Topic: Announcement: Bitmain launches AntMiner solution, 0.68 J/GH on chip - page 98. (Read 368330 times)

Fair enough. Here's one interesting way to calculate your profits (by adjusting the difficulty increase per jump vs. lowering of difficulty increase per further jump)

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php

Mate, you don't have to show off like you be the teacher for every under educated people here. My comment don't reflect anything, it is just a opinion. Obviously you can't do a 100% calculation, if nobody knows how the difficulty will raise within the next 6 month. It's just a guessing game.

could be true, had this with a laser projector once, they did not even contact me. reason: missing CE certificates

Again, if you don't believe in your calculations, don't buy the miners. Trade other coins, currency, gold, go fishing, or whatever. Obviously this is an important thing to educate people with here on the forums.

Anyone from Bitmain reading this you have cancelled my order.

Please refund my Bitcoin and my coupon.

You can't compare with other business, cause other business can still run after 1 or more year, your miner is worthless within the timeframe of 4-6 month. So if you don't catch break even within 1-2 month, the last 3-4 month bring only 10-25% profit.

To invest in Bitcoins instead of miner is much more profitable, within the same timeframe.

Plenty of ROI from my AntMiners ordered between November - January.

You're not obliged to buy any units if you feel that you don't get ROI from these devices. There's another thread discussing this and with BITMAIN AntMiner S1's specifically, please look it up for more.

While many (if not most) believe what the various BTC ROI calculators freely available on the Internet predict, the fact that difficulty would rise tenfold during the coming months would also require more-than-massive investments from the Bitcoin community (or institutional investors, even a small country) to actually be able to deploy that much of new generation ASIC hardware. If that happens, you may be right. If it doesn't, you've been proven wrong. Even if you were right, you'll still be seeing better ROI than your average stock market investment (which is generally considered a success if +9% yearly.)

Others may think that this "sale" of Bitcoin due to the malleability -issue at rather low USD ($) prices is a chance to let you enter the mining domain at rather low cost versus what people have paid for their "pre-orders" (in the $6,000 - $15,000 USD range). If BTC value would skyrocket, you'd be in a rather healthy ballgame there.

Simple.

If you want to get rich quick, I wouldn't look into BTC mining, but something as buying raw BTC and trading those.

Mining is NOT a get rich scheme.   Tell me another business that will ROI  in under a year?   My projections have the antminers ROI sometime in may. and will make approx 50% profit on top of roi..  but that is my projections, based on some assumptions.


anyway.. name another business that has better returns?


ps.  I have roi'ed many times overs...  2 years ago buying a gpu would not ROI for at least 10 months.

 Does anybody know how long does it take to get an email order confirmation?  I Paid a few hrs ago. 

Yes, I think klondike_bar's point was that $6 per GH/s may be too pricey in an absolute sense; the timeframe to recover the initial investment is 'too long for comfort'. The longer the timeframe, the more risk is involved, and the less attractive the investment becomes.

Obviously this is a subjective call. Some will feel that 1.45 BTC for this device is too high; others will feel it is not. Neither camp is necessarily 'wrong', but it is important to understand that these are opinions. The fact that there is no clear concensus on this suggests that Bitmain has priced the product 'just right' for today's market. If everyone believed 1.45 BTC was too high, then Bitmain would have very few sales. If everyone thought 1.45 BTC was a bargain and started buying these things up like there was no tomorrow, then obviously Bitmain chose a price that is too low.

But here we have people with different opinions, suggesting that the price is just right. As the weeks progress, I expect future Antminer batches to be priced lower to reflect the reduced earnings potential due to increased difficulty. Clearly if the price doesn't go down in the future, sales will dry up as more people form the opinion that a 180GH/s 1.45 BTC device will not be able to mine 1.45 BTC in a 'reasonable timeframe'.

i do.
seems like my package has returned back to Honk Kong... no idea why, hope it is a mistake on DHL side.

#

Ok. So help me out with this hypothetical situation if you think that was pricey. Bob has $5k in his pocket right now. He wants to spend it on mining hardware. Please find Bob somewhere that he can get 800GH/s or more within 14 days. Not in April. Not in May. Alice's pockets are not quite as deep. She's got $1000... can you find 180 Gh/s that can be in hand within 14 days?

I guess if you think $6 (USD) per GH/s is too much then I can see your point...

Steeel dont received my order(( Bitman's shpping is very slow!!!(((

Sent by EMS to Ukraine, last tracking seen in china = 09.02.2014. Till today no information about pakage!(

Anybody have problems with deleivery?

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2621404453&dcosts=1200&diff_mincrease=20&blpbtc=25&dhsmhs=190000&diff_mincreasedecrease=0.1&btcusd=800&dpowcon=30&btcusd_mincrease=0&pcost=0.15&calcweeks=20&dleadtime=2&action=calc

You would be lucky to break even by the fall, and that isnt even considering the unincluded costs of cooling (generally estimated at 30-40% of the hardware power use)

In fact, here is a more reasonable graph, which assumes difficulty jumps averaging around 17-23%, where break-even does not occur until november:
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2621404453&dcosts=1200&diff_mincrease=25&blpbtc=25&dhsmhs=190000&diff_mincreasedecrease=2&btcusd=800&dpowcon=30&btcusd_mincrease=0&pcost=0.20&calcweeks=27&dleadtime=2&action=calc


unfortunately, I will be holding my BTC until a better priced option is available. 1.45BTC was a bit priey 2 weeks ago. in 2 weeks from now, its risky

made an order but not shipping till 28th.  Still ok with me. 

Can somebody ban this useless douchebag? It would be an upgrade of 100000% for the comunity.

He spread feedback for people he never do business with. Please admin, BAN stupid kids like  that!

Btw, you are /reported.

Thats like a guy in prison garb (equiv of your trust rating) walking into a Jaguar dealership and throwing a penny under the Manager's door and then complaining to the Better Business Bureau that the dealership didn't take your order or refund your penny.

Yup.  Makes total sense.  How about trolling elsewhere SupaScammer.

A glitch in the Matrix.

By all accounts and by their terms of service, your order should have been cancelled.

hi all,

any idea that S1 cgminer is upgrade able ?

You still missed the point, that you don't have an order, if you not pay full within 1 hour, right?