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Topic: [REFUND PROCESSING COMPLETED] K1 Nanos - Big Picture Mining Cooperative - page 11. (Read 30757 times)

full member
Activity: 228
Merit: 100
This is not good for my Chi... Yifu
What are the specs compared to the ASICMiner USBees?

It will be hard to compete with them if FriedCat slashes prices again unless the specs & overclocking can really shine



Hi there,
I dont know if FriedCat can really afford to slash his prices much more as it appears he is now supplying resellers who have to make their margin.

Here is a cut and paste from a previous thread reporting results from Overclocking tests:

341 Mhz 1.2V 57.5W - passed long term tests with 0.2% hw-errors.
409 Mhz 1.2V 68.04W - hw-errors increase to 3%
448 Mhz 1.2V 74.4W - not stable
448 Mhz 1.25V 81.6W - unstable 50% hw-errors
448 Mhz 1.28V 84.016W - unstable 50% hw-errors

a little bit more tweaking needed,
but seems quite promising,
we will all know for sure very soon.

cheers,
Kev
sr. member
Activity: 462
Merit: 250
What are the specs compared to the ASICMiner USBees?

It will be hard to compete with them if FriedCat slashes prices again unless the specs & overclocking can really shine

hero member
Activity: 630
Merit: 501
Miner Setup And Reviews. WASP Rep.
Hey guys another member of the BPMC here. Just wanted to let you guys know that I will be helping to organise a group buy for the Australia and New Zealand region of the world. Prices will be announced soon so stay tuned.
hero member
Activity: 924
Merit: 1000

This is a fair comment as I hadn't given it much thought that chips are included (I'm in on another DIY deal).  Still, I would be hesitant to get in on anything with a longer than 2~3mth ROI at the moment..until the difficulty settles down a bit anyway.  I'll still chk back here though, if the BTC price comes back then obviously that will help ROI enormously. Thx for your reply btw

If you are looking at K1 boards we are also looking for people to get in on a group buy of boards of course the costs for that will be determined by the number of boards  as the fabrication of smaller lots means much higher prices. Check the post here for more info. https://bitcointalksearch.org/topic/k1-nano-boards-only-group-buy-big-picture-mining-cooperative-252113


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Quote
Quote from: BkkCoins on Today at 18:35:25
Just started running with 4 chips. 17 WU/m, 1.2 GH/s.

Sweet.
full member
Activity: 123
Merit: 100
Depending on price I'll definitely be interested - Might even stretch to a bulk buy for distribution in the UK.
hero member
Activity: 924
Merit: 1000
We are going to have prices up by the end of the week. Some of the members now working on the website, payment gateway and whatnot. In terms of larger group orders as I said before we welcome them and can provide better pricing for orders over 1000+ units. Note that our production run starts in late July or early August, depending on chips from Avalon, to the end of September and we are still trying to determine final numbers of units but we hope to provide individual K1 Nanos as well as larger numbers for anyone. Our production site is in Batam, Indonesia so shipping to Malaysia is quite easy. If you are in JB you could even hop the causeway and then take a ferry to Batam from Singapore.

Looks like BKKCoins is steadily adding chips to the K16 test board and he is itching to get a revised board done soon for both the K16 and K1 Nanos given his latest posts. Exciting times keen on seeing how the K1s can overclock myself trying to track down some really stable USB hubs right now.
full member
Activity: 147
Merit: 100
I'll be interested in 20-30 of them.

I'll be interested in large group buys as well. (Malaysia)
hero member
Activity: 924
Merit: 1000
newbie
Activity: 24
Merit: 0
Interested in 10 of them!
And perhaps more to resell them of maybe I'm going to setup a group buy here at Surabaya Smiley

Just contact me in Indonesia. I can help you with large group buys?

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Hanya hubungi saya di Indonesia. Saya dapat membantu anda dengan kelompok besar membeli?

Done. Email sent Smiley
hero member
Activity: 924
Merit: 1000
Interested in 10 of them!
And perhaps more to resell them of maybe I'm going to setup a group buy here at Surabaya Smiley

Just contact me in Indonesia. I can help you with large group buys if you want?

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Hanya hubungi saya di Indonesia. Saya dapat membantu anda dengan kelompok besar jika anda ingin membeli?
newbie
Activity: 24
Merit: 0
Interested in 10 of them!
And perhaps more to resell them or maybe I'm going to setup a group buy here at Surabaya Smiley
hero member
Activity: 924
Merit: 1000
We are also going to organize a group buy of K1 boards sans chips for people who might be interested in just bumping their K1s and DIY reflow or take it to someone for reflow. We are looking for input on pricing for that in this thread: https://bitcointalksearch.org/topic/k1-nano-boards-only-group-buy-big-picture-mining-cooperative-252113
hero member
Activity: 854
Merit: 500
I be interested in 30 of them in the $33 price range ($1,000) but only if I can pay via Paypal or postal money order.
same interest in price and payment

Ditto
legendary
Activity: 1062
Merit: 1003
Interested as well, but will depend heavily on chip delivery time from Avalon of course.  Given difficulty increases I wouldn't be interested at much more than $30, especially with this BTC price slump.

We are looking at 11000 units shipping over a 30 to 45 day window from August to end of September. Pricing as I said above will not be in the $30 dollar range as that means we will probably keep the chips, make K1s, dunk them mineral oil overclock each one and bank as much BTC as we can before they become redundant or keep them on our cooperative mining farms should they be cost effective. As you we are concerned with the other products coming to market so we might have adjust prices over the lifetime of the sale given the spread out nature of delivery.

