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Topic: Will the GAW VAULTBREAKER Be profitable? (Read 14305 times)

sr. member
Activity: 280
Merit: 250
August 08, 2014, 07:52:01 AM
#90
Soooo... the new VB's will be connected to the Zencloud... Did you guys realize you can't mine your preferred coins on there? You're limited to certain multipools?

Also - After the 30 day period it says you can ship your machine (and farm yourself), but it also mentions a 14 day period.... Does that mean you're not mining for that 14 days?

Seems like a huge burden simply to get your machine to be able to mine the coin you want... Or am I misunderstanding?
hero member
Activity: 658
Merit: 500
Small Red and Bad
August 08, 2014, 07:02:51 AM
#89
I've done a comparison of all the Asic Scrypt Cloud Mining hardware from GAW on my blog.
I calculated cost per Mh over a 4 month period to include purchase cost and maintenance.
The WAR MACHINE came out top.

http://www.cryptoblog.org.uk/2014/08/06/scrypt-mining-cloud-best-bang-buck-gaw-miners/
Sadly no Vaultbreakers Sad
newbie
Activity: 12
Merit: 0
August 07, 2014, 02:29:35 PM
#88
I've done a comparison of all the Asic Scrypt Cloud Mining hardware from GAW on my blog.
I calculated cost per Mh over a 4 month period to include purchase cost and maintenance.
The WAR MACHINE came out top.

http://www.cryptoblog.org.uk/2014/08/06/scrypt-mining-cloud-best-bang-buck-gaw-miners/
sr. member
Activity: 280
Merit: 250
August 07, 2014, 12:34:55 PM
#87
So GAW Miners posted about some big announcement about a week ago... Was it simply the purchase of btc.com? Or was it something else?

Cause they made it seem like the renouncement was relating to the Vaultbreaker release.....

https://hashtalk.org/t/announcement-about-the-vb-coming-very-soon/4401

One was when they up the hash power of the VB to 750mh and the minin to 375mh. They also had a statement for the Zenminig site as well as the new revamped site and btc.com. Busy little bees these GAW people.

Yes... busy bee's but still no update regarding the VB:( He promised to beat the Titan to market, so I was really hoping it was something along those lines!

The upgraded hash power is kinda old as they have already closed out that batch, so don't think that's it either. Guess we'll see


Titan is nowhere near shipping and the Vaultbreakers were all sold (pre-ordered).
Don't be so hasty Cheesy


I knowwwww. I bought two 750mh machines so I'm anxious:(
sr. member
Activity: 462
Merit: 251
August 07, 2014, 12:31:45 PM
#86
So GAW Miners posted about some big announcement about a week ago... Was it simply the purchase of btc.com? Or was it something else?

Cause they made it seem like the renouncement was relating to the Vaultbreaker release.....

https://hashtalk.org/t/announcement-about-the-vb-coming-very-soon/4401

One was when they up the hash power of the VB to 750mh and the minin to 375mh. They also had a statement for the Zenminig site as well as the new revamped site and btc.com. Busy little bees these GAW people.

Yes... busy bee's but still no update regarding the VB:( He promised to beat the Titan to market, so I was really hoping it was something along those lines!

The upgraded hash power is kinda old as they have already closed out that batch, so don't think that's it either. Guess we'll see

Titan is nowhere near shipping and the Vaultbreakers were all sold (pre-ordered).
Don't be so hasty Cheesy
sr. member
Activity: 280
Merit: 250
August 07, 2014, 11:56:01 AM
#85
So GAW Miners posted about some big announcement about a week ago... Was it simply the purchase of btc.com? Or was it something else?

Cause they made it seem like the renouncement was relating to the Vaultbreaker release.....

https://hashtalk.org/t/announcement-about-the-vb-coming-very-soon/4401

One was when they up the hash power of the VB to 750mh and the minin to 375mh. They also had a statement for the Zenminig site as well as the new revamped site and btc.com. Busy little bees these GAW people.

