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Topic: 28nm 1T ASIC new system is good for market? - page 2. (Read 6826 times)

legendary
Activity: 1666
Merit: 1185
dogiecoin.com
February 18, 2014, 02:17:29 PM
#69
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*
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
February 18, 2014, 01:07:48 PM
#68
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.
legendary
Activity: 1512
Merit: 1000
February 18, 2014, 11:51:18 AM
#67
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.

newbie
Activity: 26
Merit: 0
February 18, 2014, 11:35:31 AM
#66
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.
full member
Activity: 216
Merit: 100
February 18, 2014, 04:58:47 AM
#64
I believe this is the 1TH pre-order mentioned a couple of times on alibaba.com - price seems to match. 6000$

... but I still don't see how this would ever break even. @ 25% diff increments and free electricity I see a loss of 2BTC after two years...



How long do you think the diff will keep its current increment pace? How long do you think the bitcoin will stay in its current price level?

If you do not see the future value of bitcoin, bitcoin mining is always a game of losing money even when the bitcoin reach $10,000, because if you jumped in when it is at $10,000, the diff is not the current level, your calculation still show a loss. If you jumped in now, you will gain profit with the increasing of the bitcoin value in the near future. What if the bitcoin price goes up to $2000, $5000, $10000, $100,000? if you doubt it, check back how much the bitocoin price is 6 months ago, 12 months ago,24 months ago.

The point right now is to find a reliable miner as soon as possible, which is what I am looking for. My research show me that this is the first real 28nm 1T miner which is currently running in a mining pool and very stable from their running status shown in the past two weeks. It is claimed as 3rd generation of 28nm miners, and from the power consumption level (900W) and running stability of the first 60T miner, I think it is very promising. Until I see other companies could put their 28nm miners running and show me reliability, I would put my trust in this one.

If the miners can get US by the end of March, it will be a sweet deal for the price. Let's see when this company will setup their website for ordering from USA.

LOL - If you expect the BTC price to go up significantly you shouldn't mine! You should just BUY bitcoins!
There's no reason to mine if it's a better deal to just buy coins and hold Smiley
hero member
Activity: 1582
Merit: 502
February 18, 2014, 04:46:34 AM
#63
I believe this is the 1TH pre-order mentioned a couple of times on alibaba.com - price seems to match. 6000$

... but I still don't see how this would ever break even. @ 25% diff increments and free electricity I see a loss of 2BTC after two years...



How long do you think the diff will keep its current increment pace? How long do you think the bitcoin will stay in its current price level?

If you do not see the future value of bitcoin, bitcoin mining is always a game of losing money even when the bitcoin reach $10,000, because if you jumped in when it is at $10,000, the diff is not the current level, your calculation still show a loss. If you jumped in now, you will gain profit with the increasing of the bitcoin value in the near future. What if the bitcoin price goes up to $2000, $5000, $10000, $100,000? if you doubt it, check back how much the bitocoin price is 6 months ago, 12 months ago,24 months ago.

The point right now is to find a reliable miner as soon as possible, which is what I am looking for. My research show me that this is the first real 28nm 1T miner which is currently running in a mining pool and very stable from their running status shown in the past two weeks. It is claimed as 3rd generation of 28nm miners, and from the power consumption level (900W) and running stability of the first 60T miner, I think it is very promising. Until I see other companies could put their 28nm miners running and show me reliability, I would put my trust in this one.

If the miners can get US by the end of March, it will be a sweet deal for the price. Let's see when this company will setup their website for ordering from USA.

+1.   Guy probably used mining genesis with default values.

Well, even if you type in fantasy numbers you end up on the losing end. I am curious though since there is a lot of old members that are throwing themselves at the new miners that seems to come out soon around 1 TH/s. They either know something I don't, use a different calculator or are just too rich to care.

