28nm 1T ASIC new system is good for market?

[skyfromwell]

Not accusing, just read and be carefull everyone:
https://bitcointalk.org/index.php?topic=291141.msg5332118#msg5332118
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I am a Chinese native speaker and I have to say the Chinese showing there, will not consider as Chinese. LOL.

Maybe some bad online translation of some original English text?

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[papamoi]

so you have stolen the chips with them and built the miners?

not serious man

[skyfromwell]

so you have stolen the chips with them and built the miners?

not serious man

1. Anyone needs to pay 15 BTCs to bad mouth Bitmine? Seriously.

2. The CoinCraft chip that Bitmine claimed are NOT their products. They buought form a Chinese chip company.

[ujka]

so you have stolen the chips with them and built the miners?

not serious man

1. Anyone needs to pay 15 BTCs to bad mouth Bitmine? Seriously.

2. The CoinCraft chip that Bitmine claimed are NOT their products. They buought form a Chinese chip company.

What company, and what chip? We like detailed info, and pictures, you know, post some.

This is how A1looks



And this is from your flicker photo, seems to me that there is A1 written on chips.



Yes, that's A1.

[yelloyello]

"under 10           8000 USD"

Then you better buy 5 Antminers.....

[seeksilence]

You should check the related post:
https://bitcointalk.org/index.php?topic=482921.0

[jegersmart]

I also think that some veteran miners who have 1-6 Th/s now, feel they have made their investment back on what they have.  So it's easy to look at the btc you are still producing and call it free money.  So they just buy it.  It's not like they have to pull money out of their checking account to buy it.  One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Bingo.

A lot of us already have the coins.  We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

Why does it matter if you use fiat or BTC when it's still a net loss? Pay 10 btc to mine 5 btc or pay 8k that you could buy 12 btc for. Not that i'm telling people not to buy miners. I realllly want to start mining but I can't really find a calculator that makes me a winner doing so, if I did I would buy in a heartbeat  

I currently mine with 2Mh on scrypt coins and in 3 months have made 2BTC. This is in a butt ugly basic rig which cost me $1300 to put together with tape and string (and 3x 7970's). I should think at 1TH= machine will have no problem offering ROI - but you have to be a little creative with your trading....

J

[mruiter]

Any news of a nice price drop...?
Mentioned prices are way to high for senior miners. Starting miners will mostly buy at a high price because they just see $$ instead of ROI+profit

[TheRealSteve]

And senior sellers know to cater to those starting miners for as long as possible so that they can maximize their profits, instead of selling for pennies on the dollar to the senior miners who are hoping for the best ROI
( I'm sure the senior senior miners will come in any time now and roll eyes at people who buy premade systems instead of rolling their own with spools/trays of chips, and then the senior senior senior miners will shake their had and wave pooled mining contracts around, all while the asic plants have a gigglefit. )