alexrossi
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Join the world-leading crypto sportsbook NOW!
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May 20, 2014, 07:26:10 PM |
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Lets face it; Bitmain is in it for the money. Capitalism Rules in communist China. While they have a great track record of customer service, Bitmain has not been entirely honest with their customers and distributors. Watch your 6 when dealing with these chinese based companies; greed is a powerful motivator. Your interests are of no concern to them (unless you have a wallet full of money).
That is a whole cup of dumb right there… you basically summed up any business on the globe and you are a fool to think otherwise .. I have purchased a lot from Bitmain, and I have had issues here and there with hardware, guess what……. They always made it right … Did I get a refund, NO … Did I ever expect a refund , NO … but they made it right, they always fixed the hardware I purchased ... They are atleast better than Ebay & Paypal. You can compare ebay&paypal with bfl, or even at a lower level (especially paypal, king of legalized scammers)
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samsonn25
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May 20, 2014, 08:51:44 PM |
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When this will stop? 0.10BTC per miner? Maybe 0.05 more?
Probably when shipping costs meet or exceed any profit margin. That's the official EOL imho. It probably wont go under $75 usd
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solitude
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May 20, 2014, 10:28:27 PM |
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I have two S1 coupons and two S2 coupons I'm selling the S1 coupons for .01 BTC and the S2 coupons for .015 BTC Send PM if interested, I check PM's several times a day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Hardly anyone speaks English on this forum.
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klondike_bar
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ASIC Wannabe
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May 20, 2014, 10:34:39 PM |
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When this will stop? 0.10BTC per miner? Maybe 0.05 more?
Probably when shipping costs meet or exceed any profit margin. That's the official EOL imho. It probably wont go under $75 usd shipping the S1 alone costs them about $50
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samsonn25
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2014, 10:46:06 PM |
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When this will stop? 0.10BTC per miner? Maybe 0.05 more?
Probably when shipping costs meet or exceed any profit margin. That's the official EOL imho. It probably wont go under $75 usd shipping the S1 alone costs them about $50 I was assuming $35-40 shipping after volume discounts, and maybe $35-40 recycle value. If shipping is close to $50 and parts recycle value is around $40, then they wont sell under $100 as they can just recycle the parts and not deal with the shipping. While we are on that topic how do you think the asic miner farms and bit fury farms will expedite the older inventory as newer and more efficient chips come online.
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ShopemNL
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May 20, 2014, 11:13:34 PM |
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I have 20 - S2 $400 dollar coupons 0.4BTC each I have 20 - S1 0.05 coupons 0.05btc each
Pm me if your intrested, escrow is no problem.
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philipma1957
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'The right to privacy matters'
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May 20, 2014, 11:37:52 PM |
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When this will stop? 0.10BTC per miner? Maybe 0.05 more?
Probably when shipping costs meet or exceed any profit margin. That's the official EOL imho. It probably wont go under $75 usd shipping the S1 alone costs them about $50 I was assuming $35-40 shipping after volume discounts, and maybe $35-40 recycle value. If shipping is close to $50 and parts recycle value is around $40, then they wont sell under $100 as they can just recycle the parts and not deal with the shipping. While we are on that topic how do you think the asic miner farms and bit fury farms will expedite the older inventory as newer and more efficient chips come online. not going to happen that fast. newer faster more efficient chips do not jump the bar a lot more. gpu = 300 watts for 1gh asic miner usb stick = 8 watts for 1 gh bit fury usb stick = 1.5 watts for 1gh antminer s2 = 1 watt for 1 gh spoondoolies sp10 = .7 watt for 1 gh spoondoolies sp30 = .46 watt for 1 gh ? the power saving for asics are close to bottomed out. so what does it mean? btc goes up like it is today solves the issue. big companies keep the gear an s-1 at 1.1 watts on a downvolt - downclock will get turned on OCT 1 to supplement heating. Lets say The best gear in the world gets to .2 watts…. it may not pay to move to it. just turn my gear off for the summer and use it for heating in the winter. this could start to happen. if a btc stays under 500usd and no one invents a .05 watt a gh chip . won't be asics be a new tech.
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samsonn25
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2014, 11:51:01 PM |
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When this will stop? 0.10BTC per miner? Maybe 0.05 more?
