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Topic: Klondike 1 Avalon Asic chip Mini USB miner - page 7. (Read 70652 times)

sr. member
Activity: 322
Merit: 250
Supersonic
I'll buy 200 @ 0.5 each to resell on my site.


I would be willing to buy for .6 if you did that but we need to see where the price is going to level out at. Hopefully it will pop back up to at least 115.

from a buyers perspective, if ur pricing mining equipment in BTC, price of btc:usd should really not matter... since these things are for mining bitcoins only, your ROI would always remain in BTC... skip converting to scam currencies Smiley

Their issue is that they have to purchase the raw equipment in fiat.

thats the sellers problem.
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
I'll buy 200 @ 0.5 each to resell on my site.


I would be willing to buy for .6 if you did that but we need to see where the price is going to level out at. Hopefully it will pop back up to at least 115.

from a buyers perspective, if ur pricing mining equipment in BTC, price of btc:usd should really not matter... since these things are for mining bitcoins only, your ROI would always remain in BTC... skip converting to scam currencies Smiley

Their issue is that they have to purchase the raw equipment in fiat.
sr. member
Activity: 322
Merit: 250
Supersonic
I'll buy 200 @ 0.5 each to resell on my site.


I would be willing to buy for .6 if you did that but we need to see where the price is going to level out at. Hopefully it will pop back up to at least 115.

from a buyers perspective, if ur pricing mining equipment in BTC, price of btc:usd should really not matter... since these things are for mining bitcoins only, your ROI would always remain in BTC... skip converting to scam currencies Smiley
full member
Activity: 238
Merit: 100
I'll buy 200 @ 0.5 each to resell on my site.


I would be willing to buy for .6 if you did that but we need to see where the price is going to level out at. Hopefully it will pop back up to at least 115.
full member
Activity: 238
Merit: 100
I'm happy to do small buys, the only hassle is shipping, but that's business....

K1's at 0.3 BTC

https://bitcointalksearch.org/topic/mitten-mining-k1-03-btc-k16-075-btc-k64-3-btc-assembly-services-216952

That's not including the avalon chip which you have to provide to them. That's about .1 and then shipping is a hassle so all in all this buy is probably .1 more expensive with a bulk buy but this is so much more added convenience and probably will be ready faster.
legendary
Activity: 2058
Merit: 1005
this space intentionally left blank
I'll buy 200 @ 0.5 each to resell on my site.
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
I'm happy to do small buys, the only hassle is shipping, but that's business....

K1's at 0.3 BTC

https://bitcointalksearch.org/topic/mitten-mining-k1-03-btc-k16-075-btc-k64-3-btc-assembly-services-216952

That seems like a good deal, thanks
full member
Activity: 378
Merit: 100
I'm happy to do small buys, the only hassle is shipping, but that's business....

K1's at 0.3 BTC

https://bitcointalksearch.org/topic/mitten-mining-k1-03-btc-k16-075-btc-k64-3-btc-assembly-services-216952
full member
Activity: 238
Merit: 100
So if we got someone to buy all 550 would the price still be .6?

Edit nvm just saw that btc is at sub 100...ive been basing this on a  115 price
hero member
Activity: 812
Merit: 505
The Last NXT Founder
I just feel there is a better way than either putting the burden on someone else or having ridiculous markups for small orders. How much effort goes into the shipping of 500 units? I imagine the bulk of it would be the labeling and traveling to and from post office right? I still think prices should be able to have at least a small margin of allowing miners to make some profit here.

I don't think that having such a high price on lower amounts to discourage buying in low quantities is a good idea. This is supposed to be something where you don't have to be spending a lot of money to be a part of btc mining. Please don't make this another block erupter that will never return investment because that isn't what most of us are here for. We want to see profit (even minimal) in mining; not via reselling on ebay, bitmit, amazon, or whatever.

Well find a person willing to do a group buy when the time comes. I'm saying I personally don't want to deal with it.
full member
Activity: 140
Merit: 100
I don't think that having such a high price on lower amounts to discourage buying in low quantities is a good idea. This is supposed to be something where you don't have to be spending a lot of money to be a part of btc mining. Please don't make this another block erupter that will never return investment because that isn't what most of us are here for. We want to see profit (even minimal) in mining; not via reselling on ebay, bitmit, amazon, or whatever.

I believe it would be more accurate to see the higher price not as a way to discourage, but as a way to compensate the vendor for the additional time and effort required to individually package label and ship a single product.  It is a time consuming process - easy to overlook when we're talking about one sale, but certainly not when considered cumulatively.
full member
Activity: 238
Merit: 100
I just feel there is a better way than either putting the burden on someone else or having ridiculous markups for small orders. How much effort goes into the shipping of 500 units? I imagine the bulk of it would be the labeling and traveling to and from post office right? I still think prices should be able to have at least a small margin of allowing miners to make some profit here.

I don't think that having such a high price on lower amounts to discourage buying in low quantities is a good idea. This is supposed to be something where you don't have to be spending a lot of money to be a part of btc mining. Please don't make this another block erupter that will never return investment because that isn't what most of us are here for. We want to see profit (even minimal) in mining; not via reselling on ebay, bitmit, amazon, or whatever.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
Someone should just groupbuy em all at .6 and then organize shipping them out...

**Cough** Arklan **Cough**

That is SO ok with me...
hero member
Activity: 812
Merit: 505
The Last NXT Founder
It's so much easier to ship to retailers though!

I think it'll be something like (Prices VERY subject to change...)

1@ BTC 1
10@ BTC 0.75
50@ BTC 0.65
100@ BTC 0.6

I think ~550 will be sold and the rest mining personally and be kept as part of a limited warranty (if it breaks in X months, I'll replace it. While supplies last.)

