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chmick
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February 12, 2015, 09:21:28 AM |
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S5 sales are open  1.73 BTC each currently for 1155 GHS I don't see anything to sell on the market only buy offer Yes at the moment you can only buy miners, but I guess that once they'll be delivered (i.e. within 72 hours), buyers of miners will be able to resell GHS on the market. Maybe I miss a thing but it doe not sound like a good deal to me compare to S4 or UMISOO ? |
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Dilemma
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February 12, 2015, 09:25:57 AM |
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finally s5 on market  but i m still with umisso |
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ajw7989
Legendary
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Activity: 924
Merit: 1000
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February 12, 2015, 12:32:08 PM |
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finally s5 on market but i m still with umisso lol now theres too many markets I think umisoo is about to close  |
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kotwica666
Legendary
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Activity: 2296
Merit: 1035
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February 12, 2015, 01:25:37 PM |
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what a price if I am doing the math right currently it is .0014969 per ghash, that is .0006 higher than S4 per ghash. Seems pretty expensive, ill wait for people to sell their shares and when they're low to snag some.
I was waiting for post like this. It looks like S5 is overpriced.. S4 price looks better.. Can someone correct me? |
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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February 12, 2015, 01:40:13 PM |
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If you compare BitMain to any other Mining company; They are the only ones without any real Pre-orders (I don't count waiting a bit for S2 / S3 / S4 / S5).
Show us such a comparison with ASICMiner then.  |
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msarro
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February 12, 2015, 02:58:12 PM |
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Wow, performance has sucked the past 24 hours or so, I'm pretty well in the negatives. It will even out obviously, but it's kind of surprising.
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xstr8guy
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February 12, 2015, 03:09:27 PM |
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You whiny bitches are really pissing me off, lol. The price can only go so low before Bitmain stops making a profit. This isn't a charity nor a communist organization. Profit keeps companies alive. So don't ever expect a company to sell products below their cost to manufacturer. An S5 (or whatever) costs X dollars to produce. And just because the price of BTC is down or the difficulty is up, doesn't mean that they can continue to reduce the cost of mining gear. It was inevitable that it would get to this point. As Jesse Pinkman would say... "It's economics, bitch!"  |
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Xian01
Legendary
Offline
Activity: 1652
Merit: 1067
Christian Antkow
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February 12, 2015, 03:55:53 PM |
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And just because the price of BTC is down or the difficulty is up, doesn't mean that they can continue to reduce the cost of mining gear. It was inevitable that it would get to this point.
As Jesse Pinkman would say... "It's economics, bitch!"
Corollary: Don't wonder why the peasants are sharpening their pitchforks and lighting their torches when pricing is increased. Mining gear should never, EVER, become more expensive to buy new, the longer it is out. |
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Wings1987
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February 12, 2015, 04:49:10 PM |
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You whiny bitches are really pissing me off, lol. The price can only go so low before Bitmain stops making a profit. This isn't a charity nor a communist organization. Profit keeps companies alive. So don't ever expect a company to sell products below their cost to manufacturer. An S5 (or whatever) costs X dollars to produce. And just because the price of BTC is down or the difficulty is up, doesn't mean that they can continue to reduce the cost of mining gear. It was inevitable that it would get to this point. As Jesse Pinkman would say... "It's economics, bitch!" Or more importantly. They can only sell for what people are willing to pay. If $xx is too expensive to ROI on a home miner than don't buy one. Simple. |
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DARKANGEL6415
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February 13, 2015, 01:54:11 AM |
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You whiny bitches are really pissing me off, lol. The price can only go so low before Bitmain stops making a profit. This isn't a charity nor a communist organization. Profit keeps companies alive. So don't ever expect a company to sell products below their cost to manufacturer. An S5 (or whatever) costs X dollars to produce. And just because the price of BTC is down or the difficulty is up, doesn't mean that they can continue to reduce the cost of mining gear. It was inevitable that it would get to this point. As Jesse Pinkman would say... "It's economics, bitch!" i agree now let me pay with my credit card and not bitcoins lol |
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DARKANGEL6415
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February 13, 2015, 01:55:40 AM |
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And just because the price of BTC is down or the difficulty is up, doesn't mean that they can continue to reduce the cost of mining gear. It was inevitable that it would get to this point.
As Jesse Pinkman would say... "It's economics, bitch!"
