Quote
The sudden drop in BTC value really top down their plans.
It won't they'll probably link the cost to the dollar price ... as they did with the S2.
Topic: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 - page 85. (Read 143992 times)
It won't they'll probably link the cost to the dollar price ... as they did with the S2.
They are delaying it because of technical issues, they are test running the s3s to provide the same reliable miner s1 was with the same price that will ROI just like s1 did. Maybe just one day before diff hits 16G they would open for orders.
My wallet is ready ! ^^
S1 was and are still rock solid.
I expect the same reliability.
Go Bitmain ! Go !
They promised they will give a promise of release in a week. So that will be soon. After all Bitmaintech is the most trusted manufacturer since now.
The sudden drop in BTC value really top down their plans.
The sudden drop in BTC value really top down their plans.
They are delaying it because of technical issues, they are test running the s3s to provide the same reliable miner s1 was with the same price that will ROI just like s1 did. Maybe just one day before diff hits 16G they would open for orders.
Maybe I missed it but didn't they say S3 are going to go on sale in 3 days - aren't we passed the deadline?
They revised it to 1 week
Maybe I missed it but didn't they say S3 are going to go on sale in 3 days - aren't we passed the deadline?
I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be 
Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.
The real issue is will fiat to btc change a lot. I purchased 2 coins at 560-570 usd so lets say I spent 1130 fiat for the coins.
So for the sake of easy math I send two coins for 2 machines. I want my fiat back.
So will I get it? not if coins stay at 565 usd and diff moves crazy.
So what to do as a smaller miner get cheap power under 5 cents I roi .
Buy 2 sell one on ebay hoping to make 200 on it. letting me get the one I keep cheaper then oem price maybe.
Hold my 2 coins that I purchased for 1130 hope for price shift maybe.
FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro
I disagree, I've been selling Bitmain products on EBay for about 4 months and I can always sell them two weeks later and at the very least breakeven after ebay fee's and customs fees. So technically I have been mining for free for over 4 months. EBay buyers are often in my experience fairly clueless on Bitcoin and the mining process. They often have recently heard of it and gone onto EBay then jumped into buying hardware without really knowing what they are financially up against.
Selling you hardware frequently is unfortunately the ONLY way to mine on a small scale at the moment, otherwise you'd be better off just hoarding your bitcoin for a while.
You rely on noobs. Loads of people known about bitmain but are scared or have no BTC to purchase directly.
Plus paying in fiat for them is more comfortable as they can use paypal etc.
Back to my favorite OFF_TOPIC subject...E-Bay ...
Does E-Bay have their own forum(s)...
I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be
Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.
The real issue is will fiat to btc change a lot. I purchased 2 coins at 560-570 usd so lets say I spent 1130 fiat for the coins.
So for the sake of easy math I send two coins for 2 machines. I want my fiat back.
So will I get it? not if coins stay at 565 usd and diff moves crazy.
So what to do as a smaller miner get cheap power under 5 cents I roi .
Buy 2 sell one on ebay hoping to make 200 on it. letting me get the one I keep cheaper then oem price maybe.
Hold my 2 coins that I purchased for 1130 hope for price shift maybe.
FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro
I disagree, I've been selling Bitmain products on EBay for about 4 months and I can always sell them two weeks later and at the very least breakeven after ebay fee's and customs fees. So technically I have been mining for free for over 4 months. EBay buyers are often in my experience fairly clueless on Bitcoin and the mining process. They often have recently heard of it and gone onto EBay then jumped into buying hardware without really knowing what they are financially up against.
Selling you hardware frequently is unfortunately the ONLY way to mine on a small scale at the moment, otherwise you'd be better off just hoarding your bitcoin for a while.
You rely on noobs. Loads of people known about bitmain but are scared or have no BTC to purchase directly.
Plus paying in fiat for them is more comfortable as they can use paypal etc.
I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be
Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.
The real issue is will fiat to btc change a lot. I purchased 2 coins at 560-570 usd so lets say I spent 1130 fiat for the coins.
So for the sake of easy math I send two coins for 2 machines. I want my fiat back.
So will I get it? not if coins stay at 565 usd and diff moves crazy.
So what to do as a smaller miner get cheap power under 5 cents I roi .
Buy 2 sell one on ebay hoping to make 200 on it. letting me get the one I keep cheaper then oem price maybe.
Hold my 2 coins that I purchased for 1130 hope for price shift maybe.
FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro
I disagree, I've been selling Bitmain products on EBay for about 4 months and I can always sell them two weeks later and at the very least breakeven after ebay fee's and customs fees. So technically I have been mining for free for over 4 months. EBay buyers are often in my experience fairly clueless on Bitcoin and the mining process. They often have recently heard of it and gone onto EBay then jumped into buying hardware without really knowing what they are financially up against.
Selling you hardware frequently is unfortunately the ONLY way to mine on a small scale at the moment, otherwise you'd be better off just hoarding your bitcoin for a while.
S3 can probably overclocked to 554Ghs as per datasheet.
Just when I though the difficulty would slow down and the jump just scared me.
Hold on to the coins for now and wait until things are clearer and market pressures force down the price of equipment.
I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be
Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.
The real issue is will fiat to btc change a lot. I purchased 2 coins at 560-570 usd so lets say I spent 1130 fiat for the coins.
So for the sake of easy math I send two coins for 2 machines. I want my fiat back.
So will I get it? not if coins stay at 565 usd and diff moves crazy.
So what to do as a smaller miner get cheap power under 5 cents I roi .
Buy 2 sell one on ebay hoping to make 200 on it. letting me get the one I keep cheaper then oem price maybe.
Hold my 2 coins that I purchased for 1130 hope for price shift maybe.
FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro
I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be
Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.
The real issue is will fiat to btc change a lot. I purchased 2 coins at 560-570 usd so lets say I spent 1130 fiat for the coins.
So for the sake of easy math I send two coins for 2 machines. I want my fiat back.
So will I get it? not if coins stay at 565 usd and diff moves crazy.
So what to do as a smaller miner get cheap power under 5 cents I roi .
Buy 2 sell one on ebay hoping to make 200 on it. letting me get the one I keep cheaper then oem price maybe.
Hold my 2 coins that I purchased for 1130 hope for price shift maybe.
with this kind of situation...
S3 will be over 1BTC...
S3 will be over 1BTC...
Stop spam posting your donation address and links to your crappy p2p node.
thanks
thanks
Come on, man, it's not completely off-topic, just slightly.
Edit: His P2Pool front-end implementation is also the best to date, to be clear.
Thanks Tracer, as Bitmain claims to have around 20% of the total hash rate right now I think compatibility with p2pool is an important topic...
I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be
The biggest difficulty increase since December. Damn............. 
yeah and with a lot major companies
Black Arrow
BFL
KNC
Bitmaintech
AM
3x 20 plus is a good bet.
YIKES! Down goes the home miner...
Time to start clearing out the mini mine.
The biggest difficulty increase since December. Damn.............
yeah and with a lot major companies
Black Arrow
BFL
KNC
Bitmaintech
AM
3x 20 plus is a good bet.
The biggest difficulty increase since December. Damn.............
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