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Author Topic: Block Erupter USB Sales [Temporarily Out of Stock]  (Read 93131 times)
nikycoin
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June 23, 2013, 10:20:10 PM
 #121

Is there a group buy somewhere ?
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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VolanicEruptor
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June 23, 2013, 10:21:12 PM
 #122



Power consumption isn't much of an issue anymore.  ASICS are much more energy efficient.

So efficient you can power them with a sub-rooftop sized solar array.  One panel is about a million times easier to deal with than the system a GPU farm would have required.  You can make the electricity required to run your hardware a sunk cost just like the ASIC. Pure profit from that day on out.


If it costs $1 of electricity to mine $100 worth of bitcoins, it's a waste of effort.  Very inefficient management of your money/time..

MagicMike523
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June 23, 2013, 10:23:06 PM
 #123



Power consumption isn't much of an issue anymore.  ASICS are much more energy efficient.

So efficient you can power them with a sub-rooftop sized solar array.  One panel is about a million times easier to deal with than the system a GPU farm would have required.  You can make the electricity required to run your hardware a sunk cost just like the ASIC. Pure profit from that day on out.


If it costs $1 of electricity to mine $100 worth of bitcoins, it's a waste of effort.  Very inefficient management of your money/time..

Are you sure about that?
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June 23, 2013, 10:23:34 PM
 #124

I am really excited to hear of this price drop!

Is anyone here who is buying 50 willing to sell me one at or near cost?

I was holding out and saving for one of these.. But At the old prices couldn't justify it.
When I save up enough or someone wants to give me a 1BTC loan I'd love to have one.

I'm about 1/10 saved up to 1BTC at the moment. Cheesy


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Pierre
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June 23, 2013, 10:24:59 PM
 #125


If it costs $1 of electricity to mine $100 worth of bitcoins, it's a waste of effort.  Very inefficient management of your money/time..

Are you sure about that?

Yes because your rooftop solar array would cost more than $1, so it's cheaper to just pay for the electricity. Unless you already have the solar array and is not using it for something else...
laughingbear
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June 23, 2013, 10:25:37 PM
 #126

Where do I go to place an order of 50, in the US?
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June 23, 2013, 10:30:32 PM
 #127

Where do I go to place an order of 50, in the US?

Here you go
https://bitcointalk.org/index.php?topic=241414.0;topicseen
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June 23, 2013, 10:35:39 PM
 #128


He charges a mark up.

I think laughingbear (me including) is more interested in getting them from the source for .99 BTC
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June 23, 2013, 10:47:23 PM
 #129

I guess the PT share of AM in BTCT or BF are not qualified for the "shipping first" policy? Just direct shares. Huh

CanaryInTheMine
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June 23, 2013, 10:49:23 PM
 #130


He charges a mark up.

I think laughingbear (me including) is more interested in getting them from the source for .99 BTC
Yes, my markup is 1.01618-.99 = 0.02618 per device.  For $2.82 per device you get expedient service and peace of mind knowing that you will get everything as expected.  If you are ordering over 30 units you get FedEx next day shipping included.
No matter what you say, this an excellent service. But we all know you do have a bone to grind with me. So coinhoarder, I encourage you to handle your own orders and I'll continue distributing ASICMiner/friedcat's product. See my signature.
Thanks
HeRetiK
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June 23, 2013, 10:51:06 PM
 #131

I guess the PT share of AM in BTCT or BF are not qualified for the "shipping first" policy? Just direct shares. Huh

Probably. BTCT shares however can be transferred to you personally. The info should be somewhere in the original thread or the AM info-page on btct.

.
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CoinHoarder
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June 23, 2013, 11:06:08 PM
 #132


He charges a mark up.

I think laughingbear (me including) is more interested in getting them from the source for .99 BTC
Yes, my markup is 1.01618-.99 = 0.02618 per device.  For $2.82 per device you get expedient service and peace of mind knowing that you will get everything as expected.  If you are ordering over 30 units you get FedEx next day shipping included.
No matter what you say, this an excellent service. But we all know you do have a bone to grind with me. So coinhoarder, I encourage you to handle your own orders and I'll continue distributing ASICMiner/friedcat's product. See my signature.
Thanks

No bone to grind with you...

