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Title: Future of Mining GH/S Cost? Post by: sushi on November 10, 2013, 08:49:20 AM Am I wrong in math? February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining (Even Bitcoin went up to $400)?
I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to. Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun. Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.) Where the average home and office space miners would be in early 2014? 60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone? Title: Re: Future of Mining GH/S Cost? Post by: waltermot321 on November 10, 2013, 10:21:37 AM 2$ per GH/s should be lowest for coming months... 1$ per GH/s might have to wait for 2014 End...
Title: Re: Future of Mining GH/S Cost? Post by: ijphlrnxewho on November 12, 2013, 05:34:51 AM At the current moment, a Bitcoin mining contract is only $10 per Gh/s at http://www.BitcoinForSale.net
Title: Re: Future of Mining GH/S Cost? Post by: Viperbass on November 12, 2013, 08:28:12 AM At the current moment, a Bitcoin mining contract is only $10 per Gh/s at http://www.BitcoinForSale.net I would like to know if anyone actually has a running contract with these guys yet cause that price isn't bad. Thats less then 1/3 of the GH price on cex. Title: Re: Future of Mining GH/S Cost? Post by: realitycheck on November 12, 2013, 10:45:43 AM May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.
The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold. Title: Re: Future of Mining GH/S Cost? Post by: wunkbone on November 12, 2013, 12:30:59 PM It should be 3$ per GH/s. so cex is overpriced...
Title: Re: Future of Mining GH/S Cost? Post by: Viperbass on November 12, 2013, 02:02:59 PM Yeap and we are already looking at a 10% str increase incoming, will be more then likely 15-20% by the time change over comes as the 2nd shipment of KNC miners has gone out yesterday.
Title: Re: Future of Mining GH/S Cost? Post by: johncarpe64 on November 13, 2013, 12:50:22 PM May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out. The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold. nah, I believe its because of the ease of trading and to maintain.. Title: Re: Future of Mining GH/S Cost? Post by: Eternity on November 13, 2013, 12:51:49 PM Future of hashrate / sec is really great.
Title: Re: Future of Mining GH/S Cost? Post by: bigb159 on November 13, 2013, 06:01:28 PM May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out. The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold. nah, I believe its because of the ease of trading and to maintain.. There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor. Title: Re: Future of Mining GH/S Cost? Post by: realitycheck on November 13, 2013, 07:28:19 PM May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out. The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold. nah, I believe its because of the ease of trading and to maintain.. There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor. I agree with that too. Title: Re: Future of Mining GH/S Cost? Post by: Feneusens on November 14, 2013, 10:41:50 AM May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out. The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold. nah, I believe its because of the ease of trading and to maintain.. There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor. The problem is the difficulty is still on the rise, I am guessing they are "testing" their customer's product before shipping it... Title: Re: Future of Mining GH/S Cost? Post by: BitcoinAddicts on November 14, 2013, 12:17:29 PM Am I wrong in math? February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining (Even Bitcoin went up to $400)? I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to. Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun. Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.) Where the average home and office space miners would be in early 2014? 60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone? I believe so, but they are selling at 2$ per GH/s for Feb 2014.... Title: Re: Future of Mining GH/S Cost? Post by: Thenen on November 15, 2013, 02:02:31 AM Am I wrong in math? February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining (Even Bitcoin went up to $400)? I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to. Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun. Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.) Where the average home and office space miners would be in early 2014? 60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone? What difficulty increment did you put? Cause even 5$ per GH/s seems to break even on my calculation... |