Latest miners? What are you using? What's good? What to stay away from?

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: promojo on August 19, 2014, 12:24:58 PM

Quote from: jonnybravo0311 on August 17, 2014, 03:50:23 PM

Quote from: MAD Miner on August 17, 2014, 01:17:05 PM

Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone

Hello and welcome. Do NOT send your money there. There is no such miner. Even if there was such hardware, the prices are way too high to be competitive. For example, the Spondoolies-Tech SP30 is $3895 for 4.5TH/s. You won't get one until the end of September/October, though. There's a list of hardware manufacturers compiled by dogie. Take a look at it here: https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691.

Doing some more research on eliteasic.com:

==
Whois Server Version 2.0

Domain names in the .com and .net domains can now be registered
with many different competing registrars. Go to http://www.internic.net
for detailed information.

Domain Name: ELITEASIC.COM
Registrar: PDR LTD. D/B/A PUBLICDOMAINREGISTRY.COM
Whois Server: whois.PublicDomainRegistry.com
Referral URL: http://www.PublicDomainRegistry.com
Name Server: NS1.ITITCH.COM
Name Server: NS2.ITITCH.COM
Name Server: NS3.ITITCH.COM
Name Server: NS4.ITITCH.COM
Status: clientTransferProhibited
Updated Date: 21-may-2014
Creation Date: 21-may-2014
Expiration Date: 21-may-2015
==

I goto ITITCH.com and find out it is some hokey bitcoin webhosting company. Bad website too. Did a whois on them... They opened up September 2012.... Not too credible and not to mention they make all of their information private which is even worse and less street cred.

Dude, Guido Rudolphi is a Bitcoin banking dude-cum-IT Dick, not a website designer. Roll Eyes

Quote from: Gleb Gamow on May 30, 2015, 07:13:15 PM

Quote from: defcon23 on May 30, 2015, 02:10:17 AM

is this the First Ever Bitcoin Bank to be Opened in Switzerland?

source:
http://www.newsbtc.com/2015/05/28/first-ever-bitcoin-bank-to-be-opened-in-switzerland/

Quote

Guido Rudolphi, who is an IT specialist among a group of eight people involved in the project, said that they’ve already gotten investors on board and have searched for suitable premises for establishing the bank.

Yep, it's the same guy: https://www.youtube.com/watch?v=ieXZTmEw0qA Took me ~30 seconds to connect the dots. I wonder if he'll hire me.

Also curious as how many Bitcoiners are goin' line up at Bank of Bitcoin to deposit their bitcoins [and vitals] into an entity whose chief scientist can document everything about you.

Rogue Guy: Is $X USD enough for the info.
GR: Yes. So that we're legal, you purchase from me this entity (not crypto related) I created five years ago. Sign here. Now, I'm goin' outside to water the tomatoes, so please don't mess with this here computer which I'm still logged in, mmmkay?
Rogue Guy: Got it!
...
Rogue Guy: How are the tomatoes?
GR: Fuckin' rabbits!
Rogue Guy: Heard that! Gotta go. Later, bud.
GR: HeHeHe! I bet he really believes that I have tomatoes. Next project to work on.

Looks like I just single-handedly nipped this Bitcoin Bank idea in the bud.

BTW, if this Guido Rudolphi is so damn good at outing people, why hasn't he found Satoshi? Is it because...

Guido and Doge

https://who.godaddy.com/whoisstd.aspx?domain=btc-dd.com&prog_id=GoDaddy

Quote

Domain Name: BTC-DD.COM
Registry Domain ID: 1906966779_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.publicdomainregistry.com
Registrar URL: www.publicdomainregistry.com
Updated Date: 2015-05-03T02:30:57Z
Creation Date: 2015-03-03T22:18:07Z
Registrar Registration Expiration Date: 2016-03-03T22:18:07Z
Registrar: PDR Ltd. d/b/a PublicDomainRegistry.com
Registrar IANA ID: 303
Domain Status: clientTransferProhibited
https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: Guido Rudolphi
Registrant Organization: NetMon, LLC
Registrant Street: Seestrasse 110a
Registrant City: Uster
Registrant State/Province: Uster
Registrant Postal Code: 8610
Registrant Country: CH
Registrant Phone: +41.0442728614
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: [email protected]
Registry Admin ID:
Admin Name: Guido Rudolphi
Admin Organization: NetMon, LLC
Admin Street: Seestrasse 110a

iwanttobeaminer

newbie

Activity: 7

Merit: 0

hello, i was reading here a lot and made an account .

I was looking to buy a nice miner , but as far as i can see It not ROI...
I pay about 0.10 $ a KW It make me sad that for a home miner If u care about making money its party over.

