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Topic: [Announcement] Block Erupter USB - page 54. (Read 251944 times)

hero member
Activity: 628
Merit: 504
May 04, 2013, 12:06:20 PM
#65
Cool device, but 2btc for auction? I'd imagine the first batch to be around 3-4btc per item.
legendary
Activity: 1596
Merit: 1010
May 04, 2013, 12:02:34 PM
#64
would be interested, not at that price point though, fixed at 1.99 can be 250$ today, perhaps 500$+ in a month,....

fix it at a USD or EUR price Smiley
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
May 04, 2013, 11:52:18 AM
#63
Quote
I think it should be easy to kill the led by yourself. Maybe even make it a service as a retailer. When the buyer wants no led you kill it.

I've killed all led in my reach. From sat receiver over PC to smartphone dock... Wink

 Shocked Why is that?
member
Activity: 84
Merit: 10
May 04, 2013, 11:44:19 AM
#62
interesting for hobbyist but a 10 piece minimum is a bit much for only 3g/h still slightly lower price and order req or an ebay store /front end for singles might do it id buy 3 as i like the idea but couldnt manage 10
hero member
Activity: 756
Merit: 500
May 04, 2013, 11:35:52 AM
#61
Not expert in logistics, but wouldn't it be a problem clearing custom if you are to receive 300 units for the buyer?  Anyone has any comments.
full member
Activity: 126
Merit: 100
May 04, 2013, 11:35:21 AM
#60
Suddenly the 10ghs blade at 50btc looks like a good deal Grin
hero member
Activity: 575
Merit: 500
May 04, 2013, 11:25:53 AM
#59
I can buy a 5870 used (100ish usd), get 300 MH/s out of it at low enough voltage to power it for a year at less than 200 usd total cost. That's with paying 0.15 usd/KWh, a [email protected] pulls around 65-70W at the wall while giving 280-300MH. Also I could probably get 50-75 bucks for the card a year from now.

This product is great for the network and decentralization, it's quite a bad investment however. It definitely has it's place in the market and I want a few to give away to friends, just don't expect to profit from them any time soon, if ever Grin
legendary
Activity: 1778
Merit: 1008
May 04, 2013, 11:18:16 AM
#58
when i get one, i'm totally gonna use it for a silly, silly purpose, besides mining:

get a little arduino or something and a light sensor, then design and have 3d printed (i do that...) a litle "statue" of a robot mining a pixelated rock face or something. when x number of shares have been found (and detected by the light sensor) the statue would run a little animation.

i'm such a dork.

also: as to the current total mhash of AM - i think it just passed 17th.
member
Activity: 98
Merit: 10
May 04, 2013, 11:18:05 AM
#57
Looks great! I might be interested in buying 300 of these, and selling them over at CCM.
full member
Activity: 164
Merit: 100
May 04, 2013, 11:16:53 AM
#56
Keep in mind that the difficulty could easily pass 100M by August.

I bet NOT.

BFL : delivery in high number ? before AUGUST. NOK
AVALON : batch 2 is late. batch 3 ? there will be no batch 4. NOK
Avalon chip : might deliver. but get those chip running. NOK
ASICMiner : they will keep increasing the size of their farm. I believe they are responsible for that continuous increase. I do not have all the history. they are a 15 TH/s ? out of the 70 of the network ?
more GPU ? possible ... but summer is coming :>

it's not gonna happen
yxt
legendary
Activity: 3528
Merit: 1116
May 04, 2013, 11:12:57 AM
#55
Quote
I think it should be easy to kill the led by yourself. Maybe even make it a service as a retailer. When the buyer wants no led you kill it.

I've killed all led in my reach. From sat receiver over PC to smartphone dock... Wink
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
May 04, 2013, 11:10:02 AM
#54
Keep in mind that the difficulty could easily pass 100M by August and that makes those 5 GH/s the equivalent of 500 MH/s by then. 300 MH/s in hand today (or next week) is more valuable than 5 GH/s in a few months.

Yeah, this is an argument against BFL more than it is an argument for Bees, but it's wrong to compare a 5 GH promise to a 0.3 GH delivery.

.b
hero member
Activity: 700
Merit: 500
May 04, 2013, 11:06:00 AM
#53

My point exactly: other ASIC manufacturers have a backlog that means your device will probably not be shipped before August - if you are lucky. Many people are willing to pay a little extra for a device that ships earlier.

Yep, obviously, like demonstrated by those Blades auctions.
Still, a GPU performance/price compared with an ASIC is not sufficient to justify the price.
ASIC is a new world, screw GPUs.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
May 04, 2013, 11:05:03 AM
#52
This batch will be for group-buy and retailers. The quantity of each order should be more than 300 devices. The price is fixed at 1.99 BTC. We will start the group-buy threads as fixed-price auctions in the auction subforum.

Hm... i thought these would be good for people with small wallets. Is it the work included to ship many single units or why it the minimum quantity to order 300 units? I thought the shipping is excluded anyway? If its the auction that would become a problem because of to many bids then maybe some website script could be used to automate this. A min of 300 means probably a couple thousand units to be sold. A person couldnt handle it but an automated script could do.

Of course groupbuyers will start new auctions with their batch and start selling to smaller buyers. Is the missed earning worth the work or isnt their missed earning at all?

