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Author Topic: Pangolin Whatsminer M10 - 33TH at 2145W  (Read 3601 times)
philipma1957
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September 10, 2018, 05:34:58 PM
 #81

Just ordered mine for the review.  paid 1817 usd in btc for it.


https://live.blockcypher.com/btc/tx/c4ae37b12029c80e9ad71c125f1d2b020daa5950e8b7f96d461422951fd6de1a/

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minefarmbuy
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September 11, 2018, 02:57:54 AM
 #82

Is that the late October batch?

philipma1957
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September 11, 2018, 04:18:54 AM
 #83

Is that the late October batch?

No it should come sooner.

I will do a YouTube video showing how it stacks up against the innosilicon T2Turbo.


I was charged 1800 with free shipping discount.

I paid in btc and it was 1817 due to a slightly different btc rate.

I hope to get this by Friday 14th. Of this month.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
taserz
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September 11, 2018, 04:22:04 AM
 #84

Try shooting HagssFin a pm he would know more then me.

Last dec he set the Demos up.  I did the YouTube videos and he did the write up on the M3.

We each got a demo machine.  We paid for them they were sent early at a very small discount to us.  But that was when Btc was to the moon 19900 usd if I recall

Psst. next time tell them to lew me get in and get a demo unit Smiley early I will pay for it too if I like it... The sooner I get my hands on a machine the sooner I can see what it's limits are running at in the extreme hot and cold and maybe even with a few oc changes to it Smiley

Want to throw me a tip: 1E5bZiPAh7Yt1VqNUyk7y9r48zpbGNTEUA
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philipma1957
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September 11, 2018, 04:38:03 AM
 #85

Psst. next time tell them to lew me get in and get a demo unit Smiley early I will pay for it too if I like it... The sooner I get my hands on a machine the sooner I can see what it's limits are running at in the extreme hot and cold and maybe even with a few oc changes to it Smiley

Well if it does what it says it will be better then the innosilicon T2Turbo

And it is very close to same price.  Haggsfin and I will each have info on this in the next week or so.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
taserz
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September 12, 2018, 02:25:17 AM
 #86

Well if it does what it says it will be better then the innosilicon T2Turbo

And it is very close to same price.  Haggsfin and I will each have info on this in the next week or so.

Pangi's bulk pricing for 100+ and 500-1k units are really nice though compared to inno

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philipma1957
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September 12, 2018, 03:22:25 AM
 #87

Pangi's bulk pricing for 100+ and 500-1k units are really nice though compared to inno

must be nice to order 1000 of them Undecided

    3 are 100th
  30 are 1ph
300 are 10 ph
900 are 100 ph

I wish the solar array could do 100 of them vs 6 or 7 of them

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
taserz
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September 12, 2018, 03:25:02 AM
 #88

must be nice to order 1000 of them Undecided

    3 are 100th
  30 are 1ph
300 are 10 ph
900 are 100 ph

I wish the solar array could do 100 of them vs 6 or 7 of them

You wouldn't be able to cool them with your setup. Your garage would be hell for them too. Right at around 20-25 in a garage where even with 10k cfm your going to have heat problems and need more airflow than that.

Want to throw me a tip: 1E5bZiPAh7Yt1VqNUyk7y9r48zpbGNTEUA
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philipma1957
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September 12, 2018, 04:26:46 AM
 #89

You wouldn't be able to cool them with your setup. Your garage would be hell for them too. Right at around 20-25 in a garage where even with 10k cfm your going to have heat problems and need more airflow than that.

Solar array could hold 30 units and cool them, but once we go over 20kwatts we need to buy power.

And buying power in nj costs too much.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
minefarmbuy
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September 12, 2018, 07:09:12 AM
 #90

Buying power? Let some one here haggle that for you.

philipma1957
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September 12, 2018, 01:00:57 PM
 #91

Buying power? Let some one here haggle that for you.

I may need to find a northwest power guy with good rates.

Getting a second solar array has proven to be really slow here in NJ

I have tracking for the M10  it will arrive on Friday the 14th.

I do hope it can do 65-70 watts a th.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
minefarmbuy
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September 12, 2018, 02:45:06 PM
 #92

Sorry too busy having conversation in thread(s), mods must hate me.

Our listing for the M10 should hit today. We're hoping for better response from Pangolin but I guess they don't like selling many asics. Plus their pricing has been atrocious and steadily declining, we don't like to deal with the bs of buyers being upset on pricing drops for that long. Then their auto cart coupon drives me nuts as a marketer. .. .

Mostly just the selling stuff has been bothersome, as the unit looks great.

mgoz
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September 12, 2018, 03:37:47 PM
 #93

Price is still too high IMO, but being first to market allows them to do that. I expect price wars to start once someone else gets to market. ROI is going to be over a year if you have $0.05 kWh and if specs are accurate. Faster ROI with cheap 841 or S9.   
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September 12, 2018, 03:39:19 PM
 #94

Buying power? Let some one here haggle that for you.

