Avalon 8 official specs released - page 12.

gurugarzah

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Quote from: Sandal_Hat on February 10, 2018, 10:34:47 PM

Quote from: gurugarzah on February 10, 2018, 02:21:20 PM

Quote from: Sandal_Hat on February 10, 2018, 03:07:18 AM

Quote from: bl1nd on February 05, 2018, 09:19:16 AM

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

At 5 cents electricity, it is now 16-17 months, 480-510 days. At 10 cents electricity, it is 20 months, 600 days. That isnt possible. This is without difficulty increase and new stronger machines coming in....
Price should go down to $1100-1200usd?

Quote from: lossol on February 05, 2018, 02:26:28 PM

Lucky for you someone else beat you to checkout because ROI is now 848 days for an A821 at $3500 & 0.10/kWh. Which basically means never! All those ebayers are still paying $3500 for an S9 and $2000 for an A741 too.

These people do not know wat they are doing....

This is why I was livid when the 741’s went to $1400 and my order of 6 of them (at $795 each) never shipped.
Because bitcoin price is volatile, and to just deem your 12 month old hardware 2x as expensive is BULLSHIT!

Here’s the deal Canaan! When you say you base the price of your miners depending on bitcoins price you’re just lying
If it doesn’t go down when the price of bitcoin falls. And when the price of bitcoin rises the difficulty rises with it so it’s harder to mine. So profit is less then too.

For a company to be such opportunist like this is bullshit.
I’m not telling anyone here anything they didn’t already know. Unless your buying 7.3 terrahash for 2k.

Wat u mean by they never shipped? They just cancelled the order?

I got a feeling they wont decrease price. They have buyer due sensationalized media news on how mining is so great. These new miners wont break even and will be feeling alot of pain...

They never shipped, I ordered on October 2017. And they were supposed to ship December 5th. Minerwarez continued to promise the miners for several weeks after this. Then one day they decided not to ship them and backed out of their promise to ship them and then offered the 821s at zero discount and they wouldn’t ship until March. LOL!! Like bro, I’ve already received 2 shipments from bitmain since then. GFY! Asked for a refund, then called my credit card company and they said they “MinerWarez” were fraudulent. I won’t buy anything from Canaan EVER again.

Sandal_Hat

full member

Activity: 462

Merit: 118

Quote from: gurugarzah on February 10, 2018, 02:21:20 PM

Quote from: Sandal_Hat on February 10, 2018, 03:07:18 AM

Quote from: bl1nd on February 05, 2018, 09:19:16 AM

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

At 5 cents electricity, it is now 16-17 months, 480-510 days. At 10 cents electricity, it is 20 months, 600 days. That isnt possible. This is without difficulty increase and new stronger machines coming in....
Price should go down to $1100-1200usd?

Quote from: lossol on February 05, 2018, 02:26:28 PM

Lucky for you someone else beat you to checkout because ROI is now 848 days for an A821 at $3500 & 0.10/kWh. Which basically means never! All those ebayers are still paying $3500 for an S9 and $2000 for an A741 too.

These people do not know wat they are doing....

This is why I was livid when the 741’s went to $1400 and my order of 6 of them (at $795 each) never shipped.
Because bitcoin price is volatile, and to just deem your 12 month old hardware 2x as expensive is BULLSHIT!

Here’s the deal Canaan! When you say you base the price of your miners depending on bitcoins price you’re just lying
If it doesn’t go down when the price of bitcoin falls. And when the price of bitcoin rises the difficulty rises with it so it’s harder to mine. So profit is less then too.

For a company to be such opportunist like this is bullshit.
I’m not telling anyone here anything they didn’t already know. Unless your buying 7.3 terrahash for 2k.

Wat u mean by they never shipped? They just cancelled the order?

I got a feeling they wont decrease price. They have buyer due sensationalized media news on how mining is so great. These new miners wont break even and will be feeling alot of pain...

QuintLeo

legendary

Activity: 1498

Merit: 1030

Quote from: Sandal_Hat on February 10, 2018, 03:07:18 AM

Quote from: bl1nd on February 05, 2018, 09:19:16 AM

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

At 5 cents electricity, it is now 16-17 months, 480-510 days. At 10 cents electricity, it is 20 months, 600 days. That isnt possible. This is without difficulty increase and new stronger machines coming in....
Price should go down to $1100-1200usd?

Quote from: lossol on February 05, 2018, 02:26:28 PM

Lucky for you someone else beat you to checkout because ROI is now 848 days for an A821 at $3500 & 0.10/kWh. Which basically means never! All those ebayers are still paying $3500 for an S9 and $2000 for an A741 too.

These people do not know wat they are doing....

Do keep in mind that when those prices were SET Bitcoin was almost double what it is now.

