All the ROI calculators indicate you most likely won't break even on an SP30 September batch. If you end up hosting it, then that's a definite not it will break even. I was being conservative with the diff increase also. Their SP10 is a great machine, but I was able to put that online 5 days after paying for it.
Topic: SP30 Cost recouping was Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio (Read 1956 times)
June 25, 2014, 11:45:50 PM
June 25, 2014, 02:45:58 AM
Spon has said themselves that a manufacture had (and is continuing to add) about 40+ PH online recently. Now add in AM who should have by Mid July at the latest, moved 60 PH online (with more chips coming out) (Not sure how much of this is already online) through BTC-Garden, Rockminer, DM, XBtc and AM itself. Then you have Spon and their SP30s, Bitmain and their S3s. This not a cooling off period right now, this is an eye of a very serious storm that is just now getting ready to start back up.
After than we have AM's Gen 4, who knows what crazy shit Spon has in the bag, and a bunch of other companies getting a next Gen ready. And unlike last Gen, the jump to Gen ~4 will be a lot quicker and a lot smoother.
You guys are right that Diff will go up at a very slow pace, but when this time comes, individual miners ran by individual people will not be making money. Spon has made it clear that they aren't targeting the everyday miner either.
After than we have AM's Gen 4, who knows what crazy shit Spon has in the bag, and a bunch of other companies getting a next Gen ready. And unlike last Gen, the jump to Gen ~4 will be a lot quicker and a lot smoother.
You guys are right that Diff will go up at a very slow pace, but when this time comes, individual miners ran by individual people will not be making money. Spon has made it clear that they aren't targeting the everyday miner either.
I am 100% sure that AM will not bring online 60PH in the next 3 week. That's simply impossible.
I think he meant total network effect of all the AM chips that AM has sent out to different manufacturers that he listed. Each one of those just needs to do 15PH/s which is not unreasonable if they are less than 1W per GH/s. Not only are the assemblers of ASICs but also the chip manufacturers are making money and distributing it. Yifu, that rat, is probably somewhere in there too.
June 25, 2014, 12:08:18 AM
Spon has said themselves that a manufacture had (and is continuing to add) about 40+ PH online recently. Now add in AM who should have by Mid July at the latest, moved 60 PH online (with more chips coming out) (Not sure how much of this is already online) through BTC-Garden, Rockminer, DM, XBtc and AM itself. Then you have Spon and their SP30s, Bitmain and their S3s. This not a cooling off period right now, this is an eye of a very serious storm that is just now getting ready to start back up.
After than we have AM's Gen 4, who knows what crazy shit Spon has in the bag, and a bunch of other companies getting a next Gen ready. And unlike last Gen, the jump to Gen ~4 will be a lot quicker and a lot smoother.
You guys are right that Diff will go up at a very slow pace, but when this time comes, individual miners ran by individual people will not be making money. Spon has made it clear that they aren't targeting the everyday miner either.
After than we have AM's Gen 4, who knows what crazy shit Spon has in the bag, and a bunch of other companies getting a next Gen ready. And unlike last Gen, the jump to Gen ~4 will be a lot quicker and a lot smoother.
You guys are right that Diff will go up at a very slow pace, but when this time comes, individual miners ran by individual people will not be making money. Spon has made it clear that they aren't targeting the everyday miner either.
I am 100% sure that AM will not bring online 60PH in the next 3 week. That's simply impossible.
June 24, 2014, 11:57:30 PM
Spon has said themselves that a manufacture had (and is continuing to add) about 40+ PH online recently. Now add in AM who should have by Mid July at the latest, moved 60 PH online (with more chips coming out) (Not sure how much of this is already online) through BTC-Garden, Rockminer, DM, XBtc and AM itself. Then you have Spon and their SP30s, Bitmain and their S3s. This not a cooling off period right now, this is an eye of a very serious storm that is just now getting ready to start back up.
After than we have AM's Gen 4, who knows what crazy shit Spon has in the bag, and a bunch of other companies getting a next Gen ready. And unlike last Gen, the jump to Gen ~4 will be a lot quicker and a lot smoother.
You guys are right that Diff will go up at a very slow pace, but when this time comes, individual miners ran by individual people will not be making money. Spon has made it clear that they aren't targeting the everyday miner either.
After than we have AM's Gen 4, who knows what crazy shit Spon has in the bag, and a bunch of other companies getting a next Gen ready. And unlike last Gen, the jump to Gen ~4 will be a lot quicker and a lot smoother.
You guys are right that Diff will go up at a very slow pace, but when this time comes, individual miners ran by individual people will not be making money. Spon has made it clear that they aren't targeting the everyday miner either.
