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Author Topic: Bitmain - Prices are Ridiculous  (Read 6838 times)
Gumbork
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October 20, 2014, 07:00:22 AM
 #21

I too enjoyed the free shipping, but they still have the best price per GH.

Agree, the free shipping was really good until they change it to pay shipping. Now everything seems to be over priced...


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1539874645
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seriouscoin
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October 20, 2014, 08:19:18 AM
 #22

I too enjoyed the free shipping, but they still have the best price per GH.

Agree, the free shipping was really good until they change it to pay shipping. Now everything seems to be over priced...

there is no such thing as free, dumbasses. Its calculated in.

Not a surprise since idiots are still looking into buying.
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October 20, 2014, 03:45:42 PM
 #23

No, it was free. Now it's 100 dollars USD. The price of the actual unit has not dropped significantly. The reason they are charging for shipping is to try to force you onto their cloud. When you checkout now you can choose shipped or umisoo, defaulting to umisoo. Don't buy their cloud. Don't centralize this mechanism. Cool
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October 20, 2014, 09:21:16 PM
 #24

No, it was free. Now it's 100 dollars USD. The price of the actual unit has not dropped significantly. The reason they are charging for shipping is to try to force you onto their cloud. When you checkout now you can choose shipped or umisoo, defaulting to umisoo. Don't buy their cloud. Don't centralize this mechanism. Cool
at least 65% of the network is centralized in the hands of 5 or 6 asic builders

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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October 21, 2014, 02:00:03 AM
 #25

No, it was free. Now it's 100 dollars USD. The price of the actual unit has not dropped significantly. The reason they are charging for shipping is to try to force you onto their cloud. When you checkout now you can choose shipped or umisoo, defaulting to umisoo. Don't buy their cloud. Don't centralize this mechanism. Cool

Actually, its because of bitcoin price dropped a lot and they can no longer cover their price with it..

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October 21, 2014, 03:28:55 AM
 #26

No, it was free. Now it's 100 dollars USD. The price of the actual unit has not dropped significantly. The reason they are charging for shipping is to try to force you onto their cloud. When you checkout now you can choose shipped or umisoo, defaulting to umisoo. Don't buy their cloud. Don't centralize this mechanism. Cool

Actually, its because of bitcoin price dropped a lot and they can no longer cover their price with it..
The price tanked months before they started charging for shipping. It coincided with their rollout of cloud based services just some weeks ago. Cool
Gumbork
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October 22, 2014, 01:58:11 AM
 #27

No, it was free. Now it's 100 dollars USD. The price of the actual unit has not dropped significantly. The reason they are charging for shipping is to try to force you onto their cloud. When you checkout now you can choose shipped or umisoo, defaulting to umisoo. Don't buy their cloud. Don't centralize this mechanism. Cool

Actually, its because of bitcoin price dropped a lot and they can no longer cover their price with it..
The price tanked months before they started charging for shipping. It coincided with their rollout of cloud based services just some weeks ago. Cool

Soon, shipping is going to cost more then their product. We need to stay next to them to be able to ROI..


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1echo
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October 22, 2014, 02:01:41 AM
 #28

they will take down prices soon imo

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October 25, 2014, 05:22:55 PM
 #29

If you care about profitability, S3 is not the best choice, because all the good will bitmain built up is flushing down the brains. Bitmains rep was an asset that they just chucked out the window. Bitmain is now the best option of very bad options, i doubt you will get an affordable ROI.

