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

[Morblias]

  I am pretty upset right now and I dont know 5 Hboard arent working right.  I got it yesterday.

Are you powering it from 2 different PCI-E cables and not the same cable with 2 PCI-E on the end of it? If you are only using 1 cable from PSU it might not be getting enough power.

[tom99]

  I am pretty upset right now and I dont know 5 Hboard arent working right.  I got it yesterday.

Are you powering it from 2 different PCI-E cables and not the same cable with 2 PCI-E on the end of it? If you are only using 1 cable from PSU it might not be getting enough power.

  I am using 2 cables from psu( 2 cable + and 2 cable ground).   I dont think psu problem and I was testing only one by one 4 of them did same drop to 0 hashrate in about 10 minutes also one DOA hboard.

[xstr8guy]

All of this talk about profitability at $500 per board is fine & dandy but a Bitfury board for immediate shipping is the only game in town.  Although you can still order super inefficient miners from ASICminer and BitSynCom.  So if you still want to increase your hashrate, you can wait for another preorder or you can buy some H Boards.

But yeah, I'd rather pay $300 per board too.

[dben428]

Got my 3 new H-boards today. Unfortunately, I corrupted my SD card (red light only problem on attempted boot). Hoping that a reimage will fix it.

[arorts]

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.

i have not yet gotten my store credit for august delay. push that through and i'll probably buy a board.

however, a price drop to $400 would be appropriate i think. $500 is fairly steep at this point

Agree. Once pre-orders are filled and have in-stock, why are the h-board prices of version 1 not being adjusted and still cost the same as initially announced??? It's only a week from November by the time those cards are delivered anyway. Doesn't make sense. At this point, they must carry around a 70% margin on those cards while the ROI on those cards for miners must be around 10%, if anything. In other words, at a price that neglects reality bitfury is sucking almost every single drop of value both in BTC terms and in relation to other competitive products delivered this month like KNC. I agree their price of those cards shouldn't exceed $400.

The h-boards will now return approximately $300 in their useful lifetime given the recent increase in value of BTC.  Shortly after the first of November, that will have dropped by almost 50%.

Don't say that too loud otherwise they'll even increase the price to $600 without caring about new reality ;-)

Well, the first of November is the same as the end of this week from a difficulty standpoint. (That's assuming they impeccably ship immediately), erasing 40% of your profits as soon as you open the door to the UPS guy, which WAAYYY offsets any temporary BTC volatility gain. Remember the adage "cash is king"? Well, in the BTC world difficulty is king and will always trump any BTC growth.

As long as there are mining profits, difficulty will continue to grow at not at 30% but at 40% or 45% per jump which we are about to witness. Hence, only suckers will buy any existing h-board inventory at $500. Sure, they are "the only available in-hand stock play in town" but who cares if they are draining every single drop of your blood anyway.

Do you honestly think the immense price drop from $23.5 to $8k for 400 gh kits in only 2 months was really only based on recovering overhead and fixed cost and achieving economies of scale? That initial price was fundamentally based on how much they could take from your profits. They had limited manufacturing capacity so it's not like they could have sold more if they had offered lower prices, hence it's not like "other miners would have taken your profits anyway" as the typical argument some sputter.
 

[tom99]

Dave I need to do RMA for 5Hboards and what is  email send to for RMA?

[frankenmint]

no news = bad news.  I wish I got v1 hw with m-boards to actually have a unit to hash with in october.  This is the equivalent to recieving my unit at minium 7-10 days from now.  If you guys can't send it, I'd want my refund on OVN shipping except you'd refund me at the going rate and I would literally only be given a single bitcoin for a peice of hardware that costed me 1.5 btc in shipping.  OK im off my soapbox.

[arorts]

no news = bad news.  I wish I got v1 hw with m-boards to actually have a unit to hash with in october.  This is the equivalent to recieving my unit at minium 7-10 days from now.  If you guys can't send it, I'd want my refund on OVN shipping except you'd refund me at the going rate and I would literally only be given a single bitcoin for a peice of hardware that costed me 1.5 btc in shipping.  OK im off my soapbox.

When you buy with bitcoins you are essentially selling them.  So make sure you buy the corresponding number of bitcoins.
When you get a refund you are essentially buying bitcoins.  So sell the corresponding amount.
That way your loss will be minimal.

Ok, now 400M diff is coming up in 2-3 days so you better be ready.  When the pricing for October H-boards was first announced at $350, the difficulty was what? 25-50M?  I don't remember the exact numbers.  But I do remember people on this forum projected 100M to 200M by the end of October.  Those people were flammed, others called them crazy.  

