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Topic: ASICMiner Rumors (Read 13642 times)

sr. member
Activity: 1316
Merit: 253
Sugars.zone | DatingFi - Earn for Posting
August 04, 2013, 06:12:49 PM
I would guess once Canary gets the promo units in hand ( or confirmation of how many are on there way) he will notify each GB in reverse order until all promo units are gone...
What time frame he gives for uptake, who knows, but I recommend people keep coins on hand to cover,
I can see lots of
 `Please, am waiting for my TX, can you hold x 4 me`
and pressure will be  on the other side to move on to the other batches....
member
Activity: 61
Merit: 10
August 04, 2013, 12:31:13 PM
My understanding is same: 30% of the sticks sold by a reseller at .99 are to be sold at .10 to the latest buyers.. This is designed to help with or reduce the negativity a buyer experienced when price dropped right after they bought at .99 level.

And it is 1:1 and obviously inventory is allocated to the latest buyers in reverse order until promo units are gone.

Until I have this promo inventory received, I don't know who and when.  So if you PM me questions related to when are you getting it? Or am I going to make it in the promo pool? I really don't know so its not possible to give you a concrete answer, other then point you to this post

Thanks for the update.  Are you still planning on contacting us by PM when/if we're eligible?  Thanks.
donator
Activity: 2352
Merit: 1060
between a rock and a block!
August 04, 2013, 12:26:36 PM
Hi everyone!

GOOD NEWS.

Friedcat meant that he can only guarantee up to 30% of the total number of Block Erupter USB ordered by my group buy:

347 * 0.3  = 104.1

So I can only order up to 104 units.

But this only apply up to 10th August. So after that Friedcat told me that I could order up to 100% of the total number of Block Erupter USB ordered previously.


So It looks like this will be 1 for 1 of the 1 btc price   Grin

Its all clear as mud..  Shocked
My understanding is same: 30% of the sticks sold by a reseller at .99 are to be sold at .10 to the latest buyers.. This is designed to help with or reduce the negativity a buyer experienced when price dropped right after they bought at .99 level.

And it is 1:1 and obviously inventory is allocated to the latest buyers in reverse order until promo units are gone.

Until I have this promo inventory received, I don't know who and when.  So if you PM me questions related to when are you getting it? Or am I going to make it in the promo pool? I really don't know so its not possible to give you a concrete answer, other then point you to this post
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
August 04, 2013, 12:19:46 PM
When they are about .15 per they will be a reasonable mining platform. In today's world anyway.



 at .15 btc   30 = 4.5btc  and about  10gh in hash power.   


10 gh would earn 1.3 coins in the next 10 days at a diff of 37 mill
legendary
Activity: 910
Merit: 1000
August 03, 2013, 03:18:56 PM
When they are about .15 per they will be a reasonable mining platform. In today's world anyway.
hero member
Activity: 687
Merit: 500
August 03, 2013, 03:08:52 PM
Yes, this is an very interesting development.

The question is when will the price be lower than 0.35BTC for us whom haven't ordered before?

member
Activity: 114
Merit: 10
August 03, 2013, 09:51:41 AM
Alright, here's a stupid question from a newbie (I think I already know the answer to that  Cheesy)  ..anyone reputable and eligible for the low price deal is willing to resell those  0.1 ASIC miner for 0.35?
sr. member
Activity: 1316
Merit: 253
Sugars.zone | DatingFi - Earn for Posting
August 02, 2013, 06:35:58 PM
Hi everyone!

GOOD NEWS.

Friedcat meant that he can only guarantee up to 30% of the total number of Block Erupter USB ordered by my group buy:

347 * 0.3  = 104.1

So I can only order up to 104 units.

But this only apply up to 10th August. So after that Friedcat told me that I could order up to 100% of the total number of Block Erupter USB ordered previously.


So It looks like this will be 1 for 1 of the 1 btc price   Grin

Its all clear as mud..  Shocked
legendary
Activity: 2898
Merit: 1386
August 01, 2013, 09:06:34 PM
Now, if BTC can get up to 150-200 dollars then perhaps things change, and quick...

BTC price is totally irrelevant.  If that is what makes your money back, you could have just kept your BTC and had the same gains.  ALWAYS ALWAYS calculate your returns in BTC, never dollars.
This statement is only true when leverage ratio = 1.

In other words, if you buy a miner for 1 bitcoin and it's net production before it obsolesces is one bitcoin, you are even money and did the work for free.

If you buy a miner for 1 bitcoin and net production is 3 bitcoins before obsolescence, this is a leverage ratio of 3.  In this case, you have tripled your money.

Etc.
sr. member
Activity: 657
Merit: 270
August 01, 2013, 05:26:09 AM
part of the eBay sales satisfies demand for those who do not have btc to spend but rather dollars.

People who pay with dollars may actually make an ROI on them. As their mined BTC gains in value and USD goes down thanks to Uncle Ben. Cheesy

Of course they'd have done better buy just buying BTC and holding it. But where's the fun in that?  Wink

It works out the same if you buy them from BTC originally in USD.

The only time it doesn't work is using completely stored/mined BTC ^^
legendary
Activity: 1442
Merit: 1000
Antifragile
July 31, 2013, 11:12:10 AM
Now, if BTC can get up to 150-200 dollars then perhaps things change, and quick...

BTC price is totally irrelevant.  If that is what makes your money back, you could have just kept your BTC and had the same gains.  ALWAYS ALWAYS calculate your returns in BTC, never dollars.

It really depends on your perspective. We are paying in $$$, at least a lot of us are (to buy the BTC), so we have to weigh the odds. I wouldn't say it is so cut and dry, after all, my opinion varies from yours but I can see your perspective.

