But no resale value... which makes things slightly more interesting... If you can recoup 2/3rds of the price on a GPU rig at time of sale, it's a wash.
Yeah you think there is no resale value? Everything has
Topic: Bitmain E3 Ethash Miner ASIC (Shipping:16-31 July. $800 USD) - page 15. (Read 16408 times)
I kinda regret now that I did not buy one at 800$ to play around with it lol
But who knows what bullet i ditched
But who knows what bullet i ditched
I'm surprised who would still be buying it. considering you never know when eth team would pull the plug on it after they receive a unit. I just feel its kind of risky to buy them with shady business practice of bitmain going from 800-2200 you never know when the price drop might come
Seems like no matter what the profit numbers and risk parameters are, some dumbass somewhere will buy it. This dumbass bought 1 at $800 just to screw around with.
I'm surprised who would still be buying it. considering you never know when eth team would pull the plug on it after they receive a unit. I just feel its kind of risky to buy them with shady business practice of bitmain going from 800-2200 you never know when the price drop might come
Seems like no matter what the profit numbers and risk parameters are, some dumbass somewhere will buy it. This dumbass bought 1 at $800 just to screw around with.
Could've bought 2 Eth and made a $400 dollar profit - don't understand why people thought an Eth ASIC was a good idea ...
the cryptos directly are people who have hardware that is in the green and are using
thier profits AFTER paying electricity to buy gear
these get quick rich folks will really feel the burn when the E3s onslaught they helped fund
doubles the diff , making thier e3s a pricy doorstop lol
I'm surprised who would still be buying it. considering you never know when eth team would pull the plug on it after they receive a unit. I just feel its kind of risky to buy them with shady business practice of bitmain going from 800-2200 you never know when the price drop might come
Seems like no matter what the profit numbers and risk parameters are, some dumbass somewhere will buy it. This dumbass bought 1 at $800 just to screw around with.
Could've bought 2 Eth and made a $400 dollar profit - don't understand why people thought an Eth ASIC was a good idea ...
I'm surprised who would still be buying it. considering you never know when eth team would pull the plug on it after they receive a unit. I just feel its kind of risky to buy them with shady business practice of bitmain going from 800-2200 you never know when the price drop might come
Seems like no matter what the profit numbers and risk parameters are, some dumbass somewhere will buy it. This dumbass bought 1 at $800 just to screw around with.
I'm surprised who would still be buying it. considering you never know when eth team would pull the plug on it after they receive a unit. I just feel its kind of risky to buy them with shady business practice of bitmain going from 800-2200 you never know when the price drop might come
Seems like no matter what the profit numbers and risk parameters are, some dumbass somewhere will buy it.
I'm surprised who would still be buying it. considering you never know when eth team would pull the plug on it after they receive a unit. I just feel its kind of risky to buy them with shady business practice of bitmain going from 800-2200 you never know when the price drop might come
Price increased! 2128 now 
Quite a difference from the $800 start price
So basically they just want to loot whomsoever they can.
why would people buy this even for 1k and fund R&D for next gen ASICs that will make your $1k ASIC obsolete.
Sure, if you got in early you might be able to make quite a bit of profit but think longterm.
I think they are following the ETH price with each of these miner price changes.
Price increased! 2128 now
Quite a difference from the $800 start price
Price increased! 2128 now
I believe the flexible ability to mine different algos/coins is what people are missing when thinking of buying this ETH ASIC. Don't forget that you can mine new coins on their first day of launch and earn more profits than you ever would once they become mainstream. Being stuck mining ETH or ETC for all eternity is not such a good thing really.
better to buy those coins than having a gpu or asic miner for that matter, mining is overrated as long as price of coins are cheap which is at moment.
spending any amount on miners at moment is pointless cause you can get x times the money invested if you simply buy the coin.
This couldn't be further from the truth. Buying the GPU to mine can net you 10,000x the rewards vs. buying coins.
10,000x the rewards, really? How about I buy 1 Eth and you buy 1 gtx 1080ti. In a year from now we will see if the coins you mined with that card equal 10,000 times the value of my investment.
Well most of people think buying an apple from fruit shop directly, others wanna have apple by farming it...
...
