Topic: BPMC Launch BF1 USB miner - probably the fastest USB miner in the World - page 19. (Read 42057 times)

Realism is two sided.

1. Cost of production.
2. Density vs. other hub based miners.

Obviously you have to do the calculations and do what is best and I mean that for those selling and those buying. We hope to find that razor thin line between profit and ROI. Unfortunately the earlier the BitFury chip the thinner that line comes and given that reality prices have to be minimally worth our time and effort to sell them in all deference to quick ROI timelines and future difficulty.

I have previously stated even with the K1 Nanos that we need, as a COOP, to mine them or sell them and that is what will happen here. We will put up a price not to gouge the community rather to make a small profit for us and get product into the marketplace even if it is not the best price it does help push other vendors to lower their costs and that benefits everyone. If that is not possible we will mine the units so please make sure you do your calculations and make that decision carefully but make no mistake we will offer up miners for sale. The marketplace will decide as it should be.

We are still up in the air for October BitFury chips and whether it is feasible given the slim margins we might simply move on to a newer generation chip (not USB) and try to get those to market. Alternatively we could help the DIY community by fabricating RedFury's with your chips, but again that is not set in stone and merely on the drawing board and given the margins not profitable for people given the time limits and difficulty jumps. Suffice to say we will do what we can to offer the best price but given the realities I am not sure if we can satisfy everyone.

Thanks,
So they previously sold them for $99 a piece? I was hoping for a more realistic price range.

The scam of the year.

Here you go (GB is closed now):

https://bitcointalksearch.org/topic/drillbit-system-miners-avalon-range-available-now-10499-266235

Link?

Bingo!

Interested will being watching!

These are basically the same ones that barntech was selling in the group buy forums, right?

Though with AM, there weren't many options available when they did the auctions. If the BF1 USB miners are auctioned at say 0.9 BTC, you can get the asicminer USB sticks for .10 each (0.9 BTC for ~2.6 GH/s). This is bulk pricing, but still.

The only reason to auction would be if they are still behind doing mass production and want to get some units out in the community. I think the folks who paid 50 BTC for the AM blades showed us something (i.e. never bid crazy on these ASICs...)

Auction them to highest bidders.  Find the sweet spot on what people are going to pay and then follow through on future orders with that.

Same thing Asicminer did.  Get yours.

At 0.63BTC each, these would be priced very fairly and offer good ROI, much more than that and it's a gamble, much less and BPMC is underselling themselves.

chip + usb chipset + development&mounting
the REAL price should be NOT more than 0,3 BTC!!!

wow amazing its nice to see more usb stick miners hopefully price will be under 1btc.

I agree with what kendog77 is saying here.  If you are plugging figures into a mining calculator like the TGB one, you need to throw out the first row of results to get a better prediction on ROI.

Interested in this product.
Will wait on prices.

Well it would be inherently pointless for them to price them above the easily available block erupters, so I think they will be priced just a tiny bit below those.

FYI, shipping is from Indonesia!

Excellent news!

Sad that this is going to be limited, but it is a step in the right direction. Hopefully their factories are cranking out these like crazy. If they are priced right (not equivalent to AM, but cheaper), this will sell like hot cakes. I would imagine people waiting for BFL to cancel and buy 2 of these (~5 Ghs). Folks using AM to just add on these miners.

This has to be less than $100 (somewhere close to 50-70 ideally). Otherwise there's no point in introducing something that's not going to see any ROI in atleast a year.

I disagree, so good luck with that! You may want to double check your math because 2.5 GH only earns 0.0145 BTC per day at current difficulty, so you're looking at 69 days to ROI if you pay 1 BTC and exclude difficulty increases and electricity.

The trouble is that difficulty increases are insane right now (~30% every 10 days), and you likely won't get these and start mining before the next difficulty increase to over 110 million.

My (conservative) estimates say no ROI for BTC1. More current estimates following recent difficulties say BTC0.75 is too much.