No mining hardware is worth buying - page 2.

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: torry28 on November 03, 2013, 09:06:01 AM

Quote from: rpg on October 30, 2013, 10:10:43 AM

Quote from: rampalija on October 30, 2013, 09:52:16 AM

Quote from: utarinues on October 30, 2013, 09:45:29 AM

Quote from: SquallLeonhart on October 30, 2013, 09:42:22 AM

There is, just wait until the ASIC war is over and the difficulty stay the same

True, might happen next year (late probably).

Worth the wait, the 1 TH miners will cost like GPU

It will never ROI

what everyone seems to forget is that for the diff to double from here it requires 4000 1T machines. Its not going to happen as fast as most people thinks

BFL alone estimates they can make 1000 Monarchs/day. So could happen in just one week sometimes early next year

BFL estimates are usually very accurate...

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: rpg on October 30, 2013, 10:10:43 AM

Quote from: rampalija on October 30, 2013, 09:52:16 AM

Quote from: utarinues on October 30, 2013, 09:45:29 AM

Quote from: SquallLeonhart on October 30, 2013, 09:42:22 AM

There is, just wait until the ASIC war is over and the difficulty stay the same

True, might happen next year (late probably).

Worth the wait, the 1 TH miners will cost like GPU

It will never ROI

what everyone seems to forget is that for the diff to double from here it requires 4000 1T machines. Its not going to happen as fast as most people thinks

BFL alone estimates they can make 1000 Monarchs/day. So could happen in just one week sometimes early next year

derpcoin

member

Activity: 85

Merit: 10

Yes I will stop mining just to reduce the competition and have a short minded blow out.

rampalija

full member

Activity: 154

Merit: 100

Quote from: rpg on October 30, 2013, 10:10:43 AM

Quote from: rampalija on October 30, 2013, 09:52:16 AM

Quote from: utarinues on October 30, 2013, 09:45:29 AM

Quote from: SquallLeonhart on October 30, 2013, 09:42:22 AM

There is, just wait until the ASIC war is over and the difficulty stay the same

True, might happen next year (late probably).

Worth the wait, the 1 TH miners will cost like GPU

It will never ROI

what everyone seems to forget is that for the diff to double from here it requires 4000 1T machines. Its not going to happen as fast as most people thinks

every new miner who comes to mine BTC is taking a pice of your pie, and what is wilth ppl whoose ordered mineres are still in delivery

rpg

hero member

Activity: 728

Merit: 500

Quote from: rampalija on October 30, 2013, 09:52:16 AM

Quote from: utarinues on October 30, 2013, 09:45:29 AM

Quote from: SquallLeonhart on October 30, 2013, 09:42:22 AM

There is, just wait until the ASIC war is over and the difficulty stay the same

True, might happen next year (late probably).

Worth the wait, the 1 TH miners will cost like GPU

It will never ROI

what everyone seems to forget is that for the diff to double from here it requires 4000 1T machines. Its not going to happen as fast as most people thinks

rampalija

full member

Activity: 154

Merit: 100

Quote from: utarinues on October 30, 2013, 09:45:29 AM

Quote from: SquallLeonhart on October 30, 2013, 09:42:22 AM

There is, just wait until the ASIC war is over and the difficulty stay the same

True, might happen next year (late probably).

Worth the wait, the 1 TH miners will cost like GPU

It will never ROI

utarinues

member

Activity: 114

Merit: 10

Quote from: SquallLeonhart on October 30, 2013, 09:42:22 AM

There is, just wait until the ASIC war is over and the difficulty stay the same

True, might happen next year (late probably).

Worth the wait, the 1 TH miners will cost like GPU

rampalija

full member

Activity: 154

Merit: 100

Quote from: SquallLeonhart on October 30, 2013, 09:42:22 AM

There is, just wait until the ASIC war is over and the difficulty stay the same

Difficulty wipl never stay the same it will always rise and rise cuz of new mibers coming8l

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

There is, just wait until the ASIC war is over and the difficulty stay the same

gaston909

sr. member

Activity: 336

Merit: 250

Right, lets buy mining equipment!

1+1=-10

Actually....

high110

sr. member

Activity: 728

Merit: 253

A Blockchain Mobile Operator With Token Rewards

Quote from: itod on October 29, 2013, 05:42:51 PM

Quote from: murraypaul on October 29, 2013, 02:43:18 PM

Quote from: itod on October 29, 2013, 01:48:39 PM

Quote from: DeathAndTaxes on October 29, 2013, 01:05:04 PM

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

I humbly disagree. Why is that stupid if the probability of that event is high? Current price on CEX.io (expressed in USD) is $22.64, currently I've put a buy order for all BTC I have there on $18.89. Many times already happens that I buy 5% cheaper and sell 5-10% more. Don't get why do you think my current buy order is stupid?

Why not go to Crypsty, if what you want to do is trade?
The difference with cex ghash shares is that they are guaranteed to fall in value, in terms of the BTC/day they generate.
Price may not have caught up with that fall in value yet, but eventually it must.

What's wrong with a little trading? + I like the idea of a mining while trading. You can't have that on Crypsty. + I like the idea of determining the real price of GHs, and exchange is the right place for that.

And what's the problem trading with something that's guaranteed to fall in value? There are million things that are guaranteed to fall in value and people trade with them all the time.

