notlist3d
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July 11, 2015, 02:33:09 AM |
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Looking at it from BTC it was not a huge raise - 1.363 BTC from 1.326 BTC . Which equals 0.037 looking at it this way it does not look quite as bad.
Still stinks for any raise but I don't think that is anyone's profit margin lost as far as that jump.
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marvykkio
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July 11, 2015, 07:31:32 AM |
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the only solution is not to buy anything, so they learn to raise prices, so I suppose that if the price goes up to $ 1,000 btc, an S5 will pay you $ 580?
I still wanted to buy 4 miner s5, but not worth such price miner, shipping price, price customs Italian, today a single s5 cost me $ 550. I do not buy anything, even sell anything.
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notlist3d
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July 11, 2015, 07:39:26 AM |
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the only solution is not to buy anything, so they learn to raise prices, so I suppose that if the price goes up to $ 1,000 btc, an S5 will pay you $ 580?
I still wanted to buy 4 miner s5, but not worth such price miner, shipping price, price customs Italian, today a single s5 cost me $ 550. I do not buy anything, even sell anything.
You can't blame Bitmain on customs though. That is the country's law's. Bitmain did not put a customs up in your case Italy. They control price of miner unit. But shipping and customs are really something they don't control or make money off of. |
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marvykkio
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July 11, 2015, 08:10:12 AM |
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I do not blame bitmain for customs, but this increase in prices for hardware already exists just to make money, it seems excessive, and do not sit well with me
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dogie
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dogiecoin.com
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July 11, 2015, 11:48:36 AM
Last edit: July 11, 2015, 12:13:45 PM by dogie |
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I do not blame bitmain for customs, but this increase in prices for hardware already exists just to make money, it seems excessive, and do not sit well with me
Its tied to $/btc... Are you going to get annoyed that Bitstamp and Coinbase raised their prices for 1btc? |
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pekatete
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July 11, 2015, 03:04:35 PM |
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Watch that BTC rate ........ now S5 up to $439 You thought $399 was tight .......?! (who needs to hedge with LTC when you can simply hoard S5's?)  |
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dog1965
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July 11, 2015, 04:02:59 PM |
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Watch that BTC rate ........ now S5 up to $439 You thought $399 was tight .......?! (who needs to hedge with LTC when you can simply hoard S5's?) GO RAM IT UP YOU A** SHI*MAIN OH I MEANT BITMAIN ! The S5 has that major TEMP BUG the one that sends the S5 into meltdown when you lose your internet connection ! They didn't even fix the firmware for that yet "if its not hardware related" and now they are jacking the price up !! FU BITMAIN! I cant image how a crappy high overpriced S7 will be. If there ever is one there going broke stop stealing Bitmain ! |
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TheRealSteve
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July 11, 2015, 04:16:44 PM |
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dog1965: well, if you don't like the miner, then the price is moot 
Antminer S5 Batch 1 sold for $419 at a time when USD/BTC was at 251.6, so BTC1.665342 March 21st was the cheapest for S5 Batch 5 in archive.org for both USD and BTC at $340 / BTC1.33 (USD/BTC @ 293.39 * 1.33 = $390.21) Currently: $439 / BTC1.491 (USD/BTC @ 294.42 * 1.491 = $438.89) |
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Tupsu
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July 11, 2015, 04:50:47 PM |
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dog1965: well, if you don't like the miner, then the price is moot
Antminer S5 Batch 1 sold for $419 at a time when USD/BTC was at 251.6, so BTC1.665342 March 21st was the cheapest for S5 Batch 5 in archive.org for both USD and BTC at $340 / BTC1.33 (USD/BTC @ 293.39 * 1.33 = $390.21) Currently: $439 / BTC1.491 (USD/BTC @ 294.42 * 1.491 = $438.89) Order Date 2014-12-23 shipped 2014-12-27 Today, they are already over 6 months mined. Must be crazy, to buy the same "shitminer" six months later, for the same price or even more expensively. |
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bgibso01
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July 11, 2015, 04:58:16 PM |
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I do not blame bitmain for customs, but this increase in prices for hardware already exists just to make money, it seems excessive, and do not sit well with me
