https://bitcoinwisdom.com/bitcoin/calculator
every day I get 0.18btc x 30 days = 5.4 btc to next difficulty,
but Difficulty goes up by 30% every month.
Today difficulty
4,250,217,919.87
http://blockr.io/
Next difficulty (estimate)
about 9 days
4,720,969,517.62
11.08% change to current
1244 blocks until difficulty changes
.......
Topic: Official BITMINE CoinCraft series 28nm ASIC miners thread - page 118. (Read 565240 times)
some news ? shipping dates or did somebody get the miner ?
hello i have miner 1000ghs and 50%. so I got two miners each 800ghs and power supply to 1000wat. I'm working through the CEX and mine every day 0:18 bitcoin. this macine is not profitability for bitcoin any more. electricity power cost 220 eur per month. once you get the miners you must mine all other coins.here is some pics
Thank you for your photos.
Can you tell me when you made the order?
I don't understand why they are not profitable?
From Bitcoinx:
Results for 3 month time frame:
Difficulty 4,250,217,920.00
Mining Factor 100 0.01 USD/24h@100MHash/s as in these charts
Average generation time for a block (solo) 132 days, 1 hour (can vary greatly depending on your luck)
Hardware break even 47 days
Net profit first time frame 4508.29 USD
Coins per 24h at these conditions 0.1893 BTC
Power cost per 24h 7.20 USD
Revenue per day 118.35 USD
Less power costs 111.15 USD
System efficiency 800.00 MH/s/W
Mining Factor 100 at the end of the time frame 0.01 USD/24h@100MHash/s
Average Mining Factor 100 0.01 USD/24h@100MHash/s
Power cost per time frame 657.45 USD
Revenue per time frame 10165.74 USD
Less power costs 9508.29 USD
some news ? shipping dates or did somebody get the miner ?
hello i have miner 1000ghs and 50%. so I got two miners each 800ghs and power supply to 1000wat. I'm working through the CEX and mine every day 0:18 bitcoin. this macine is not profitability for bitcoin any more. electricity power cost 220 eur per month. once you get the miners you must mine all other coins.Thank you for your photos.
Can you tell me when you made the order?
september 14 2013, i was #105 qu. I got it 03/11/2014
my ghs first cex ghs second and third is machine
http://i58.tinypic.com/33p32c6.jpg
some news ? shipping dates or did somebody get the miner ?
hello i have miner 1000ghs and 50%. so I got two miners each 800ghs and power supply to 1000wat. I'm working through the CEX and mine every day 0:18 bitcoin. this macine is not profitability for bitcoin any more. electricity power cost 220 eur per month. once you get the miners you must mine all other coins.here is some pics
Thank you for your photos.
Can you tell me when you made the order?
some news ? shipping dates or did somebody get the miner ?
hello i have miner 1000ghs and 50%. so I got two miners each 800ghs and power supply to 1000wat. I'm working through the CEX and mine every day 0:18 bitcoin. this macine is not profitability for bitcoin any more. electricity power cost 220 eur per month. once you get the miners you must mine all other coins.here is some pics
http://oi57.tinypic.com/2nqd5ar.jpg
http://oi57.tinypic.com/dpcvth.jpg
I'll go to visit Bitmine next Monday.
Did you visit them? Anything you can share with us? Thanks in advance.
some news ? shipping dates or did somebody get the miner ?
Petamine got ours, we are still waiting to hear about even more others get theirs before we get our refunds that we have already requested.
J
some news ? shipping dates or did somebody get the miner ?
Has been discussed, more then a month ago
(https://bitcointalksearch.org/topic/m.5108467
and https://bitcointalksearch.org/topic/m.5115284 )
It's 12 chips for rigs (per board), for better efficiency and stability.
(https://bitcointalksearch.org/topic/m.5108467
and https://bitcointalksearch.org/topic/m.5115284 )
It's 12 chips for rigs (per board), for better efficiency and stability.
Has been discussed, more than a month ago.
It's 12 chips, at lower speed, for greater efficiency (power) and stability.
It's 12 chips, at lower speed, for greater efficiency (power) and stability.
Thank you.
hopefully they leave the amount of boards per rig.
I was upgrading two rigs with respectively 6 boards per rig. In sum thats 8 boards per rig.
