28nm 1T ASIC new system is good for market?

TheRealSteve

hero member

Activity: 686

Merit: 500

FUN > ROI

And senior sellers know to cater to those starting miners for as long as possible so that they can maximize their profits, instead of selling for pennies on the dollar to the senior miners who are hoping for the best ROI

( I'm sure the senior senior miners will come in any time now and roll eyes at people who buy premade systems instead of rolling their own with spools/trays of chips, and then the senior senior senior miners will shake their had and wave pooled mining contracts around, all while the asic plants have a gigglefit. )

mruiter

sr. member

Activity: 281

Merit: 250

Any news of a nice price drop...?
Mentioned prices are way to high for senior miners. Starting miners will mostly buy at a high price because they just see $$ instead of ROI+profit

jegersmart

full member

Activity: 183

Merit: 100

Quote from: MANofthePEOPLE on February 18, 2014, 06:48:41 PM

Quote from: dropt on February 18, 2014, 12:51:18 PM

Quote from: Swimmer63 on February 17, 2014, 11:05:55 PM

I also think that some veteran miners who have 1-6 Th/s now, ~~feel they~~ have made their investment back on what they have. So it's easy to look at the btc you are still producing and call it free money. So they just buy it. It's not like they have to pull money out of their checking account to buy it. One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Bingo.

A lot of us already have the coins. We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

Why does it matter if you use fiat or BTC when it's still a net loss? Pay 10 btc to mine 5 btc or pay 8k that you could buy 12 btc for. Not that i'm telling people not to buy miners. I realllly want to start mining but I can't really find a calculator that makes me a winner doing so, if I did I would buy in a heartbeat Cheesy

I currently mine with 2Mh on scrypt coins and in 3 months have made 2BTC. This is in a butt ugly basic rig which cost me $1300 to put together with tape and string (and 3x 7970's). I should think at 1TH= machine will have no problem offering ROI - but you have to be a little creative with your trading.... Wink

J

seeksilence

full member

Activity: 239

Merit: 250

You should check the related post:
https://bitcointalksearch.org/topic/new-price-6k-for-jingtian-28nm-1t-miner-482921

yelloyello

full member

Activity: 210

Merit: 100

"under 10 8000 USD"

Then you better buy 5 Antminers.....

ujka

hero member

Activity: 630

Merit: 500

Quote from: skyfromwell on February 24, 2014, 07:23:54 AM

Quote from: papamoi on February 24, 2014, 06:41:39 AM

so you have stolen the chips with them and built the miners?

not serious man

1. Anyone needs to pay 15 BTCs to bad mouth Bitmine? Seriously.

2. The CoinCraft chip that Bitmine claimed are NOT their products. They buought form a Chinese chip company.

What company, and what chip? We like detailed info, and pictures, you know, post some.

This is how A1looks

And this is from your flicker photo, seems to me that there is A1 written on chips.

Yes, that's A1.

skyfromwell

member

Activity: 84

Merit: 10

Quote from: papamoi on February 24, 2014, 06:41:39 AM

so you have stolen the chips with them and built the miners?

not serious man

1. Anyone needs to pay 15 BTCs to bad mouth Bitmine? Seriously.

2. The CoinCraft chip that Bitmine claimed are NOT their products. They buought form a Chinese chip company.

papamoi

sr. member

Activity: 378

Merit: 250

so you have stolen the chips with them and built the miners?

not serious man

skyfromwell

member

Activity: 84

Merit: 10

Quote from: ujka on February 24, 2014, 04:53:14 AM

Not accusing, just read and be carefull everyone:
https://bitcointalksearch.org/topic/m.5332118
[/quote

I am a Chinese native speaker and I have to say the Chinese showing there, will not consider as Chinese. LOL.

