I think people genuinely get stuck on the idea of... well I paid $1300 for this magic box, as long as I get that back in BTC value i'm doing ok. And they ignore what else they could have done with that same money.
One of the main reasons I jumped on an August kit was my hope that if it comes before the September bloodbath, at least I have a little extra chance at ROI. I also have bought and held the same value in BTC as a sorta experiment, we shall see how things turn out in Aug 2014.
However, this will be the last I say on the subject in this thread. I think too many of these ASIC buy threads have turned into ROI fights, and while a valid concern, isn't what this particular thread is about.
Topic: [ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING*** - page 244. (Read 576776 times)
July 10, 2013, 12:53:01 PM
July 10, 2013, 12:46:18 PM
I've been doing all of my calculations based on 150 mil difficulty, and I'm all good. 
But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.
But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.Wow, Is this for real? You'll need like 1 Th/s to make any sort of $ unless the price of bitcoin goes up to $400. I'm kind of thinking that it's just to late to get in the mining game. You need like $40,000.
Can anyone advise me and if it's a good Idea to get just a starter kit? I have one ordered and paid for but now I'm having second thoughts.
Part of me thinks that these calculators are inaccurate to discourage new miners from starting.
The price of bitcoin is of NO CONSEQUENCE to profitability. When are people going to understand this?? Price is a constant when it comes to ROI because it's a spot traded currency and you always have the option of buying and holding BTC instead of purchasing mining equipment.
Preach it brother!
July 10, 2013, 12:26:45 PM
I've been doing all of my calculations based on 150 mil difficulty, and I'm all good. But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.
But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.Wow, Is this for real? You'll need like 1 Th/s to make any sort of $ unless the price of bitcoin goes up to $400. I'm kind of thinking that it's just to late to get in the mining game. You need like $40,000.
Can anyone advise me and if it's a good Idea to get just a starter kit? I have one ordered and paid for but now I'm having second thoughts.
Part of me thinks that these calculators are inaccurate to discourage new miners from starting.
The price of bitcoin is of NO CONSEQUENCE to profitability. When are people going to understand this?? Price is a constant when it comes to ROI because it's a spot traded currency and you always have the option of buying and holding BTC instead of purchasing mining equipment.
July 10, 2013, 11:06:34 AM
As far as I know, no one can see into the future. We can just speculate and use past history as a model for future events. That said, you can use math to run a monte carlo simulation to see what some simple variations of value, difficulty and time can have on an investment. From there only you can decide if you want to take the risk based on your interpretation.
I typicaly start with this Calculator http://www.coinish.com/calc/# to make some rough esimates.
I typicaly start with this Calculator http://www.coinish.com/calc/# to make some rough esimates.
July 10, 2013, 10:54:32 AM
I've been doing all of my calculations based on 150 mil difficulty, and I'm all good. But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.
But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.Wow, Is this for real? You'll need like 1 Th/s to make any sort of $ unless the price of bitcoin goes up to $400. I'm kind of thinking that it's just to late to get in the mining game. You need like $40,000.
Can anyone advise me and if it's a good Idea to get just a starter kit? I have one ordered and paid for but now I'm having second thoughts.
Part of me thinks that these calculators are inaccurate to discourage new miners from starting.
July 10, 2013, 10:18:48 AM
Come September it's going to be a bloodbath 
July 10, 2013, 10:00:19 AM
I've been doing all of my calculations based on 150 mil difficulty, and I'm all good. But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.
But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.Did you see the thread with the pictures of all the Avalon chips ready to go? http://imgur.com/a/GR0e3
That, with the Bitfury chips and possibly KnCminer in September. I think 150MM difficulty might be a bit conservative.
July 10, 2013, 08:09:03 AM
I've been doing all of my calculations based on 150 mil difficulty, and I'm all good. But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August.
But I'm anticipating 150 in late Sept. I'm guessing 60 mil difficulty by the end of August. 
July 10, 2013, 05:59:03 AM
countdown 50days 
to the end of August 
it'll be a hot summer thx God I don't use banks (got my dealer
to the end of August it'll be a hot summer thx God I don't use banks (got my dealer 50 days and diff at 150mil, nooooooooooooooooooooooooooooooooooooooooooooooooooooo
July 10, 2013, 05:32:58 AM
countdown 50days to the end of August it'll be a hot summer thx God I don't use banks (got my dealer
to the end of August it'll be a hot summer thx God I don't use banks (got my dealer July 10, 2013, 05:19:44 AM
I've always liked GT-R, especially R32, if money was no object then the new R35 for sure. Not sure if you guys know in the USA but I used to have a 1991 Nissan GTi-R aka baby Godzila, was based on the Pulsar/Sunny floorplan but with 2 doors and came with 4WD and a turbo'd 2litre that had about 240hp stock at 1260kg, obviously I never kept it standard and did all the usual mods.
