CroverNo (OP)
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Activity: 98
Merit: 10
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February 20, 2014, 11:11:14 PM
Last edit: March 24, 2014, 02:49:07 PM by CroverNo |
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Hi folks Work from the supplier that they are already taking pre orders for the new miner which is shipping out to customers on March the 15!! Price is about 5500USD for everything including PSU and Shipping (DHL or UPS) Anyone any feedback on the miner ? Here is some blurb I was sent from the factory in china        What are folks view on this machine ? |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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thomashrev89
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February 20, 2014, 11:17:28 PM |
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we are going to see a huge increase in hashrate soon..
edit: my view is there is a new noob account advertising for that machine every day. whats up?
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miter_myles
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February 20, 2014, 11:21:49 PM |
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yeah.. these are starting to pop up all over now and dont appear to even begin shipping until mid-March.. I think Jack Lao (the big gridseed vendor) first posted something about them... PM'd me the cost would be $6550 USD if I wanted to preorder one from his end which now looks inflated by 1k USD
LA1THS, USD6650 Include DHL express.
thanks.
Jack.
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BTC - 1D7g5395bs7idApTx1KTXrfDW7JUgzx6Z5
LTC - LVFukQnCWUimBxZuXKqTVKy1L2Jb8kZasL
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ScaryHash
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February 21, 2014, 02:52:01 AM |
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If the cost for these is 9.5 BTC, as posted in the other thread, assuming you start mining with it right now (which you can't, so I'm being generous), this will only generate 6.88 BTC in the first year, according to the genesis block.
Even if you calculate it in fiat, at current prices, you've lost money.
BTC would need to go back up to $1k for you to make any money, if you pay in fiat. BTC is a loss.
It sounds nice, to be able to mine at 1 TH, but at this point, it makes no actual sense to spend the $$ or the BTC.
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-ck
Legendary
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Activity: 4102
Merit: 1631
Ruu \o/
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February 21, 2014, 02:59:31 AM |
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Title says "Avalon 28nm"... Avalon are not making any 28nm chips at this stage.
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Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
-ck
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ngzhang
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February 21, 2014, 04:29:21 AM |
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No, they are using Bitmine CoinCraft A1 28nm chips, not ours. TH/s grade machines based on Avalon gen3 chips will come out shortly but not now.  |
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alphaminers
Newbie
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Activity: 42
Merit: 0
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February 21, 2014, 11:04:12 AM |
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If the cost for these is 9.5 BTC, as posted in the other thread, assuming you start mining with it right now (which you can't, so I'm being generous), this will only generate 6.88 BTC in the first year, according to the genesis block.
Even if you calculate it in fiat, at current prices, you've lost money.
BTC would need to go back up to $1k for you to make any money, if you pay in fiat. BTC is a loss.
It sounds nice, to be able to mine at 1 TH, but at this point, it makes no actual sense to spend the $$ or the BTC.
Definitely true! Buying of this rigs pointless.. |
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Xer0
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February 21, 2014, 12:53:57 PM |
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what a stupid case, totally waste of space
they could have made it a bit longer,
and put both psus on the side
or just use a freakin server psu... gosh
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edgie13
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February 21, 2014, 01:06:09 PM |
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what a stupid case, totally waste of space
they could have made it a bit longer,
and put both psus on the side
or just use a freakin server psu... gosh
...and make the psu hot swappable. |
BTC Scotch fund: 1GFZos2WGknCeVgDtjpHwo3jeJ4tSLVrXS
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Bicknellski
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February 21, 2014, 01:11:52 PM |
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No, they are using Bitmine CoinCraft A1 28nm chips, not ours. TH/s grade machines based on Avalon gen3 chips will come out shortly but not now. No thanks. I'll be taking a PASS on Avalon Gen3 given the Gen1 chip debacle! |
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CroverNo01
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February 21, 2014, 03:35:14 PM |
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Hi folks sorry for the mis type in the title I have now secured a batch for shipping on the 25th of Feb, most are local orders but if anyone wants one then I can sort out for them. Other than that I beat all prices from other factorys I don't mark up any of my prices either. I am simply a resller please don't complain to me about this product I just simply let you know I can get these imported  Yes it's a lot of money but some people pay for this speed |
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klondike_bar
Legendary
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Activity: 2128
Merit: 1005
ASIC Wannabe
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February 21, 2014, 03:46:20 PM |
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what a stupid case, totally waste of space
they could have made it a bit longer,
and put both psus on the side
or just use a freakin server psu... gosh
...and make the psu hot swappable. this. Have 2 hot-swap bays for common 600-800W server power supplies. |
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miter_myles
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February 21, 2014, 04:44:30 PM |
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Hi folks sorry for the mis type in the title I have now secured a batch for shipping on the 25th of Feb, most are local orders but if anyone wants one then I can sort out for them. Other than that I beat all prices from other factorys I don't mark up any of my prices either. I am simply a resller please don't complain to me about this product I just simply let you know I can get these imported Yes it's a lot of money but some people pay for this speed Are you the OP as well.. why the other forum account? |
BTC - 1D7g5395bs7idApTx1KTXrfDW7JUgzx6Z5
LTC - LVFukQnCWUimBxZuXKqTVKy1L2Jb8kZasL
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n4spd
Newbie
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Activity: 11
Merit: 0
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February 21, 2014, 05:21:48 PM |
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don't buy from asiabtc (Jack Lao). some of you might have gotten stuff from him before but my experience is terrible.
