Post
Topic
Board Hardware
Re: ANTMINER S3 Discussion and Support Thread.
by
hurricandave
on 05/07/2014, 21:25:42 UTC
Correct, no coupons.  They did $22,000,000 the first day.  I don't think we will be seeing coupons for a while.

You mentioned that number before. I don't necessarily doubt it, but where did you come up with it?

The USD price per unit when they went on sale was about $480. So if they grossed $22 million the first day, that's nearly 46 thousand units. Rounding up to 500 GH/s per unit, that's about 22 petahash.

That seems high to me. Maybe this market is bigger than I thought. Or maybe my math is wrong.

Someone had the btc address bitmain was apparently using to consolidate the purchases.  I watched it the evening of the first day they opened up sales.  Was actually looking for my order but never found it.  Most transfers were multiples of .75 though so I would guess it was legit.  But I don't remember where I saw it.  If it was here or reddit.
Umm...I was under the impression that Bitmain had a minimum order quantity of TWO S3's per order. If you were looking at their chain Most transfers should have been at least 1.5 BTC, why would they break it down on transfer?