|
Xelpherpolis
|
 |
October 29, 2013, 10:34:55 PM |
|
Looking forward to this product, looks very promising.
|
|
|
|
|
|
|
|
|
|
According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
trdiablo
|
|
October 29, 2013, 11:21:14 PM |
|
Do we know the price yet?
|
|
|
|
|
|
viriat0
|
|
October 29, 2013, 11:28:10 PM |
|
Waiting Price  |
|
|
|
|
|
easynote
|
|
October 30, 2013, 03:27:50 PM |
|
Waiting Price me too  |
|
|
|
|
jeroenn13
|
|
October 30, 2013, 03:57:46 PM |
|
If the price is right for this product then these will be the new erupters. I hope the seller isnt too stupid too overprice them and let the project fail.
|
|
|
|
|
mchu168
|
|
October 30, 2013, 04:05:00 PM |
|
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
|
|
|
|
|
|
GodHatesFigs
|
|
October 30, 2013, 05:21:30 PM |
|
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
It doesn't make sense to put your capital at risk merely to break even. |
|
|
|
|
|
reactor
|
|
October 30, 2013, 05:38:17 PM |
|
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
It doesn't make sense to put your capital at risk merely to break even. Bingo, and the first vendor to get chips, produce hardware, and sell between the parts price and the ROI point will bank. Seems like everyone who has gotten greedy has just managed to produce themselves a bunch of hardware. |
|
|
|
|
|
trdiablo
|
|
October 30, 2013, 07:31:56 PM |
|
Smartest thing to do is to mine with these for max. 1 month and then put it on sale for Ebay. Everything you mine in the first month will be pure profit because you will be able to sell on Ebay for the same price you bought it for (or even get more). There are a lot of buyers who don't calculate the rising difficulty and will buy it for you for way too expensive.
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
|
|
|
|
|
|
mchu168
|
|
October 30, 2013, 07:34:33 PM |
|
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
It doesn't make sense to put your capital at risk merely to break even. Of course it doesn't make sense, but I suspect break even is a price the market will bear. |
|
|
|
|
|
xstr8guy
|
|
October 30, 2013, 08:39:06 PM |
|
Smartest thing to do is to mine with these for max. 1 month and then put it on sale for Ebay. Everything you mine in the first month will be pure profit because you will be able to sell on Ebay for the same price you bought it for (or even get more). There are a lot of buyers who don't calculate the rising difficulty and will buy it for you for way too expensive.
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
The eBay market for ASIC miners is not nearly as good today as it was yesterday (last week, last month, etc)! Every day, the final sell price for miners drops considerably. It seems eBay buyers are finally wising up. BFL Singles are often selling for well below retail price. |
|
|
|
|
ninjaboon
Legendary
 Offline
Activity: 2114
Merit: 1002
|
|
October 30, 2013, 10:14:19 PM |
|
So can this miners mine all them SHA-256 alt coins like PPC, Zetacoin, TGC ?
|
|
|
|
|
Chronikka
|
|
October 30, 2013, 10:38:47 PM |
|
So can this miners mine all them SHA-256 alt coins like PPC, Zetacoin, TGC ?
Yes. |
"The true sign of intelligence is not knowledge but imagination" -Albert Einstein
|
|
|
philipma1957
Legendary
Offline
Activity: 4102
Merit: 7765
'The right to privacy matters'
|
|
October 31, 2013, 09:59:36 PM |
|
Smartest thing to do is to mine with these for max. 1 month and then put it on sale for Ebay. Everything you mine in the first month will be pure profit because you will be able to sell on Ebay for the same price you bought it for (or even get more). There are a lot of buyers who don't calculate the rising difficulty and will buy it for you for way too expensive.
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
The eBay market for ASIC miners is not nearly as good today as it was yesterday (last week, last month, etc)! Every day, the final sell price for miners drops considerably. It seems eBay buyers are finally wising up. BFL Singles are often selling for well below retail price. well bfl singles are not the best gear to use as a price gauge. it had 2 price points the older buyers and the newer buyers.. It is expensive at either price IIRC first 1249 then 2499 usd in april 2013. The beauty of a stick or even a hub of sticks is the lure of free power. Many dorms and apartments have free power. so a hub of 10x 5gh sticks burning 50-70 watts with a quiet fan has a big value compared to a loud single burning 350-400 watts. I could sell these for a good price on ebay 1.5x-2x the price of a single per gh. http://www.ebay.com/itm/Butterfly-Labs-BFL-Single-60-GH-s-ASIC-Bitcoin-Miner-IN-HAND-READY-TO-SHIP-/131035789127?pt=CPUs&hash=item1e82577747 this is the lowest buy-it-now 60gh for 1375 or 22usd a gh. I know a 5gh stick will sell for 150 200 or 30- 40 usd a gh. why one stick even 2 3 or 4 can vanish power wise at a college dorm. so the value is far better then a loud bfl single. |
|
|
|
|
mchu168
|
|
October 31, 2013, 10:27:21 PM |
|
Will you accept payment from coinbase?
|
|
|
|
|
ninjaboon
Legendary
Offline
Activity: 2114
Merit: 1002
|
|
October 31, 2013, 10:33:27 PM |
|
So can this miners mine all them SHA-256 alt coins like PPC, Zetacoin, TGC ?
Yes. great, will connect my readers to your thread. |
|
|
|
Luke-Jr
Legendary
Offline
Activity: 2576
Merit: 1186
|
|
November 04, 2013, 05:51:28 AM |
|
For now we are most believe in ORICO A3H10 hub. Price per port is right and quality is very good. But they will always be OFF after a power failure. I'd recommend the ORICO P10-U3 instead. I might have to take this recommendation back - mine just started causing Linux kernel panics every time I plug it in... |
|
|
|
mogrith
Legendary
Offline
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
|
|
November 04, 2013, 05:59:15 AM |
|
For now we are most believe in ORICO A3H10 hub. Price per port is right and quality is very good. But they will always be OFF after a power failure. I'd recommend the ORICO P10-U3 instead. I might have to take this recommendation back - mine just started causing Linux kernel panics every time I plug it in... I've only had mine a week. Connected to Ras_Pi. good so far. |
|
|
|
|
sundownz
|
|
November 04, 2013, 12:55:51 PM |
|
Ordering will open on schedule ?
|
|
|
|
|
Kenshin
|
|
November 04, 2013, 02:15:30 PM |
|
I am just wondering about the same thing. The OP said 1 - 5 Nov, it is 4 Nov now.
|
|
|
|
|
|
