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Topic: BitFury has the No. 1 Crown for Now... - page 2. (Read 11267 times)

member
Activity: 79
Merit: 10
February 11, 2016, 04:52:17 PM
#54
Looks like we will all be waiting until the end of March to add more hashpower. Embarrassed
hero member
Activity: 560
Merit: 500
February 11, 2016, 12:04:30 PM
#53
Dear @punin,
I ask you again, does the device will be sold in Georgia?
I checked your post and i want to purchase device. As i see you have sales on internet but i will be in Georgia and i want to buy directly so could you please kindly inform me do you have any sales office, or sales shop this country. Add to that, will be the price same as on your web site on your sales shop? Also will be there any extra taxes? I will bring them to Turkey when i turn back Turkey. Please inform me address where i can purchase them? I'm waiting your reply ASAP.
Best Regards.
What device? Currently we have no sales representative in the Republic of Georgia. You should keep monitoring the bitfury.com website where official resellers and integrators will be listed.
hero member
Activity: 1533
Merit: 560
February 11, 2016, 10:10:16 AM
#52
Dear @punin,
I ask you again, does the device will be sold in Georgia?
I checked your post and i want to purchase device. As i see you have sales on internet but i will be in Georgia and i want to buy directly so could you please kindly inform me do you have any sales office, or sales shop this country. Add to that, will be the price same as on your web site on your sales shop? Also will be there any extra taxes? I will bring them to Turkey when i turn back Turkey. Please inform me address where i can purchase them? I'm waiting your reply ASAP.
Best Regards.
copper member
Activity: 1876
Merit: 533
February 11, 2016, 07:14:27 AM
#51
...

BitFury, which has been (mostly) number two in blocks won recently has just moved into first place:

https://blockchain.info/pools

BitFury: 103
AntPool: 102
F2Pool: 99

congrats bitfury for this success. I have not try gaming sites personally. but hope they have some amazing feature. that's why the became so popular.
member
Activity: 60
Merit: 10
February 11, 2016, 04:01:52 AM
#50
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.

Does it mean the S7 will be unprofitable from end of May? It is much earlier than I expected. The difficulty will rise fast.

by the current trend of the diff, it will earn around 0.01, which is very bad if you think that at the beginning it was 0.04

so maybe still profitable if you have the right electricity and you have your roi, but i wuld not buy any s7 anymore

Shall we wait for the new 16 nm miners now? I heard it will come out in April. But the difficulty rises so fast, maybe the manufacturers are already mining with it.
legendary
Activity: 3248
Merit: 1070
February 11, 2016, 02:10:42 AM
#49
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.

Does it mean the S7 will be unprofitable from end of May? It is much earlier than I expected. The difficulty will rise fast.

by the current trend of the diff, it will earn around 0.01, which is very bad if you think that at the beginning it was 0.04

so maybe still profitable if you have the right electricity and you have your roi, but i wuld not buy any s7 anymore
full member
Activity: 151
Merit: 100
February 10, 2016, 08:24:49 AM
#48
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.

Does it mean the S7 will be unprofitable from end of May? It is much earlier than I expected. The difficulty will rise fast.
legendary
Activity: 1167
Merit: 1009
February 09, 2016, 09:59:03 PM
#47
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.

You are selling them to who ?? Can we have some name to check the company.

Are you whilling to sell in small batch to Sidehack ?  Grin We could get some bitfury usb stick!
I'm sure Sidehack will be among the first ones to receive our chips.

Punin thank you for the update we are all excited to hear the news of your progress, and I know I look forward to seeing some final packaged miners and would love to see a bitfury sidhack USB miner in the near future.
hero member
Activity: 560
Merit: 500
February 09, 2016, 05:26:25 PM
#46
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.

You are selling them to who ?? Can we have some name to check the company.

Are you whilling to sell in small batch to Sidehack ?  Grin We could get some bitfury usb stick!
I'm sure Sidehack will be among the first ones to receive our chips.
legendary
Activity: 1484
Merit: 1004
February 08, 2016, 10:09:13 PM
#45
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.

You are selling them to who ?? Can we have some name to check the company.

Are you whilling to sell in small batch to Sidehack ?  Grin We could get some bitfury usb stick!
hero member
Activity: 1533
Merit: 560
February 08, 2016, 07:40:58 PM
#44
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.

Does the device will be sold in Georgia?
hero member
Activity: 560
Merit: 500
February 08, 2016, 03:03:52 PM
#43
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
Maybe you meant MegaBigPower? That's not us. BitFury's datacenters are located in Republic of Georgia and Iceland.