Its tied to $/btc... Are you going to get annoyed that Bitstamp and Coinbase raised their prices for 1btc? So why did the price not go down when btc was down? IIRC they actually raised the price to $340. |
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jjiimm_64
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July 11, 2015, 04:59:23 PM |
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dog1965: well, if you don't like the miner, then the price is moot
Antminer S5 Batch 1 sold for $419 at a time when USD/BTC was at 251.6, so BTC1.665342 March 21st was the cheapest for S5 Batch 5 in archive.org for both USD and BTC at $340 / BTC1.33 (USD/BTC @ 293.39 * 1.33 = $390.21) Currently: $439 / BTC1.491 (USD/BTC @ 294.42 * 1.491 = $438.89) Order Date 2014-12-23 shipped 2014-12-27 Today, they are already over 6 months mined. Must be crazy, to buy the same "shitminer" six months later, for the same price or even more expensively. "bitmain keeps raising the price of S5's to keep the number of bitcoins the same... 2 weeks ago 14s5's would cost about 21btc... they still do" Yah, this is bullshit.. I would have pulled the trigger today if the USD price was the same as it was 2 weeks ago.. i think about 380 |
1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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aarons6
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July 11, 2015, 05:07:28 PM |
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they are probably using them.. so they calculate the worth as how much they will lose if they sell it.
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Crypto84
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July 11, 2015, 05:08:01 PM |
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they just bumped the price on the S4+ too. now its $1170 before shipping. was $994 like 2 days go. i think it ridiculous that they expect us to wait 6-8 months to ROI (if they last that long) and yet they only warranty them for 3 months. ROI should be as long as the warranty is! total BS.
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aarons6
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July 11, 2015, 05:19:04 PM |
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they just bumped the price on the S4+ too. now its $1170 before shipping. was $994 like 2 days go. i think it ridiculous that they expect us to wait 6-8 months to ROI (if they last that long) and yet they only warranty them for 3 months. ROI should be as long as the warranty is! total BS.
it is, it seems like they dont want you to make a ROI so they keep the price just high enough to get your initial investment at the current btc/usd price. i paid 1.259 btc for mine.. i would buy one again at that price.. but no higher.. sucks too cause i want another one and i almost have enough now. |
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Crypto84
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July 11, 2015, 05:27:42 PM |
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i wish the mining industry learned more from the PC industry. Like bitmain should just make socketed chips and a chipset and let others build motherboards and cases. follow a standard. maybe its to much of a niche for that but still it would be cool. i hope their next Miner is enclosed like the S3. open case is the worst idea ever. i dont care if it saves on shipping. make it out of plastic.
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marvykkio
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July 11, 2015, 05:34:40 PM |
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with this price for me may also be in storage gathering dust, do not buy a high price
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notlist3d
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July 11, 2015, 05:38:36 PM |
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Thanks for posting that is very interesting to read. They really are not selling a ton of them if you look at it. Especially when you consider they are only game in town with this gen in stock shipping new. I guess we will wait and see what they do the speed up sales eventually. |
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pekatete
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July 11, 2015, 05:48:25 PM |
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i wish the mining industry learned more from the PC industry. Like bitmain should just make socketed chips and a chipset and let others build motherboards and cases. follow a standard. maybe its to much of a niche for that but still it would be cool. i hope their next Miner is enclosed like the S3. open case is the worst idea ever. i dont care if it saves on shipping. make it out of plastic.
the pc industry needed to standardise because they had to sell to the masses, with bitcoin asics, they do not have to sell to the masses (only bitmain still do!). And be careful what you wish for in terms of build as you will have to pay a pretty penny for it! Flip side is asic mining rigs are throw away devices, and bitmain must have realised the ills of their design with the S3 (on a technical note, all my open S3's, i.e built from the S1 to S3 kits, perform better than the enclosed ones at any freq), thus the S5's design. |
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