CoinCraft Rig status updates
Revision 3 of the prototype hashing units for the CoinCraft Rig is now hashing at the expected speed. Production to be started in very short times.
After two past major revision of the rig hashing unit, revision 3 was completely re-engineered in order to address the engineering challenged posed by the very high mining density and the 24V power distribution system. The newest prototype board, to be seen below, is now successfully working at the expected speed. We are speeding up the production as much as possible in order to reduce the delays and shoot a video of a fully populated CoinCraft Rig unit as soon as possible.
Revision 3 of the prototype hashing units for the CoinCraft Rig is now hashing at the expected speed. Production to be started in very short times.
After two past major revision of the rig hashing unit, revision 3 was completely re-engineered in order to address the engineering challenged posed by the very high mining density and the 24V power distribution system. The newest prototype board, to be seen below, is now successfully working at the expected speed. We are speeding up the production as much as possible in order to reduce the delays and shoot a video of a fully populated CoinCraft Rig unit as soon as possible.
am i missing something? There are 12 Chips on the Board. Spec says 25 GH/s in nominal mode. Thats roughly 300 GH/s per Board.
Have this been already discussed between all the FUD and trolling?
Still waiting for my miner, still pissed.
Meanwhile that clown is heavily annoying me, so I made myself a small Greasemonkey script to remove his (and potentially others) posts from the threads I'm reading. If someone is interested: http://pastebin.com/04ZGEsqN
Much better know. ;p
Meanwhile that clown is heavily annoying me, so I made myself a small Greasemonkey script to remove his (and potentially others) posts from the threads I'm reading. If someone is interested: http://pastebin.com/04ZGEsqN
Much better know. ;p
0. they started shipping equipment to PETA which ordered a lot later than most of us
From a legal point of view, this would only be of interest for us if we can prove that there was no pre-contract (even a verbal one). This may become very hard. However, if the case goes to court, it could be relevant for giving some colour to the case.
Quote
1. they then capped the CPP at 50%
This definitively is an issue which a lawyer should look at. This issue has been widely discussed (see here: http://zeitschrift.schulthess.com/szw/index.php?id=38). Now as a matter of facts, the homepage of Bitmine as I see it on archive.org stated in the terms of sales: "1.9 Bitmine may change these Terms without notice to you in relation to future sales." So this is bad news if we read the before quoted story.
Quote
If they would have shipped the equipment they owe us before they shipped to PETA, there would not have been any need for more
than 50% CPP and we would not have noticed the 50% cap
They can't have it both ways, moving a large customer in front of the queue and not compensating us
than 50% CPP and we would not have noticed the 50% cap
They can't have it both ways, moving a large customer in front of the queue and not compensating us
I agree that this is a point which can make one angry - me too. But still it may be practically irrelevant in front of a court.
Quote
Nothing to do with DD, but with really poor business ethics
Poor business ethics may be a bad argument at court, although I fully agree with you.
Quote
My order has not shipped because they lack power supplies. They could have shipped it 3 weeks ago but prefered to ship it to PETA (that is where all those parts went). And now they will only ship me 50% CPP while they should ship me 80% or more
In my honest opinion, it would make sense to get a calculation sheet (anybody who's better in math than me could probably help...).
At court, every single client would have to prove the losses. So, for example: If I can show that I would have made like 20 Bitcoin in the time from the expected order until delivery, but now only make 10 Bitcoin with additional hashing power, I could probably file a claim in the value of those 10 Bitcoins.
However, Swiss courts are known to be pretty much friendly regarding the companies and not the customers, and furthermore, it would be a hell of a lot of work to convince the court that this is not about the risk of Bitcoins but of mining Bitcoins.
So having said this, I believe that there are chances to file a lawsuit. There are some slight chances to win this lawsuit or to get an agreement outside of the court.
But we all need to be realistic: The chances are slim and we should calculate them based on (legal) facts and not on anger and trolling.
Now several people here have posted that they are in contact with lawyers. What I would like to read then is: What exactly do these lawyers say, also regarding the terms of sale as quoted above?
Most lawyers I know tend to tell that we should file a lawsuit - I'd like to hear what kind of a lawsuit? Civil? Criminal? And what would the lawyers charge if several persons group together. Or would it make more sense if every person files a separate lawsuit? This could make more sense, for every case may differ. If the court decides in a group-lawsuit that Bitmine is right, all cases would be lost at once. If everybody files a separate lawsuit, this may not be the case, i.e. every single client would have the possibility to go to the next higher court.
