Author

Topic: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it? (Read 1332 times)

hero member
Activity: 756
Merit: 501
Considering one 0.5BTC share in blastbob's and tyrion70's (now closed) knc miner group buy is some where between 2 and 4 GHash/s (my guesstimate is 2.82GH), that seems like a bad deal.
full member
Activity: 184
Merit: 100
I'd want to see proof that they have actually ordered hardware - I don't see anything on their blog or in their FAQ about their actual hardware orders.  Without proof, I'd be leery that they plan to purchase the hardware with the money they collect for "contracts" (or not purchase hardware at all and keep the money).

It is worth watching, but I would definitely wait until they have hardware online and mining before I sent them any money. 

Quote
Contracts are limited in quantity so pre-order now as mining begins in September 2013.

Don't fall for the scarcity tactic.
full member
Activity: 322
Merit: 102
The website is really nice Smiley
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
"September Mining Start Date"

Where did they order the 30+ terahashes ?

Hmm 10G in September with diff=50: BTC0.1 a day or diff=100: BTC0.05 so bi-weekly between BTC1.4-0.7 / weekly BTC0.7-0.35
legendary
Activity: 1456
Merit: 1000
By the time its delivered to them i would be willing to bet estimates are pretty far off on money to be made.  Difficulty is rising ... fast.
hero member
Activity: 602
Merit: 500
Quote
To date, we have 30+ terahashes of hashing power on order.

Nothing is delivered to them yet. So nothing to think about Smiley
sr. member
Activity: 406
Merit: 250
ALGORY.io Crowdsale starts on 8/12/2017
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