$46k Spent on Mining Hardware: Who Will Deliver the Goods?
Manufacturers of digital currency mining equipment have become notorious for their long delays in shipments and poor customer service. But is this general perception actually the case? Dario Di Pardo gives us his insight into the world of the frustrated miner, after personally dealing with a number of mining hardware makers over the last five months, and dealing with widely varying levels of delay, customer services and offers of compensation or refund. Black Arrow. Product: Prospero X-3 (2 TH/s). Price including shipping: $4,978. Order date: November 18th, 2013. Anticipated shipping date:....
Related News
Whenever a new company announces they are selling dedicated mining hardware for Bitcoin and Litecoin, the digital currency community is on high alert. Over the past few years, various companies have claimed to offer this type of service, although very few of them have been able to deliver on these promises. PH Miners Inc. is a new mining hardware....
In March 2014, Dario Di Pardo wrote about his experiences having spent around $46,000 on a number of mining rigs and suffered from delays, poor communication from manufacturers, frustration and yet more delays over the five months since the investments were made. In part two of the series, he brings us up to date on his orders, and tells us which are the companies that come up with the goods and which are the ones to avoid. Vendor: Black Arrow. Product: Prospero X-3 (2 TH/s). Price including shipping: $4,978. Order date: 18th Nov, 2013. Anticipated shipping date: 24th Feb, 2014. Expected....
When it comes to engaging in Bitcoin cloudmining, there has been a lot of hype but little entry-level information generated for the average user. As the concept of mining Bitcoin becomes more and more well-known as a concept, many more consumers are looking into the idea. However, with difficulty at its current level, the expense associated with hardware purchasing, as well as the mining process itself, is off-putting, and so cloudmining is becoming the natural choice for many new parties today. The infrastructure surrounding mining, especially hardware manufacturers and mining pool....
Ghash.io mining pool website. London-based Bitcoin exchange and cloud mining services provider, Cex.io announced on Tuesday that they were lowering the maintenance cost from $0.18 to $0.105 for 1 GHS per month. This reduction in maintenance cost comes after the company upgraded its hardware for mining bitcoins in the cloud. In addition, the hardware upgrade would also enable the company to arrange the lowest possible electricity consumption costs for hosting the ASICs. Also read "Cex.io Contemplates Expansion to Scrypt ASICs: CCN Exclusive Interview with Cex.io". Maintenance Costs and....
Bitcoin mining hardware, also known as mining rigs, are computing devices made specifically to “guess” the correct bitcoin block hash as quickly and with as little power as possible. While the earliest Bitcoin mining was conducted by standard computer CPUs, mining operators were incentivized to ...