Want to try mining with ASIC Mini single need about half the funds

hughson

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Quote from: EricTyle on February 19, 2013, 09:42:54 PM

Based on Jeff's statistics

10 BTC/day @ 66 GH/s

x BTC/day / 4.5 GH/s = 10 BTC/day / 66 GH/s

45 GH/s / 10 BTC/day = x 66GH/s / BTC/day

x = 0.68 BTC/day * 30$ = 20.45$

150/20.45 = 7.33 days to get back your investment.

That's looking at if you get it soon. So what if you use the 225$ you DO have and buy someone's pre-ordered Jalapeño?

read post #10/and I'll have about $300-$400 to invest

EricTyle

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Based on Jeff's statistics

10 BTC/day @ 66 GH/s

x BTC/day / 4.5 GH/s = 10 BTC/day / 66 GH/s

45 GH/s / 10 BTC/day = x 66GH/s / BTC/day

x = 0.68 BTC/day * 30$ = 20.45$

150/20.45 = 7.33 days to get back your investment.

That's looking at if you get it soon. So what if you use the 225$ you DO have and buy someone's pre-ordered Jalapeño?

hughson

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Activity: 133

Merit: 100

Quote from: wallet.dat on February 19, 2013, 11:02:27 AM

I already have a couple orders in from Aug or Sept of last year for some BFL Single ASICs. How about you send me what you have and I can split profits with you? We'd get the units way sooner than if you ordered today.

I will consider your offer.I will only have money next Thursday (the 28th)

Though your way sounds more profitable because the mining would start sooner I'm really interested doing this whole ASIC mining myself. I'll let you know.

hughson

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Quote from: wtfvanity on February 19, 2013, 11:05:53 AM

Do you plan on using mining rewards to repay the loan?

If you can't afford a single mini, why don't you get a jalapeno or two?

I might get a jalapeno if a can't get a loan. and yes I would use the mining reward to help pay back the loan.

hughson

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Quote from: lightlord on February 19, 2013, 12:19:37 PM

Quote from: hughson on February 18, 2013, 04:02:59 PM

Hello

I'm looking for a $375 loan for a BFL mini single.I am also up for splitting on a BFL mini single. This is all depending if BFL ships in the next couple of weeks. I can pay back loan a rate of $50 a month prior to receiving income from the Mini Single.

You have several misconceptions, First of all, if you order today, you will have to wait 2-3 months to receive your units, I asked butterfly lab personally by email.
And said April to May. You saying depending if they ship next several weeks. You won't be in that batch if you order now, those are for june 2012 or before orders.
Your profit rates will be a lot lower and it will take a long long time to repay back your loan. As difficulty will sky rocket many times before you receive your unit.

From: Butterfly Labs Inc <[email protected]>
Sent: Thursday, February 7, 2013 3:12:51 PM
Subject: Re: ASIC Ordering

Hello lightlord,

If you order now, it won't ship until late April or early May.

Thank you,

Dave M.
Account Manager Butterfly Labs
[email protected]
913-271-6744

On Tue, Feb 5, 2013 at 9:09 PM

Hi jody, I am considering an another order of 2 Bitforces Single SC.
I have a question, If I order those, will these two come at a later time?
Like batch 2-3? Or will I get all of them on batch 1?

Best regards
lightlord

I was referring that I will only buy from BFL if they manage to ship.I do not need a loan until they have a product. I do know it will be a while before they ship for people who are only after they produce a product.

lightlord

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★Bitvest.io★ Play Plinko or Invest!

Quote from: hughson on February 18, 2013, 04:02:59 PM

Hello

I'm looking for a $375 loan for a BFL mini single.I am also up for splitting on a BFL mini single. This is all depending if BFL ships in the next couple of weeks. I can pay back loan a rate of $50 a month prior to receiving income from the Mini Single.

You have several misconceptions, First of all, if you order today, you will have to wait 2-3 months to receive your units, I asked butterfly lab personally by email.
And said April to May. You saying depending if they ship next several weeks. You won't be in that batch if you order now, those are for june 2012 or before orders.
Your profit rates will be a lot lower and it will take a long long time to repay back your loan. As difficulty will sky rocket many times before you receive your unit.

From: Butterfly Labs Inc <[email protected]>
Sent: Thursday, February 7, 2013 3:12:51 PM
Subject: Re: ASIC Ordering

Hello lightlord,

If you order now, it won't ship until late April or early May.

Thank you,

Dave M.
Account Manager Butterfly Labs
[email protected]
913-271-6744

On Tue, Feb 5, 2013 at 9:09 PM

Hi jody, I am considering an another order of 2 Bitforces Single SC.
I have a question, If I order those, will these two come at a later time?
Like batch 2-3? Or will I get all of them on batch 1?

Best regards
lightlord

wtfvanity

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Activity: 504

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WTF???

Do you plan on using mining rewards to repay the loan?

If you can't afford a single mini, why don't you get a jalapeno or two?

wallet.dat

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Activity: 253

Merit: 250

I already have a couple orders in from Aug or Sept of last year for some BFL Single ASICs. How about you send me what you have and I can split profits with you? We'd get the units way sooner than if you ordered today.

Vod

legendary

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Licking my boob since 1970

Quote from: hughson on February 18, 2013, 09:07:13 PM

How about a 4g ipod and foxconn 330i netbox with 256 hard drive 2g of ram.

It needs to be something that a person can easily sell for at least $375.

hughson

full member

Activity: 133

Merit: 100

How about a 4g ipod and foxconn 330i netbox with 256 hard drive 2g of ram.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

What are you offering for collateral?

hughson

full member

Activity: 133

Merit: 100

Hello

I'm looking for a $375 loan for a BFL mini single.I am also up for splitting on a BFL mini single. This is all depending if BFL ships in the next couple of weeks. I can pay back loan a rate of $50 a month prior to receiving income from the Mini Single.

Topic: Want to try mining with ASIC Mini single need about half the funds (Read 1079 times)