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Topic: 2GH NinjaStick USB Miner powered by Bitfury - page 3. (Read 22551 times)

hero member
Activity: 563
Merit: 500
We're doing everything we can to get the price down as low as possible, but please have reasonable expectations as we can't sell them for less than the chips cost, plus theres a bunch of other parts, board, heatsink, and NRE costs that we have to recover.  These small units aren't going to have the world's best ROI, you can only get that promise when you buy $5k worth of vaporware.  Real things in hand cost more than powerpoint slides and renderings. 

Anyhow we are trying to keep a sub $100 price point to give entry level miners some meaningful hashrate.

Hmm, I don't like your comment very much. ASICMINER USB sticks, a real product from a real competitor, is existing competition to your vaporware. Furthermore, and I can't believe this is not obvious, your production costs do not matter to the buyer and should not factor into their expectations.

But ASICMINER USB sticks are 335MH/s which in today's environment is not a 'meaningful hashrate'.  Sure, you can build a farm of them (and I have nothing against them - I have four of them mining myself) but it's not direct competition.

Are there any other USB sticks that offer multi-GH/s hashrates?

roy
sr. member
Activity: 427
Merit: 251
- electronics design|embedded software|verilog -
So this means that Bitfury is releasing design documents necessary for creating our own PCB gerbers???  Is anyone working 10x or 16x boards for these bitfurry chips?  

16x
https://bitcointalksearch.org/topic/m.2796663

2x
https://bitcointalksearch.org/topic/m.2974755
https://bitcointalksearch.org/topic/m.3033766

intron
newbie
Activity: 19
Merit: 0
It takes a good heatsink to really push the bitfury chip, so....

How goes the battle?  Making progress on producing the stick?
legendary
Activity: 910
Merit: 1000
watching
newbie
Activity: 29
Merit: 0
Please dont offset the USB connector to one side, put it in the middle or you maybe shutting out the use of a USB socket to the side of the device.  That is unless the proposed device is so big that its going to do that anyway?...
hero member
Activity: 503
Merit: 500
0.5BTC/Gh/s in October?

Might be a fun toy ~1btc, but anyone paying 100BTC would be taking a huge risk in their ability to resell them for a profit, and they certainly wouldn't be very worthwhile to use in a big mining op.
ASICMINER has already Fucked people over 4 times and counting with their USB sticks... I think the suckers are getting wise...

They haven't fucked anyone over. they gave you a price and you paid it. They are the ONLY ones who have been relyable for delivery. They can't save you from your buying practices. When the Playstation 3 first came out how much was it? How many price decreases has their been? You want it first you pay a premium. As time goes on and sales drop they adjusted the price accordingly.

I couldn't agree more.  You can't blame anyone but yourself for a bad decision YOU made.
full member
Activity: 228
Merit: 100
This is not good for my Chi... Yifu
So this means that Bitfury is releasing design documents necessary for creating our own PCB gerbers???  Is anyone working 10x or 16x boards for these bitfurry chips? 

If only things were that simple.
You have to buy sample chips, design your own board & firmware around the chip. Either that or pay someone else a licensing feeThen you may have to pay someone else to de-bug your code. Then you have to pay through the nose for small quantities of components, PCB's and search around for an SMT factorywho are willing to run your small amount    Wink

cheers,
kev
newbie
Activity: 30
Merit: 0
It takes a good heatsink to really push the bitfury chip, so....



... put one of those on them?
sr. member
Activity: 406
Merit: 250
Excited about this! 
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Really looking forward to filling my USB hubs with these when they become available. Great work !
full member
Activity: 165
Merit: 100
Just mining my own business...
Interested - when the BTC/GH comes down a bit...
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
We're doing everything we can to get the price down as low as possible, but please have reasonable expectations as we can't sell them for less than the chips cost, plus theres a bunch of other parts, board, heatsink, and NRE costs that we have to recover.  These small units aren't going to have the world's best ROI, you can only get that promise when you buy $5k worth of vaporware.  Real things in hand cost more than powerpoint slides and renderings. 

Anyhow we are trying to keep a sub $100 price point to give entry level miners some meaningful hashrate.

Hmm, I don't like your comment very much. ASICMINER USB sticks, a real product from a real competitor, is existing competition to your vaporware. Furthermore, and I can't believe this is not obvious, your production costs do not matter to the buyer and should not factor into their expectations.


There's the Bitcoin spirit. Treat hobbyist's like big faceless corporations.
hero member
Activity: 630
Merit: 500
It takes a good heatsink to really push the bitfury chip, so....

hero member
Activity: 742
Merit: 500
0.5BTC/Gh/s in October?

Might be a fun toy ~1btc, but anyone paying 100BTC would be taking a huge risk in their ability to resell them for a profit, and they certainly wouldn't be very worthwhile to use in a big mining op.
ASICMINER has already Fucked people over 4 times and counting with their USB sticks... I think the suckers are getting wise...

Wait, you mean when they offered me a price and I agreed to pay it, they were actually fucking me over?  I didn't even realize...
sr. member
Activity: 467
Merit: 250

You have PM
hero member
Activity: 728
Merit: 500
Crypto-ideologist


they gave you a price and you paid it

sad but true  Cool
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
0.5BTC/Gh/s in October?

Might be a fun toy ~1btc, but anyone paying 100BTC would be taking a huge risk in their ability to resell them for a profit, and they certainly wouldn't be very worthwhile to use in a big mining op.
ASICMINER has already Fucked people over 4 times and counting with their USB sticks... I think the suckers are getting wise...

They haven't fucked anyone over. they gave you a price and you paid it. They are the ONLY ones who have been relyable for delivery. They can't save you from your buying practices. When the Playstation 3 first came out how much was it? How many price decreases has their been? You want it first you pay a premium. As time goes on and sales drop they adjusted the price accordingly.
hero member
Activity: 532
Merit: 500
0.5BTC/Gh/s in October?

Might be a fun toy ~1btc, but anyone paying 100BTC would be taking a huge risk in their ability to resell them for a profit, and they certainly wouldn't be very worthwhile to use in a big mining op.
ASICMINER has already Fucked people over 4 times and counting with their USB sticks... I think the suckers are getting wise...
sr. member
Activity: 265
Merit: 250
So this means that Bitfury is releasing design documents necessary for creating our own PCB gerbers???  Is anyone working 10x or 16x boards for these bitfurry chips? 
hero member
Activity: 742
Merit: 500
We're doing everything we can to get the price down as low as possible, but please have reasonable expectations as we can't sell them for less than the chips cost, plus theres a bunch of other parts, board, heatsink, and NRE costs that we have to recover.  These small units aren't going to have the world's best ROI, you can only get that promise when you buy $5k worth of vaporware.  Real things in hand cost more than powerpoint slides and renderings.  

Anyhow we are trying to keep a sub $100 price point to give entry level miners some meaningful hashrate.

Hmm, I don't like your comment very much. ASICMINER USB sticks, a real product from a real competitor, is existing competition to your vaporware. Furthermore, and I can't believe this is not obvious, your production costs do not matter to the buyer and should not factor into their expectations.


At present asicminer USB sticks are 0.9BTC+ per GH.  At 0.5 this is a better deal.

However only time will tell whether roi is possible...

Right, if you have both options right now.  However, I guarantee that ASICMiner USB Erupters will drop to BTC.1 or less by October, especially in the secondary market.
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