Corollary: Don't wonder why the peasants are sharpening their pitchforks and lighting their torches when pricing is increased. Mining gear should never, EVER, become more expensive to buy new, the longer it is out. i got my shinny new pitch fork all ready to go my old one just broke but i still love hashnest they done me good for so long |
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msarro
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February 13, 2015, 04:18:08 AM |
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Holy cow - there was just some movement with ltcgear. Maybe i'll get some more funds to throw at S4's! (Yeah, I give it a 1% chance)
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DARKANGEL6415
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February 14, 2015, 03:42:25 AM |
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You can always keep one miner going just for fun lol i busted up laughing so hard core, keep one miner going what is that even going to do, i understand will be just for fun to say keep the hobby going but for real even if running like s4 or s5 after a while that 1 machine running might just be sad cause it is not doing anything or be burning more energy than its worth |
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ajw7989
Legendary
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Activity: 924
Merit: 1000
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February 14, 2015, 04:24:18 AM |
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Holy cow - there was just some movement with ltcgear. Maybe i'll get some more funds to throw at S4's! (Yeah, I give it a 1% chance)
what movement you got me excited but if your referring to that little Q&A on ltctalk then you got my hopes up for nothing lol. Thought you actually heard people getting the money in those waves |
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DARKANGEL6415
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February 14, 2015, 01:32:17 PM |
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You can always keep one miner going just for fun lol i busted up laughing so hard core, keep one miner going what is that even going to do, i understand will be just for fun to say keep the hobby going but for real even if running like s4 or s5 after a while that 1 machine running might just be sad cause it is not doing anything or be burning more energy than its worth Mining is not always profitable. Many mined through the unprofitable periods in the past. Keeping one miner going is no different than solo mining with less than 1% of the network; yet everyone at ckpool does this. If everyone thought as you; Bitcoin would have ceased to exist years ago. lol then lets hope thats not the case but in all honesty i got me umisoo and some s4, i have not seen s5 to buy apart whole unit, i would so buy me 3 maybe 4 units right now if they said we accepting credit cards , but no all bitcoin buy |
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ajw7989
Legendary
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Activity: 924
Merit: 1000
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February 14, 2015, 02:50:12 PM |
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The one thing that pisses me off with hashnest is they are extremely greedy. For example since bitcoin went up today $10-15 they decided to raise the price of the S5 units. That is nothing but pure greed. Since if this pump is only short lived people will get real hurt if they buy now. Instead of letting the customers wait for bitcoin to go up and buy at a good price they raise it even higher than before (you used to be able to get it for about 1.59 btc now its over 1.79).
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ajw7989
Legendary
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Activity: 924
Merit: 1000
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February 14, 2015, 02:54:39 PM |
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425 usd for the S5 on Hashnest, total BS they raised the price, but no I don't think this is a pump. Just let economics rule and if you think it is shit don't buy they will lower it back down.
It really is. Bitmain is becoming an extremely greedy company to be honest and I hope they get hurt bad. When they first came into business they rose quickly since they allowed their customers a nice chance at an ROI now they just are in it for their own cash grab. |
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DARKANGEL6415
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February 14, 2015, 06:17:11 PM |
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The one thing that pisses me off with hashnest is they are extremely greedy. For example since bitcoin went up today $10-15 they decided to raise the price of the S5 units. That is nothing but pure greed. Since if this pump is only short lived people will get real hurt if they buy now. Instead of letting the customers wait for bitcoin to go up and buy at a good price they raise it even higher than before (you used to be able to get it for about 1.59 btc now its over 1.79).
lol that is so messed up hardcore, but that my good man or woman haha, is why i say i wish they had a option to where i can buy the S5 with credit card and have it be hosted with them. Not if i want to use credit card they reffer me to a 3rd party website. Something gate or something like that but they take cc for s5 but its shipped to customer no hosting |
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DARKANGEL6415
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February 14, 2015, 06:22:06 PM |
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425 usd for the S5 on Hashnest, total BS they raised the price, but no I don't think this is a pump. Just let economics rule and if you think it is shit don't buy they will lower it back down.
It really is. Bitmain is becoming an extremely greedy company to be honest and I hope they get hurt bad. When they first came into business they rose quickly since they allowed their customers a nice chance at an ROI now they just are in it for their own cash grab. what the hell man are you serious $425 that is some kind of bad played out sick joke was it not selling like 2 or 3 days ago for like $375. I really hope i am wrong because if the price went up $50 " if it was $375 2-3 days ago " then that means price of bitcoin has bounce up like $30 and they raised the price $50. Come on bitmain dont be greedy it is better to get little proffit each sale over many years than price rape customers for high price for a short time and loose them. Also please dont give me that bullcrap " the are not for charity they need to make profit story " cause i think if they was selling it at $375 then they must have still been making a profit. Maybe i missed something does the price of bitcoin going up affect what was once profitable 3 days ago to the new price of bitcoin? |
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Xian01
Legendary
Offline
Activity: 1652
Merit: 1067
Christian Antkow
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February 14, 2015, 06:29:04 PM |
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425 usd for the S5 on Hashnest, total BS they raised the price, but no I don't think this is a pump. Just let economics rule and if you think it is shit don't buy they will lower it back down.
It really is. Bitmain is becoming an extremely greedy company to be honest and I hope they get hurt bad. When they first came into business they rose quickly since they allowed their customers a nice chance at an ROI now they just are in it for their own cash grab. what the hell man are you serious $425 that is some kind of bad played out sick joke was it not selling like 2 or 3 days ago for like $375. I really hope i am wrong because if the price went up $50 " if it was $375 2-3 days ago " then that means price of bitcoin has bounce up like $30 and they raised the price $50. Come on bitmain dont be greedy it is better to get little proffit each sale over many years than price rape customers for high price for a short time and loose them. Also please dont give me that bullcrap " the are not for charity they need to make profit story " cause i think if they was selling it at $375 then they must have still been making a profit. Maybe i missed something does the price of bitcoin going up affect what was once profitable 3 days ago to the new price of bitcoin? Spondoolies-Tech is available over there -----------> http://www.spondoolies-tech.com/collections/products |
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