Bitcoin Forum
May 02, 2024, 10:28:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 [133] 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 »
  Print  
Author Topic: Baikal Giant X10  (Read 132854 times)
adra12
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
March 19, 2018, 09:52:49 PM
 #2641

So I am guessing that the YAAMP pool software tries to spread the hashrate around instead of just mining the most profitable.

Your observation is correct. This is why I contacted Starpool about a week ago. I noticed that for some reason it is always distributing the hash rate, especially when it comes to Skein or Myr-gr. Which results in lower profits due to mining absolutely non-profitable coins like Myriadcoin and the rest that are always on the bottom, no matter when I check it.
1714688919
Hero Member
*
Offline Offline

Posts: 1714688919

View Profile Personal Message (Offline)

Ignore
1714688919
Reply with quote  #2

1714688919
Report to moderator
1714688919
Hero Member
*
Offline Offline

Posts: 1714688919

View Profile Personal Message (Offline)

Ignore
1714688919
Reply with quote  #2

1714688919
Report to moderator
1714688919
Hero Member
*
Offline Offline

Posts: 1714688919

View Profile Personal Message (Offline)

Ignore
1714688919
Reply with quote  #2

1714688919
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714688919
Hero Member
*
Offline Offline

Posts: 1714688919

View Profile Personal Message (Offline)

Ignore
1714688919
Reply with quote  #2

1714688919
Report to moderator
1714688919
Hero Member
*
Offline Offline

Posts: 1714688919

View Profile Personal Message (Offline)

Ignore
1714688919
Reply with quote  #2

1714688919
Report to moderator
1714688919
Hero Member
*
Offline Offline

Posts: 1714688919

View Profile Personal Message (Offline)

Ignore
1714688919
Reply with quote  #2

1714688919
Report to moderator
Shorty2520
Member
**
Offline Offline

Activity: 165
Merit: 11


View Profile
March 19, 2018, 09:53:53 PM
 #2642

You can always wait 2 weeks if sth new comes (in tech industry), or do you have something to proof your words?
ruplikminer
Jr. Member
*
Offline Offline

Activity: 504
Merit: 3


View Profile
March 20, 2018, 10:21:10 AM
 #2643

I have contacted Baikal. They now have a MOQ of 2 units.

I would like to buy one. Does anyone wants to buy also one? We can both wire the money to him and then we get one each. I tried to lower to 1 as MOQ but they didn't adree.

Price is $2699

tomwrx
Member
**
Offline Offline

Activity: 224
Merit: 10


View Profile WWW
March 20, 2018, 10:39:57 AM
 #2644

I have contacted Baikal. They now have a MOQ of 2 units.

I would like to buy one. Does anyone wants to buy also one? We can both wire the money to him and then we get one each. I tried to lower to 1 as MOQ but they didn't adree.

Price is $2699



If the price were under 2k usd i would consider buying x10.

ALQO - A Decentralized, All-in-One Financial And Cloud Services Ecosystem.

https://alqo.app/
henrylitee
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
March 20, 2018, 11:13:47 AM
 #2645

I asked a dew days ago and baikal said to me 4000 USD for x10, someone knows why they reduce the price??
pikachuy
Sr. Member
****
Offline Offline

Activity: 544
Merit: 250


View Profile
March 20, 2018, 11:36:16 AM
 #2646

I asked a dew days ago and baikal said to me 4000 USD for x10, someone knows why they reduce the price??

Simple, cause they aren't selling fast enough. They lower price little by little to get the suckers that want to pay more first before getting the rest of the buyers. That's why they were selling at first for like $7000.

How they work:
Get suckers that wants to pay $7000, then when there's no more suckers, lower to $6000, and when no more suckers, lower again, rinse and repeat until stock is gone.

In other words, to maximize their profits since they aren't as big as Bitmain to be pumping out toasters non-stop.

So for more me, I woudn't pay anywhere close to $2000.

Remember, they were originally selling for $1188 so they had to make profits. Once they realized third party sellers were selling for a lot more, their price jumped.
tomwrx
Member
**
Offline Offline

Activity: 224
Merit: 10


View Profile WWW
March 20, 2018, 11:42:27 AM
 #2647

I asked a dew days ago and baikal said to me 4000 USD for x10, someone knows why they reduce the price??

Simple, cause they aren't selling fast enough. They lower price little by little to get the suckers that want to pay more first before getting the rest of the buyers. That's why they were selling at first for like $7000.

How they work:
Get suckers that wants to pay $7000, then when there's no more suckers, lower to $6000, and when no more suckers, lower again, rinse and repeat until stock is gone.

In other words, to maximize their profits since they aren't as big as Bitmain to be pumping out toasters non-stop.

So for more me, I woudn't pay anywhere close to $2000.

Remember, they were originally selling for $1188 so they had to make profits. Once they realized third party sellers were selling for a lot more, their price jumped.

Agree. Of course they made profit when selling first batch for 1188 usd. Imo, cost of manufacturing x10 can be as low as 200 usd or even lower for one miner, because labor and other parts are cheap in china + economy of scale.

ALQO - A Decentralized, All-in-One Financial And Cloud Services Ecosystem.

https://alqo.app/
ruplikminer
Jr. Member
*
Offline Offline

Activity: 504
Merit: 3


View Profile
March 20, 2018, 11:49:24 AM
 #2648

I agree with all that you says guys.

just I am interested in this one because of hte multi algo and low power usage. Also they will add 2 more algos which will give again value to this box.

I want to enter in the world of the ASICS and this looks to me the best door. I don't want to risk with the cryptonight units. If all the cryptonight coins will fork then it will become a nice doorstopper.