June 24, 2014, 06:14:00 AM
There has barely been any adjustments above 20% the last few months. This one (if it even is 25%, we won't know for another week) is clearly an anomaly and will be smoothed out with time.
Unlikely. Very unlikely.
How so? I find it more unlikely that a clear downward trend in difficulty growth that has lasted since fall last year would suddenly do a 180. I have the numbers on my side, I haven't seen any opposing evidence.
https://bitcoinwisdom.com/bitcoin/difficulty
Difficulty History
Date Difficulty Change Hash Rate
Jun 18 2014 13,462,580,115 14.51% 96,368,902 GH/s
Jun 05 2014 11,756,551,917 12.44% 84,156,677 GH/s
May 24 2014 10,455,720,138 18.10% 74,844,960 GH/s
May 12 2014 8,853,416,309 10.66% 63,375,223 GH/s
Apr 29 2014 8,000,872,136 14.64% 57,272,474 GH/s
Apr 17 2014 6,978,842,650 14.04% 49,956,502 GH/s
Apr 05 2014 6,119,726,089 22.23% 43,806,706 GH/s
Mar 24 2014 5,006,860,589 17.80% 35,840,504 GH/s
Mar 13 2014 4,250,217,920 11.39% 30,424,245 GH/s
Feb 28 2014 3,815,723,799 21.92% 27,314,015 GH/s
Feb 17 2014 3,129,573,175 19.39% 22,402,357 GH/s
Feb 05 2014 2,621,404,453 19.49% 18,764,744 GH/s
Jan 24 2014 2,193,847,870 22.59% 15,704,175 GH/s
Jan 13 2014 1,789,546,951 26.16% 12,810,076 GH/s
Jan 02 2014 1,418,481,395 20.12% 10,153,885 GH/s
That seems to prove my point, what side are you arguing for?
Grix, look at the next estimated difficulty increase. Neither Slush, BTCGuild, nor Bitminter had good luck in the last 48%, so we're looking at a 25-30% increase. I don't know about after that, but this next one will be big!
June 23, 2014, 05:15:13 PM
There has barely been any adjustments above 20% the last few months. This one (if it even is 25%, we won't know for another week) is clearly an anomaly and will be smoothed out with time.
Unlikely. Very unlikely.
How so? I find it more unlikely that a clear downward trend in difficulty growth that has lasted since fall last year would suddenly do a 180. I have the numbers on my side, I haven't seen any opposing evidence.
https://bitcoinwisdom.com/bitcoin/difficulty
Difficulty History
Date Difficulty Change Hash Rate
Jun 18 2014 13,462,580,115 14.51% 96,368,902 GH/s
Jun 05 2014 11,756,551,917 12.44% 84,156,677 GH/s
May 24 2014 10,455,720,138 18.10% 74,844,960 GH/s
May 12 2014 8,853,416,309 10.66% 63,375,223 GH/s
Apr 29 2014 8,000,872,136 14.64% 57,272,474 GH/s
Apr 17 2014 6,978,842,650 14.04% 49,956,502 GH/s
Apr 05 2014 6,119,726,089 22.23% 43,806,706 GH/s
Mar 24 2014 5,006,860,589 17.80% 35,840,504 GH/s
Mar 13 2014 4,250,217,920 11.39% 30,424,245 GH/s
Feb 28 2014 3,815,723,799 21.92% 27,314,015 GH/s
Feb 17 2014 3,129,573,175 19.39% 22,402,357 GH/s
Feb 05 2014 2,621,404,453 19.49% 18,764,744 GH/s
Jan 24 2014 2,193,847,870 22.59% 15,704,175 GH/s
Jan 13 2014 1,789,546,951 26.16% 12,810,076 GH/s
Jan 02 2014 1,418,481,395 20.12% 10,153,885 GH/s
That seems to prove my point, what side are you arguing for?
June 23, 2014, 04:02:08 PM
There has barely been any adjustments above 20% the last few months. This one (if it even is 25%, we won't know for another week) is clearly an anomaly and will be smoothed out with time.
Unlikely. Very unlikely.
