Topic: Only buy 1+ Terahash or more Bitcoin miners hardware (Read 22287 times)
his guess wasnt bad
Wel, well, well 2015!
and the time when u get thoose 1 Ths miners difficulty will jump again
I dont think 1+ Terahash or more hardware can ROI. They are coming out 10 Terahash in near future....
Depends on price for this 1 Terahash miner. If it is small enought, it might ROI when buyig next year as well
Bitcoin is designed not to let miner make money, but the one making the tools....
This, just like the gold rush..
I dont think 1+ Terahash or more hardware can ROI. They are coming out 10 Terahash in near future....
Bitcoin is designed not to let miner make money, but the one making the tools....
Don't understand your comment???
High tech team!!!11111!!!!!
Does that mean other researchers are not high tech?
I still think these predictions are wrong, I am going on nicely with 475 GH/s
Does that mean other researchers are not high tech?
I still think these predictions are wrong, I am going on nicely with 475 GH/s
I hope opted to cloud mine - at least you can sell your GHs quickly instead of trying to sell your miner on ebay or locally - it's a bit of a hassle. Check out the could mining site in my signature. There's no fees or transaction charges for trading BTC for GHS. It's righly just below .1 BTC for 1 GHS. Decent deals.
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WARNING:
My high tech team analyzed the Bitcoin industry rigorously and found that it is only worth it if you purchase 1+ Terahash or more Bitcoin miner, most of them won't ship until December 2013 or later.
The difficulty will be well over 500,000,000 millions soon. At that difficulty, it will render all of your Bitcoin miners useless.
You would be better of just buy the Bitcoins out right, then to mine them.
Related thread:
Bitcoin Mining PCI-E Card 10Gh/s card for only $100
https://bitcointalksearch.org/topic/bitcoin-mining-pci-e-card-10ghs-card-for-only-100-287706
USB block erupters are now useless. $5 - $7 each.
https://bitcointalksearch.org/topic/usb-block-erupters-are-now-useless-5-7-each-277330
My high tech team analyzed the Bitcoin industry rigorously and found that it is only worth it if you purchase 1+ Terahash or more Bitcoin miner, most of them won't ship until December 2013 or later.
The difficulty will be well over 500,000,000 millions soon. At that difficulty, it will render all of your Bitcoin miners useless.
You would be better of just buy the Bitcoins out right, then to mine them.
Related thread:
Bitcoin Mining PCI-E Card 10Gh/s card for only $100
https://bitcointalksearch.org/topic/bitcoin-mining-pci-e-card-10ghs-card-for-only-100-287706
USB block erupters are now useless. $5 - $7 each.
https://bitcointalksearch.org/topic/usb-block-erupters-are-now-useless-5-7-each-277330
I LOLED
All generation 1 miners will be rendered unless very soon. Gen 2 will get ROI depending on WHEN YOU GET YOUR MINER compared to the rest of the queue and others competing for lower difficulty slots. It is all about when you get your ASIC miner.
The window for ROI on any new hardware will be a short one as soon as they ship because there already exist a huge farm of miners. You will have a small window to mine before difficulty scale with more miners lighting up. I think buying any mining hardware is a very risky proposition because the difficulty scales so high and fast it can render your assets worthless in days not months.
There goes mining =(
All generation 1 miners will be rendered unless very soon. Gen 2 will get ROI depending on WHEN YOU GET YOUR MINER compared to the rest of the queue and others competing for lower difficulty slots. It is all about when you get your ASIC miner.
I don't know about "useless". Most early gen 1's made a good ROI really fast and now they can just mine as long as BTC price > electricity. Even when electricity is > BTC price I know I will still be mining simply for the speculation on an increasing BTC price.
For example I mined on my graphics card a while back when I was technically losing money every day due to the cost of electricity. But my video card was making 0.1 BTC a day....which lucky for me I still have that saved up and if I were to sell it now, my revenue per day for those days I mined with my video card is close to $20/day, which is far greater than the electricity I paid for
Those Gen 1 miner is really lucky that they get their pre-order fast. I believe Gen 2 miner still far from break-even...
All generation 1 miners will be rendered unless very soon. Gen 2 will get ROI depending on WHEN YOU GET YOUR MINER compared to the rest of the queue and others competing for lower difficulty slots. It is all about when you get your ASIC miner.
I don't know about "useless". Most early gen 1's made a good ROI really fast and now they can just mine as long as BTC price > electricity. Even when electricity is > BTC price I know I will still be mining simply for the speculation on an increasing BTC price.
For example I mined on my graphics card a while back when I was technically losing money every day due to the cost of electricity. But my video card was making 0.1 BTC a day....which lucky for me I still have that saved up and if I were to sell it now, my revenue per day for those days I mined with my video card is close to $20/day, which is far greater than the electricity I paid for
I guess he was right lol, after all the jibes and cracks this guy was right, must feel like noah when everybody was cracking on him about a great flood until it started to pour, the hash rate will be well over 500 million by the end of the year. Hence even a dead clock is right, twice a day... 
My electric cost is $0.044-$0.076/kwh. My single does 63.5gh/s @ 310 watts. I have seen the wattage vary from 306-333watts, but its at 312 right now.
Goto http://allchains.info/calc.html and plug in those numbers. These are just rough estimates though. I'm not counting pool fee, etc.. I used $0.06 for electric cost., so it cost me about $0.45/day to run my single. And currently it makes .28btc/day. So about 3.5 days to generate 1 btc. 3.5days * $.45/day is about $1.5 to generate a btc.
Do you really need to see more math? My numbers aren't exact, I'm just trying to guesstimate how long my single will be viable for mining. Much longer than this troll post would have you believe.
Goto http://allchains.info/calc.html and plug in those numbers. These are just rough estimates though. I'm not counting pool fee, etc.. I used $0.06 for electric cost., so it cost me about $0.45/day to run my single. And currently it makes .28btc/day. So about 3.5 days to generate 1 btc. 3.5days * $.45/day is about $1.5 to generate a btc.
Do you really need to see more math? My numbers aren't exact, I'm just trying to guesstimate how long my single will be viable for mining. Much longer than this troll post would have you believe.
lol, and when difficulty is x5, do you realise you will be needing 5x the time to mine your bitcoin (5x the electricity too...) so depending on btc price your number are way off
oh look is the same thing again lmao
Wrong, you should calculate it in term of price per GH/s and KWH/GH/s.
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