[ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING***

[Doff]

Well, I cant say you are wrong mainly because I really have no idea, although it seems like a bit of a jump in hashing power to hit those numbers.

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[Doff]

Well, I cant say you are wrong mainly because I really have no idea, although it seems like a bit of a jump in hashing power to hit those numbers.

+30% jumps are conservative.  BFL is still shipping, so is KNC; HF, Cointerra, BA are still unknowns.  Then you have bitfuries.  I suspect we'll see 30-50% jumps every 2 weeks at least until Feb/14 or Mar/14.  Monarchs and BAs shipped in numbers will culminate this run up.

I think people who ordered Monarchs will be dumping their pre-orders sometime in December at 50% loss.

BTW, Bitfury kits for November better be in the KNC price range, i.e. $3-4K per full kit.  It all can change very quickly if HF demos their chip.
Then $3K/full kit will become expensive overnight.

I dunno, were already reaching a saturation point, just doing some simple math those companies would need to deliver a lot of hardware to reach the 1 Billion mark. We have some time before 8 Bil, but the way this market moves I could certainly be wrong.

[klondike_bar]

Well, I cant say you are wrong mainly because I really have no idea, although it seems like a bit of a jump in hashing power to hit those numbers.

+30% jumps are conservative.  BFL is still shipping, so is KNC; HF, Cointerra, BA are still unknowns.  Then you have bitfuries.  I suspect we'll see 30-50% jumps every 2 weeks at least until Feb/14 or Mar/14.  Monarchs and BAs shipped in numbers will culminate this run up.

I think people who ordered Monarchs will be dumping their pre-orders sometime in December at 50% loss.

BTW, Bitfury kits for November better be in the KNC price range, i.e. $3-4K per full kit.  It all can change very quickly if HF demos their chip.
Then $3K/full kit will become expensive overnight.

not true. I think there will be another 1-2 months of 30% increases, then it will HAVE to slowly adjust downwards. Costs will slowly approach the price of manufacturing, in the case of bitfury it is unlikely they can make a board for any less than $200 (and continue to pay off nre costs) for some time. Other manufacture use more complex designs that may be even more difficult to bring, and machines like asicminer / BFL / avalon (first-gen anyways) will become inefficient far sooner than bitfury and other gen2 asics capable of <1w/GH

to double hashrate by Nov 24 (less than 3 difficulty changes at 30+%), each company that is now shipping would basically need to ship 70%+ of the amount already shipped (Basically asking that they have tightened their production speeds by 2-3x current.

[newguy05]

But 400GH delivered today will only get you 27BTC.  It would be quite silly to spend 40BTC, only to get back 27BTC.

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=390928787.63809&dcosts=500&diff_mincrease=30&blpbtc=25&dhsmhs=400000&diff_mincreasedecrease=3&btcusd=190.76&dpowcon=30&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calc

I just have to ask, do you really believe the network hash rate will be somewhere around 234 times what it is today by Nov of next year? lol, I suppose its not impossible however it seems unlikely it happens that quickly.

 

laugh now, see who will be the one crying next Nov. Miner prices will continue to crash while difficulty gaps up, it is not rocket science as long as the cost to produce the hardware is cheaper than the btc prices they produce, hardware will continue to be made, which leads to sustained difficulty gaps. And we are VERY FAR from the actual breakeven price for those asic hardware (they cost 3 figures or less not 4 to make).

This is just the tip of the iceberg, as the manufactures get their sh** together to start churning out those 500GH+ hardwares.  Avalon/BFL had a monopoly so they were just fucking around with everyone to control the difficulty, but now they have completely lost control as the flood gate has opened. You got knc churning out miners like no tomorrow, same with bitfury etc..  with a few big players still in the pipe.  Look at avalon now, they changed from 8 months+ delay -> to ship within 48 hours. Do you really think they improved the manufacturing overnight?  no it's all bullshit as they realized the hardware gig is over and try to dump as much as they can before the race to the bottom (breakeven price point) is hit.

The kiddie gloves are off, now all the hardware companies are truly in a race to dump as much hardware as they can before the hardware become unprofitable to sell. Anyone buying hardware nowdays is like trying to jump from 1 jet to another going at mach 10 speed in opposite direction midair, sure you can still land and make money, but just take a look at the difficulty chart first... at <3000TH total this will be a joke with cointerra churning out 2 TH boxes by next year, and everyone else dumping 0.5+ TH.

And cex.io operates on the greater fool theory, 0.1BTC per Gh is way overpriced, but everyone thinks there is a sucker they can sell it to tomorrow hence the price level is maintained until the musical chair stops.

All i can say is good luck.

[Doff]

I am laughing at this (on 2014/11/05 ) 91,637,018,622, You honestly believe it will reach this Number by that date? again lol if you do. If I am wrong then a big ol LOL in general because that's some insane network hashing power to produce that diff.

[buzzdave]

Dave, is there any chance that you will have extra V2 H boards for sale so we can add to our October kits?  I assume the boards that are currently available in the store are V1, correct?  I like to add a couple H boards of both varieties if possible.