I guess you just have to watch every 10 days or so...to make sure your ROI outpaces the fall in value... As the next stage of ASIC miners come into play...it should fall down to .05 GHS.... at some point, they will need to start selling them in THS =)

itod

legendary

Activity: 1974

Merit: 1077

^ Will code for Bitcoins

Quote from: murraypaul on October 29, 2013, 02:43:18 PM

Quote from: itod on October 29, 2013, 01:48:39 PM

Quote from: DeathAndTaxes on October 29, 2013, 01:05:04 PM

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

I humbly disagree. Why is that stupid if the probability of that event is high? Current price on CEX.io (expressed in USD) is $22.64, currently I've put a buy order for all BTC I have there on $18.89. Many times already happens that I buy 5% cheaper and sell 5-10% more. Don't get why do you think my current buy order is stupid?

Why not go to Crypsty, if what you want to do is trade?
The difference with cex ghash shares is that they are guaranteed to fall in value, in terms of the BTC/day they generate.
Price may not have caught up with that fall in value yet, but eventually it must.

What's wrong with a little trading? + I like the idea of a mining while trading. You can't have that on Crypsty. + I like the idea of determining the real price of GHs, and exchange is the right place for that.

And what's the problem trading with something that's guaranteed to fall in value? There are million things that are guaranteed to fall in value and people trade with them all the time.

rampalija

full member

Activity: 154

Merit: 100

Quote from: murraypaul on October 29, 2013, 02:43:18 PM

Quote from: itod on October 29, 2013, 01:48:39 PM

Quote from: DeathAndTaxes on October 29, 2013, 01:05:04 PM

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

I humbly disagree. Why is that stupid if the probability of that event is high? Current price on CEX.io (expressed in USD) is $22.64, currently I've put a buy order for all BTC I have there on $18.89. Many times already happens that I buy 5% cheaper and sell 5-10% more. Don't get why do you think my current buy order is stupid?

Why not go to Crypsty, if what you want to do is trade?
The difference with cex ghash shares is that they are guaranteed to fall in value, in terms of the BTC/day they generate.
Price may not have caught up with that fall in value yet, but eventually it must.

so it is not profitable to be short and not to discuss

murraypaul

sr. member

Activity: 476

Merit: 250

Quote from: itod on October 29, 2013, 01:48:39 PM

Quote from: DeathAndTaxes on October 29, 2013, 01:05:04 PM

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

I humbly disagree. Why is that stupid if the probability of that event is high? Current price on CEX.io (expressed in USD) is $22.64, currently I've put a buy order for all BTC I have there on $18.89. Many times already happens that I buy 5% cheaper and sell 5-10% more. Don't get why do you think my current buy order is stupid?

Why not go to Crypsty, if what you want to do is trade?
The difference with cex ghash shares is that they are guaranteed to fall in value, in terms of the BTC/day they generate.
Price may not have caught up with that fall in value yet, but eventually it must.

rampalija

full member

Activity: 154

Merit: 100

you are right. I wish i invested my money tto btc instead of buying miners

ekiro

full member

Activity: 154

Merit: 101

Quote from: DeathAndTaxes on October 29, 2013, 01:05:04 PM

Quote from: ekiro on October 29, 2013, 10:23:57 AM

How can one make a positive ROI on CEX?

By selling to someone else at a higher price. http://en.wikipedia.org/wiki/Greater_fool

If I sell you a turd in a box for $18 and you sell it to some sucker for $20 we both profit and only the sucker loses everything. That is CEX "investing".

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

Meh in that case I will just buy and sell the currency. I That's where I see the money at. The hardware guys can build-mine-sell to make their living. I'll do it by converting my USD to BTC. Hopefully get a big payday someday.

rampalija

full member

Activity: 154

Merit: 100

Quote from: itod on October 29, 2013, 01:48:39 PM

Quote from: DeathAndTaxes on October 29, 2013, 01:05:04 PM

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

I humbly disagree. Why is that stupid if the probability of that event is high? Current price on CEX.io (expressed in USD) is $22.64, currently I've put a buy order for all BTC I have there on $18.89. Many times already happens that I buy 5% cheaper and sell 5-10% more. Don't get why do you think my current buy order is stupid?

when u can earn some BTC nothing is stupid Cheesy

itod

legendary

Activity: 1974

Merit: 1077

^ Will code for Bitcoins

Quote from: DeathAndTaxes on October 29, 2013, 01:05:04 PM

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

I humbly disagree. Why is that stupid if the probability of that event is high? Current price on CEX.io (expressed in USD) is $22.64, currently I've put a buy order for all BTC I have there on $18.89. Many times already happens that I buy 5% cheaper and sell 5-10% more. Don't get why do you think my current buy order is stupid?

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: ekiro on October 29, 2013, 10:23:57 AM

How can one make a positive ROI on CEX?

By selling to someone else at a higher price. http://en.wikipedia.org/wiki/Greater_fool

If I sell you a turd in a box for $18 and you sell it to some sucker for $20 we both profit and only the sucker loses everything. That is CEX "investing".

Paying $18+ per GH today hoping someone dumber than you will pa $20 is well stupid.

rampalija

full member

Activity: 154

Merit: 100

Quote from: ekiro on October 28, 2013, 11:57:07 PM

Can we get an answer from a pro on this subject? Is it still worth buying mining hardware - is there a positive ROI worthwhile? Or do the perks go to the guys that get the chips manufactured and then proceed manufacturing the boards and mining with them. Earn some BTC and then sell the units while they're hot.

ROI can be positive if you hold your BTC and wait for increase in price

Topic: No mining hardware is worth buying - page 2. (Read 15301 times)