21 co introducing bitcoin [mining+] computer for $399.99 (unofficial thread)

worhiper_-_

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Quote from: DiamondCardz on September 28, 2015, 01:00:58 PM

Quote from: TheRealSteve on September 27, 2015, 11:07:00 AM

You mean this?

Quote from: http://samuelrpatterson.com/breakdown-of-hardware-costs-for-new-21-inc-bitcoin-computer/

2. 128 GB memory card: $75.95

If we're talking a normal SD card, you can get 128GB easily for under $40. They're either making frivolous purchases for their hardware, or overpricing their parts. I can't say that this computer is a good deal if the hardware costs are so high for what you get.

They're just greedy over profit margins or overprice their product. The hardware is not worth 400$ in any shape or form, but we haven't gotten to know what the overall service and network is going to be capable of. With all the mystery that 21 leave unexplained I wouldn't expect their device to be anything more than a cash grab.

DiamondCardz

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Quote from: TheRealSteve on September 27, 2015, 11:07:00 AM

You mean this?

Quote from: http://samuelrpatterson.com/breakdown-of-hardware-costs-for-new-21-inc-bitcoin-computer/

2. 128 GB memory card: $75.95

If we're talking a normal SD card, you can get 128GB easily for under $40. They're either making frivolous purchases for their hardware, or overpricing their parts. I can't say that this computer is a good deal if the hardware costs are so high for what you get.

lovenlifelarge

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Quote from: QuintLeo on September 27, 2015, 04:51:15 AM

Quote from: lovenlifelarge on September 26, 2015, 11:03:48 PM

Quote from: alh on September 26, 2015, 01:54:58 AM

Did you mean Ebay or PayPal?

I meant both... Ebay & Paypal...

I'm pretty sure that Ebay sold Paypal back off fairly recently, due to massive underperformance.

I dunno why anyone uses Paypal, it's NOT trustable and widely known to be both a ripoff company and to have a 'corporate plan' that FORCES it to rip folks off to actually make a profit.

Ebay & paypal are owned by the same group of people, What happen just recently was that the two companies had been operating as 1 entity & one of the major shareholders figured that the 2 companies run separately would be worth more money (Cause he want to sell his paypal stake)

So they stopped the companies working as 1 splitting them into 2 making the value of ebay about 700,000,000 & ebay about 600,000,000...

I'm not sure if the major shareholder who caused this to happen has sold his shares or not yet??

TheRealSteve

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FUN > ROI

You mean this?

Quote from: http://samuelrpatterson.com/breakdown-of-hardware-costs-for-new-21-inc-bitcoin-computer/

1. Raspberry Pi 2: $35
2. 128 GB memory card: $75.95
3. Raspberry Pi B+ Power Supply: $6.99
4. Raspberry Pi WIFI Adapter: $8.56
5. Raspberry Pi Cooling Fan: $7.99
6. USB to TTL Serial Cable: $9.95
7. Heat sink: $10
8. 125 gh/s USB miner: $93

SD card selection is way too expensive (even when ignoring the potential fakes), there's a heat sink and cooling fan that's unnecessary (already included in the 2x AntMiner U3 selection; which is an iffy choice in itself, but alright), the wifi adapter is generally unnecessary (odds are you'd place this near some manner of network switch/router - throw in a cheap network cable instead, might even be able to get away with USB), the FTDI cable.. why is that even in there? You're supposed to play with the software, not reconfigure the innards of the rpi2 ..and a few bucks could be shaved off the power supply as well - might as well make that a generic USB power wart instead of being stuck with a 'fixed' microUSB output. The rpi2 is reasonably-priced and similar-level alternatives tend to be priced around $35 as well. Not sure that level would actually be needed, but there's better areas to shave cost at least.

You still wouldn't have the software/whatever they're providing, but in terms of hardware, you can certainly do cheaper.

Biodom

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Quote from: DiamondCardz on September 27, 2015, 04:57:02 AM

Is this thing basically a Raspberry Pi? $400 seems to be a massive markup...it's a nice idea but it really seems too expensive for what you get. It could definitely do without the inefficient mining chip too.

