Topic: Off-Topic - page 92. (Read 384416 times)
The picture means nothing , look at the specs to all these "avalon chips" on those sites and you will see that they are usually a completely different IC.. with same part#'s
The picture seems to show an Avalon chip.
it does...
on to the real topic--
it is rather interesting that we are doing homework for Terrahash cept we seem to just get the middle finger in return
lmao
The picture seems to show an Avalon chip.
Looks like you can buy Avalon asic's here for $6.00 to $7.00 each.
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html
aint a bad price... cept once you get that off to terrahash, he cannot even get it to hash correctly...
so... the wait will still be about 2months (IMHO)
My lord, I'm just now approaching a return on my 2400kh I bought 3-4 months ago. No way I can purchase another rig let alone one that massive. The more you spend upfront, the better with mining it seems.
3-4 months is a great ROI. There aren't many businesses that you can make back your investment in 3-4 months. There are many other factors that go into that, most important is power, and I'm fortunate to be very close to some of the cheapest power in the US. There are cheaper places, but that is the difference in becoming a large operation that can turn a profit in the short term.
Plus, if it goes bust earlier than expected, I can make back at least 30% of the equipment cost, unlike ASICs. That said, to become a large scale GPU farm, you need massive amounts of cheap power, and the ability to cool it. If only I started this 3 years ago...
problem is terrahash is looking like they are 2 months-ish away (IMHO) from even getting the development aspect of things squared away.
Lets just hope the rest of the asic manufacturers also fail to deliver on time so that the impact of the delays are muted... starting up then with 30%~45% increase in difficulties will double your ROI estimates.
Looks like you can buy Avalon asic's here for $6.00 to $7.00 each.
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html
aint a bad price... cept once you get that off to terrahash, he cannot even get it to hash correctly...
so... the wait will still be about 2months (IMHO)
My lord, I'm just now approaching a return on my 2400kh I bought 3-4 months ago. No way I can purchase another rig let alone one that massive. The more you spend upfront, the better with mining it seems.
3-4 months is a great ROI. There aren't many businesses that you can make back your investment in 3-4 months. There are many other factors that go into that, most important is power, and I'm fortunate to be very close to some of the cheapest power in the US. There are cheaper places, but that is the difference in becoming a large operation that can turn a profit in the short term.
Plus, if it goes bust earlier than expected, I can make back at least 30% of the equipment cost, unlike ASICs. That said, to become a large scale GPU farm, you need massive amounts of cheap power, and the ability to cool it. If only I started this 3 years ago...
problem is terrahash is looking like they are 2 months-ish away (IMHO) from even getting the development aspect of things squared away.
Lets just hope the rest of the asic manufacturers also fail to deliver on time so that the impact of the delays are muted... starting up then with 30%~45% increase in difficulties will double your ROI estimates.
Except minimum order is 10 pieces and they only have 9 in stock, and they supply them by the ton. It's just a typical Alibaba phishing expedition.
My lord, I'm just now approaching a return on my 2400kh I bought 3-4 months ago. No way I can purchase another rig let alone one that massive. The more you spend upfront, the better with mining it seems.
3-4 months is a great ROI. There aren't many businesses that you can make back your investment in 3-4 months. There are many other factors that go into that, most important is power, and I'm fortunate to be very close to some of the cheapest power in the US. There are cheaper places, but that is the difference in becoming a large operation that can turn a profit in the short term.
Plus, if it goes bust earlier than expected, I can make back at least 30% of the equipment cost, unlike ASICs. That said, to become a large scale GPU farm, you need massive amounts of cheap power, and the ability to cool it. If only I started this 3 years ago...
Looks like you can buy Avalon asic's here for $6.00 to $7.00 each.
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html
My lord, I'm just now approaching a return on my 2400kh I bought 3-4 months ago. No way I can purchase another rig let alone one that massive. The more you spend upfront, the better with mining it seems.
3-4 months is a great ROI. There aren't many businesses that you can make back your investment in 3-4 months. There are many other factors that go into that, most important is power, and I'm fortunate to be very close to some of the cheapest power in the US. There are cheaper places, but that is the difference in becoming a large operation that can turn a profit in the short term.
Plus, if it goes bust earlier than expected, I can make back at least 30% of the equipment cost, unlike ASICs. That said, to become a large scale GPU farm, you need massive amounts of cheap power, and the ability to cool it. If only I started this 3 years ago...
Bitmine.ch is "able to source from third parties a lot of Avalon ICs that is big enough to assemble all of our Batch #1 units."
https://bitcointalk.org/index.php?topic=215431.340
I wish Terrahash could do the same.
https://bitcointalk.org/index.php?topic=215431.340
I wish Terrahash could do the same.
I also wish Terrahash was able to get funded by a "Hong-Kong Based Investment Fund" for 500,000 - 1,000,000 USD.
I'm sure if they were able to get such funding they would be able to "Source from third parties a lot of Avalon ICs".
Know any good investment funds?
Why would they want to use a investment fund when they can get pre-orders?
Think about it from their side they get cash and give up zero percent of company. If it the company succeeds they still own 100 percent of it and owe no loans.
