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: 845

Merit: 609

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.

cloverme

legendary

Activity: 1512

Merit: 1057

SpacePirate.io

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.

promojo

sr. member

Activity: 420

Merit: 250

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.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: Bitsaurus on August 14, 2014, 04:29:05 PM

Quote from: bitgeek on August 14, 2014, 04:24:29 PM

Quote from: promojo on August 14, 2014, 02:39:12 PM

Cloud mining seems like a joke to me.... One guy said he is getting .01BTC per day from a S3 Antminer. But another is making .028-.031 BTC a day doing it on their own.... Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

Testerman is a paid shill for PBMining. I called him out on it. Look at his post history - 50% of his posts in the last 3 months are about PBMining in both English and Turkish and he spammed this same post 7 times in multiple threads recently.

Thanks for the heads up Bitsaurus!

promojo

sr. member

Activity: 420

Merit: 250

Quote from: bitgeek on August 14, 2014, 04:24:29 PM

Quote from: promojo on August 14, 2014, 02:39:12 PM

Cloud mining seems like a joke to me.... One guy said he is getting .01BTC per day from a S3 Antminer. But another is making .028-.031 BTC a day doing it on their own.... Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

Thanks - I was using an old calculator too... Forgot my favourite site to check volume and price had their own calc. DOH

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: MAD Miner on August 17, 2014, 04:16:34 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.

Thanks!

Yea, I had already checked the links given earlier in the thread. Just wondered if those folks had just come on the scene or something. As compared to the Sp30, their Aristocat is listed at about $.50 more per GH, but it has a claimed W/GH about .04 lower. And they claim to be shipping within 5 days of order. 4.4 TH/s this week might be worth the extra cost to some? All of this is based on their claims, and my math though, and I wouldn't bet any money on either

Obviously if they are not a real company it's all BS anyway.

Thanks for the reply!

I'd put far more faith in your math than in some vendor pretty much nobody's ever heard of claiming to have a 4.4TH/s miner shipping today

MAD Miner

newbie

Activity: 3

Merit: 0

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.

Thanks!

Yea, I had already checked the links given earlier in the thread. Just wondered if those folks had just come on the scene or something. As compared to the Sp30, their Aristocat is listed at about $.50 more per GH, but it has a claimed W/GH about .04 lower. And they claim to be shipping within 5 days of order. 4.4 TH/s this week might be worth the extra cost to some? All of this is based on their claims, and my math though, and I wouldn't bet any money on either

Obviously if they are not a real company it's all BS anyway.

Thanks for the reply!

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

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.

MAD Miner

newbie

Activity: 3

Merit: 0

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

Bitsaurus

hero member

Activity: 873

Merit: 1007

Quote from: bitgeek on August 14, 2014, 04:24:29 PM

Quote from: promojo on August 14, 2014, 02:39:12 PM

Cloud mining seems like a joke to me.... One guy said he is getting .01BTC per day from a S3 Antminer. But another is making .028-.031 BTC a day doing it on their own.... Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

Testerman is a paid shill for PBMining. I called him out on it. Look at his post history - 50% of his posts in the last 3 months are about PBMining in both English and Turkish and he spammed this same post 7 times in multiple threads recently.

bitgeek

sr. member

Activity: 462

Merit: 251

Quote from: promojo on August 14, 2014, 02:39:12 PM

Cloud mining seems like a joke to me.... One guy said he is getting .01BTC per day from a S3 Antminer. But another is making .028-.031 BTC a day doing it on their own.... Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: bitgeek on August 14, 2014, 01:33:26 PM

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.

Found an interesting thing about this guy in another thread. Maybe you should take a look at this before you follow his advice.

Where exactly in Canada is PB mining? Who is in charge? Do they have a brick and mortar business?
I may change my mind about PB after you've answered this because right now I'm not into giving my money to strangers.

Cloud mining seems like a joke to me.... One guy said he is getting .01BTC per day from a S3 Antminer. But another is making .028-.031 BTC a day doing it on their own.... Do the math there....

bitgeek

sr. member

Activity: 462

Merit: 251

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.

Found an interesting thing about this guy in another thread. Maybe you should take a look at this before you follow his advice.