Additionally, the court may ask for a higher fee when there is a group (higher jurisdictional amount).
So I just try to keep the whole thing on a realistic level.
Me, personally, will make a decision once my rigs are delivered (which may be in many, many months). This decision will be based on several facts. If the difficulty is by then so high that I basically can't make any money out of it, I most probably will file a civil claim against the company and - if I can find more evidence - against some of the representatives of the company.
Base of this lawsuit will be figures I already have and figures I will have in the future. These figures will then be compared to calculate a possible claim.
So yes, maybe we should leave this forum for trolling and open a legal thread regarding Bitmine :-)
3 news updates @ http://bitmine.ch/?page_id=25 
If I would like to buy a car, I'd do my due diligence. This includes to get information about the company which sells the car or which intends to sell the car. Furthermore, I'd get some information about the market. And frankly: For the money I spent for the Bitmine-Rigs is as much as I would have to pay for a car. So I DID do my DD. And I _did know_ that there is a risk that Bitmine may be late in delivery. That does not come as a surprise.
Yes but what came as a surprise is that
0. they started shipping equipment to PETA which ordered a lot later than most of us
1. they then capped the CPP at 50%
If they would have shipped the equipment they owe us before they shipped to PETA, there would not have been any need for more
than 50% CPP and we would not have noticed the 50% cap
They can't have it both ways, moving a large customer in front of the queue and not compensating us
Nothing to do with DD, but with really poor business ethics
My order has not shipped because they lack power supplies. They could have shipped it 3 weeks ago but prefered to ship it to PETA (that is where all those parts went). And now they will only ship me 50% CPP while they should ship me 80% or more
+1 - Exactely... so Giorgio don`t need to wonder when people will fight hard for their right without looking at him personally & his company. Talked with some lawyer and he said 1 minute later one simple word: FRAUD
If I would like to buy a car, I'd do my due diligence. This includes to get information about the company which sells the car or which intends to sell the car. Furthermore, I'd get some information about the market. And frankly: For the money I spent for the Bitmine-Rigs is as much as I would have to pay for a car. So I DID do my DD. And I _did know_ that there is a risk that Bitmine may be late in delivery. That does not come as a surprise.
Yes but what came as a surprise is that
0. they started shipping equipment to PETA which ordered a lot later than most of us
1. they then capped the CPP at 50%
If they would have shipped the equipment they owe us before they shipped to PETA, there would not have been any need for more
than 50% CPP and we would not have noticed the 50% cap
They can't have it both ways, moving a large customer in front of the queue and not compensating us
Nothing to do with DD, but with really poor business ethics
My order has not shipped because they lack power supplies. They could have shipped it 3 weeks ago but prefered to ship it to PETA (that is where all those parts went). And now they will only ship me 50% CPP while they should ship me 80% or more
..., but let's hope Bitmine delivers at least a better product than, say, the Bitmain Antminer S2 
Do you really think?
Can`t imagine as the whole running board design isn`t their own - look: https://bitcointalksearch.org/topic/m.5662415
All was a big fraud & scam finally when look in the past... alone the ilegal change of TOS, limited 50% CCP what was never written anywhere, wrong numbers, wrong dates, wrong statement of IP ownership, funding IP what is actually not theirs, ... I could find again 100 things to follow this list. Definately there will be a lot of old clients what will sue them to hell - then you will never ever get a hardware.
It would be interesting if Bitmine could give some figures to back up their statement about catching up with the queue.
The announcement / news was long overdue, but let's hope Bitmine delivers at least a better product than, say, the Bitmain Antminer S2
The announcement / news was long overdue, but let's hope Bitmine delivers at least a better product than, say, the Bitmain Antminer S2
CoinCraft-based units temporarly sold out, new products coming soon
facepalm
Guys be prepared for upgrades to pay and no miner till 2015 - fraud getting bigger
Just saw that twice here at bitmine... still no miner in hand.