We are already selling chips to integrators whose interest is to produce mining equipment and take it to market as fast as they can.

We are hopeful that the first BitFury enabled devices will hit the streets by the end of March.
legendary
Activity: 2212
Merit: 1001
February 08, 2016, 05:37:13 AM
#42
Bitfury has a massive mining farm (or two or three) in Washington state where power is $.02 per kwh,maybe even less...& some more farms in Romania & Russia I believe.

Doubt we'll see any mining chips or miners from them for sale to us home miners before the halving  Roll Eyes

Gotta move to another coin,BTC is corporate & has been for awhile,I am...........the love is gone  Cry
full member
Activity: 132
Merit: 100
February 07, 2016, 04:01:26 PM
#41
seems like the only miners you can run at home are more of a toy then something you can make any real money with

The Sidehack USB sticks are a nice choice or possibly an old S3 those weren't to noisy. Everything from bitmain after that was way to noisy and draws to much to run on any normal home 110V electrical outlets
Problem is, for most, electricity costs make mining at home not worth it.
The only remaining reasons to mine at home would be to get bitcoins (at higher cost than from an exchange), or for the sake of mining, like a hobby for which you don't mind spending money without financial return.
legendary
Activity: 1167
Merit: 1009
February 07, 2016, 11:02:05 AM
#40
seems like the only miners you can run at home are more of a toy then something you can make any real money with

The Sidehack USB sticks are a nice choice or possibly an old S3 those weren't to noisy. Everything from bitmain after that was way to noisy and draws to much to run on any normal home 110V electrical outlets
full member
Activity: 210
Merit: 100
February 07, 2016, 10:39:07 AM
#39
I'm not trying to sound doom and gloom...

But, could this be the beginning of the end for home miners?

I've always believed that Bitmain uses their technology for awhile, before making it available to public.

At some point advanced machines won't be affordable to the public.

Mining has been a small yet fun and affordable hobby for me -- and I hope that it will continue...

SmileySmileySmiley

I don't see why you're realising that home mining is dead now. It was dead as soon as the first ASIC came out. AFAIK bitfury is a private mining company, not a pool. They probably have a huge-ass mining rig in the middle of nowhere.

Revive homemining!! I hope something new comes out
legendary
Activity: 938
Merit: 1002
February 06, 2016, 04:06:16 PM
#38
I'm not trying to sound doom and gloom...

But, could this be the beginning of the end for home miners?

I've always believed that Bitmain uses their technology for awhile, before making it available to public.

At some point advanced machines won't be affordable to the public.

Mining has been a small yet fun and affordable hobby for me -- and I hope that it will continue...

SmileySmileySmiley

I don't see why you're realising that home mining is dead now. It was dead as soon as the first ASIC came out. AFAIK bitfury is a private mining company, not a pool. They probably have a huge-ass mining rig in the middle of nowhere.
legendary
Activity: 3248
Merit: 1070
February 06, 2016, 02:32:16 AM
#37

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

If your electricity price is over $0.25/kWh, You will not mine profitably after the halving. The only motivation to mine to keep the network distributed.

I don't think anybody can mine profitably at present with $0.25/kwh  Shocked.  I am paying $4k/month to lease an office that I use less than 50% of the business days, just trying to recoup a little bit of the rent with the "free" electricity while supporting the network.

You need quite a few S7 to consume the $4k/month electricity cost. Will the landlord know the difference to the power bill?

you need a massive farm for that, because one s7 consume only $45 at 0.05 electricity and less at lower electricity of course, soem farms use even a lower electricity

so we are talking about a 500 tera farm already
newbie
Activity: 33
Merit: 0
February 05, 2016, 05:49:31 AM
#36

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

If your electricity price is over $0.25/kWh, You will not mine profitably after the halving. The only motivation to mine to keep the network distributed.

I don't think anybody can mine profitably at present with $0.25/kwh  Shocked.  I am paying $4k/month to lease an office that I use less than 50% of the business days, just trying to recoup a little bit of the rent with the "free" electricity while supporting the network.

You need quite a few S7 to consume the $4k/month electricity cost. Will the landlord know the difference to the power bill?
DrG
legendary
Activity: 2086
Merit: 1035
February 03, 2016, 04:22:28 AM
#35

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

If your electricity price is over $0.25/kWh, You will not mine profitably after the halving. The only motivation to mine to keep the network distributed.

I don't think anybody can mine profitably at present with $0.25/kwh  Shocked.  I am paying $4k/month to lease an office that I use less than 50% of the business days, just trying to recoup a little bit of the rent with the "free" electricity while supporting the network.
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