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myASIC (OP)
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January 20, 2014, 09:54:42 PM
Last edit: January 28, 2014, 05:05:37 PM by myASIC
 #1

Hi guys..

Just announcing we have opened shop!

We are a small team of innovative entrepreneurs and Bitcoin enthusiasts who have came together to provide a simple solution as to where to turn to purchase hardware in vast amounts without the lengthy hassle of directly contacting manufacturers.
 
My ASIC are a new company based in the United Kingdom founded in late November 2013, which specializes in distributing large orders of ASIC hardware designed for mining Bitcoins & other SHA-256 based cryptocurrency at affordable prices.
 
Our first ASIC available is the AntMiner U1, USB Miner which can be purchased through our website.

The AntMiner U1, USB Miners are rated at ~1.6Gh/s but can be overclocked simply by tweaking your miner settings.

1500 Units in stock
BTC30 26 / 500

As the technology advances and we secure more contracts with our suppliers we hope to widen our range significantly and look forward to becoming a well known name among the Bitcoin community!

Thank you,
The myASIC team
myASIC.co.uk


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January 20, 2014, 10:17:40 PM
 #2

Expensive for something that will literally be overrun very recently. The ROI is very minimal if not non-existent. This is more for selling on eBay to very gullible people me think. Still good luck and welcome.

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January 21, 2014, 03:36:32 AM
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What does "BTC30 / 500" mean? You get 500 units for 30BTC?
myASIC (OP)
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January 21, 2014, 11:20:41 AM
 #4

Thank you for comments,

Correct, 30 BTC per 500 Units.

If you were to purchase individual AntMiners via somewhere like eBay you would be paying £50 + per item. 
On the forums you can find people reselling at around 0.07/8 - Per item - Roughly £40
Our listing prices them at 0.06 per - Roughly £30

So infact, we're doing a better deal..
Also, other places offering 500 units, charge BTC 33+

we may offer smaller quantities, should we get enough interest
e.g - 250 Units / 16 BTC etc.
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January 21, 2014, 11:47:11 AM
 #5

So 500 units hashing at 1.6ghs = 800ghs

At current difficulty that's 6.84 coins a month worth $5606.20

Currently 30 bitcoins are worth $26,080

So that's about 5 months to recoup initial investment

And that's not even taking into account all the THS machines that are about to hit the network within the new few months, or electricity costs to run 500 USB miners

Even overclocked to 2.2ghs that's still only 9.41 coins worth $7716.11 a month

Am I missing something, or does this just look like very expensive paper weights to anybody else? Because if I was investing 26k into hardware I'd probably buy 12 Monarchs from BFL and get 7.2THS at current difficulty that would make $50,356.15 a month (I know there is a giant waiting list, but these 12 cards would be more relevant and useable for much longer)

Not trying to rain on your parade mate, but those prices seem a bit ambitious. If you get any 3THS+ machines in for a good price, I'll drive straight over and take them off your hands for cash.

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January 21, 2014, 11:51:13 AM
 #6

Thank you for comments,

Correct, 30 BTC per 500 Units.

If you were to purchase individual AntMiners via somewhere like eBay you would be paying £50 + per item. 
On the forums you can find people reselling at around 0.07/8 - Per item - Roughly £40
Our listing prices them at 0.06 per - Roughly £30

So infact, we're doing a better deal..
Also, other places offering 500 units, charge BTC 33+

we may offer smaller quantities, should we get enough interest
e.g - 250 Units / 16 BTC etc.

Thank you for the clarification. I can't say how great a deal it is, but certainly better than imine.co.uk that are selling the same thing for 0.1BTC per piece  Shocked
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January 21, 2014, 01:09:49 PM
 #7

Again, thank you for your comments..

We appreciate in the next few months, many companies are promising very powerful machines which could potentially wipe out the USB era, although there are still many people only just discovering Bitcoin and many others continuing to purchase the less powerful ASICs.

As for our pricing, we are open to suggestions for altering our prices as we realize how competitive the market can be and we shall considered a revised listing. - Only serious replies please.

Thanks
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January 22, 2014, 06:54:35 PM
Last edit: January 22, 2014, 07:05:10 PM by myASIC
 #8

We've dropped the price to BTC26!  Wink

edit: ..and added the option to purchase, 250 Units
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January 23, 2014, 05:15:49 AM
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We've dropped the price to BTC26!  Wink

edit: ..and added the option to purchase, 250 Units

How many units have you got to shift altogether? I might take them all off your hands if the price is right. PM me.
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January 28, 2014, 03:06:31 PM
 #10

BTCump
nytrolic
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January 28, 2014, 03:15:59 PM
 #11

I'll give you 50 quid for 10

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myASIC (OP)
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January 28, 2014, 03:24:46 PM
 #12

We can only hope there was a typo there..
nytrolic
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January 28, 2014, 03:31:11 PM
 #13

Nope, anymore than that and they would never ROI

If I were you, I'd dump 'em on eBay for 50 quid each, and get rid of them as fast as possible, before they really aren't worth anymore than the components they are made of

By the way, a guy has sold 16 in 24 hours for 49.99, go go go pump and dump!

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