Topic: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s - page 347. (Read 787066 times)

Yeah we have been having issues with BIPS.me, having to change over to something else.

Hi Bob, thanks for the link. The issue is that the order module is non functional (the buy button is disabled) due to some issue with taking paymen. I'm curious if there is an ETA of when they will be able to accept orders.

bobsag3 - http://minersource.net/  he's posted on this thread and the site is referenced on the black arrow site.

Anyone know when the USA reseller will be ready to accept payments? I was thinking of ordering a couple of the small units to give me something to look forward to early next year.

to re-answer and agree with the former answer on the asic miners and chips...........

I am sure that KNC miner is working on their next generation, however, I do see their reasoning in not having so many chips made the first time around.
It takes MONEY, and time. I am sure they didn't want to gamble more than a few million dollars (of our money) on making chips no one would buy, or someone would outdate, quickly.

With several companies jumping  into the fire with big asic miners, it is getting harder to sompete, and if you look at their mission statement, they stated out front, that they would release them slowly, as not to drive the market up too high, too fast, allowing the owners time to recover their outlay, before saturating the market with new machines.
I am also sure that the manufacturers held some back for them, and that means they want to keep the market low, for their own mining purposes, and I can't really blame them.
We saw  many group buys (I personally got left out of several, in this  particular forum, because of that stupid NEWBIE crap, which sucked wind like a vacuum cleaner...thanks a lot I might add), here, and a ton of us got left out, but that is they way it goes.

At least they HAVE a release date for more machines. cointerra doesn't, others don't either. And here comes blackarrow, not willing to answer questions, nor have they posted very much data, nor do they have any means of insuring yours and my money, and expect us to just GIVE them our money and hope they deliver.

That being said, by the time their (knc's) MARCH batch comes out, the difficulty will be WAY beyond what any 500Gh machine can do.
Cointerra had the right idea, but by the time theirs comes out, those 2TH machines will only deliver 1 BTC/day, leaving 500GH machines in the dust, and themselves fading fast. Right now, it takes over 1TH to make 1BTC/day, and novembers, and decembers machines haven't been released yet. It seems to just about double what it takes (in TH's, now that GH's are about dead...Mh or Kh is useless) every month.
By february and march release dates, it will take upwards of a  minimum of 5TH for 1BTC/day and 10TH to make a descent profit, maybe even more. No telling what those will cost, either.

I, being willing to invest some bucks, now that I have stacked some away, see it being a loosing battle, and bullcrap stuff like 45-50,000 for a jupiter machine, or Cointerra PREORDER (which again smacks of rip off), on fleabay, is making me sick.
ROI WAS at about 30-60 days, that 50,000 crap puts it 6 months to a year or  more before you get any ROI, and that is only if the price stays up.
I am NOT willing to throw my money at someone who won't give me any way to insure my money is well spent and not ripped off. And when they aren't aswering questions, or putting out any data, THAT raises more questions than answers.

Not to mention the fact that these "groups" are buying up anything and everything that comes out, since they were the only assholes allowed in on the group buys, because about a hundred of us "newbies", or a LOT more got left out ,because we couldn't post, or PM anyone about getting in on those "group" buys. Once again, thanks a lot for that shit, too............

rant rant rant..........

to re-answer and agree with the former answer on the asic miners and chips...........

I am sure that KNC miner is working on their next generation, however, I do see their reasoning in not having so many chips made the first time around.
It takes MONEY, and time. I am sure they didn't want to gamble more than a few million dollars (of our money) on making chips no one would buy, or someone would outdate, quickly.

With several companies jumping  into the fire with big asic miners, it is getting harder to sompete, and if you look at their mission statement, they stated out front, that they would release them slowly, as not to drive the market up too high, too fast, allowing the owners time to recover their outlay, before saturating the market with new machines.
I am also sure that the manufacturers held some back for them, and that means they want to keep the market low, for their own mining purposes, and I can't really blame them.
We saw  many group buys (I personally got left out of several, in this  particular forum, because of that stupid NEWBIE crap, which sucked wind like a vacuum cleaner...thanks a lot I might add), here, and a ton of us got left out, but that is they way it goes.

At least they HAVE a release date for more machines. cointerra doesn't, others don't either. And here comes blackarrow, not willing to answer questions, nor have they posted very much data, nor do they have any means of insuring yours and my money, and expect us to just GIVE them our money and hope they deliver.

