Topic: [lee group]1980$! the sales of first batch hosted antminer s7(psu included) - page 42. (Read 67946 times)

So do I buy the miner and you provide hosting or is it just a contract? ...if I am the owner will it be possible to ship the hardware to me if I don`t want hosting anymore (and what would be the cost of shipping)? Thanks for an answer.

The mining costs per day should include the costs of the PSU. Even being a cheap one it'll hopefully last three years, and be warrantied for one. I think he was just overstating the fact that PSUs were included. I fully doubted that we were buying to PSU too, as the miners WERE priced great. The miner cost per day is way over electric use, so everything else is factored in.

Buying from bitmain shipping is included in the cost, according to everything I've heard. So no accounting for that please. I can't check now as their shopping cart ends up having a 502 cloudflare error for passport.bitmain.com(If someone is DDOS'ng that, well done protest!). For maintenance, I rather have the pleasure of changing things myself, then being stressed out that a miner needs something done to it, especially if it's down. As for the sound of the fan at home and the heat during the summer, yes that's an annoyance, during late fall, winter, and early spring, the money making heating is the best heating to have.

I really don't want a $40 power supply, and 100% think it's a rental. With one of these S5 at home, if it comes down to attrition, I'll use a different premium power supply for each side--the lower ones are building up as they just don't die out. And have no need of that shipping cost, if it fact it was included.

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I have no clue about that fund thing. I never noticed a promise of profit of 1% per month before here. But apparently, 400 shares at 1btc each can be obtained and earn at least 1% profit. I guess it's to fund more miners?

I'm a little fuzzy on this - is this a separate investment fund that you set up, distinct from the mining operation?

And the question we are all aching to know, how close are we to a decrease in hosting costs? That is, how many more miners to sell?

My hope is that by selling the remaining units at $380, they would still quickly, and allow you to reduce the hosting costs.

Then you can sell new units at $420 (or even at a slight premium, because as you say they come with free PSU rental, no shipping costs, no maintenance, no in-home annoyance (for home miners) and even lower hosting costs.)

btw, please confirm that the PSU is a rental. If we own the PSUs (meaning we can have them shipped along with the miner), that changes things.

we donot get all 5MW ready, since no so much miner,  5MW is the largest electricity this data center can offer, we get it ready step by step, if we are half full of our current room, we will get next room ready

Scrypt-N chips from KNC Miner would seem energy efficient enough....I could put some of that excess capacity to work :-)

I'm sensing Bitmain has something else in mind and he's just making more price increases to suck up the last pennies from the market beforehand... (I feel S6 shouldn't be that far out. ;-)

1000S5 is 0.6MW.
Maintenance is 0.05$ kwh (including electricity and other fees), i.e. it's very cheap. That's why I'de written a strange so low active MW if they have 5MW in their DC

I might be willing to part with my 15 Antminer S5's at $380 each, bought in January and still have hosting till 20th of March.

Looking to sell all together at once and hoping Lee is willing to help as Escrow.

Let me know if someone is interested

I don't see any advantages to buy a miner 80$ higher then i did 2-3 day before, so I will pass. 380 I might but still ...

For now I can't even mine on my main pool. both primary and secondary are reporting as dead for 3 days for obscure reasons when i know other peoples here mine on the same server as I want.

Lee is out until tomorow ...

I always assumed that we were renting the power supplies, and cannot keep them once the hosting contract is over.

I like $380 better than $419, but either way I hope he can sell them and reduce hosting costs. At $380 that would probably happen a little faster.

nothing strange: your hosting costs pay for his miners electricity (maybe).

from the previous experience: if BTC price increase, but not much, they might still hold the price in $$; if BTC price increase more than 15-20%, they WILL increase price in $$; if BTC price decrease, they will give coupons; if BTC price decrease more than 15-20%, then they WILL decrease the $$ price.
take your pick.

He has almost 1000 S5 and maybe more Sx ?

Strange conclusions

Your data center is 5MW and you have only 500units (~0.3MW)
Strange Chinese business..

So you rather wait and wait for someone to buy them at the current price then to sell them out, then pass along a host fee savings?

I guess you don't want to wait the time for batch 5 to be delivered with nothing in hand to sell. I will further assume, that all remaining units are up and operating on your behalf, and we are all getting used units. And I never realized we were paying for the power supplies directly, I thought that was part of the hosting fee daily charge.

I'm hoping sales stall for bitmain and they adjust their prices accordingly. I wonder if that's possible.

Anyone else mining at Bitminter ?

I cannot connect to both pools ... i try the pool/ workername that i give to Lee at home and it's working ... but it's dead in Lee's network.

Any idea ?

I understand your point, since you won't be able to buy any new miner until Bitmain produce more of them.

We all wanted to buy more miner from you since the deal was really great at the moment. (at 340$)

You're the boss

when i got the money i canot do nothing, i canot got new miner from bitmain to increase the amount of the miner in our data center

I guess if you meet us at half price for the reminding unit (not the one you buy at 420$) you'll pretty much sell out today from all your previous buyer.

We are not asking you to sell at non-profit.

If i knew, i would have already take 2 units.