hate more BFL or them. BFL is obviously worse but they're less hypocrites than lovely friedcat and his army of shareholding shills. And those that let them to rob them while launching their beautiful asic smiles are biggest idiots in that story.

Okay, we get it.  You hate Asicminer and BFL.  Does it matter to anyone but yourself?  If yes, go write your congressmen, file a strongly-worded BBB complaint, or hold hands with each other.  If not, STFU.

No, I won't shut the fuck up, I'll call such a twattish and hypocrite company as long as I can type.. what can you do with that?

pikeadz
Full Member
***
Offline Offline

Activity: 238


View Profile
June 17, 2013, 04:05:28 PM
 #292

They can pay 300 BTC as far as I'm concerned but that doesn't make them less dumb.

The point is that AM is a company that is full equivalent of all those real world corporations that many people from bitcoin community apparently hate and who are the part of a reason why they are involved with cryptostuff.

AsicMiner doesn't give a shit about cryptocommunity, network etc, etc.. all they care is to milk most $$ out of it. I'm not sure who I hate more BFL or them. BFL is obviously worse but they're less hypocrites than lovely friedcat and his army of shareholding shills. And those that let them to rob them while launching their beautiful asic smiles are biggest idiots in that story.

Okay, we get it.  You hate Asicminer and BFL.  Does it matter to anyone but yourself?  If yes, go write your congressmen, file a strongly-worded BBB complaint, or hold hands with each other.  If not, STFU.

No, I won't shut the fuck up, I'll call such a twattish and hypocrite company as long as I can type.. what can you do with that?

Your english is somewhat broken.  Did you mean to ask: "What are you going to do about that?"  If so:  Ignored.  Another whiner bites the dust.
kendog77
Hero Member
*****
Offline Offline

Activity: 742


View Profile
June 17, 2013, 04:57:01 PM
 #293

Many ASICs buyers subscribe to the greater fool theory. Even if they pay too much, they expect to be able to mine for a couple weeks and then resell the hardware for what they paid for it or more.

In the past this worked well because there was no shortage of greater fools waiting to jump on the ASICs train, but buyers are starting to get smarter about their ASICs purchases by scoffing at some of the recent overpriced offerings.

I don't blame ASICMiner for capitalizing on the ASICs craze. In fact, they appear to be a very well run company that is good at maximizing profits as their competition stumbles along. They couldn't capture 25% of the Bitcoin network if they had competent competition. If their shares weren't so expensive at the moment, I would buy some.
seleme
Legendary
*
Offline Offline

Activity: 980


Twitter - @alzu1977


View Profile
June 17, 2013, 07:49:17 PM
 #294

They can pay 300 BTC as far as I'm concerned but that doesn't make them less dumb.

The point is that AM is a company that is full equivalent of all those real world corporations that many people from bitcoin community apparently hate and who are the part of a reason why they are involved with cryptostuff.

AsicMiner doesn't give a shit about cryptocommunity, network etc, etc.. all they care is to milk most $$ out of it. I'm not sure who I hate more BFL or them. BFL is obviously worse but they're less hypocrites than lovely friedcat and his army of shareholding shills. And those that let them to rob them while launching their beautiful asic smiles are biggest idiots in that story.

Okay, we get it.  You hate Asicminer and BFL.  Does it matter to anyone but yourself?  If yes, go write your congressmen, file a strongly-worded BBB complaint, or hold hands with each other.  If not, STFU.

No, I won't shut the fuck up, I'll call such a twattish and hypocrite company as long as I can type.. what can you do with that?

Your english is somewhat broken.  Did you mean to ask: "What are you going to do about that?"  If so:  Ignored.  Another whiner bites the dust.

My English is not important at all though it's all you AM shills can get about as you know I'm speaking the truth and you're all assholes  Grin

Quote
I don't blame ASICMiner for capitalizing on the ASICs craze.

Neither do I, at least not too much... if they played fair it's their right to price their products as they want. what I do care and that's the reason why I regularly bash them is because they are hypocrites and kind of organized mafia organization. The way they did shill stuff in their first blade auction to "find out it's market price" would be crime anywhere out of bitcoin world and someone would be visited by police. It was so obvious organized event to artificially pump the price of their product so the share price could go up it's untrue.

kendog77
Hero Member
*****
Offline Offline

Activity: 742


View Profile
June 17, 2013, 07:58:18 PM
 #295

They can pay 300 BTC as far as I'm concerned but that doesn't make them less dumb.

The point is that AM is a company that is full equivalent of all those real world corporations that many people from bitcoin community apparently hate and who are the part of a reason why they are involved with cryptostuff.

AsicMiner doesn't give a shit about cryptocommunity, network etc, etc.. all they care is to milk most $$ out of it. I'm not sure who I hate more BFL or them. BFL is obviously worse but they're less hypocrites than lovely friedcat and his army of shareholding shills. And those that let them to rob them while launching their beautiful asic smiles are biggest idiots in that story.

Okay, we get it.  You hate Asicminer and BFL.  Does it matter to anyone but yourself?  If yes, go write your congressmen, file a strongly-worded BBB complaint, or hold hands with each other.  If not, STFU.

No, I won't shut the fuck up, I'll call such a twattish and hypocrite company as long as I can type.. what can you do with that?

Your english is somewhat broken.  Did you mean to ask: "What are you going to do about that?"  If so:  Ignored.  Another whiner bites the dust.

My English is not important at all though it's all you AM shills can get about as you know I'm speaking the truth and you're all assholes  Grin

Quote
I don't blame ASICMiner for capitalizing on the ASICs craze.

Neither do I, at least not too much... if they played fair it's their right to price their products as they want. what I do care and that's the reason why I regularly bash them is because they are hypocrites and kind of organized mafia organization. The way they did shill stuff in their first blade auction to "find out it's market price" would be crime anywhere out of bitcoin world and someone would be visited by police. It was so obvious organized event to artificially pump the price of their product so the share price could go up it's untrue.

The only thing that will stop their behavior is competition. ASICMiner is acting perfectly rationale in the current market, so until BFL, Avalon, KncMiner, BitFury, or some other company gets their act together and starts delivering competitive products in a timely fashion expect the ASIC hardware price gouging to continue.
dogie
Legendary
*
Offline Offline

Activity: 1400


dogiecoin.com


View Profile WWW
June 18, 2013, 04:00:10 AM
 #296

Still buying and selling blades. PM me for details, lots of transactions completed.

one4many
Hero Member
*****
Offline Offline

Activity: 512



View Profile
June 18, 2013, 08:54:47 AM
 #297

Still buying and selling blades. PM me for details, lots of transactions completed.

What is your current price for selling one?
dragonus
Jr. Member
*
Offline Offline

Activity: 56


View Profile
June 18, 2013, 11:49:10 AM
 #298

Hello Friedcat,

the winter is coming...

I've still need another asicminer for "heating" purposes Wink
jimmy3dita
Hero Member
*****
Offline Offline

Activity: 588



View Profile
June 18, 2013, 01:42:08 PM
 #299

The cat came back?

Acquista il mio libro "Investire Bitcoin": clicca qui
rammy2k2
Legendary
*
Offline Offline

Activity: 1204



View Profile WWW
June 18, 2013, 01:47:05 PM
 #300

The cat came back?


nope
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!