LOL
somebody did the parts analysis and came up with ~$250 in parts (does raspberry pi have 128 gig of flash memory?)
In my opinion, they should have posted it for $250 initially, but it is not a large markup comparing with an iphone, for example (parts ~$200, cost $650)

worhiper_-_

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Quote from: DiamondCardz on September 27, 2015, 04:57:02 AM

Is this thing basically a Raspberry Pi? $400 seems to be a massive markup...it's a nice idea but it really seems too expensive for what you get. It could definitely do without the inefficient mining chip too.

To be fair, we haven't gotten to see the software and the network 21 talks about. Maybe it'll provide owners with access to exclusive features, or maybe not. No way to be certain yet.

DiamondCardz

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Is this thing basically a Raspberry Pi? $400 seems to be a massive markup...it's a nice idea but it really seems too expensive for what you get. It could definitely do without the inefficient mining chip too.

QuintLeo

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Quote from: lovenlifelarge on September 26, 2015, 11:03:48 PM

Quote from: alh on September 26, 2015, 01:54:58 AM

Did you mean Ebay or PayPal?

I meant both... Ebay & Paypal...

I'm pretty sure that Ebay sold Paypal back off fairly recently, due to massive underperformance.

I dunno why anyone uses Paypal, it's NOT trustable and widely known to be both a ripoff company and to have a 'corporate plan' that FORCES it to rip folks off to actually make a profit.

worhiper_-_

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Has anyone here pre-ordered this?

QuintLeo

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Quote from: Biodom on September 26, 2015, 01:32:33 PM

Quote from: alh on September 26, 2015, 01:30:22 PM

OK, so it was the little graphic attached to the Amazon listing that means to you "Selling quite well". I hadn't noticed that before. I wonder what criteria Amazon uses, though that's probably a bit off-topic.

well, the fact that it is #1 in servers tells me that it is "selling quite well" (better than antminer S5, for example, which is #3).

Amazon hasn't had more than 12 S5's LISTED at any point in the last 5 months.

Not real impressive for sales to me.

notlist3d

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Quote from: Biodom on September 26, 2015, 01:32:33 PM

Quote from: alh on September 26, 2015, 01:30:22 PM

OK, so it was the little graphic attached to the Amazon listing that means to you "Selling quite well". I hadn't noticed that before. I wonder what criteria Amazon uses, though that's probably a bit off-topic.

well, the fact that it is #1 in servers tells me that it is "selling quite well" (better than antminer S5, for example, which is #3).

Who buy's miners from amazon though? That is one of the last places people buy S5's, S3's. Ebay and this forum are king.

I am surprised it is in server category. It makes me wonder what its calculation is to get number one. Did it sell more in X day's. How do they have it weigheted.

But either way selling better then I thought.

lovenlifelarge

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Quote from: alh on September 26, 2015, 01:54:58 AM

Quote from: lovenlifelarge on September 25, 2015, 08:47:22 PM

I wasn't joking... Does anyone else not think this could be a possibility?

U dont get Us$100,000,000 in VC for nothing... How much is ebay worth??

$700,000,000, This could be an ebay killer....

Did you mean Ebay or PayPal? I don't think either one has anything to fear from 21Inc. As long as 21Inc tries to march towards an IPO, the VC guys will be happy. The VC guys will get their money back if/when the company tries to go public, The rest is all a sideshow. Nothing says that the VC guys are perfect. They lose money all the time, but as long as they strike it big often enough, they are good. I am just happy it's the VC guys investing money instead of "pre-order customers".

It will be so interesting to revisit this 2-3 years.

I meant both... Ebay & Paypal...

Ebay like for the marketplace & Paypal like for bitcoin payment & escrow..

I think a few of u under estimate these guys cause they are using VC money...

This could be the big ticket item that bitcoin has been waiting for, I think they are holding back details cause they don't really need to release them...

I hope i wont be eating my words later on but i think this is going to be big & a lot bigger than anyone on here is giving credit too..

