Topic: [Guide] Dogie's Comprehensive Manufacturer Trustworthiness Guide [1st Feb 2016] - page 4. (Read 131555 times)

Please don't bring the minuscule dropping of points into discussion because I already showed the real reasoning for this small drop(this was just a small step out of many steps for getting Bitmain to the top). If you want I can always refresh your memory.

[Moved to Skype]

I don't have a proof, but I think you know some stuff about Bitmain ethics which you refrain from taking into account.
I can't reveal what it is.

Bitmain dropped 10 points when I became involved with them.
Canaan Creative dropped 3 points when I became involved with them.
Spondoolies' rating has risen over the same period, even during the problems of under performing SP30 preorders.

I don't believe this statement is true

Will be fixed on next refresh of guides.

IMHO there's only one "r" in Black Arrow's X1 Prospero. Unless you're making a doggy joke.

Anyone who's fooled into looking for more information about these scammers shouldn't get lost due to that typo.

Fixed thanks, that's hopefully all of them.

@Dogie

Great thread, but Spondoolies company site isnt valid "https://spondoolies.refersion.com/c/4381" is wrong. Consider revising it

Ok, thanks

Nothing confirmed from anyone, and as history as shown we should wait until hardware appears before passing judgement either way.

Are there any trusted manufacturers who are launching next gen miners within the next 6 months?

Whoa whoa whoa, lets be honest now. The only mention of income, earnings or ROI in your guide is one vague line which suggests there might be risk, along with a link to a post from May 2014 saying don't buy USB miners to make money...


That's it, the entirety of the "WARNINGS NOT TO BUY all the way through" in the ratings, yet you're still claiming some huge moral high ground.

That is if BTC price holds and difficulty doesn't blow up.

Too many ifs.

As you said DO NOT BUY MINERS... BUY BTC and hold. Best option.

And it is clear Dogie doesn't read my guide or he would know there are plenty of WARNINGS NOT TO BUY all the way through for months. However if you are still insisting on going ahead then I recommend what are the best companies given what consumers say about their experiences. Unlike this thread that has little or no input from consumers. If he had done that I bet tens of thousands of dollars would not have been lost to some pretty horrible companies that were touted as excellent in this thread for many months when there was ample evidence to contrary. I stand by my statements I don't have to back peddle and remake rating system to some how fit my own personal agenda. Basically I copy and paste what people post and there reports makes it clear what is a reputable business and what isn't.

And while you and I have had our fights on line  many companies do sell at high prices.  Many items do not have hope to make a profit.

As for bick saying  no current deal will profit for a small investor.

 I actually think that at 469 shipped to the usa a s-5 will earn that back by nov, dec 2015 in a 10 cent a kwatt home with a psu on hand.

If you want to use that methodology, why does your guide have a thumbs up section at all? Surely all those companies (according to you) sell at a loss to the consumer and so should all be thumbs down?

Dogie should dock bitmaintech for this preorder.

I will not buy any gear today.

I still like bitmiantech's pricing move from a business strategy .

Do I believe a 469 dollar s-5 will pay itself off in 4 month maybe maybe not. I do think it will pay itself off by nov or dec.

I think the superfarms have concluded what I did. diff can not work at endless 10%.  They will replace older gear and not expand much. they will restrict sales hoping to make coins more desirable this way.  No math works for big cloud mining and a 1000ph network it will fail. but knc bitfury a few other mining with .15 watt gear works as long as they do not over grow the diff.
   guys like us 5th 10th 20th can survive.  if diff stays at 2-3% and price moves at 5-10%.  I think diff restriction or lack of hashing gear would drive price up.   I have preached this since the late summer.

   It is why I can say bitmaintech's move may be good. I would prefer anyone today to buy and hold btc.  or mine and hold btc if they have miner.
If miners would buy coins and not buy miners we would be better off.  So my argument is this hi price  should restrict sales and drive price up. I would prefer miners to not buy a miner from bitmaintech. 

I mentioned in my previous post I blame the miners for spending on these machines not bitmaintech for selling them at a high price.

Have to agree 100% Finksy.

There is certainly a 'fiduciary' responsibility for anyone posting hardware reviews and guides etc to warn consumers of bad deals but this guide in particular is not concerned with that aspect and never has. It is primarily concerned with telling you what hardware is "good" although it lags significantly behind the consumers in what really is value for money given how long it takes to see ratings adjusted to the reality of the marketplace.

Currently there are no such ROI hardware deals available to the average small user and there will never be a time when that is possible ever again. Only with economies of scale in both electricity and purchasing power of hardware can anyone hope to recoup their investment and that has been the case for about 4 to 5 months now.

It is disingenuous to keep promoting mining hardware especially to the less knowledgeable or newer people who come into this forum subsection.

As for Bitmain I don't think it is right or wrong what price they set. Simply DO NOT BUY over priced or pre-order units simple. Be a smart consumer.

Edit: note that dogie sells his freebie miners in order to recoup his time invested. He doesn t keep the equipmement to mine it to recoup. That is a very telling point as he knows that the only way to get his return on his invested time is to dump miners fast for quick cash which is the only way currently to break even after a short mining run. Hypocritically he still promotes miner sales.

So at no point does ability to ROI come into play for your choice of miners?  I understand you are an enthusiast Philip, but your opinion on this board holds sway. I don't think it's very considerate to encourage purchase of this hardware for people who have any intention to make (or even not lose) money, when it would require minimum 4 months to ROI without even factoring electricity cost or difficulty increases.  That is just not realistic, and I don't know how you could "like the pricing" by any stretch.  The pricing before the increase (with or without forseeable difficulty increases on the horizon) was not incredibly lucrative, it is on a different level of crazy now.

edit: amazing how this one topic has spread across pretty much every thread in hardware.  Sorry dogie, my only intention on posting here earlier was to bring up the matter of Bitmain and pre-orders, and the fact that you should downgrade them on the next update in the context of pre-orders.

I don't know maybe bitmaintech's move makes some sense.  they sold more then 300 of them in 36 hours on btc sales alone.


No:

 Asic Miner
Sp-tech


The avalon while nice costs 2.1btc shipped to the usa.  Once you go past 875gh on it the power goes up quickly.  Its best numbers come around 700-725gh. 

So 2.1btc = 617 usd 


I like this pricing idea of 469 usd shipped.  When compared to the avalon it is 150 usd less .

 So 850gh at 617 usd  watts per gh at this level = .58
or 1150gh at 469 usd  watts per gh at this level = .52


seems like a bargain  compared to the avalon 4.1 yeah loud as fuck but 30 dollars in mods and it is quiet.

So if you want new gear they are kind of the only game in town.


My problem is this 3 quick price jumps and people are still buying the gear. I blame the buyers more then I do bitmaintech.

Bitmaintech even told them coins are going up yet the people have spent more then 500 coins in 1 ¾ days buying the gear.