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Topic: Black Arrow Software real or fake? - page 2. (Read 12010 times)

newbie
Activity: 55
Merit: 0
December 12, 2013, 11:13:37 PM
#32
I was tempted to put in an order, but running the numbers, you'll be lucky if you break even by the time it ships, and that's assuming you get close to 100% utilization.  If it's as new as they claim it is..there's gonna be duds, knowing my luck I'll get one of them.  Buying server time seems to give best returns for minimal risk.
hero member
Activity: 756
Merit: 500
December 12, 2013, 02:31:21 PM
#31
Warning.

I suggest you all take a look at the Drillbit thread: https://bitcointalksearch.org/topic/m.3898239

BlackArrow assembled the boards and look where we are today...having MAJOR issues requiring repair.  Beware.
sr. member
Activity: 321
Merit: 250
December 12, 2013, 10:19:19 AM
#30
Even if Black Arrow delivers in time,iits still 2 and a half months away.By that time bitcoin difficulty will increase so much that we wont earn coins anywhere close like we are calculating now.
 

wrong.   black arrow is due in 60 -75 days   5 or 6 diff adjustments.  do your math

 at 30%   you get this

    908 mill now
  1180 mill dec 22
 1535  mill  jan 4
 1995  mill  jan 16
 2594  mill   jan 28
 3372  mill  feb 9
 4384  mill  feb 21    
[...]

Almost correct, but with a 30% increase in difficulty, the 2016 block period is shortened equally (to below 11 days; 14/1.3=10.77). Correct calculation for 30% difficulty increase:
Code:
date diff in mio. time frame for 2016 blocks
10 Dec 13 908 10,77
20 Dec 13 1.180   10,77
31 Dec 13 1.535   10,77
11 Jan 14 1.995   10,77
22 Jan 14 2.593   10,77
1 Feb 14 3.371   10,77
12 Feb 14 4.383   10,77
23 Feb 14 5.698   10,77
6 Mar 14 7.407   10,77

I expect the difficulty increase to slow down a bit. Currently there are roughly 6.5 PH/s running.
To boost that up to a difficulty of 7400 million until beginning of march, you need another 46 PH/s added to the Bitcoin network.
The total amount of PH/s (that is yet announced, but needs to be delivered) for 2014 is only a bit more than 20 PH/s.
Even with the late delivery that was announced for 2013 (and that may happen in early 2014) it can be doubted that the total network speed will reach more than 50 PH/s by beginning of march 2014.
But who knows...
legendary
Activity: 2114
Merit: 1002
December 12, 2013, 06:46:41 AM
#29
For whatever my anecdote is worth, they were responsive when I placed an order on their website, and emailed me to send payment to an address, but have not responded to any further emails I have sent to them. I was not able to submit payment within 24 hours and have been trying to reach someone to resolve the status of my order.

 It's been almost a week now  Undecided

try opening a support ticket and tag it as Critical.
legendary
Activity: 2114
Merit: 1002
December 12, 2013, 06:45:40 AM
#28
I have been looking at Black Arrow Software from last month.Their prices are too low compared to Butterflylabs(BFL) and Kncminer:

Black Arrows' Prospero X-1 (100Ghash/second) is $352 only where BFL's 50 GH/S BITCOIN MINER is $2500

Black Arrows' Prospero X-3 (2000Ghash/second) is $5950 where BFL's 600 GH/S BITCOIN MINING CARD is $4680 and Kncminer's Neptune (3000Ghash/sec) is $13000

Black Arrow's Rent-Some-Minions - 6 months for 1000Ghash/sec is $3050 and BFL's 1Ghash/sec for 1 year is $10.83 that's $5.415/6month.Now for 1000hash/sec it's $5415/6month.


As you can see in every product Black Arrow's price is just too unimaginably low.They are based in China which also makes a suspicion in me if they are legit or not.Also they don't allow group buys.They start shipping from February next year.I don't see any other provider offering anything at that price not even close to them.

They have phone numbers for China,Hong Kong,UK and US.So are they real or just a scam?Waiting to hear from specialists here.

Same perception I had a year ago.
Ordered some ASIC miners from the BTCfpga team (USA). They tanked.
Should have bought Avalon units (China) . Still banging my head.
member
Activity: 108
Merit: 10
December 11, 2013, 08:29:14 PM
#27
If you look at https://bitcointalksearch.org/topic/m.3884729 you will see a little way down that bobsag3 has posted many pictures of his visit to Black Arrow a few days ago.
newbie
Activity: 16
Merit: 0
December 11, 2013, 04:57:21 PM
#26
I want hardware and "cloud-mining" so bad from them... but I also still dont know if they are reliable or not.
When asking if I can visit them, I did not get any reply, which is not a good sign.