Max order for first X days will be 10 units maybe? after that, if there are still any left, it'll be open to 50 and then 100.  General strategy assuming all the costs stay the same and bitcoin doesn't dip to low.

I get that you are doing this to make profit off of the sales of these but I see no possible way someone is going to make back a 1 or even the .75 btc investment. I think this would be much better at .5 or under (without shipping costs of course)

I know I personally won't be interested at all even at the bulk prices.

You said it's easier to ship to retailers and I get that but not the extreme variance from 1 unit to 100 units..You aren't including shipping in these costs are you?

I mean a good example is arklan who had to ship out 300+ units at only a .1 markup of original price. 0.4 markup is absolutely insane and quite honestly I didn't even expect the units themselves to cost 0.4.

It's very time consuming to do a lot of small orders.

Arklan is a cool dude, go ahead and buy from him. (although ASICMiner is juicing you guys real hard for this usbminer...)

I'm not just reshipping boards anyway considering I have to ship chips/ get them made and am fronting 100% of the costs.

I REALLY don't want to send 500 1 miner orders, which is why I priced singles at 1 BTC (cause I know at least 1 person will ask to buy one...) I'm most comfortable with 10 at a time at least. As for my profit margins, it's a free market and I think my current prices are low and reasonable, but by all means you can buy it elsewhere, it is open-source and all. The prices are also not set in stone at all and may go up or down.
full member
Activity: 238
Merit: 100
Someone should just groupbuy em all at .6 and then organize shipping them out...

**Cough** Arklan **Cough**
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
It's so much easier to ship to retailers though!

I think it'll be something like (Prices VERY subject to change...)

1@ BTC 1
10@ BTC 0.75
50@ BTC 0.65
100@ BTC 0.6

I think ~550 will be sold and the rest mining personally and be kept as part of a limited warranty (if it breaks in X months, I'll replace it. While supplies last.)

Max order for first X days will be 10 units maybe? after that, if there are still any left, it'll be open to 50 and then 100.  General strategy assuming all the costs stay the same and bitcoin doesn't dip to low.

Sorry man, you might as well wholesale them at these prices, let the suckers on ebay pay $400.00 a pop for them each plus shipping.

If you can get to the .50 range I would gladly buy 10, give a few to some friends to get them into the game and keep some for myself.
full member
Activity: 238
Merit: 100
It's so much easier to ship to retailers though!

I think it'll be something like (Prices VERY subject to change...)

1@ BTC 1
10@ BTC 0.75
50@ BTC 0.65
100@ BTC 0.6

I think ~550 will be sold and the rest mining personally and be kept as part of a limited warranty (if it breaks in X months, I'll replace it. While supplies last.)

Max order for first X days will be 10 units maybe? after that, if there are still any left, it'll be open to 50 and then 100.  General strategy assuming all the costs stay the same and bitcoin doesn't dip to low.

I get that you are doing this to make profit off of the sales of these but I see no possible way someone is going to make back a 1 or even the .75 btc investment. I think this would be much better at .5 or under (without shipping costs of course)

I know I personally won't be interested at all even at the bulk prices.

You said it's easier to ship to retailers and I get that but not the extreme variance from 1 unit to 100 units..You aren't including shipping in these costs are you?

I mean a good example is arklan who had to ship out 300+ units at only a .1 markup of original price. 0.4 markup is absolutely insane and quite honestly I didn't even expect the units themselves to cost 0.4.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
It's so much easier to ship to retailers though!

I think it'll be something like (Prices VERY subject to change...)

1@ BTC 1
10@ BTC 0.75
50@ BTC 0.65
100@ BTC 0.6

I think ~550 will be sold and the rest mining personally and be kept as part of a limited warranty (if it breaks in X months, I'll replace it. While supplies last.)

Max order for first X days will be 10 units maybe? after that, if there are still any left, it'll be open to 50 and then 100.  General strategy assuming all the costs stay the same and bitcoin doesn't dip to low.
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
To clarify, I'm going to sell COMPLETED units to people when I get them made. I have ordered 592 chips in a group buy and am using them to buy and sell completed, ready to use, boards.

If they are anywhere around the $50 / 0.5BTC mark, I predict your entire batch of 592 chips will be gone in seconds.

Regarding this, do you think that an order limit of up to something like 10 k1's would be a good idea. This way people would be most likely mining with them instead of reselling for a much higher price like we saw with the block eruptors because anything over 10 and you would probably be better off just getting a k16. I just can see someone ordering 100 or so of these and then the rest of us scrambling to get one and having to buy one at a premium. I know this would be a bit of a nuisance for you but maybe we could have just a limit of 10 for the first day or so which would enable most people who want a small amount to get in and then after the first day people could start buying large orders and not take away the opportunity of many others.

Just and idea and thank you and BKK for setting this all up.

+1 for all of us that don't have 1000 BTC @ $0.20 each.
full member
Activity: 238
Merit: 100
To clarify, I'm going to sell COMPLETED units to people when I get them made. I have ordered 592 chips in a group buy and am using them to buy and sell completed, ready to use, boards.

If they are anywhere around the $50 / 0.5BTC mark, I predict your entire batch of 592 chips will be gone in seconds.

Regarding this, do you think that an order limit of up to something like 10 k1's would be a good idea. This way people would be most likely mining with them instead of reselling for a much higher price like we saw with the block eruptors because anything over 10 and you would probably be better off just getting a k16. I just can see someone ordering 100 or so of these and then the rest of us scrambling to get one and having to buy one at a premium. I know this would be a bit of a nuisance for you but maybe we could have just a limit of 10 for the first day or so which would enable most people who want a small amount to get in and then after the first day people could start buying large orders and not take away the opportunity of many others.

Just and idea and thank you and BKK for setting this all up.
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