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Topic: Is every one getting ASIC ? - page 2. (Read 2248 times)

newbie
Activity: 25
Merit: 0
September 27, 2013, 12:51:13 PM
#36
Bitfury-based ASICs do have a positive ROI. At least they did at the beginning of this month. I remember the times when there was a preorder on them and the price was 2000$ for 120Gh\s. If I only knew that the guys deliver, I would definitely order one or two of them back then. Now it's probably too late to do that.

There's still a possibility, though, to buy some Bitfury chips and PCBs and do the soldering on your own.
hero member
Activity: 501
Merit: 500
September 27, 2013, 12:36:54 PM
#35
Or normal rig ?

ASICs are only good for the people selling them. The current on the market have no ROI, the future will have no ROI once they start shipping

Yes they have a ROI, but a negative ROI.

If you are going to use basic finance terms, at least learn what they mean: http://www.investopedia.com/terms/r/returnoninvestment.asp

But if the difficulty increase stops next year as I believe, you can mine BTC back if you mine long enought. Thus positive ROI I cant rule out Wink
legendary
Activity: 1148
Merit: 1018
September 27, 2013, 12:01:18 PM
#34
Or normal rig ?

ASICs are only good for the people selling them. The current on the market have no ROI, the future will have no ROI once they start shipping

Yes they have a ROI, but a negative ROI.

If you are going to use basic finance terms, at least learn what they mean: http://www.investopedia.com/terms/r/returnoninvestment.asp
rpg
hero member
Activity: 728
Merit: 500
September 27, 2013, 12:00:05 PM
#33
ASICs are not proper for individuals to mine

explain please , also im a qualified micro components electrician so please explain why Asic is no good ?

the community has been ripped off by ASIC manyfacturers. Those are the one that are making a killing on Bitcoins. Every ASIC on the market WILL NEVER MAKE ROI!!!!! Stay away from pre-order ASICs, you will be ripped off and fill the pockets of techno thief's.

newbie
Activity: 46
Merit: 0
September 27, 2013, 04:20:00 AM
#32
Not everyone is getting to ASIC but buying a share to buy an ASIC that's it! Look at the Group Buy section.
newbie
Activity: 56
Merit: 0
September 27, 2013, 04:11:35 AM
#31
ASICs are not proper for individuals to mine

explain please , also im a qualified micro components electrician so please explain why Asic is no good ?
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
September 27, 2013, 03:48:32 AM
#30
ASICs are not proper for individuals to mine
sr. member
Activity: 341
Merit: 250
September 27, 2013, 03:25:49 AM
#29
Finished mining SHA256 for good, its a rat race !
legendary
Activity: 1092
Merit: 1000
nahtnam.com
September 27, 2013, 12:52:53 AM
#28
With this difficulty it's only asics, with a few GPU's here and there...
legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
September 26, 2013, 11:10:15 PM
#27
Try Playing with different rigs at http://mining.thegenesisblock.com/a/467edee567

You can change electricity price cost and hash rates when you start mining etc
this is  free power BTC always goes up 2% a month a 0% fee pool
just about everything is going your way and it still never pays off.

on the other hand I thinks its more fun that soda popcorn and a movie and cost less at full price.
newbie
Activity: 32
Merit: 0
September 26, 2013, 10:28:58 PM
#26
If i put 3 grand for a CPU graphic card mining rig , would i be able to get my cost back in half year?

Never ! its all custom made asic miners now[sic]

Just gave MM a [sic]. Anybody else want asic[sic].

whats a [sic] ? forgive my ignorance lol

+1
newbie
Activity: 56
Merit: 0
September 26, 2013, 08:26:05 PM
#25
If i put 3 grand for a CPU graphic card mining rig , would i be able to get my cost back in half year?

Never ! its all custom made asic miners now[sic]

Just gave MM a [sic]. Anybody else want asic[sic].

whats a [sic] ? forgive my ignorance lol
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
September 26, 2013, 08:18:56 PM
#24
If i put 3 grand for a CPU graphic card mining rig , would i be able to get my cost back in half year?

Never ! its all custom made asic miners now[sic]

Just gave MM a [sic]. Anybody else want asic[sic].
newbie
Activity: 56
Merit: 0
September 26, 2013, 08:09:36 PM
#23
If i put 3 grand for a CPU graphic card mining rig , would i be able to get my cost back in half year?

Never ! its all custom made asic miners now
newbie
Activity: 32
Merit: 0
September 26, 2013, 08:06:14 PM
#22
Do the calculations man. It's simple math. What model processor/GPUs are you looking to buy? See what others have reported their hash rates to be. Figure out your total hash rate and use a profitability calculator to figure out how much you will make per day. Divide that amount into the total amount of money you want to spend on your rig and you will have figured out how many days ROI will take.

But I can tell you, spending $3,000 on computer to be used for mining sounds like you are being ripped off or not building it yourself (Unless you are getting some bad ass GPUs). I highly suggest buying the parts separately and building the rig yourself as you will save a lot of money doing that.

Just my two cents. I hope my message didn't convey a sarcastic or negative tone. I was merely trying to say that there are ways of figuring our ROI without having others do the math for you Smiley
legendary
Activity: 1120
Merit: 1001
September 26, 2013, 07:50:40 PM
#21
you'll never recover your money from all ASIC being shipped today. ASIC are only good for the people selling them. Think how many thousands of ASICMiner eruptors were sold at 2 BTC. Those people will never recover their money, but the people selling them are still laughing on their way to the bank. If you want to buy a ASIC to run as a hobby fine. If you're thinking in making money forget it

what about 1 year ?
member
Activity: 64
Merit: 10
September 26, 2013, 07:44:31 PM
#20
Probably not.
legendary
Activity: 1120
Merit: 1001
September 26, 2013, 07:43:54 PM
#19
If i put 3 grand for a CPU graphic card mining rig , would i be able to get my cost back in half year? or in one year? what you think/
newbie
Activity: 56
Merit: 0
September 26, 2013, 06:59:46 PM
#18
I still don't get how a GPU miner at maybe $80 used for 400MH/s is better than a $18 ASIC miner that runs at 333 MH/s??

$200/GH vs. $54/GH

How do you justify the GPU being cheaper?  Even if you resell the GPU, you would eat at least the $54/GH ASIC cost in depreciation.  GPUs use a lot more power as well.

This is all assuming you're mining a SHA-256 coin. 


because you're mining ALTs at 4 times++++ BTC profitability. Next BTC diff is 200 million and who knows what the next will be, perhaps 260 million. A USB Eruptor will give you 0.00007513 BTC per day. With a 400 Meg GPU you make .01 BTC per day. Get the point? ASIC are out of ALTs (so far)

I disagree , im running my GPU and getting 210Mhash/s and the rewards are small , i run 2x asic miners @336.8 direct in the motherbaord and my rewards are much much higher , still rubbish of course but i cant wait to stop useing my GPU, and run some heavy mining gear when the price falls though the floor on the BFL systems , been watching ebay for 3 weeks now and they just keep getting cheaper. just my opinion guys
hero member
Activity: 686
Merit: 500
September 26, 2013, 03:34:17 PM
#17
If you have free electricity, you can try mining with a graphics card, but the probability of success will be quite low. You can still join a pool, but your returns are expected to diminish greatly over time. That is, of course, unless you have a unthinkable number of graphics cards that you picked up for free as well.

Yes, free electricity and free very expensive graphic cards, otherwise not worth the time.

pretty much. those days are over!
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