[Poll] Burnins BitFury miner

[iikun]

Can we get a price breakdown?
Bitfury chips are worth ~ 360 eur/ board.
If the bitburner board costs about ~150 eur to be produced, components & shipping & profit included, why the hell does this cost two times as much.
Seriously...

Bitfurystrikesback:
http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/
16,25€/GH

ASIC HARDWARE:
https://www.asic-hardware.com/product/bitburner-fury-complete-system/
10,74€/GH

I am really disappointed of ASIC manufacturer, each new product comes out to suck out the blood of miners, you could lower your price and sell larger quantity, and you would make the same profit. but each time you aim on making a hell out of miners, you do realize that the last few months miners suffered the most with this pre-order scheme, and delaying not delivering tragedy.

I suggest you to study your prices again, and make a better offer that serve both parties.  

+1  

You're dragging Burnin's good name through the mud with this.  You gave order holders unannounced 24hr notice to change their orders over & pay on a non-ROI'ing system...now you have 24hrs to change your mind on sucking the blood of the people who wanted to stick with Burnin and support him or face mass refund requests.

And for the record, eraziel asked for a breakdown, not a comparison with a system I doubt any of us are actually considering as of today. I guess you must be too ashamed to write your margin.

[chirale]

Many people asked (and obtained) Avalon chips refunded because of clear issues with the ROI, and we all know how good is http://mining.thegenesisblock.com/ to understand the current situation in term of difficulty increase (sadly...).

If we consider the costs and the mining potential of the new burning project and we stick them in the genesis block this is what comes out...is this correct?

http://mining.thegenesisblock.com/a/d5f045682e

This is not a critic, I think this a realistic view of the current situation. I genuinely think that burnin and Cryptx are doing their best in reducing the costs, but delivering a competitive product at this stage is very very difficult if you don't produce the chips!!

assuming they will work on 80Gh/s and you did choose  October, so you have to cut the first week off and assuming that diff factor will rise only 83% a month.... there you did put the best scenario ever 

I know... I was trying to be optimistic...

[mmitech]

Many people asked (and obtained) Avalon chips refunded because of clear issues with the ROI, and we all know how good is http://mining.thegenesisblock.com/ to understand the current situation in term of difficulty increase (sadly...).

If we consider the costs and the mining potential of the new burning project and we stick them in the genesis block this is what comes out...is this correct?

http://mining.thegenesisblock.com/a/d5f045682e

This is not a critic, I think this a realistic view of the current situation. I genuinely think that burnin and Cryptx are doing their best in reducing the costs, but delivering a competitive product at this stage is very very difficult if you don't produce the chips!!

Can you clarify the use of 9 BTC as "Cost of Hardware"?

he is right, the cost of hardware without shipping is 8.5 BTC at the moment, add shipping and you get 9.25BTC

[eraziel]

This is a not-so-optimistic calculation, but still on the optimistic side: http://mining.thegenesisblock.com/a/313b4a0fac

So you might get about 0.5 btc over your initial 9btc investment...
I'm not sure how is this supposed to make me want to go for it...

[cryptx]

Many people asked (and obtained) Avalon chips refunded because of clear issues with the ROI, and we all know how good is http://mining.thegenesisblock.com/ to understand the current situation in term of difficulty increase (sadly...).

If we consider the costs and the mining potential of the new burning project and we stick them in the genesis block this is what comes out...is this correct?

http://mining.thegenesisblock.com/a/d5f045682e

This is not a critic, I think this a realistic view of the current situation. I genuinely think that burnin and Cryptx are doing their best in reducing the costs, but delivering a competitive product at this stage is very very difficult if you don't produce the chips!!

Can you clarify the use of 9 BTC as "Cost of Hardware"?

he is right, the cost of hardware without shipping is 8.5 BTC at the moment, add shipping and you get 9.25BTC

Including VAT this is correct.

[iikun]

This is a not-so-optimistic calculation, but still on the optimistic side: http://mining.thegenesisblock.com/a/313b4a0fac

So you might get about 0.5 btc over your initial 9btc investment...
I'm not sure how is this supposed to make me want to go for it...