Not to tie up this thread, HURRY UP and give me my ASIC god dammit
Not to tie up this thread, HURRY UP and give me my ASIC god dammit
July 10, 2013, 04:54:07 AM
I can't support you if you buy from another customer, sorry. It just gets to be too much to try to handle it. If you come to an agreement its between you guys. It causes a problem if you want to return it, or especially if you want to get refunded. The guy you bought it from won't hold onto your money for you...probably a one-way sale.
[EDIT] I won't ship to you directly either. Product has to go first to my customer who then has to ship it to you. Hope you guys understand...sorry about your head gasket, that shit never happens with good timing.
[EDIT] I won't ship to you directly either. Product has to go first to my customer who then has to ship it to you. Hope you guys understand...sorry about your head gasket, that shit never happens with good timing.
Totally understand Dave i will retract my offer and continue as normal and just have to suck it up and smash
my creditcard harder in debt
Bad timing indeed, my last car was a mitsibishi Evo 7 blew a conrod out the block now that is bad luck, well dosent help when
your almost at 30psi of boost, Kaboooom
July 10, 2013, 03:36:12 AM
I can't support you if you buy from another customer, sorry. It just gets to be too much to try to handle it. If you come to an agreement its between you guys. It causes a problem if you want to return it, or especially if you want to get refunded. The guy you bought it from won't hold onto your money for you...probably a one-way sale.
[EDIT] I won't ship to you directly either. Product has to go first to my customer who then has to ship it to you. Hope you guys understand...sorry about your head gasket, that shit never happens with good timing.
[EDIT] I won't ship to you directly either. Product has to go first to my customer who then has to ship it to you. Hope you guys understand...sorry about your head gasket, that shit never happens with good timing.
Totally understand Dave i will retract my offer and continue as normal and just have to suck it up and smash
my creditcard harder in debt
Bad timing indeed, my last car was a mitsibishi Evo 7 blew a conrod out the block now that is bad luck, well dosent help when
your almost at 30psi of boost, Kaboooom
July 10, 2013, 03:25:34 AM
I can't support you if you buy from another customer, sorry. It just gets to be too much to try to handle it. If you come to an agreement its between you guys. It causes a problem if you want to return it, or especially if you want to get refunded. The guy you bought it from won't hold onto your money for you...probably a one-way sale.
[EDIT] I won't ship to you directly either. Product has to go first to my customer who then has to ship it to you. Hope you guys understand...sorry about your head gasket, that shit never happens with good timing.
[EDIT] I won't ship to you directly either. Product has to go first to my customer who then has to ship it to you. Hope you guys understand...sorry about your head gasket, that shit never happens with good timing.
July 10, 2013, 03:13:56 AM
offer your pre-orders on ebay for 8k usd 
An Americans spirits buy and sell
An Americans spirits buy and sell Hahahha i should join the 100's of BFL ebay pre-oders
July 10, 2013, 03:11:09 AM
For those that missed out on a August delivery I have 4 x 25GH units on order, order number is < 40. I might be able to part with 1 or all 4 if the PRICE/OFFER is right, will depend on what happens with my mechanic, suspected blown headgasket, wont know for a few days when I get the report.
PM if interested and will provide any details you need to verify with Dave
PM if interested and will provide any details you need to verify with Dave
dude, dave should just cancel your order for doing this
July 10, 2013, 02:57:52 AM
offer your pre-orders on ebay for 8k usd An Americans spirits buy and sell
An Americans spirits buy and sell July 10, 2013, 02:52:05 AM
So the website is gone now... well I guess your bitcoins are now up in smoke
use https://
It changed to secure....
I was freakin out the last 24hours as well, kept getting the hosting page and thought this is not right, starting to google Dave whereabout's in the Bahamas sipping on single malt scotch with all our $$$
July 10, 2013, 02:43:21 AM
For those that missed out on a August delivery I have 4 x 25GH units on order, order number is < 40. I might be able to part with 1 or all 4 if the PRICE/OFFER is right, will depend on what happens with my mechanic, suspected blown headgasket, wont know for a few days when I get the report.
PM if interested and will provide any details you need to verify with Dave
PM if interested and will provide any details you need to verify with Dave
July 10, 2013, 02:30:40 AM
Nice Dave bur everything is Out Of Stock, and folks do not look forward to buy DIY Oct. board
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