ASICMINER Blade Sales [Temporarily Out of Stock]

[matauc12]

Any chance of selling something that is not way overpriced
for those of us who can do basic maths?

I don't know the specific language of your math, but my blades are turning ROI in 3 weeks and then pure profit...

[1714079356]

1714079356

[candoo]

Any chance of selling something that is not way overpriced
for those of us who can do basic maths?

I don't know the specific language of your math, but my blades are turning ROI in 3 weeks and then pure profit...

You mine 50 btc in 3 weeks?? Lool.

[Xian01]

Anyone know a way around the Blades resetting to a low clock after being disconnected from a pool for a while ? Consistently happens for me when Bitminter goes offline

[dogie]

Anyone know a way around the Blades resetting to a low clock after being disconnected from a pool for a while ? Consistently happens for me when Bitminter goes offline

Only happens on B1 firmware.

[Xian01]

Anyone know a way around the Blades resetting to a low clock after being disconnected from a pool for a while ? Consistently happens for me when Bitminter goes offline

Only happens on B1 firmware.

 .. and a quick search reveals it's not possible to upgrade the firmware, correct ?

[dogie]

Its possible but needs specialist equipment

[sinx91]

Any chance of selling something that is not way overpriced
for those of us who can do basic maths?

I don't know the specific language of your math, but my blades are turning ROI in 3 weeks and then pure profit...

It is very clear, he bought them for 9 bitcoins or he is living in a other time period where the difficulty is 5 times lower.

[PuertoLibre]

http://speedy.sh/Zr5Mc/ASICs-are-way-overpriced-v1.xlsx

Here is the spreadsheet.

[dogie]

Here is the spreadsheet.

Did you really just use a 62 billion difficulty prediction within 12 months....

[PuertoLibre]

Here is the spreadsheet.

Did you really just use a 62 billion difficulty prediction within 12 months....

Use a more conservative number. Use 1%, then 2%. etc

http://dot-bit.org/tools/nextDifficulty.php

If you want to make the curves on your own you can change the table at the right. The next difficulty is 24%. Far higher than what my chart shows.

That means you are about to lose 24% of everything you would have made in the next year if difficulty remained absolutely flat. What do you think it will be next week? 2%?

Each successive 15% is a smaller proportion of the pie than the last. So it should be a good median start.

[shapemaker]

http://speedy.sh/Zr5Mc/ASICs-are-way-overpriced-v1.xlsx

Here is the spreadsheet.

And this is exactly why these devices are, and have been from the start, way overpriced. Some people keep on harping how Asicminer is soooo good for Bitcoin and all that crap. While the truth is they're ruthless capitalists who exploit the people who fail at maths completely. I guess there is a lot of truth in the saying "A fool and his money are easily parted".

The only people profiting here are Asicminer, and to a lesser degree, their shareholders. I said it before, and I say it again: Asicminer leaves no profit to their customers. Check back in a year and tell me how much profit you made from your BEB bought @50 BTC...

[Soros Shorts]

Here is the spreadsheet.

Did you really just use a 62 billion difficulty prediction within 12 months....

Use a more conservative number. Use 1%, then 2%. etc

http://dot-bit.org/tools/nextDifficulty.php

If you want to make the curves on your own you can change the table at the right. The next difficulty is 24%. Far higher than what my chart shows.

That means you are about to lose 24% of everything you would have made in the next year if difficulty remained absolutely flat. What do you think it will be next week? 2%?

Each successive 15% is a smaller proportion of the pie than the last. So it should be a good median start.

The 15% or 24% increase every difficulty change will not sustain for an entire year. At some point it will start tapering off well before we hit 62 billion. In parts of the world with expensive electricity, ASIC miners and Avalons will start becoming unprofitable to operate at around the 500 million difficulty mark (at current exchange rates). People would have to be really stupid to keep buying when we get close to that point.

[ThickAsThieves]

Here is the spreadsheet.

Did you really just use a 62 billion difficulty prediction within 12 months....

Use a more conservative number. Use 1%, then 2%. etc

http://dot-bit.org/tools/nextDifficulty.php

If you want to make the curves on your own you can change the table at the right. The next difficulty is 24%. Far higher than what my chart shows.

