jpchrist
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Activity: 174
Merit: 100
16Q3R8NAfK63DvkTUGgLdPScyMU8uSAJUH
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August 22, 2014, 05:28:14 PM |
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Downsizing my mining operation a bit, anyone here interested in buying a Corsair 1200i Platinum Psu? Only about 3 months old and I have all the original packaging and cables. It can easily run 3 antminers. 0.5 Btc including shipping to any US address. PM if interested.
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vortexz
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Activity: 1120
Merit: 1001
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August 22, 2014, 07:44:48 PM |
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damn, they need to lower their prices !
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bigeliphant
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Activity: 45
Merit: 1
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August 22, 2014, 08:01:26 PM |
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Is this thing unbrickable? And is overclocking just that you have to select another already made profile?
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jpchrist
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Activity: 174
Merit: 100
16Q3R8NAfK63DvkTUGgLdPScyMU8uSAJUH
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August 22, 2014, 08:34:56 PM |
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Just a PSA/FYI: Newegg Lies about Bitcoin Returns w/Proof 1. Before I made a purchase with newegg I inquited about their return policy regarding bitcoin. I asked a customer service rep. if i happened to return the item would the refund be issued in BTC or USD. 2. The rep told be the refund would be issued in bitcoin (see screen shot) 3. The refund was issued as a newegg giftcard!!! And after multiple phone calls newegg has refused to issue a refund in either USD or BTC. 4. Beware of newegg and their misinformed reps!  |
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PatMan
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August 22, 2014, 08:56:12 PM |
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That's totally screwed up.
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rograz
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August 22, 2014, 08:58:29 PM |
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They will ROI within 2.5 months as long as you ordered enough of them to beat the curve.
Someone needs to work on their math skills, if one ant is unprofitable then 1000 of them will be as well as long as the cost of running them /ant stays the same. |
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crazyates
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Activity: 952
Merit: 1000
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August 22, 2014, 08:58:52 PM |
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Just a PSA/FYI: Newegg Lies about Bitcoin Returns w/Proof
How does this have anything to do with S3s? |
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Biodom
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Activity: 4354
Merit: 5737
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August 22, 2014, 09:01:03 PM |
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That's totally screwed up.
re: newegg they should setup the reverse transaction capability on bitpay or coinbase. However, some people might arbitrage it, hence the possibility of abuse. coinbase would also want its 1% for bitcoin buy (could be much less for a large merchant), so it it is somewhat tricky. |
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jpchrist
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Activity: 174
Merit: 100
16Q3R8NAfK63DvkTUGgLdPScyMU8uSAJUH
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August 22, 2014, 09:03:06 PM |
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That's totally screwed up.
re: newegg they should setup the reverse transaction capability on bitpay or coinbase. However, some people might arbitrage it, hence the possibility of abuse. coinbase would also want its 1% for bitcoin buy (could be much less for a large merchant), so it it is somewhat tricky. Its totally fine to have that policy. Just dont lie about it... |
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hurricandave
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Activity: 966
Merit: 1003
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August 22, 2014, 09:15:23 PM |
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That's totally screwed up.
re: newegg they should setup the reverse transaction capability on bitpay or coinbase. However, some people might arbitrage it, hence the possibility of abuse. coinbase would also want its 1% for bitcoin buy (could be much less for a large merchant), so it it is somewhat tricky. Its totally fine to have that policy. Just dont lie about it... The only way any retailer will be able to afford a 30 day return policy on BTC transactions is if Coinbase adopts a new Merchant Service in which all BTC Contract Transactions are suspended at the time of purchase for 31 days and the FIAT/BTC Value is Guaranteed/Locked In, until the transaction is 32 days past initiation without dispute. Who is going to sell merchandise and wait 32 days for payment? |
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suchmoon
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Activity: 4144
Merit: 9514
https://bpip.org
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August 22, 2014, 09:29:25 PM |
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Who is going to sell merchandise and wait 32 days for payment?
A lot of businesses do 30 day terms, including Newegg itself AFAIK. Even assuming they would need to borrow to cover it (which I doubt) at the current cost of credit this still beats credit card fees. Anyway, this is getting off topic but thanks to jpchrist for the heads up. |
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philipma1957
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Activity: 4718
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'The right to privacy matters'
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August 22, 2014, 09:37:45 PM |
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They will ROI within 2.5 months as long as you ordered enough of them to beat the curve.