I pm'd him for 10x scrypt miners and he sent payment info quickly for dhl express shipment. I paid via payapl over 2830 bucks and had to email multiple times to ask for confirmation of payment. Only one email saying staff will track it. Nothing for the next 5 days, I email and pm'd him and no response (even though he was active on both litecointalk.org and here). Finally had to open dispute on paypal and try to get my money back... still no reply...
what a pain.
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marto74
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February 21, 2014, 07:24:20 PM |
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No, they are using Bitmine CoinCraft A1 28nm chips, not ours. TH/s grade machines based on Avalon gen3 chips will come out shortly but not now. Any info doc on Avalon gen 3 chips? If We have some more technical details. We would be able to start designing mining board. |
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iglasses
Legendary
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Activity: 1148
Merit: 1000
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February 22, 2014, 04:26:00 AM |
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Hi folks sorry for the mis type in the title I have now secured a batch for shipping on the 25th of Feb, most are local orders but if anyone wants one then I can sort out for them. Other than that I beat all prices from other factorys I don't mark up any of my prices either. I am simply a resller please don't complain to me about this product I just simply let you know I can get these imported Yes it's a lot of money but some people pay for this speed Don't complain to you? That's the funniest thing I've read today! Start GB with 1yr old account with 7 posts? Reply to your own GB from a different account? Sell something for far too much money that oh btw NOBODY has right now? Catch an attitude before you even have one customer? Very low probability that anyone crazy enough to actually give you money ever sees anything? Sounds like a groupbuy on BCT to me! |
I only have a signature because I'm allowed.
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smoothrunnings
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February 25, 2014, 10:52:10 PM |
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Well for starters this is not an Avalon. It's a clone a best, but even Avalon (Avalon-ASIC.com) at best will have a 40nm chip (which comes out next month). It's also huge in size!
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edgie13
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February 26, 2014, 12:30:34 AM |
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This guy is notorious for failed group buys. If you look in the "Group Buy" section you will see. Also, using two separate accounts with almost identical usernames, makes this even more shadey looking.
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BTC Scotch fund: 1GFZos2WGknCeVgDtjpHwo3jeJ4tSLVrXS
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gentacomp
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March 24, 2014, 02:03:42 PM |
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don't buy from asiabtc (Jack Lao). some of you might have gotten stuff from him before but my experience is terrible.
I pm'd him for 10x scrypt miners and he sent payment info quickly for dhl express shipment. I paid via payapl over 2830 bucks and had to email multiple times to ask for confirmation of payment. Only one email saying staff will track it. Nothing for the next 5 days, I email and pm'd him and no response (even though he was active on both litecointalk.org and here). Finally had to open dispute on paypal and try to get my money back... still no reply...
what a pain.
I dont know if this coincidence (same nickname) but asiabtc is from my country (Indonesia)... |
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ChuckBuck
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March 24, 2014, 02:24:20 PM |
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Very deceiving title, these are the Coincraft A1 clones that have sprouted in almost every other thread.
Between Dragon 1T, Lightning, JT Miner I can't tell the difference.
In China these sell for like $2500-$3000, yet all these sellers try to upsell in the EU and NA for like $4k-$5k.
Can't trust any of these dudes...
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