That means you are about to lose 24% of everything you would have made in the next year if difficulty remained absolutely flat. What do you think it will be next week? 2%?

Each successive 15% is a smaller proportion of the pie than the last. So it should be a good median start.

The 15% or 24% increase every difficulty change will not sustain for an entire year. At some point it will start tapering off well before we hit 62 billion. In parts of the world with expensive electricity, ASIC miners and Avalons will start becoming unprofitable to operate at around the 500 million difficulty mark (at current exchange rates). People would have to be really stupid to keep buying when we get close to that point.

What if all miners are on 28nm by then?

[PuertoLibre]

Here is the spreadsheet.

Did you really just use a 62 billion difficulty prediction within 12 months....

Use a more conservative number. Use 1%, then 2%. etc

http://dot-bit.org/tools/nextDifficulty.php

If you want to make the curves on your own you can change the table at the right. The next difficulty is 24%. Far higher than what my chart shows.

That means you are about to lose 24% of everything you would have made in the next year if difficulty remained absolutely flat. What do you think it will be next week? 2%?

Each successive 15% is a smaller proportion of the pie than the last. So it should be a good median start.

The 15% or 24% increase every difficulty change will not sustain for an entire year. At some point it will start tapering off well before we hit 62 billion. In parts of the world with expensive electricity, ASIC miners and Avalons will start becoming unprofitable to operate at around the 500 million difficulty mark (at current exchange rates). People would have to be really stupid to keep buying when we get close to that point.

Which just means you'll lose most of the value at the very beginning.

I chose 15% because it is neither too high nor too low. I back tested 15% (@ a frequency of 14 day corrections) to when I got my Avalon and it turned out very close to what I actually made. (it was actually a little bit higher than actual)

While I am aware that the first 15% is inaccurate and too low @ a frequency of 7 days per correction, (as we know 24% is the next figure) I figured the median of 15% should compensate for peaks and troughs over time.

As more ASIC come online the frequency towards the end should be even shorter than 7 days. Which will make corrections in difficulty all that more severe than what is depicted.

[Vycid]

Here is the spreadsheet.

Did you really just use a 62 billion difficulty prediction within 12 months....

Not unreasonable.

http://bitcoin.sipa.be/speed-lin.png

(The dip in the last day or two is ASICMiner taking hardware offline temporarily)

[dogie]

Here is the spreadsheet.

Did you really just use a 62 billion difficulty prediction within 12 months....

Not unreasonable.

http://bitcoin.sipa.be/speed-lin.png

(The dip in the last day or two is ASICMiner taking hardware offline temporarily)

Wow, the logics are OP. Who would be putting new hardware on line to raise the difficulty when the difficulty is already 59 BILLION. Thats 4,500,000TH, of which 4490000TH will never pay for itself. So it will never arrive. So it won't get there.

Stop spreading your bullshit please.

[Xian01]

Stop spreading your bullshit please.

 *mumbles something about going past 200 mil difficulty and everyone gets out of the game*

[innovation]

Anyone know a way around the Blades resetting to a low clock after being disconnected from a pool for a while ? Consistently happens for me when Bitminter goes offline

My acisminer blade goes well.
Maybe your internet browse allways refresh at the 'http://192.168.1.254:8000/Sw_Clock'.
Just close your browse and reopen Microsoft IE at http://192.168.1.254:8000/main.
Things maybe go well.
Best Regards.

[hanti]

Anyone know a way around the Blades resetting to a low clock after being disconnected from a pool for a while ? Consistently happens for me when Bitminter goes offline

i had the same problem after switch to high clock after restart it was low, then i hit update/restart button after switching to high clock and now its always high

[pikeadz]

Anyone know a way around the Blades resetting to a low clock after being disconnected from a pool for a while ? Consistently happens for me when Bitminter goes offline

My acisminer blade goes well.
Maybe your internet browse allways refresh at the 'http://192.168.1.254:8000/Sw_Clock'.
Just close your browse and reopen Microsoft IE at http://192.168.1.254:8000/main.
Things maybe go well.
Best Regards.

This just happened to both of my blades when Eligius when offline about an hour ago.  They both switched to low clock, and insteead of switching to my backup pool, kept trying to submit shares through the stratum proxy, which had quit entirely and was just generating an error (should have done a screenshot but I was in a hurry to get things moving again)...