I agree that's probably about right. Also have to remember that this calculation is from very start of Oct, but boards will take around a week to arrive I would say, so starting to mine will be mid-Oct.

I think the loss of 20% of the Bitburner board cost (70% -> 50%) & just play with my BTC is a much safer option, at least I wouldn't have to worry about other manufacturers potentially destroying my ROI in a month or so. I really wanted to support Burnin after all he's done, but this is a bit much.

[mmitech]

This is a not-so-optimistic calculation, but still on the optimistic side: http://mining.thegenesisblock.com/a/313b4a0fac

So you might get about 0.5 btc over your initial 9btc investment...
I'm not sure how is this supposed to make me want to go for it...

to be honest this is the most close to reality scenario if we include the hardware coming online in October, i will exclude KNC as there is no prove of a working hardware, I will try to speculate about bitfiry only

http://mining.thegenesisblock.com/a/313b4a0fac


I add shipping costs and PSU cost to run these boards, forget about the Raspberry PI because it i so cheap so I didn't add that , a 100% difficulty rise a months still looks optimistic

[ScaryHash]

So does this work with CGminer?

Or is there some custom miner that you have to use?

Thinking about ordering a couple.

[mmitech]

Many people asked (and obtained) Avalon chips refunded because of clear issues with the ROI, and we all know how good is http://mining.thegenesisblock.com/ to understand the current situation in term of difficulty increase (sadly...).

If we consider the costs and the mining potential of the new burning project and we stick them in the genesis block this is what comes out...is this correct?

http://mining.thegenesisblock.com/a/d5f045682e

This is not a critic, I think this a realistic view of the current situation. I genuinely think that burnin and Cryptx are doing their best in reducing the costs, but delivering a competitive product at this stage is very very difficult if you don't produce the chips!!

Can you clarify the use of 9 BTC as "Cost of Hardware"?

he is right, the cost of hardware without shipping is 8.5 BTC at the moment, add shipping and you get 9.25BTC

Including VAT this is correct.

yes, that is right, sadly 90% of miners don't have companies to skip paying VAT, and big players wont buy this hardware, they aim for larger and cheaper and better for their mining operation, so you are selling these boards to end customers like me who cant afford that kind of loss

[chirale]

Many people asked (and obtained) Avalon chips refunded because of clear issues with the ROI, and we all know how good is http://mining.thegenesisblock.com/ to understand the current situation in term of difficulty increase (sadly...).

If we consider the costs and the mining potential of the new burning project and we stick them in the genesis block this is what comes out...is this correct?

http://mining.thegenesisblock.com/a/d5f045682e

This is not a critic, I think this a realistic view of the current situation. I genuinely think that burnin and Cryptx are doing their best in reducing the costs, but delivering a competitive product at this stage is very very difficult if you don't produce the chips!!

Can you clarify the use of 9 BTC as "Cost of Hardware"?

No problem. I put together hardware and shipping costs.

1 bitburner fury €857.89 (incl. VAT) + shipping € 37.51 (incl. VAT)= €895.40 (Includes €155.40 VAT)

Paying via bitpay (current exchange rate 1BTC = 94.0128 EUR), therefore:

Cost in bitcoin paying via bitpay:     895.40/94.0128= 9.524BTC (9 BTC was actually optimistic)

[RoadStress]

Can we get a price breakdown?
Bitfury chips are worth ~ 360 eur/ board.
If the bitburner board costs about ~150 eur to be produced, components & shipping & profit included, why the hell does this cost two times as much.
Seriously...

Bitfurystrikesback:
http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/
16,25€/GH

ASIC HARDWARE:
https://www.asic-hardware.com/product/bitburner-fury-complete-system/
10,74€/GH

I am really disappointed of ASIC manufacturer, each new product comes out to suck out the blood of miners, you could lower your price and sell larger quantity, and you would make the same profit. but each time you aim on making a hell out of miners, you do realize that the last few months miners suffered the most with this pre-order scheme, and delaying not delivering tragedy.

I suggest you to study your prices again, and make a better offer that serve both parties.  

+1  

You're dragging Burnin's good name through the mud with this.  You gave order holders unannounced 24hr notice to change their orders over & pay on a non-ROI'ing system...now you have 24hrs to change your mind on sucking the blood of the people who wanted to stick with Burnin and support him or face mass refund requests.

And for the record, eraziel asked for a breakdown, not a comparison with a system I doubt any of us are actually considering as of today. I guess you must be too ashamed to write your margin.

I waited so much for this, but at this price i'm really trying to convince my self to buy, but it's so hard. I prefer to get 50% back from the boards than to buy this. burnin you let me down. The price is so unrealistic.

[bobsag3]

Just like to point out, me and bartech would be more than happy to have you guys buying from us, as prices that make sence

[mmitech]

Just like to point out, me and bartech would be more than happy to have you guys buying from us, as prices that make sence

what do you offer ?

[CumpsD]

Not sure if I'll buy one, 700 instead of 500 is quite a big jump in price

[cryptx]

Just like to point out, me and bartech would be more than happy to have you guys buying from us, as prices that make sence

what do you offer ?

They offer a 21.6 GH/s mining board for 425$ or 19.67$ per GH/s
http://drillbitsystem.com/order.html

We offer a 64 GH/s board for 920$ or 14,37$ per GH/s
(delivery starts first week of October)

[eraziel]

= Will be in buyers' hands in the middle of Oct.
And please stop using your VAT-excluded price or start mentioning that it's VAT-excluded every time you give that number.

Thankyouverymuch

[bobsag3]

Just like to point out, me and bartech would be more than happy to have you guys buying from us, as prices that make sence

what do you offer ?

They offer a 21.6 GH/s mining board for 425$ or 19.67$ per GH/s
http://drillbitsystem.com/order.html

We offer a 64 GH/s board for 920$ or 14,37$ per GH/s
(delivery starts first week of October)

I dont know what exchange rates your using, but google tells me

895.40 Euro equals
1191.51 US Dollar

Barntech is known to deliver for the stated price, doesnt double his price randomly, and He will take paypal.
Please, stop fudging the numbers and raising the prices so you can make a stupid profit. Profit is ok. Good profit is good if your business supplies a essential service or good. Doubling the price is called gouging and will not be supported in a open market like this.

REAL NUMBERS:
21.6 GH/s mining board for 425$ or 19.67$ per GH/s
http://drillbitsystem.com/order.html
64ghash board for 1191 (not including btc converison fees) $18.609/GH

[eraziel]

Yep, he's just acting dumb quoting his VAT-free price as if every buyer has a company/ isn't going to pay import taxes if outside of EU...

[Its About Sharing]

Just like to point out, me and bartech would be more than happy to have you guys buying from us, as prices that make sence

what do you offer ?

They offer a 21.6 GH/s mining board for 425$ or 19.67$ per GH/s
http://drillbitsystem.com/order.html

We offer a 64 GH/s board for 920$ or 14,37$ per GH/s
(delivery starts first week of October)

Their price is just overclocked from 2 to 2.5 I think. That is an 8 chip board. What happens if they add the external clock?
Then you have 32Ghash/s (4Ghash/s chip from the stock 2Ghash/s) for 425 or so - DOLLARS (LIKE 300 or so Euro, a bit more). 2 of those gets you 64.

[bobsag3]

Just like to point out, me and bartech would be more than happy to have you guys buying from us, as prices that make sence

what do you offer ?

They offer a 21.6 GH/s mining board for 425$ or 19.67$ per GH/s
http://drillbitsystem.com/order.html

We offer a 64 GH/s board for 920$ or 14,37$ per GH/s
(delivery starts first week of October)

Their price is just overclocked from 2 to 2.5 I think. That is an 8 chip board. What happens if they add the external clock?
Then you have 32Ghash/s (4Ghash/s chip from the stock 2Ghash/s) for 425 or so - DOLLARS (LIKE 300 or so Euro, a bit more). 2 of those gets you 64.

Yeah I dont like comparing OC to non OC. that means the 8 ship board might not mine as much, but will be more proffitable to run in the long term. The bitfury chips are sweet-spot 2-2.5