The SP20 at the current price will not break even. Even if you adjust the diff down to 10%, it will take you 320 days to make $27. And that's just with today's rate. Don't forget that $200-$300 shipping price tag also on top. $1400.
If the price was even $800 you'd only max profit around $430. Wow, almost one bitcoin!
People, get OUT of the pre-order gamble.
Nothing is really priced anymore for the bitcoin starter, only the guy who already has hashing power and wants to add some more to what he has.
The SP20 weighs less than the SP3X and we were able to negotiate better shipping prices. Shipping price the SP20 depends on the destination but is not $200 and certainly not $300.
I don't think this is the thread to discuss ROI but if you insist on doing that at least get the numbers right.
Gadi
what is a fair shipping price to midwest usa more or less..trying to do the numbers on this ..but with say a corsair 1500i at $449.99 newegg.com and say $150 usd to ship and
the $1095 price.that is about around maybe $1694.99 for a 1.7TH unit at 2100 watts .....man at my 15c/kwh it really really hurts ..and even figuring a 15% diff change(s) till
the unit arrives on the doorstep ..say end of Oct....pretty steep loss compared to just buying BTC
I"m all for de-centralizing minning and pushing back against big mining and centralization of mining. and would maybe even take a bit of a loss to contribute to such..
but again with my 15c/kwh ave usa elec price and 2100 watts and the dump of hash/mining farms in the next month of so ...can't seem to get the bird off the ground
I'm sure you will have no issues selling the sp20 to people with less elec costs ..newbie miners etc...but too much to choke down vs buying coin AT THIS TIME
trying to keep an open mind for products down the road...but essentially I can buy 1 1/2 more BTC then I could mine with costs on the SP20 ..so I'm stuck watching
this nice toy from the sidelines er also from my calcs i'm down at least 1 1/2 BTC more or less with elec vs what I pay and with elec if I just mine as well ..a perfect
storm of the asic god's telling me as much as I'd like this unit ....just can't get the numbers to fly on this or any other asic device again AT THIS TIME...
so it goes..
Searing
edit see from next post it is 1100 watts not 2100 watts...will re-do calcs it and post here....(duh thats why i post here you guys can correct me) anyway....1100watts
means I would not have to get any power supply (certainly not the corsair 1500i) we will see how close to the mark I get
again looking to just break even ...for the sake of fighting back against centralization of mining (in my meager way) kinda given up of late for making any more
money then just buying coin...so looking at an sp20 from that point of view..now that I have my facts straight I will try this again and post
(could be worse I could be working for NASA ..er...that would have been bad for someone)
Searing