I'd just rather buy from the source with no mark up.

Your "expedient service" and "peace of mind" don't quite match the expedient service I could give to myself (cut out the middle man). No "peace of mind" required either because there is no 3rd party. Only me ordering from Friedcat.

This is not about you Canary... these things have a slim chance to make ROI in 2 years as is, no need to add extra expenses.
laughingbear
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June 23, 2013, 11:09:48 PM
 #133

yeah, i would like to buy 50, no point in a group buy
btceic
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June 23, 2013, 11:49:17 PM
 #134

Is there a group buy somewhere ?

Yes,
https://bitcointalk.org/index.php?topic=241434

♫ This situation, which side are you on? Are you getting out? Are you dropping bombs? Have you heard of diplomatic resolve? ♫ How To Run A Cheap Full Bitcoin Node For $19 A Year ♫ If I knew where it was, I would take you there. There’s much more than this. ♫ Track Your Bitcoins Value
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June 24, 2013, 12:26:59 AM
 #135

This isn't fair for Canadians.  I want to order 1000 USBS.  However,  I want to take advantage of my previous 50BTC order so that I can get 50BTC off, but WTCR in Canada won't be able to honor this.  It now seems that Friedcat is screening out Canadian emails as he hasn't replied to me for quite awhile now, as he probably wants me to deal directly with WTCR.  Bullshit.

WTCR is capable of getting 1000+ units for you.  I wouldn't worry about that!
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June 24, 2013, 01:06:53 AM
 #136

This isn't fair for Canadians.  I want to order 1000 USBS.  However,  I want to take advantage of my previous 50BTC order so that I can get 50BTC off, but WTCR in Canada won't be able to honor this.  It now seems that Friedcat is screening out Canadian emails as he hasn't replied to me for quite awhile now, as he probably wants me to deal directly with WTCR.  Bullshit.

WTCR is capable of getting 1000+ units for you.  I wouldn't worry about that!

I won't get the 50 BTC rebate though for my previous 50 unit order.  Did you miss that part?  It was never a question of not being able to get 1000.

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June 24, 2013, 01:09:01 AM
 #137

Everyone who bought these USB sticks for sale at a higher price will now be forced to sell them at a loss or be stuck with them.
Serves them right!  Tongue Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Tongue

The rational part of me thinks that people will be less likely to buy these because AM keeps undercutting itself and making it harder to profit off these things.  The irrational part of me concludes people won't give a damn and will buy them because.... "ZOMG ITS A CUTE LITTLE ASICCCCCCC AT 50% OFF!!!!"
buyer
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June 24, 2013, 01:15:37 AM
 #138

I was going to buy a bunch of them (a few thousand) but did not for this very reason.  The OP may know something about producing an ASIC but the OP and his advisors know nothing about marketing and selling product.   I suggested using distributors months ago and they've only now come to see the value fo that tried and true model.  

Their pricing makes them a non-competitive product and their price dropping makes them a horrible potential partner.

They should, like most manufacturers, set a single unit MSRP (price) and then offer serious discounts for volume purchases (on the order of 30%+).  The first company to adopt that distribution model will gain immediate market share.  

Hogs get fat but pigs get slaughtered.

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June 24, 2013, 01:22:40 AM
 #139

Everyone who bought these USB sticks for sale at a higher price will now be forced to sell them at a loss or be stuck with them.
Serves them right!  Tongue Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Tongue

Could this be FriedCats way of getting revenge (for all of us) on those a-holes who buy new consoles/ miners/ etc and immediately list on ebay with a price thats +25-100% ?

I sure hope so  Cheesy

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June 24, 2013, 01:27:18 AM
 #140

I was reselling them in EU.
That means now I can't do that and I'm not going to be capable of reaching the 1,000 mark? Seems not fair  Huh
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