Or can someone tell me am wrong , yes u can make the bitc Price 500 $ .

i think its more east just to buy for my 10k i want to invest.

MichaelBliss

hero member

Activity: 526

Merit: 500

Quote from: spazzdla on September 03, 2014, 05:27:35 PM

Go go Ontario!! :O lol. Also, bitmaintech.com or rockminer.com bought from both, all worked, quick delivery. Still working actually, 4 S1's, 2 S3's, 1 Rbox.

I would recommend buying a bunch of BTC ATM though, perhaps a 70 BTC /30 Mining mix.

Yeah mining is a tough proposition at the moment unless you have really cheap electricity. Diversifying and just holding btc seems wise.

spazzdla

legendary

Activity: 1722

Merit: 1000

Go go Ontario!! :O lol. Also, bitmaintech.com or rockminer.com bought from both, all worked, quick delivery. Still working actually, 4 S1's, 2 S3's, 1 Rbox.

I would recommend buying a bunch of BTC ATM though, perhaps a 70 BTC /30 Mining mix.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: seriouscoin on August 31, 2014, 10:13:42 AM

OP which city in Canada are you from?

I am from Winnipeg. You?

seriouscoin

hero member

Activity: 658

Merit: 500

OP which city in Canada are you from?

johny08

legendary

Activity: 1045

Merit: 1000

Quote from: promojo on August 19, 2014, 12:24:58 PM

Quote from: jonnybravo0311 on August 17, 2014, 03:50:23 PM

Quote from: MAD Miner on August 17, 2014, 01:17:05 PM

Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone

Hello and welcome. Do NOT send your money there. There is no such miner. Even if there was such hardware, the prices are way too high to be competitive. For example, the Spondoolies-Tech SP30 is $3895 for 4.5TH/s. You won't get one until the end of September/October, though. There's a list of hardware manufacturers compiled by dogie. Take a look at it here: https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691.

Doing some more research on eliteasic.com:

==
Whois Server Version 2.0

Domain names in the .com and .net domains can now be registered
with many different competing registrars. Go to http://www.internic.net
for detailed information.

Domain Name: ELITEASIC.COM
Registrar: PDR LTD. D/B/A PUBLICDOMAINREGISTRY.COM
Whois Server: whois.PublicDomainRegistry.com
Referral URL: http://www.PublicDomainRegistry.com
Name Server: NS1.ITITCH.COM
Name Server: NS2.ITITCH.COM
Name Server: NS3.ITITCH.COM
Name Server: NS4.ITITCH.COM
Status: clientTransferProhibited
Updated Date: 21-may-2014
Creation Date: 21-may-2014
Expiration Date: 21-may-2015
==

I goto ITITCH.com and find out it is some hokey bitcoin webhosting company. Bad website too. Did a whois on them... They opened up September 2012.... Not too credible and not to mention they make all of their information private which is even worse and less street cred.

Steve Jeffries is behind the operation.

Founder eliteASIC • Studied at @UH Surfer and @Bitcoin lover.

He received 1 Million dollar from investors

https://angel.co/stevejeffrieshi

I quite sure, they are using the same boards and chips from sp. However i would never order miners from a company without telefonnumber hahahaha

promojo

sr. member

Activity: 420

Merit: 250

Quote from: DrG on August 26, 2014, 02:38:55 PM

Quote from: promojo on August 26, 2014, 11:42:48 AM

Quote from: DrG on August 21, 2014, 10:08:31 PM

Quote from: pumaro on August 21, 2014, 08:16:54 PM

I got a call from cointerra today basically because I was one of the suckers that preordered from them last year. He first asked me how my miners were running and I told him I had to sell them all 5 of them three months ago because they were a huge POS. They consumed 50% more power and ran 50% slower than promised. They were very unreliable and super noisy.
So he went on to try to sell 5 more of them for ~$3700 per unit. They said they run at 2TH now and consume 2600watts...I said 2600 watts!?!?!? are you kidding me? I told him no way and check out the bitmaintech antminers. much better deal.

You can buy 6TH worth of antminers for the price of one Cointerra 2TH ($3700 plus shipping =~$4000) and it will use less power/per gh and run cooler and more reliable and quieter. Basically 3x the hashpower for the same price.

They must be taking a page from BFL playbook. Several of us previous BFL customers got calls from a call center letting us know about about a 20% discount when they had finished their 65nm backlog. I told the rep about how horrible the entire ordeal was - he asked if I would be interested in placing an order.... then silence for 30 seconds Shocked

Sorry - is BFL ButterFly Labs? How are they doing these days anyway regarding miners?

