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

[User705]

All these points are likely true but it isn't a 2000% difference.  It wouldn't surprise me if most orders of bitfury will likely see the same results as most purchasers of AM hardware.  The better a deal looks the more people will buy.  The more people will buy the worse it becomes.  Also if they can't sell for more then it would mine they can simply deploy to their farm.

Actually, AsicMiner has shown there really is almost no risk.

The forum is full of fools who will pay over 2000% for AM hardware and not even realise they will make a BTC loss mining with it.
i.e. pay AM up front the entire amount of BTC (or in most cases more) then AM themselves could get mining with the hardware they sell.
Seriously, it's a unbelievable situation AM is in.

Dave's cards are USB and once they are easy to use (nudge, nudge) all the fools buying AsciMiner hardware would switch to these boards since they are a higher hash rate, lower power per GH, and not priced to lose BTC for the buyer ... yet.
The only risk that could be seen in the near future would be other people making BitFury boards.

The same AM USBs you can now buy for 0.17BTC or less, were sold initially for around 1.9BTC
My guess they are still over 100% mark up ... times 20, gives at least 2000% that literally many thousands of these were sold at that price
No they are not 2000% now, but they were almost certainly that or more initially.

save this post and get back to it a few months later and we'll see how smart you think bitfury purchases will be.

[User705]

Aren't they already 50% less from initial per-order price?

[superduh]

let me put it another way - the very LIKELY scenario -
anyone who paid for asics using BTC except for batch 1 avalons will likely never ROI in btc
this goes for pretty much anything out now and coming about.
the miner protection programs are interesting though - at least they kind of guarantee ROI to get your btc back

[Sitarow]

let me put it another way - the very LIKELY scenario -
anyone who paid for asics using BTC except for batch 1 avalons will likely never ROI in btc
this goes for pretty much anything out now and coming about.
the miner protection programs are interesting though - at least they kind of guarantee ROI to get your btc back

In other words if you like trying out new tech then by all means buy ASIC hardware. However know full well that the BTC quantity you used when ordering will most likely not be returned to you in full when mining with the hardware.

At least that is the present pricing model.

[AussieHash]

let me put it another way - the very LIKELY scenario -
anyone who paid for asics using BTC except for batch 1 avalons will likely never ROI in btc
this goes for pretty much anything out now and coming about.
the miner protection programs are interesting though - at least they kind of guarantee ROI to get your btc back

It's not so easy to ROI in bitcoins even for Avalon batch1/2 purchasers.
http://cointext.com/bitcoin-mining-profitability-an-example/
Net wallet +0.45btc excluding $1400 costs

[xstr8guy]

Bitfury prices are just as high as AM so I'm not sure who are these fools you speak of.

I'm missing something, explain to me how this statement is true.

hmm let's see 25gh for $1300 or 2.5 blades for about 10btc.  That's current price on website I'm not sure if it was more months ago when you preordered.  Wasn't 400Gh $20k which is basically the same as 40 blades or approximately 16-20btc  Also I see plenty of people having issues with build quality with bitfury so a 2nd hand BFL unit is probably better.  Yes power consumption is better which is probably not a consideration for most miners although it should be in the long run which might be offset by better build quality.

Don't forget, after the starter kit, additional H boards only cost $500 per 25GH/s.  No one else is delivering miners right now for less.

[xstr8guy]

let me put it another way - the very LIKELY scenario -
anyone who paid for asics using BTC except for batch 1 avalons will likely never ROI in btc
this goes for pretty much anything out now and coming about.
the miner protection programs are interesting though - at least they kind of guarantee ROI to get your btc back

Doesn't anyone ever consider the resale market in ROI calculation? Only the last guy in line, left holding the hot potatoe/obsolete ASIC/FPGA/GPU gets screwed.  Lol.

[spiccioli]

It's not so easy to ROI in bitcoins even for Avalon batch1/2 purchasers.
http://cointext.com/bitcoin-mining-profitability-an-example/
Net wallet +0.45btc excluding $1400 costs

Those counts are screwed by two batch 3 units at 101 BTCs each.

