Author

Topic: Future of Mining GH/S Cost? (Read 2505 times)

full member
Activity: 226
Merit: 100
November 14, 2013, 09:02:31 PM
#14
Am I wrong in math?  February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining  (Even Bitcoin went up to $400)?

I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to.

Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun.  Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.)

Where the average home and office space miners would be in early 2014?  60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. 

OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone?





What difficulty increment did you put? Cause even 5$ per GH/s seems to break even on my calculation...
hero member
Activity: 502
Merit: 500
November 14, 2013, 07:17:29 AM
#13
Am I wrong in math?  February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining  (Even Bitcoin went up to $400)?

I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to.

Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun.  Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.)

Where the average home and office space miners would be in early 2014?  60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. 

OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone?





I believe so, but they are selling at 2$ per GH/s for Feb 2014....
sr. member
Activity: 275
Merit: 250
November 14, 2013, 05:41:50 AM
#12
May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..

There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor.

The problem is the difficulty is still on the rise, I am guessing they are "testing" their customer's product before shipping it...
member
Activity: 85
Merit: 10
November 13, 2013, 02:28:19 PM
#11
May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..

There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor.

I agree with that too.
full member
Activity: 163
Merit: 100
November 13, 2013, 01:01:28 PM
#10
May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..

There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor.
full member
Activity: 196
Merit: 100
November 13, 2013, 07:51:49 AM
#9
Future of hashrate / sec is really great.
sr. member
Activity: 420
Merit: 250
November 13, 2013, 07:50:22 AM
#8
May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..
full member
Activity: 210
Merit: 100
November 12, 2013, 09:02:59 AM
#7
Yeap and we are already looking at a 10% str increase incoming, will be more then likely 15-20% by the time change over comes as the 2nd shipment of KNC miners has gone out yesterday.
sr. member
Activity: 420
Merit: 250
November 12, 2013, 07:30:59 AM
#6
It should be 3$ per GH/s. so cex is overpriced...
member
Activity: 85
Merit: 10
November 12, 2013, 05:45:43 AM
#5
May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.
full member
Activity: 210
Merit: 100
November 12, 2013, 03:28:12 AM
#4
At the current moment, a Bitcoin mining contract is only $10 per Gh/s at http://www.BitcoinForSale.net

I would like to know if anyone actually has a running contract with these guys yet cause that price isn't bad. Thats less then 1/3 of the GH price on cex.
legendary
Activity: 1582
Merit: 1000
November 12, 2013, 12:34:51 AM
#3
At the current moment, a Bitcoin mining contract is only $10 per Gh/s at http://www.BitcoinForSale.net
sr. member
Activity: 322
Merit: 250
November 10, 2013, 05:21:37 AM
#2
2$ per GH/s should be lowest for coming months... 1$ per GH/s might have to wait for 2014 End...
full member
Activity: 238
Merit: 100
ASIC Myth Buster
November 10, 2013, 03:49:20 AM
#1
Am I wrong in math?  February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining  (Even Bitcoin went up to $400)?

I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to.

Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun.  Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.)

Where the average home and office space miners would be in early 2014?  60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. 

OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone?



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