Cryptouniverse - Official Canaan Distributor - page 12.

Grog!

jr. member

Activity: 33

Merit: 2

Quote from: bitcoininsanity on January 08, 2018, 03:33:23 PM

All I am hearing from you guys in this thread is "Baaa". You mean you're fine with paying 4k for 11Th/s since "it's all with profits now anyway" or "it's early hence the price"? That's ridiculous.

I was waiting for 821 since it was announced... BUT... I'm not buying in this insane price.

I go for GPU rigs... Let's drive crazy the price of the Gamer's graphics cards and face the incoming revolution! YEAHHH! XDDD

Who want to invest in a device with 10 month ROI when you can get a much more fancy device, less noisy and with 1 - 2 months ROI ?

Not me!

I want ASICs back in 1K USD now!

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: bitcoininsanity on January 08, 2018, 03:33:23 PM

"Legally binding tax" has nothing to do with accepting payments in Bitcoin. If you account for it right, it's all the same. I do accept payment in Bitcoin for real-life services and it works for me.

All I am hearing from you guys in this thread is "Baaa". You mean you're fine with paying 4k for 11Th/s since "it's all with profits now anyway" or "it's early hence the price"? That's ridiculous.

I sell my s7 at 1200 or so, means this price is only $2800. Works for me!

Can possibly sell the s9's at even higher profit and then just re-buy more A8's. It works both ways on the mining as well as ASIC selling.

bitcoininsanity

newbie

Activity: 12

Merit: 0

"Legally binding tax" has nothing to do with accepting payments in Bitcoin. If you account for it right, it's all the same. I do accept payment in Bitcoin for real-life services and it works for me.

All I am hearing from you guys in this thread is "Baaa". You mean you're fine with paying 4k for 11Th/s since "it's all with profits now anyway" or "it's early hence the price"? That's ridiculous.

Also see https://bitcointalksearch.org/topic/m.27733022

Shazam!!!

full member

Activity: 350

Merit: 158

#takeminingback

Quote from: bitcoininsanity on January 08, 2018, 12:29:24 PM

Why aren't Bitcoin payments available?

I would think because of the legally binding tax that he mentioned above.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: ?? on ??

If you compare it with bitmart.co.za, the Avalon 821 cost 53000 ZAR (3565 euro) and will be released March 31, 2018.
Now cryptouniverse sell it for 3800 euro and you will get it between 28th of january and 9th of february, almost 2 months earlier, therefore the price.
So you pay more, because as crypto universe told us, that this is a spot window batch with earliest availability (January Batch).

Yep, this is the first run. I will replace my S7 with this guy (and sell the S7) so I'm not complaining about price, it's all with profits now anyway.

Laddy

newbie

Activity: 2

Merit: 0

The most recent batch of antminer s9s went for 2300..... Why would anyone buy a 821 at this price?

bitcoininsanity

newbie

Activity: 12

Merit: 0

Quote from: Crypto-Universe on January 08, 2018, 12:09:57 PM

Guys just to clarify:
We hope to be able to offer the avalon 8 series cheaper once more miners are available on the market.

Why aren't Bitcoin payments available?

bitcoininsanity

newbie

Activity: 12

Merit: 0

Let's do the basic math here. A unit is 3800 EUR. Shipping another 100 EUR (within the EU).

A821 is rated 1200W. Let's have our hypothetical miners collocated. A standard price for collocation of a miner in central europe is around 40 EUR. A standard price per 1kWh is 0.14 EUR. A 1200W device will do 864 kWh in 30 days (a month).

So far that's 120 EUR for electricy and 40 EUR for the collocation. 160 EUR total per unit.

Let's say we get 2 units.
Costs: 160 x 2 = 320 EUR a month.
Profit at current difficulty of 1.93113645449e+12 at 22 TH/s and Bitcoin value of 14900, 1082 EUR a month.
Net profit: 1082 - 320 = 762 EUR a month.

ROI on current prices: 2x 3800 + 100 = 7700 EUR; 7700/762 = 10 months and 3 days. Assuming difficulty does not change.

This make little sense. Judging by how difficulty been rising recently, and how volatile and violent Bitcoin's been for past month, even full ROI is unlikely.

Correct me on anything.

For a small time private miner looking to acquire 1-5 units the most reasonable strategy is: Wait and see what happens on the market.

Crypto-Universe

member

Activity: 127

Merit: 17

Blockchain Solutions for Everyone !

Guys just to clarify:

This is a spot window batch with earliest availability (January Batch). Initially it was looking very bad to even get miners for consumers that early. Most miners will be available earliest in march !

