Quote from: tummymumma on January 20, 2018, 12:09:10 AM

Quote from: Dudukian on January 19, 2018, 05:23:47 PM

Quote from: tummymumma on January 18, 2018, 09:43:01 PM

Quote from: bittawm on January 18, 2018, 03:58:47 AM

Quote from: tummymumma on January 18, 2018, 01:10:50 AM

Quote from: Dudukian on January 17, 2018, 05:42:23 PM

Quote from: minernoob1978 on January 17, 2018, 09:24:40 AM

people are dumb if they willing to pay 15k giant b, wait for x10 to be on sale and pay less, what was the price 1400 usd + shipping, no point for overpay, also why buy from re-sellers if you can buy directly from baikal Grin

   I was thinking the same thing . I believe the original X10 sold for $1200 . I have GPU miners that were producing $9,000 per month last week.

   I spotted X10's on Ebay they are asking $9,000 , and that makes more sense than $15,000 for the Giant B.

At first I thought why would anyone want to sell their Giant B ? Now , I think its a smart move to dump them at the inflated price and buy something else or even other Giant B's with the proceeds if and when available.

   I wonder if the re-sell prices will drop to $9,000 or so like the X10 ?

Bitmain also just r elease the A3 Blake Miner yesterday at Hashing algorithm -- Blake(2b) 815GH

I still want a baikal, but I am not paying these insane prices. the price on bittawmart is 16K now, and the price on ebay is 16-30K -- At 16K its a huge gamble for me.

we are 15k and not 16k

3 left

Cheers

These things are selling for 16K because of the nicehash profitability calculator. For a few days, that thing was showing 16k per month as the profit.... most of t he time it was showing 10k. Bitmain did a good thing with their latest release of the A3 yesterday. They staged the release over a day and limited quantity to only 1 to make it hard for the resellers to hoard and do what they are doing. This is really not a supply and demand issue, its a hoarding issue. There is no way that these people buying this machine at this price will make their money back in under a year. If you think so, your fooling yourself. These things do well for a few months, then the cycle repeats.

I respectfully disagree with every point you made.

Actually Library hit $20,000 per month without the need for nicehash. It bounced from $14,000 - $20,000 for weeks . Mostly stayed above $16,000 A few days ago it dropped to $4500 and its down below $3500 today. Remember its not a single algorithm miner . Pasc can be mined for a similar profit. Even at $15,000 it will pay for itself in 8 months.

These miners were sold wholesale minimum order of 6 for $3600 and its now defiantly a supply and demand issue . In fact most of the "Hoarders " on this site sold them for under $4500 which is a pretty modest margin . Its the personal units that are now being sold for $$$ instead of used for mining . I think Bitmain made a mistake 1 limit . The high prices on the open market gives their product a better value with less headache .

1. The nicehash profitability calculator is being advertised and used as an example of what can be made per day
2. Baikal did not sell to the general public, but only to resellers who immediately pushed the price up even before there was a demand.
3. Its not the personal units that are being sold for $$$$, look at the thread with itopshop. The first batch he spread the risk on the forum members and now that he sees the demand, he is charging
12k per unit for the next group buy.
4. I don't know how long you have been mining, but do you know how long 8 months is? In 8 months that miner might be acting as a doorstop, so I dont know how you can count on that.
5. Bitmain actually did something right, they allowed the general population to buy the unit instead of these resellers who just markup up to 1000% sometimes. To me that is just ridiculous and they are fleecing the mining community. Crypto has gained traction and alot of noobs are going to lose their shirts on these things, and that just leaves a bad taste in my mouth.

Just take a look at the S9. 2 weeks ago, you couldnt buy that thing for under 5500 at best. Today I saw someone trying to sell 7 for 3k each

1. Forget nicehash , its based on the resale of hashing power . For better accuracy , use the other calculators that are based directly on mining.

2. Actually , they did sell to the general public . They quoted me 6 @ $3600.

3 . Other than a couple of possibly fake sellers on Ebay , most of the units being resold are from people selling their small personal orders and decided to take advantage of the opportunity.

4. I have mining equipment that makes more money today than it did when I bought it 8 months ago.

5. Actually nothing really much different. They were all gone in one day and the A3 is now only available for those who are willing to pay $9,000 . The winners and losers will be determined later. At least hey are providing an honest service .

People be aware of the following fake sites that actually do rip people off:

asicminers.com with an s is a fake site . The site without the s is selling for $20,000

altmininggear.com . scam site

baikalminermarket.com fake scam

Many other scams on Ebay and Alibaba as well.