Than after August sold out in hours, the price was jacked up to $500.  But going by what they are really worth, they should be in the $50-$100 range for mining to be marginally profitable.

The problem is that the network is growing faster than anybody anticipated. Today, many believe that network WILL NOT continue on its path up.  Well, guess what, it most likely will.  It will flatten out at some point.  When?  

When everybody and their mother will think it will never flatten out.

Lol. YEs, the only company that increased prices with increased difficulty for those specific cards! Go figure!. Bitfury should stop sucking all miners gains and they should only care about keeping a reasonable USD margin. That's what their business model should be. An engineer friend of mine who works at Intel just saw one of my h-boards a few minutes ago and told me there's no way the marginal cost of that card is more than $100. It's a complete rip off for dummies.

[Trongersoll]

no news = bad news.  I wish I got v1 hw with m-boards to actually have a unit to hash with in october.  This is the equivalent to recieving my unit at minium 7-10 days from now.  If you guys can't send it, I'd want my refund on OVN shipping except you'd refund me at the going rate and I would literally only be given a single bitcoin for a peice of hardware that costed me 1.5 btc in shipping.  OK im off my soapbox.

When you buy with bitcoins you are essentially selling them.  So make sure you buy the corresponding number of bitcoins.
When you get a refund you are essentially buying bitcoins.  So sell the corresponding amount.
That way your loss will be minimal.

Ok, now 400M diff is coming up in 2-3 days so you better be ready.  When the pricing for October H-boards was first announced at $350, the difficulty was what? 25-50M?  I don't remember the exact numbers.  But I do remember people on this forum projected 100M to 200M by the end of October.  Those people were flammed, others called them crazy.  

Than after August sold out in hours, the price was jacked up to $500.  But going by what they are really worth, they should be in the $50-$100 range for mining to be marginally profitable.

The problem is that the network is growing faster than anybody anticipated. Today, many believe that network WILL NOT continue on its path up.  Well, guess what, it most likely will.  It will flatten out at some point.  When?  

When everybody and their mother will think it will never flatten out.

Lol. YEs, the only company that increased prices with increased difficulty for those specific cards! Go figure!. Bitfury should stop sucking all miners gains and they should only care about keeping a reasonable USD margin. That's what their business model should be. An engineer friend of mine who works at Intel just saw one of my h-boards a few minutes ago and told me there's no way the marginal cost of that card is more than $100. It's a complete rip off for dummies.

Ask your friend about Intel's pricing model. or, any other company producing a product.

[Syke]

Is it intentionally that the new V1 h-boards are missing components?

[Trongersoll]

Is it intentionally that the new V1 h-boards are missing components?

Those must be the capcitors that were removed. It is mentioned in this thread.

[tom99]

Is it intentionally that the new V1 h-boards are missing components?

  caps get very hot that why removed it.

[-Redacted-]

But notice my observation about cards with and without caps here:  https://bitcointalk.org/index.php?topic=287590.msg3390730#msg3390730

[arorts]

no news = bad news.  I wish I got v1 hw with m-boards to actually have a unit to hash with in october.  This is the equivalent to recieving my unit at minium 7-10 days from now.  If you guys can't send it, I'd want my refund on OVN shipping except you'd refund me at the going rate and I would literally only be given a single bitcoin for a peice of hardware that costed me 1.5 btc in shipping.  OK im off my soapbox.

When you buy with bitcoins you are essentially selling them.  So make sure you buy the corresponding number of bitcoins.
When you get a refund you are essentially buying bitcoins.  So sell the corresponding amount.
That way your loss will be minimal.

Ok, now 400M diff is coming up in 2-3 days so you better be ready.  When the pricing for October H-boards was first announced at $350, the difficulty was what? 25-50M?  I don't remember the exact numbers.  But I do remember people on this forum projected 100M to 200M by the end of October.  Those people were flammed, others called them crazy.  

Than after August sold out in hours, the price was jacked up to $500.  But going by what they are really worth, they should be in the $50-$100 range for mining to be marginally profitable.

The problem is that the network is growing faster than anybody anticipated. Today, many believe that network WILL NOT continue on its path up.  Well, guess what, it most likely will.  It will flatten out at some point.  When?  

When everybody and their mother will think it will never flatten out.

Lol. YEs, the only company that increased prices with increased difficulty for those specific cards! Go figure!. Bitfury should stop sucking all miners gains and they should only care about keeping a reasonable USD margin. That's what their business model should be. An engineer friend of mine who works at Intel just saw one of my h-boards a few minutes ago and told me there's no way the marginal cost of that card is more than $100. It's a complete rip off for dummies.

Ask your friend about Intel's pricing model. or, any other company producing a product.

