Ok. I asked this in another thread already, but HERE, I particularly do not understand where a lot of you are coming from. First off, no matter what you WILL achieve ROI, so I have to assume you mean POSITIVE ROI. But even given that niggle, there is virtually no way these machines will not reach break even in a fairly short time, after which your only ongoing expense is electricity, which is not that great of an expense on these devices. So, those of you crying "no ROI" over and over again, WHAT FREAKIN" TIME FRAME ARE YOU TRYING TO BEAT?  Any frickin' timeframe. Please see here. I mean really. An ivestment that is likely to break even in less than a year??? That's insanely positive by most any business metric you care to apply! ... If you don't break even in a year, you never will. Never. Unless conventional difficulty predictions are just a bunch of fud, spread by evol gobment infiltrators. Damn am I tired of seeing estimates from the TGB calculator. If your link to TGB is going to be accurate, we will need to see 1.6 Ph added to the network every week between December and May. In total, that amounts to just over 5 times all pre-orders for all companies who have currently offered pre-orders ..then consider how people around here are already reluctant to spend money on miners when we are not even 1% to 1 billion difficulty. Now, unless Intel decides they'd like to produce a miner, 28nm efficiency is going to become the de facto. That puts an equilibrium of slight profitability with a $100 BTC and electrical costs for the average person when difficulty is at about 15 billion. If manufacturers want to continue selling mining rigs, they'll have to be very near $1-$1.5 per Gh when difficulty is at only 3-5 billion. Then again, maybe TGB will be correct with the jumps in difficulty of 4, 10, or eventually 40 billion in a single month.  Anyway, this thread has gone to shit. Is it even 1 in 10 posts is on topic anymore? 13.5 PH in march https://bitcointalk.org/index.php?topic=283820.0 |
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That's why most people here have bbxx, crumbs, and kuroth on IGNORE.
lol, only circle jerks, paid shills and trolls have ignored me. read my post history it is not crap. Hmmm, you mean posts like this one? Hmm thats a lot.
I think in 2-3 months it will be much more, solidcoin will never die.
LOL! I bought a BFL's Jalapeno but was that a mistake?
Are they scammers?
I ordered one too. The day you get your Jalapeno you wont make any money with it anymore. Maybe a little better than BE. But hey maybe it worth a try.  |
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I kind of feel like all this mining hardware is going to pay off, in USD, not so much in btc. Not even close in terms of bitcoins, but it will be huge to the exchange rate.
That makes no sense. If it doesn't pay off in bitcoins, then you're better off buying bitcoins instead of a miner. So where can you buy $14000 worth of BTC on credit card? Huh smarty? Any fees added even if you could? buy some stuff with credit card and sell it via bitmit/coingig/forums earn credit card bonus from the bank  |
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That's why most people here have bbxx, crumbs, and kuroth on IGNORE.
lol, only circle jerks, paid shills and trolls have ignored me. read my post history it is not crap. |
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https://www.kncminer.com/newsSmall Update 8/30/2013 2:01:00 PM Ok so a few of announcements; .... Finally we wish to confirm that yes we are still on track for our delivery towards the end of September. Thanks, KnCMiner Team. www.kncminer.comok. so no chips, no working boards with thoose chips, no stability tests etc. 3 weeks left good luck, bfl has chips few months before delivery, you have no chips and 3 weeks.
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yeah but preordes were placed and...
AVALON chips, clones - clients are doomed
90% bfl customers are doomed
75% KNC miners will be not profitable for sure
october bitfury units will not make roi in 2 years
VNC, hashfast, monarch, cointerra preorders were placed unvisely too.
So basically what you're saying is that everyone will unprofitable? So they will turn off their miners? So in about a year's time, I can start CPU mining again?  Awesome.  unprofitable i mean not even with electricy cost... but more when your investment is 5000$ and you are getting 5$ per month after costs you will need 10 years of mining ok your saturn will make roi in next 20 years if you order today. is it profitable for you ? babysiting miner, hear loud and changing fans/paste for next 1000 weeks ? for a jupiter to make 5 $ per month difficulty would need to reach 20 000 mio. that is 300 x more then the current difficulty. no. 10 000 mio http://mining.thegenesisblock.com/a/3ca7c693b8according to that, about may 2014 ok say that mining calculator is bullshit |
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I don't know how many USB asics they are selling but ebay is jammed with them. Picked up 10 more for myself. Hardware sales by pure volume must be huge.
