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Topic: Bitmain - Prices are Ridiculous - page 3. (Read 7048 times)

legendary
Activity: 1722
Merit: 1000
October 17, 2014, 12:45:40 PM
#13
Some people buy miners to secure the network...
hero member
Activity: 1082
Merit: 505
A Digital Universe with Endless Possibilities.
October 16, 2014, 10:41:12 PM
#12
NO HARDWARE WILL ROI.
IT WAS ALL A SCAM AND THEY KNEW IT ALL ALONG!
https://bitcointalksearch.org/topic/m.9159439
https://litecointalk.org/index.php?topic=22290.msg212985#msg212985
 Angry

Still not convinced.
Try this, last calculator you will ever need:
http://www.vnbitcoin.org/litecoincalculator

Its not a scam, just not a good investment thats all...
member
Activity: 111
Merit: 10
My avatar is in the shop
October 16, 2014, 10:22:34 PM
#11
NO HARDWARE WILL ROI.
IT WAS ALL A SCAM AND THEY KNEW IT ALL ALONG!
https://bitcointalksearch.org/topic/m.9159439
https://litecointalk.org/index.php?topic=22290.msg212985#msg212985
 Angry

Still not convinced.
Try this, last calculator you will ever need:
http://www.vnbitcoin.org/litecoincalculator
sr. member
Activity: 378
Merit: 250
October 16, 2014, 08:32:23 AM
#10
Bitmain actually has the cheapest cloud mining right now. But hope they drop further....
hero member
Activity: 714
Merit: 500
October 16, 2014, 02:52:03 AM
#9
Bitmain has the cheapest available GH at the moment afaik.

The question you are asking is: will newly bought hardware ROI (quickly).

Nobody can answer that question, as nobody knows the price of BTC in the future, aswell as the difficulty, your power costs....
sr. member
Activity: 394
Merit: 250
October 15, 2014, 08:05:52 PM
#8
After seeing the B10 price I was sooooo happy I got in on B9 at the last literal second.  It sucks the price of btc is so low and that's why the price is so high for equipment.  But the price of btc is going the right direction so hopefully we will go back to normal here soon.

Lucky you, many people missed the B9 boat Sad
hero member
Activity: 756
Merit: 500
October 14, 2014, 01:13:47 PM
#7
After seeing the B10 price I was sooooo happy I got in on B9 at the last literal second.  It sucks the price of btc is so low and that's why the price is so high for equipment.  But the price of btc is going the right direction so hopefully we will go back to normal here soon.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
October 14, 2014, 12:57:31 PM
#6
S3 B1 was 0.75BTC each.  On release date, BTC was $620, so each S3 was $465.  Total cost for 2 was $930.

S3 B5 was 0.68BTC each.  On release date, BTC was $585, so each S3 was $397.80.  Total cost for 2 was $795.60.

S3+ B10 is 0.572BTC each.  At $400, that's $228.80 each, so $457.60.  Shipped to my door via UPS adds 0.333BTC or $133.20.  Total cost for 2 is $590.80.

Certainly looks like they've gotten cheaper to me...

Bad comparison. Money was refunded for S3 B1, remember?

Also, B7-B10, price has stayed the same. B9 and B8 were cheaper to buy than B10.
I'll give you the 7% refund for B1 (I forgot about it to be honest) Smiley.

While B7 - B9 price remained the same at 0.58BTC per unit, the value of BTC dropped considerably (down to $280 at one point last week).  Bitmain only tacked on shipping to B10, correct?

Don't get me wrong, I think it sucks that Bitmain suddenly started to charge for shipping, where they previously never did.  However, given that had I actually placed an order for a pair of B10 S3+ when they went on sale, the units would have been 1.16BTC or ~$350.  If you included shipping in that cost, or about $100, Bitmain would have made only $125 per miner.  I'm pretty sure this is the reason they decided to start charging for shipping - to not eat too much of their bottom line.
member
Activity: 68
Merit: 10
October 14, 2014, 12:41:31 PM
#5
S3 B1 was 0.75BTC each.  On release date, BTC was $620, so each S3 was $465.  Total cost for 2 was $930.

S3 B5 was 0.68BTC each.  On release date, BTC was $585, so each S3 was $397.80.  Total cost for 2 was $795.60.

S3+ B10 is 0.572BTC each.  At $400, that's $228.80 each, so $457.60.  Shipped to my door via UPS adds 0.333BTC or $133.20.  Total cost for 2 is $590.80.

Certainly looks like they've gotten cheaper to me...

Bad comparison. Money was refunded for S3 B1, remember?

Also, B7-B10, price has stayed the same. B9 and B8 were cheaper to buy than B10.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
October 14, 2014, 08:48:59 AM
#4
But the profitability seems to be dropping.. so not worth buying it Smiley
That's a whole other discussion Wink
member
Activity: 116
Merit: 10
October 14, 2014, 08:15:24 AM
#3
But the profitability seems to be dropping.. so not worth buying it Smiley
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
October 14, 2014, 07:13:08 AM
#2
S3 B1 was 0.75BTC each.  On release date, BTC was $620, so each S3 was $465.  Total cost for 2 was $930.

S3 B5 was 0.68BTC each.  On release date, BTC was $585, so each S3 was $397.80.  Total cost for 2 was $795.60.

S3+ B10 is 0.572BTC each.  At $400, that's $228.80 each, so $457.60.  Shipped to my door via UPS adds 0.333BTC or $133.20.  Total cost for 2 is $590.80.

Certainly looks like they've gotten cheaper to me...
member
Activity: 68
Merit: 10
October 14, 2014, 01:59:29 AM
#1
I know, I know... you are a business, and you here to make money. Compared to other vendors, you are still better. However, charging $140 USD for shipment of 2 S3 miners + high cost of the miners themselves costs more now than it did months ago. Just had to get this thought out there  Cheesy Cheesy Shocked
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