http://blogs.wsj.com/venturecapital/2014/09/05/for-kncminer-time-to-forget-selling-bitcoin-machines-to-at-home-miners/
see comments
well ...looks like us home miner types yelling on here about noise/elec use etc were listened to I'm shocked.......no asic company ever listened before
(have to sit down...world is tilting)
Searing
p.s. bet the price point is $1500 usd at best imho......still tough to justify at these BTC prices and 15c kwh in my case
... and the difficulty being completely nuts...imho they should be priced at end of Oct time line at
around $1000 usd....even then tough to make ROI but at least conceivable? maybe? kinda sorta?
But hell I might even pay the extra $500 usd over the $1000 to mine with the beast .just to decentralize BTC (take that KNC my 1.7TH will put a dent in your profits by golly!)
and WTF I have no life....so again nice whirly noises...pretty LCD's and winter is coming...there it is ..thats the ticket...it is a HEATER we need someone
good at math to prove to me that at 15c/kwh I can bank money back on this beastie with costs/elec figured in...yea..ROI via HEAT (man am I grasping
at straws or what)
(delusion is a foul fiend that follows home miners everywhere don't ya know)
ah....another hopeless ROI guest......my life is now again as normal as it ever gets........some people gamble some people get home miners
it is all the same.....keeps us in line placid and in worker drone mode......(off to get a lottery ticket)
Searing
Kinda complicated to read but:
http://www.mhi-inc.com/Converter/watt_calculator.htm
1000 watts in 24hrs=81950 BTU.
@ 12,000 btu per 1 ton of A/C=6.82 tons (seems kinda high IMO,something is off ) At that rate you could heat a 1500 sq ft home quite well....maybe not in snow country
Or:
http://rapidtables.com/convert/power/Watt_to_BTU.htm
argh i had it all figured with your above link...dumped my last post...anyway
...with my 15c/kwh and what it took off my $125 gas bill in the winter....it came out to a 35% cut off my equiv costs on the electric bill ...so
it would mean I could run a miner in the winter and get 35% off elec costs to run it
again from what I figured from the savings in gas to heat house (saved 9 days in heat) and converted to elec savings equiv to get the elec cost
of the miner down (not paying those $$$ to the gas company)
..in the heat (it is in the basement so not exactly where I can use it..but hey
denial ..I'll take what I can get)...so the price w/the heat credit to run a 1000 watt say sp20
https://tradeblock.com/mining/
using the above
at say $0.7/gh in cost lets say the spondoolies sp20 is $1190 (w/o power supply) kwh for me is 15c/kwh and the elec costs (minus the HEAT applied)
runs the numbers
remember 35% less on watts in above calculator at 15c/kwh to get the supposed savings on HEAT
20% ave growth till around the middle of NOV when you probably would get the beastie....and I get a $367 usd loss (at current exchange rate of around $475)
if I just go by how much BTC I could make off the unit w/o expenses for 6 months looking at 2.59 btc so..if BTC went back to 500 usd in 6 months I'd MAYBE
break even...take the equip cost off and the elec no way
and this is with my HEAT THE BASEMENT $$$ savings
sigh
If I BUY BTC now at 475 usd and the unit costs me my guess above of $1190 usd....that would be 2.5btc w/o the equip loss above and elec of $367 or .77btc
2.59btc -0.77btc with equip elec costs above again with my HEAT savings on winter home heat that is 1.82 btc vs again the 2.5btc I could just buy now
math is cruel
anyway I probably mucked up the above and all of the above is me being obviously very very bored...but at EVEN a 1000 usd price...you would still be down
around $308 usd loss on such a sp20 unit
anyway ugly ugly ....anyway those with better math fix/trash the above or whatever...but with my 'very blatant' guesses the ballpark figures as it were...
all to make a very nice cozy basement heated up (likely only the basement..mot like I can move the air..boiler heat) so the real savings above are also suspect..
but then again if I do get the miner I can strike back at the evil centralization of BFL/KNC and others ...strike my puny blow for decentralization!
yeah er sheesh
Searing