Maybe some bad online translation of some original English text?

heavenstar

newbie

Activity: 4

Merit: 0

Quote from: ujka on February 24, 2014, 04:53:14 AM

Not accusing, just read and be carefull everyone:
https://bitcointalksearch.org/topic/m.5332118

The message in chinese in that post seems fake to me. It feels like they are originally written in english and get translated into chinese using google translate. I am wondering who is really playing black PR or get paid for bad review here, Wink

ujka

hero member

Activity: 630

Merit: 500

Not accusing, just read and be carefull everyone:
https://bitcointalksearch.org/topic/m.5332118

bclcjunkie

hero member

Activity: 833

Merit: 1001

precisely... antminers were best decision i ever made in terms of investing into miners.. managed to get extra coins and sell for a profit when the time was right.. truly grateful to bitmain for being considerate to its customer unlike friedcat who buttf..ked noobs whenever there was a chance...

Quote from: dropt on February 18, 2014, 07:29:22 PM

Quote from: MANofthePEOPLE on February 18, 2014, 06:48:41 PM

Quote from: dropt on February 18, 2014, 12:51:18 PM

Quote from: Swimmer63 on February 17, 2014, 11:05:55 PM

I also think that some veteran miners who have 1-6 Th/s now, ~~feel they~~ have made their investment back on what they have. So it's easy to look at the btc you are still producing and call it free money. So they just buy it. It's not like they have to pull money out of their checking account to buy it. One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Bingo.

A lot of us already have the coins. We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

Why does it matter if you use fiat or BTC when it's still a net loss? Pay 10 btc to mine 5 btc or pay 8k that you could buy 12 btc for. Not that i'm telling people not to buy miners. I realllly want to start mining but I can't really find a calculator that makes me a winner doing so, if I did I would buy in a heartbeat Cheesy

Not every option is a net loss. You just have to have enough knowledge to make predictions you're confident in and jump on the deals when they're around.

Most of the people who bought Antminer S1's are going to make BTC -> BTC +ROI. I'll hit mine in less than 20 days on 1.4TH worth.

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: MANofthePEOPLE on February 18, 2014, 06:48:41 PM

Quote from: dropt on February 18, 2014, 12:51:18 PM

Quote from: Swimmer63 on February 17, 2014, 11:05:55 PM

I also think that some veteran miners who have 1-6 Th/s now, ~~feel they~~ have made their investment back on what they have. So it's easy to look at the btc you are still producing and call it free money. So they just buy it. It's not like they have to pull money out of their checking account to buy it. One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Bingo.

A lot of us already have the coins. We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

Why does it matter if you use fiat or BTC when it's still a net loss? Pay 10 btc to mine 5 btc or pay 8k that you could buy 12 btc for. Not that i'm telling people not to buy miners. I realllly want to start mining but I can't really find a calculator that makes me a winner doing so, if I did I would buy in a heartbeat Cheesy

Not every option is a net loss. You just have to have enough knowledge to make predictions you're confident in and jump on the deals when they're around.

Most of the people who bought Antminer S1's are going to make BTC -> BTC +ROI. I'll hit mine in less than 20 days on 1.4TH worth.

greaterninja

hero member

Activity: 924

Merit: 1000

Quote from: ZipTheRip on February 18, 2014, 03:47:49 PM

Quote from: dogie on February 18, 2014, 03:17:29 PM

Quote from: Ronin1 on February 18, 2014, 12:35:31 PM

Suggest you send a unit to a Trustworthy senior member of the community for testing and validation of your product.
Someone like GreaterNinja would be a good choice. I think a lot of people here would agree that he and his team at Ninjatech
have an establised business reputation for reliability, honesty, and technical proficiency within the community.
He could provide feedback to the community.

*not blatantly a shill account*

+1

Although, I do know Ronin, he does not work for NinjaTech and we do not hire or direct him to be publicly supportive of us.

NinjaTech has quite a few customers who are very supportive of our business, just view my webstore thread.

