LIGHTNINGASIC LA100M,100MHS SCRYPT Miner, USD1999; LA1THS, USD1750.shipped out!

[asiabtc]

Group Buy.
i got great deal with Gridseed. GROUP BUY now:
3000+ usb miner, 1350/LA3M, include all accessories, Including DHL worldwide express.
500+blade,  usd1999, include all accessories, including Worldwide express.

I still think that is too expensive for the market right now. Try again and I would seriously consider it.

Assuming difficulty remains constant, which it won't, the blade will earn about $12/day at today's rates.
That's puts ROI out 5-6 months when better asics will be shipping.

thats the best price now. you can compare with other seller.

[Gazza1]

Does anyone see a trend here?

Some of the first bitcoin ASICs were 333MH (bfl doesn't count) and were sold at $100.  10 months later and they now are not even worth $1.
Then along came the 5GH block erupter blade and were sold for $500-$600.  8 months later and they are barely worth $20.

The prices for these scrypt asics are way too high.  At best these would ROI by the time Titans come out.  That is if we are lucky and things stay the same.  If we go by history profitability has been declining 100% every month since December.  If and only IF we are so lucky for things to stay the same, by the time that 6 months is up they will be useless and all that time/effort would have been for nothing.

To be honest I don't know if I'd even pay the $1200 I quoted earlier.  $1000 each and that's a maybe.

This is not to say your products are not good, they are indeed spectacular and 6 months ago I would have happily paid the full $3000 price tag for each unit.  Actually I probably would have paid 4-5k for each.

And when you think about it, it's basically a heatsink enclosure with 2 circuit boards.  I bet it doesn't even cost more than a few hundred bucks to produce.  There is no need to assrape the public with these outrageous prices.

[asiabtc]

Does anyone see a trend here?

Some of the first bitcoin ASICs were 333MH (bfl doesn't count) and were sold at $100.  10 months later and they now are not even worth $1.
Then along came the 5GH block erupter blade and were sold for $500-$600.  8 months later and they are barely worth $20.

The prices for these scrypt asics are way too high.  At best these would ROI by the time Titans come out.  That is if we are lucky and things stay the same.  If we go by history profitability has been declining 100% every month since December.  If and only IF we are so lucky for things to stay the same, by the time that 6 months is up they will be useless and all that time/effort would have been for nothing.

To be honest I don't know if I'd even pay the $1200 I quoted earlier.  $1000 each and that's a maybe.

This is not to say your products are not good, they are indeed spectacular and 6 months ago I would have happily paid the full $3000 price tag for each unit.  Actually I probably would have paid 4-5k for each.

And when you think about it, it's basically a heatsink enclosure with 2 circuit boards.  I bet it doesn't even cost more than a few hundred bucks to produce.  There is no need to assrape the public with these outrageous prices.

the problem is : 1, coin price crashed. and i warned all my clients, and even here i warned all member of bitcointalk forum. 2, the difficulty riseed too fast.
in order to help whole coin system, LIGHTNINGASIC are trying best to provide good miners, good price. and delivery in time. we dont do more then 2 monthes pre-order.
i am trying best to talk with Gridseed to give more discount. USD1000 for LA3m is reasonable now. and it will be good time to enter mining biz.
buy coins or buy miner, its good timeing now.

[asiabtc]

Group Buy.
i got great deal with Gridseed. GROUP BUY now:
MAX 3000+ pcs usb miner, USD1100/LA3M, include all accessories, Including DHL worldwide express.
MAX 500+blade scrypt miners,  usd1450/blade, include all accessories, including Worldwide express.

[Flep182]

Group Buy.
i got great deal with Gridseed. GROUP BUY now:
MAX 3000+ pcs usb miner, USD1100/LA3M, include all accessories, Including DHL worldwide express.
MAX 500+blade scrypt miners,  usd1450/blade, include all accessories, including Worldwide express.

I'd like two blades for that price!

[asiabtc]

Group Buy
I have made a very good deal with Gridseed, and they offered me best prices from market.
Minimum LA3M 3000 pieces.
LA3M - 1100 USD <including all accesories + DHL express shipping>

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

[racebyu]

Group Buy
I have made a very good deal with Gridseed, and they offered me best prices from market.
Minimum LA3M 3000 pieces.
LA3M - 1100 USD <including all accesories + DHL express shipping>

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

Nice, I would be in for this also, not sure blades or round miners, who will start up a group buy thread?

