Author

Topic: 600 GH/s how long is it good for? (Read 4405 times)

newbie
Activity: 27
Merit: 0
February 13, 2014, 07:12:07 AM
#33
hero member
Activity: 518
Merit: 500
December 27, 2013, 09:14:40 PM
#32
600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.

With difficulty doubling monthly, "a little every week" is a bit ... little Wink
legendary
Activity: 1638
Merit: 1001
December 26, 2013, 11:01:58 PM
#31
Joe 600Gh/s Miner, father of Timmy and Sally 600G.
hero member
Activity: 518
Merit: 500
December 26, 2013, 08:51:40 PM
#30
Quote
Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 

Who is Joe 600G can I ask?
hero member
Activity: 702
Merit: 500
December 26, 2013, 09:27:46 AM
#29
600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.
hero member
Activity: 518
Merit: 500
December 24, 2013, 09:25:15 AM
#28
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH


ASI Chip manufacturers will just produce more chips. Think "efficiency", that is what counts.
legendary
Activity: 1638
Merit: 1001
December 24, 2013, 08:56:44 AM
#27
Quote
Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 
legendary
Activity: 1638
Merit: 1001
December 24, 2013, 08:46:29 AM
#26
Quote
I've been looking around to see what $5000 can get me that will be relevant for the next six months.

About seven BTC, then hodl.
sr. member
Activity: 322
Merit: 250
Supersonic
December 24, 2013, 06:32:20 AM
#25
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH
hero member
Activity: 518
Merit: 500
December 24, 2013, 04:46:14 AM
#24
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

I would agree, but so many people claim to have free electricity through various means .........
staff
Activity: 4284
Merit: 8808
December 24, 2013, 02:51:18 AM
#23
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.
legendary
Activity: 1050
Merit: 1000
December 23, 2013, 11:21:03 PM
#22
BFL.. Pay now, Get product... erm, maybe
newbie
Activity: 28
Merit: 0
December 23, 2013, 10:57:30 PM
#21
I wouldn't too much stock into the timeline of yours when you're putting your chips in BFL's court...
hero member
Activity: 518
Merit: 500
December 23, 2013, 10:40:28 PM
#20
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?

www.cryptomine.dk

leasing mining hardware op til 2 TH/s starts 1Q 2014.

I think the OP wants hardware now , now pre-order
sr. member
Activity: 546
Merit: 255
December 23, 2013, 07:11:41 PM
#19
What language is that?
newbie
Activity: 27
Merit: 0
December 23, 2013, 06:09:24 PM
#18
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?

www.cryptomine.dk

leasing mining hardware op til 2 TH/s starts 1Q 2014.
hero member
Activity: 792
Merit: 1000
Bite me
sr. member
Activity: 349
Merit: 250
“Blockchain Just Entered The Real World”
December 23, 2013, 08:27:14 AM
#16
Edwin Starr
hero member
Activity: 518
Merit: 500
December 23, 2013, 06:10:03 AM
#15
600 GH/s....  Heurgh!
how long is it good for?
....Absolutely Nothing!


(Bruce Spriengstein)

Wasn't that Frankies Goes To Hollywood ... War ?
hero member
Activity: 784
Merit: 502
December 23, 2013, 03:25:10 AM
#14
600 GH/s....  Heurgh!
how long is it good for?
....Absolutely Nothing!


(Bruce Spriengstein)
sr. member
Activity: 266
Merit: 250
December 23, 2013, 03:20:09 AM
#13
bitfury not worth it at all.
5600 for 200Gh/s?Huh wtf!!!

try here https://bitcointalksearch.org/topic/group-buy-worldwidebtmine-v1-miner-200ghs-btc-24-379819

second thing, save your self some more money and go for black arrow 2th late February delivery.
every peace of hardware below 1TH in about 3-4 months will be worthless.
sr. member
Activity: 546
Merit: 255
December 23, 2013, 02:48:18 AM
#12
Great. 600 over budget.  Sad Sad
legendary
Activity: 3878
Merit: 1193
sr. member
Activity: 546
Merit: 255
December 22, 2013, 11:29:42 PM
#10
do you have any recommendations?
hero member
Activity: 518
Merit: 500
December 22, 2013, 11:26:10 PM
#9
Do you have any suggestions on who to go towards? I'm looking to put in about $5,000 for equipment?

