ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 - page 106.

Norcoin_

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Quote from: s1lverbox on June 19, 2014, 12:09:55 PM

Got thE message about RMA for bitmain and claim that they asking to mark this as 10$ part.

Bitmain if you reading this-don't behave like spoiled kid. If you putting EU customers on landmine of extra costs because of your description on the box don't expect anything different back from customers.

I wonder what happened to "GAME GATEWAY" and silly 20£ per box?

Why Bitmain changed that for EU customers?

Not trolling but for all s1 extra charges for UPS probably i would have another 10 s1 or more.

Funny is that when price per s1 dropped charge by UPS didnt.

They doing what they want.

Talk about spoiled kids, whining because a company wont lie so you can cheat yourself out of paying what you are suppose to.

bittydude

member

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whats the s1 upgrade?

spazzdla

legendary

Activity: 1722

Merit: 1000

Yaaaaaaaaaaaaaaaaaaaaaaaa I'm getting these!

Do I upgrade my 4 S1's or just buy S3's................ ................ huum...................

djjacket

hero member

Activity: 784

Merit: 501

Quote from: cooldgamer on June 19, 2014, 01:15:49 PM

Can't wait to get a pre-order on one of these. Loving the power efficiency and dual fans. Hopefully the pricing won't be too high so we'll actually have a shot at ROI..

Agreed - If they could price them like the original S1's with regard to difficulty that would be great.

cooldgamer

legendary

Activity: 1218

Merit: 1003

We are the champions of the night

Can't wait to get a pre-order on one of these. Loving the power efficiency and dual fans. Hopefully the pricing won't be too high so we'll actually have a shot at ROI..

xingqiaoyin

sr. member

Activity: 395

Merit: 250

Quote from: s1lverbox on June 19, 2014, 12:09:55 PM

Got thE message about RMA for bitmain and claim that they asking to mark this as 10$ part.

Bitmain if you reading this-don't behave like spoiled kid. If you putting EU customers on landmine of extra costs because of your description on the box don't expect anything different back from customers.

I wonder what happened to "GAME GATEWAY" and silly 20£ per box?

Why Bitmain changed that for EU customers?

Not trolling but for all s1 extra charges for UPS probably i would have another 10 s1 or more.

Funny is that when price per s1 dropped charge by UPS didnt.

They doing what they want.

They told me some customers got their miners confiscated because of undervalue.
Thanks to their popularity and massiVe sales, antminer is now in custom's spotlight

goodney

member

Activity: 102

Merit: 10

Will BITMAIN be selling bare chips to other manufactures?

-a[g

s1lverbox

legendary

Activity: 2324

Merit: 1039

Got thE message about RMA for bitmain and claim that they asking to mark this as 10$ part.

Bitmain if you reading this-don't behave like spoiled kid. If you putting EU customers on landmine of extra costs because of your description on the box don't expect anything different back from customers.

I wonder what happened to "GAME GATEWAY" and silly 20£ per box?

Why Bitmain changed that for EU customers?

Not trolling but for all s1 extra charges for UPS probably i would have another 10 s1 or more.

Funny is that when price per s1 dropped charge by UPS didnt.

They doing what they want.

soothaa

hero member

Activity: 1151

Merit: 528

Very promising looking

PatMan

hero member

Activity: 924

Merit: 1000

Watch out for the "Neg-Rep-Dogie-Police".....

Bitmain: Will the S3's be compatible with p2pool?

Regards.

d57heinz

legendary

Activity: 1453

Merit: 1011

Bitcoin Talks Bullshit Walks

Quote from: GenTarkin on June 19, 2014, 09:55:59 AM

Quote from: dropt on June 19, 2014, 09:32:38 AM

Don't count your ROI in terms of fiat. BTC in vs. BTC out. The only relevance fiat has is if the unit is priced in $ and you need the conversion rate to evaluate the BTC in metric.

Spot on! ... should note that fiat also comes into play w/ power consumption. But, I consider power consumption my investment into Bitcoin, all that matters is can I turn BTC into more BTC ... mining.

Amen!!!

RoadStress

legendary

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Quote from: s1gs3gv on June 19, 2014, 10:20:15 AM

Quote from: GenTarkin on June 19, 2014, 09:55:59 AM

Quote from: dropt on June 19, 2014, 09:32:38 AM

Don't count your ROI in terms of fiat. BTC in vs. BTC out. The only relevance fiat has is if the unit is priced in $ and you need the conversion rate to evaluate the BTC in metric.

Spot on! ... should note that fiat also comes into play w/ power consumption. But, I consider power consumption my investment into Bitcoin, all that matters is can I turn BTC into more BTC ... mining.

Fiat also comes into play in estimation of future demand, hence also difficulty.

Unless the world develops a deep bitcoin economy, fiat ROI considerations are important.

Ok

s1gs3gv

legendary

Activity: 1316

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ex uno plures

Quote from: GenTarkin on June 19, 2014, 09:55:59 AM

Quote from: dropt on June 19, 2014, 09:32:38 AM

Don't count your ROI in terms of fiat. BTC in vs. BTC out. The only relevance fiat has is if the unit is priced in $ and you need the conversion rate to evaluate the BTC in metric.

Spot on! ... should note that fiat also comes into play w/ power consumption. But, I consider power consumption my investment into Bitcoin, all that matters is can I turn BTC into more BTC ... mining.

