healthandwealth
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May 11, 2014, 07:40:46 PM |
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As much as I love mining and cryptocurrency, I have to put out a message of caution for anyone new looking to mine. Calculating ROI gives a false impression for those looking to make their money back. Because of all the new script miners that are going to be released for the remainder of the year...ROI may be a difficult thing to come by. The more you spend...the less you may get back. Just keep that in mind when dropping $6k for a mining box. Price drops or not - mining may become a fruitless en devour: where only the vendors of ASICs profit while the miners eat their investment.
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sang
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May 11, 2014, 07:43:33 PM |
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a bit confused 1 gridseed = 333 so 3 are 999 or 1 mh correct?
1 fury = 1 mh correct?
power is close to the same correct?
so buying 3 gridseeds at 60 each if you are a member and have room is as good as buying 1 fury at 199
or is my math off?
I ask since I decided to get 8 more gridseed's my gridseed's run at freq 850 and pull 9 watts.
So at the fury level It looks like my gridseed buy coming on monday was better for me.
Am I correct or do I have a math issue?
You are correct. Pricing of all 2nd gen Scrypt ASICs is just too high at the moment. GAW, Inno, Hashra, Zeus, etc. All about 25-50% more expensive then they really should be IMO. With that said, GAW is competitively priced with the others.
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xspeed9190
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May 11, 2014, 07:44:45 PM |
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As much as I love mining and cryptocurrency, I have to put out a message of caution for anyone new looking to mine. Calculating ROI gives a false impression for those looking to make their money back. Because of all the new script miners that are going to be released for the remainder of the year...ROI may be a difficult thing to come by. The more you spend...the less you may get back. Just keep that in mind when dropping $6k for a mining box. Price drops or not - mining may become a fruitless en devour: where only the vendors of ASICs profit while the miners eat their investment.
I agree, but it only takes one coin to take off that you happened to get lucky on to make it all worth it. When I started I rationalized that at least a GPU does have an alternate use...or should I say a main use LOL as a GPU so it stings less when they are of no use to mine with.
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BTC:19vSvHFzpFegJJsqCnkXTSPQF4UE3Vsm6i
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ComputerCowboy
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May 11, 2014, 08:24:06 PM |
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Good afternoon and happy Mother's Day! I took a small break from my relentless work efforts this fine afternoon and had a wonderful conversation with my Mother which was long overdue. At any rate I wanted to inform you guys that I have a general reliability update going out this afternoon which address a number of things but the main thing it addresses is the issues that some of you have had recently with pool switching. The update is a combination of UI features and back-end automation. The UI features will make the use of the system more clear while also adding one click reconfiguration of the entire account. This is especially useful for some of our clients who have many devices, the current update process is more cumbersome than it needs to be. We are quite well staffed today and are sorting out any and all hosted issues. If you have a question, concern or comment you are encouraged to submit a brand new ticket by emailing support@gawminers.com rather than responding to an old or closed ticket. Creating a new usassigned ticket gets more eyes and should lead to a faster response. Responding to a previously assigned ticket may delay our response as a single person may get tied up doing something other than tickets, we do however always have staff addressing new tickets . Thank you for your continued support. -Jeff
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EasyME
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May 11, 2014, 09:52:49 PM |
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Jeff, thanks for getting my miners all straightened out (great job)... and your working on a Sunday none-the-less to make customers like myself happy makes it even more appreciated *(TY!).
Honestly, I've lost some cash on the price drops of my miners but I'm really glad that you guys (gals) are sticking in there by building us this nice front-end to our miners, the constant support to my questions, the relentless overtime to make it happen -IOW's it does soften the blow to my lost of value in my miners == you still continue to be top shelf in my books ==.
-P.S. I hope you get to read this before it gets delete for some reason or another that I honestly don't understand myself -
Thanks again!
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ComputerCowboy
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May 12, 2014, 12:15:36 AM |
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Jeff, thanks for getting my miners all straightened out (great job)... and your working on a Sunday none-the-less to make customers like myself happy makes it even more appreciated *(TY!).
Honestly, I've lost some cash on the price drops of my miners but I'm really glad that you guys (gals) are sticking in there by building us this nice front-end to our miners, the constant support to my questions, the relentless overtime to make it happen -IOW's it does soften the blow to my lost of value in my miners == you still continue to be top shelf in my books ==.
-P.S. I hope you get to read this before it gets delete for some reason or another that I honestly don't understand myself -
Thanks again!
Read and much appreciated.
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devthedev
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May 12, 2014, 03:18:18 AM |
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Oh wow! The War Machines are some pretty slick miners! I may pick one up in the near future.
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burner2014
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May 12, 2014, 05:14:35 AM |
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Miner laufen zu 100% nur die UI sagt das ein Blade nicht laeuft, dass passiert ungefaehr alle paar Stunden abwechselnd. Koennt ihr ein bisschen erklaeren wie die UI mit den Minern zusammenhaengt? Natuerlich nicht zuviel weil die Konkurrenz liesst mit. Waere super thx!
Cheers!
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ComputerCowboy
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May 12, 2014, 06:33:24 AM |
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Miner laufen zu 100% nur die UI sagt das ein Blade nicht laeuft, dass passiert ungefaehr alle paar Stunden abwechselnd. Koennt ihr ein bisschen erklaeren wie die UI mit den Minern zusammenhaengt? Natuerlich nicht zuviel weil die Konkurrenz liesst mit. Waere super thx!
Cheers!
