Mabsark
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July 10, 2013, 11:42:22 AM |
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I did not realize nothing was more profitable than something... shit, learn something new each day
You can keep repeating that nonsense as much you want, but you'd have to be the most idiotic of idiots to actually believe that BFL hasn't shipped any products. Jalapenos are currently mining as we speak, can the same be said of mini Blades? So yes, something (Jalapeno) is more profitable than nothing (mini Blade). BFL are currently saying all back orders will be shipped by September, that's only 2 months away. K16s will be shipping as well by then. Like I have just shown with maths, instead of the nonsense spewed by you pumpers, it would take 2 months of mining with no difficulty increases for a mini Blade to be as profitable as its competition. That's not going to happen. Instead of spewing nonsense, how about you show some maths which would indicate that these devices are at least as profitable as a Jalapeno and K16. You won't do that because you can't. Because BFL definitely definitely delivers when they say they will deliver. Right? Guys? So, because they haven't lived up to their promises in the past, does that mean that then can't possibly live up to current and future promises? Of course not. Like I said though, 2 months assuming difficulty does not increase, 108 days assuming 15% increases per round. Do you think BFL will have shipped today's orders within 3.5 months? Also, BFL isn't the only competition. Like I said, K16s will be shipping within 2 months. |
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circuitry
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July 10, 2013, 11:44:06 AM |
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Profitability of a mini blade, assuming $75/ BTC is a reasonable 3-4 months.  People are buying USBs like crazy (and remember, they have no ROI whatsoever) so I foresee the blades selling like crack cocaine. Should btcusd go up, ROI can be more than merely decent of course. Just my $0.02. |
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Streets 2.0
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FRX: Ferocious Alpha
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July 10, 2013, 11:47:26 AM |
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Let's have this debate once more please.  Place on ignore and move along  |
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canth
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July 10, 2013, 11:48:19 AM |
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I love how people compare asicminer miners to BFL miner. Dude. I mean dude. You know that when you order ASICMINER device you get it within couple days? If you were to order Jalapeňo today you will be happy to get it this year. Enough said.
Did you even bother to read the post you responded to? I compared the mini-Blade with a Jalapeno and a Klondike K16, then I showed that in order for the mini-Blade to be competitive, you have to assume that difficulty will not increase for the next 2 months. So, if you buy a mini-Blade today and it ships just in time to come online after this difficulty increase, and I buy a K16 today and it's shipped to me in 2 month time, the K16 will be more profitable and no amount of bullshit will change that fact. Given that fact, how can you possibly claim that they're not still overpriced?  Why do we have to keep going over this? An item is only overpriced if there aren't enough purchasers willing to pay the price offered. ROI is another story, but as far as AM investors are concerned, it's not really relevant at this time. |
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Mabsark
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Merit: 1004
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July 10, 2013, 11:49:21 AM |
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I did not realize nothing was more profitable than something... shit, learn something new each day
You can keep repeating that nonsense as much you want, but you'd have to be the most idiotic of idiots to actually believe that BFL hasn't shipped any products. Jalapenos are currently mining as we speak, can the same be said of mini Blades? So yes, something (Jalapeno) is more profitable than nothing (mini Blade). BFL are currently saying all back orders will be shipped by September, that's only 2 months away. K16s will be shipping as well by then. Like I have just shown with maths, instead of the nonsense spewed by you pumpers, it would take 2 months of mining with no difficulty increases for a mini Blade to be as profitable as its competition. That's not going to happen. Instead of spewing nonsense, how about you show some maths which would indicate that these devices are at least as profitable as a Jalapeno and K16. You won't do that because you can't. Your post is full of optimistic assumptions. The mini blades will be shipping out extremely soon (they were just announced ffs) and AM already shipped out tons of blades in the last 2 months, way more than BFL is capable of putting out. Also, only a handful of BFL's higher end miners have been shipped while the vast majority are still waiting two weeks™ for theirs. I don't think it really matters whether these new mini blades will be profitable; the argument is that BFL has a year of backlog to deal with and there is no reason to believe they will suddenly ship everyone's unit in 2 months. Neither is there a reason to believe that KNC will be any different than Avalon/BFL in terms of delays. That's not the argument at all. The only reason I even mention BFL is because it has a 5Gh/s miner and is therefore a competitor. The argument is precisely the profitability of the mini Blade vs that of the competition. To pretend otherwise is simply a smokescreen to avoid the fact that these Blades are still overpriced. I'm a miner. I want to buy mining hardware. I will not be buying any of these at those prices though, because they are still less profitable than their competition. If that wasn't the case, then I'd be buying some. |
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Rival
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July 10, 2013, 11:55:55 AM |
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I'm a miner. I want to buy mining hardware.
You cannot mine with promises. |
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Mabsark
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July 10, 2013, 12:01:08 PM |
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Let's have this debate once more please. Place on ignore and move along Go ahead, less idiots to respond to and my comments will go unchallenged. |
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Mabsark
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July 10, 2013, 12:05:13 PM |
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I'm a miner. I want to buy mining hardware.
