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Title: hardware prospects Post by: repairguy on August 28, 2014, 03:45:55 AM The antminer s3 seems like the best deal at the moment as far as w/gh, but none of them seem to be able to break even. Is there anything I am missing?
Title: Re: hardware prospects Post by: Syke on August 28, 2014, 03:47:43 AM The antminer s3 seems like the best deal at the moment as far as w/gh, but none of them seem to be able to break even. Is there anything I am missing? Nope. It's a bad time to buy mining hardware. Title: Re: hardware prospects Post by: repairguy on August 28, 2014, 03:52:37 AM any speculation? Do you think the mfg are bottomed out on margin or do you think they will adjust pricing accordingly?
Title: Re: hardware prospects Post by: Meech on August 28, 2014, 04:06:16 AM Manufacturers have come to realize in the last couple months if they want to sell they need to sell at a reasonable price. Just remember there in it to make money. Home mining for profit is reaching a near end until more efficient equipment is produced. Even though paying for Btc isn't quite as fun as mining, for now might be the best course of action. Large mining farms are destroying the home miners. 2014 should be remembered for this.
Title: Re: hardware prospects Post by: repairguy on August 28, 2014, 04:30:21 AM I understand the mfg are in it for profit, and many have kept a reasonable price. The difference is now they cannot make as much of a margin per unit. I am curious if they are selling near their mfg cost or if they have room to go down farther. or perhaps a new product will be necessary to make it more profitable for the home miner. or if home mining is now completely dead and most mining will be completed by mfg. maybe that was the plan from the beginning, use the sales to build capital and then use the mfg capacity to expand long term mining investment.
Title: Re: hardware prospects Post by: Kimowa on August 28, 2014, 07:08:50 AM The antminer s3 seems like the best deal at the moment as far as w/gh, but none of them seem to be able to break even. Is there anything I am missing? Yes you are missing something, the latest batch only ship on september 20th. Title: Re: hardware prospects Post by: xstr8guy on August 28, 2014, 08:11:40 AM I understand the mfg are in it for profit, and many have kept a reasonable price. The difference is now they cannot make as much of a margin per unit. I am curious if they are selling near their mfg cost or if they have room to go down farther. or perhaps a new product will be necessary to make it more profitable for the home miner. or if home mining is now completely dead and most mining will be completed by mfg. maybe that was the plan from the beginning, use the sales to build capital and then use the mfg capacity to expand long term mining investment. Manufacturers could theoretically give away mining gear for free but with the rising difficulty and the relative inefficiency of the ASICs currently in production, it will be very soon that you won't be able to cover your electricity costs with the BTC earned. In fact, some people with high electric costs have quit already. Title: Re: hardware prospects Post by: cloverme on August 28, 2014, 03:34:52 PM Right now things are not good for individuals to mine, difficulty is rising, btc/usd is down, and the efficiency of mining hardware for $ per th/s isn't that great. The new generation of miners need to come down in price otherwise you would mine at a loss.
Title: Re: hardware prospects Post by: lowbander80 on August 28, 2014, 05:17:53 PM The antminer s3 seems like the best deal at the moment as far as w/gh, but none of them seem to be able to break even. Is there anything I am missing? Nope. It's a bad time to buy mining hardware. When I hear this I remember a friend of mine he always waited to get the fastest computer and he never bought one. So when is the right time to buy mining equipment I say when you decide it buy the best your pocket can affort |