Im not sure what to think about.
The internet shipping and the replacement service of retailed sales will take too much portion in the total value of one device. The shipping/support could only be done in batch to be efficient and practical. The retailers/groupbuyers could save a lot of money when the distribution targets are within the same country.

Ok, i guess you thought this trough good enough. Of course wholesale has to work another way. I only thought that, in case you make the buying fully automated and outsource the shipping (while the buyer pays the shippingcost + envelope + the fee for the packer) it shouldnt mean much work. The support will most probably go mostly to asicminer anyway.
But i think it will work out.

great work!

I would prefer a batch without led.
The first few days certainly nice to see. But who needs a disco on usb port  Wink

I think it should be easy to kill the led by yourself. Maybe even make it a service as a retailer. When the buyer wants no led you kill it.

Awesome product.
Unfortunately, your price point is, to be blunt, retarded.


What a convincing argument you've made, thanks for your wonderful contribution to this thread

he is right..stop trolling and tell us, why you think that it is good pricing/selling model (300pcs/order) - for end-user device.

Its a business you know? So its very easy? If no one buys the price has to go down. Simply as that. But these claims, that it will be too expensive came up all the time. In reality there always were people that bought for these prices.

I can mine LTC or FC with GPUs... there are also the designed non-cryptocurrency applications.

These doodads, can they mine LTC?

Nope.

If you want to pay 2BTC for something that will cost $25 in a couple of months, that's cool.

Why do you have to mine litecoins? Currently they have an advantage of 33% against bitcoin mining. But freicoin has an advantage of 147% against bitcoin mining. And that is SHA-256. So there are even better alternatives to mine with asics than litecoin.
legendary
Activity: 1778
Merit: 1008
legendary
Activity: 980
Merit: 1008
May 04, 2013, 11:01:57 AM
#50
We can make it quick and simple:
"Why are they selling it when they could mine themselves?"
Because they have a lot of those. They can do whatever they want.
I think they are selling them because mining with it themselves is completely useless. This is obviously not for large-scale mining.

Congrats on getting them released! I have been waiting for this post for some time now. Mainly because I heard a rumour that you would be charging ~$40 per miner.

The pricing is the biggest disappointment for myself personally.

At 1.99 BTC, and a conservative estimate of 20M difficulty over the next year, it will take me 352 days to recoup the 1.99 BTC cost.

It difficulty averages 40M during that time, it will take two years to recoup your investment.
The current 14-day average increase in hash rate is 1% per day. If this rate of growth continues, these devices will only ever mine 1.5 BTC.

[...]
Would it run on a Raspberry Pi?
[...]
You will most likely need a powered USB hub for your Pi. The Pi itself is powered by a micro USB cable, so it depends on how much power your USB adapter powering the Pi puts out.

Awesome product.
Unfortunately, your price point is, to be blunt, retarded.


[...]
10pcs minumum and price about 1BTC and you will have huge demand. your terms only leads to group buy and resending units between forum members.
[...]
I believe this is exactly what they want. They're a company that produces mining hardware. How many hardware companies do you know that sell directly to consumers?

Well, considering that a video card that makes 300 MH/s is about $150 right now (My XFX 6870 from eBay used cost me $70), I'd say it's a little hefty in the price range.  What does one of these draw?  I'm assuming about 5 or 6 watts vs a video card's 100 or so?  Big difference.
They will draw no more than 2.5W (maximum for USB 2.0 devices as per the specification)
sr. member
Activity: 322
Merit: 250
May 04, 2013, 10:56:58 AM
#49
I can mine LTC or FC with GPUs... there are also the designed non-cryptocurrency applications.

These doodads, can they mine LTC?

Nope.

If you want to pay 2BTC for something that will cost $25 in a couple of months, that's cool.

sr. member
Activity: 362
Merit: 250
May 04, 2013, 10:54:04 AM
#48

Exactly. It should only be compared to existing technologies that are currently shipping. Oh wait - that's FPGAs and graphics cards!  Shocked

Yes, you can still buy/use GPU, but think about the future.
Compare them with other ASICs.

My point exactly: other ASIC manufacturers have a backlog that means your device will probably not be shipped before August - if you are lucky. Many people are willing to pay a little extra for a device that ships earlier.
sr. member
Activity: 369
Merit: 250
May 04, 2013, 10:47:34 AM
#47
This is amazing, looks so simple!

I agree with the others about the high price and the required units one must purchase, it is not very flexible at all.  Huh

But can a hero member start a "group buy" thread please?
sr. member
Activity: 362
Merit: 250
May 04, 2013, 10:47:31 AM
#46
Awesome product.
Unfortunately, your price point is, to be blunt, retarded.


Well, considering that a video card that makes 300 MH/s is about $150 right now (My XFX 6870 from eBay used cost me $70), I'd say it's a little hefty in the price range.  What does one of these draw?  I'm assuming about 5 or 6 watts vs a video card's 100 or so?  Big difference.

I'd like two; someone please point me in the right direction for participating in a group buy and I'm there.

You people should really stop keep justifying high prices for the new ASICs products by comparing them with old technologies.

Exactly. It should only be compared to existing technologies that are currently shipping. Oh wait - that's FPGAs and graphics cards!  Shocked
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