But maybe I am wrong and just miss a good opportunity.....
Its really really hard.... Wink
legendary
Activity: 1652
Merit: 1067
Christian Antkow
December 11, 2013, 01:12:09 PM
#25
 For whatever my anecdote is worth, they were responsive when I placed an order on their website, and emailed me to send payment to an address, but have not responded to any further emails I have sent to them. I was not able to submit payment within 24 hours and have been trying to reach someone to resolve the status of my order.

 It's been almost a week now  Undecided
legendary
Activity: 4102
Merit: 7765
'The right to privacy matters'
December 11, 2013, 11:22:09 AM
#24
Even if Black Arrow delivers in time,iits still 2 and a half months away.By that time bitcoin difficulty will increase so much that we wont earn coins anywhere close like we are calculating now.
 

wrong.   black arrow is due in 60 -75 days   5 or 6 diff adjustments.  do your math

 at 30%   you get this

    908 mill now
  1180 mill dec 22
 1535  mill  jan 4
 1995  mill  jan 16
 2594  mill   jan 28
 3372  mill  feb 9
 4384  mill  feb 21    

 machine comes in  you have 2th it earns about .25 coins a day  if coins stay at 1000 you would have a chance to turn a profit.

at just  27 %  that feb 21 number is  3000 mill

 machine comes in  you earn .334 coins a day  if coins stay at 1000 you would most likely make money


lastly at 25%   that feb 21 number is 2775

machine comes in  you earn .36  btc a day  if coins are at 1000 you would get into the range of good money made


just drop done a little more to 20%  you get 2260 mill

machine comes in you earn .44 btc a day  at 1000 a coin you will do very well.

many ifs  

Your logic didn't work for the past three difficulty jumps otherwise we would have been at 1 billion already.  Don't use doubling math.
 I think you have not a real understanding of what I wrote.

   I have 4 cases  up to the feb 25 date

   one at 30% gets to 4383 mill
   two at 27% gets to 3000 mill
three at 25%  gets to 2775 mill
  four at 20%  gets to 2260 mill  

any of them could happen.

worse case 4383   best case  2260 mill.

and this has not included the price of btc     will it be 200 usd  1000 usd  2000 usd

    so many ifs
newbie
Activity: 51
Merit: 0
December 11, 2013, 11:20:58 AM
#23
Do they respond to emails?  They haven't with me.  It's in regards to my order and if it's till. laid for me to send payment.

They do, but at a large delay. They're probably swamped with emails like minersource...probably.

It's been stated they're certain that they will deliver exactly on or near February 24th. I'm not sure if this comes from pure confidence or a highly efficient production line.
hero member
Activity: 677
Merit: 500
December 11, 2013, 09:32:22 AM
#22
Do they respond to emails?  They haven't with me.  It's in regards to my order and if it's till. laid for me to send payment.
member
Activity: 108
Merit: 10
December 11, 2013, 06:20:58 AM
#21
BFL prices were set a long time ago and are now completely crazy. The only reason they sell anything at those prices is because they can supply from stock, and a miner in the hand is worth two in the bush.
Black Arrows prices are probably realistic as 100G in March will not be anything to get excited about and as it seems to be made with only one ASIC it will be pretty cheap to manufacture.
member
Activity: 96
Merit: 10
Tha Chickenator
December 11, 2013, 04:42:50 AM
#20
I'm tempted to buy the Minion Cloud service for 1TH worth.

If it pops off in March, and Diff is 6 billion or less, it should do the trick.  Cool

This shit does look too good to be true, with no near competitors in sight.  Huh

This could be the Chinese KNC or the Chinese BFL.  Shocked Heaven or Hell.........Purgatory is also a very real possibility.
legendary
Activity: 980
Merit: 1040
December 11, 2013, 04:33:05 AM
#19
And you honestly expect the additional 28 PH to come online within the next 5 months to hit 4.4+ B difficulty?  

Unless most vendors keep dropping the ball far more than they have so far, then yes.
If you dont, then do you think CT isnt going to be able to ship 2PH batches each month, or do you think CT and Bitmine together will have more than 50% of the market?

We've seen 7-8  PH added in the past 5 month, and only one vendor has been shipping latest gen miners. Next year there will be over 10 such vendors.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
December 11, 2013, 04:24:19 AM
#18
Your logic didn't work for the past three difficulty jumps otherwise we would have been at 1 billion already.  Don't use doubling math.

510900000 * 1.25³ = 997M or <1B

That said, instead of assuming a continuation of an exponential growth curve that fit remarkably well the past 12 months, feel free to add up all orders promised to ship in the next 6 months from 12+ vendors and see what happens. To get you started:
Cointerra: 2+ PH per batch x 5 = 10+PH
Bitmine: 4 PH before April
Asicminer: 2-20 PH

Add your own estimates for Hashfast, BFL, BlackArrow, KnC, Labgarden, Bitmain, ActMiner,  Bitfury,  Avalon,..