I can agree with trigeek, probably buying BTC is the best bet, unless you can buy a lot of Gh for cheap. But, there is something to helping the network and having fun mining. I mean when you have a hobby, how often do you even have a chance to make your money back? Maybe with Metal detecting and fishing. But the money isn't #1 I can agree.

Ahhh, I feel better now.  Grin
hero member
Activity: 784
Merit: 501
July 31, 2013, 11:08:44 AM
part of the eBay sales satisfies demand for those who do not have btc to spend but rather dollars.

People who pay with dollars may actually make an ROI on them. As their mined BTC gains in value and USD goes down thanks to Uncle Ben. Cheesy

Of course they'd have done better buy just buying BTC and holding it. But where's the fun in that?  Wink
sr. member
Activity: 406
Merit: 250
July 31, 2013, 11:05:11 AM
Now, if BTC can get up to 150-200 dollars then perhaps things change, and quick...

BTC price is totally irrelevant.  If that is what makes your money back, you could have just kept your BTC and had the same gains.  ALWAYS ALWAYS calculate your returns in BTC, never dollars.

Truth!  I was going to buy some miners, but decided to buy BTC instead Smiley
sr. member
Activity: 252
Merit: 250
July 31, 2013, 11:02:37 AM
Now, if BTC can get up to 150-200 dollars then perhaps things change, and quick...

BTC price is totally irrelevant.  If that is what makes your money back, you could have just kept your BTC and had the same gains.  ALWAYS ALWAYS calculate your returns in BTC, never dollars.
legendary
Activity: 1442
Merit: 1000
Antifragile
July 31, 2013, 10:57:18 AM
So, have any group buy operators heard if they will be able to reorder USB miners for .1 BTC like BTCGuild is offering?

It would suck if the group buy administrators are not allowed to have the same deal as BTCGuild. It screws all the people that bought from group buys and unfairly rewards everyone that bought from BTCGuild...
all re-sellers are waiting on stock and instruction (how and who gets it) from the manufacturer...
you all need to hold your horses and wait till friedcat makes the announcement on who, what, when, where, how etc...


Yo Canary...it's been hours now! What's da word? These horses ain't gonna keep much longer Tongue

Lol.. umm yea.

I'm not going to order anymore until I hear if the .1 BTC rumor is true or not. I don't wany to buy a .55 today if I can possibly buy at .1 tomorrow...

On top of that, how much will the people who can buy at .1 BTC (one for one) pull the price down even further? The problem right now, even at current prices, is that the Mining sticks won't break even. I wonder at price one could even make a profit? The difficulty is rising quickly. I bought one at 270 Euro and saw the price drop to 150 Euro 3 days later. So, it is a bit risky from experience.

I don't mean to spread FUD, but when the price drops so drastically and the profitability is still not reachable, one should think twice. Now, if BTC can get up to 150-200 dollars then perhaps things change, and quick...
donator
Activity: 2352
Merit: 1060
between a rock and a block!
July 31, 2013, 03:22:19 AM
So, have any group buy operators heard if they will be able to reorder USB miners for .1 BTC like BTCGuild is offering?

It would suck if the group buy administrators are not allowed to have the same deal as BTCGuild. It screws all the people that bought from group buys and unfairly rewards everyone that bought from BTCGuild...
all re-sellers are waiting on stock and instruction (how and who gets it) from the manufacturer...
you all need to hold your horses and wait till friedcat makes the announcement on who, what, when, where, how etc...


Yo Canary...it's been hours now! What's da word? These horses ain't gonna keep much longer Tongue

Lol.. umm yea.

I'm not going to order anymore until I hear if the .1 BTC rumor is true or not. I don't wany to buy a .55 today if I can possibly buy at .1 tomorrow...
waiting on friedcat to release details.  it's not up to me.  Please read the OP.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
July 31, 2013, 03:13:37 AM
So, have any group buy operators heard if they will be able to reorder USB miners for .1 BTC like BTCGuild is offering?

It would suck if the group buy administrators are not allowed to have the same deal as BTCGuild. It screws all the people that bought from group buys and unfairly rewards everyone that bought from BTCGuild...
all re-sellers are waiting on stock and instruction (how and who gets it) from the manufacturer...
you all need to hold your horses and wait till friedcat makes the announcement on who, what, when, where, how etc...


Yo Canary...it's been hours now! What's da word? These horses ain't gonna keep much longer Tongue

Lol.. umm yea.

I'm not going to order anymore until I hear if the .1 BTC rumor is true or not. I don't wany to buy a .55 today if I can possibly buy at .1 tomorrow...
legendary
Activity: 910
Merit: 1000
July 31, 2013, 02:12:17 AM
Looking forward to general sales of these at .17 or so ... competitive pricing at that point.
legendary
Activity: 1582
Merit: 1000
Well hello there!
July 31, 2013, 01:17:32 AM
So, have any group buy operators heard if they will be able to reorder USB miners for .1 BTC like BTCGuild is offering?

It would suck if the group buy administrators are not allowed to have the same deal as BTCGuild. It screws all the people that bought from group buys and unfairly rewards everyone that bought from BTCGuild...
all re-sellers are waiting on stock and instruction (how and who gets it) from the manufacturer...
you all need to hold your horses and wait till friedcat makes the announcement on who, what, when, where, how etc...


Yo Canary...it's been hours now! What's da word? These horses ain't gonna keep much longer Tongue
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
July 31, 2013, 12:14:03 AM
Roast cat aka Friedcat clearly set the guideline as:

"If you previously purchased a USB client, you can redeem the price to 0.1BTC USB mining machine, one for one, at 0.1BTC Please and old customers to buy their own pace reseller of consultation"

This 30% thing I don't know where it comes from until the official announcement but from the Chinese resellers this is a direct translation.
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