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Author Topic: 2GH NinjaStick USB Miner powered by Bitfury  (Read 22550 times)
sva_h4cky0
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August 18, 2013, 09:41:41 AM
 #21

ninjaaaa  Cool

watching
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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August 18, 2013, 09:44:15 AM
 #22

Price needs to be .15 BTC.
It costs more than 0.15 BTC to buy just the chip not including postage, fab etc.

Then I'd say the chip is way too expensive, it has had any markup priced out of it already, just my two satoshis.




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August 18, 2013, 10:25:45 AM
 #23

Interested.

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August 18, 2013, 10:54:15 AM
 #24

Price needs to be .15 BTC.
It costs more than 0.15 BTC to buy just the chip not including postage, fab etc.
Yes, that is a big problem. ;-)
Roger100
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August 18, 2013, 01:00:17 PM
 #25

Cool project, but too pricey.

I'd pay 0.75 for one to dig the mud out my walking boots? Waddya say?
erk
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August 18, 2013, 01:03:48 PM
 #26

At 2BTC that's $113 per GH/s which is a total joke.

Even 1BTC you would be lucky to get any ROI by the time it ships. It needs to sell for less than 1BTC if it can't then don't start the project.

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August 18, 2013, 01:05:26 PM
 #27

Interested. Watch mode.
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August 18, 2013, 01:08:31 PM
 #28

At 2BTC that's $113 per GH/s which is a total joke.

Even 1BTC you would be lucky to get any ROI by the time it ships. It needs to sell for less than 1BTC if it can't then don't start the project.


And this is the first signs of what will happen to NON-USB ASIC's in October or November 2013.

Companies will figure out that their initial designs can't easily overcome pricing restrictions. So they will have to redesign Gen2.1 to be more massively parallel to keep outrunning the difficulty by any meaningful timeframe.

(You heard it here first! Expect many companies to pre-plan, adapt to changing market conditions, or utterly fail and take your money/BTC with them. Spend wisely.)
Tripjammer
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August 18, 2013, 01:55:19 PM
 #29

The block erupters will be at .12 BTC is the next few weeks. This new device should be around .45 @ least 2gh/s to be worthwhile.

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MWNinja (OP)
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August 18, 2013, 03:14:13 PM
 #30

We're doing everything we can to get the price down as low as possible, but please have reasonable expectations as we can't sell them for less than the chips cost, plus theres a bunch of other parts, board, heatsink, and NRE costs that we have to recover.  These small units aren't going to have the world's best ROI, you can only get that promise when you buy $5k worth of vaporware.  Real things in hand cost more than powerpoint slides and renderings. 

Anyhow we are trying to keep a sub $100 price point to give entry level miners some meaningful hashrate.
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August 19, 2013, 12:37:06 PM
 #31

We're doing everything we can to get the price down as low as possible, but please have reasonable expectations as we can't sell them for less than the chips cost, plus theres a bunch of other parts, board, heatsink, and NRE costs that we have to recover.  These small units aren't going to have the world's best ROI, you can only get that promise when you buy $5k worth of vaporware.  Real things in hand cost more than powerpoint slides and renderings. 

Anyhow we are trying to keep a sub $100 price point to give entry level miners some meaningful hashrate.

Hmm, I don't like your comment very much. ASICMINER USB sticks, a real product from a real competitor, is existing competition to your vaporware. Furthermore, and I can't believe this is not obvious, your production costs do not matter to the buyer and should not factor into their expectations.
xjack
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August 19, 2013, 12:42:38 PM
 #32

We're doing everything we can to get the price down as low as possible, but please have reasonable expectations as we can't sell them for less than the chips cost, plus theres a bunch of other parts, board, heatsink, and NRE costs that we have to recover.  These small units aren't going to have the world's best ROI, you can only get that promise when you buy $5k worth of vaporware.  Real things in hand cost more than powerpoint slides and renderings. 

Anyhow we are trying to keep a sub $100 price point to give entry level miners some meaningful hashrate.

Hmm, I don't like your comment very much. ASICMINER USB sticks, a real product from a real competitor, is existing competition to your vaporware. Furthermore, and I can't believe this is not obvious, your production costs do not matter to the buyer and should not factor into their expectations.


At present asicminer USB sticks are 0.9BTC+ per GH.  At 0.5 this is a better deal.

However only time will tell whether roi is possible...

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August 19, 2013, 12:52:01 PM
 #33

Watch  Cool
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August 19, 2013, 12:53:30 PM
 #34

Very interested.
bigbeninlondon
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August 19, 2013, 02:14:13 PM
 #35

We're doing everything we can to get the price down as low as possible, but please have reasonable expectations as we can't sell them for less than the chips cost, plus theres a bunch of other parts, board, heatsink, and NRE costs that we have to recover.  These small units aren't going to have the world's best ROI, you can only get that promise when you buy $5k worth of vaporware.  Real things in hand cost more than powerpoint slides and renderings.  

Anyhow we are trying to keep a sub $100 price point to give entry level miners some meaningful hashrate.

Hmm, I don't like your comment very much. ASICMINER USB sticks, a real product from a real competitor, is existing competition to your vaporware. Furthermore, and I can't believe this is not obvious, your production costs do not matter to the buyer and should not factor into their expectations.


At present asicminer USB sticks are 0.9BTC+ per GH.  At 0.5 this is a better deal.

However only time will tell whether roi is possible...

Right, if you have both options right now.  However, I guarantee that ASICMiner USB Erupters will drop to BTC.1 or less by October, especially in the secondary market.
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August 22, 2013, 12:39:11 AM
 #36

So this means that Bitfury is releasing design documents necessary for creating our own PCB gerbers???  Is anyone working 10x or 16x boards for these bitfurry chips? 
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August 22, 2013, 01:22:40 AM
 #37

0.5BTC/Gh/s in October?

Might be a fun toy ~1btc, but anyone paying 100BTC would be taking a huge risk in their ability to resell them for a profit, and they certainly wouldn't be very worthwhile to use in a big mining op.
ASICMINER has already Fucked people over 4 times and counting with their USB sticks... I think the suckers are getting wise...

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I embrace my inner Kool-Aid.
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August 22, 2013, 01:54:29 AM
 #38

0.5BTC/Gh/s in October?

Might be a fun toy ~1btc, but anyone paying 100BTC would be taking a huge risk in their ability to resell them for a profit, and they certainly wouldn't be very worthwhile to use in a big mining op.
ASICMINER has already Fucked people over 4 times and counting with their USB sticks... I think the suckers are getting wise...

They haven't fucked anyone over. they gave you a price and you paid it. They are the ONLY ones who have been relyable for delivery. They can't save you from your buying practices. When the Playstation 3 first came out how much was it? How many price decreases has their been? You want it first you pay a premium. As time goes on and sales drop they adjusted the price accordingly.


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androz
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August 22, 2013, 02:11:55 AM
 #39



they gave you a price and you paid it

sad but true  Cool

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August 22, 2013, 02:19:12 AM
 #40


You have PM
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