So we just had almost a 20% rise in difficulty. Still early on this one but how many here think preordering an s3 for Sept 20 Ship date ( not delivered ) is going to still be a good buy? I am not going to argue if the s3 is the best option, asking who here thinks it will likely break even?
Sure anything can happen but would you say you will see a profit at .58 per s3 if.
Just had a 20% dif increase
If this next one ends up being ~ 20%
The next ends up being 20%
and the one just after receiving the s3 unit ends up being 20%
Still thinking .58 btc is a good price?
You can tell by the way I have worded it I don't think there is a prayer, but welcome anyone that wants to pose thoughts on the scenario above.
Personally with Winter coming the s3 byproduct is useful to me for the next 5 months, I have decent electric costs, I don't even mind breaking about even as I believe one day something major will break and I am content accumulating btc as a hobby instead of buying it direct with usd.
Just curious on what others think.
Thanks in advance.
Hey if you want to include you own scenario great!
My problem is I don't think people realize how much even a few weeks means to roi.
I really think it has a lot to do with your reinvestment strategy and personal situation.
I'm calculating based on the exponential rising average of 20%. I think this is a pretty solid model through Dec. 2014.
I don't think that now is the best time to be purchasing hardware, but I think the chance of the future being any brighter is nigh impossible.
Adding two B8 S3+ units to my farm doesn't pose much of a threat to my income at current difficulties and carries the possibility of adding an extra .8BTC to my wallet after ROI by Christmas.
I'm counting on a few things:
1) BMT ships on time.
2) 20% rises.
3) Existing power supply.
If the price of BTC skyrockets above $650 before BMT ships, then I probably would have been better trading to fiat and purchasing BTCGarden equipment that ships now.
That was the case a few weeks ago when BTCGarden was still selling at .85/GH and prices were up.
I've heard about Spondoolies daily production rate, Black Arrow getting back in the game, FC shipping tubes and new 22nm chips that are going to crush us.
I still think none of this will come to fruition for another few months.