Keefe
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December 08, 2013, 08:16:43 AM |
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I see the RedFurys are in stock now, 474 pcs, at $299. I won't criticize the price, since USB stick miners are just expensive collectibles anyway.
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allinvain
Legendary
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Activity: 3080
Merit: 1083
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December 08, 2013, 09:13:33 AM |
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Some scab just bought a v2.2 card.
Not surprised this has happened as there will eventually come a fool knocking. However, it's good to see that since he announced the availability of new stock only 1 v2.2 card sold. It shows that the hashing power fever has subsided a bit.
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superduh
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December 08, 2013, 09:25:56 AM |
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come on. these prices are extremely fucked up! cost is 2x after 2 months. no roi possible you are essentially buying a bitcoin at $1000
feels like a joke. slowly losing respect.
i'm pretty sure that everyone of your customers is slowly losing respect at this insulting offer.
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ok
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fractal02
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December 08, 2013, 11:34:11 AM |
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999 $ ! Waow  What a bargain...and add an M-board if you want a new rig... Is Bitfury the new ASICminer ? Because right now even ASICminer or Avalon hardware look cheaper... And with all the new comers in Hardware (Antminer, HashFast and Cointerra...) This move isn't very smart... We all know that hardware isn't as expensive to produce....1 Bitfury chip for January will be 5$ by reel (think how they cost to build...), pcb cost peanuts... I'm ok that a seller need to reward his work...but this price are insulting. Bitfury was so promising, they raise the level...but at the end they fall like other greedy well known hardware manufacturer. what a pity...
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xstr8guy
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December 08, 2013, 12:54:38 PM |
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Seriously, how naive are you people?! The cost to produce something has virtually nothing to do with the retail price. There's this thing called "supply and demand" that determines the price of everything we buy. If no one is willing to buy something at a particular price, then the price will drop.
But in this market of $60-80 USB Block Erupters (on eBay) there is very little chance that we will see significantly lower prices on miners unless the price of Bitcoin really hits the shitter. If/when that happens companies like Bitfury won't be able to give their stuff away.
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fractal02
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December 08, 2013, 01:00:26 PM |
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Don't bring Ebay price here...
We all know it's irrelevant and pointless. Check competitor price.
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xstr8guy
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December 08, 2013, 01:14:35 PM |
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Don't bring Ebay price here...
We all know it's irrelevant and pointless. Check competitor price.
Yes please go check competitor prices. But only check those companies who are actually shipping miners from stock... not preorders. If you do that you will notice that Bitfury is smack dab in the middle with their pricing. And why aren't eBay prices relevant? It's actually the best indicator of the prices in the free market. You just don't want to acknowledge it because the reality sucks balls. Believe me, I'm not happy about the cost to purchase the current generation of ASICs. But bellyaching about how unfair it is is pointless.
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bkpduke
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December 08, 2013, 02:28:43 PM |
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My quick ROI calculation: 1) Free power (currently available to my miners) 2) BTC increases at a more modest 5% per month 3) Difficulty continues on approximately the same pace we have seen in the past 3 months. 4) I can OC these boards to a modest 30GH/s (my luck getting a STABLE 35GH/s has been poor). http://mining.thegenesisblock.com/a/867974c2e5I make $4 after a year, BEST CASE scenario. I'm bowing out this round, not worth it.
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bclcjunkie
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December 08, 2013, 03:30:09 PM |
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my sentiments exactly... well dave is confident in overpricing these simply because mega doesn't seem to be his priority atm, of course why would he when there's a farm of asics that are making him more money... come on. these prices are extremely fucked up! cost is 2x after 2 months. no roi possible you are essentially buying a bitcoin at $1000
feels like a joke. slowly losing respect.
i'm pretty sure that everyone of your customers is slowly losing respect at this insulting offer.
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allinvain
Legendary
Offline
Activity: 3080
Merit: 1083
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December 08, 2013, 03:30:21 PM |
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Seriously, how naive are you people?! The cost to produce something has virtually nothing to do with the retail price. There's this thing called "supply and demand" that determines the price of everything we buy. If no one is willing to buy something at a particular price, then the price will drop.
But in this market of $60-80 USB Block Erupters (on eBay) there is very little chance that we will see significantly lower prices on miners unless the price of Bitcoin really hits the shitter. If/when that happens companies like Bitfury won't be able to give their stuff away.
There is also something called price gouging. And you should not call _us_ naive. Naive are the people that accept and pay the ebay price. Nay, naive is perhaps not the word; foolish is a better one.
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Soros Shorts
Donator
Legendary
Offline
Activity: 1618
Merit: 1012
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December 08, 2013, 04:15:38 PM |
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Seriously, how naive are you people?! The cost to produce something has virtually nothing to do with the retail price. There's this thing called "supply and demand" that determines the price of everything we buy. If no one is willing to buy something at a particular price, then the price will drop.
But in this market of $60-80 USB Block Erupters (on eBay) there is very little chance that we will see significantly lower prices on miners unless the price of Bitcoin really hits the shitter. If/when that happens companies like Bitfury won't be able to give their stuff away.