Avalon batch 1 and 2 did completely break-even and are now positive.

spiccioli

[AussieHash]

It's not so easy to ROI in bitcoins even for Avalon batch1/2 purchasers.
http://cointext.com/bitcoin-mining-profitability-an-example/
Net wallet +0.45btc excluding $1400 costs

Those counts are screwed by two batch 3 units at 101 BTCs each.

Avalon batch 1 and 2 did completely break-even and are now positive.

The first hit is for free....

[superduh]

let me put it another way - the very LIKELY scenario -
anyone who paid for asics using BTC except for batch 1 avalons will likely never ROI in btc
this goes for pretty much anything out now and coming about.
the miner protection programs are interesting though - at least they kind of guarantee ROI to get your btc back

Doesn't anyone ever consider the resale market in ROI calculation? Only the last guy in line, left holding the hot potatoe/obsolete ASIC/FPGA/GPU gets screwed.  Lol.

people shouldn't have to depend on making money solely off the stupidity of the next person. i understand what you're saying but i think the prices have come down quite a bit since the early BFL preorder days of ebay

[aspeer]

let me put it another way - the very LIKELY scenario -
anyone who paid for asics using BTC except for batch 1 avalons will likely never ROI in btc
this goes for pretty much anything out now and coming about.
the miner protection programs are interesting though - at least they kind of guarantee ROI to get your btc back

Doesn't anyone ever consider the resale market in ROI calculation? Only the last guy in line, left holding the hot potatoe/obsolete ASIC/FPGA/GPU gets screwed.  Lol.

hahaha I always want to comment this but shhhhhh.... dont let them know.

[creativex]

Dave, I submitted an order 8 August and requested CC payment. Since banks are being meanies and won't let you guys conduct business, how can I go about paying for that order via BTC? LMK.

Cheers.

[-Redacted-]

I've already done this for a number of orders.  Email them  (sales@megabigpower.com) with the order number you want to convert over.  Kat will send you a BitPay invoice in a day or two.

[creativex]

Thanx dood.

[jimrome]

I just wanted to thank Dave and Yvonne for their excellent customer service. They are swamped, but still taking the time to provide customer support.

Thanks, and great job

[E]

It's not so easy to ROI in bitcoins even for Avalon batch1/2 purchasers.
http://cointext.com/bitcoin-mining-profitability-an-example/
Net wallet +0.45btc excluding $1400 costs

Those counts are screwed by two batch 3 units at 101 BTCs each.

Avalon batch 1 and 2 did completely break-even and are now positive.

spiccioli

Yes, my Batch 2 didn't show up until June 2x and it is already at breakeven+35% in BTC terms (75 BTC to purchase, 101.5 generated net of electricity).

[mo_mo]

For the people who didn't get there August starter kit? when will the btc be distributed to us? thnks

[vs3]

Dave - we see new (September) chips pricing announced on the EU web site. Is a similar change coming to the US site as well?

Or are the new chips only going to be available via the EU one? Also, the EU lists pricing for reels only - the old 10chips option was a nice one for small orders. Is something like that going to be available again? (or something in vicinity of 100 chips eventually)

How about October pricing?

[americandesi]

For the people who didn't get there August starter kit? when will the btc be distributed to us? thnks

After your order is shipped.

@Dave : Any updates on the shipping status of August Starter kits. It has been almost a week since you informed us that there is a shortage of M-Boards.
Have you received the M-boards yet. If not, can we expect something next week atleast.?

It is almost mid September.

Please update the status of the outstanding orders at the earliest.

[xstr8guy]

I know quite a few people who bought multiple starter kits and have extra M boards sitting unused.  We should have a send-back option for buyers with extra M boards.  We could ship them back to Dave and he could send them back out with H boards for the unshipped August Starter kits.

I'll have an extra M board coming from an Ebay auction I just won.  I'd be happy to send it back to Dave so someone else could get their Starter kit.

Community!