ernie-
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June 14, 2014, 10:27:14 AM |
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I just took a look at GAW pricing...
Remember the shitstorm after Gridseed prices dropped? How Gridseed were the bad guys and GAW couldn't honor price protection etc. Let's see who gets the blame for Week 5 prices. 25% below Week 4 in some cases.
GAW get senseless praise! read forum, CEO have it out with Gridseed CEO, now they sell Gridseed machines and use Gridseed price strategy. GAW not change industry, industry change GAW! GAW have been been selling Gridseed well before their other ASIC products, nothing new here. I don't get your point at all.
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suchmoon (OP)
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https://bpip.org
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June 14, 2014, 01:26:58 PM |
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I just took a look at GAW pricing...
Remember the shitstorm after Gridseed prices dropped? How Gridseed were the bad guys and GAW couldn't honor price protection etc. Let's see who gets the blame for Week 5 prices. 25% below Week 4 in some cases.
GAW get senseless praise! read forum, CEO have it out with Gridseed CEO, now they sell Gridseed machines and use Gridseed price strategy. GAW not change industry, industry change GAW! GAW have been been selling Gridseed well before their other ASIC products, nothing new here. I don't get your point at all. Presumably they had a conflict because of the price drop and GAW "fought" for a compensation for their customers, and Gridseed didn't give in, and GAW stopped selling Gridseed products, and then Gridseed begged GAW to start selling it again, or something like that. I don't remember the part of them getting back together in business and how that compensation demand ended.
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arthur jones
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June 14, 2014, 01:32:55 PM |
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I just took a look at GAW pricing...
Remember the shitstorm after Gridseed prices dropped? How Gridseed were the bad guys and GAW couldn't honor price protection etc. Let's see who gets the blame for Week 5 prices. 25% below Week 4 in some cases.
GAW get senseless praise! read forum, CEO have it out with Gridseed CEO, now they sell Gridseed machines and use Gridseed price strategy. GAW not change industry, industry change GAW! GAW have been been selling Gridseed well before their other ASIC products, nothing new here. I don't get your point at all. Presumably they had a conflict because of the price drop and GAW "fought" for a compensation for their customers, and Gridseed didn't give in, and GAW stopped selling Gridseed products, and then Gridseed begged GAW to start selling it again, or something like that. I don't remember the part of them getting back together in business and how that compensation demand ended. thank you moon, this is what I talk about
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Halofire
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June 14, 2014, 02:31:24 PM |
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It's bullshit that ALL zeus chip miners have depreciated so quick, not giving minimum two weeks in between shipments to let miners get their ROI with room to spare especially since no one is making new scrypt coins anymore.
Speculation: Maybe the GEN A's are the step that KNC needed to start releasing the miners? KNC can't release their miners until network hashrates came up. It would cripple 'scrypto'.
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OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu Friendly reminder: Back up your wallet.dat files!!
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suchmoon (OP)
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June 14, 2014, 02:32:56 PM |
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This is actually pretty neat. If I'm logged in to GAW site - as a founder no less - I have HIGHER prices than if I open the site anonymously. And the prices have been raised since I first noticed the drop - this is not the first time that happened, software was blamed previously, bait'n'switch is the scientific term. Black widow Week 5 was 900, then 950, now 1100 or 1200 depending on who you are. Not sure about others, wasn't paying attention. Founder: Nobody:
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Halofire
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June 14, 2014, 02:45:18 PM |
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Wow they change their prices really fast, Falcon yesterday was priced at $1800 for the week 5's.....
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OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu Friendly reminder: Back up your wallet.dat files!!
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lynn_402
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June 14, 2014, 03:38:42 PM |
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Wow they change their prices really fast, Falcon yesterday was priced at $1800 for the week 5's.....
Small advice: when they reduce prices and you hesitate to buy, it's good to put the miner in your cart. That way, if the price goes up later, it will still be the old price in your cart.
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suchmoon (OP)
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June 14, 2014, 10:26:37 PM |
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Yeah they've been fiddling with prices all day long. I could swear I also saw a 10% coupon mentioned but can't find it anymore.
