Topic: Baikal Giant X10 - page 63. (Read 132901 times)

Why would anyone put them open on the internet?

Don't ever forward a port to something like this. Setup a vpn if you need access to your home.

Man did you guys know you can see all stats of a miner without logging in just add miner.php behind the ip adress and bam all the info is out there. You can even fucking restart cgminer through it.

The security on these things are horrible

Let's wait till the beginning of February, when majority of batch1 is delivered and let's see the roi then

I got my X10 in the "first batch" from a reseller at $2500. I've been pretty happy with it, and I'm starting to see ROI.  That said, there is NO WAY I would buy another one at this stage of the game for as much money as they want now (unless I was going to immediately resell it to some sap), or even $2500 for that matter.  No way.  At what they are charging now, you are looking at a very tough time to see ROI once these new units come online.  As an example: DBG Skien and MG are already down well over 50% in terms of daily payout in a little over a month since I've had the unit (after the second batch came out).  While that is still plenty good for me (as my miner has all but paid for itself already), that's definitely not good for someone getting in to the game late (less than half the payout) at more than twice the initial cost.

If I had $50,000 to throw around, and thought that the price might stay inflated on ebay, I might consider buying a bunch to flip.  I would not intend to mine with them and expect to recoup that cost any time in the near future.

To be clear: I'm not complaining at all about the cost. It is what it is for a reason. It's just too high for it to make mathematical sense for me (or anyone, I would argue) to buy more for the purpose of mining.  I understand why the price is what it is, though.  If my units that I built were suddenly selling for $10,000 on the secondary market (ebay) at a good clip, I'd be pissing money away by not increasing my initial price.

Hello everybody.
What kind of the FPGA is used in Baikal's Giant products?
I have built some FPGA miners that became obsolete after release of the Giant X10.  But if Baikal Giant is not true ASIC, it becomes possible to develop  alternative FPGA miners for altcoins, as well as to write custom bitstreams.

it will come down like a stone, rest assured.

Right at this moment getting $80 on nice hash with bitcoin at a lowly $10k.

No it isn't. At least anymore.

It's mining much more than that. That is why.

same going to happen with giant b and x10

*smashes head against wall*

didn't have any hackers changing passwords but fun. the miner is down. 500 internal server error.

fuck this miner at this point I might as well cash out for like 10K

new reward 0.2BTC for tutorial hot to overclock baikal x10 to set 400 mhz

https://bitcointalksearch.org/topic/m.28713820

Remember what happend with Giant 2000.... 7000 usd... 5000 usd.... 4500 usd.. 3500 usd... 3000 usd....
You need patience... a lot of patience.... and other thing...  i don't know why they want only wire transfer...
for me and i thnk for more people is a big problem.....

Free market.
Baikal asks the price he likes.
If I think it's too high, simply I don't buy.
Before Giant X10, Baikal miners prices were not cheap.

Lets say the real Costs for one device is 500$. I dont think it is that much, But lets suggest it. This means they would earn 6500$ per device. Where i live, this would be called racketeering and it is a Crime...

c'mon guys, I really do not understand why are you all complaining about the price.. 7kUSD is still cheaper than the market price.  Why do you expect to get it from them 10 times cheaper than the market price. Do not forget - 1st and 2nd batch were pre-oders with the waiting time of several months(!) and it was completely new unknown product with only 3 algos - so it was also some kind of risk considered in that low price.

And again you are contradicting yourself - you want to get it cheap, but on the same time you do not want manufacturer to sell too much of them, like it was with D3. But how manufacturer shall keep his profit target in this case?
I find this price fair enough..at least for the existing X10 owners.

Well well well, they finally did reply:
The $7000 batch of X10's does NOT contain the New algorithms...



Kind of disappointed now...

I agree with you 100 %. Long live decentralization! 

Baikal miners use an FPGA, what makes you think they could run two algo's simultaneously?

Same here. I am very disapointed from Baikal. They definitely made a lot of money with the prices they took for the first two batches. They could have sold one or two more batches with the new algorithms added, and so the miners as well as themself could have made some good profit. I wouldnt have complained if they would have rised the prices to maybe 2000$ or even 2500$. But 7000$, that is 5 time higher then second batch and more then 6 times higher then first batch. This is just ridicoulous.

Now, after the new price announcement, it seems, they are not better then bitmain. Just greedy people, that dont care a shit about the customers. I wouldnt be surprised now, if the new miners would have the new algos and they would not give a new firmware to the buyers from batch one and two, so only the new customers would have the advantage of those algos. It would also not surprise me, if they would sell more and more batches until the device is useless like the Antminer D3.

Like already said, i am very disapointed from Baikal. It is the next manufacturer, that is not trustworthy but just greedy... I really thought they were different from Bitmain. That was obviously a fault...

The customers (our) reaction should be, that noone should order only one from these devices. Unfortunately there are so much morons out there, dont knowing what they do, so i am sure they can sell their miners for that price...

The big mining farms will get bigger and bigger... Long live decentralization...