If it fails they pack up accept their salary they have been getting over the past months and move on. I would love to know what their salary is they are paying them self's. Think about they didn't design, build, or buy many things yet. There is no way they are putting in 40 hour weeks. But i am willing to bet they get a nice salary.
I think you missed the point,
But I'm kind and will spell it out for you.
Bitoy wanted Terrahash to follow in the footsteps of someone who received up to a million dollars to play around with AND took pre-orders.
more apples to oranges.
Also most owners of start ups don't even pay themselves until they see a steady cash flow. Seems you are just speculating again just to fuel the fire.
Let me rephrase.
Terrahash was willing to pay a premium to get more chips but it also didn't arrive. But lucky Bitmine was able to source it. (Maybe most chips landed in china. premium is around 30% (not 3 times ) but can't verify it ).
You got that right Atomic.....amazing how fast the BTC earnings have dropped per G/hash,,,,,scary,,I think I may just stick to gpu alt coins for a while and have just enough asic miners (erupters or a blade) to cover utility cost on gpu mining. 
For a while anyways....
For a while anyways.... I questioned my strategy early on, but it's paid off nicely for the last four months. We're about to see a lot more people back into it though, especially with the cards dropping in price soon. Forget about it if Litecoin actually shoots up at all. As long as it stays above $2, and difficulty under 1300, I will still be turning a decent profit, even when factoring in my lease, power and other monthly costs. I'm ramping up to over 100,000 kh/s in the next month or two. If these other crap coins keep on helping, that's even better. I just mine and sell those, but I'll keep a few thousand of LTC in my "just in case" pile.
You got that right Atomic.....amazing how fast the BTC earnings have dropped per G/hash,,,,,scary,,I think I may just stick to gpu alt coins for a while and have just enough asic miners (erupters or a blade) to cover utility cost on gpu mining. For a while anyways....
For a while anyways.... I questioned my strategy early on, but it's paid off nicely for the last four months. We're about to see a lot more people back into it though, especially with the cards dropping in price soon. Forget about it if Litecoin actually shoots up at all. As long as it stays above $2, and difficulty under 1300, I will still be turning a decent profit, even when factoring in my lease, power and other monthly costs. I'm ramping up to over 100,000 kh/s in the next month or two. If these other crap coins keep on helping, that's even better. I just mine and sell those, but I'll keep a few thousand of LTC in my "just in case" pile.
Im getting ready to add 3000 kh by end of sept. (cooler weather) Of course I will never catch up with you lol....mining CGB at the moment,,,trade on cryptsy> BTC ...check it out ? and the dev website, pretty cool and interesting.. let me know what you think? catch ya in the chat channel maybe.... 
Quote
AVALON Scam Accusation thread
https://bitcointalksearch.org/topic/avalon-scam-accusation-thread-258829
You got that right Atomic.....amazing how fast the BTC earnings have dropped per G/hash,,,,,scary,,I think I may just stick to gpu alt coins for a while and have just enough asic miners (erupters or a blade) to cover utility cost on gpu mining. For a while anyways....
For a while anyways.... I questioned my strategy early on, but it's paid off nicely for the last four months. We're about to see a lot more people back into it though, especially with the cards dropping in price soon. Forget about it if Litecoin actually shoots up at all. As long as it stays above $2, and difficulty under 1300, I will still be turning a decent profit, even when factoring in my lease, power and other monthly costs. I'm ramping up to over 100,000 kh/s in the next month or two. If these other crap coins keep on helping, that's even better. I just mine and sell those, but I'll keep a few thousand of LTC in my "just in case" pile.
... Boycott future Avalon products.
... Report Avalon / Bitsyncom to the FTC.
And do what you need to do to protect your own interests. Remember make sure to put a hurt on Avalon and Yifu for the lack of communication and his failure to live up to his NO BS terms and conditions of which NO REFUNDS is certainly against FTC rules. If you can hold out and help out the DIY builders that be great but one has to really put the pressure on Yifu and where possible support the DIY people. They will be able to move on to the next chip if they can scrape through... but again it is a personal call on that.
... Report Avalon / Bitsyncom to the FTC.
And do what you need to do to protect your own interests. Remember make sure to put a hurt on Avalon and Yifu for the lack of communication and his failure to live up to his NO BS terms and conditions of which NO REFUNDS is certainly against FTC rules. If you can hold out and help out the DIY builders that be great but one has to really put the pressure on Yifu and where possible support the DIY people. They will be able to move on to the next chip if they can scrape through... but again it is a personal call on that.
AVALON Scam Accusation thread
https://bitcointalksearch.org/topic/avalon-scam-accusation-thread-258829
Who in their right mind is still banking on these Klondike boards? Its over. Done. Time to move on to the next opportunity.
The joy of the Cryptoworld, where a week is a year in real life...
For a while anyways.... Who in their right mind is still banking on these Klondike boards? Its over. Done. Time to move on to the next opportunity.
The joy of the Cryptoworld, where a week is a year in real life...
Who in their right mind is still banking on these Klondike boards? Its over. Done. Time to move on to the next opportunity.
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