Probably when shipping costs meet or exceed any profit margin. That's the official EOL imho. It probably wont go under $75 usd shipping the S1 alone costs them about $50 I was assuming $35-40 shipping after volume discounts, and maybe $35-40 recycle value. If shipping is close to $50 and parts recycle value is around $40, then they wont sell under $100 as they can just recycle the parts and not deal with the shipping. While we are on that topic how do you think the asic miner farms and bit fury farms will expedite the older inventory as newer and more efficient chips come online. not going to happen that fast. newer faster more efficient chips do not jump the bar a lot more. gpu = 300 watts for 1gh asic miner usb stick = 8 watts for 1 gh bit fury usb stick = 1.5 watts for 1gh antminer s2 = 1 watt for 1 gh spoondoolies sp10 = .7 watt for 1 gh spoondoolies sp30 = .46 watt for 1 gh ? the power saving for asics are close to bottomed out. so what does it mean? btc goes up like it is today solves the issue. big companies keep the gear an s-1 at 1.1 watts on a downvolt - downclock will get turned on OCT 1 to supplement heating. Lets say The best gear in the world gets to .2 watts…. it may not pay to move to it. just turn my gear off for the summer and use it for heating in the winter. this could start to happen. if a btc stays under 500usd and no one invents a .05 watt a gh chip . won't be asics be a new tech. It not only the power issue. They cannot build under $.50 per GH and make profit so why make it to lose money unless some miners still want to chase. The difficulty outpace the improvement in technology. The spoondoolies sp30 (even the 3 pack special promised in August, but I dont see it on website now. They make this pre-order because they dont have enough money and capacity ) is stll way overpriced and its not here yet for a bit. August 25 Billion diff? could be a problem
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cozk
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May 21, 2014, 12:02:52 AM |
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How much time do they usually take to ship ?
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CanaryInTheMine
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between a rock and a block!
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May 21, 2014, 12:12:58 AM |
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i'd like to bring ya'lls attention to something else here... we have gone from 130nm to 60 to 55 to 40 to 28 in how much time? just a year? next up is 22 nm which is already in the works. what's after that? what size are the big gorillas on (and not even ASICs) here's some idea: http://www.tomshardware.com/news/intel-cpu-processor-5nm,17578.htmlwhy care about where big boys are? well, they tend to have an effect on what foundries are available for a specific nm size!!! so by the end of this yr, Bitcoin ASICs may actually drive the nm size further down, and not the usual suspects (Intel, AMD)!?? I will make a bold prediction here that Bitcoin will begin (maybe accelerate is more appropriate of a word) anothor revolution wrt ICs and new technologies to base mining as well as other chips on... damn these are exciting times we live in ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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samsonn25
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May 21, 2014, 12:20:18 AM |
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They dont have the bankroll to do that. They improved old chip design from someone else. The next technology needed is not even out yet its in prototype stage. When this happens diff is too high anyway. And it will cost more to make it and power it than the btc it mines.
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windpath
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May 21, 2014, 12:21:30 AM |
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How much time do they usually take to ship ?
After they leave Bitmain (tracking # shows in online account) it took an average of 4 days to US east coast...
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ceslick
Full Member
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digging in the bits... now ant powered!
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May 21, 2014, 01:08:10 AM |
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Would love to get 2 more of these before they sold out..
But will have to wait till next month, have to make some more BTC! ... or prey #whitecoin quadruples in value!
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digitizing
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May 21, 2014, 01:30:13 AM Last edit: May 21, 2014, 11:27:22 AM by digitizing |
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anyone need coupons ?
5 S1 0.05 BTC coupon for 0.01 BTC each 5 S2 $400 coupon for 0.2 BTC each no need to use escrow, I will transfer the coupon first.
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philipma1957
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'The right to privacy matters'
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May 21, 2014, 01:32:30 AM |
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i'd like to bring ya'lls attention to something else here... we have gone from 130nm to 60 to 55 to 40 to 28 in how much time? just a year? next up is 22 nm which is already in the works. what's after that? what size are the big gorillas on (and not even ASICs) here's some idea: http://www.tomshardware.com/news/intel-cpu-processor-5nm,17578.htmlwhy care about where big boys are? well, they tend to have an effect on what foundries are available for a specific nm size!!! so by the end of this yr, Bitcoin ASICs may actually drive the nm size further down, and not the usual suspects (Intel, AMD)!?? I will make a bold prediction here that Bitcoin will begin (maybe accelerate is more appropriate of a word) anothor revolution wrt ICs and new technologies to base mining as well as other chips on... damn these are exciting times we live in ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Sometimes I wonder if there is the beyond asic tech just around the corner. I can see seasonal mining catching on. s-1's could be a nice nov to april piece of gear. My last three are due on thur-fri. I may just keep them in a box for now. use them in the fall. but then again coins are drifting up. I would love to see an extended slow rally beyond the 2k a coin. go up 100 usd a week for 16 weeks would be very nice.
