Thanks Dave, Punin, Bitfury, cscape, and everyone else involved with realizing this project. Very exciting times !
Wow, I hope this works out for you with the insane difficulty increases that are coming. Let the record show that with that 16k you could have bought over ~133 BTC at $120 each. Do you honestly think these units will ever mine over 133 BTC?
I don't think he cares. He's bought a crap load of USB eruptors in the past so I don't think ROI is important for him and it's probably more a pricy hobby.
You guys are funny. Even with the genesis blocks ridiculous assumption of a linear growth with difficulty. A positive ROI is almost guaranteed with Bitfury, as long as BTC stays above $100 and delivery of Oct units happens early Oct.
Didn't they already say delivery of October units would probably be in very late October? I don't think there is any reason at all to presume October units will ship in early October, although I would love to be proven wrong.
And even if difficulty is not linear, it could very well increase even more steeply for some time before it starts to flatten out.
Exactly. If KncMiner delivers as promised, which is yet to be seen, they alone will add an absurd amount of hashrate to the network in September and October.
If you add up all the hashpower added by KncMiner, BitFury, AsicMiner, BFL, and Avalon, I would not be surprised if the difficulty was over 1 billion by the end of the year and that doesn't even include some of the new darkhorse startups like Cointerra and HashFast.