Yes... busy bee's but still no update regarding the VB:( He promised to beat the Titan to market, so I was really hoping it was something along those lines!

The upgraded hash power is kinda old as they have already closed out that batch, so don't think that's it either. Guess we'll see
full member
Activity: 210
Merit: 100
Living the dream
August 07, 2014, 11:35:18 AM
#84
So GAW Miners posted about some big announcement about a week ago... Was it simply the purchase of btc.com? Or was it something else?

Cause they made it seem like the renouncement was relating to the Vaultbreaker release.....

https://hashtalk.org/t/announcement-about-the-vb-coming-very-soon/4401

One was when they up the hash power of the VB to 750mh and the minin to 375mh. They also had a statement for the Zenminig site as well as the new revamped site and btc.com. Busy little bees these GAW people.
sr. member
Activity: 280
Merit: 250
August 07, 2014, 11:19:24 AM
#83
So GAW Miners posted about some big announcement about a week ago... Was it simply the purchase of btc.com? Or was it something else?

Cause they made it seem like the annoucement was relating to the Vaultbreaker release.....

https://hashtalk.org/t/announcement-about-the-vb-coming-very-soon/4401
sr. member
Activity: 336
Merit: 250
August 01, 2014, 01:45:23 AM
#82
FYI for the last 4 weeks or so LTC has been more profitable than the coin switching pools. waffle pool has been around 90% vs LTC for the entire time.

right now it seems there must be some new shit alt coin that is profitable before its 130% vs ltc right now

ive been minig and holding LTC. hoping that it goes up...
sr. member
Activity: 336
Merit: 250
August 01, 2014, 01:43:31 AM
#81
yea it will roi before its completely worthless but it'll be a long time.

and my BW does not like multipools, the discarded shares are through the roff. it was getting $3 a day mining alt coins... check your discarded shares compared to accepted...

on any multipool. It was 1:5 accepted vs discarded. straight LTC its about 1:1.5
full member
Activity: 188
Merit: 104
August 01, 2014, 01:18:12 AM
#80
how much was the BW?


Currently $349.00.  Believe they were on sale other day for $299.99.  Also, mining LTC is not the best route to go.  Leaving a lot of money on the table by not mining other alts.  Probably 25% decrease on average.  I have yet to mine LTC since I started mining.  So if you are mining LTC, that is your first problem.

And it is $13 average a day right now, as its hosted and I am paying nothing for electricity for the first month.  After that, its $2 a day if I leave it there, which I probably will until I sell it.  Which I will do once it gets down to around $4-5/day average.

It most likely will take over 40 days but I would wager that it will ROI before it costs more to run it then it makes daily.

sr. member
Activity: 336
Merit: 250
August 01, 2014, 01:10:49 AM
#79
oh yea and your $13 definitely is not counting electricity. even if you have cheap power like me 0.06... its not $13 a day lol
sr. member
Activity: 336
Merit: 250
August 01, 2014, 01:09:06 AM
#78
we'll check back in 40 days see how that falcon is doing if its made $500 yet lol
sr. member
Activity: 336
Merit: 250
August 01, 2014, 01:07:11 AM
#77
the falcon was what over 2k when it first came out. the price now reflects how much the diff has gone up, and will continue to rise
sr. member
Activity: 336
Merit: 250
August 01, 2014, 01:06:10 AM
#76
how much was the BW?
full member
Activity: 188
Merit: 104
August 01, 2014, 01:02:26 AM
#75
if you buy a scrypt asic you will lose your shirt, been there done that
Wrong! If you buy an asic and won't know how to use it properly you may lose money.
I've been buying these since the first generation of Asicminer chips came out and never lost a dime.


oh there must be a different switch on it that I don't know about. must be called the profitable switch.

if you do that math are CURRENT diff. every machine from GAW will roi in 3-4months.


BTW I bought a scrypt miner from GAW. it was $1000... makes about $5 a day

1000 / 5 = 200 days at current diff. what a piece of shit


You're way wrong. At current diff gaw miners would roi in 20-30 days. Think I know why you're losing money. Cause your math sucks ass.