110nm Avalon -> 55nm Bitfury
55nm Bitfury -> 28nm Innonsilicon A1
28nm Innonsilicon A1 -> 0,88nm Bitmine-Scam-Chip
@noobs - In general you should buy at trustable company like BITMAIN. There you will get real miners what produce BTC for you & not Giorgio. Bitmine was even not able to produce boards by their own... simply they are never getting a own device incl. chip without help from 3rd party who is real the owner of the chip than. Bitmain 1TH (desk) miner for half of the price of Giorgio-Scam - even with 30% less power:
https://www.bitmaintech.com/productDetail.htm?pid=000201403150259438234hgMrx380699
They will simply overflood the market with cheap hardware (on stock) & your hard-earned money is just a double-priced piece of shit sucking 30% more power.
Awesome for being ripped-off by Giorgio with his Ferrari who delievered Petahash our miners on a project we funded.
@Giorgio you asshole will be upgraded into jail for that... people can even fight their BTC loss!
facepalm
Guys be prepared for upgrades to pay and no miner till 2015 - fraud getting bigger
Just saw that twice here at bitmine... still no miner in hand.
110nm Avalon -> 55nm Bitfury
55nm Bitfury -> 28nm Innonsilicon A1
28nm Innonsilicon A1 -> 0,88nm Bitmine-Scam-Chip
@noobs - In general you should buy at trustable company like BITMAIN. There you will get real miners what produce BTC for you & not Giorgio. Bitmine was even not able to produce boards by their own... simply they are never getting a own device incl. chip without help from 3rd party who is real the owner of the chip than. Bitmain 1TH (desk) miner for half of the price of Giorgio-Scam - even with 30% less power:
https://www.bitmaintech.com/productDetail.htm?pid=000201403150259438234hgMrx380699
They will simply overflood the market with cheap hardware (on stock) & your hard-earned money is just a double-priced piece of shit sucking 30% more power.
Awesome for being ripped-off by Giorgio with his Ferrari who delievered Petahash our miners on a project we funded.
@Giorgio you asshole will be upgraded into jail for that... people can even fight their BTC loss!
next great post... not...
good job sockpuppet...
Well, why don't you tell people then what you really do in Bern? That you originally come from Germany and work now for Finma, the Financial Market Authority? Why don't you tell people that you are trying to identify Swiss Bitcoin users by setting up a blog and posting some textes in this forum? Why don't you tell people who read your posts that, at the end of the day, you will deliver them to courts if legislation in Switzerland changes - and it will change. Why don't you tell people in here that you are attending Bitcoin-meetings and make your notes which you deliver to your employer?
Why do you play "Winkelried" in this forum, while you sell out people to authorities?
C'mon, tell me...
1. wow you know 0 about me
2. stop using heroine
3. you need profesionell help
give us some evidence sockpuppet... tell us my name or something
Your response is typical for government employees who got caught with their hands in the cookie jar. So tell us why you moved to Bern. Tell us where you work. Give us evidence. Even if I were a sockpuppet, I'd prefer to be one instead of a rat working for the government like you do.
ok ok you got me, i work for the cia and i search aliens like you, i need your adresse sherlock holmes. you are the best troll that i ever met. thanks...
you eat your lunch at "gassechuchi"? i think i know who you are lol...
You show the normal escape strategy for a rat that got caught. You are definitively not working for the CIA, but for Finma in Bern. By trying to make it look ridiculous, you also try to evade the uncomfortable answers you owe us. Next time you attend a Bitcoin-meetup, you better don't talk with your buddies from the office on your way home on your mobile phone in the train while others can listen...
I'd call it a big fail....
i owe you nothing child, fuck off
and i call you a really sick person who need help... 0 evidence... only accusation... you only talk sensless shit, go drink more alcohol and type more nonsense... you hear voices in your head when you use the train.. ok nice, but if you make accusations then please give us some evidence... you are very funny, really i like your sickness, makes me laugh after all that shit with bitmine...
thank you so much but now i have no time to talk with people who only accuste without give us some evidence...
please get some profesionall help, you really need it...
"What I, frankly, do not want to see is that the company goes bankrupt before I got my miner." you will see this very soon, your cheap accusation are not enough, nice try troll...
tbh, "Inzli" makes a hell of a lot more sense than you do......whatever it is you guys do or don't actually do.
I guess you get paid per word you post? that is why you spend so much time on here on something that simply doesn't matter.
imho
J
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