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ernie-
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June 14, 2014, 11:12:35 PM |
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I paid $129 with a zen controller, now they are cheaper but no zen controller.
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damiano
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103 days, 21 hours and 10 minutes.
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June 15, 2014, 03:10:40 AM |
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Yeah they've been fiddling with prices all day long. I could swear I also saw a 10% coupon mentioned but can't find it anymore. I believe you because I saw it as well. I feel the website changes every hour on pricing. I'll have to start taking screen shots. I'm still debating on ordering from them. I've read a lot of bad shit lately.
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CryptoCrusader
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June 15, 2014, 03:41:39 AM |
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I have personally reached out to the last few users that have issues to find out what happened, and see if I can resolve the issue. Most have not responded, but I will insure some kind of resolution when the day.
At this point my issues to date have been resolved satisfactorily. I've not received confirmation of shipping yet but at this point everything is back on track and I await shipping confirmation of my order which I don't expect until the beginning of next week. I hope the pedal doesn't come off the gas again when it comes to customer service. I was very surprised when it did. I will say once you decide to engage the customer and take care of the issues, you do it right. Thanks
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barkinos98
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June 15, 2014, 07:24:58 AM |
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Hah I was right, you are talking to each other here, this is like a care bear thread. And you said one thing right. They made a million sales and only you 2 are sitting here working your keyboards.
Let me see if I get this right - you don't have an answer to the difficulty-vs-power question, right? Just reminding in case you forgot. I'm not a tech guy, why are you asking me that? Let me remind you how this works, because it seems you've never bought anything in your life: 1. You buy a product 2. You don't like it 3. You contact the seller to ask for RMA 4. You give back the gear and get your money Here's how a dumb person acts: 1. Buys a product 2. Gives negative feedback before even receiving an item 3. Gets it and decides he doesn't like it 4. Calls seller a fraud, and punches the keyboard all day in anger 4. Never really gives back the item cause he likes both the product and playing a victim See any similarities? Holy shit man this makes so much sense... Also kinda on an unrelated notice but what good would a ZenController do for me? I'm about to order the $110 miners to try them out and thought it would be much better to buy both at once.
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time flies when you invest well
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healthandwealth
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June 15, 2014, 07:37:52 AM |
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Customer service is relatively good. Sometimes it takes 2 days to get a response from their team. After hearing about all the problems with the hosted miners and UI system being finicky upon changing mining pools and/or restarting downed miners - I decided not to purchase any of the Gen A's. ROI is not possible with LTC/BTC ratio so low and LTC difficulty rising by the day. Just doesn't make any sense to drop that much money for delusions of grandeur. But...if the prices continue to fall as we get into July...then perhaps I'll reconsider. For now, I have no intentions of buying anymore Scrypt ASICs. At least from GAW.
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schnauzr
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June 15, 2014, 01:14:15 PM |
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This is actually pretty neat. If I'm logged in to GAW site - as a founder no less - I have HIGHER prices than if I open the site anonymously. And the prices have been raised since I first noticed the drop - this is not the first time that happened, software was blamed previously, bait'n'switch is the scientific term. Black widow Week 5 was 900, then 950, now 1100 or 1200 depending on who you are. Not sure about others, wasn't paying attention. Founder: Nobody: I noticed the same thing the other day http://www.reddit.com/r/dogemining/comments/282om2/fury_asic_13_mhs_for_9896/ci6tuu2. I'm not a founder but a fairly early adopter and have enough reward points for a discount now. Dunno if that could be it.
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elviselvis101
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June 15, 2014, 01:23:15 PM Last edit: June 15, 2014, 02:18:14 PM by elviselvis101 |
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Customer service is relatively good. Sometimes it takes 2 days to get a response from their team. After hearing about all the problems with the hosted miners and UI system being finicky upon changing mining pools and/or restarting downed miners - I decided not to purchase any of the Gen A's. ROI is not possible with LTC/BTC ratio so low and LTC difficulty rising by the day. Just doesn't make any sense to drop that much money for delusions of grandeur. But...if the prices continue to fall as we get into July...then perhaps I'll reconsider. For now, I have no intentions of buying anymore Scrypt ASICs. At least from GAW.