I am curious to see who will buy an H-card priced at $999. In the past, I have had the tendency to buy overpriced hardware for the fun factor, but this just doesn't appeal to me. I have an M-board with 8 empty slots and I feel some urge to fill them up. I could spend $8K to fill up these slots. Or I could use the $8K to pre-order 1.4 TH/s worth of Coincraft hardware for end of Feb delivery. I am more inclined to do the latter.
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klondike_bar
Legendary
Offline
Activity: 2184
Merit: 1005
ASIC Wannabe
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December 08, 2013, 05:10:36 PM |
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Seriously, how naive are you people?! The cost to produce something has virtually nothing to do with the retail price. There's this thing called "supply and demand" that determines the price of everything we buy. If no one is willing to buy something at a particular price, then the price will drop.
But in this market of $60-80 USB Block Erupters (on eBay) there is very little chance that we will see significantly lower prices on miners unless the price of Bitcoin really hits the shitter. If/when that happens companies like Bitfury won't be able to give their stuff away.
I am curious to see who will buy an H-card priced at $999. In the past, I have had the tendency to buy overpriced hardware for the fun factor, but this just doesn't appeal to me. I have an M-board with 8 empty slots and I feel some urge to fill them up. I could spend $8K to fill up these slots. Or I could use the $8K to pre-order 1.4 TH/s worth of Coincraft hardware for end of Feb delivery. I am more inclined to do the latter. you could use that 8K to buy two antminer systems = 400GHash and the power consmption is only a little over 2W/GH
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kendog77
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December 08, 2013, 05:51:05 PM |
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Pricing of the new H-cards looks like a blatant cash grab to try to make up some of the money pico stocks lost when some funds from their wallets were stolen. https://bitcointalk.org/index.php?topic=133147.msg3769061#msg3769061I was optimistic about future Bitfury offerings, but it's obvious from the latest pricing that they aren't really interested in selling mining hardware to end users, so I'll stick with Knc. The only good thing about the Dave's latest prices is that they won't sell many units, so it won't impact the difficulty much...
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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December 08, 2013, 05:57:54 PM |
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The only good thing about the Dave's latest prices is that they won't sell many units, so it won't impact the difficulty much...
those units are probably already hashing.
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loshia
Legendary
Offline
Activity: 1610
Merit: 1000
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December 08, 2013, 05:58:37 PM |
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Pricing of the new H-cards looks like a blatant cash grab to try to make up some of the money pico stocks lost when some funds from their wallets were stolen. https://bitcointalk.org/index.php?topic=133147.msg3769061#msg3769061I was optimistic about future Bitfury offerings, but it's obvious from the latest pricing that they aren't really interested in selling mining hardware to end users, so I'll stick with Knc. The only good thing about the Dave's latest prices is that they won't sell many units, so it won't impact the difficulty much... But how much hashing power they will deploy? As long as wafer cost should be low already.
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fractal02
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December 08, 2013, 05:59:14 PM |
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Pricing of the new H-cards looks like a blatant cash grab to try to make up some of the money pico stocks lost when some funds from their wallets were stolen. https://bitcointalk.org/index.php?topic=133147.msg3769061#msg3769061I was optimistic about future Bitfury offerings, but it's obvious from the latest pricing that they aren't really interested in selling mining hardware to end users, so I'll stick with Knc. The only good thing about the Dave's latest prices is that they won't sell many units, so it won't impact the difficulty much... Don't worry about the sell of the H-cards. if they don't sell them...these cards go directly to their mine... ASICminer business model.
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fractal02
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December 08, 2013, 06:10:52 PM |
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And we have 1 sucker customer for the V2 H-card !  On the other side for the old V1 H-cards it's not BlackFriday at wallmart...i don't know why...  
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xstr8guy
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December 08, 2013, 09:01:47 PM |
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Have you read the Technobit thread lately? There's trouble in paradise, it seems.
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xstr8guy
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December 08, 2013, 09:07:05 PM |
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Seriously, how naive are you people?! The cost to produce something has virtually nothing to do with the retail price. There's this thing called "supply and demand" that determines the price of everything we buy. If no one is willing to buy something at a particular price, then the price will drop.
But in this market of $60-80 USB Block Erupters (on eBay) there is very little chance that we will see significantly lower prices on miners unless the price of Bitcoin really hits the shitter. If/when that happens companies like Bitfury won't be able to give their stuff away.
I am curious to see who will buy an H-card priced at $999. In the past, I have had the tendency to buy overpriced hardware for the fun factor, but this just doesn't appeal to me. I have an M-board with 8 empty slots and I feel some urge to fill them up. I could spend $8K to fill up these slots. Or I could use the $8K to pre-order 1.4 TH/s worth of Coincraft hardware for end of Feb delivery. I am more inclined to do the latter. I completely see your logic. I'm at the same place but I'm leaning towards Cointerra instead of CoinCraft. I just get a feeling that CoinCraft is a bit hinky... same with VMC and BlackArrow.
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