Yes BFL is Butterfly Labs. Guess the company is doing pretty well since nobody is in prison. The customers on the other hand...$4600 for a miner that will earn 0.44BTC over it's lifetime assuming free electricity...

That is absolutely crazy. Yeah their site looks essentially the same as it did last year. That card is a complete rip off IMHO.

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: promojo on August 26, 2014, 11:42:48 AM

Quote from: DrG on August 21, 2014, 10:08:31 PM

Quote from: pumaro on August 21, 2014, 08:16:54 PM

I got a call from cointerra today basically because I was one of the suckers that preordered from them last year. He first asked me how my miners were running and I told him I had to sell them all 5 of them three months ago because they were a huge POS. They consumed 50% more power and ran 50% slower than promised. They were very unreliable and super noisy.
So he went on to try to sell 5 more of them for ~$3700 per unit. They said they run at 2TH now and consume 2600watts...I said 2600 watts!?!?!? are you kidding me? I told him no way and check out the bitmaintech antminers. much better deal.

You can buy 6TH worth of antminers for the price of one Cointerra 2TH ($3700 plus shipping =~$4000) and it will use less power/per gh and run cooler and more reliable and quieter. Basically 3x the hashpower for the same price.

They must be taking a page from BFL playbook. Several of us previous BFL customers got calls from a call center letting us know about about a 20% discount when they had finished their 65nm backlog. I told the rep about how horrible the entire ordeal was - he asked if I would be interested in placing an order.... then silence for 30 seconds Shocked

Sorry - is BFL ButterFly Labs? How are they doing these days anyway regarding miners?

Yes BFL is Butterfly Labs. Guess the company is doing pretty well since nobody is in prison. The customers on the other hand...$4600 for a miner that will earn 0.44BTC over it's lifetime assuming free electricity...

promojo

sr. member

Activity: 420

Merit: 250

Quote from: DrG on August 21, 2014, 10:08:31 PM

Quote from: pumaro on August 21, 2014, 08:16:54 PM

I got a call from cointerra today basically because I was one of the suckers that preordered from them last year. He first asked me how my miners were running and I told him I had to sell them all 5 of them three months ago because they were a huge POS. They consumed 50% more power and ran 50% slower than promised. They were very unreliable and super noisy.
So he went on to try to sell 5 more of them for ~$3700 per unit. They said they run at 2TH now and consume 2600watts...I said 2600 watts!?!?!? are you kidding me? I told him no way and check out the bitmaintech antminers. much better deal.

You can buy 6TH worth of antminers for the price of one Cointerra 2TH ($3700 plus shipping =~$4000) and it will use less power/per gh and run cooler and more reliable and quieter. Basically 3x the hashpower for the same price.

They must be taking a page from BFL playbook. Several of us previous BFL customers got calls from a call center letting us know about about a 20% discount when they had finished their 65nm backlog. I told the rep about how horrible the entire ordeal was - he asked if I would be interested in placing an order.... then silence for 30 seconds Shocked

Sorry - is BFL ButterFly Labs? How are they doing these days anyway regarding miners?

promojo

sr. member

Activity: 420

Merit: 250

Quote from: spazzdla on August 26, 2014, 10:53:10 AM

Bitmaintech or rockminers IMO.

Pre order is the best way to get screwed.

Yes but in some circumstances pre-order is the only way you can go in order to get the product.

spazzdla

legendary

Activity: 1722

Merit: 1000

Bitmaintech or rockminers IMO.

Pre order is the best way to get screwed.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: pumaro on August 21, 2014, 08:16:54 PM

I got a call from cointerra today basically because I was one of the suckers that preordered from them last year. He first asked me how my miners were running and I told him I had to sell them all 5 of them three months ago because they were a huge POS. They consumed 50% more power and ran 50% slower than promised. They were very unreliable and super noisy.
So he went on to try to sell 5 more of them for ~$3700 per unit. They said they run at 2TH now and consume 2600watts...I said 2600 watts!?!?!? are you kidding me? I told him no way and check out the bitmaintech antminers. much better deal.

You can buy 6TH worth of antminers for the price of one Cointerra 2TH ($3700 plus shipping =~$4000) and it will use less power/per gh and run cooler and more reliable and quieter. Basically 3x the hashpower for the same price.

The one I ordered will do 5.5TH/s @ 3000Watt... Cointerra is smoking a little too much of something here... Don't you think?