You cannot mine with promises. That applies to these new Blades as well given that they've only just been announced and haven't shipped yet. |
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SilentSonicBoom
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July 10, 2013, 12:42:02 PM |
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I'm a miner. I want to buy mining hardware.
You cannot mine with promises. That applies to these new Blades as well given that they've only just been announced and haven't shipped yet. New blades will be exciting when prices and availability is announced. For now, USB miner sales will have to do for ASICMINER  |
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101111
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July 10, 2013, 12:49:01 PM |
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c'mon guys, back on topic, it's frieday not (butter) flyday
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velacreations (OP)
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July 10, 2013, 01:19:24 PM |
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I predict .025 for today's div.
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VeeMiner
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July 10, 2013, 01:21:27 PM |
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I predict .025 for today's div.
it could be more, there are a lot of USB miner sales... |
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velacreations (OP)
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July 10, 2013, 01:34:48 PM |
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I predict .025 for today's div.
it could be more, there are a lot of USB miner sales... there are a lot, but how many are we talking about? 5,000? 10,000? Mining revenue is .013 5,000 USBs adds .011 for a total dividend of .024 10,000 USBs adds .022 for a total of .035 MAYBE 10K sold, but I think the number is closer to 5K. |
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Streets 2.0
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Activity: 490
Merit: 101
FRX: Ferocious Alpha
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July 10, 2013, 02:09:40 PM |
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I predict .025 for today's div.
it could be more, there are a lot of USB miner sales... there are a lot, but how many are we talking about? 5,000? 10,000? Mining revenue is .013 5,000 USBs adds .011 for a total dividend of .024 10,000 USBs adds .022 for a total of .035 MAYBE 10K sold, but I think the number is closer to 5K. Im kind of surprised that the 24 hour value has remained below 4.5. I thought for sure with the coming announcement on the new blades, a nice dividend expected, and being that it is d-day, that people would go crazy and this thing would shoot to 5 easy. Not that I am upset over it, on the contrary, but people get so crazy with speculative news my assumption was a decent uptick. |
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ThickAsThieves
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July 10, 2013, 02:12:03 PM |
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I predict .025 for today's div.
it could be more, there are a lot of USB miner sales... there are a lot, but how many are we talking about? 5,000? 10,000? Mining revenue is .013 5,000 USBs adds .011 for a total dividend of .024 10,000 USBs adds .022 for a total of .035 MAYBE 10K sold, but I think the number is closer to 5K. Im kind of surprised that the 24 hour value has remained below 4.5. I thought for sure with the coming announcement on the new blades, a nice dividend expected, and being that it is d-day, that people would go crazy and this thing would shoot to 5 easy. Not that I am upset over it, on the contrary, but people get so crazy with speculative news my assumption was a decent uptick. Everyone is out of btc! |
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bitfair
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July 10, 2013, 02:12:27 PM |
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New back-of-the-envelope calculation:
200TH order delivered, imagine all is sold as 10GH units. That's 20k units, at 18 BTC per unit, makes 360k BTC. So a rough estimate of the value of the 200TH order is 0.9 BTC per share.
Have more orders been placed with the fab?
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velacreations (OP)
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July 10, 2013, 02:15:43 PM |
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Im kind of surprised that the 24 hour value has remained below 4.5. I thought for sure with the coming announcement on the new blades, a nice dividend expected, and being that it is d-day, that people would go crazy and this thing would shoot to 5 easy. Not that I am upset over it, on the contrary, but people get so crazy with speculative news my assumption was a decent uptick.
I think people are waiting for the dividend and official news from FC on the blades. |
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binaryFate
Legendary
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Merit: 1003
Still wild and free
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July 10, 2013, 02:21:50 PM |
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Im kind of surprised that the 24 hour value has remained below 4.5. I thought for sure with the coming announcement on the new blades, a nice dividend expected, and being that it is d-day, that people would go crazy and this thing would shoot to 5 easy. Not that I am upset over it, on the contrary, but people get so crazy with speculative news my assumption was a decent uptick.
I think people are waiting for the dividend and official news from FC on the blades. I'd assume most people try to buy before such announcements. Furthermore I'd assume they believe they are among the only few smart ones to do it |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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velacreations (OP)
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July 10, 2013, 02:24:37 PM |
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I'd assume most people try to buy before such announcements. Furthermore I'd assume they believe they are among the only few smart ones to do it I think you give people too much credit. I don't think they follow these threads like we do. |
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Rival
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July 10, 2013, 02:25:20 PM |
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As with every marketplace, the information is already baked in as far as best guesses are concerned.
I hope people are looking at the global hash as well. It is increasing at ludicrous speed. AM provides one of the few real havens from explosive global hash increases as they can easily ramp up hash to keep their position. Something a home mining setup and many other mining companies cannot.
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