How so? I find it more unlikely that a clear downward trend in difficulty growth that has lasted since fall last year would suddenly do a 180. I have the numbers on my side, I haven't seen any opposing evidence.
https://bitcoinwisdom.com/bitcoin/difficulty
Difficulty History
Date Difficulty Change Hash Rate
Jun 18 2014 13,462,580,115 14.51% 96,368,902 GH/s
Jun 05 2014 11,756,551,917 12.44% 84,156,677 GH/s
May 24 2014 10,455,720,138 18.10% 74,844,960 GH/s
May 12 2014 8,853,416,309 10.66% 63,375,223 GH/s
Apr 29 2014 8,000,872,136 14.64% 57,272,474 GH/s
Apr 17 2014 6,978,842,650 14.04% 49,956,502 GH/s
Apr 05 2014 6,119,726,089 22.23% 43,806,706 GH/s
Mar 24 2014 5,006,860,589 17.80% 35,840,504 GH/s
Mar 13 2014 4,250,217,920 11.39% 30,424,245 GH/s
Feb 28 2014 3,815,723,799 21.92% 27,314,015 GH/s
Feb 17 2014 3,129,573,175 19.39% 22,402,357 GH/s
Feb 05 2014 2,621,404,453 19.49% 18,764,744 GH/s
Jan 24 2014 2,193,847,870 22.59% 15,704,175 GH/s
Jan 13 2014 1,789,546,951 26.16% 12,810,076 GH/s
Jan 02 2014 1,418,481,395 20.12% 10,153,885 GH/s
June 23, 2014, 02:13:46 PM
There has barely been any adjustments above 20% the last few months. This one (if it even is 25%, we won't know for another week) is clearly an anomaly and will be smoothed out with time.
Unlikely. Very unlikely.
How so? I find it more unlikely that a clear downward trend in difficulty growth that has lasted since fall last year would suddenly do a 180. I have the numbers on my side, I haven't seen any opposing evidence.
June 23, 2014, 02:00:03 PM
There has barely been any adjustments above 20% the last few months. This one (if it even is 25%, we won't know for another week) is clearly an anomaly and will be smoothed out with time.
Unlikely. Very unlikely.
June 23, 2014, 01:23:39 PM
How many BTC do you folks predict the August and September SP30 machines will mine before they operates at a loss ?
August: 19 BTC
September: 16 BTC
Here is the calculation. Of course, it is just speculation, but at least it is based on regression instead of a static difficulty increase forecast: https://docs.google.com/spreadsheets/d/1P_rgP9XnBvuznWdRi7IUKizQHUR0DNxDrl08H90juzc/edit#gid=0
Here is the more realistic calculation.
https://tradeblock.com/mining/a/c8698595f1
Sept: 2.43 BTC
Okt: 1.75 BTC
Nov: 1.26 BTC
Dets: 0.90 BTC
Jan. 2015 0.65BTC
What is your basis for claiming that that is a more "realistic" calculation? As said, my difficulty forecast is based on past performance. A static percentage increase that matches today but not the past nor the future, like the tradeblock calculator uses, is NOT realistic at all. There is not a chance in hell the difficulty will be anywhere near 135G come 2015.
You gotta be kidding RoadStress. 19 BTC from an August SP30 ? Thats not an answer, thats a sales pitch.
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
There has barely been any adjustments above 20% the last few months. This one (if it even is 25%, we won't know for another week) is clearly an anomaly and will be smoothed out with time.
June 23, 2014, 01:21:33 PM
https://tradeblock.com/mining/a/7222018a89
How do you get 100 days for profit ? SP 30 takes 150 days to reach a profit , if you steal electricity. Look at the upper link, where the cost of electricity is 0.01 $/kWh (the cost of cable to steal electricity)
If you do not have a free electricity, I can not reach profit. Look at the bottom link, where the cost of electricity is only 0,15 $/kWh
https://tradeblock.com/mining/a/b9b29a8efc
How do you get 100 days for profit ? SP 30 takes 150 days to reach a profit , if you steal electricity. Look at the upper link, where the cost of electricity is 0.01 $/kWh (the cost of cable to steal electricity)
If you do not have a free electricity, I can not reach profit. Look at the bottom link, where the cost of electricity is only 0,15 $/kWh
https://tradeblock.com/mining/a/b9b29a8efc
Not a good estimate beyond about 3-6 months from now. Difficulty isn't going to continue rising that fast for a whole year.
June 23, 2014, 11:47:06 AM
September batch (depending on when you receive it) will not ROI unless you are going to wait 6-8 months if not a year to do so. With this 25% jump (I factored 25 although maybe higher) and the rest of the jumps we get lucky with 13% going to 11% a September 11th shipment will put you with an almost 37 billion starting difficulty where you will be lucky to get .9btc for that entire jump. SP's equipment is bad ass but regardless of how bitcoinrama... I mean RoadStress tries to spin it you are shooting yourself in the foot. If you have a huge mining setup the only thing you can hope for is a huge jump in bitcoin price which sadly I don't expect.