The price shown on the website includes the legally binding EU-VAT tax, which doesn't apply to buyers outside of EU or companies with VAT-ID.

Also as EU-Distributor we are the ONLY distributor who has to provide full EU warranty that is 2 years of guarantee..

We hope to be able to offer the avalon 8 series cheaper once more miners are available on the market.

cheers,

bitcoininsanity

newbie

Activity: 12

Merit: 0

Did you notice they don't accept Bitcoin payments? For the kit pre-orders only available is Paypal or bank transfer. This is getting more ridiculous by a minute.

I was ready to order 3, assuming they would be priced 2500-3000 EUR per unit. But 4k? No. I'd rather wait and see what happens later this year. With the news or China silently suppressing mining, and facing this kind of ridiculous prices, just as well this may be a moment for a local (i.e. European) company to start manufacturing quality miners. Who knows. All you need is the idea and some funding. Manufacturing will be in China anyway.

Secondly, 11 TH/s at 3800 EUR is a joke. We could talk 16-20. Wasn't S9 launched with around 11 TH/s some 1.5 year ago?

Elix9

newbie

Activity: 56

Merit: 0

Quote from: shareman on January 08, 2018, 11:43:48 AM

Why almost all people do crypto? For money.

The people coming into crypto strictly to make money are going to be the ones who kill it.

shareman

newbie

Activity: 3

Merit: 0

Quote from: Irbers0n on January 08, 2018, 11:12:47 AM

Thats pretty greedy in my mind. Cryptouniverse should change the slogan "We want to see miners back in the hands of the community." to "We want to see how much our customers are willing to pay for miners ."

I know that there can be taxes etc. for importing miners to EU but they cant be adding +80% to the price. Margins werent so high with 741...

Iwas ready to pay 3000€ for miner but 3800€ is just too much considering 5 mont ROI. ROIs were lower with 741.

If people will stop buy for these prices, they will reduce prices. If people will buy for these prices why to reduce it?
They do it for money, it is normal. Why almost all people do crypto? For money.

gummybearsecks

newbie

Activity: 14

Merit: 0

Canaan

TheShire

newbie

Activity: 33

Merit: 0

Quote from: gummybearsecks on January 08, 2018, 11:22:20 AM

Let's start a group buy guys! I'm in UK.

Group buy from c.uiniverse or Canaan ? ( in UK also )

gummybearsecks

newbie

Activity: 14

Merit: 0

Let's start a group buy guys! I'm in UK.

zumbo

newbie

Activity: 13

Merit: 0

rip cannan i guess with these prices

Irbers0n

newbie

Activity: 1

Merit: 0

So Canaan is selling Bulk Pack 60 units (includes miner,controller and psu) for 173,100.00$ (144 586.88€) to resellers. Let's add 1000€ (i know overestimate) for shipping. And we get that Cryptouniverse is paying canaan 144 686.88€ for 60 Minerpacks.

Thats 144 686.88€ / 60 = 2411,45€ for 1 miner,controller and psu.

Cryptouniverse is selling one pack at 4110,00€ (excl. shipping). 4110,00€ x 60 = 246 600,00€ for 60 bulk packs.

So Cryptouniverse is getting 246 600,00€ - 144 586.88€ = 102 013,12€ for Bulk Pack of 60 units.

Thats pretty greedy in my mind. Cryptouniverse should change the slogan "We want to see miners back in the hands of the community." to "We want to see how much our customers are willing to pay for miners ."

I know that there can be taxes etc. for importing miners to EU but they cant be adding +80% to the price. Margins werent so high with 741...

Iwas ready to pay 3000€ for miner but 3800€ is just too much considering 5 mont ROI. ROIs were lower with 741.

Grog!

jr. member

Activity: 33

Merit: 2

Quote from: shareman on January 08, 2018, 09:33:40 AM

...
However a reason for this were eBay bunnies who was able to pay 4000-5000 USD for miner which was on sale by 1000 USD
...

I will now sell to those eBay bunnies for 7000-8000 USD. So, next batch ASIC Manufacturers will get even richer !!! ...and we will create the biggest bubble ever known!!!

shareman

newbie

Activity: 3

Merit: 0

4110€ is too much for set

However a reason for this were eBay bunnies who was able to pay 4000-5000 USD for miner which was on sale by 1000 USD
I understand Canaan and other manufacturer and also Cryptouniverse.

173 100 USD for 60 sets is 2885 USD = 2400€
I hope there will be some space for lower price

Didley1JT

full member

Activity: 140

Merit: 100

$4300 for a miner worse than the S9 is absurd.

Topic: Cryptouniverse - Official Canaan Distributor - page 12. (Read 31165 times)