They buy, use it for about a month and sell it.
This is the ONLY way you can make money in mining.
Constant upgrades and sales.
Just my 0.02BTC
hero member
Activity: 630
Merit: 500
February 18, 2014, 02:58:26 AM
#62
Following and hoping for a reasonable price.  
Delivery in one month will only earn about $3000 USD over the next 12 months.
Right now it's way too high.

How did you come to these numbers?
One more calc, 20% increase on first retarget period, then decreasing each step by 3%, and still number do not show any profit, earnings $3800.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=3129573175&dcosts=8000&diff_mincrease=20&blpbtc=25&dhsmhs=1000000&diff_mincreasedecrease=3&btcusd=600&dpowcon=1000&btcusd_mincrease=1&pcost=0.15&calcweeks=32&dleadtime=4&action=calc
legendary
Activity: 1593
Merit: 1004
February 17, 2014, 10:05:55 PM
#61
For some mining has become pure hobby after being unable to make any significant ROI.
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.

Sadly, the real payday is when you sell all your miners.  As  long as you don't wait too long.
full member
Activity: 182
Merit: 100
February 17, 2014, 08:44:58 PM
#60
I believe this is the 1TH pre-order mentioned a couple of times on alibaba.com - price seems to match. 6000$

... but I still don't see how this would ever break even. @ 25% diff increments and free electricity I see a loss of 2BTC after two years...



How long do you think the diff will keep its current increment pace? How long do you think the bitcoin will stay in its current price level?

If you do not see the future value of bitcoin, bitcoin mining is always a game of losing money even when the bitcoin reach $10,000, because if you jumped in when it is at $10,000, the diff is not the current level, your calculation still show a loss. If you jumped in now, you will gain profit with the increasing of the bitcoin value in the near future. What if the bitcoin price goes up to $2000, $5000, $10000, $100,000? if you doubt it, check back how much the bitocoin price is 6 months ago, 12 months ago,24 months ago.

The point right now is to find a reliable miner as soon as possible, which is what I am looking for. My research show me that this is the first real 28nm 1T miner which is currently running in a mining pool and very stable from their running status shown in the past two weeks. It is claimed as 3rd generation of 28nm miners, and from the power consumption level (900W) and running stability of the first 60T miner, I think it is very promising. Until I see other companies could put their 28nm miners running and show me reliability, I would put my trust in this one.

If the miners can get US by the end of March, it will be a sweet deal for the price. Let's see when this company will setup their website for ordering from USA.

+1.   Guy probably used mining genesis with default values.

Well, even if you type in fantasy numbers you end up on the losing end. I am curious though since there is a lot of old members that are throwing themselves at the new miners that seems to come out soon around 1 TH/s. They either know something I don't, use a different calculator or are just too rich to care.
hero member
Activity: 746
Merit: 502
Looking for advertising deal
February 17, 2014, 08:37:16 PM
#59
Following and hoping for a reasonable price.  
Delivery in one month will only earn about $3000 USD over the next 12 months.
Right now it's way too high.


How did you come to these numbers?

http://www.coinish.com/calc/#

5 Antminers at $4,590 (7.25 btc) are better deal even with the added current draw.

Let's hope price will be adjusted to the competition.
legendary
Activity: 1593
Merit: 1004
February 17, 2014, 06:48:20 PM
#58
Following and hoping for a reasonable price.  
Delivery in one month will only earn about $3000 USD over the next 12 months.
Right now it's way too high.


How did you come to these numbers?

http://www.coinish.com/calc/#

5 Antminers at $4,590 (7.25 btc) are better deal even with the added current draw.
legendary
Activity: 1512
Merit: 1000
February 17, 2014, 06:41:06 PM
#57
Following and hoping for a reasonable price.  
Delivery in one month will only earn about $3000 USD over the next 12 months.
Right now it's way too high.


How did you come to these numbers?
legendary
Activity: 1593
Merit: 1004
February 17, 2014, 06:37:41 PM
#56
Following and hoping for a reasonable price.  
Delivery in one month will only earn about $3000 USD over the next 12 months.
Right now it's way too high.
legendary
Activity: 1512
Merit: 1000
February 17, 2014, 06:36:05 PM
#55
I believe this is the 1TH pre-order mentioned a couple of times on alibaba.com - price seems to match. 6000$

... but I still don't see how this would ever break even. @ 25% diff increments and free electricity I see a loss of 2BTC after two years...



