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Title: Who's ordering an Obelisk to mine Sia? Post by: superskillz on July 03, 2017, 03:51:24 AM Looks like pre-orders in batch 1 will get 6 weeks of mining before any others are shipped. At the projected rewards, you would have the opportunity to mine 200,000+ SIA which could be worth more than the unit price.
https://obelisk.tech Anyone else considering a purchase? Other thoughts? Title: Re: Who's ordering an Obelisk to mine Sia? Post by: martyroz on July 03, 2017, 04:56:13 AM The calculator on that website seems flawed.
If you enter 1 obelisk sold it predicts that you will earn 600million SC a month - the total amount on offer. It ignores mining from GPUs. The current nethash is 316 Th/s - 316,000 Gh/s. That is equal to 3160 Obelisks. Lets say that by the time this has been delivered, the GPU nethash is 400 Th/s or 4000 obelisks. Lets say that the first wave of pre-orders is 2000 Obelisks (it is already 630) that is a nethash of 600 Th/s or equal to 6000 Obelisks. Then you are probably closer to 100k SC for the initial month. Title: Re: Who's ordering an Obelisk to mine Sia? Post by: Liquid71 on July 03, 2017, 07:05:14 AM don't preorder miners, especially with a delivery date a year away from a new manufactuer. Better to buy coins, and wait till miners are in stock available to buy.
Title: Re: Who's ordering an Obelisk to mine Sia? Post by: Metroid on July 03, 2017, 07:14:31 AM don't preorder miners, especially with a delivery date a year away from a new manufactuer. Better to buy coins, and wait till miners are in stock available to buy. Let them be stupid, they are blind to see how scammy the asic market is. Anyone preordering this has no idea what return of investment mean. Title: Re: Who's ordering an Obelisk to mine Sia? Post by: superskillz on July 03, 2017, 12:00:24 PM don't preorder miners, especially with a delivery date a year away from a new manufactuer. Better to buy coins, and wait till miners are in stock available to buy. Let them be stupid, they are blind to see how scammy the asic market is. Anyone preordering this has no idea what return of investment mean. It seems like the Sia team has an incentive to make this payout reasonable given that these are the first supporters, no? Title: Re: Who's ordering an Obelisk to mine Sia? Post by: Eyedol-X on July 03, 2017, 12:09:13 PM There is another thread that has been going on this since the 1st day https://bitcointalk.org/index.php?topic=1976753.0
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