I may need to find a northwest power guy with good rates.

Getting a second solar array has proven to be really slow here in NJ

I have tracking for the M10  it will arrive on Friday the 14th.

I do hope it can do 65-70 watts a th.

I got the shipping confirmation as well and it is due to delivery in Monday.

philipma1957
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September 12, 2018, 05:47:38 PM
 #95

Price is still too high IMO, but being first to market allows them to do that. I expect price wars to start once someone else gets to market. ROI is going to be over a year if you have $0.05 kWh and if specs are accurate. Faster ROI with cheap 841 or S9.  

try  roi at 8 cent power

or roi at 10 cent power

the s9j  does 95 watts a th

this should do 67 watts a th


10 cent power

1 th at 67 watts a th does this


9-13 – 9-13 (1 day)   7019 G   0.06355   0.06292   0.06292  6 cent profit


1th at 95 watts does this

9-13 – 9-13 (1 day)   7019 G   -0.00433   -0.004284   -0.004284   loses .4 cents a th


so at 10 cent power  this allows you profit right now.

the s9j  does not

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
mgoz
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September 13, 2018, 12:27:09 AM
 #96

S9J is 93 W/TH and still profitable at $0.10 kWh depending on pool fees. Anyone that doesn't care about current value/quick profit most likely only cares about $/TH to mine as much BTC as quick as possible with lowest initial investment. M10 is $54/TH and S9 w/PSU is $31/TH.

That's a 43% price increase for 27% increase in efficiency.

If these were priced inline with S9, not considering efficiency increase, it'd be $1,023 ($31*33 TH/s). Add 27% for efficiency increase and this should be priced at $1300.

At $1800, it seems like they are trying to recoup losses on M3 sales when Bitmain and Avalon price warred each other and they didn't follow. They were still trying to sell for $700 for the longest time when S9's were $500.
philipma1957
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September 13, 2018, 04:24:39 AM
 #97

S9J is 93 W/TH and still profitable at $0.10 kWh depending on pool fees. Anyone that doesn't care about current value/quick profit most likely only cares about $/TH to mine as much BTC as quick as possible with lowest initial investment. M10 is $54/TH and S9 w/PSU is $31/TH.

That's a 43% price increase for 27% increase in efficiency.

If these were priced inline with S9, not considering efficiency increase, it'd be $1,023 ($31*33 TH/s). Add 27% for efficiency increase and this should be priced at $1300.

At $1800, it seems like they are trying to recoup losses on M3 sales when Bitmain and Avalon price warred each other and they didn't follow. They were still trying to sell for $700 for the longest time when S9's were $500.

The s9j is 93 watts only in a cold room.

It is more like 95 in a 85f room and more like 97 in a hot room.

If you have 3 4 5 cent power you would be a moron to buy the m10 but at 10 cent power the m10 looks closer and at 12 cent power the m10 looks better.

Why buy an s9j if you have 10 cent power and a hot room it loses money now. Or makes a dime a day.

The m10 makes money at 10 cent power and will do so for months.

The s9j will certainly be the choice of a big guy with 3 4 5 cent power.

But a marginal miner with 10 cent or more power cost the m10 has an attractive feature it makes money now.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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September 13, 2018, 12:53:27 PM
 #98

I Think that maybe with 0,05c doesnt worth the s9j. If the dif keeps increasing like the last months (est 10% per month) and the price stay flat, at 0.05 the s9j became a shit piece of metal in 7 months, without considering other facility costs, M10 could handle 10 months.

Do you guys have any doubts that the dif will not increase 10% per month? cheap bad gears for low cent energy costs and expensive gears for higher cent costs, if price dont go up we are all screwed  Grin
philipma1957
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September 13, 2018, 09:51:56 PM
 #99

I Think that maybe with 0,05c doesnt worth the s9j. If the dif keeps increasing like the last months (est 10% per month) and the price stay flat, at 0.05 the s9j became a shit piece of metal in 7 months, without considering other facility costs, M10 could handle 10 months.

Do you guys have any doubts that the dif will not increase 10% per month? cheap bad gears for low cent energy costs and expensive gears for higher cent costs, if price dont go up we are all screwed  Grin

A lot of truth to what you say.  I really try to get gear on PayPal 6 months no interest when margins are tight like now.

I project the m10 to still be good in 6 months.
I project the s9j to not be good for many miners very soon.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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September 14, 2018, 06:31:54 AM
 #100

I won't coach philip but people be careful with credit even in a bull market. Low efficiency units should be striped, sold, or held for bull. If you're in for pure profit you have to flip to highest efficiency. You'll become a decent trader but not a day trader if you're mining power costs.

If you're looking to gear up now? There's the T2T only. I'd jump Oct batch M10 if I was in market and willing to wait though. From the look the value seems to be there it's just hard to speculate beyond very conservative(ly).

I'm stuck with 821's and s9's on moderate power cost. I won't be happy with these come '19. Look to gear up by Nov/Dec or hold out another quarter to two. Small, big mine, doesn't matter.

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