Yup, I did and ... told me it's more cost-based, it's an entirely different industry not aimed to generate miner utility AND they don't normally inflate prices 190% relative to 2 months later. But if you think paying $500 is a fantastic deal go for it. They are still the same number of boards available as yesterday. I guess that should tell you something about the attractiveness of that deal ;-)

[rpg]

no news = bad news.  I wish I got v1 hw with m-boards to actually have a unit to hash with in october.  This is the equivalent to recieving my unit at minium 7-10 days from now.  If you guys can't send it, I'd want my refund on OVN shipping except you'd refund me at the going rate and I would literally only be given a single bitcoin for a peice of hardware that costed me 1.5 btc in shipping.  OK im off my soapbox.

When you buy with bitcoins you are essentially selling them.  So make sure you buy the corresponding number of bitcoins.
When you get a refund you are essentially buying bitcoins.  So sell the corresponding amount.
That way your loss will be minimal.

Ok, now 400M diff is coming up in 2-3 days so you better be ready.  When the pricing for October H-boards was first announced at $350, the difficulty was what? 25-50M?  I don't remember the exact numbers.  But I do remember people on this forum projected 100M to 200M by the end of October.  Those people were flammed, others called them crazy.  

Than after August sold out in hours, the price was jacked up to $500.  But going by what they are really worth, they should be in the $50-$100 range for mining to be marginally profitable.

The problem is that the network is growing faster than anybody anticipated. Today, many believe that network WILL NOT continue on its path up.  Well, guess what, it most likely will.  It will flatten out at some point.  When?  

When everybody and their mother will think it will never flatten out.

Lol. YEs, the only company that increased prices with increased difficulty for those specific cards! Go figure!. Bitfury should stop sucking all miners gains and they should only care about keeping a reasonable USD margin. That's what their business model should be. An engineer friend of mine who works at Intel just saw one of my h-boards a few minutes ago and told me there's no way the marginal cost of that card is more than $100. It's a complete rip off for dummies.

Ask your friend about Intel's pricing model. or, any other company producing a product.

Yup, I did and ... told me it's more cost-based, it's an entirely different industry not aimed to generate miner utility AND they don't normally inflate prices 190% relative to 2 months later. But if you think paying $500 is a fantastic deal go for it. They are still the same number of boards available as yesterday. I guess that should tell you something about the attractiveness of that deal ;-)

it's a pleasure to watch all of these ripoff artists eat their own asic boards. Enough of laughing on their way to the bank

[erk]

They will not eat them.  Leszek or whatever his name is, is getting them at $25 or less so he'll run them, Dave will host the shit for him.
You think they want to sell retail?  They priced it so that it is worthwhile their time to even bother.  They are busy producing them, setting them up, maintaining them.  Retail is a side show.

Yeah, that's always been a problem with Bitfury, their sales outlets compete against their customers. That's just wrong, it's really cowboy stuff.

[jimrome]

But notice my observation about cards with and without caps here:  https://bitcointalk.org/index.php?topic=287590.msg3390730#msg3390730

I haven't noticed that problem myself, running 7 original boards with 8 "new" boards in one rig right now..  Very stable.

[tom99]

But notice my observation about cards with and without caps here:  https://bitcointalk.org/index.php?topic=287590.msg3390730#msg3390730

I haven't noticed that problem myself, running 7 original boards with 8 "new" boards in one rig right now..  Very stable.

   You got lucky and I did not get lucky ordered 5 Hboards.  I got one dead and 4 other shut off about 10 minutes and get very hot.

[jimrome]

But notice my observation about cards with and without caps here:  https://bitcointalk.org/index.php?topic=287590.msg3390730#msg3390730

I haven't noticed that problem myself, running 7 original boards with 8 "new" boards in one rig right now..  Very stable.

   You got lucky and I did not get lucky ordered 5 Hboards.  I got one dead and 4 other shut off about 10 minutes and get very hot.

Tom: I got 17 H-Boards, and not a dud amongst them - sorry about your luck. You email Dave or any of the other megabigpower email addresses?

[tom99]

But notice my observation about cards with and without caps here:  https://bitcointalk.org/index.php?topic=287590.msg3390730#msg3390730

I haven't noticed that problem myself, running 7 original boards with 8 "new" boards in one rig right now..  Very stable.

   You got lucky and I did not get lucky ordered 5 Hboards.  I got one dead and 4 other shut off about 10 minutes and get very hot.

Tom: I got 17 H-Boards, and not a dud amongst them - sorry about your luck. You email Dave or any of the other megabigpower email addresses?

  I did Email to accounts@ then Kate will let Yvonne and she will RMA for replace.