Where exactly in Canada is PB mining? Who is in charge? Do they have a brick and mortar business?
I may change my mind about PB after you've answered this because right now I'm not into giving my money to strangers.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

If you're a home miner, don't buy anything until mid to late Fall or early Winter. That way the electrical and cooling costs that's eating away at any chance at ROI during the warm months will be replaced with heating from the miners.

So, not only does it heat up your house during the cold months you get BTC's out of it! Cool

testerman

hero member

Activity: 840

Merit: 1000

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.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: ?? on ??

Quote from: promojo on August 12, 2014, 03:13:40 PM

Looking at getting some heavy duty ASICs. GAWMiners looks pretty decent. Anybody have any recommendations and what hash rates they are getting and how much they have invested so far? Looking to put in anywhere from $5,000 to $12,000. Obviously with difficulty and what not this is not expected to be a get rich quick scheme. I am well aware of that.

Thanks in advance,

promoJo

I was looking at mining hardware offers and decided to give GAW a try. No problems so far.

What did you end up purchasing and what sort of yield in BTC are you getting per day given current difficulty? Also how did you find the setup/support?

Thanks

promojo

sr. member

Activity: 420

Merit: 250

Quote from: GrandMasterB on August 12, 2014, 07:15:53 PM

If you are in southern California I just bought my 2nd S3 from www.coiningsolutions.com. I didn't interact on the website but met the vendor in person. You can contact him through this forum if you are good for immediate delivery. Needless to say gas charges could apply if you're asking for a hand delivery.

My review of the company is here. I just updated my second transaction.

https://bitcointalk.org/index.php?topic=728773.new#new

Will he deliver to Canada? I should ask.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: cloverme on August 12, 2014, 03:42:16 PM

I'd stay away from GAW at the moment, they are having shipping issues, shilling in these forums, deleting posts on threads they mod, and just not focused on what they are doing. The owner is on a marketing blitz and not really running his biz. They hired a bunch of people and recently merged with another company... they'll probably iron out the problems in the next few months, but until then, fairly warned be thee says I.

See these threads:
https://bitcointalksearch.org/topic/m.8304740
https://bitcointalksearch.org/topic/m.830468

Thanks for the heads up! Who else would you recommend in Canada/United States/NA?

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

You chose great, never had a single problem with GAW and have been dealing with them for almost 3 months.
Here's a great review of their hosting services by a reputable forum member:
https://bitcointalk.org/index.php?topic=698679.0;all

Don't forget to visit GAW community forum at http://hashtalk.org for more info.

herebittybittybitty

full member

Activity: 154

Merit: 100

I wouldn't buy anything right now.

GrandMasterB

newbie

Activity: 28

Merit: 0

If you are in southern California I just bought my 2nd S3 from www.coiningsolutions.com. I didn't interact on the website but met the vendor in person. You can contact him through this forum if you are good for immediate delivery. Needless to say gas charges could apply if you're asking for a hand delivery.

My review of the company is here. I just updated my second transaction.

https://bitcointalk.org/index.php?topic=728773.new#new

cloverme

legendary

Activity: 1512

Merit: 1057

SpacePirate.io

I'd stay away from GAW at the moment, they are having shipping issues, shilling in these forums, deleting posts on threads they mod, and just not focused on what they are doing. The owner is on a marketing blitz and not really running his biz. They hired a bunch of people and recently merged with another company... they'll probably iron out the problems in the next few months, but until then, fairly warned be thee says I.

See these threads:
https://bitcointalksearch.org/topic/m.8304740
https://bitcointalksearch.org/topic/m.830468

promojo

sr. member

Activity: 420

Merit: 250

Looking at getting some heavy duty ASICs. GAWMiners looks pretty decent. Anybody have any recommendations and what hash rates they are getting and how much they have invested so far? Looking to put in anywhere from $5,000 to $12,000. Obviously with difficulty and what not this is not expected to be a get rich quick scheme. I am well aware of that.

Thanks in advance,

promoJo

Topic: Latest miners? What are you using? What's good? What to stay away from? (Read 4691 times)