http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&_nkw=bitcoin+miner&rt=nc&LH_BIN=1
I just looked that up. Yes it is 0.39 USD per GH/s but then I would have to add delivery costs.
Plus, I then have to buy a 750W PSU, a gold rated one probably as I wouldn't want something that was going to blow up after a few weeks
My electricity costs where I live are 0.23 USD per KWH. So after looking at that, I would be making a loss each day as my electricity costs would be more than the Bitcoin I am mining on the Mining Rig. This is why cheap electricity is essential.
So for me, mining 1TH with Genesis Mining is a far better option. 400 Day ROI, who cares, it's a lifetime contract and right now Bitcoin value is quite low, I think it will get higher so ROI time will get less and less and if it is 400 days or more, I don't care, I am in this for the longterm.
BTW, go and buy that Antminer S5, do some research first, find out your electricity costs, ask your loved ones if they don't mind having the noise of it on all day long and also the heat, hope you get sufficient cooling etc.
Good luck
Ian
Unreachable for unreachable I prefer to buy a real hardware than sponsoring a team of kids doing virtual mining.
"400 Day ROI, who cares, it's a lifetime contract", so funny. I bet with you that 100 days from now the ROI will become 600 days then 200 days from now they will stop your contract because fees will be more expensive than income. In the end your return will be less than 50%... who cares yes
And tell me why don't they mine for themselves if they trust their business ?
And can they show us their mining Bitcoin address to check their real hashrate. Why don't they provide realtime hashrate, blocks found..., like every pool is able to do ?