I appreciate the thoughts guys, but if your not comfortable sending the btc to me, I don't think we will get this group buy going. Since the new batch gets released this evening, we need to have 30 people ready to buy within the next 12 hours, and we aren't anywhere close (looks like we are at about 10 who would send me the btc)
Unfortunately that is just the way it is with them currently. I understand that the sentiment, but there is nothing else I can do.
If you would like units, please feel free to continue to post on here, and if we get to 30, we can move forward and be ensured units.
OK.
Count me out.
I will take my chances tonight.
Good luck to all.
Tonite? I'm central standard time USA. When?
edit: Was told it is gonna happen 3am CST. (Now the whales will trample my small 1 unit order ...sigh)
edit: see the post below I'm out.....2 more units for you guys. (damn hard choices are usually the right choices)
Well hell...just did the calcs.....
Well ran the math
as an example a KNC titan 300mh miner running LTC at 4.08 ltc price at 1250 elec use
goes for about 1 BTC (which I would not pay) and makes 24 hours 4.81 USD
30 days 144.38 USD. I would not get one of those in say with diff rise etc 1 year ROI at best.
and again for the above I've seen them go yet for 1 to 1.5 btc....so that boat don't float
Again above is as a comparison on what to jump into for equipment at this time available. Titans/GPU's/Pandaminers
also this is just my view on not buying FYI
ETH (both flavors) gets me 24 hours 17.38 eth (both flavors) per day profit
30 days 521.40 a month, but with ETH going pos coin this year (so they say) and difficulty rise etc
I'm figuring another 1 year ROI at best.
Zec (both flavors) gets me 24 hrs 10.48 (both flavors of zcash) per day
30 days 314.40 a month ..but difficulty rise etc ...again figure 1 year ROI
So I'm out ....you folks at 5c kwh and less imho still have a shot. But if for some reason GPU miners come back in a big
way, I'd be better off just building a rig to suit my needs.....at that point in time then jumping into the pool now.
For 'newbies' into mining you likely would get your money back ...but me I have toys already and putting BTC in now to get
same BTC out in a year has lost its charm
Play with the knc titan toys i have for now (till doorstops)
Guess I'll gamble my BTC on a Baikal X11 miner (unicorns thou they may be) but also finding 'real' Unicorns may be easier
to find..then those baikal A900 x11 puppies.
Hopefully, something else will come on the market say July or at the end of the year, that at least in the 9 month range of a shot at ROI at 0.077c kwh at least. And again I can also yell 'oops' and just build a GPU rig, if the math changes.
Anyway 1-2 more units are available now guys. Good luck, as far as a know the auction is 3 am CST. Good luck for those
where the math works
Again for someone who wants to mine for fun for a year or more ..you likely will get more out then
you put in..esp if you flip the units towards end of life...but me, already playing that game with knc titans so I don't need
any more spinning plates in the air, at this time.
Again good luck to all that bid on here
Brad