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Author Topic: New price $6K for Jingtian 28nm 1T miner  (Read 5249 times)
skyfromwell (OP)
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February 23, 2014, 10:08:42 AM
 #1

Finally I was able to finish the remaing order due to the backlog of Chinese new years mass.

1. Chips are ready.

2. Boards are ready.

3. Price is good with $6K due to good price discount on chips.

Later today I will give you website to play around.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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February 23, 2014, 12:21:53 PM
 #2

Finally I was able to finish the remaing order due to the backlog of Chinese new years mass.

1. Chips are ready.

2. Boards are ready.

3. Price is good with $6K due to good price discount on chips.

Later today I will give you website to play around.


Too expensive!

ElGabo
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February 23, 2014, 01:45:13 PM
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Finally I was able to finish the remaing order due to the backlog of Chinese new years mass.

1. Chips are ready.

2. Boards are ready.

3. Price is good with $6K due to good price discount on chips.

Later today I will give you website to play around.


Too expensive!

+1

No break even....

" I'm waiting for my punishment, I know it's on my way
  So cut, cut, cut me up and fuck, fuck, fuck me up"
solosequenosenada
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February 23, 2014, 03:34:25 PM
 #4

OVERPRICED
ZBC3
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February 23, 2014, 03:55:21 PM
 #5

Will you have smaller units available?

For Example:

1/4 & 1/2 T units
ujka
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February 23, 2014, 04:00:14 PM
 #6

I don't see break-even here, even with very optimistic params:
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=3129573175&dcosts=6000&diff_mincrease=20&blpbtc=25&dhsmhs=1000000&diff_mincreasedecrease=5&btcusd=630&dpowcon=1000&btcusd_mincrease=1&pcost=0.2&calcweeks=33&dleadtime=3&action=calc
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February 23, 2014, 04:04:47 PM
 #7

CUT THE PRICE
skyfromwell (OP)
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February 23, 2014, 05:13:19 PM
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With quantity, price of course can go down.
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February 23, 2014, 05:46:38 PM
 #9

Skyfromwell,
Why not price is so we can profit with it? Look at antminer, selling out every batch. What's more profitable, selling 2000 units for $3k or a few hundred for 6k? Think about it!
skyfromwell (OP)
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February 23, 2014, 07:12:32 PM
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Skyfromwell,
Why not price is so we can profit with it? Look at antminer, selling out every batch. What's more profitable, selling 2000 units for $3k or a few hundred for 6k? Think about it!

I understand but profit margin is thin so I have to really think what is best for us and for miners. 3k is not going to cover for costs, we do consider something in $5.5K range.
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February 23, 2014, 07:19:37 PM
 #11

Skyfromwell,
Why not price is so we can profit with it? Look at antminer, selling out every batch. What's more profitable, selling 2000 units for $3k or a few hundred for 6k? Think about it!

I understand but profit margin is thin so I have to really think what is best for us and for miners. 3k is not going to cover for costs, we do consider something in $5.5K range.
If margin is thin, do a short run and just farm with them yourselves. Save your energy and money for the next project or opportunity.

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February 23, 2014, 08:08:16 PM
 #12

them was totally scam they only use black arrow chip,now the chips was lower price then they bought,them show me on mining result start from February,http://eligius.st/~wizkid057/newstats/userstats.php/1swrtyBsp9odruX65upeyubAVSAyggh78,around 60T on mining,if you buy with them,is not profit any more,they already get all the profit(coin) on 28nm before to your hand
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February 23, 2014, 08:23:49 PM
 #13

Skyfromwell,
Why not price is so we can profit with it? Look at antminer, selling out every batch. What's more profitable, selling 2000 units for $3k or a few hundred for 6k? Think about it!

I understand but profit margin is thin so I have to really think what is best for us and for miners. 3k is not going to cover for costs, we do consider something in $5.5K range.

Good luck then!

robert1998
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February 23, 2014, 09:56:20 PM
 #14

at this point,  anything > 4000 dollars/T is too expensive unless bitcoin price goes up a lot.
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February 23, 2014, 10:01:13 PM
 #15

Skyfromwell,
Why not price is so we can profit with it? Look at antminer, selling out every batch. What's more profitable, selling 2000 units for $3k or a few hundred for 6k? Think about it!

