when the rewards halves will the value of the btc rise.
Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 2011. (Read 5352097 times)
September 23, 2015, 07:27:35 PM
September 23, 2015, 06:25:04 PM
I don't think this is the appropriate thread to discuss the SP50, but
I don't think the SP50 or the S7 will ROI before the halving...
All owners split the revenue after costs and in 12-18 months liquidate the hardware and distribute to all owners. This box is very profitable at .15j and power at .02kw
show me the ROI math. I can't see the machine to be profitable in a year even with 2 cent power from the calculators I've tried.I don't think the SP50 or the S7 will ROI before the halving...
Really depends on price, I did the math at 45K for the box, if its closer to the 75K, then you are correct on the ROI. Lets see if they reply to me on pricing or anyone for that matter. Checking with a few people I know that run 500+th farms to see if they have got any indication of price.
Hey Guys...let's not bicker. I wanna see numbers!! To coin a movie phrase, "Show me the money".!! I would be willing,,,if the numbers come out close. But...if I get no ROI within 3 mo....well, it's not worth it. With new tech, it doesn't take long before those that can afford jump on board and the diff jumps with them. It's really is a matter of, the first ones there make the most. That being said, if you have the power (elec) I'm willing to contribute.
Let me know,
edit: one other thing....the HASHRATE stays here!!
September 23, 2015, 05:21:52 PM
Payout 375717 sent
356143269288ebb8fe18d159e4a1f3ae0a8fbe3859c6150cac01c11887fb4160
and confirmed
356143269288ebb8fe18d159e4a1f3ae0a8fbe3859c6150cac01c11887fb4160
and confirmed
September 23, 2015, 04:34:07 PM
Block! We always seem to make up lost ground 
Freaking awesome! Nice to have a three block day for sure! Let Hit another one!!!!!
September 23, 2015, 03:42:55 PM
Furry nice!
September 23, 2015, 03:03:12 PM
Block! We always seem to make up lost ground
September 23, 2015, 01:50:37 PM
At $0.02 per KW, you are profiting on average $320.00 per month for each S7
You have to recoup your initial "investment" (purchase price of hardware + psu) before you see any profit. Even with 2 cent power (which is rare in and of itself) you won't see profit for over a year. That's why I mention ROI even at low power rates. New hardware purchased at retail price just doesn't make any sense right now.Most people however can buy the new stuff, mine for 6 months, sell and then they are already at 50%+ Profits. I still don't see how you won't see profits for a year.
At a monthly profit of $320 that's 5.5months until ROI. Even at higher average Diff, it will be 7-8 months at the worst.
Also let's not forget Bitcoin prices. Right now they are low. When (and I mean WHEN) they head back up. profitability inreases by a ton.
Gotta pay to play.
September 23, 2015, 01:33:43 PM
I wonder if the SP50 comes with a fork lift just a thought
September 23, 2015, 01:25:45 PM
At $0.02 per KW, you are profiting on average $320.00 per month for each S7
You have to recoup your initial "investment" (purchase price of hardware + psu) before you see any profit. Even with 2 cent power (which is rare in and of itself) you won't see profit for over a year. That's why I mention ROI even at low power rates. New hardware purchased at retail price just doesn't make any sense right now. September 23, 2015, 01:04:46 PM
I don't understand why people complain about the ROI even at low power rates.
At $0.02 per KW, you are profiting on average $320.00 per month for each S7 (more if you rent out or use good pools and have good luck). Yes difficulty is going up, but even then, mine for 6 months, sell after than for at least 1/2 your cost and you've made a good Profit.
Difficulty will not be jumping up at a constant 10% which people seem to be panicking about. That's just absurd. If anything it will average out a few % per month over a year.
You've still made a bunch of money for absolutely no work, other than sit on your butt..
:Shrug:
At $0.02 per KW, you are profiting on average $320.00 per month for each S7 (more if you rent out or use good pools and have good luck). Yes difficulty is going up, but even then, mine for 6 months, sell after than for at least 1/2 your cost and you've made a good Profit.
Difficulty will not be jumping up at a constant 10% which people seem to be panicking about. That's just absurd. If anything it will average out a few % per month over a year.
You've still made a bunch of money for absolutely no work, other than sit on your butt..
:Shrug:
September 23, 2015, 12:53:53 PM
I don't think this is the appropriate thread to discuss the SP50, but
I don't think the SP50 or the S7 will ROI before the halving...
All owners split the revenue after costs and in 12-18 months liquidate the hardware and distribute to all owners. This box is very profitable at .15j and power at .02kw
show me the ROI math. I can't see the machine to be profitable in a year even with 2 cent power from the calculators I've tried.I don't think the SP50 or the S7 will ROI before the halving...