THis one supports up to 7 algos. A totally different story. Also it uses very little power.  ( and I have photovoltaic panels.=
henrylitee
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
March 20, 2018, 02:51:21 PM
 #2649

How much is actually returning baikal x10? Between 17-25 USD?
ruplikminer
Jr. Member
*
Offline Offline

Activity: 504
Merit: 3


View Profile
March 20, 2018, 03:33:14 PM
 #2650

How much is actually returning baikal x10? Between 17-25 USD?

If you use it on autoswtich pools like nicehash yes. If you work searching for the best coin probably more. Remember this machine can support 5 diferent algos. (soon 7)
xaco147
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
March 21, 2018, 08:19:41 AM
Last edit: March 21, 2018, 09:08:48 AM by xaco147
 #2651

I asked a dew days ago and baikal said to me 4000 USD for x10, someone knows why they reduce the price??

Simple, cause they aren't selling fast enough. They lower price little by little to get the suckers that want to pay more first before getting the rest of the buyers. That's why they were selling at first for like $7000.

How they work:
Get suckers that wants to pay $7000, then when there's no more suckers, lower to $6000, and when no more suckers, lower again, rinse and repeat until stock is gone.

In other words, to maximize their profits since they aren't as big as Bitmain to be pumping out toasters non-stop.

So for more me, I woudn't pay anywhere close to $2000.

Remember, they were originally selling for $1188 so they had to make profits. Once they realized third party sellers were selling for a lot more, their price jumped.

Ok, I agree they were expensive and they were acting with some delay, but I think the whole firm is little bit slow (observation that I took when I ordered mine). But let's take a look from their perspective.
Imagine you are the owner of company Baikal and you are producing those ASICs for let's say 500$ (just suggestion, I have no idea for how much they produce them). Your margin in October - December has been 700$ roughly (for batch 1 that was 1188$) and 900$ (for batch 2 that was 1399$) or 58.33% and 64.28% respectively (gross margins, but I don't believe they have a lot of costs for advertisement and other things). In the beginning they were making 200$ days (so tempting) but we were aware how earns will drop rapidly. Still we had around 50-60$ earnings in the beginning of December which gives us Payback period of approx. 23 days.

Now - it comes December everything booms even more, XVG makes new all time high in the beginning of January and you are making almost 100$ per machine per day. The payback period is reduced to 14 days (for second batch) and 12 days (for first batch). Now you make a good research and you realize that people are willing to pay even for payback period of 180 days (especially the guys with GPU rigs). So you are saying to yourself: there are new people coming in the mining sphere, willing to wait for 6 months to get their money back and nowadays one of my machines makes 100$ day. You check on ebay and you see people are paying right now around 11,000 euros for one of your machines. As a produced you sold your batches on very low price. You don't want to lose money again. So you increase the prices to 7000$ (I don't know their way of price formation, but they did it somehow) and the payback period for their clients now is 70 days and even if mining profits drop to 50$ per day it still will be 140 days (lower than 180) and they still offer the best product. Your margins are going to approx. 92%. It is a win-win situation. So please don't blame them they are ripping people off. They are just trying to be flexible and to adapt to the new prices in the crypto world. You would have done the same. Again - I am saying they are little bit slow and maybe don't adapt very fast, but looks like they are trying. They were keeping for long time 7000$ for sure and the only thing I didn't like and I wouldn't have done if I was the owner of the company is the MoQ of 6.

That is all from me. Have a nice day and let's hope for a new big jump in crypto prices.

Disclosure: I am not owner (entirely or partially) of Baikal, nor their employee.
coindings
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 21, 2018, 09:36:31 AM
 #2652

Is it safe to buy from www.baikalminer.com?
henrylitee
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
March 21, 2018, 10:07:37 AM
 #2653

Can i use as a power supply , BITMAIN 1200W PSU  APW3++ for BAIKAL X10? i  have one at home which i was thinking to sell but if i can use it with Baikal
Gongolo
Full Member
***
Offline Offline

Activity: 374
Merit: 101


View Profile
March 21, 2018, 10:15:21 AM
 #2654

Can i use as a power supply , BITMAIN 1200W PSU  APW3++ for BAIKAL X10? i  have one at home which i was thinking to sell but if i can use it with Baikal

Yes, I know other people using it.
Gongolo
Full Member
***
Offline Offline

Activity: 374
Merit: 101


View Profile
March 21, 2018, 10:17:15 AM
 #2655

Is it safe to buy from www.baikalminer.com?

Recommended too, if you are going to buy a Baikal miner.
Overlast
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
March 21, 2018, 10:17:43 AM
 #2656

Sure, powerful enough to power 2 or 3. Depends which algo you use
bitcoinexplorer
Sr. Member
****
Offline Offline

Activity: 420
Merit: 255



View Profile
March 21, 2018, 10:38:16 AM
 #2657

Can i use as a power supply , BITMAIN 1200W PSU  APW3++ for BAIKAL X10? i  have one at home which i was thinking to sell but if i can use it with Baikal

Yes it works!
mo_the_miner
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
March 21, 2018, 11:29:56 AM
 #2658

Can i use as a power supply , BITMAIN 1200W PSU  APW3++ for BAIKAL X10? i  have one at home which i was thinking to sell but if i can use it with Baikal

Yes, I know other people using it.

Yes its possible , I use it to
coindings
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 21, 2018, 03:46:11 PM
 #2659

Is it possible to use the EVGA 3600W also for Baikal miners?
bitcoinexplorer
Sr. Member
****
Offline Offline

Activity: 420
Merit: 255



View Profile
March 21, 2018, 05:51:21 PM
 #2660

Is it possible to use the EVGA 3600W also for Baikal miners?
I never tried it, but should work!
Pages: « 1 ... 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 [133] 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!