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dbasql
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Activity: 219
Merit: 100
Ethics and Science need to shake hands
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August 19, 2013, 05:18:16 PM |
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CH, Where do we stand as far as power and cooling? Is this about the limit of miners you are considering? I am going to send a bit more if you are going to invest in more miners. DBA
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bitwhizz
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Activity: 910
Merit: 1000
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August 19, 2013, 06:59:50 PM |
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Today, Cointerra announced their first product: a 2 TH/s ASIC bitcoin miner retailing for $15,750, with a forecast shipping date in December.
Can we believe them, so far our combined order of all the units is just over 2 th and we've spent over $40k collectively however this is $16k, a part of me wants to believe it yet another part is telling me that this seems a bit too good to be true
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roy7
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August 19, 2013, 07:28:06 PM |
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The two months makes a big difference though, with difficulty soaring like it is. In the pricing thread about it, people are saying Genesis Block mining estimates for it at that price won't break even.
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DPoS
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August 19, 2013, 08:15:26 PM |
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ASIC mining is turing into the sport of kings. KNC and a few others can probably give a decent ROI but the long run are the chip builders who end up mining themselves. Not sure how outsiders can get into their party since that is why they are outsiders and not insiders....
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piecinitup
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August 19, 2013, 08:50:26 PM |
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Hi
Just Sent 5 BTC
Transaction ID: edfd686099431574c8e3b8e18c698801109965573ae002f8edb4bee740937383-000
Thanks
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https://1broker.com/?r=34050 1broker is the easiest way to trade other markets than crypto using BTC! Copy successful traders or just trade yourself!
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CoinHoarder (OP)
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Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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August 19, 2013, 09:50:21 PM |
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So is this group buy still open to newcomers? I'd be interested to pitch in. Although I won't be able to transfer money until I get home later today.
Yep, sill open. CH, Where do we stand as far as power and cooling? Is this about the limit of miners you are considering? I am going to send a bit more if you are going to invest in more miners. DBA
We have about 3000 watts of equipment ordered, I am placing the limit at 5000 watts. So.. definitely still some room available.
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CoinHoarder (OP)
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In Cryptocoins I Trust
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August 19, 2013, 09:51:18 PM |
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Hi
Just Sent 5 BTC
Transaction ID: edfd686099431574c8e3b8e18c698801109965573ae002f8edb4bee740937383-000
Thanks
I got ya both. Thanks.
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CoinHoarder (OP)
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In Cryptocoins I Trust
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August 19, 2013, 09:55:00 PM Last edit: August 19, 2013, 10:20:44 PM by CoinHoarder |
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Today, Cointerra announced their first product: a 2 TH/s ASIC bitcoin miner retailing for $15,750, with a forecast shipping date in December.
Can we believe them, so far our combined order of all the units is just over 2 th and we've spent over $40k collectively however this is $16k, a part of me wants to believe it yet another part is telling me that this seems a bit too good to be true.
I haven't had a chance to look over CoinTerra's offering yet. I will likely do that in a few moments. At this point I am suggesting we go with whatever is cheaper. Whether that be HashFast/BFL/Cointerra/xCrowd.. I'm not really sure at the moment. Please discuss the options on our forums.
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SoggyLettuce
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August 19, 2013, 10:49:04 PM |
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Also if you haven't looked at it xcrowd launched today and you are able to secure your queue spot in orders.
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roy7
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August 20, 2013, 12:18:26 AM |
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Interesting thing about Xcrowd is 1- refund policy, 2- funds held by John K, 3- price drop if diff too high by ship date.
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CoinHoarder (OP)
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August 20, 2013, 12:44:51 AM |
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Interesting thing about Xcrowd is 1- refund policy, 2- funds held by John K, 3- price drop if diff too high by ship date.
I think the best options as of right now are: xCrowd (good prices, escrow, and miner protection plan) HashFast (decent prices and miner protection plan) Then there is option #3 to wait for Avalon generation 2, which will be a no preorder- immediate delivery option in October/November. I think it would be hard to get burned with this option and I am leaning toward it, however xCrowd/HashFast miner protection plans also make it to where it would be hard to get burned unless they were an outright scam. I started a thread in our forums to discuss these 3 options, please post your opinions. Thanks!
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trout
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August 20, 2013, 02:05:29 AM |
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so are you going to keep this open to order several more TH from xcrowd and cointerra? if so I'd put more coin here rather than joining another group buy
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CoinHoarder (OP)
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August 20, 2013, 02:21:01 AM |
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so are you going to keep this open to order several more TH from xcrowd and cointerra? if so I'd put more coin here rather than joining another group buy
I opened up a topic of discussion for this exact issue on our forums. I am going to read the feedback from current investors and then decide on a plan. As of now the exact plan is not known, so please submit your opinion on our forums so that I can accurately judge the group's majority opinion.
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pitkaran
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August 20, 2013, 05:24:44 AM |
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Have you noticed there has been changes in the European Bitfury sales page http://www.bitfurystrikesback.comIt says now "now accepting orders from all corners of our planet" and prices have been lovered. Theres also a new option for UPS express saver delivery. Havent had a chance to look at the US sales page yet. Edit: No change there yet.
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CoinHoarder (OP)
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August 20, 2013, 05:40:10 AM |
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pitkaran
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August 20, 2013, 05:51:42 AM |
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I think the best options as of right now are: xCrowd (good prices, escrow, and miner protection plan) HashFast (decent prices and miner protection plan)
Then there is option #3 to wait for Avalon generation 2, which will be a no preorder- immediate delivery option in October/November. I think it would be hard to get burned with this option and I am leaning toward it, however xCrowd/HashFast miner protection plans also make it to where it would be hard to get burned unless they were an outright scam.
I started a thread in our forums to discuss these 3 options, please post your opinions. Thanks! I think the focus should be on something that at least promises an October delivery. I think HashFast looks more promising in that aspect.
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pitkaran
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August 20, 2013, 11:46:06 AM |
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I was wondering about the changes in European Bitfury sales page: Here´s an update from Punin: Update
I've added option for UPS Express Saver shipping, and dropped the prices a bit as further october orders will most likely ship in very late october. Those who picked first october orders are likely to receive theirs in very early october, if not september.
Regarding invoices: there was a problem on the site. I will need to send invoices manually. You will get an invoice, don't worry.
I need to sleep now. Shanghai awaits tomorrow. I should have more news for you in about 30 hours. So should we expecting early October delivery?
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trout
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August 20, 2013, 12:07:08 PM |
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I think the focus should be on something that at least promises an October delivery. I think HashFast looks more promising in that aspect.
It seems quite likely that newer 28nm products like cointerra will be useful for a longer period of time and so will bring more BTC longer term.
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