Topic: iBelink DM11G - Group Buy - Cancelled - page 2. (Read 5734 times)
If DaChronic will plug in all his miners we're gonna be sent into oblivion with the diff increase.....
Put me down for 38 units.
LOL, too good to be true.
Kilo, I just made some calculation and seems that this is very profitable based on calculation here: https://www.cryptocompare.com/mining/calculator/dash?HashingPower=10.8&HashingUnit=GH%2Fs&PowerConsumption=850&CostPerkWh=
This is ROI within a month (by not calculation the electricity), or there is a mistake here?
If in any case there is only one left then I will re-think and maybe order one.
If iBelink really is building and shipping 3000 units you can throw out all all the calculations for ROI. Diff is going to the moon, profitability is going to crash. The only thing you can do is guesstimate what might happen.
If we were to get some of the first units and started mining like crazy we might see an ROI in 6-8mths IF we are lucky. I suspect it will quickly go out beyond a year and will be like trying to mine BTC. Only shot is to get one of these early. If you pick up one later the chances of ROI look pretty grim.
Of course that all assumes that these units hash at the advertised rate, which so far the limited look at the one that was online was quite a ways off from the advertised rate. I am not so sure this thing is ready for prime time. I would like to see some more data from the miner.
I'm being conservative. Wouldn't want to bump anyone off the list.
Put me down for 38 units.
LOL, too good to be true.
Kilo, I just made some calculation and seems that this is very profitable based on calculation here: https://www.cryptocompare.com/mining/calculator/dash?HashingPower=10.8&HashingUnit=GH%2Fs&PowerConsumption=850&CostPerkWh=
This is ROI within a month (by not calculation the electricity), or there is a mistake here?
If in any case there is only one left then I will re-think and maybe order one.
Put me down for 38 units.
@DaChronic to the rescue?
LOL
Put me down for 38 units.
As I understand it, there should not be a risk of vaporwaring 5700,- down the drain, "only" 2500,- if this turn out to be vapor it would be found out before shipping, right ? ;
from op;
"2 - Escrow would need to have the entire amount for 50+ units in his hand by Friday.
3 - Escrow would be sending the money directly to the manufacturer. 50% on Friday and the balance when the miners are going to ship.
This is how I understand it as well, which makes it much more appealing than other group buy options. If it doesn't pan out, at least escrow will send us our remaining 50% back.
Put me down for one.
Can you elaborate on why the Friday deadline?
Why are these purchasing contracts for these so short on time?
Why are these purchasing contracts for these so short on time?
From what I know the manufacturer is ready to start the production of units and have given any Batch 1 customers a deadline to show up in Beijing in person and sign contracts.
There are several groups that are buying miners from the first production batch. The terms are the same for all groups, and one of the requirements is 100 units minimum order quantity. That's it.
If there are several groups and the minimum is 100 units, imagine the nuclear difficulty that it's going have on DASH.
Network hashrate for DASH is about 3TH, so if each iBelink DM11G does 10GH x 100 units = 1TH x 2 Group Buys = 2TH.
So that is more than half of the network hash added that is going be online. Anyone know how to calculate profits with the difficulty when that much is added? Lol
It seems pretty unrealistic to me that with current calculations, it says ROI is 30 days or less even at 0.30c kilowatt.
Difficulty is going to skyrocket if 500+ of these units go online. Which will in turn hurt the profitability as time goes on, thats crypto though.
Kilo: I may be down for one of these be right now I'm on the no side. Seems like the only proof we have is one video and tracking hashrate that seems to be dropping or not maintaining the 10GH rating. Having escrow through phil is great and I 100% trust you and the other guys in the group buy, I'm just a little afraid of vaporwaring $5700 down the drain. Is there anything else out there to give a little more confidence in iBelink?
from op;
"2 - Escrow would need to have the entire amount for 50+ units in his hand by Friday.
3 - Escrow would be sending the money directly to the manufacturer. 50% on Friday and the balance when the miners are going to ship.
Can you elaborate on why the Friday deadline?
Why are these purchasing contracts for these so short on time?
Why are these purchasing contracts for these so short on time?
From what I know the manufacturer is ready to start the production of units and have given any Batch 1 customers a deadline to show up in Beijing in person and sign contracts.
There are several groups that are buying miners from the first production batch. The terms are the same for all groups, and one of the requirements is 100 units minimum order quantity. That's it.
If there are several groups and the minimum is 100 units, imagine the nuclear difficulty that it's going have on DASH.
