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Showing 20 of 71 results by dulac97
I woke up this morning to a cold quiet house. All S3s had stopped mining.
I can see they temporarily went to both back up pools in succession but they didn't stay there long. Internet was up but they wouldnt start hashing after several reboots and switching pools around.
All other devices including my desktop which is wired to the router (same as s3s) were connected to the internet and working fine.
I then rebooted the modem, router and then the S3s and they started hashing. I saw something earlier about not having the same order for the pools but that just seems like voodoo (no offense).
Does anyone know why this would happen?
I can see they temporarily went to both back up pools in succession but they didn't stay there long. Internet was up but they wouldnt start hashing after several reboots and switching pools around.
All other devices including my desktop which is wired to the router (same as s3s) were connected to the internet and working fine.
I then rebooted the modem, router and then the S3s and they started hashing. I saw something earlier about not having the same order for the pools but that just seems like voodoo (no offense).
Does anyone know why this would happen?
Time Warner Cable Internet was down this AM and spotty coming up... do you have TWC?
Re: Announcement: Bitmain launches AntMiner solution, 0.68 J/GH on chip
I'm disappointed by the upgrade kit. Since you're replacing the boards, you're only getting ~273 additional GH/s for .46 BTC. Yes, it will be more efficient, so there's that.
I agree. An undervolted S1 getting 140 gh/s is closer in power efficiency to the S3, but the net pickup of an upgrade kit is only 313 gh/s...for .46 BTC 37 days out. I'll pass.
Received B3 hashing away normally, but never received B2 
, emailed bitmain but only thing so far is saying their complaining to UPS ... but still nothing, losing so much
- Tracking # : 1ZR78990D957302078
WHY ME!
, emailed bitmain but only thing so far is saying their complaining to UPS ... but still nothing, losing so much - Tracking # : 1ZR78990D957302078
WHY ME!
That is the worst UPS tracking history I have ever seen. So sorry!
He posted this also:
Juan,
Are you populating 2 or 4 PCIe with that setup?
From my side, I was one of the first ones to purchase within a few minutes for Batch 1 but do not see a shipping update.
I second that.
This makes absolutely no sense.
So basically you are going to exclude people randomly according to what you consider a "good deal"?
Will you be trashing the entire "group buy" when the final price ends up more than $3800/sp30?
Your estimations are so far from reality why should you decide how many units the group buys? (production costs of an sp30 are probably more than $2000)
Anyways if you do manage to negotiate the price down to $0 per sp30 count me in for 200.
Randomly? OMG...So basically you are going to exclude people randomly according to what you consider a "good deal"?
Will you be trashing the entire "group buy" when the final price ends up more than $3800/sp30?
Your estimations are so far from reality why should you decide how many units the group buys? (production costs of an sp30 are probably more than $2000)
Anyways if you do manage to negotiate the price down to $0 per sp30 count me in for 200.
Have you really thought about that?
Or I have not explained well, or you have misunderstood me.
This is worse than explain that is 'capitalism' in Venezuela...
The group decides (not only I) how many units to buy; based on strong criteria, such as Difficulty or some than I'll explain.
Many buyers have told me (invented numbers for this example):
"if the value is 5000$ I want 1 unit.
if the value is 2500$ I want 2.
if the value is 1000$ I want 5."
Someone has to spend around 5k, but fixed costs are diferente (delivery cost per unit, VAT/taxes, etc).
Due to the amount to units is directly proportional to the final price.
Well, and now value Vs Price:
The final price (value) of any miner is not define by the production cost of the product. The final price (value) of SP-30 is due to the ROI and profitability.
When a miner is not profitable, it stops producing. But the production cost is the same.
Price is the money that you pay for something (albeit junk).
Value is what I'm willing to pay for it (considering the ROI and profiability).
The value per unit is what I am negotiating.
I hope I explained it right this time : )
So how much are these things going to cost?
Doing the math on the compensation offer...
Assume you bought 2 S3s from Batch 1 .75 BTC x 2 = 1.5 BTC
A refund of 7.7% = .1155 BTC
A coupon for 10% off of your next purchase of 2 miners at the current purchase price of .725 BTC each = (.725 * 2)(.1)= .145 BTC
Net difference is .145 - .1155 = .0295 BTC, or about $18.29.
That's only getting a $9 per miner bonus on a future order, not knowing at this point how future batches will hash.
Perhaps the 10% off coupon will apply to an unlimited number of miners on your future order, in which case the coupon will be of greater value. Or maybe it won't have an expiration and you could use it when it becomes of maximum value. But to me, it seems like money in hand is the better option.
Assume you bought 2 S3s from Batch 1 .75 BTC x 2 = 1.5 BTC
A refund of 7.7% = .1155 BTC
A coupon for 10% off of your next purchase of 2 miners at the current purchase price of .725 BTC each = (.725 * 2)(.1)= .145 BTC
Net difference is .145 - .1155 = .0295 BTC, or about $18.29.