How long do you think the diff will keep its current increment pace? How long do you think the bitcoin will stay in its current price level?

If you do not see the future value of bitcoin, bitcoin mining is always a game of losing money even when the bitcoin reach $10,000, because if you jumped in when it is at $10,000, the diff is not the current level, your calculation still show a loss. If you jumped in now, you will gain profit with the increasing of the bitcoin value in the near future. What if the bitcoin price goes up to $2000, $5000, $10000, $100,000? if you doubt it, check back how much the bitocoin price is 6 months ago, 12 months ago,24 months ago.

The point right now is to find a reliable miner as soon as possible, which is what I am looking for. My research show me that this is the first real 28nm 1T miner which is currently running in a mining pool and very stable from their running status shown in the past two weeks. It is claimed as 3rd generation of 28nm miners, and from the power consumption level (900W) and running stability of the first 60T miner, I think it is very promising. Until I see other companies could put their 28nm miners running and show me reliability, I would put my trust in this one.

If the miners can get US by the end of March, it will be a sweet deal for the price. Let's see when this company will setup their website for ordering from USA.

+1.   Guy probably used mining genesis with default values.
newbie
Activity: 40
Merit: 0
February 17, 2014, 05:21:55 PM
#54
I believe this is the 1TH pre-order mentioned a couple of times on alibaba.com - price seems to match. 6000$

... but I still don't see how this would ever break even. @ 25% diff increments and free electricity I see a loss of 2BTC after two years...



How long do you think the diff will keep its current increment pace? How long do you think the bitcoin will stay in its current price level?

If you do not see the future value of bitcoin, bitcoin mining is always a game of losing money even when the bitcoin reach $10,000, because if you jumped in when it is at $10,000, the diff is not the current level, your calculation still show a loss. If you jumped in now, you will gain profit with the increasing of the bitcoin value in the near future. What if the bitcoin price goes up to $2000, $5000, $10000, $100,000? if you doubt it, check back how much the bitocoin price is 6 months ago, 12 months ago,24 months ago.

The point right now is to find a reliable miner as soon as possible, which is what I am looking for. My research show me that this is the first real 28nm 1T miner which is currently running in a mining pool and very stable from their running status shown in the past two weeks. It is claimed as 3rd generation of 28nm miners, and from the power consumption level (900W) and running stability of the first 60T miner, I think it is very promising. Until I see other companies could put their 28nm miners running and show me reliability, I would put my trust in this one.

If the miners can get US by the end of March, it will be a sweet deal for the price. Let's see when this company will setup their website for ordering from USA.
full member
Activity: 216
Merit: 100
February 17, 2014, 02:50:18 PM
#53
I believe this is the 1TH pre-order mentioned a couple of times on alibaba.com - price seems to match. 6000$

... but I still don't see how this would ever break even. @ 25% diff increments and free electricity I see a loss of 2BTC after two years...

hero member
Activity: 833
Merit: 1001
February 17, 2014, 09:35:07 AM
#52
if you don't mind can you post videos of hashrate and power consumption, also would like to know what's the noise like and if we can replace the fans to quieter versions.

Do you have a brand name?
Does the miner come with a power supply or do we provide our own? If we need to buy a power supply, how many Watts are required? Does it just need PCI-E connectors?

Named Skywell (or Jingtian).

It has all powers included at the price. You need nothing. Just plug power in and push button.
legendary
Activity: 896
Merit: 1001
February 17, 2014, 08:49:23 AM
#51
If this is real, I would be interested in some.  
full member
Activity: 210
Merit: 100
February 17, 2014, 08:49:02 AM
#50
Such a big company and no website? Not on Taobao or Alibaba or Aliexpress?

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