Network hashrate for DASH is about 3TH, so if each iBelink DM11G does 10GH x 100 units = 1TH x 2 Group Buys = 2TH.
So that is more than half of the network hash added that is going be online. Anyone know how to calculate profits with the difficulty when that much is added? Lol
It seems pretty unrealistic to me that with current calculations, it says ROI is 30 days or less even at 0.30c kilowatt.
Difficulty is going to skyrocket if 500+ of these units go online. Which will in turn hurt the profitability as time goes on, thats crypto though.
Kilo: I may be down for one of these be right now I'm on the no side. Seems like the only proof we have is one video and tracking hashrate that seems to be dropping or not maintaining the 10GH rating. Having escrow through phil is great and I 100% trust you and the other guys in the group buy, I'm just a little afraid of vaporwaring $5700 down the drain. Is there anything else out there to give a little more confidence in iBelink?
Wondering where we stand on the total units? Are we over the required minimum?
Also, any news on escrow? Wondering if we are doing BTC or USD. Just want to get my ducks in a row to be ready at the right time.
Also, any news on escrow? Wondering if we are doing BTC or USD. Just want to get my ducks in a row to be ready at the right time.
All clarification: https://bitcointalk.org/index.php?topic=1898909.new#new
NO - that is simply more lies and deception - here is the UNMODERATED VERSION:
https://bitcointalksearch.org/topic/ibelink-dm11g-10800mhs-6750-unmoderated-legal-news-1898943
Will be reading the unmoderated version
All clarification: https://bitcointalk.org/index.php?topic=1898909.new#new
NO - that is simply more lies and deception - here is the UNMODERATED VERSION:
https://bitcointalksearch.org/topic/ibelink-dm11g-10800mhs-6750-unmoderated-legal-news-1898943
1 unit for me
TY
TY
All clarification: https://bitcointalk.org/index.php?topic=1898909.new#new
I'm in for 1 unit
Thanks
Thanks
Asked the question dualminer.com
Good afternoon! The Internet has information about Ibelink DM11G, will ASIC Miner actually be sold?
Staff (Andy)
5/2/2017 7:40:44 PM showed a new miner - iBeLink DM11G with 10.8GH / s. As you probably have seen from a video on Youtube, Bitbaza (one of our customer from Russia) showed a new miner. We hereby confirm that it is our latest 28nm X11 Miner. The technical specification is listed below:
? Hash Function: X11
? Hash Rate: 10.8 GH / s ± 5%
? Power Consumption: 750 W (at the wall, with 25 ° C ambient temp)
? Power Efficiency: 0.07 J / MH (at the wall, with 25 ° C ambient temp)
? Number of TNB0303 chips per unit: 64
? Operating Temperature: 0 ° C to 40 ° C
? Network Connection: Ethernet
? Power Supply: 110V to 240V, 50Hz / 60Hz
? Certifications: FCC, CE
? Dimensions: 490mm (L) * 350mm (W) * 180mm (H)
? Weight: 21kg (with packing boxes)
At this moment, this product is only going through the preorder for customers with more than 100 units.
We will announce that it is open for general international sales.
Andy
Tiannengbo Group
http://www.dualminer.com/crm.asp?mk=kljdecvdce-833
Good afternoon! The Internet has information about Ibelink DM11G, will ASIC Miner actually be sold?
Staff (Andy)
5/2/2017 7:40:44 PM showed a new miner - iBeLink DM11G with 10.8GH / s. As you probably have seen from a video on Youtube, Bitbaza (one of our customer from Russia) showed a new miner. We hereby confirm that it is our latest 28nm X11 Miner. The technical specification is listed below:
? Hash Function: X11
? Hash Rate: 10.8 GH / s ± 5%
? Power Consumption: 750 W (at the wall, with 25 ° C ambient temp)
? Power Efficiency: 0.07 J / MH (at the wall, with 25 ° C ambient temp)
? Number of TNB0303 chips per unit: 64
? Operating Temperature: 0 ° C to 40 ° C
? Network Connection: Ethernet
? Power Supply: 110V to 240V, 50Hz / 60Hz
? Certifications: FCC, CE
? Dimensions: 490mm (L) * 350mm (W) * 180mm (H)
? Weight: 21kg (with packing boxes)
At this moment, this product is only going through the preorder for customers with more than 100 units.
We will announce that it is open for general international sales.
Andy
Tiannengbo Group
http://www.dualminer.com/crm.asp?mk=kljdecvdce-833
1 may be 2 after escrow.
possibly 1 ,
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