That being said, by the time their (knc's) MARCH batch comes out, the difficulty will be WAY beyond what any 500Gh machine can do.
Cointerra had the right idea, but by the time theirs comes out, those 2TH machines will only deliver 1 BTC/day, leaving 500GH machines in the dust, and themselves fading fast. Right now, it takes over 1TH to make 1BTC/day, and novembers, and decembers machines haven't been released yet. It seems to just about double what it takes (in TH's, now that GH's are about dead...Mh or Kh is useless) every month.
By february and march release dates, it will take upwards of a  minimum of 5TH for 1BTC/day and 10TH to make a descent profit, maybe even more. No telling what those will cost, either.

I, being willing to invest some bucks, now that I have stacked some away, see it being a loosing battle, and bullcrap stuff like 45-50,000 for a jupiter machine, or Cointerra PREORDER (which again smacks of rip off), on fleabay, is making me sick.
ROI WAS at about 30-60 days, that 50,000 crap puts it 6 months to a year or  more before you get any ROI, and that is only if the price stays up.
I am NOT willing to throw my money at someone who won't give me any way to insure my money is well spent and not ripped off. And when they aren't aswering questions, or putting out any data, THAT raises more questions than answers.

Not to mention the fact that these "groups" are buying up anything and everything that comes out, since they were the only assholes allowed in on the group buys, because about a hundred of us "newbies", or a LOT more got left out ,because we couldn't post, or PM anyone about getting in on those "group" buys. Once again, thanks a lot for that shit, too............

rant rant rant..........

@bobsag3: what is that $100k for?

Opening a credit card account to receive payments costs $10 per month + transaction fees which many charge back to the client anyway!
There is more cost in the swipe machine than in the account (costs start from $60 per month), which is also factored in the costs!

I don't get it.

Also, what's with that youtube movie on BFL homepage showing a bunch of employees assembling parts together. I'm not in the business but is this stuff rocket science to build? I don;t see them as Intel inventing microprocessors, it's a field programmable gate array which - supposedly - means you can get a hand held machine and download the algorithm into it!

If KNCminers are out of stock, then why would not they restock? what kind of business is so sad to run out of stock? I understand companies do their best to sell their products and start to worry when they sit on the shelf, like Microsoft with Surface 1 tablet which never sold out. I can't see Apple running out of stock on the iPhone and then sitting not doing anything until God knows what happens.

actually I kinda like this idea places like BFL that only rely on equip sales

if no one else is dumping product in mass on the market they will not do so either to protect the network because they mine

How about one dongle and a switch?

@bobsag3: what is that $100k for?

Opening a credit card account to receive payments costs $10 per month + transaction fees which many charge back to the client anyway!
There is more cost in the swipe machine than in the account (costs start from $60 per month), which is also factored in the costs!

I don't get it.

Also, what's with that youtube movie on BFL homepage showing a bunch of employees assembling parts together. I'm not in the business but is this stuff rocket science to build? I don;t see them as Intel inventing microprocessors, it's a field programmable gate array which - supposedly - means you can get a hand held machine and download the algorithm into it!

If KNCminers are out of stock, then why would not they restock? what kind of business is so sad to run out of stock? I understand companies do their best to sell their products and start to worry when they sit on the shelf, like Microsoft with Surface 1 tablet which never sold out. I can't see Apple running out of stock on the iPhone and then sitting not doing anything until God knows what happens.

I saw A copy of the application HSBC (sp?)sent them for credit card processing ... and the requirements for it were on the order of needing 100k+ up front, and 5+% fees.

Let us know for all I know they have tried to get a credit card option perhaps kncminer can only get theirs because of close association with their already established chip partner....just saying....as if I have NO other basis to give them $$$ that is fine..but not gonna do it blind on a hope and a prayer like I did based off BFL's fancy lies and www site.

So let us know just need more facts I guess....kinda in the dark with a lot of these asic mnfg places

Just want to let you guys know I under stand yalls position. Completely valid points. But I am planning on flying out to meet them here in a few weeks, and then will be returning in febuary for launch (helping out, and getting all my units for my customers and I shipped out).

I'm with ya on CC or PP front Searing!!! I'll only buy with BTC IF the product is shipping NOW or MAYBE in a week or so.....................No more will I get bent over like I did with BFL & Avalon