I understand but profit margin is thin so I have to really think what is best for us and for miners. 3k is not going to cover for costs, we do consider something in $5.5K range.

If you can't build a 1Ths miner at this point for under 3k US maybe you should stick to pirating DVDs

I only have a signature because I'm allowed.
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February 24, 2014, 12:33:55 AM
 #16

Skyfromwell,
Why not price is so we can profit with it? Look at antminer, selling out every batch. What's more profitable, selling 2000 units for $3k or a few hundred for 6k? Think about it!

I understand but profit margin is thin so I have to really think what is best for us and for miners. 3k is not going to cover for costs, we do consider something in $5.5K range.

If you can't build a 1Ths miner at this point for under 3k US maybe you should stick to pirating DVDs

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
skyfromwell (OP)
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February 24, 2014, 02:18:14 AM
 #17

at this point,  anything > 4000 dollars/T is too expensive unless bitcoin price goes up a lot.

I totally agree.

At current price, for us, it is better mining ourselves. But since those systems are for next month, and I think the price of BTC may come up.
skyfromwell (OP)
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February 24, 2014, 02:20:20 AM
 #18

http://www.jtminer.com

Website is here.
bclcjunkie
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February 24, 2014, 03:54:00 AM
 #19

wasn't the price supposed to be 6k? also are you open to escrow deal to gain some trust from bitcointalk community? btw are these bitmine chips?

http://www.jtminer.com

Website is here.
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February 24, 2014, 06:23:04 AM
 #20

them was totally scam they only use black arrow chip,now the chips was lower price then they bought,them show me on mining result start from February,http://eligius.st/~wizkid057/newstats/userstats.php/1swrtyBsp9odruX65upeyubAVSAyggh78,around 60T on mining,if you buy with them,is not profit any more,they already get all the profit(coin) on 28nm before to your hand

hi oswin,

Thanks for your input. However, it is really hard to understand your logic.

1) You said “them was totally scam they only use black arrow chip”, this is a serious allegation and you’d better have hard proofs. We certainly hate any scam as we are burnt before, but we do encourage the new companies which could provide real top line rigs to us.
As I know up to now, there are only 2 new 28nm ASIC rigs coming out soon, this is the one which has real miners running in a pool from the beginning of Feb and frankly you’ve to admit the results was very promising. Another one also boast to ship be the end of March, but does not have real rigs running yet, which means it’s still a toy in the lab and still a long way ( at least 1-2 weeks stability testing) to go from lab to mining pool.

2) You mentioned that “now the chips was lower price then they bought,them show me on mining result start from February, http://eligius.st/~wizkid057/newstats/userstats.php/1swrtyBsp9odruX65upeyubAVSAyggh78,around 60T on mining” , so what’s wrong with that? Actually I just checked their web site, here is quote about their testing miners, which is more clear.

“ In fact, since launched in January, more than 50 sets of JT Miners have been running stably in mining pools for half month without any crashes or hardware problems. The real life performance has been excellent: with 1TH/s hash computing power under low-power mode (can be overclocked as high as 1.2 TH/S under better cooling condition), the power consumption is 640W (ASIC consumption) when being tested on wall socket at 923W (can be optimized at 750W-830W in the newer version). These figures suggest that JT Miner is the most powerful and one of the most energy efficient Bitcoin mining devices utilizing the smallest silicon die area in the market. ”[http://www.jtminer.com/jt-miner-goes-live-for-sale ]

3) You said  “if you buy with them,is not profit any more,they already get all the profit(coin) on 28nm before to your hand”. What’s your logic here? Are you suggest that we should not invested any 28nm rigs because JT Miners have good ones? And you can profit if you get 28nm rigs from other suppliers? And how could “they already get all the profit(coin) on 28nm?” By the way, from  their website, at this moment, this company JT Miner seems mainly open to high volume orders from professional pools, we, as individual miner, need to see if we are lucky to get one in time.

And finally, would you mind to preview what you are writing before posting it to the forum? This is a professional forum and please show your respect to the forum readers.

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