When I put the data in Coinwarz, I get; http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=54000.00&p=2000.00&pc=0.0&pf=0.00&d=10307.92915087&r=50.00000000&er=0.01709036&btcer=567.43000000&hc=4600.00Based on a static calculation and hosted, that gives roi 1 year = 14.000,- usd (and then you have the machine after) even when diff go up, still looks like ok roi, no ?
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suchmoon (OP)
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June 15, 2014, 03:28:59 PM |
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Customer service is relatively good. Sometimes it takes 2 days to get a response from their team. After hearing about all the problems with the hosted miners and UI system being finicky upon changing mining pools and/or restarting downed miners - I decided not to purchase any of the Gen A's. ROI is not possible with LTC/BTC ratio so low and LTC difficulty rising by the day. Just doesn't make any sense to drop that much money for delusions of grandeur. But...if the prices continue to fall as we get into July...then perhaps I'll reconsider. For now, I have no intentions of buying anymore Scrypt ASICs. At least from GAW.
When I put the data in Coinwarz, I get; http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=54000.00&p=2000.00&pc=0.0&pf=0.00&d=10307.92915087&r=50.00000000&er=0.01709036&btcer=567.43000000&hc=4600.00Based on a static calculation and hosted, that gives roi 1 year = 14.000,- usd (and then you have the machine after) even when diff go up, still looks like ok roi, no ? Difficulty increases make a HUGE difference. Try one of the calculators that account for that, and enter a modest 3% diff increase and you'll see. Also you used zero power cost, which assumes free hosting, I don't think it's going to be free for long. https://bitcoinwisdom.com/litecoin/difficulty
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damiano
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103 days, 21 hours and 10 minutes.
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June 15, 2014, 04:18:24 PM |
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I think to make a profit your better off either
1. mining ltc directly and holding (hoping for a price explosion) 2. mining a new scrypt coin thats HOT 3. mining on a multipool collecting something like (BC, XC, DRK) and also hoping for a price increase
LTC daily profitability on multipools like clevermining etc is going down and you can bet once these bigger scrypt asics ship out its going to tank into the shitter
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suchmoon (OP)
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June 15, 2014, 07:35:28 PM |
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I think to make a profit your better off either
1. mining ltc directly and holding (hoping for a price explosion) 2. mining a new scrypt coin thats HOT 3. mining on a multipool collecting something like (BC, XC, DRK) and also hoping for a price increase
LTC daily profitability on multipools like clevermining etc is going down and you can bet once these bigger scrypt asics ship out its going to tank into the shitter
Only #2 is really a mining strategy, because for #1 or #3 you could just buy the coins and hold with a lot less investment, right? Multipools sometimes take advantage of pump coins, e.g. silkcoin recently on wafflepool etc. Obviously an individual miner has a lot more flexibility than a 20 GH/s pool.
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Mad Macs
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June 15, 2014, 09:30:59 PM |
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Yeah they've been fiddling with prices all day long. I could swear I also saw a 10% coupon mentioned but can't find it anymore. There are no 10% off coupons, $10 off coupons are around. I only have 4% off coupons which is the most they would give me.
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damiano
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103 days, 21 hours and 10 minutes.
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June 15, 2014, 09:38:09 PM |
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I think to make a profit your better off either
1. mining ltc directly and holding (hoping for a price explosion) 2. mining a new scrypt coin thats HOT 3. mining on a multipool collecting something like (BC, XC, DRK) and also hoping for a price increase
LTC daily profitability on multipools like clevermining etc is going down and you can bet once these bigger scrypt asics ship out its going to tank into the shitter
Only #2 is really a mining strategy, because for #1 or #3 you could just buy the coins and hold with a lot less investment, right? Multipools sometimes take advantage of pump coins, e.g. silkcoin recently on wafflepool etc. Obviously an individual miner has a lot more flexibility than a 20 GH/s pool. That's true, but #3 has its uses (to help prop up a price) I would suspect with all these asics coming out we will start to see more scrypt coins once again. Without new coins these are useless and whats left would get raped into nothing
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