Someone needs to work on their math skills, if one ant is unprofitable then 1000 of them will be as well as long as the cost of running them /ant stays the same. well it depends. 1 s-3 and 1 evga 1300 for your psu won't roi. 3 s-3's and 1 evga 1300 for psu might roi . you did say as long as cost to run them does not change but maybe the poster was thinking like I just wrote |
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Biodom
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Activity: 4354
Merit: 5737
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August 22, 2014, 09:37:55 PM |
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That's totally screwed up.
re: newegg they should setup the reverse transaction capability on bitpay or coinbase. However, some people might arbitrage it, hence the possibility of abuse. coinbase would also want its 1% for bitcoin buy (could be much less for a large merchant), so it it is somewhat tricky. Its totally fine to have that policy. Just dont lie about it... The only way any retailer will be able to afford a 30 day return policy on BTC transactions is if Coinbase adopts a new Merchant Service in which all BTC Contract Transactions are suspended at the time of purchase for 31 days and the FIAT/BTC Value is Guaranteed/Locked In, until the transaction is 32 days past initiation without dispute. Who is going to sell merchandise and wait 32 days for payment? I don't think there should be any problem as long as amount of bitcoin returned depends on the market price. example-item costs $50 (BTC at $500), you pay $50-5=$45 or 0.09BTC which you instantly buy just before the purchase ($5 is discount for using BTC) To reverse, newegg has to buy BTC, which is now at $1000, so they buy $45 worth (plus whatever coinbase fee)=0.045 BTC and send it to your coinbase/bitpay wallet. Should not make any difference to you or newegg. Of course, if you paid 0.09 BTC and you expect the same number of btc, regardless of the fact that price doubled, it could not work AT ALL as far as rebates are concerned. |
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Biodom
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Activity: 4354
Merit: 5737
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August 22, 2014, 09:44:22 PM |
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They will ROI within 2.5 months as long as you ordered enough of them to beat the curve.
Someone needs to work on their math skills, if one ant is unprofitable then 1000 of them will be as well as long as the cost of running them /ant stays the same. well it depends. 1 s-3 and 1 evga 1300 for your psu won't roi. 3 s-3's and 1 evga 1300 for psu might roi . you did say as long as cost to run them does not change but maybe the poster was thinking like I just wrote I am running 3 S3 (237.5 mhz) on a single EVGA1300 using PCI-e splitters on two machines (so each has 4 connectors). What was your wattage on EVGA1300 per S3 when running at 250mhz. I wonder if I have enough power to bump all three to 250mhz. |
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aarons6
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Activity: 1736
Merit: 1006
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August 22, 2014, 09:54:09 PM |
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Just a PSA/FYI: Newegg Lies about Bitcoin Returns w/Proof 1. Before I made a purchase with newegg I inquited about their return policy regarding bitcoin. I asked a customer service rep. if i happened to return the item would the refund be issued in BTC or USD. 2. The rep told be the refund would be issued in bitcoin (see screen shot) 3. The refund was issued as a newegg giftcard!!! And after multiple phone calls newegg has refused to issue a refund in either USD or BTC. 4. Beware of newegg and their misinformed reps! its pretty common practice for online companies to issue refunds payed with BTC with giftcards. i bet if you read the TOS somewhere it states paying with BTC is the same as paying with giftcard. |
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jpchrist
Full Member
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Activity: 174
Merit: 100
16Q3R8NAfK63DvkTUGgLdPScyMU8uSAJUH
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August 22, 2014, 10:07:17 PM |
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Just a PSA/FYI: Newegg Lies about Bitcoin Returns w/Proof 1. Before I made a purchase with newegg I inquited about their return policy regarding bitcoin. I asked a customer service rep. if i happened to return the item would the refund be issued in BTC or USD. 2. The rep told be the refund would be issued in bitcoin (see screen shot) 3. The refund was issued as a newegg giftcard!!! And after multiple phone calls newegg has refused to issue a refund in either USD or BTC. 4. Beware of newegg and their misinformed reps! its pretty common practice for online companies to issue refunds payed with BTC with giftcards. i bet if you read the TOS somewhere it states paying with BTC is the same as paying with giftcard. Again, dont have a problem with the policy, just being deceived. |
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barkarov
Newbie
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Activity: 8
Merit: 0
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August 22, 2014, 10:08:36 PM |
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Has miner automatic shutdown at a high temperature?
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crazyates
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Activity: 952
Merit: 1000
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August 22, 2014, 10:11:39 PM |
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Has miner automatic shutdown at a high temperature?
IIRC, it's like 75 or 80C? |
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barkarov
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Activity: 8
Merit: 0
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August 22, 2014, 10:17:37 PM |
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Has miner automatic shutdown at a high temperature?
IIRC, it's like 75 or 80C? yes |
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Jcga
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Activity: 2590
Merit: 1089
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August 22, 2014, 10:36:48 PM |
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I've already ROI'd my S1s. Everything from this point is profit until the cost of electricity is more than the BTC value. But it is also a hobby and I believe in BTC. I have friends that spend $400 a month on golf. Nobody ask them about their ROI.
+1 lol I have ordered 3 S3+ but not paid yet. I don't really know what to do now, delivery date is 20th sept (or sooner) Should i wait for next generation S4? |
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