I DO agree Caanan needs to drop the prices to reflect current Bitcoin pricing - they've been WAY too slow to respond to the crash.

gurugarzah

newbie

Activity: 70

Merit: 0

Quote from: Sandal_Hat on February 10, 2018, 03:07:18 AM

Quote from: bl1nd on February 05, 2018, 09:19:16 AM

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

At 5 cents electricity, it is now 16-17 months, 480-510 days. At 10 cents electricity, it is 20 months, 600 days. That isnt possible. This is without difficulty increase and new stronger machines coming in....
Price should go down to $1100-1200usd?

Quote from: lossol on February 05, 2018, 02:26:28 PM

Lucky for you someone else beat you to checkout because ROI is now 848 days for an A821 at $3500 & 0.10/kWh. Which basically means never! All those ebayers are still paying $3500 for an S9 and $2000 for an A741 too.

These people do not know wat they are doing....

This is why I was livid when the 741’s went to $1400 and my order of 6 of them (at $795 each) never shipped.
Because bitcoin price is volatile, and to just deem your 12 month old hardware 2x as expensive is BULLSHIT!

Here’s the deal Canaan! When you say you base the price of your miners depending on bitcoins price you’re just lying
If it doesn’t go down when the price of bitcoin falls. And when the price of bitcoin rises the difficulty rises with it so it’s harder to mine. So profit is less then too.

For a company to be such opportunist like this is bullshit.
I’m not telling anyone here anything they didn’t already know. Unless your buying 7.3 terrahash for 2k.

Sandal_Hat

full member

Activity: 462

Merit: 118

Quote from: bl1nd on February 05, 2018, 09:19:16 AM

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

At 5 cents electricity, it is now 16-17 months, 480-510 days. At 10 cents electricity, it is 20 months, 600 days. That isnt possible. This is without difficulty increase and new stronger machines coming in....
Price should go down to $1100-1200usd?

Quote from: lossol on February 05, 2018, 02:26:28 PM

Lucky for you someone else beat you to checkout because ROI is now 848 days for an A821 at $3500 & 0.10/kWh. Which basically means never! All those ebayers are still paying $3500 for an S9 and $2000 for an A741 too.

These people do not know wat they are doing....

gurugarzah

newbie

Activity: 70

Merit: 0

Quote from: PeaMine on February 07, 2018, 03:48:27 PM

Just a heads up, I would highly recommend avoiding one of their official distributors, Minerwarez
https://bitcointalk.org/index.php?topic=2277516.140

They were offering Avalon 8 upgrades for more money, or a refund.
Regardless of which options you took, no response has been given for quite some time now, and Canaan has yet to respond.

I HIGHLY AGREE DO NOT BUY FROM MINERWAREZ!!! You might want to avoid anything from Canaan altogether!

Sitarow

legendary

Activity: 1792

Merit: 1047

Considering that you may not have this hardware until sometime in march I have taken the yearly average of 10% network difficulty increase and applied it for when you are expected to start receiving the hardware.

Here is an estimate of the network difficulty as of March 2018.

Results for BTC/USD estimated trading price at $8500.00 USD
Estimated March 23 2018 Difficulty 3,811,165,475,251

Results for BTC/USD estimated trading price at $15000.00 USD
Estimated March 23 2018 Difficulty 3,811,165,475,251

Sitarow

legendary

Activity: 1792

Merit: 1047

Quote from: bl1nd on February 05, 2018, 09:19:16 AM

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

Here is what it would look like if BTC/USD was at $15,000.00. From what I can see buying BTC at this low rate vs hardware purchase of this type makes business sense.

Here is the document for reference.
https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing

I have both price adjusted target increase of 5% and true hardware adoption increase of at estimate rate of 10% per difficulty target.

Estimates if BTC/USD Trading at $8,500.00 USD

https://i.imgur.com/CexYmwC.png

Estimates if BTC/USD Trading at $15,000.00 USD

https://i.imgur.com/3Oa8rV5.png

^ updated to reflect proper name and other purchase options,
Update #2: Reflect Recent Difficulty Change.

Update: Nothing in the this post shall constitute or be construed as an offering of financial instruments or as investment advice or investment recommendations (i.e., recommendations as to whether or not to “buy”, “sell”, “hold”, or to enter or not to enter into any other transaction involving any specific interest or interests) This document is for awareness and at the users discretion for educational purposes.

PeaMine

hero member

Activity: 979

Merit: 510

Just a heads up, I would highly recommend avoiding one of their official distributors, Minerwarez
https://bitcointalk.org/index.php?topic=2277516.140

They were offering Avalon 8 upgrades for more money, or a refund.
Regardless of which options you took, no response has been given for quite some time now, and Canaan has yet to respond.

lossol

newbie

Activity: 73

Merit: 0

Lucky for you someone else beat you to checkout because ROI is now 848 days for an A821 at $3500 & 0.10/kWh. Which basically means never! All those ebayers are still paying $3500 for an S9 and $2000 for an A741 too.

