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

[superduh]

when you half price the equipment it will give other people opportunity to roi. unless they *are* half priced no point in selling them since you'd knowingly be selling it to people when they have 0 chance of making roi

[Keefe]

Don't expect half-price H-boards or rigs to appear on the store any time soon.  Tytus and I are not believers in the endless-doubling of difficulty theory promoted by sites like TGB.  We'll mine our own equipment before we fire sale hardware.

The competition will soon put you out of business as a hardware seller, if it hasn't already, regardless of what happens to difficulty, unless you drop your prices alot in the next month or two.

BTW, will you ever port the improved chainminer back to v1 M-boards?

[Jutarul]

Hi all - I've been in contact with the factory early this morning.  They are making 1000's of boards and shipping in earnest next week.  We will be *very* busy building, testing and shipping rigs to you.  Please don't knock me for not camping on the forum thread for the next two weeks.  I'll do my best.

Don't expect half-price H-boards or rigs to appear on the store any time soon.  Tytus and I are not believers in the endless-doubling of difficulty theory promoted by sites like TGB.  We'll mine our own equipment before we fire sale hardware.

I am making USB miners, which should show up before the end of the month.

Regards,
Dave

The main reason to apply a discount is to accommodate unanticipated ROI failures of previous customers in order to salvage the customer relationships. New customers have a blank balance sheet. As such, as long as new customers line up, the company has no incentive to replenish their customer stock, unless they also want to avoid building a reputation for bankrupting their customers.

[Dagger75]

Hi all - I've been in contact with the factory early this morning.  They are making 1000's of boards and shipping in earnest next week.  We will be *very* busy building, testing and shipping rigs to you.  Please don't knock me for not camping on the forum thread for the next two weeks.  I'll do my best.

Don't expect half-price H-boards or rigs to appear on the store any time soon.  Tytus and I are not believers in the endless-doubling of difficulty theory promoted by sites like TGB.  We'll mine our own equipment before we fire sale hardware.

I am making USB miners, which should show up before the end of the month.

Regards,
Dave

Well we damn well know that Difficulty will sure be doubling for the next 3-4 months with the shit-ton of new 28nm ASICs coming out and https://ghash.io/ adding 100TH/s++ every Difficulty change!!

Just by adding all the unshipped  pre-orders from BFL, Bitfury, Hashfast, KnC, CoinTerra, VMC, Bitmine.ch, Black Arrow, ....(you get the idea)...the Difficulty will be 4X-5X what it is now atleast.  Then you have all these and other companies selling their ASIC Chips to Groupbuys and all sorts of other neato projects and Resellers to add to that and it's not slowing down anytime soon...just increasing through the Winter of 2014.

From now on there will probably be no profit for 99% of miners paying over $3/GH/s as the only ones making money are the Asic Companies and resellers.  I think most people are now becoming aware of this fact and it is certainly advantageous (IMO) to sell In-Stock gear for Half-Price now and get the Customers who want to support you and Bitfury then to have them at Current prices and risk selling very few in the next couple of months and be stuck with gear that can never ROI even at 1/3 price.

The pre-order Asic market is massively oversold due to the precedent BFL has set.  It's gonna be a messy 2014 for Bitcoin miners to be sure and whatever the outcome is, it will certainly be an interesting one.  I just don't want the Small/Hobby Miners, that are Central to the Bitcoin Network, to be screwed over in the process and Hate Bitcoin because of a few greedy/unscrupulous Companies.

[klondike_bar]

i think the doubling every month will continue until mid-janruary, at which point the market/blockchain will be so full of hardware that even filling preorders like cointerra wont have the massive hit to difficulty like right now.

that said, i really want to see some better pricing on h-boards next month. for 30-35GH operation, 2.5BTC is fair for november 15th delivery

[Keefe]

Hi all - I've been in contact with the factory early this morning.  They are making 1000's of boards and shipping in earnest next week.  We will be *very* busy building, testing and shipping rigs to you.  Please don't knock me for not camping on the forum thread for the next two weeks.  I'll do my best.

Don't expect half-price H-boards or rigs to appear on the store any time soon.  Tytus and I are not believers in the endless-doubling of difficulty theory promoted by sites like TGB.  We'll mine our own equipment before we fire sale hardware.

I am making USB miners, which should show up before the end of the month.