We are also looking at securing more chips continually from others who are trying to profit on resales to boost production numbers but only if it makes sense in terms of ROI. Again as cooperative our members are going to be here to handle, burn in, bag and ship the K1s even though all of us have full-time jobs so given the expenditure of time and effort prices have to warrant that effort. We believe we can find a price point that is not too high that can satisfy the objectives we have. Get royalities in BKKCoins hands and reward our efforts as a cooperative so that we can build off these sales into a 2nd generation chip like the Bitfury.

This is a fair comment as I hadn't given it much thought that chips are included (I'm in on another DIY deal).  Still, I would be hesitant to get in on anything with a longer than 2~3mth ROI at the moment..until the difficulty settles down a bit anyway.  I'll still chk back here though, if the BTC price comes back then obviously that will help ROI enormously. Thx for your reply btw
hero member
Activity: 924
Merit: 1000
Note we can work with a larger group buy and better price per unit for volume sales say over 1000 Units. Get together and buy in bulk in fact we prefer that sort of mass sales as it makes our job a bit easier and we even can provide direct shipments to your group members so you do not have to have one person hold 1000 K1s and redistribute although that shipping will cost more in the longer run. We are also trying to avoid the Ebay like auction nature of these sorts of units so those who are willing to craft an agreement with us we are more than happy to work with other cooperatives especially.

Make us an offer we can't refuse.
hero member
Activity: 924
Merit: 1000
Interested as well, but will depend heavily on chip delivery time from Avalon of course.  Given difficulty increases I wouldn't be interested at much more than $30, especially with this BTC price slump.

We are looking at thousands of units shipping over a 30 to 45 day window from August to end of September. Pricing as I said above will not be in the $30 dollar range as that means we will probably keep the chips, make K1s, dunk them mineral oil overclock each one and bank as much BTC as we can before they become redundant or keep them on our cooperative mining farms should they be cost effective. As you we are concerned with the other products coming to market so we might have adjust prices over the lifetime of the sale given the spread out nature of delivery.

We are also looking at securing more chips continually from others who are trying to profit on resales to boost production numbers but only if it makes sense in terms of ROI. Again as cooperative our members are going to be here to handle, burn in, bag and ship the K1s even though all of us have full-time jobs so given the expenditure of time and effort prices have to warrant that effort. We believe we can find a price point that is not too high that can satisfy the objectives we have. Get royalities in BKKCoins hands and reward our efforts as a cooperative so that we can build off these sales into a 2nd generation chip like the Bitfury.
hero member
Activity: 924
Merit: 1000
I be interested in 30 of them in the $33 price range ($1,000) but only if I can pay via Paypal or postal money order.

My limited BTC is slated for some more chips and the BTC market really isn't stable now.




Again we will have pricing posted up on the site. In term of price we will be looking at the various other offerings and compare that to the K1. Given the potential of overclocking, also the fact we are selling K1s populated with chips not your chips the prices won't be comparable to the DIY builders like Marto at 22 Euros per K1. If we go that low might as well keep all the K1s and mine them in our cooperative pool. We are looking at providing these K1s in a small number between August and September so pricing may vary given the volatility of the BTC price.

Two things we want to come from these sales. 1 give back to BKKCoins as quickly as possible some development royalties and 2 provide a healthy and fair return on the cooperatives risk in buying chips and going to fabrication. I doubt our prices can be as low as $33 price range at least for the August delivery who knows for certain what September delivery will bring given the wild ride in difficulty and BTC price. As a cooperative we want to be able to turn the K1s over and hopefully move to the next project quickly and put out another run of K1s or even something with Bitfury in the 1 Chip USB variety. We are carefully discussing this now and we are trying to fight our urges to overprice the K1s but also compare it against the potential mining returns we could have if we were to keep the K1s. Given that I hope our pricing is in that sweet spot. It is not a one person decision in our cooperative so everyone who bought chips is involved and we will have a consensus on this very soon.
hero member
Activity: 924
Merit: 1000
K1s are single-chip, USB-powered Klondike boards.

Bicknellski, have you managed to source heatsinks for the K1s yet?

Yes we have found heat sinks that I believe fit the K1s. We going to get samples run first and do a 24H burn in to check the heat sinks but they seem widely available on aliexpress. We are also able to source them directly here in Indonesia I think from an aluminum foundry / extruder company about 20 minutes from my house. I am going to source heat sinks for both K16s and K1s there tomorrow or Wednesday. When we are sure about size etc I will post our links for these.

Again like everyone else all we are doing now is waiting on BKKCoins. Also note the fasting month in Indonesia is 1 day away. This will only impact production at the end of the month when there is a 1 week set of holidays but we will see when the K1 gerbers are ready and if the factory in Batam has secured the BOM and are ready to produce. It will obviously first come first serve on the orders. We are personally invested in this production run and you will be kept informed and you can contact via email and I will be there to respond.


(EDIT: we are sourcing heat sinks in bulk from China to meet the 32x24x10 specifications we want for our K1s)
hero member
Activity: 539
Merit: 500
Interested in 50 depending on price and Avalon delivery schedule.  Would want K1 only, no kits.
legendary
Activity: 1062
Merit: 1003
Interested as well, but will depend heavily on chip delivery time from Avalon of course.  Given difficulty increases I wouldn't be interested at much more than $30, especially with this BTC price slump.
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