This is just for info really as this whole Blackarrow fiasco has left a very sour taste in many people mouths...
Back in November 2013 I looked at a few different hardware option and amongst others I chose Blackarrow. But being sensible I also hedged my bets in other companies.
But as this is the Blackarrow thread and the worst performing of my (small) investments I am sharing my thoughts on the single X1 that I ordered from Minersource.
Arrived at the beginning of October 2014 (LCD and Wifi) and has been earning on average 0.01 BTC every 7 days running at 1200Mhz/120Ghs.
I paid 0.4977 (at the time $422) including shipping.
So some simple maths tells me that I currently earn an average 0.0014 BTC a day. Ignoring difficulty increases (hahah yeah right) that would mean ROI in around 350 days.
When you factor in difficulty increases I can't ever see ROI happening. I usually aim for <180 days ROI which is still achievable with other products.
So today I have just sold the X1 for $160.
USD Total loss $422 - $160 - $11 earned mining = $251But if we look at this in BTC I purchased at 0.5 BTC and sold for 0.4 BTC. Loss of 0.1 BTC
I then have to ask myself would I buy an X1 today for 0.5 BTC (~ $200).... and the answer would still be no, ROI will never be achieved.
Would I pre-order again? Maybe given a company with a good track record.
Am I angry with the whole situation? Not really I came out with minimal loss when you consider they could have taken our BTC and just disappeared.
But I do feel for the guys on here with $5k+ invested and still no hardware. I really wish you all luck and I'll be happy to help out anyway I can.
Needless to say I no longer have any need to monitor this thread (I'm not holding my breath for compensation), which after nearly 12 months of checking every few days might take a little getting used to.
http://en.wikipedia.org/wiki/Stockholm_syndromeGood luck all
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