English translation: Miner run at 100% only the UI says that a blade is not running, that happens about every couple of hours alternately. Can you explain a bit how the UI related to the miners? Of course, not too much because the competition reads with. Would be great thx!
Sometimes the reporting doesn't make it up to the API, the tolerance is pretty tight, so the API expects to hear about each miner, when it does not it assumes it is down. It is a tricky balance, if I increase the tolerance it might misreport it the other way around, that would be worse. -Jeff
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jjj0923
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May 12, 2014, 10:22:03 AM |
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I think Gridseed need to do whats right or they will may lost a lot of business. I disagree - gridseed does not have to do anything - gridseed is not the company that came out with a cheaper replacement - if they did..it would be a different story, but clearly they did not. complain to zeus, gawminers and hashra for releasing faster/cheaper units.... LOL No, you are missing the whole point. If Gridseed can afford to sale baldes in this price now, why did they price them so high in the first place? It is just pure greed. They could price them this low even before, but they wanted to make more money. Ok, wanted to make more money? Fine. But dont drop the price by 40% the next day! I cant even sale those now. They really dont care about customers. Because you always sell at the top of what they market will bear - Business 101 my friend. Why would any business sell anything cheaper than they had to? I've got an idea - go to your boss and tell him you want him to sell your product or service for as little as possible, he will then ask you - ok - what's the minimum amount of money you're willing to work for? and yes - they had to drop the price the next day because market condition changed - that's business. adapt or perish.
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Halofire
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May 12, 2014, 11:44:51 AM |
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Any news/updates on the 'Generation A' miners?
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OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu Friendly reminder: Back up your wallet.dat files!!
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rrob
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May 12, 2014, 12:19:50 PM |
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FYI - ROI is very hard not a days since every month someone drops the price 50% of your miner or add double hash power for the same price. When that happens is coinwarz.com number you thought you make every day is also cut it half. Day trading is the only way to get ROI if you know what you are doing. You can triple up on some good coins. BC, DRK, CINNI, etc.
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AgoraLive
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May 12, 2014, 12:45:01 PM |
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Would somebody from GAW please give us an update on the problems with the miners being down? 36 hours and counting.....? Anybody, pleeeeeease
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x8008
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May 12, 2014, 12:50:17 PM |
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also the restart loop issue is so annoying and my blade is stuck in it for almost 24 hours now.. sent ticket in but no reply
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bsquared
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May 12, 2014, 02:26:14 PM |
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I will have someone come on later this weekend with info on how to redeem your free hardware ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Was this posted somewhere else?
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burner2014
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 12, 2014, 03:08:54 PM |
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also the restart loop issue is so annoying and my blade is stuck in it for almost 24 hours now.. sent ticket in but no reply
Same. Jeff can you give some explanations due to this error? I get this restart loop every day. Is it caused from the Gridseed Blade? Software? Thanks for transparency. Cheers, Chris
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sf_btc
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May 12, 2014, 03:33:00 PM |
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I have viewed this forum for quite some time, never really bothered to post an opinion until now.
After multiple orders with GAW Miners I feel they deserve a +1 from another supporter on this forum. I can say they truly have a team of good people with the qualities needed to go far. Their team really is there to help and not trying to make an extra buck at your expense.
I am hoping to see GAW Miners continue to grow and will be sticking by their side in the long run!
+1 Their customer service really is above the rest. I too, was put off by the recent price decrease after purchasing a my Gridseed. But now I understand it was not GAW's fault. I will continue to be a loyal customer.
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Moria
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May 12, 2014, 10:29:16 PM |
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I have to admit, I was concerned about going with what to me was a new company, but I have been really well looked after. Many times things can go wrong, we are all human and equipment is not always 100% but i have been really impressed by Jeff and the team wanting to make sure everything is right and working properly. They really have gone above and beyond to make sure I am a happy customer, and I am. I will be ordering more stuff from them shortly ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regards M
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philipma1957
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'The right to privacy matters'
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May 12, 2014, 11:15:33 PM |
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I got six grid seeds today. 5 with silver heat sinks purchased directly from gaw miners with the new low members price. They are used gear not new. I don't not mind buying used gear especially at very good prices,but letting us know there are used is helpful. I resell some gear on ebay. I mark it used when it is used and I mark new when it is new. So far all 6 pieces runs at about 350khs each with no issues. I only ask that you let me know I am buying used gear. You have addressed every issue I have every time and really fast. So if you are going to sell off your silver gridseeds that have been used please let the buyers know. Thank you Phil Ps I will order a few more I have 2 on order now. and I rebuilt my grid seed rack . has 18 gridseed in a day it will have 20. I think I will order more on weds. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimagizer.imageshack.us%2Fv2%2F1600x1200q90%2F836%2Fp7a8.jpg&t=665&c=kgxDpeCctGRK9A)
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bitmutiny
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No banking,Only Bitcoin!
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May 12, 2014, 11:20:24 PM |
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I ordered two blades when the website said they were in stock. Got an email saying they were shipped on the 7th, but all USPS has received is electronic info, no shipment. This is now two days after GAW said it shipped, but USPS has not received anything.
What happened to in-stock with immediate shipping? Shipping is not send out electronic info but holding merchandise.
This order from the 7th still has not shipped according to USPS. I love how GAW sends USPS electronic info, and say the order is "shipped" but USPS has yet to receive any shipment.... My GAW Miners customer service experience has been weak so far. Sure, lots of different responses but no answers.
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