I just don't think it will focus on mining like a lot of u do.. which in my mind is little too one track minded for bitcoin to ever really succeed

Biodom

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Quote from: alh on September 26, 2015, 01:30:22 PM

OK, so it was the little graphic attached to the Amazon listing that means to you "Selling quite well". I hadn't noticed that before. I wonder what criteria Amazon uses, though that's probably a bit off-topic.

well, the fact that it is #1 in servers tells me that it is "selling quite well" (better than antminer S5, for example, which is #3).

alh

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OK, so it was the little graphic attached to the Amazon listing that means to you "Selling quite well". I hadn't noticed that before. I wonder what criteria Amazon uses, though that's probably a bit off-topic.

Biodom

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Quote from: alh on September 26, 2015, 01:07:28 PM

Quote from: Biodom on September 26, 2015, 11:11:42 AM

.....

apparently, it is selling quite well

I am curios about your insight as to sales. I understand it only to be a pre-order at this time for delivery after November 16th. How could any of us, except perhaps Amazon, know anything about sales?

~~i read about it on zeroblock, will try to find a quote~~...nevermind, i remembered more accurately-someone mentioned it on btctalk and i just checked amazon-it is the best seller in Servers
http://www.amazon.com/Best-Sellers-Computers-Accessories-Computer-Servers/zgbs/pc/11036071/ref=zg_bs_nav_pc_1_pc
I have no insider knowledge whatsoever, sorry.

alh

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Quote from: Biodom on September 26, 2015, 11:11:42 AM

.....

apparently, it is selling quite well

I am curios about your insight as to sales. I understand it only to be a pre-order at this time for delivery after November 16th. How could any of us, except perhaps Amazon, know anything about sales?

Biodom

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Quote from: Searing on September 26, 2015, 02:13:04 AM

well my view is it is just to keep the millions given to them by newbie IPO money happy ..ie hey we have a product

a continuation of the BFL scam only they provided equipment (admittedly 400 buck pi but still)

so it is imho just a way to wave the flag and show they are doing something and get more IPO $$$

if this 400 buck pi device is for devs they are out of their mind no dev will get this when he can do his own thing on a pi or a laptop

if they were REALLY serious about this they would have released an open source developer package with some hopeful guidelines on
what they wanted to accomplish in ecommerce and the rest

the devs would go cool ..grab the package and off they would go on their own laptop or pi to try and move their vision...that would have
gotten the most devs and the most hype imho

this is just a very lame attempt to 'please' the newbie IPO folk they are doing something .it is destined to failure imho

apparently, it is selling quite well

Searing

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Clueless!

well my view is it is just to keep the millions given to them by newbie IPO money happy ..ie hey we have a product

a continuation of the BFL scam only they provided equipment (admittedly 400 buck pi but still)

so it is imho just a way to wave the flag and show they are doing something and get more IPO $$$

if this 400 buck pi device is for devs they are out of their mind no dev will get this when he can do his own thing on a pi or a laptop

if they were REALLY serious about this they would have released an open source developer package with some hopeful guidelines on
what they wanted to accomplish in ecommerce and the rest

the devs would go cool ..grab the package and off they would go on their own laptop or pi to try and move their vision...that would have
gotten the most devs and the most hype imho

this is just a very lame attempt to 'please' the newbie IPO folk they are doing something .it is destined to failure imho

alh

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Quote from: lovenlifelarge on September 25, 2015, 08:47:22 PM

I wasn't joking... Does anyone else not think this could be a possibility?

U dont get Us$100,000,000 in VC for nothing... How much is ebay worth??

$700,000,000, This could be an ebay killer....

Did you mean Ebay or PayPal? I don't think either one has anything to fear from 21Inc. As long as 21Inc tries to march towards an IPO, the VC guys will be happy. The VC guys will get their money back if/when the company tries to go public, The rest is all a sideshow. Nothing says that the VC guys are perfect. They lose money all the time, but as long as they strike it big often enough, they are good. I am just happy it's the VC guys investing money instead of "pre-order customers".

It will be so interesting to revisit this 2-3 years.

lovenlifelarge

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I wasn't joking... Does anyone else not think this could be a possibility?

U dont get Us$100,000,000 in VC for nothing... How much is ebay worth??

$700,000,000, This could be an ebay killer....

Topic: 21 co introducing bitcoin [mining+] computer for $399.99 (unofficial thread) (Read 5193 times)