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: pumaro on August 21, 2014, 08:16:54 PM

I got a call from cointerra today basically because I was one of the suckers that preordered from them last year. He first asked me how my miners were running and I told him I had to sell them all 5 of them three months ago because they were a huge POS. They consumed 50% more power and ran 50% slower than promised. They were very unreliable and super noisy.
So he went on to try to sell 5 more of them for ~$3700 per unit. They said they run at 2TH now and consume 2600watts...I said 2600 watts!?!?!? are you kidding me? I told him no way and check out the bitmaintech antminers. much better deal.

You can buy 6TH worth of antminers for the price of one Cointerra 2TH ($3700 plus shipping =~$4000) and it will use less power/per gh and run cooler and more reliable and quieter. Basically 3x the hashpower for the same price.

They must be taking a page from BFL playbook. Several of us previous BFL customers got calls from a call center letting us know about about a 20% discount when they had finished their 65nm backlog. I told the rep about how horrible the entire ordeal was - he asked if I would be interested in placing an order.... then silence for 30 seconds Shocked

pumaro

member

Activity: 78

Merit: 10

I got a call from cointerra today basically because I was one of the suckers that preordered from them last year. He first asked me how my miners were running and I told him I had to sell them all 5 of them three months ago because they were a huge POS. They consumed 50% more power and ran 50% slower than promised. They were very unreliable and super noisy.
So he went on to try to sell 5 more of them for ~$3700 per unit. They said they run at 2TH now and consume 2600watts...I said 2600 watts!?!?!? are you kidding me? I told him no way and check out the bitmaintech antminers. much better deal.

You can buy 6TH worth of antminers for the price of one Cointerra 2TH ($3700 plus shipping =~$4000) and it will use less power/per gh and run cooler and more reliable and quieter. Basically 3x the hashpower for the same price.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: MichaelBliss on August 20, 2014, 02:35:05 PM

How much are you paying for power and do you have a PSU already? I think it's risky, but possible to make a return by mining if you don't fall for one of the many scams!

Pay essentially nothing for living in Canada. The PSUs are already in the miner. 2-1500W PSUs. 3000W total.

MichaelBliss

hero member

Activity: 526

Merit: 500

How much are you paying for power and do you have a PSU already? I think it's risky, but possible to make a return by mining if you don't fall for one of the many scams!

promojo

sr. member

Activity: 420

Merit: 250

Quote from: TheJuice on August 20, 2014, 02:24:40 PM

Quote from: testerman on August 14, 2014, 12:33:17 PM

LOL, dude. Your calcs are just plain wrong. You did not account for anything related to revenue. In reality miners are priced based on expected difficulty increase. Right now around 10-12% is the break even point for buying mining equipment. If we increase by less than 12 on average you see profit.

I think we just saw a 20% diff increase this week.

TheJuice

hero member

Activity: 843

Merit: 608

Quote from: testerman on August 14, 2014, 12:33:17 PM

Pls guys, do NOT BUY hardware, lets take a look the calculation,

Antminer S3!!!, it seems cheapest mining hardware in the world.

Assuming you will mine with this device for one year. Because after a year, hardware mines nothing because of diff rise.

Lets calculate the how much it costs..

0.68 BTC for 441 GHS.

340 watt for 441 GHS = (0.34kwh/441ghs)*0.15$/kwh*24*365/(550$/BTC) = 0.00183 btc/ghs in one year energy cost with 0.15 $ / kwh

0.68/441 = 0.00154 btc/ghs comes from order
0.00183 btc/ghs comes energy cost

PSU : lets say, 75$ to 150$ ----> lets take 75$/441/550$/BTC = 0.00031 btc/ghs

TOTAL COST IN ONE YEAR

0.00154 + 0.00183 + 0.00031 = 0.00368 BTC/ghs = 2.02 $ / ghs @ 550$/btc

and you cannot make ROI with, 0.00368 btc/ghs .. never..

Some advise for you, just try cloud mining services with has no fee policy. Just like http://pbmining.com with prices 0.0029 btc/ghs for five years..

hardware mining is useless at the moment.

LOL, dude. Your calcs are just plain wrong. You did not account for anything related to revenue. In reality miners are priced based on expected difficulty increase. Right now around 10-12% is the break even point for buying mining equipment. If we increase by less than 12 on average you see profit.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: cloverme on August 19, 2014, 08:45:23 PM

Yeah, lots of scam sites out there.... I think if you stick to the well known guys, you'll be fine. For me, until efficiency returns to mining hardware for bitcoin, I've switch over to scrypt in the short term. If BTC goes back into the 800 range, I'll probably switch back. For now I'm making 6x more in Scrypt with the same $ invested in mining equipment.

So... I just ordered 2-SP31's. Totalling 11TH/s. I am excited about this. I think that is enough power to start for now.

Topic: Latest miners? What are you using? What's good? What to stay away from? (Read 4685 times)