And you honestly expect the additional 28 PH to come online within the next 5 months to hit 4.4+ B difficulty? 
legendary
Activity: 980
Merit: 1040
December 11, 2013, 03:58:08 AM
#17
Your logic didn't work for the past three difficulty jumps otherwise we would have been at 1 billion already.  Don't use doubling math.

510900000 * 1.25³ = 997M or <1B

That said, instead of assuming a continuation of an exponential growth curve that fit remarkably well the past 12 months, feel free to add up all orders promised to ship in the next 6 months from 12+ vendors and see what happens. To get you started:
Cointerra: 2+ PH per batch x 5 = 10+PH
Bitmine: 4 PH before April
Asicminer: 2-20 PH

Add your own estimates for Hashfast, BFL, BlackArrow, KnC, Labgarden, Bitmain, ActMiner,  Bitfury,  Avalon,..

legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
December 11, 2013, 03:37:23 AM
#16
Even if Black Arrow delivers in time,iits still 2 and a half months away.By that time bitcoin difficulty will increase so much that we wont earn coins anywhere close like we are calculating now.
 

wrong.   black arrow is due in 60 -75 days   5 or 6 diff adjustments.  do your math

 at 30%   you get this

    908 mill now
  1180 mill dec 22
 1535  mill  jan 4
 1995  mill  jan 16
 2594  mill   jan 28
 3372  mill  feb 9
 4384  mill  feb 21     

 machine comes in  you have 2th it earns about .25 coins a day  if coins stay at 1000 you would have a chance to turn a profit.

at just  27 %  that feb 21 number is  3000 mill

 machine comes in  you earn .334 coins a day  if coins stay at 1000 you would most likely make money


lastly at 25%   that feb 21 number is 2775

machine comes in  you earn .36  btc a day  if coins are at 1000 you would get into the range of good money made


just drop done a little more to 20%  you get 2260 mill

machine comes in you earn .44 btc a day  at 1000 a coin you will do very well.

many ifs 

Your logic didn't work for the past three difficulty jumps otherwise we would have been at 1 billion already.  Don't use doubling math.
legendary
Activity: 4102
Merit: 7765
'The right to privacy matters'
December 11, 2013, 12:41:27 AM
#15
Even if Black Arrow delivers in time,iits still 2 and a half months away.By that time bitcoin difficulty will increase so much that we wont earn coins anywhere close like we are calculating now.
 

wrong.   black arrow is due in 60 -75 days   5 or 6 diff adjustments.  do your math

 at 30%   you get this

    908 mill now
  1180 mill dec 22
 1535  mill  jan 4
 1995  mill  jan 16
 2594  mill   jan 28
 3372  mill  feb 9
 4384  mill  feb 21     

 machine comes in  you have 2th it earns about .25 coins a day  if coins stay at 1000 you would have a chance to turn a profit.

at just  27 %  that feb 21 number is  3000 mill

 machine comes in  you earn .334 coins a day  if coins stay at 1000 you would most likely make money


lastly at 25%   that feb 21 number is 2775

machine comes in  you earn .36  btc a day  if coins are at 1000 you would get into the range of good money made


just drop done a little more to 20%  you get 2260 mill

machine comes in you earn .44 btc a day  at 1000 a coin you will do very well.

many ifs 
member
Activity: 105
Merit: 10
December 10, 2013, 11:29:56 PM
#14
does anyone have the link to the page where you put your payment details AFTER you wire money? I cant find it.

I've only ordered with btc, but they sent me an invoice and provided me with the address to sent the coin.
legendary
Activity: 1050
Merit: 1000
December 10, 2013, 08:08:11 PM
#13
do you realize you can buy smaller amounts here :


and that they have an on going pro to type here


https://bitcointalksearch.org/topic/black-arrow-r9-12-threads-dz-miners-co-op-plz-move-s-and-discussion-here-328996    hashing made money has bugs


https://bitcointalksearch.org/topic/closedr17x-black-arrow-prospero-x-3-dzmc-exclusive-130-40ghs-335145    you can buy at 130 a share 50 shares

  comes to 6500 a miner  a small premium .  


 read carefully both threads.  I have 2 shares of this. r17

  read the r9 -r12 yeah it is long but it is your money.  I have 11 shares of it.

If this is a real company and if the r17 buy is good all older gear sucks.

since  i made money on the r9 to r12 .  I grabbed some r17.  I am on the fence as to purchasing 10 more shares for 400gh

Three of us are buying 50 shares, no fence, go big or GTFO Smiley

Always risk but if you waited to buy one of the X-3 units after they launched, you'd pay 4X an dnever recover unless coins go threw the roof.

Right now an x-3 will make you a few grand if it stays at 900 a coin. Late delivery will kill you.
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