Really depends on price, I did the math at 45K for the box, if its closer to the 75K, then you are correct on the ROI. Lets see if they reply to me on pricing or anyone for that matter. Checking with a few people I know that run 500+th farms to see if they have got any indication of price.
September 23, 2015, 12:48:03 PM
I don't think this is the appropriate thread to discuss the SP50, but
I don't think the SP50 or the S7 will ROI before the halving...
All owners split the revenue after costs and in 12-18 months liquidate the hardware and distribute to all owners. This box is very profitable at .15j and power at .02kw
show me the ROI math. I can't see the machine to be profitable in a year even with 2 cent power from the calculators I've tried.I don't think the SP50 or the S7 will ROI before the halving...
September 23, 2015, 12:30:48 PM
So anyone want to guess on the price of the new SP50 from Spondoolie? I have emailed them for a price, but nothing back yet. I'm guessing 45-50K based on cost per gh and the S7 as a baseline. Anyone know more about this miner's cost? Its 1/3 more efficient then the S7 at .15j
I doubt it'll be under $75K to start. Besides it is only for 'Bulk Customers', so no single unit sales.
At that price I wonder what bulk order is, 10 units? 5 units? Anyone want to go in on 10 units, I know a guy in Venezuela that has space and power at .02 kw. Maybe form a investment club, 50K per unit and sell 50 units. All owners split the revenue after costs and in 12-18 months liquidate the hardware and distribute to all owners. This box is very profitable at .15j and power at .02kw
Just thinking out loud
September 23, 2015, 12:20:30 PM
So anyone want to guess on the price of the new SP50 from Spondoolie? I have emailed them for a price, but nothing back yet. I'm guessing 45-50K based on cost per gh and the S7 as a baseline. Anyone know more about this miner's cost? Its 1/3 more efficient then the S7 at .15j
I doubt it'll be under $75K to start. Besides it is only for 'Bulk Customers', so no single unit sales.
September 23, 2015, 10:48:53 AM
So anyone want to guess on the price of the new SP50 from Spondoolie? I have emailed them for a price, but nothing back yet. I'm guessing 45-50K based on cost per gh and the S7 as a baseline. Anyone know more about this miner's cost? Its 1/3 more efficient then the S7 at .15j
September 23, 2015, 09:38:20 AM
Definitely the rubber chicken
Rubber chicken does it again 
... and beasters - his 3rd block found for the pool
Wouhouuu!! ub14 did it! Proud of him. I'm going to give him some attention tonight, he deserves it.
And I'm going to ask him to talk to my still-running S1's to hit a block on the solo pool.
September 23, 2015, 09:35:45 AM
Definitely the rubber chicken
Rubber chicken does it again ... and beasters - his 3rd block found for the pool
A nice B-day present would be 2 or 3 more blocks (before my rented hash ends today), with me finding 1...
September 23, 2015, 09:19:47 AM
Well I send them out soon after I can use the BTC from the block, 101 confirms.
But if I'm asleep - yep has to wait until I wake up
I often stay up an extra hour or 2 to do a payout, but if it ends up being after ~2am it usually has to wait.
These 2 will both certainly be during my awake hours
But if I'm asleep - yep has to wait until I wake up
I often stay up an extra hour or 2 to do a payout, but if it ends up being after ~2am it usually has to wait.
These 2 will both certainly be during my awake hours
Sweet glad to know. I don't wanna keep you up though... Sleep is always a good thing! Maybe we can hit a third for the day that would be awesome!
September 23, 2015, 08:51:29 AM
Well I send them out soon after I can use the BTC from the block, 101 confirms.
But if I'm asleep - yep has to wait until I wake up
I often stay up an extra hour or 2 to do a payout, but if it ends up being after ~2am it usually has to wait.
These 2 will both certainly be during my awake hours
But if I'm asleep - yep has to wait until I wake up
I often stay up an extra hour or 2 to do a payout, but if it ends up being after ~2am it usually has to wait.
These 2 will both certainly be during my awake hours
September 23, 2015, 08:09:47 AM
Definitely the rubber chicken
Rubber chicken does it again ... and beasters - his 3rd block found for the pool
I know was awesome to see that block come up so quick. Always makes up for the long ones for sure. Will we get s double pay out today for the two blocks found? Or will it be one today one tomorrow. Just wondering. going to use my earnings to purchase another miner LOL. Just need another 5 bucks worth. Then I will pointing another 1ths towards the pool.
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