Bennyb1

newbie

Activity: 11

Merit: 0

Quote from: bl1nd on February 05, 2018, 09:19:16 AM

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

I almost did but was one of those people who couldn't load the cart quick enough. Now I'm glad I didn't. Apart from the massive difficulty increase sure to happen in March when all the new miners arrive, there's also been rumors of new and more powerful miners coming out soon.

Seems best to just invest in bitcoin directly.

bl1nd

jr. member

Activity: 53

Merit: 1

I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.

QuintLeo

legendary

Activity: 1498

Merit: 1030

Quote from: Steamtyme on February 02, 2018, 09:05:19 PM

Quote from: QuintLeo on February 02, 2018, 06:25:39 PM

Don't the Avalons need one AUC per miner?
If so how is shipping a few of them out with a controller make ANY sense?

Then again, I wish they would just get rid of the whole AUC stupidity.

You need 1 AUC for 5 Avalons. That way with the 1 controller you can set up to 20 machines.

Yeah more parts usually means more thins to go wrong, but I imagine if they designed an internal controller the price would go up; based on a redesign and extra manufacturing costs.

Tradeoff is the AUC becomes a point source for failure on multiple miners, as does the controller.

Given that the AUC is a very non-standard part, that's a significant potential ISSUE - and one reason Avalon may be short on the AUC units is folks with multiple miners buying "spares" for "just in case one FAILS" since they can't get a replacement for it anywhere else.

caxibrema

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Activity: 40

Merit: 1

Bitrated user: caxibrema.

Quote

Here is a video for those that are just beginning with this setup.

https://youtu.be/z8r0tbUmgCU

Thanks blokforge. From what I can tell is the same setup as the 741. We just have to be careful with the firmware software in the controller.

Blokforge

member

Activity: 97

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Here is a video for those that are just beginning with this setup.

https://youtu.be/z8r0tbUmgCU

Steamtyme

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Activity: 1540

Merit: 2036

Betnomi.com Sportsbook, Casino and Poker

Quote from: QuintLeo on February 02, 2018, 06:25:39 PM

Don't the Avalons need one AUC per miner?
If so how is shipping a few of them out with a controller make ANY sense?

Then again, I wish they would just get rid of the whole AUC stupidity.

You need 1 AUC for 5 Avalons. That way with the 1 controller you can set up to 20 machines.

Yeah more parts usually means more thins to go wrong, but I imagine if they designed an internal controller the price would go up; based on a redesign and extra manufacturing costs.

SilentMining

copper member

Activity: 117

Merit: 10

Quote from: QuintLeo on February 02, 2018, 06:25:39 PM

Don't the Avalons need one AUC per miner?
If so how is shipping a few of them out with a controller make ANY sense?

Then again, I wish they would just get rid of the whole AUC stupidity.

1 AUC per 5/6 machines.

QuintLeo

legendary

Activity: 1498

Merit: 1030

Don't the Avalons need one AUC per miner?
If so how is shipping a few of them out with a controller make ANY sense?

Then again, I wish they would just get rid of the whole AUC stupidity.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: Thetaj on February 02, 2018, 01:21:58 AM

Quote from: Crypto Rock on February 01, 2018, 11:05:36 PM

Quote from: Thetaj on January 25, 2018, 01:48:11 AM

True that my brothers, maybe I got spoiled a bit......I forgot the S7 days lol, but the landscape drastically changed, I fear we might be in an ASIC arms race 2.0. thats the onlything I worry about

Hi Thetaj,

What would be wrong with ASIC 2.0 race?

More innovation is always welcome. We have an effective monopoly today, and that's never good for business.

Because trading a wolf for a Tiger is not really a trade. We're still screwed either way.

Tiger is a little bit faster though. So it's a start.

Thetaj

full member

Activity: 402

Merit: 116

Quote from: Crypto Rock on February 01, 2018, 11:05:36 PM

Quote from: Thetaj on January 25, 2018, 01:48:11 AM

True that my brothers, maybe I got spoiled a bit......I forgot the S7 days lol, but the landscape drastically changed, I fear we might be in an ASIC arms race 2.0. thats the onlything I worry about

Hi Thetaj,

What would be wrong with ASIC 2.0 race?

More innovation is always welcome. We have an effective monopoly today, and that's never good for business.

Because trading a wolf for a Tiger is not really a trade. We're still screwed either way.

Topic: Avalon 8 official specs released - page 12. (Read 30297 times)