Regards,
Dave

The main reason to apply a discount is to accommodate unanticipated ROI failures of previous customers in order to salvage the customer relationships. New customers have a blank balance sheet. As such, as long as new customers line up, the company has no incentive to replenish their customer stock, unless they also want to avoid building a reputation for bankrupting their customers.

New customers aren't exactly lining up for more Bitfury hardware at current prices. Did you notice that the qty in stock in the webstore has been static for a while?

[Jutarul]

...
The main reason to apply a discount is to accommodate unanticipated ROI failures of previous customers in order to salvage the customer relationships. New customers have a blank balance sheet. As such, as long as new customers line up, the company has no incentive to replenish their customer stock, unless they also want to avoid building a reputation for bankrupting their customers.

New customers aren't exactly lining up for more Bitfury hardware at current prices. Did you notice that the qty in stock in the webstore has been static for a while?

That would imply that Tytus operates on a false premise.

[superduh]

i think the doubling every month will continue until mid-janruary, at which point the market/blockchain will be so full of hardware that even filling preorders like cointerra wont have the massive hit to difficulty like right now.

that said, i really want to see some better pricing on h-boards next month. for 30-35GH operation, 2.5BTC is fair for november 15th delivery

with bitcoins being $150+ 2.5 btc doesn't look good at all.
it's better to just buy the btc, seriously. to *make ROI* and more at todays rate the hboard shipping in nov should be $200USD or less

[Xian01]

with bitcoins being $150+ 2.5 btc doesn't look good at all.
it's better to just buy the btc, seriously. to *make ROI* and more at todays rate the hboard shipping in nov should be $200USD or less

 It's wrapping back around to the GPU days, where the only way to make profit is to spend fiat to buy mining hardware (ASICs, in this case).

 It does not seem to make sense to spend Bitcoins to purchase Bitcoin mining hardware any more (and arguably for some time now)

EDIT: Fuck Capt. Hindsight.

[Swimmer63]

Mine your own equipment - certainly your right and I'm guessing the smart thing to do.
But then you should have never sold starter kits. You just piss people off by making them impossible to complete with cards.  I'm not sure what portion of the economic model you and your partners don't believe in.  But I understand the one where I give you $500 and for the privilege of mining about $250 worth of coin.  That's not a good model for me.  I would not mind break even.  But this model is broke.

[klondike_bar]

my h-board just arrived, and fedex lady took off without asking for $31.20 in taxes/duties!

ramping up to speed now, card looks good but who/whatever aligns the big dc power cube on the board did an amazingly bad job - its skewed at about a 20 degree angle. still totally functional, but visibly off-angle

[goxed]

my h-board just arrived, and fedex lady took off without asking for $31.20 in taxes/duties!

ramping up to speed now, card looks good but who/whatever aligns the big dc power cube on the board did an amazingly bad job - its skewed at about a 20 degree angle. still totally functional, but visibly off-angle

ahh do you mean the inductor? They are all  properly aligned on my boards. The only unaligned components in my board are some capacitors.

[dben428]

Received a shipment notification from FedEx.

I have one H-board as order #20x, and two H-boards as order #35x. I'm wondering if they were shipped together (no update yet in MBP order history).

[-Redacted-]

Received a shipment notification from FedEx.

I have two H-boards as order 25x, and one H-board as order 34x.  Don't know if they were shipped together - no update in MBP order history yet.

[Xian01]

That's kick-ass. Great to see stuff flowing out !

[klondike_bar]

seems that without direct airflow on my slot 1 card, 41GH speeds cannot be maintained. ive tuned it back to 34.5GH for now, and have the new card running nicely at 30GH (tweaking soon to come)

update: now at 36Gh and 35GH each respectively

[Ridicuss]

H-board order #225 shipped. Notified by MBP. 
 

[Keefe]

I just received order 17x (8 H-boards), and they're doing an average noncerate of ~29 GH each at the moment. I haven't overvolted them yet.

Thanks Dave!

[dben428]

Received a shipment notification from FedEx.

I have one H-board as order #20x, and two H-boards as order #35x. I'm wondering if they were shipped together (no update yet in MBP order history).

Update: Email from MBP - they were in fact shipped together. Thanks Team MBP.

[-Redacted-]

Received a shipment notification from FedEx.

I have two H-boards as order 25x, and one H-board as order 34x.  Don't know if they were shipped together - no update in MBP order history yet.

Update here as well - via the MBP site.  They were shipped together, along with order #406, #413, and #496.

Thanks Dave and thanks to your whole MBP team.

-R-