Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: ghostycc on September 07, 2014, 05:17:20 PM



Title: ZeusMiners GEN III Volcanos 300Mh/s
Post by: ghostycc on September 07, 2014, 05:17:20 PM
Anyone is ordering some of these ?

Is there something to fear ?

With a group of friend, we have free electricity and A/C room, we're thinking of buying 10 of these.
If anyone have something to say, we'll take it seriously! :)

I've been doing the maths for 2 weeks now.
it is only profitable dealing with the difficulty.

it's going up and down lately... So i guess at the end of Q4 it will improve ALOT.
But what ya guys recon : 5% to 50% every days?

I believe it will be x2 / x3 by the end of the year... Just delaying the ROI. But if it does improve more then 7.5% every 4 days, it's over and impossible to come back.

I will consider any advices seriously.

Thanks for reading.


Title: Re: ZeusMiners GEN III Volcanos 400Mh/s
Post by: gnode on September 07, 2014, 09:53:16 PM
Dude, you have free electricity, you will eventually recoup your hardware investment no matter what the difficulty does.

You are the envy of everybody.

I wish I had free electricity!

You will have to wait months for the volcano, buy already available hardware and get mining!



Title: Re: ZeusMiners GEN III Volcanos 400Mh/s
Post by: johnnyrocket on September 08, 2014, 07:44:09 AM
I would expect difficulty increases to make mining with these in late December unlikely to make large profits, but free power always helps. The other thing to consider though: the price of Bitcoin will likely increase in the same time period, making that 1.29 BTC you'll effectively pay being much more than the actual price of US$599, compared to holding btc in the same period.


Title: Re: ZeusMiners GEN III Volcanos 400Mh/s
Post by: ghostycc on September 08, 2014, 08:32:43 AM
I would expect difficulty increases to make mining with these in late December unlikely to make large profits, but free power always helps.

Exactly. I'm trying to find out the increase of it.
With the release of all the new gen ASIC, it may be very high in a short period.

But, LTC price isn't going to help ASIC resellers. It does not worth it at all right now.


Title: Re: ZeusMiners GEN III Volcanos 400Mh/s
Post by: Equate on September 08, 2014, 09:36:29 AM
Many miners are ready to be released from KNC , BITMAIN, GAW etc. So I would expect some good increase in difficulty and ROI is unpredictable atm .


Title: Re: ZeusMiners GEN III Volcanos 400Mh/s
Post by: Starscream on September 08, 2014, 12:57:31 PM
Dude, you have free electricity, you will eventually recoup your hardware investment no matter what the difficulty does.
That's not true.

Hope you get this analogy: http://en.wikipedia.org/wiki/Zeno's_paradoxes