8 Nano by Asic Miner | Bitcointalksearch.org

philipma1957

legendary

Activity: 4102

Merit: 7765

'The right to privacy matters'

Quote from: fccs on September 02, 2018, 11:20:59 PM

Do not buy from this company.

This. Last I looked you must mine to their server only which then switches you to the pool of your choice.

Ie. You have no idea if it is only Mining 4th at 2100 watts and when routed through their server they add 36th.

So you think you are doing 40th.

So you the. Get screwed when they shut down that addon 36th.

Note there is zero proof the theory above is true but the setup they force you to do can do this.

Your risk of not getting a true 40th 2100 watt miner is very high.

If they allow you to mine directly to a pool with no server in between you could see the real hash rate.

So far no one has done this so be very careful buying from them.

fccs

member

Activity: 351

Merit: 47

Do not buy from this company.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Just seems like an interesting design especially with the radiator set. They said they don't do testing units, so we won't be listing out of protection for our buyers.

xhomerx10

legendary

Activity: 3808

Merit: 7912

The pricing is a little too high for what it will mine. At the current difficulty of 6,389,316,883,511.9600 this unit will produce 0.0016 Bitcoin per day. At the present USD rate of Bitcoin, the cost of a single machine is 0.7012 Bitcoin. That means without consideration for electricity costs you need to run this machine for 438 days just to break even. If you use their farm, the electricity cost will be US$0.12 per kWhr or US$6.05 per day or US$2650 for that same 438 days.

So, after 438 days, you will have spend a total of US$7150 at todays Bitcoin prices, that's 1.118 Bitcoin. You don't know exactly how many Bitcoin you will have produced since difficulty will be gradually increasing over that 438 days but if it were fixed at today's difficulty, you would have mined 0.7008 Bitcoin - that's a most unlikely scenario and likely much more than you will mine.

To summarize, you will spend 0.7012 Bitcoin to produce less than 0.7008 Bitcoin while being a further US$2650 out of pocket for electricity. What? You only pay US$0.04 per kWhr?! Well then you're only US$883 out-of-pocket for electricity with fewer Bitcoin than you spent on the machine in the first place.

Buy USD$4500 worth of Bitcoin instead, pocket the 0.7012 BTC and to hell with electricity.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Quote from: sarcheer on August 21, 2018, 11:07:47 AM

Does anyone have any machines from this manufacturer at all, let alone a trusted member of the forum?

Hope to find out as well. Vosk did videos you can view.

sarcheer

copper member

Activity: 330

Merit: 103

Does anyone have any machines from this manufacturer at all, let alone a trusted member of the forum?

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Looks interesting at the very least.

https://asicminer.co/shop/asicminer-compact

https://asicminer.co/shop/vip-membership-50x-asicminer-8-nano

Topic: 8 Nano by Asic Miner (Read 337 times)