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Title: How much Avalon batch#2 ASIC is really worth now? Post by: bitcoinator on July 01, 2013, 08:31:10 PM Seems like Bitcoin difficulty grows exponentially. At what price does it make sense to buy used Avalon batch#2 ASIC?
Will I be able to use it for some purpose other than Bitcoin mining, is there any other use for its ability to calculate sha-256 hashes? Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: mgio on July 01, 2013, 08:54:17 PM It can't do anything but mine bitcoins.
Right now, I'd say a used batch 2 Avalon miner is worth maybe about 120 coins. Plus or minus 20 coins because it's hard to say what is going to happen with difficulty in the near term. Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: bitcoinator on July 03, 2013, 03:29:57 PM Thanks for your reply... So there is no other application for hashing? Maybe password recovery or something of the kind?
Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: asically on July 03, 2013, 03:37:54 PM You can create an Alt and mine with Asic.
Mary made a bitcoin clone called Bytecoin from an off comment by Satoshi several years ago. Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: Trillium on July 03, 2013, 05:57:20 PM Any ASIC device should be able to mine any of the SHA-256 based coins. When you tell your mining software to mine a SHA-256 altcoin that is not bitcoin, all you are doing is giving it the different network address and login details of your solo mining software OR those for your pool. The hardware does EXACTLY THE SAME COMPUTATIONS.
https://bitcointalk.org/index.php?topic=134179.0 http://dustcoin.com/mining http://coinchoose.com/index.php As evidenced in practice by the guys who clearly are mining with ASICs on the d7 PPC pool... Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: polarhei on July 06, 2013, 04:16:44 AM Used one? One being mentions 75 coins. If I like to obtain one, I do no pay more than US$1,000 for used one.
Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: Tamis on July 06, 2013, 07:07:34 PM It can't do anything but mine bitcoins. Right now, I'd say a used batch 2 Avalon miner is worth maybe about 120 coins. Plus or minus 20 coins because it's hard to say what is going to happen with difficulty in the near term. Hard to say what is going to happen with difficulty ? come on we all know what is happening as I write this ! Total network is on his highest ever as I'm typing : Network total 244.415 Thash/s Difficulty 21335329 Estimated 24008458 in 801 blks It is going to skyrocket for sure ! Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: ProfMac on August 06, 2013, 11:10:15 PM As per usual the price of the unit is determined by the following equation. mining_difficulty * ( 1 + number_of_month_in_lead_time) over a 30 day period on the unit's hashing power. to those interested, here is the form https://docs.google.com/forms/d/1rJJniFiYn0XMPZVKVni86xBvSTylWw0fv1c1zAfuR68/viewform p.s. here's a picture of our new case. -------------------------------------------------------------------------------------------- Can anyone give an example and plug numbers into this equation and come up with the price of an Avalon? Title: Re: How much Avalon batch#2 ASIC is really worth now? Post by: dogie on August 06, 2013, 11:13:43 PM As per usual the price of the unit is determined by the following equation. mining_difficulty * ( 1 + number_of_month_in_lead_time) over a 30 day period on the unit's hashing power. to those interested, here is the form https://docs.google.com/forms/d/1rJJniFiYn0XMPZVKVni86xBvSTylWw0fv1c1zAfuR68/viewform p.s. here's a picture of our new case. -------------------------------------------------------------------------------------------- Can anyone give an example and plug numbers into this equation and come up with the price of an Avalon? |