I'm going to release V2 H boards at a new price - once we figure out how many we have available (so, after we ship all of October first, and may/may not be in November).  Yes, the boards currently in the store are for V1, however a number of people who ordered additional H-cards with their October starter kits will get the proper H-cards for their M-boards.

Hey Dave,

What are the V2 H boards? Are these the ones without caps, but the rest same as original H-boards?

Thanks

V2 H-boards are the new ones coming with PCI type card edge.  They also have the trim pot.  They only work with V3 M-boards.

Sorry for the version confusion.  The V1 series has an iteration with caps and without.

[spiccioli]

I am laughing at this (on 2014/11/05 ) 91,637,018,622, You honestly believe it will reach this Number by that date? again lol if you do. If I am wrong then a big ol LOL in general because that's some insane network hashing power to produce that diff.

You don't need to reach such a high difficulty to be completely unprofitable on a 6500 USD/450 GH/s rig.

spiccioli

[Doff]

I am laughing at this (on 2014/11/05 ) 91,637,018,622, You honestly believe it will reach this Number by that date? again lol if you do. If I am wrong then a big ol LOL in general because that's some insane network hashing power to produce that diff.

You don't need to reach such a high difficulty to be completely unprofitable on a 6500 USD/450 GH/s rig.

spiccioli

I'm not arguing whether anything will be profitable or not, the diff that he listed was just absurd however. I think too many people want to make 10000 USD or 100 BTC in a month like what they would have when they were first coming out 3 Months ago.

When I first got in to Bitcoin you could buy a 5550 card and you might get ROI in a year, now people are screaming about something that will not ROI in a month. Were hitting that Saturation point like GPUs did where you need to look a lot further out for when you ROI. Not to mention buying an FPGA where they were 650 a unit or more and ROI was nearly Two years out, its funny how things change and suddenly something that can ROI in 6-7 Months is outrageous.

Again I am not arguing what the price of Bitfury machines should be or whether or not these ever ROI I can run calculations just the same as anyone else, however I try to be slightly more realistic with the information I can get.

[mb300sd]

Has anyone received their october rigs yet? The month is ending fast...

[Trongersoll]

Has anyone received their october rigs yet? The month is ending fast...

I got my Oct. H boards yesterday, does that count?

[User705]

I am laughing at this (on 2014/11/05 ) 91,637,018,622, You honestly believe it will reach this Number by that date? again lol if you do. If I am wrong then a big ol LOL in general because that's some insane network hashing power to produce that diff.

If this happens this will be very good for the network as it will become much more resistant to attack.  So I'd like to thank all the buyers of gear for making my coins secure.  Thank you very much.

[davecoin]

Has anyone received their october rigs yet? The month is ending fast...

If you are referring to V3M/V2H kits then no.  I imagine Dave will chime in once he starts shipping.  

I had requested that order #301 from July 18th be held for new version hardware in hopes that I'd have it before the 390M jump. Oops. X_X

[JHenderson]

Has anyone received their october rigs yet? The month is ending fast...

If you are referring to V3M/V2H kits then no.  I imagine Dave will chime in once he starts shipping.  

I had requested that order #301 from July 18th be held for new version hardware in hopes that I'd have it before the 390M jump. Oops. X_X

Has anyone gotten refunds for the October orders? I've been waiting for for 3 weeks.

[frankenmint]

Sorry in advance

Does anyone else flock to this thread specifically to see if Dave has thrown in an update between the other replies?  Did my "wasted" update to this thread cause you to flock here hoping it was Dave too?

[-Redacted-]

Yes.

Does anyone know if there is a way to save a search (for BuzzDave, for example)  in a thread, and save that search as part of a watchlist - so that the thread wouldn't show up on your watchlist unless that particular person posted?

[americandesi]

Yes.

Does anyone know if there is a way to save a search (for BuzzDave, for example)  in a thread, and save that search as part of a watchlist - so that the thread wouldn't show up on your watchlist unless that particular person posted?

What i usually do is bookmark the last posts page of that particular person and visit only his last posts. You can do it from their profile page. (Yours is here : https://bitcointalk.org/index.php?action=profile;u=129075 )

[-Redacted-]

Ahh - thanks.  That seems to work pretty well.

[xstr8guy]

Sorry in advance

Does anyone else flock to this thread specifically to see if Dave has thrown in an update between the other replies?  Did my "wasted" update to this thread cause you to flock here hoping it was Dave too?

Yes.  You bastard!  Lol.

[Swimmer63]

OK - not keeping up with all of this.
I see there are h-boards available on the website.  If I order one, when is the "expected" delivery?

[Keefe]

OK - not keeping up with all of this.
I see there are h-boards available on the website.  If I order one, when is the "expected" delivery?

So h-boards are back in stock with 250 count... where's the shipments?

Wow, I literally hit Save about 30 seconds ago...yes I have a few extra H-cards of the old type that arrived.  Since I don't the M-boards for them, they are only useful for filling out your V1 or V2 M-boards.  Buy them now, and they will ship immediately.

Production is cranking for the next-gen boards, but I haven't received any shipping notifications yet.  I expect to see something in the next day or two...when product is on the way I'll give an update.