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Topic: Should I buy a 60 Gh/s Butterfly Labs Single - page 2. (Read 9297 times)

full member
Activity: 202
Merit: 100
November 02, 2013, 09:53:10 PM
#12
No please, don't buy anything with the tag Butterfly... they will never repair your hardware....
hero member
Activity: 583
Merit: 500
November 02, 2013, 09:23:26 PM
#11
should i buy a 60 Gh/s Butterfly Labs Single  right now for 1,000 would i make my money back in a week?

Don't do it, the difficulty going to increase another 40% in few days time....
hero member
Activity: 711
Merit: 500
November 02, 2013, 08:21:12 PM
#10
No and no! Butterfly labs is scam,scam,scam...
sr. member
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
November 02, 2013, 03:29:39 PM
#9
Agreed - don't touch them with a yard stick.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
November 02, 2013, 02:32:56 PM
#8
Don't pay more than ~$725 dollars for this item.

I would recommend you just avoid anything related to Butterfly Labs altogether.
sr. member
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
November 02, 2013, 09:13:37 AM
#7
Check out cointerra and pool your money with some friends to buy a 2.THS for $6k (January delivery).  You can also cloud mine and then just sell your GHS whenever you want - check out my signature below. 

Everyone is right, do not buy BFL for 1k!! I just recently got a refund.
full member
Activity: 190
Merit: 100
November 02, 2013, 08:16:37 AM
#6
+1

Not!
I you can buy it for 5$ then yes Smiley
full member
Activity: 126
Merit: 100
November 02, 2013, 03:29:50 AM
#5
I too wanted to just reply no, no, no, no etc etc.

However as that's already been said and it clearly wasn't the answer you wanted, so I ran some calculations on the above link as that's a lot better than your 60 gh for $1000 at; 30 - 38 gh per $400 Ish.

I assumed you want to buy it to make money and not to heat your room or for fun etc

I also assumed zero electric costs as you didn't say your situation.

Given current difficulty at 390 m and pool fees at 2%, current increase in difficulty of 110% per month and $200 per BTC, if you took delivery on Nov 1st ie yesterday , and not mid Nov, the numbers say you will make $150 in a year.

In summery if you want to have fun mining or heating you room then yes yes yes, but if you are looking for a ROI (return on investment) then no, no, no and no.

Maybe you should consider just buying BTC with the money and see if it rises or falls in value.

Whatever you decide I wish you all the best.
hero member
Activity: 924
Merit: 1000
November 02, 2013, 01:33:57 AM
#4
should i buy a 60 Gh/s Butterfly Labs Single  right now for 1,000 would i make my money back in a week?
No, and no.

-R8
have u looked at a bitcoin calculator

Why did you ask the question?

No... means no, and no and no means no and no.
sr. member
Activity: 306
Merit: 250
November 02, 2013, 12:15:04 AM
#3
should i buy a 60 Gh/s Butterfly Labs Single  right now for 1,000 would i make my money back in a week?
No, and no.

-R8
have u looked at a bitcoin calculator
newbie
Activity: 31
Merit: 0
November 01, 2013, 11:59:03 PM
#2
should i buy a 60 Gh/s Butterfly Labs Single  right now for 1,000 would i make my money back in a week?
No, and no.

-R8
sr. member
Activity: 306
Merit: 250
November 01, 2013, 11:14:04 PM
#1
should i buy a 60 Gh/s Butterfly Labs Single  right now for 1,000 would i make my money back in a week?
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