And, the profit switch is like the gspot. You gotta know how to work your equipment to find it. Maybe in a few years you'll find one or the other!



What he said.  I bought a Falcon for $500 other day.  So far is averaging $13/day.  As long as current rate doesn't fluctuate much, will ROI in 40 days.  I am content with that, as it should be paid and turning a profit for me before all the big scrypt miners hit the market.

yeap and the diff is going up so much... its gunna go down and down and down

you can't buy afalcon new for $500 not even close


You should really do a little research before you post, as the current price on a Falcon is $599.99 and they were on sale for $499.99 just this week.

sr. member
Activity: 336
Merit: 250
August 01, 2014, 12:58:05 AM
#74
when I bought my BW, it was going to ROI in 40 days.... at the diff at the time... guess what... IT DIDN'T LOL

the diff keeps going up. when I first got it I was getting 1 LTC a day now its about .5 or .6 that was only two diff changes ago afaik
sr. member
Activity: 336
Merit: 250
August 01, 2014, 12:55:18 AM
#73
if you buy a scrypt asic you will lose your shirt, been there done that
Wrong! If you buy an asic and won't know how to use it properly you may lose money.
I've been buying these since the first generation of Asicminer chips came out and never lost a dime.


oh there must be a different switch on it that I don't know about. must be called the profitable switch.

if you do that math are CURRENT diff. every machine from GAW will roi in 3-4months.


BTW I bought a scrypt miner from GAW. it was $1000... makes about $5 a day

1000 / 5 = 200 days at current diff. what a piece of shit


You're way wrong. At current diff gaw miners would roi in 20-30 days. Think I know why you're losing money. Cause your math sucks ass.

And, the profit switch is like the gspot. You gotta know how to work your equipment to find it. Maybe in a few years you'll find one or the other!



What he said.  I bought a Falcon for $500 other day.  So far is averaging $13/day.  As long as current rate doesn't fluctuate much, will ROI in 40 days.  I am content with that, as it should be paid and turning a profit for me before all the big scrypt miners hit the market.

yeap and the diff is going up so much... its gunna go down and down and down

you can't buy afalcon new for $500 not even close
full member
Activity: 188
Merit: 104
August 01, 2014, 12:12:54 AM
#72
if you buy a scrypt asic you will lose your shirt, been there done that
Wrong! If you buy an asic and won't know how to use it properly you may lose money.
I've been buying these since the first generation of Asicminer chips came out and never lost a dime.


oh there must be a different switch on it that I don't know about. must be called the profitable switch.

if you do that math are CURRENT diff. every machine from GAW will roi in 3-4months.


BTW I bought a scrypt miner from GAW. it was $1000... makes about $5 a day

1000 / 5 = 200 days at current diff. what a piece of shit


You're way wrong. At current diff gaw miners would roi in 20-30 days. Think I know why you're losing money. Cause your math sucks ass.

And, the profit switch is like the gspot. You gotta know how to work your equipment to find it. Maybe in a few years you'll find one or the other!



What he said.  I bought a Falcon for $500 other day.  So far is averaging $13/day.  As long as current rate doesn't fluctuate much, will ROI in 40 days.  I am content with that, as it should be paid and turning a profit for me before all the big scrypt miners hit the market.
hero member
Activity: 714
Merit: 500
If you pay full price for the Asic, you will probably not ROI.
If you wait for it to go on sale, and your electricity is
relatively cheap, you will probably ROI. But no one here
knows or can predict the future. Litecoin could be $40
again or it could go to zero.  BTC on the other hand is
doing very well with merchants, debit cards, and soon
paypal.

Mainly because BTC is past the initial ASIC transition.  BTC fell from 500 to almost 50 as ASICs were being deployed.  Many thought it was going to go to $20.  LTC and scrypt coins need to go through the transition.  Fortunately it is happening faster.
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