BFL will ship the machine when the ROI has been reduced to a minimum.
1) will it ship in february
2) what will the difficulty be.
Both of these variables are completely unpredictable with any accuracy.... Give up and buy coins.
Topic: Would a 300 ghs ROI by the time it arrived (Read 1593 times)
When will it arrive? Have you checked http://mining.thegenesisblock.com/?
It depends if you mine enough and try to auction it back online. It will give you double earnings. For example, you mined xx number of BTCs and then sells the miner again for almost the same price you bought it.
It depends if you mine enough and try to auction it back online. It will give you double earnings. For example, you mined xx number of BTCs and then sells the miner again for almost the same price you bought it.
That's what I used and decided it wouldn't be worth it to mine (but that's just me). I've heard too many horror stories of companies not delivering mining rigs when promised. The difficulty going up so steeply really makes a difference.
Roughly half a bitcoin a week.
Discarding all the details; Today 550 GH/s brings in about 3btc or less a week.
The two big factors you are facing are:
All it really boiled down to was 'do I believe in bitcoin or do I want to make as much fiat currency as fast as possible.' Chasing fiat is like a dog chasing two rabbits with a high probability of losing both. Chasing bitcoin... well I wish I could predict what was going on at the time your mining machine would arrive, but I'll always bet on BTC.
~Jord
Discarding all the details; Today 550 GH/s brings in about 3btc or less a week.
The two big factors you are facing are:
- Mining companies (some you hear about, some you don't) coming out with 1k - 2k TH/s machines in that time frame. Then there is KnC who will be close to distribution with their 3-4k TH/s Neptunes a month or so later.
- Price. If bitcoin hits $3500 -$4000 mark by March then your investment may be worth it... better yet if you can crack half a bitcoin in three months and the price touches $10k-$15k well, therein lies the gamble.
All it really boiled down to was 'do I believe in bitcoin or do I want to make as much fiat currency as fast as possible.' Chasing fiat is like a dog chasing two rabbits with a high probability of losing both. Chasing bitcoin... well I wish I could predict what was going on at the time your mining machine would arrive, but I'll always bet on BTC.
~Jord
When will it arrive? Have you checked http://mining.thegenesisblock.com/?
It depends if you mine enough and try to auction it back online. It will give you double earnings. For example, you mined xx number of BTCs and then sells the miner again for almost the same price you bought it.
It depends if you mine enough and try to auction it back online. It will give you double earnings. For example, you mined xx number of BTCs and then sells the miner again for almost the same price you bought it.
I have been looking at BFL I knew I should have brought another Jalepino all sold out now...
My question is if i was to purchase a 300 ghs machine would it return in febuary?
Thanks
My question is if i was to purchase a 300 ghs machine would it return in febuary?
Thanks
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