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
If it's that easy to build an equivalent competing device, why not release it and beat them at their own game? Even their competitor Panda, can't seem to build a better device.
It is so ironic how many people complain about others what others will do for money, but they themselves resell what Chinese manufacture for them to get money for themselves.
The reality is that the people and companies who have the ability to beat Bitmain are already doing something else more important or more lucrative. Hell, server motherboards cost more money than an antminer. I think the people who bitch about Bitmain really are clueless about what commercial grade hardware costs.
I believe the flexible ability to mine different algos/coins is what people are missing when thinking of buying this ETH ASIC. Don't forget that you can mine new coins on their first day of launch and earn more profits than you ever would once they become mainstream. Being stuck mining ETH or ETC for all eternity is not such a good thing really.
better to buy those coins than having a gpu or asic miner for that matter, mining is overrated as long as price of coins are cheap which is at moment.
spending any amount on miners at moment is pointless cause you can get x times the money invested if you simply buy the coin.
This couldn't be further from the truth. Buying the GPU to mine can net you 10,000x the rewards vs. buying coins.
10,000x the rewards, really? How about I buy 1 Eth and you buy 1 gtx 1080ti. In a year from now we will see if the coins you mined with that card equal 10,000 times the value of my investment.
...
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
If it's that easy to build an equivalent competing device, why not release it and beat them at their own game? Even their competitor Panda, can't seem to build a better device.
It is so ironic how many people complain about others what others will do for money, but they themselves resell what Chinese manufacture for them to get money for themselves.
It is called monopoly, but you have missed the point of my post
I wont say it is a monopoly considering there are other machines made by others that can mine it.
I would say it's a monopoly considering that the other machines than can mine it are not ASICs.
While many people claim that its almost the same as well tuned GPU rig, the truth is that it is cheaper, easier to configure, and is probably more efficient when it is shipped (bitmain was clear that 180 MH at 800w are just benchmarks and it would be better come July).
...
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
If it's that easy to build an equivalent competing device, why not release it and beat them at their own game? Even their competitor Panda, can't seem to build a better device.
It is so ironic how many people complain about others what others will do for money, but they themselves resell what Chinese manufacture for them to get money for themselves.
It is called monopoly, but you have missed the point of my post
I wont say it is a monopoly considering there are other machines made by others that can mine it.
They're chinese, they can do anything for money...
Who doesn't?
Whoever has values.
Unfortunately, values ain't tied to business/corps.
Does anyone know anything about the hardware in these miners? Do they have ram for the DAG file? How are they sharing the DAG information across all the asics? If anyone knows I would appreciate the info. 
We are actually all curious about this.
However they have posted no photos of what the inside hash board look like so we have no idea if they just took some RX 470 GPUs and stuffed them in a tiny box or if it has regular DDR3 ram with an FGPA to do the processing.
I am guessing these products aren't even built yet and they are manufacturing them right now.
Since they don't ship until July
That power consumption number seems to be quite high for FPGAs
...
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
However anyone could done this, but who needs to project a circle from scratch, when you have a bunch of ready to use and P&P stuff, it shows how far desperated they are in earning money and how much they already gathered so they can make such a device without rising and funding all that industrial network which is needed to build up a working PC - they just buy from them RAM, GPU, CPU and thats it, only need to make your own board which is easy as fucking with all that datasheets they have.
They're chinese, they can do anything for money...[/b]
If it's that easy to build an equivalent competing device, why not release it and beat them at their own game? Even their competitor Panda, can't seem to build a better device.
It is so ironic how many people complain about others what others will do for money, but they themselves resell what Chinese manufacture for them to get money for themselves.
It is called monopoly, but you have missed the point of my post
I believe the flexible ability to mine different algos/coins is what people are missing when thinking of buying this ETH ASIC. Don't forget that you can mine new coins on their first day of launch and earn more profits than you ever would once they become mainstream. Being stuck mining ETH or ETC for all eternity is not such a good thing really.
better to buy those coins than having a gpu or asic miner for that matter, mining is overrated as long as price of coins are cheap which is at moment.
spending any amount on miners at moment is pointless cause you can get x times the money invested if you simply buy the coin.
This couldn't be further from the truth. Buying the GPU to mine can net you 10,000x the rewards vs. buying coins.
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