Topic: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World - page 15. (Read 42042 times)

And wannabes are going to keep bitching about what they can't have, when they want it, for the price they're willing to pay.

Well you didn't put any thought into your answer, did you?

Of course competition, or the threat of competition, can cause prices to fall.  So can excess inventory, decreased demand, cheaper production and/or material costs, difficulty rise (in the case of bitcoin) and many other reasons or combination of reasons.

What can't happen for any length of time is, you can't sell something for less than it costs to produce.  So quit bitching about overpriced ASICs and go back to mining LTC with your GPUs.  

yes you are one of the suckers, so you were right all the way suckers gonna buy any ways

Yeah, but since you followed the AM pricing model of $WillNeverROI most folks who were excited about this aren't excited any longer.  Well done on the technical achievement, un-watching this thread however since your pricing model is absurd.

BPMC isn't going to be fucked however you want to look at it.  Did you miss the part where he said that he ultimately didnt care if they sold any?  They'll just mine with whatever they don't sell.

Have you seen the sexy pics of the BPMC farm yet?  It's pretty difficult not to fall in lust and desire a couple hubs filled with those gorgeous sticks after seeing the photos.

Price didn't drop because of that !!! price dropped because of difficulty, than explain why blades cost only 4BTC? because of your USB miners ?

Well not kids then. Locals. Although it's hardly child labour putting usb sticks in boxes. Sounds like a great pocket money job.

Kids? Child labour... no thanks.

Make no USB miners at all...  no competition.

When we posted that we were going to build a K1 and the chips didn't arrive... what happened to the price of the BE's? Let me know if you think being in the market with this Miner is a negative as opposed to having only one place to shop?

You could pay some local kids to package them if putting one in a box is too time consuming.

I do not see where is the competition ? in making a hardware way over priced than any other existing hardware ? the only competition you are making is the reverse one, any one can grab a calculator and see that even BEs are better than yours in ROI terms, the only thing I can congratulate you for is making "working prototype" and nothing else, you cant call this competition sir, you are way far from to the closest thing to competition.

and yes this makes it easy for you for the next Run, but Sir till than don't try convince us.

We use an ATMEL - ATMEGA32U2-AU which is 8 Bit 32KB mem controller.
you can find out all the details about programming on the ATMEL website.

cheers,
kev.

No I don't think we and our customers are as FUCKED as much as we would have been if we kept going on something like the K1 Nano, we are not really that out of tune as you think we are that is the beauty of being part of a COOP there are plenty of people to point out how the math is going to go. It is all relative. This miner was built. It exists. I think that value alone puts the production at breakeven or small profit in perspective. Personally and for many of our members I have to say having USB miners in the marketplace that is in direct competition with bigger players that are functional is a minor achievement and makes us happy. If we make a few bucks great. If we have to mine for an extended period to make back our investment ok... but to be honest having the design and tech for a second round with cheaper chips means we are hardly FUCKED nor the community as we will as prices drop pass that along. So much doom and gloom there are actually positive aspects to this unit here is hoping people see that if not today possibly in a few weeks.


You might want to also keep an eye on our longer term plans as we are confident that future projects we have will be right inline with what people need and expect from mining gear. The days of the individual miner might be gone or going but as we are sort of showing people can band together and get products from design board to the marketplace.

I am sure he does like a beer every now and again.

based on what you said," you have small profit and it is close to nothing" means that if you do not sell for this price you are fucked as well, of course assuming that you were honest when you said that you do not have much profit of them.... if you cant sell, you wont see ROI from mining with them.

so you are fucked either ways, you didn't do your math or you thought the community is still stupid to blindly buy for any price... these times are over, miners got burnt and learned the lesson, again except if you sell to some sucker and it doesn't count    

2.10BTC?? ahahah overpriced!! SUPER OVERPRICED!!

Price for Fan Boys!

I'm buying? NOT!!

We can only dream that 3 month old BEs will have any resale value whatsoever. 

I doubt you will see anything from Barntech for at least another month. If We were to order October chips we could probably match his pricing. We are not doing pre-orders or pre-sales, BPMC have learned our lessons from that. It doesnt really matter if we sell these first few or mine them. BPMC were first to market with these, we provided video evidence of hashing "in stock" items. To my knowlege, no other group has done that.

cheers,
kev

you will ship your erupters to Russia
they will make huge hubs for 200+ devices
and power from wind/solar

i would buy some if price would be below 0.6 BTC

30$ chip + 30$ pcb+labour+handling

i hope it will be aviable in next weeks