Hashfast is in production, Chips in hand running .7th a chip. I assume here shortly when all the rigs start arriving to the customers difficulty will skyrocket. Cointerra isn't far behind and hashfast promised march.
I also assume that is why the companies keep changing up hardware. Rather than continue to sell what they have at a lower price, they let the customers finance the next project that they can make a huge margin on instead of selling the existing hardware at a reasonable profit.
Topic: Is it worth to buy a 3TH miner (10BTC)? - page 2. (Read 3742 times)
It depend on when you get it, if it delays for more than 6 months, it seems not worth for it.
6 months? You are joking right. You wait the next 6 months for any bitcoin mining equipment currently being advertised and you might as well stick in straight in the dumpster when it arrives.
It depend on when you get it, if it delays for more than 6 months, it seems not worth for it.
Hi All,
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
Well, a lot of people clearly believe that it is - look at how much money KNC took for their (overpriced) 20nm machine. You can do the sums yourself - just extrapolate the difficulty forward to April, May etc and then you can make your own estimate of profitability. From various figures I've seen, you might just get your money back in 5 - 6 months, after that is anyone's guess.
Of course, there could be a major rise in Bitcoin's value as more and more people adopt it?
This 'advice' really doesn't help you much, does it? Ultimately it's you that has to make the call.
Exactly. It has to be your call. You could lose money (btc), you could gain. Nobody knows ....
Hi All,
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
Well, a lot of people clearly believe that it is - look at how much money KNC took for their (overpriced) 20nm machine. You can do the sums yourself - just extrapolate the difficulty forward to April, May etc and then you can make your own estimate of profitability. From various figures I've seen, you might just get your money back in 5 - 6 months, after that is anyone's guess.
Of course, there could be a major rise in Bitcoin's value as more and more people adopt it?
This 'advice' really doesn't help you much, does it? Ultimately it's you that has to make the call.
Hi All,
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
The difficulty will rise significantly in two months, that's guaranteed. I doubt you will get your BTC back
dont do any pre-orders ... stay safe
If you receive it until march 1st it's quite profitable, but yes, it only takes one month delay to be a huge loss.
http://mining.thegenesisblock.com/a/68a8fc03e4
http://mining.thegenesisblock.com/a/68a8fc03e4
Thank you guys. I just had a rough check in http://bitcoinwisdom.com/bitcoin/calculator; it is completely nonprofitable unless the machine arrives in a month.
I think, in 2 months, there are going to be so many 2-3 TH/s units out there that the difficulty is going to be so high, that it's not going to be as profitable as you think. Just need to think how long it's going to take to get a ROI.
IF you got it in 2 months it probably means all the other big hardware will also be out there hashing away also. I think it would NOT be worth it.
Hi All,
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
I am wondering if it is still profitable to buy a 3TH miner (10BTC) right now, and receive it in two months or so. Looks like there are lots of TH miners already out there. The difficulty could rise rapidly two months later. Thank you for your advice.
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