have the S3 miners been reviewed at leaast before jumping in?
If i remember correctly S2 had major issues.
Nothing as of yet, but something could be in the works with dogie? I haven't contacted him at all though.
I'm pretty sure that an upgrade kit for the S1 will consist of 2 new blades with new chips.
I'm guessing 2 new chip boards for S1 upgrade will cost about 30% of a new S3.
Upgrade kit --- .5 btc, new S3 --- 1.5btc.
Maybe we will find out tomorrow.
has to be 1BTC or less. absolutely NO point of paying 1.5BTC, unless you want to throw away $300.
You would be much better off just buying 1.5BTC
Everything that we're (you're) doing is exactly what Bitmain is doing as we speak. They have to find the magic right number to make the miner make sense on paper.
Using the logic of nobody would buy a miner if they would make more buy holding doesn't always execute that way.
Some most people go for profit but there are still some of us willing to buy a unit just to be involved and to tinker. And Bitmain knows this, that is why they will price it just above a break-even maybe so it still makes sense for a buyer. I do agree with how they will test the waters for maximum profit though and adjust accordingly.
It does not have to be this way. If they have a large production capacity and their cost per miner is $100+$80-100 average mail=$180-200, then they can give themselves a nice 100% margin and still be at $360-400. What's wrong with this approach. Fine, 125% margin and be
at $500 (0.85 BTC).
Besides, $500 will swipe away many competitors and gain tremendous market share (possibly to 40-50%)
Instead, always this "nickel and dime"ing with mining manufacturers.
