Topic: [ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING*** - page 94. (Read 576772 times)

Ask your friend about Intel's pricing model. or, any other company producing a product.

Lol. YEs, the only company that increased prices with increased difficulty for those specific cards! Go figure!. Bitfury should stop sucking all miners gains and they should only care about keeping a reasonable USD margin. That's what their business model should be. An engineer friend of mine who works at Intel just saw one of my h-boards a few minutes ago and told me there's no way the marginal cost of that card is more than $100. It's a complete rip off for dummies.

When you buy with bitcoins you are essentially selling them.  So make sure you buy the corresponding number of bitcoins.
When you get a refund you are essentially buying bitcoins.  So sell the corresponding amount.
That way your loss will be minimal.

Ok, now 400M diff is coming up in 2-3 days so you better be ready.  When the pricing for October H-boards was first announced at $350, the difficulty was what? 25-50M?  I don't remember the exact numbers.  But I do remember people on this forum projected 100M to 200M by the end of October.  Those people were flammed, others called them crazy.  

Than after August sold out in hours, the price was jacked up to $500.  But going by what they are really worth, they should be in the $50-$100 range for mining to be marginally profitable.

The problem is that the network is growing faster than anybody anticipated. Today, many believe that network WILL NOT continue on its path up.  Well, guess what, it most likely will.  It will flatten out at some point.  When?  

When everybody and their mother will think it will never flatten out.

no news = bad news.  I wish I got v1 hw with m-boards to actually have a unit to hash with in october.  This is the equivalent to recieving my unit at minium 7-10 days from now.  If you guys can't send it, I'd want my refund on OVN shipping except you'd refund me at the going rate and I would literally only be given a single bitcoin for a peice of hardware that costed me 1.5 btc in shipping.  OK im off my soapbox.

Dave I need to do RMA for 5Hboards and what is  email send to for RMA?

Don't say that too loud otherwise they'll even increase the price to $600 without caring about new reality ;-)

Well, the first of November is the same as the end of this week from a difficulty standpoint. (That's assuming they impeccably ship immediately), erasing 40% of your profits as soon as you open the door to the UPS guy, which WAAYYY offsets any temporary BTC volatility gain. Remember the adage "cash is king"? Well, in the BTC world difficulty is king and will always trump any BTC growth.

As long as there are mining profits, difficulty will continue to grow at not at 30% but at 40% or 45% per jump which we are about to witness. Hence, only suckers will buy any existing h-board inventory at $500. Sure, they are "the only available in-hand stock play in town" but who cares if they are draining every single drop of your blood anyway.

Do you honestly think the immense price drop from $23.5 to $8k for 400 gh kits in only 2 months was really only based on recovering overhead and fixed cost and achieving economies of scale? That initial price was fundamentally based on how much they could take from your profits. They had limited manufacturing capacity so it's not like they could have sold more if they had offered lower prices, hence it's not like "other miners would have taken your profits anyway" as the typical argument some sputter.
 

Got my 3 new H-boards today. Unfortunately, I corrupted my SD card (red light only problem on attempted boot). Hoping that a reimage will fix it.

All of this talk about profitability at $500 per board is fine & dandy but a Bitfury board for immediate shipping is the only game in town.  Although you can still order super inefficient miners from ASICminer and BitSynCom.  So if you still want to increase your hashrate, you can wait for another preorder or you can buy some H Boards.

But yeah, I'd rather pay $300 per board too.

  I am using 2 cables from psu( 2 cable + and 2 cable ground).   I dont think psu problem and I was testing only one by one 4 of them did same drop to 0 hashrate in about 10 minutes also one DOA hboard.

Are you powering it from 2 different PCI-E cables and not the same cable with 2 PCI-E on the end of it? If you are only using 1 cable from PSU it might not be getting enough power.

   I am pretty upset right now and I dont know 5 Hboard arent working right.  I got it yesterday.

v1 M-board and v1 H-boards. They are running pretty damn solid!

  You are good then pass 20 minutes.

Are you running on new V3 h/w?

It's been running for about 20 minutes fine now. Up to 497gh/s

  Did you get any Hboards drop to 0 hashrate about 15 minutes?  I got one DOA and 4 other Hboards drop to 0 hashrate 15 or less.

That warning is really annoying when you are on a pool with auto adjusting difficulty. Makes me wanna slap something.

Just got the rest of my h-boards today! pushing 490gh/s with no overclocking  



Thanks Dave and team Bitfury!

Edit: hit 505gh/s!

Problem is everyone is going to do the same as you so your extra hash power is only good until the next diff increase. There is no money to be made unless you are peddling this shit.

offered a proper price, i would like to fill my m-board. but at $500 it would make no sense. $400 and id buy a few. $300 and id buy a dozen.

I got a starter kit and an october board when they were $450. i doubt ill make more mining vs if i had bought coins at the time, but at the new $170/BTC price, i will probably break even in 4-6 months. I like the hardware, and its power-efficient, but the pricing makes getting profit a tricky situation when were looking at 100%/month increases for the next 2-4 months

+1

Has anyone even ROId on their Aug kit?
If I use the Aug BTC prices of lets say $110 then I just passed 1/2 mark on my $1.3k kit.. that I am running at 45gh/s
With today's prices I just ROIed though.
Definitely not getting the h-card as $500 for let's say 32GH/s is a loosing proposition at this point.