[dani]

Group Buy
I have made a very good deal with Gridseed, and they offered me best prices from market.
Minimum LA3M 3000 pieces.
LA3M - 1100 USD <including all accesories + DHL express shipping>

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

which one is the LA3M?  1TH btc miner?

and regarding the blade: 1450$ per blade? the 5,2-6mhash blade? or 1450$ per one blade (half the speed)?

[racebyu]

Group Buy
I have made a very good deal with Gridseed, and they offered me best prices from market.
Minimum LA3M 3000 pieces.
LA3M - 1100 USD <including all accesories + DHL express shipping>

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

which one is the LA3M?  1TH btc miner?

and regarding the blade: 1450$ per blade? the 5,2-6mhash blade? or 1450$ per one blade (half the speed)?

The LA3M, was originally round miners at 300khs per miner x 10 in package for 3Mhs total, plus power supply and acc.
These run around 350khs each now but think you can get around 400khs out of them with freq & voltage mods.
These can run either or both SHA-256 Bitcoin (10Ghs each) & Script Miner (350-400khs). Some issues with dual mining.

The 1TH btc miner is different unit for Bitcoin Only.

The Blade miner is comprised of 2 boards 2.6Mh each or total of 5.2Mhs with heat sinks mounted together with one cooling fan as per thread pics.
This is a Script Miner Only!

[racebyu]

Group Buy
I have made a very good deal with Gridseed, and they offered me best prices from market.
Minimum LA3M 3000 pieces.
LA3M - 1100 USD <including all accesories + DHL express shipping>

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

Jack, what is the lead time for shipping these units.
If we where to get 300 sets of round LA3M miners or 500 blades ordered today?
How many days/weeks for shipping the product to us?

[dloganbill]

Jack you are getting pretty close.  I've got a personal rule that says if it won't reach ROI in 3 months, it's too risky of an investment.

Being very optimistic with my calcs, at $2/MH/s-day:

LA3M will reach ROI in 166 days
Blade will reach ROI in 139 days
KNC Titan will reach ROI in 20 days

I have 20 gridseeds and love them, but this worries me.

[dani]

Group Buy
I have made a very good deal with Gridseed, and they offered me best prices from market.
Minimum LA3M 3000 pieces.
LA3M - 1100 USD <including all accesories + DHL express shipping>

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

which one is the LA3M?  1TH btc miner?

and regarding the blade: 1450$ per blade? the 5,2-6mhash blade? or 1450$ per one blade (half the speed)?

The LA3M, was originally round miners at 300khs per miner x 10 in package for 3Mhs total, plus power supply and acc.
These run around 350khs each now but think you can get around 400khs out of them with freq & voltage mods.
These can run either or both SHA-256 Bitcoin (10Ghs each) & Script Miner (350-400khs). Some issues with dual mining.

The 1TH btc miner is different unit for Bitcoin Only.

The Blade miner is comprised of 2 boards 2.6Mh each or total of 5.2Mhs with heat sinks mounted together with one cooling fan as per thread pics.
This is a Script Miner Only!

So the bold marked is per one board, not one blade (consisting of two boards), correct? 2,6mh = 1450$?

[racebyu]

Jack should chime in to verify but the blade miner is a unit that is
comprised of 2 boards, 2 heat sinks and 1 fan @ 5.2Mhs rate
as per the description (Blue) and photos below.
The group pricing (Red) says blades and should be 1 unit as per
the pictures also, so they need 500 units as per the photos.
But who knows maybe I am wrong?

These must have been the boards that they planned to use in the
LA15MS rack unit (6x2.6Mhs) that they intended to sell but for
some reason put them in a 5.2Mhs format?

LIGHTNINGASIC GRIDSEED SCRYPT ONLY BLADE MINER

There are 2 PCBA.
Each PCBA 40 GC3355 chips.
Each PCBA has it’s own power socket and usb port.
one 80-chip blade miner is equivalent to 16 5-chip USB miners
Official Scrypt hashrate is 5.2M (2.6M on each PCBA)
Scrypt only mode: 64-70W on each PCBA. (140W per miner)
PSU/Controller/USB cables are included.
Start to ship out from Apl 11th-12nd.
USD2899 for miners, usd100 for accessories set, USD100 for dhl express.