June 23, 2014, 11:46:22 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
What are the chances of the August SP30 buyers getting a ROI ?
You had your answer. Maybe stop
How many BTC do you folks predict the August and September SP30 machines will mine before they operates at a loss ?
August: 19 BTC
September: 16 BTC
Here is the calculation. Of course, it is just speculation, but at least it is based on regression instead of a static difficulty increase forecast: https://docs.google.com/spreadsheets/d/1P_rgP9XnBvuznWdRi7IUKizQHUR0DNxDrl08H90juzc/edit#gid=0
You gotta be kidding RoadStress. 19 BTC from an August SP30 ? Thats not an answer, thats a sales pitch.
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
June 23, 2014, 11:39:22 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
What are the chances of the August SP30 buyers getting a ROI ?
You had your answer. Maybe stop
How many BTC do you folks predict the August and September SP30 machines will mine before they operates at a loss ?
August: 19 BTC
September: 16 BTC
Here is the calculation. Of course, it is just speculation, but at least it is based on regression instead of a static difficulty increase forecast: https://docs.google.com/spreadsheets/d/1P_rgP9XnBvuznWdRi7IUKizQHUR0DNxDrl08H90juzc/edit#gid=0
Hate to point out the obvious but the next difficulty adjustment is due to be north of 25% so this excel sheet is BUNK!!
June 23, 2014, 11:36:16 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
What are the chances of the August SP30 buyers getting a ROI ?
I hope your electricity price is low though.
At the end of the day nobody can tell you how high your return will be, but lower hardware price and power cost are always nice.
If you think you will get a better antminer by September, just buy it then.
June 23, 2014, 11:33:20 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
What are the chances of the August SP30 buyers getting a ROI ?
You had your answer. Maybe stop
How many BTC do you folks predict the August and September SP30 machines will mine before they operates at a loss ?
August: 19 BTC
September: 16 BTC
Here is the calculation. Of course, it is just speculation, but at least it is based on regression instead of a static difficulty increase forecast: https://docs.google.com/spreadsheets/d/1P_rgP9XnBvuznWdRi7IUKizQHUR0DNxDrl08H90juzc/edit#gid=0
June 23, 2014, 11:32:56 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
While I do love the SP10, simple set-up, great OC settings, solid construction. My 2 GB (3200) have lost me approx 30.00 USD to date. This is due to the rise in BTC after I bought. IF I expect another rise in BTC (which I do) then the SP30 will suffer from the same uphill climb to get over the difference. Add all that to another 5-7 diff. increases between now and Sept. and a $5200 SP30 WILL NOT ROI, especially if there is a large BTC/USD increase.
Sorry SPTech too far and too pricey.
Maybe https://bitcointalksearch.org/topic/closed-spondoolies-tech-sp30-specs-6ths-046wgh-656170 ?
Is this GB even sanctioned? "I'm still in talks with Spondoolies but I hope a price below 4.400 U$D "
That would be better, but still @ 4400 not likely to ROI, $0.73/GH is a great price TODAY. By September I would be surprised if a GH is worth $0.50. Too many chips getting ready to hit the streets and those are just the ones we know about.
June 23, 2014, 11:27:43 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
Estimated Next Difficulty: 16,899,830,784 (+25.53%)
What are the chances of the August SP30 buyers getting a ROI ?
June 23, 2014, 11:23:41 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
While I do love the SP10, simple set-up, great OC settings, solid construction. My 2 GB (3200) have lost me approx 30.00 USD to date. This is due to the rise in BTC after I bought. IF I expect another rise in BTC (which I do) then the SP30 will suffer from the same uphill climb to get over the difference. Add all that to another 5-7 diff. increases between now and Sept. and a $5200 SP30 WILL NOT ROI, especially if there is a large BTC/USD increase.
Sorry SPTech too far and too pricey.
Maybe https://bitcointalksearch.org/topic/closed-spondoolies-tech-sp30-specs-6ths-046wgh-656170 ?
June 23, 2014, 11:20:54 AM
a September SP30 won't ROI at all at the price it is sitting at.
+1
While I do love the SP10, simple set-up, great OC settings, solid construction. My 2 GB (3200) have lost me approx 30.00 USD to date. This is due to the rise in BTC after I bought. IF I expect another rise in BTC (which I do) then the SP30 will suffer from the same uphill climb to get over the difference. Add all that to another 5-7 diff. increases between now and Sept. and a $5200 SP30 WILL NOT ROI, especially if there is a large BTC/USD increase.
Sorry SPTech too far and too pricey.
Jump to: