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tuaris
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June 23, 2014, 03:59:51 PM |
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I like how BA hasn't bothered to lower the price of their miners even as other manufacturers drop their prices and release new miners. $373 for 100gh was barely a good deal back in December. I sense it's just another way of them manipulating their compensation. I just can't see anyone buying those in the last month thinking it's a good deal. Maybe that's why they don't want to talk compensation, they probably haven't had any more money roll in since they got people to pre-order their compensation power supplies.
No money coming in means no money to build compensation units. If they lower the price to get more people to buy in then their compensation numbers go up even higher as they promised to send extra hashing power if they lowered the price.
Yes, I have been saving my 0.012 BTC income per day since December thinking that sometime in February I would be able to buy one or two. I now have plenty to buy 3 or 4 at it's current price, but I'm not going to spend it on this. If they don't drop the price (or the S3 is overpriced) I might instead continue saving until the Fall when Bitcoin is $2000+ USD and when the 100 TH stuff comes out.  |
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ORabbit
Newbie
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Activity: 42
Merit: 0
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June 23, 2014, 04:04:13 PM |
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I like how BA hasn't bothered to lower the price of their miners even as other manufacturers drop their prices and release new miners. $373 for 100gh was barely a good deal back in December. I sense it's just another way of them manipulating their compensation. I just can't see anyone buying those in the last month thinking it's a good deal. Maybe that's why they don't want to talk compensation, they probably haven't had any more money roll in since they got people to pre-order their compensation power supplies.
No money coming in means no money to build compensation units. If they lower the price to get more people to buy in then their compensation numbers go up even higher as they promised to send extra hashing power if they lowered the price.
Yep. Despite all the accusations, I don't see a scam. I see a company that severely underestimated the scale of this project. They made certain promises that I'm sure they intended to keep, but now they're just f'ed. If they lower the price to encourage new money, they'll have to extend that savings to orders placed in November, thereby canceling out the new money. If they allocate all their resources to a fair compensation for existing customers, they have no product to sell to new customers. It's a catch 22, and everyone's left holding the bag. |
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nexus99
Legendary
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Activity: 910
Merit: 1000
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June 23, 2014, 04:06:12 PM |
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I don't see a scam either. Just many huge screw ups. These guys aren't like BFL.
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Syke
Legendary
Offline
Activity: 3878
Merit: 1193
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June 23, 2014, 04:16:42 PM |
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I don't see a scam either. Just many huge screw ups. These guys aren't like BFL.
It's getting close. While BA is shipping the X-1 about 4 months late, BFL is over 7 months late. At least BA is shipping something. BFL is shipping nothing. BA needs to get the X-3 out the door, and come clean on the compensation package ASAP. |
Buy & Hold
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sorehammer
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June 23, 2014, 04:20:27 PM |
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Come on bobsag3 we want pictures of lots of boxes to lust over.
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nexus99
Legendary
Offline
Activity: 910
Merit: 1000
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June 23, 2014, 04:22:08 PM |
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I don't see a scam either. Just many huge screw ups. These guys aren't like BFL.
It's getting close. While BA is shipping the X-1 about 4 months late, BFL is over 7 months late. At least BA is shipping something. BFL is shipping nothing. BA needs to get the X-3 out the door, and come clean on the compensation package ASAP. +1 on compensation package. If reports are correct X-1 will be in the wild today. No compensation package details I have seen though. It would be interesting for someone to take the BA chips and stick them on a blade that is compatible with the S3/S1 frame. Maybe get 4 of them on a blade? For a 900 GH/S S3 form factor box. I wonder if the chips run too hot for that though. |
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bobsag3
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June 23, 2014, 04:31:50 PM |
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I don't see a scam either. Just many huge screw ups. These guys aren't like BFL.
It's getting close. While BA is shipping the X-1 about 4 months late, BFL is over 7 months late. At least BA is shipping something. BFL is shipping nothing. BA needs to get the X-3 out the door, and come clean on the compensation package ASAP. +1 on compensation package. If reports are correct X-1 will be in the wild today. No compensation package details I have seen though. It would be interesting for someone to take the BA chips and stick them on a blade that is compatible with the S3/S1 frame. Maybe get 4 of them on a blade? For a 900 GH/S S3 form factor box. I wonder if the chips run too hot for that though. 4 chips would only give off ~ 380W of heat, so would be entirely doable. |
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nexus99
Legendary
Offline
Activity: 910
Merit: 1000
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June 23, 2014, 04:40:29 PM |
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I don't see a scam either. Just many huge screw ups. These guys aren't like BFL.
It's getting close. While BA is shipping the X-1 about 4 months late, BFL is over 7 months late. At least BA is shipping something. BFL is shipping nothing. BA needs to get the X-3 out the door, and come clean on the compensation package ASAP. +1 on compensation package. If reports are correct X-1 will be in the wild today. No compensation package details I have seen though. It would be interesting for someone to take the BA chips and stick them on a blade that is compatible with the S3/S1 frame. Maybe get 4 of them on a blade? For a 900 GH/S S3 form factor box. I wonder if the chips run too hot for that though. 4 chips would only give off ~ 380W of heat, so would be entirely doable. Wouldn't that be an awesome upgrade. Or modular expansion. |
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sorehammer
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June 23, 2014, 07:13:13 PM |
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So has the ups/dhl guy been yet ?
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sorehammer
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June 23, 2014, 07:34:09 PM |
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I know but it was worth a try  |
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sorehammer
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June 23, 2014, 07:45:14 PM |
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I got a rockminer sitting in customs for the last 24hrs why do people keep making me wait.
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sorehammer
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June 23, 2014, 08:04:01 PM |
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lucky sod so jealous
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bobsag3
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June 23, 2014, 08:11:45 PM |
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I got a rockminer sitting in customs for the last 24hrs why do people keep making me wait.
Shoulda bought it from us  X1s wer just delivered Setting them up for testing, pictures to follow.    To confirm: These are complete working X1s, minus the LCD. They have the customer controller and everything. |
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sorehammer
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June 23, 2014, 08:12:54 PM |
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Not a issue of who I got it from customs are being a real bitch lately
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nexus99
Legendary
Offline
Activity: 910
Merit: 1000
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June 23, 2014, 08:14:03 PM |
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I got a rockminer sitting in customs for the last 24hrs why do people keep making me wait.
Shoulda bought it from us X1s wer just delivered Setting them up for testing, pictures to follow. That's what I was hoping to hear! |
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Dallas5
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June 23, 2014, 08:23:34 PM |
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Now that there are actual X1's being shipped any estimate of a refund date for those of us opted for a refund?
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fivejonnyfive
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June 23, 2014, 08:26:53 PM |
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This is great news. Also, if anyone is interested I'm making custom displays to fill the hole left by the missing LCDs. Using state of the art Static Display Technology and a cellulose pulp substrate, these displays are guaranteed to be 100% accurate all the time while using zero energy whatsoever. See Below.  But in all seriousness, I'm glad you got the shipment without much strife. Hoping to see a tracking number relatively soon. Cheers. |
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HardwareReviewer
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June 23, 2014, 08:37:13 PM |
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This is great news. Also, if anyone is interested I'm making custom displays to fill the hole left by the missing LCDs. Using state of the art Static Display Technology and a cellulose pulp substrate, these displays are guaranteed to be 100% accurate all the time while using zero energy whatsoever. See Below. But in all seriousness, I'm glad you got the shipment without much strife. Hoping to see a tracking number relatively soon. Cheers.  |
Prepare to enter a world of stress
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SirWizz
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June 23, 2014, 09:47:00 PM |
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I think regardless of what they refund you in - Bitcoin or USD it is OK as long as the value of the refund is the same as what you originally paid (minus a processing fee if they charge one).
And that's the problem. They choose the option where the value is less, regardless of the exchange rate. Theres a clear different between pre-orders up thru april that took BTC and said BTC was forwarded BA, and further orders when we switched to Bitpay and Shopify and BTC was then cashed out to USD and sent to BA. Pretty simple. The arrangement between you and your supplier is irrelevant to the contract between you and your customers. If someone ordered $5,000 worth of merchandise and paid you, you have to refund them the same amount in whatever currency you choose to refund in. Anything else means your "refund" is not really a refund at all. For the most part the general consensus I have seen is that people should be refunded in the 'currency' / "medium of exchange" that was used to make the purchase. If you give someone 3 chickens for a BTC miner... then its worth 3 chickens. If I give someone 12 pesos... its worth 12 pesos. The relative value of chickens to pesos is irrelevant. If you want to value things in US dollars you should buy from companies that accept US dollars for payment. Not really. When I buy something priced in US dollars with my Canadian credit card, the amount gets converted into US dollars. When I get the refund, the amount of US dollars gets automatically converted into Canadian dollars at the current going rate. So I get back the same amount I paid in US dollars - that is what a refund means because this is what I have paid at the time of my purchase. If I paid a merchant $5,000 then I expect a refund of $5,000 - I don't see how you can interpret it any other way. And just so we're clear, Minersource prices are in US dollars. If Minersource or BA chose not to convert the BTC they have received that is their prerogative, but that doesn't change the value of your order. |
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Mattster28
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June 23, 2014, 10:48:47 PM |
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I got a rockminer sitting in customs for the last 24hrs why do people keep making me wait.
Shoulda bought it from us X1s wer just delivered Setting them up for testing, pictures to follow. To confirm: These are complete working X1s, minus the LCD. They have the customer controller and everything. Why are you testing these units? Didn't Black Arrow already test them? |
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