230GH/s Asic bitcoin Miner worth it? Opinions please

[Chipie]

Hi Folks,
 
Have the option of picking up the following:

Average : 220 to 230GH/s  at the current rate(0.013 BTC) per hour.

1 x Bitburner Fury 50GH/s Mines between 50 and 52 GH/s

3 x Avalon Mini Miners.. 60GH/s each, Built in WiFi, LAN, Web-server, Built in CGMiner computer, Firewall.

Price 2500

Worth it? Is it a good idea to start here with mining? Any idea what the ROI would be (rough estimates will do).

Thanks in advance

[thankful]

you need to take into considering the rising difficulty. in other words, you can't use the current hourly rate and project that forward

[odolvlobo]

I would pay up to 5.5 BTC (currently about $1750) for it.

According to my estimates, the break even price is somewhere around 0.05 BTC per GH/s. That makes the value of the equipment around 11 to 11.5 BTC, but I wouldn't pay more than 50% of that because I would want to make a decent profit and the risk is high.

[Lauda]

Don't go for it. It's too expensive and you won't ROI!

[Gator-hex]

The best profit calculator is this one... http://www.bitcoinx.com/profit/

[o999]

Hi Folks,
 
Have the option of picking up the following:

Average : 220 to 230GH/s  at the current rate(0.013 BTC) per hour.

1 x Bitburner Fury 50GH/s Mines between 50 and 52 GH/s

3 x Avalon Mini Miners.. 60GH/s each, Built in WiFi, LAN, Web-server, Built in CGMiner computer, Firewall.

Price 2500

Worth it? Is it a good idea to start here with mining? Any idea what the ROI would be (rough estimates will do).

Thanks in advance

That earning rate (0.013 x 24 = 0.312 BTC/day) sounds too high to me.  I'm mining at slightly under 100 GH/s and only get about 0.06 to 0.08 BTC/day at the latest difficulty - that would equate to 0.14 to 0.18 BTC/day for 230 GH/s.

I think the biggest problem with the setup you're looking at is the power consumption - according to https://en.bitcoin.it/wiki/Mining_hardware_comparison the Avalons use 620W each - 1860 Watts is a lot to pay for, and a lot of heat to get rid of!

Good luck!