Author

Topic: Pooling for 28 nm chips (Read 409 times)

member
Activity: 67
Merit: 10
September 08, 2013, 02:17:39 PM
#3
Yes, that's what I mean. I'd like to invest too, but can only afford a small fraction of the order price.
b!z
legendary
Activity: 1582
Merit: 1010
September 08, 2013, 03:38:40 AM
#2
Hello everyone,

Seems very likely that 28 nm ASICs will open up a new mining age. But prices are quite high: to get the most bang for your buck, you need to get a 50-pack of GoldStrike 500 GH/s chips from Cointerra for $139,750 total, at $2795 per chip. Good for the price, but out of any individual's price range. And I'm sure there is only a short window of opportunity where those are profitable, before the network hashrate hits the stratosphere.

To the point: I was wondering if anyone may be interested in setting up a pool (e.g. using Payitsquare) to purchase a 50-pack of these. Up to 50 people could participate in increments amounting to a single chip, and upon receipt they could be shipped out to the individual contributors by overnight mail. Personally, I could afford 1, maybe 2 chips total, and I'm sure others are in the same boat. If many show interest, we could make a tentative list to see if this idea is worth pursuing. Any thoughts on this?

Do you mean a group buy? Yes i think these will come up, since not many can afford big $ for mining.
member
Activity: 67
Merit: 10
September 07, 2013, 11:20:36 PM
#1
Hello everyone,

Seems very likely that 28 nm ASICs will open up a new mining age. But prices are quite high: to get the most bang for your buck, you need to get a 50-pack of GoldStrike 500 GH/s chips from Cointerra for $139,750 total, at $2795 per chip. Good for the price, but out of any individual's price range. And I'm sure there is only a short window of opportunity where those are profitable, before the network hashrate hits the stratosphere.

To the point: I was wondering if anyone may be interested in setting up a pool (e.g. using Payitsquare) to purchase a 50-pack of these. Up to 50 people could participate in increments amounting to a single chip, and upon receipt they could be shipped out to the individual contributors by overnight mail. Personally, I could afford 1, maybe 2 chips total, and I'm sure others are in the same boat. If many show interest, we could make a tentative list to see if this idea is worth pursuing. Any thoughts on this?
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