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October 26, 2014, 12:42:47 PM
 #30

It's not just their prices anymore, their support has gone down the drain too, as well as their lack of quality control. Their S4 release was a joke, completely untested hardware & firmware resulting in either units going up in smoke or users only able to mine at a few select pools efficiently - so much for the "decentralization" they like to promote. Talking of which, they promised their customers that they would be investing heavily in p2pool months ago, but have gone completely silent since then - and the only miner that works with it out of the box is the S3.
S2 users were promised a firmware update over 9 weeks ago to patch many security flaws, but again, nothing - leaving users vulnerable to having their hash rate redirected, as has been reported. The latest S3 firmware update actually breaks the units & has to be fixed immediately after flashing in order to be able to use it again, plus it's slower & performs worse than the earlier firmware, but Bitmain just leave it on their site anyway. S4 users have been promised a firmware update to fix all the issues also, but again, nothing. I can see the S4 users being tossed into the garbage can in the same way the S2 users were after parting with their cash for their latest & greatest units, waiting for promised updates to fix the various issues for weeks but getting ignored while Bitmain are busy promoting their latest model that probably won't work as advertised again due to zero R&D & no testing of firmware.......
Bitmain have thrown their reputation down the drain, and their threads are now littered with dogie poop. I'll not be buying anything else from them again until they clean up their act, and their threads..... Wink

Off to spondoolies I go.

-- Smiley  Thank you for smoking  Smiley --  If you paid VAT to dogie for items you should read this thread:  https://bitcointalk.org/index.php?topic=1018906.0
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October 28, 2014, 09:26:13 AM
 #31

Are they shipping from stock?
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November 14, 2014, 08:45:31 PM
 #32

I know, I know... you are a business, and you here to make money. Compared to other vendors, you are still better. However, charging $140 USD for shipment of 2 S3 miners + high cost of the miners themselves costs more now than it did months ago. Just had to get this thought out there  Cheesy Cheesy Shocked

They are mining with equipment and won't sell to people that are going to make them loose mining revenue if they are not selling very expensively

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charles2k
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November 14, 2014, 10:35:30 PM
 #33

I agree, that it is overpriced.
I wanted to buy 50 maybe 100 units S3+ and I received offer  278USD/1 unit incl. transport, which is higher than price 2 month ago (!). But difficulty is now aprox. 33% higher.
So for such price it is absolutely non sense and unprofitable.
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November 15, 2014, 03:27:15 AM
 #34

Wait for antminer S5, it would deliver a lot of hash in a very compact box (hopefully not too heavy). So the shipment should be cheaper in a way..

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November 15, 2014, 04:11:05 AM
 #35

I agree, that it is overpriced.
I wanted to buy 50 maybe 100 units S3+ and I received offer  278USD/1 unit incl. transport, which is higher than price 2 month ago (!). But difficulty is now aprox. 33% higher.
So for such price it is absolutely non sense and unprofitable.

278USD could be profitable if you can resell those on Ebay after you mine for a few months.

0.68BTC for 441Ghs is 0.001541/Ghs, still too much

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November 15, 2014, 11:38:06 AM
 #36

Wait for antminer S5, it would deliver a lot of hash in a very compact box (hopefully not too heavy). So the shipment should be cheaper in a way..

Is it really worth it buying new equipment even if the btc price is falling? The electricity cost would even eat your profits.
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November 15, 2014, 08:35:58 PM
 #37

Wait for antminer S5, it would deliver a lot of hash in a very compact box (hopefully not too heavy). So the shipment should be cheaper in a way..

Is it really worth it buying new equipment even if the btc price is falling? The electricity cost would even eat your profits.

Some don't pay for electricity or pay a very low price and some can have a BTC ROI in mining. Also the price of BTC may rise.

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November 27, 2014, 01:11:28 PM
 #38

We have confirmation that Bitmaintech will be participating in Bitcoin Black Friday! The deals will be posted on November 28th on our site: http://bitcoindiscounts.net

What do you think the discount will be??

Don't forget to sign up for our newsletter: http://bitcoindiscounts.net/submit
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November 27, 2014, 09:28:58 PM
 #39

What a shocker, Bitmain is working for themselves and not actually for you. Wow unbelievable...
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November 28, 2014, 12:39:01 AM
 #40

ANTMINER C1 Batch 3- Cooling Kits Excluded- 1000GHS are sold at 0.000879/GHS but I don't know and I don't think shipping is included.

It is easier to go on cloudminr and buy 2000GHS at 0.0011/GHS with no maintenance fee

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