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

[FreeJack2k2]

The pricing of the blade system makes no sense to me. He's offering LA3M (which will get you at least 3.5 Mh/s with the new firmware, consistently) for $1,100 complete with all cables and PSU. Buy two of those and you've got 7 Mh/s for $2,200. OR...you can pay about $900 more for almost 2 Mh/s less, in a different form factor?

Math was never my strong suit, but this just doesn't look real appetizing to me. There's no way any of this makes ROI at this point, anyway. The only way I'd buy more LA3M is if they were around $600 now, shipped.

[maardein]

The pricing of the blade system makes no sense to me. He's offering LA3M (which will get you at least 3.5 Mh/s with the new firmware, consistently) for $1,100 complete with all cables and PSU. Buy two of those and you've got 7 Mh/s for $2,200. OR...you can pay about $900 more for almost 2 Mh/s less, in a different form factor?

Math was never my strong suit, but this just doesn't look real appetizing to me. There's no way any of this makes ROI at this point, anyway. The only way I'd buy more LA3M is if they were around $600 now, shipped.

You are mixing old and new prices. The blade is $1450 now in the groupbuy.

[dani]

The pricing of the blade system makes no sense to me. He's offering LA3M (which will get you at least 3.5 Mh/s with the new firmware, consistently) for $1,100 complete with all cables and PSU. Buy two of those and you've got 7 Mh/s for $2,200. OR...you can pay about $900 more for almost 2 Mh/s less, in a different form factor?

Math was never my strong suit, but this just doesn't look real appetizing to me. There's no way any of this makes ROI at this point, anyway. The only way I'd buy more LA3M is if they were around $600 now, shipped.

You are mixing old and new prices. The blade is $1450 now in the groupbuy.

I don't think so (until asiabtc says anything)

[chanberg]

someone needs to set up a group buy

[racebyu]

The pricing of the blade system makes no sense to me. He's offering LA3M (which will get you at least 3.5 Mh/s with the new firmware, consistently) for $1,100 complete with all cables and PSU. Buy two of those and you've got 7 Mh/s for $2,200. OR...you can pay about $900 more for almost 2 Mh/s less, in a different form factor?

Math was never my strong suit, but this just doesn't look real appetizing to me. There's no way any of this makes ROI at this point, anyway. The only way I'd buy more LA3M is if they were around $600 now, shipped.

You are
mixing old and new prices. The blade is $1450 now in the groupbuy.

I don't think so (until asiabtc says anything)

He did post in the first page the group buy update.


Group Buy
I have made a very good deal with Gridseed, and they offered me best prices from market.
Minimum LA3M 3000 pieces.
LA3M - 1100 USD <including all accesories + DHL express shipping>

Minimum 500 blades
1450 USD <including all accesories + DHL express shipping>

[firejuan]

Jack you are getting pretty close.  I've got a personal rule that says if it won't reach ROI in 3 months, it's too risky of an investment.

Being very optimistic with my calcs, at $2/MH/s-day:

LA3M will reach ROI in 166 days
Blade will reach ROI in 139 days
KNC Titan will reach ROI in 20 days

I have 20 gridseeds and love them, but this worries me.

I am sorry with KNC's current Neptune situation you can not count on an early delivery of the Titan or even possibly an on time delivery so it is impossible to determine what the difficulty will be at launch time thus making a ROI analysis nearly impossible.  Pre-orders are a risky business especially when they are 3+ months out, but that is the current environment we live in until miners no longer support funding a companies new ventures and wait until they have products in stock.

[dloganbill]

Jack you are getting pretty close.  I've got a personal rule that says if it won't reach ROI in 3 months, it's too risky of an investment.

Being very optimistic with my calcs, at $2/MH/s-day:

LA3M will reach ROI in 166 days
Blade will reach ROI in 139 days
KNC Titan will reach ROI in 20 days

I have 20 gridseeds and love them, but this worries me.

I am sorry with KNC's current Neptune situation you can not count on an early delivery of the Titan or even possibly an on time delivery so it is impossible to determine what the difficulty will be at launch time thus making a ROI analysis nearly impossible.  Pre-orders are a risky business especially when they are 3+ months out, but that is the current environment we live in until miners no longer support funding a companies new ventures and wait until they have products in stock.

Hence why I made it clear that those were very optimisic calcs.  But to add to your point, if the ROI of the Titan is significantly lengthened by difficulty spikes, the ROI on these miners would be never occur.