Hardware seems to be flying out the door and competitors are failing left and right (Avalon refunds chips, BFL under investigation, Ken/ActiveMining goes MIA, BTCGarden, etc.) - but still the ASICMINER shares have dropped in price. I'm puzzled - anyone have a reasonable explanation? people are scared that ASICMINER network share will be below 5% soon but friedcat has best team, most experience and he is smart if mining will be not profitable, selling miners margin will be small he will be producing bitcoin vending machines, terminals etc i will keep shares till the end of bitcoin or for my kids |
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Hi everybody, We are Swedish miners that are producing our own ASIC miners to strengthen the market and avoid monopoly. Our company kncminer is pleased to announce the opening of a brand new web shop dedicated to the online sale of Bitcoin hardware to the international community, www.kncminer.com. A lot of scam sites are appearing every day and we are not one of them, therefore we will not take any orders and are only registering interest. We will in the upcoming weeks opening our order book to allow the purchase of our first set of ASIC miners. They are in the early stages of development now and will be ready in the summer of 2013 (yes in just a few months) Register an account now it’s completely free and if you subscribe to our newsletter we will alert you the moment we open the order books for entry and other information around the ASIC products. If you have any questions we will be happy to answer them. Happy mining ok summer is ending and you dont have chips bfl case |
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There is a trade off between buying mining hardware and BTC. As soon as mining seems to lose its profitability buying BTC becomes more attractive to investors. I think you can already see this happening as the price of BTC has been steadily rising the past two months. When BTC value reaches a certain point mining hardware starts to look more attractive again for its price and more people will start to invest in hardware again. This process will keep repeating itself striving towards an equilibrium between the two. It's quite beautiful to observe actually. never mine just buy was the best strategy so far... bye bye bitcoins placed on preorders |
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Don't feed the trolls. They do a good enough job of feeding each other as it is...
circle jerks refreshing kncminer.com/news/ page praying for roi... are not trolls |
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yeah but preordes were placed and...
AVALON chips, clones - clients are doomed
90% bfl customers are doomed
75% KNC miners will be not profitable for sure
october bitfury units will not make roi in 2 years
VNC, hashfast, monarch, cointerra preorders were placed unvisely too.
So basically what you're saying is that everyone will unprofitable? So they will turn off their miners? So in about a year's time, I can start CPU mining again? Awesome. unprofitable i mean not even with electricy cost... but more when your investment is 5000$ and you are getting 5$ per month after costs you will need 10 years of mining ok your saturn will make roi in next 20 years if you order today. is it profitable for you ? babysiting miner, hear loud and changing fans/paste for next 1000 weeks ? |
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knc miners are not profitable. deal with it.
How? Prove it. Figures. You're spreading fud. The genesis block calc has so many more functions than the default most of the newbies in this forum are concentrating on (or those currently attempting to scare people). For the default calculations to transpire over time the network would have to continuously double in a linear fashion time and time again. Impossible. Never going to happen. Say 3,000 units are shipped in Oct, that would require 6,000 in November, the 12,000 in December, then 24,000 come Jan, 48,000 in February, 96,000 in March, 192,000 units delivered in April, 384,000 units in may, 768,000 units in June. Can you honestly see this as even remotely realistic?!? It's ridiculous. Knc, and whoever else are never going to manufacture and sell that many devices. Sure you can 'scale production' to a few thousand a month, and i've chosen 3,000 as an achievable figure, but the doubling, and doubling, and doubling. There's some seriously naive people in this forum. I actually wrote to the Genesis Block and asked them to address this. I suggested they allow us to enter achievable figures of prouction for various manufacturers, and the dates by which those products are likely to be introduced to give more realistic scenarios, which they like, as it's the most sensible way to approach this, and they agreed, they like the idea. In the mean time there's a constant increase per month option (MM) which can be used instead of the nutty (%) that is there by default. I may even write up a tutorial as people seem reluctant to play with the calc as it's quite useful if you know how to use it properly, which apparently a significant percentage of this forum can't. It's got to the point where it's just laughable and it's being used purposely to scare away small miners, which in turn will effect the distribution of the network. It's just beyond comprehension how the majority of people in this forum think a compounded increase in network harhrate is feasible over the long term!! Certainly in this period of transition as GPU farms dies out and ASICs are introduced there are solid doubles of network over time, but if you think KnC, or Cointerra will be able to manufacture in excess of 5,000 units a month you're a complete idiot. Oh, the innocent, unbridled optimism of the little ones! It melts my black little heart and microwaves it on "low" for 5 minutes. Then i remember how many *other* ASIC companies are coming to our party, each with shitty table manners, to hoover up our delicious caek. TL;DR: With all the pre-order schemes maturing just around the same time, mining will be unprofitable. For just about everyone. Because preorder. If only it were as simple as that. If mining companies' prices are too high for anyone to see ROI, eventually that will result in no one ordering them. So then the difficulty levels off and it becomes profitable again. It's not a linear system, and it's much more difficult to predict profitability than you claim. yeah but preordes were placed and... AVALON chips, clones - clients are doomed 90% bfl customers are doomed 75% KNC miners will be not profitable for sure october bitfury units will not make roi in 2 years VNC, hashfast, monarch, cointerra preorders were placed unvisely too. |
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the truth is if you will not make roi in next 2-3 months you are at loss.