You definitely want to mine yourself? Wouldn't consider shares in a mining company?
hero member
Activity: 518
Merit: 500
December 22, 2013, 11:02:13 PM
#8
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?

Don't pre-order anything from BFL. If they say delivery in Feb it will be June or worse, and you will lose any potential profit. And there is some serious hashing coming online first quarter 2014. You don't wanna be sitting there waiting for a hashing unit to show up (late) when the network hash rate is climbing horribly, very bad  for blood pressure Wink
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
December 22, 2013, 02:32:50 PM
#7
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?
no here is why


http://www.butterflylabs.com/monarch/  cost = 4680 for 600 gh you need a pc and you must supply power to run it.

 ignore genesis block link posted below.


 more  on why it is not a good deal

this deal is insanely better

https://bitcointalksearch.org/topic/closedr17x-black-arrow-prospero-x-3-dzmc-exclusive-130-40ghs-335145

40 gh for 130 usd or 640 gh for 16x 130 = 2080    no pc no fuss no muss… s

 so 600 gh for 4680  from a company that has a terrible rep

or 640 gh for 2080  from a company that has a good rep.

  both gear arrives in feb.

 Back to genesis block info.    It can not be accurate long term predictor of btc price.    It may or may not be a good predictor of difficulty rate adjustment.

  

and no mater what it predicts   .  the dzcoop deal is less then half the price for more hashpower then the Monarch both  due the same month.

disclosure I have 10 shares of r17 or 400gh   ---------------------1300usd>>>>>>>>>  due to start in feb

I have 11 shares of r9-r12 or 88 gh---------------------------------1353usd>>>>>>>>I cashed out   2120 usd so far

I have 19 shares of r5-r6 or 110 gh   all from dZcoop-------------1482usd >>>>>>>> I cashed out 3683 usd so far

I have 1 share of r1 from them also. 192  --------------------------192usd>>>>>>>>>>dues to start in jan



I was just looking at the site and was wondering? Is this a physical product or a mining contract I'm not sure but it does look like a great deal. Now would you know the power consumption?

   they are lifetime  contract you own a part of the machine.
 when they sell them you off you get a part of the sale.  
so far they have been good to me and a lot of other people.  

  as to whether it will make money Huh??  remember in 2 days coins could be at 100 usd  or 1000 usd.  no one knows the price of the coin when these mine in feb.
sr. member
Activity: 322
Merit: 250
Supersonic
December 22, 2013, 01:32:23 PM
#6
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?

ftfy
sr. member
Activity: 546
Merit: 255
December 22, 2013, 01:26:35 PM
#5
I was just looking at the site and was wondering? Is this a physical product or a mining contract.
legendary
Activity: 952
Merit: 1000
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
December 22, 2013, 01:03:00 PM
#3
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?
no here is why


http://www.butterflylabs.com/monarch/  cost = 4680 for 600 gh you need a pc and you must supply power to run it.

 ignore genesis block link posted below.


 more  on why it is not a good deal

this deal is insanely better

https://bitcointalksearch.org/topic/closedr17x-black-arrow-prospero-x-3-dzmc-exclusive-130-40ghs-335145

40 gh for 130 usd or 640 gh for 16x 130 = 2080    no pc no fuss no muss… s

 so 600 gh for 4680  from a company that has a terrible rep

or 640 gh for 2080  from a company that has a good rep.

  both gear arrives in feb.

 Back to genesis block info.    It can not be accurate long term predictor of btc price.    It may or may not be a good predictor of difficulty rate adjustment.

  

and no mater what it predicts   .  the dzcoop deal is less then half the price for more hashpower then the Monarch both  due the same month.

disclosure I have 10 shares of r17 or 400gh   ---------------------1300usd>>>>>>>>>  due to start in feb

I have 11 shares of r9-r12 or 88 gh---------------------------------1353usd>>>>>>>>I cashed out   2120 usd so far

I have 19 shares of r5-r6 or 110 gh   all from dZcoop-------------1482usd >>>>>>>> I cashed out 3683 usd so far

I have 1 share of r1 from them also. 192  --------------------------192usd>>>>>>>>>>dues to start in jan

full member
Activity: 182
Merit: 100
December 22, 2013, 12:48:14 PM
#2
Think they have already sold out, and BFL upon reading different stuff not good on delivery dates (Could be wrong)
sr. member
Activity: 546
Merit: 255
December 22, 2013, 12:37:42 PM
#1
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card.
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