As far as other things, Skyfromwell and NinjaTech have engaged in dialogue. We have yet to verify their product. So I do not advise engaging in business yet. We hope to have a mutually beneficial relationship if we do find them to be legitimate.

papamoi

sr. member

Activity: 378

Merit: 250

Quote from: MANofthePEOPLE on February 18, 2014, 06:48:41 PM

Quote from: dropt on February 18, 2014, 12:51:18 PM

Quote from: Swimmer63 on February 17, 2014, 11:05:55 PM

I also think that some veteran miners who have 1-6 Th/s now, ~~feel they~~ have made their investment back on what they have. So it's easy to look at the btc you are still producing and call it free money. So they just buy it. It's not like they have to pull money out of their checking account to buy it. One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Bingo.

A lot of us already have the coins. We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

Why does it matter if you use fiat or BTC when it's still a net loss? Pay 10 btc to mine 5 btc or pay 8k that you could buy 12 btc for. Not that i'm telling people not to buy miners. I realllly want to start mining but I can't really find a calculator that makes me a winner doing so, if I did I would buy in a heartbeat Cheesy

well it seems gay pride members like dropt and loshia doesnt know how to count

MANofthePEOPLE

full member

Activity: 182

Merit: 100

Quote from: dropt on February 18, 2014, 12:51:18 PM

Quote from: Swimmer63 on February 17, 2014, 11:05:55 PM

I also think that some veteran miners who have 1-6 Th/s now, ~~feel they~~ have made their investment back on what they have. So it's easy to look at the btc you are still producing and call it free money. So they just buy it. It's not like they have to pull money out of their checking account to buy it. One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Bingo.

A lot of us already have the coins. We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

Why does it matter if you use fiat or BTC when it's still a net loss? Pay 10 btc to mine 5 btc or pay 8k that you could buy 12 btc for. Not that i'm telling people not to buy miners. I realllly want to start mining but I can't really find a calculator that makes me a winner doing so, if I did I would buy in a heartbeat Cheesy

skyfromwell

member

Activity: 84

Merit: 10

Quote from: ZipTheRip on February 18, 2014, 03:47:49 PM

Quote from: dogie on February 18, 2014, 03:17:29 PM

Quote from: Ronin1 on February 18, 2014, 12:35:31 PM

Suggest you send a unit to a Trustworthy senior member of the community for testing and validation of your product.
Someone like GreaterNinja would be a good choice. I think a lot of people here would agree that he and his team at Ninjatech
have an establised business reputation for reliability, honesty, and technical proficiency within the community.
He could provide feedback to the community.

*not blatantly a shill account*

+1

I am in contact with them now.

papamoi

sr. member

Activity: 378

Merit: 250

well

there is some gay bastards like loshia and dropt who just here to waste people s time and feed their posts with gay proposals

i want just to suggest them to get a room and finish whatever dirty job they want to do and leave forumers alone

thanks

ZipTheRip

member

Activity: 75

Merit: 10

Quote from: dogie on February 18, 2014, 03:17:29 PM

Quote from: Ronin1 on February 18, 2014, 12:35:31 PM

Suggest you send a unit to a Trustworthy senior member of the community for testing and validation of your product.
Someone like GreaterNinja would be a good choice. I think a lot of people here would agree that he and his team at Ninjatech
have an establised business reputation for reliability, honesty, and technical proficiency within the community.
He could provide feedback to the community.

*not blatantly a shill account*

+1

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: Cablez on February 18, 2014, 02:07:48 PM

Quote from: dropt on February 18, 2014, 12:51:18 PM

Quote from: Swimmer63 on February 17, 2014, 11:05:55 PM

I also think that some veteran miners who have 1-6 Th/s now, ~~feel they~~ have made their investment back on what they have. So it's easy to look at the btc you are still producing and call it free money. So they just buy it. It's not like they have to pull money out of their checking account to buy it. One to two weeks of mining will get them the purchase price and then they have another 1 Th/s, or maybe more.

Bingo.

A lot of us already have the coins. We're not using fiat to buy more miners, so the idea of just buying btc instead is moot.

The flipside of that is however that each purchase must be carefully vetted to return at least the same number of BTC as invested or why bother in the first place.

Absolutely.

Topic: 28nm 1T ASIC new system is good for market? (Read 6769 times)