Fiat also comes into play in estimation of future demand, hence also difficulty.

Unless the world develops a deep bitcoin economy, fiat ROI considerations are important.

Biontic

full member

Activity: 121

Merit: 100

HodL tight, it's gonna get wild

Remember - remember!
Oct09 1000 BTC $0.76
Jan10 1000 BTC $3
Jan11 1000 BTC $300
Jan12 1000 BTC $5,270
Jan13 1000 BTC $13,300
Jan14 1000 BTC $800,000
Jan15 1000 BTC $?,???,??? - answers on a postcard...

As has been clarified umpteen times in this thread - BMT need to position this price carefully by walking a fine line, their considerations are many...

the key ingredients are
i.) make as much profit as possible
ii.) ensure they pique miners appetite for this device
iii.) conform to what ever agreements were made during the recent manufacturers round table gathering http://www.bitell.com/index.php/archives/1963/

Our dreams, wishes and desires... are most likely not on their list.
FWIW - sub 1BTC would be nice, given that the diffs are most likely going to be in the 20+% range for the next number of months.
sub .5BTC would ensure a tsunami of orders...
At the very least - it needs to be priced in BTC

@Bitmain - do the right thing here - for the people that have made you rich!

edit: 100th post Cool

GenTarkin

legendary

Activity: 2450

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Quote from: dropt on June 19, 2014, 09:32:38 AM

Don't count your ROI in terms of fiat. BTC in vs. BTC out. The only relevance fiat has is if the unit is priced in $ and you need the conversion rate to evaluate the BTC in metric.

Spot on! ... should note that fiat also comes into play w/ power consumption. But, I consider power consumption my investment into Bitcoin, all that matters is can I turn BTC into more BTC ... mining.

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: sciack on June 19, 2014, 08:36:30 AM

this is simply wrong for one simple reason, you don't know the BTC value where it will be. And according to my expectations it will rise a lot probably more than double in a couple of months...

Don't count your ROI in terms of fiat. BTC in vs. BTC out. The only relevance fiat has is if the unit is priced in $ and you need the conversion rate to evaluate the BTC in metric.

JCNC

full member

Activity: 177

Merit: 100

Quote from: sciack on June 19, 2014, 08:36:30 AM

Quote from: JCNC on June 19, 2014, 08:13:07 AM

-snip-

this is simply wrong for one simple reason, you don't know the BTC value where it will be. And according to my expectations it will rise a lot probably more than double in a couple of months...

True, I know a lot of what I said was based upon assumption. Seeing the price of BTC rise so much in those months though? I think it's a bit risky imho, but anyone can argue no risk, no gain. So at the end of the day, it's down to those who are prepared to take the risk. For me, the biggest risk is shipping prices for the UK, diff increases and the time it'll take for these to arrive and be up and mining. If BTC genuinely did more than double, then yes, now I'm in business and would consider it.

Sitarow

legendary

Activity: 1792

Merit: 1047

Quote from: bkpduke on June 19, 2014, 08:10:23 AM

Quote from: Sitarow on June 19, 2014, 07:35:27 AM

Quote from: alexrossi on June 19, 2014, 01:32:50 AM

A truly fantastic price would be 0.99 btc shipped, let's see if bitmain can do it

Updated the Difficultly vs Return chart.

Document with various hardware manufactures and estimated shutdown time.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing

Your spondoolies-tech prices are WAY off. And the SP10 is no longer available.

Those are the entries for those who had purchaded the units back then.

It is a baseline for those operating them for there records.

Everyone is free to input their own numbers in to suit their specific prices.

This is just to show that at this time buying btc is a better option.

sciack

member

Activity: 115

Merit: 10

Quote from: BrizTech on June 19, 2014, 05:55:48 AM

What's frustrating, is if any of you have ever dealt with a Bitmain return... They ask you to declare at $10 and label as 'computer gateway', so they don't have to pay import tax their end, but expect us to pay full whack. I know they're one of the best ASIC manufacturers around, but c'mon, need to declare the value lower!

Yes, it happens to me too !! It is unfair!!

s1gs3gv

legendary

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ex uno plures

Quote from: Biffa on June 19, 2014, 08:20:48 AM

Quote from: JCNC on June 19, 2014, 08:13:07 AM

Just running some calculations, for all those saying it will be 1 BTC, based on a 20% diff increase each time, you won't see that money back. Maybe I did something wrong, but hey, I'm just giving it a shot for my own personal calculations.

20% difficulty is wrong judging by current increase levels, now they might be wrong projecting forwards but then again they might not. Most difficulty projections have been overly pessimistic in the past. But the same doom and gloom mongers will come out now and say we are all wrong and it'll be 25% or something daft. As hash rate increases it takes a lot more hardware to make a dent in difficulty than it did before. Most of the new hardware coming out hasn't really been a major change in performance, just iterative improvements in efficiency or performance. So it could stay at 14-15%

I am not a gloom and doom monger by any means. I think 14-15% is optimistic. But the real point here is the risk of the difficulty going ballistic.
And this risk is increasing. The price needs to reflect the risk. There is no point chasing uncertain pennies with dollars unless you have partaken of the kool-aid and are a true believer that BTC will be worth gazillions of $$$ in 5 years.

Kool-aid drinking is anathema to sound investment practices.

Topic: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 - page 106. (Read 143992 times)