That's only getting a $9 per miner bonus on a future order, not knowing at this point how future batches will hash.
Perhaps the 10% off coupon will apply to an unlimited number of miners on your future order, in which case the coupon will be of greater value. Or maybe it won't have an expiration and you could use it when it becomes of maximum value. But to me, it seems like money in hand is the better option.
Money in hand is the smarter option, but I'm such a sucker for coupons. It was such a brilliant move on Bitmains part, though.
but wasnt it a 10% coupon of the total amount you payed for batch 1,2 or 3?
Even if it is, you're still only looking at a $10.69 bonus per future miner ordered.
Doing the math on the compensation offer...
Assume you bought 2 S3s from Batch 1 .75 BTC x 2 = 1.5 BTC
A refund of 7.7% = .1155 BTC
A coupon for 10% off of your next purchase of 2 miners at the current purchase price of .725 BTC each = (.725 * 2)(.1)= .145 BTC
OR if the 10% coupon means 10% credit based on what you already spent =.15 BTC
Net difference is .145 - .1155 = .0295 BTC (or .15 - .1155 = .0345 BTC) or about $18.29 (or $21.39)
That's only getting a $9 - $11 per miner bonus for rolling the dice on a future order, not knowing at this point how future S3 batches will hash, what the miner price will be, or impending difficulty jumps.
To me, it seems like money in hand is the better option.
Another compensation idea would be $600 off of an S2 and then Bitmain could clear out his inventory and people could get shipments of those in 48 hours...just a thought.
Assume you bought 2 S3s from Batch 1 .75 BTC x 2 = 1.5 BTC
A refund of 7.7% = .1155 BTC
A coupon for 10% off of your next purchase of 2 miners at the current purchase price of .725 BTC each = (.725 * 2)(.1)= .145 BTC
OR if the 10% coupon means 10% credit based on what you already spent =.15 BTC
Net difference is .145 - .1155 = .0295 BTC (or .15 - .1155 = .0345 BTC) or about $18.29 (or $21.39)
That's only getting a $9 - $11 per miner bonus for rolling the dice on a future order, not knowing at this point how future S3 batches will hash, what the miner price will be, or impending difficulty jumps.
To me, it seems like money in hand is the better option.
Another compensation idea would be $600 off of an S2 and then Bitmain could clear out his inventory and people could get shipments of those in 48 hours...just a thought.
According to SPTech, I hope to set the final price on July 15 based on the difficulty of the moment.
I do not want to waiting more for processing our order to avoid delays in our units.
I do not want to waiting more for processing our order to avoid delays in our units.
Sweetness!!!
Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382
BITMAIN didn't start shipping from 10th as promised.
New extended shipping promise between 10 and 14 running.
Two days passed after 10th 2 more days left. Pressure mounts.
If 14th is crossed BTC0.75/S3 will effectively be over BTC1.
New extended shipping promise between 10 and 14 running.
Two days passed after 10th 2 more days left. Pressure mounts.
If 14th is crossed BTC0.75/S3 will effectively be over BTC1.
They didn't promise to ship on the 10th...they promised to ship some time between the 10th and 20th.
They have another 9 days before they've broken any promises...
Consider the factor they where early shippers.
At-least they should have started shipping on 10th.
That's what we are expecting from the BitMainTech.
No pre-orders were their first quality, support the second.
It was initially announced to start between 10th and 20th, later it was narrowed down to around 14th, which is a nice bonus if that happens. If anyone had any other expectations that's not Bitmain's fault, I think they communicated the dates very clearly. Don't try to read between the lines if there's nothing there.
Ordered 90 seconds after product launch on June 30...no shipping yet, but agree completely.
That sounds pretty fair and this method is called "Escrow" ? Well it would be pretty neat then and I can ask my bank to lend me some money 
For lots of reasons, I wouldn't borrow money to buy miners.
Re: [ANN][SWARM] Swarm - Cryptoequity Crowdfunding - Official Thread
Hello, smaragda. I know you've had some thoughtful exchanges on here about the vote and funding. Can you explain why you voted "NO"?
Sure... I voted NO because the initial plan is straight-forward in regard to what happens with the unsold SWARM... the devs have two fundraising phases with an announced cap... if the cap isn't reached... remaining SWARM get distributed to the holders.
Locking the coins away without specifically stating what will happen to those coins if a second fundraising phase never takes place is unacceptable IMHO.
I agree with smaragda.
Plus, what if 4500 BTC is never reached....
Once I undervolt, how easy is it to return an S1 to stock 180 gh/s (to perhaps sell at a future date) ?
Is it as easy as erasing the graphite and resetting the asic frequency?
Is it as easy as erasing the graphite and resetting the asic frequency?
Yeppers. That easy!
Thanks!!!!