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Title: Upcoming asic miners dont stand a chance against difficulty Post by: sameev29 on December 11, 2013, 03:12:36 AM At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even do calculations to find out how much your hardware's hashing power will earn you at each difficulty.
As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see. Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: AmericanBit on December 11, 2013, 05:13:33 AM At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even do calculations to find out how much your hardware's hashing power will earn you at each difficulty. As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see. Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars. Well for me personally i bought bitcoins for 100 dollars. So when I spent 10 btcs on a neptune, I actually only spent 1k usd. So as long as that miner makes back over 10 btcs in its life, I win. Plus, there are other coins to mine, and there will be more coins to mine in the future im sure. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: Kergekoin on December 11, 2013, 07:27:41 AM Ill buy your Neptune for 2K and you will have +100% ROI in no time! :D
Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: Jcw188 on December 11, 2013, 08:06:20 PM It does seem like the increase in value of BTC has made a lot of the focus on the miners. Now the hashing power is getting really expensive too. It seems like it's centralizing mining power in the hands of the wealthy, when I thought one of the benefits of BTC was that anyone could participate.
Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: rograz on December 12, 2013, 05:14:33 PM I have no concept of exponential growth and how unfeasible a 30% growth rate/10 days is long term FTFY Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: crocko on December 12, 2013, 09:09:24 PM ...Even Xtreme Miners 'The Lion' 7.5 Thash/sec ... Xtreme Miners are legit ? I saw no address on the website, no chip specification, only pulled from the .... ;D 28nm ASIC technology and the prices are only in BTC. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: aryanet on December 14, 2013, 08:28:00 AM +1
The calculation in this worksheet suggests that if you missed TerraMiner IV (Jan-March) batch, you have no chance to even reach hardware breakeven: http://www.vnbitcoin.org/detailcalculation.php?name=CoinTerra-TerraMiner_IV_2TH(april-batch)&startdate=2014-04-05&costperunit=5999&wattperhour=1200&gigahazarate=2000&daytoincrease=11&testlopfirst=5&diffincrement=28.67&bitcoinperdollar=860.09&electriccostinput=.15&begindifflevel=11298652253.052 Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: zhinkk on December 17, 2013, 01:47:56 AM Yep, not the wisest investment right now. The batches that come in march are going to be hard to ROI...
Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: Anddos on December 17, 2013, 04:03:29 PM Exactly i am pritty sure people have just shot them self in the foot with debt buying the neptune and expecting to run it 24/7.
Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: ceyre on December 18, 2013, 02:06:40 AM I personally believe that the network hashrate will begin to stabilize after Q1 2014.
Just my opinion, though. ;) Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: DrG on December 18, 2013, 07:49:13 AM I personally believe that the network hashrate will begin to stabilize after Q1 2014. Just my opinion, though. ;) As long as there is an efficiency advantage people will keep buying newer hardware. Once that kinda plateaus off then the purchasing will slow down. People with free electricity will pick all the older hardware on the cheap and everybody else will buy the new stuff. We still have a ways before we fine tune the TH/S/square foot. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: Syke on December 19, 2013, 12:02:24 AM Well for me personally i bought bitcoins for 100 dollars. So when I spent 10 btcs on a neptune, I actually only spent 1k usd. So as long as that miner makes back over 10 btcs in its life, I win. Plus, there are other coins to mine, and there will be more coins to mine in the future im sure. I'll offer 12 btc right now for your Neptune order. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: nexus99 on December 22, 2013, 01:51:44 AM At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even do calculations to find out how much your hardware's hashing power will earn you at each difficulty. As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see. Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars. People are buying these devices from their stash of profits. There is no new money being outlaid. if you are drawing cash from your bank account then its a painful proposition. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: Bismarckbkk on December 22, 2013, 04:31:21 AM People are buying these devices from their stash of profits. There is no new money being outlaid. if you are drawing cash from your bank account then its a painful proposition. If youre going to mine less coin then you make you loose value. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: Jcw188 on December 23, 2013, 04:18:11 AM As far as I'm concerned you have to assume the cost of btc is going up to justify spending anything at all on mining equipment at this point. I'm just waiting for some
Poor government or huge corporation to make a massive farm of rigs and centralize mining which will kill the heart of btc. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: AmericanBit on December 23, 2013, 09:16:14 AM Well for me personally i bought bitcoins for 100 dollars. So when I spent 10 btcs on a neptune, I actually only spent 1k usd. So as long as that miner makes back over 10 btcs in its life, I win. Plus, there are other coins to mine, and there will be more coins to mine in the future im sure. I'll offer 12 btc right now for your Neptune order. Yeah right, the neptunes will be like the jupiters now. Pay 6k, mine for 2 months with them, then sell em for 25k each on top of that...scrilla! Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: zimmah on December 25, 2013, 02:15:12 PM At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even do calculations to find out how much your hardware's hashing power will earn you at each difficulty. As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see. Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars. sure, because old hardware will definitely outperform new hardware. Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: miglio46 on December 26, 2013, 01:37:22 AM so nobody interested in the second neptune batch for 10k usd?
Title: Re: Upcoming asic miners dont stand a chance against difficulty Post by: AmericanBit on December 26, 2013, 06:50:42 AM so nobody interested in the second neptune batch for 10k usd? they look good, but i already got 3. |