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rograz
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May 21, 2014, 03:31:43 AM |
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20 nm this year, 16nm next year (most TSMC customers are skipping 20nm since 16nm goes into production this year) and then it will take until 2016 at least before next shrink. If by magic Intel opens up their fabs to anyone with enough cash we could see 14nm during 2015 (not gonna happen unless Intel runs into cash/capacity utilization concerns). Intel alone spends more per year than the entire BTC network is worth on r&d (over 10b 2013) , a substantial part of that is directed towards fab tech. The costs of r&d and fab costs has risen exponentially for each new node and there is a good reason very few companies has their own fabs these days (and even fewer of them are on the bleeding edge). Until the day btc mining becomes a multi billion dollar industry it will have little effect on the rest of the tech industry. The days of rapid improvements are over and soon we'll be stuck with the same 24~ month cycles as the rest of the industry. Sure there most likely are design optimizations that can be done, the question is who is going to fund a new chips designs on a bleeding edge process for (relative) small gains in a already saturated market.
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SecureErase
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May 21, 2014, 03:46:48 AM |
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20 nm this year, 16nm next year (most TSMC customers are skipping 20nm since 16nm goes into production this year) and then it will take until 2016 at least before next shrink. If by magic Intel opens up their fabs to anyone with enough cash we could see 14nm during 2015 (not gonna happen unless Intel runs into cash/capacity utilization concerns). Intel alone spends more per year than the entire BTC network is worth on r&d (over 10b 2013) , a substantial part of that is directed towards fab tech. The costs of r&d and fab costs has risen exponentially for each new node and there is a good reason very few companies has their own fabs these days (and even fewer of them are on the bleeding edge). Until the day btc mining becomes a multi billion dollar industry it will have little effect on the rest of the tech industry. The days of rapid improvements are over and soon we'll be stuck with the same 24~ month cycles as the rest of the industry. Sure there most likely are design optimizations that can be done, the question is who is going to fund a new chips designs on a bleeding edge process for (relative) small gains in a already saturated market. rograz is 100% on the money. The semiconductor industry is massive shipping millions upon millions of chips of all different geometries, the BTC ASIC part of it is a small sideshow with relative low volume and only small players involved. See this news link of Altera chips on Intel 14nm process for bleeding edge semiconductor fabrication http://newsroom.altera.com/press-releases/nr-14nm-device.htm
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64dimensions
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May 21, 2014, 05:31:16 AM |
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20 nm this year, 16nm next year (most TSMC customers are skipping 20nm since 16nm goes into production this year) and then it will take until 2016 at least before next shrink. If by magic Intel opens up their fabs to anyone with enough cash we could see 14nm during 2015 (not gonna happen unless Intel runs into cash/capacity utilization concerns). Intel alone spends more per year than the entire BTC network is worth on r&d (over 10b 2013) , a substantial part of that is directed towards fab tech. The costs of r&d and fab costs has risen exponentially for each new node and there is a good reason very few companies has their own fabs these days (and even fewer of them are on the bleeding edge). Until the day btc mining becomes a multi billion dollar industry it will have little effect on the rest of the tech industry. The days of rapid improvements are over and soon we'll be stuck with the same 24~ month cycles as the rest of the industry. Sure there most likely are design optimizations that can be done, the question is who is going to fund a new chips designs on a bleeding edge process for (relative) small gains in a already saturated market. rograz is 100% on the money. The semiconductor industry is massive shipping millions upon millions of chips of all different geometries, the BTC ASIC part of it is a small sideshow with relative low volume and only small players involved. See this news link of Altera chips on Intel 14nm process for bleeding edge semiconductor fabrication http://newsroom.altera.com/press-releases/nr-14nm-device.htmAll of the above +10. The fact that some of the chips (KNC?) were fabricated on 6" silicon lines, which are the back waters of the chip fab world, re-enforces the above. I would only add that if Intel decides to open up their fabs to outsiders, any crypto chip folks would get squashed in the stampede to get in line. A cheaper way forward in the crypto chip world might be some sort of low NRE 3D chip packaging trick.
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faustus66
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May 21, 2014, 05:35:36 AM |
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I have some coupons if anyone is looking: 3 S1 0.05 BTC Coupons valid till 05-29 available for free 17 S2 $400 Coupons valid till 05-30 available for 0.2 BTC each
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alexrossi
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Join the world-leading crypto sportsbook NOW!
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May 21, 2014, 05:50:47 AM |
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I was assuming $35-40 shipping after volume discounts, and maybe $35-40 recycle value.
If shipping is close to $50 and parts recycle value is around $40, then they wont sell under $100 as they can just recycle the parts and not deal with the shipping.
While we are on that topic how do you think the asic miner farms and bit fury farms will expedite the older inventory as newer and more efficient chips come online.
Shipping with DHL/UPS is quite expensive, i don't expect that they are currently paying below 50-60$ per shipped S1.
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