so now you've changed your mind, haven't you? b/c a few post above, you stated: knc miners are not profitable. deal with it.
am I missing something obvious ? yes, you are missing that you could make roi with other hardware... AGAIN ....no proof....you're being a FUDspreader. i cant prove future, but read custom hardware section, group buys and securities there is the truth. |
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please smothie add september and october!
bfl is shipping, bitfury is shipping, blades are cheap and avalon clones will flood the market!
i forgot knc, but they dont have chips yet.
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how do you know this ?
insider info ?
orsoc emploee ?
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the truth is if you will not make roi in next 2-3 months you are at loss.
so now you've changed your mind, haven't you? b/c a few post above, you stated: knc miners are not profitable. deal with it.
am I missing something obvious ? yes, you are missing that you could make roi with other hardware... |
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knc miners are not profitable. deal with it.
How? Prove it. Figures. You're spreading fud. The genesis block calc has so many more functions than the default most of the newbies in this forum are concentrating on (or those currently attempting to scare people). For the default calculations to transpire over time the network would have to continuously double in a linear fashion time and time again. Impossible. Never going to happen. Say 3,000 units are shipped in Oct, that would require 6,000 in November, the 12,000 in December, then 24,000 come Jan, 48,000 in February, 96,000 in March, 192,000 units delivered in April, 384,000 units in may, 768,000 units in June. Can you honestly see this as even remotely realistic?!? It's ridiculous. Knc, and whoever else are never going to manufacture and sell that many devices. Sure you can 'scale production' to a few thousand a month, and i've chosen 3,000 as an achievable figure, but the doubling, and doubling, and doubling. There's some seriously naive people in this forum. I actually wrote to the Genesis Block and asked them to address this. I suggested they allow us to enter achievable figures of prouction for various manufacturers, and the dates by which those products are likely to be introduced to give more realistic scenarios, which they like, as it's the most sensible way to approach this, and they agreed, they like the idea. In the mean time there's a constant increase per month option (MM) which can be used instead of the nutty (%) that is there by default. I may even write up a tutorial as people seem reluctant to play with the calc as it's quite useful if you know how to use it properly, which apparently a significant percentage of this forum can't. It's got to the point where it's just laughable and it's being used purposely to scare away small miners, which in turn will effect the distribution of the network. It's just beyond comprehension how the majority of people in this forum think a compounded increase in network harhrate is feasible over the long term!! Certainly in this period of transition as GPU farms dies out and ASICs are introduced there are solid doubles of network over time, but if you think KnC, or Cointerra will be able to manufacture in excess of 5,000 units a month you're a complete idiot. i am not complete idiot consider icedrill, petahash, hashfast, bfl, asicminer, avalon chips, bitfury, knc, cointerra, vnc, labcoin, bitgarden and others all will be shipping late october/november when your knc unicorn will be paid in half (if you ordered early) after that you will be getting less and less till nothing the truth is if you will not make roi in next 2-3 months you are at loss. |
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Hi I have paid for 4 shares, 3.011 GH each at groupbuy, i have spent 4 bitcoins https://bitcointalk.org/index.php?topic=254929.0I would like to sell them. Starting price 3 BTC 0.1 btc bid increments Auction ends 24 hours from date of this topic. |
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knc miners are not profitable. deal with it.
Someone woke up on the wrong side of the bed... Go back to sleep little one. yeah please stop using unicorn mining calculator do homework and include shipping cost, psu and vat if you are in eu. when you order knc miner now you will have it delivered when network hashrate will be tripled or more so you will never got back your btc |
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