Topic: DragonMint T1 16TH/S halongmining.com - page 66. (Read 87857 times)

I see. Well, it does help. Wat doesnt help is the mining difficulty going past the moon lol

I said remote.

U mean remote connection through a computer or have u physically operated one?

Does it help if I say these are real? I can't speak for their production targets times costs etc. but they do hash uniquely different and I've helped work with them remotely.

Well I hope to get a reply soon.

Very cool. Thanks for being so open, Phil.

Sent this today


Re: Dragonmint
Tuesday, February 13, 2018 11:08 AM
From:
"PHILIP .........."
To:
philip.....yahoo.com "Yoshi Goto"
Hi Yoshi,  

Just touching base  on cc purchase of 4-5 of these units.

https://bitcointalksearch.org/topic/m.30087353
https://bitcointalksearch.org/topic/m.30088378


I have stuck to my guns on this gear being real.  We have a long relationship of business and you have been fair to me.
If you can get one a bit early for me it would be nice.
I did nice reviews on the autominer.at 13 gpu miner and did not reveal any of their secrets with my review.

https://www.youtube.com/watch?v=j-0nlCWXAf0
https://www.youtube.com/watch?v=BobJrsFuSNA
https://www.youtube.com/watch?v=9a5zXdRMxxc



BTW here is HagssFIN  avalon review

https://bitcointalksearch.org/topic/m.30172375


If I do a review of the Dragonmint  and you want it to be more discrete then the one above  more like my Autominer.at review I would no show trade secrets. This is my autominer review

https://bitcointalksearch.org/topic/autominerat-13-gpu-review-2769704

Just touching base.  Let me know how stuff is going on your end.
I sold a lot of gear  to make space in my solar array for the dragonmints  so I hope you come through. I am going to put this in the thread on bitcointalk. As I do not feel I have anything to hide here.

Best regards,

Phil

Halong, assuming they are real, will be releasing orders taken from december onwards. It is bad enough already. It is about to get worst.

It is possible for a whole industry (big and small players) to make losses for even a decade ...as u can see in the bulk carrier shipping industry. U can google about that as an example.

A good example is just the D3 now. D3 miners will run the machines even if it makes 20-30 bucks a month per machine lol. So, the big low cost miners will make say 70-80 bucks per D3 and the smaller miners will make 20-30 bucks per machine. No one breaks even either way. Hopefully, it does not occur here...

I don't think the haloongs will bring up the difficulty rating. I'm more concerned about big operations like bitfury hut 8. I do expect a new bitmain machine this year, as other posters have speculated. I still think haloong needs to get this thing out ASAP or they're going to miss their window. At those prices it's already a tough sell, if better tech keeps releasing they're going to be sitting on a release that would have been huge 6 months earlier.

I will follow this very closely as well. Thanks Phil for sticking your neck out on this, whichever way it goes.

Wow, 3-5 years payoff with 20-30 lifespan. It is a good deal for u. It guards against possible higher electricity cost too.

Your only other major risk is ethereum going proof of stake. It is possible that eth going pos would kill gpu mining because eth is the main. Once eth pos, every eth miner will point gpu to other coins. Other coins difficulty will skyrocket and possibly not be profitable. Then, there will be alot of gpu firesales in the market as everyone is selling. Just investing in solar alone could be better. Maybe u can resell the energy cost to your state.

---

(Moderator's note: This post was edited by frodocooper to remove nested quotes.)

Past price is not an indication of future price.

And if u think btc price is going to rise, u should just buy btc. U will make alot more than mining for sure. If u had invested in btc last year at 800 bucks, u make 10 times your money now at 8000 USD. Mining will not give u anywhere near that much. This year, mining difficulty will go up higher than last year as it is due to more manufacturers and greater interest in it.

Also, seems gpu is more profitable now as gpu supply is not as abundant as asics. There are only 2 gpu manufacturers versus alot of asic manufacturers.

I will shoot him an email on monday.

we have not  exchanged emails  for a while

Phil, any news about discussions with Yoshi?

I think a good move would be that they would be able to send a Dragonmint unit to you for a review in March or April.

It would repair some PR damage.

yeah it is always a juggling act

gpu gear
asic gear
coins
cash
power price
power cap
heat cap
debt
-----
diff
coin price
-------------
all 10 above  need to be studied and shifts made with the ones I can control.

I am :

gpu heavy
asic lite
coin lite
cash heavy right now
power price controlled
under power cap
under heat cap
0 debt

--------------
diff
coin price
--------------

I am prepping for dragon miners next month

and as always can not control diff and coin prices

the other 8 I have choice

As time has moved on  

I was a  5,000  dollar guy
Then  a 10,000 dollar guy
Then  a 20,000 dollar guy
Now   a 50,000 dollar guy

By Jan 2019 ?

its interesting you say that. I started with GPUs and ended up moving towards ASICs......so complete opposite. I do still have some GPUs mining Zcash since July last year, but they are by and large a much smaller %. I do have to admit that the GPUs did ROI in around 4 months in total, but it was mostly because Zcash boomed alot during the time.

Still, investors made way more money than me I think (one of them being my sister)

it is why  I have drifted away from asics towards gpus

I still have 30k in gpu gear.

and I have  under 10k in asics.  I have 1 two board s-9  buysolar has   3 or 4 s-9s

I don't trade as I don't gamble/speculate.

With  the  set power cost  deal I have I will always profit  as long as I don't go far past the arrays power cap.

So a gpu with a 3 year warranty not pushed will last the 3 years and always earn over power cost.

Of course  my earnings   may not hit 15k a month like in dec .


I am 1181 all mine      1181
and 187    50-50            93
and 2566  50-50          1283

total = 2557  after all costs

and I left out  2 board s-9 on 50-50   that is 0.02385 btc 50 -50   a month   about 90 more

so 2656 usd a month net.

When buysolar found me and showed me his plan for the array  I realized I could   get rid of one risk in mining that is power.

We started out with  avalons and s-7s  and gear broke a lot.  S-7's  and psu's more so then avalon.

after study of cost factors.   I realized  we could shift towards gpu mining and get rid of   gear breaking issues.

Then gpus took off last year.  So I do lots of cost  risk projections and gpus  are almost always better due to solid warranty.  Plus  fans break more then any other thing and that is a cheap fix.

I like the idea of a better asic like this dragonmint but right now  at 16th and 1200 watts

my deal   would be 8000 th and 0 power  so in a year  it earns 2000 usd

that  creates  a risk for me if it breaks

for a guy like you  in a year  at 4 cent power  it nets 3600.

I used 8000  a coin with flat diff  we both know diff won't be flat and price is ?

I imagined price rise to equal diff rise.  so  the asic for you is less risky then for me.  mostly due to my power deal.

Buysolar tends  to   have a few extra  asics all to himself on the array .  While our shared miners are the gpus which I own completely.

I hesitated to buy here at first due to preorder wait which kills me math wise.

Even with the free electricity, we're still sinking costs into the ASICs (and also opportunity cost if you're also trading). I don't have solar, but I do have very cheap Electricity Phil. Even I have to admit, By the time my new machines ROI, the people who bought BTC@7k will probably be 5x richer from the same amount of money lol

The solar has a 20-30 year life span.

With New Jersey rules and incentives it will pay off in 3-5 years.

So at worst 15 years to 20 years of viable paid off energy.

I definitely bought the dip this last time I had some limit buys for 5500 as well if it went lower. Was going to sell organs

My trading profit has 100% funded my mining endeavors.

To stay on topic, I do hope these are real for all the people's sake who have pre-paid. I am also confident Bitmain is preparing a new/updated/enhanced model as well.