Minnesooooota (OP)
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October 14, 2014, 06:59:29 AM |
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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jonnybravo0311
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Activity: 1344
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Mine at Jonny's Pool
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October 14, 2014, 12:13:08 PM |
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S3 B1 was 0.75BTC each. On release date, BTC was $620, so each S3 was $465. Total cost for 2 was $930.
S3 B5 was 0.68BTC each. On release date, BTC was $585, so each S3 was $397.80. Total cost for 2 was $795.60.
S3+ B10 is 0.572BTC each. At $400, that's $228.80 each, so $457.60. Shipped to my door via UPS adds 0.333BTC or $133.20. Total cost for 2 is $590.80.
Certainly looks like they've gotten cheaper to me...
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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DMeeks
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October 14, 2014, 01:15:24 PM |
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But the profitability seems to be dropping.. so not worth buying it  |
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jonnybravo0311
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Mine at Jonny's Pool
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October 14, 2014, 01:48:59 PM |
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But the profitability seems to be dropping.. so not worth buying it That's a whole other discussion  |
Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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Minnesooooota (OP)
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Activity: 68
Merit: 10
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October 14, 2014, 05:41:31 PM |
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S3 B1 was 0.75BTC each. On release date, BTC was $620, so each S3 was $465. Total cost for 2 was $930.
S3 B5 was 0.68BTC each. On release date, BTC was $585, so each S3 was $397.80. Total cost for 2 was $795.60.
S3+ B10 is 0.572BTC each. At $400, that's $228.80 each, so $457.60. Shipped to my door via UPS adds 0.333BTC or $133.20. Total cost for 2 is $590.80.
Certainly looks like they've gotten cheaper to me...
Bad comparison. Money was refunded for S3 B1, remember? Also, B7-B10, price has stayed the same. B9 and B8 were cheaper to buy than B10. |
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jonnybravo0311
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Activity: 1344
Merit: 1023
Mine at Jonny's Pool
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October 14, 2014, 05:57:31 PM |
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S3 B1 was 0.75BTC each. On release date, BTC was $620, so each S3 was $465. Total cost for 2 was $930.
S3 B5 was 0.68BTC each. On release date, BTC was $585, so each S3 was $397.80. Total cost for 2 was $795.60.
S3+ B10 is 0.572BTC each. At $400, that's $228.80 each, so $457.60. Shipped to my door via UPS adds 0.333BTC or $133.20. Total cost for 2 is $590.80.
Certainly looks like they've gotten cheaper to me...
Bad comparison. Money was refunded for S3 B1, remember? Also, B7-B10, price has stayed the same. B9 and B8 were cheaper to buy than B10. I'll give you the 7% refund for B1 (I forgot about it to be honest) . While B7 - B9 price remained the same at 0.58 BTC per unit, the value of BTC dropped considerably (down to $280 at one point last week). Bitmain only tacked on shipping to B10, correct? Don't get me wrong, I think it sucks that Bitmain suddenly started to charge for shipping, where they previously never did. However, given that had I actually placed an order for a pair of B10 S3+ when they went on sale, the units would have been 1.16 BTC or ~$350. If you included shipping in that cost, or about $100, Bitmain would have made only $125 per miner. I'm pretty sure this is the reason they decided to start charging for shipping - to not eat too much of their bottom line. |
Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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tripppn
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October 14, 2014, 06:13:47 PM |
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After seeing the B10 price I was sooooo happy I got in on B9 at the last literal second. It sucks the price of btc is so low and that's why the price is so high for equipment. But the price of btc is going the right direction so hopefully we will go back to normal here soon.
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“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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MelodyRowell
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October 16, 2014, 01:05:52 AM |
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After seeing the B10 price I was sooooo happy I got in on B9 at the last literal second. It sucks the price of btc is so low and that's why the price is so high for equipment. But the price of btc is going the right direction so hopefully we will go back to normal here soon.
Lucky you, many people missed the B9 boat  |
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Collider
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October 16, 2014, 07:52:03 AM |
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Bitmain has the cheapest available GH at the moment afaik.
The question you are asking is: will newly bought hardware ROI (quickly).
Nobody can answer that question, as nobody knows the price of BTC in the future, aswell as the difficulty, your power costs....
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MilesJohan
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October 16, 2014, 01:32:23 PM |
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Bitmain actually has the cheapest cloud mining right now. But hope they drop further....
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MileyJohanson
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bitzcointalk
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Activity: 111
Merit: 10
My avatar is in the shop
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October 17, 2014, 03:22:34 AM |
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Sythyn
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October 17, 2014, 03:41:12 AM |
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Its not a scam, just not a good investment thats all... |
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spazzdla
Legendary
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Activity: 1722
Merit: 1000
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October 17, 2014, 05:45:40 PM |
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Some people buy miners to secure the network...
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Snipe85
Sr. Member
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Activity: 756
Merit: 250
Infleum
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October 18, 2014, 01:48:19 AM |
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NO HARDWARE WILL ROI.
That's what people were saying when the first ASICS came out. This can be quoted along with: Bitcoin is dead. Mining is dead. We will never break $100 We will never break $1000 And many other. |
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Kimowa
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October 18, 2014, 03:39:58 AM |
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Some people buy miners to secure the network...
Seriously, I hate those people. They are making electricity company rich.. |
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bitgeek
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October 18, 2014, 06:14:45 PM |
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Looks like the prices aren't that bad and some people are buing in bulk.
GAW just announced that they bought over 5 Petahash from them.
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JessicaSe
Legendary
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Activity: 840
Merit: 1000
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October 19, 2014, 01:33:32 PM |
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Looks like the prices aren't that bad and some people are buing in bulk.
GAW just announced that they bought over 5 Petahash from them.
The price that gaw pay is lower cause they are buying bulk..... So you can't compare if you are only buying 1-2 miner.. |
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Phyzic
Newbie
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Activity: 46
Merit: 0
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October 19, 2014, 01:46:52 PM |
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Instead of looking at price, see the service it will provide you.
You can get much benefit out of it.
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junglecat
Newbie
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Activity: 33
Merit: 0
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October 19, 2014, 11:12:27 PM |
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I too enjoyed the free shipping, but they still have the best price per GH.
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arorts
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October 20, 2014, 06:19:29 AM |
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Looks like the prices aren't that bad and some people are buing in bulk.
GAW just announced that they bought over 5 Petahash from them.
Sure but GAW is jacking prices up. Just compare the price per GH of Genesis hashlets vs S3's. |
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