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Author Topic: 2 TerraMiner IV's for February delivery worth it?  (Read 3032 times)
LouReed (OP)
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November 17, 2013, 11:54:26 PM
 #1

So, if I was to pre order 2 of these today for a total of $12,000, and 4 TH/s mining power, would it be a worthwhile investment, or would the difficulty be too high by the February delivery date to make it worth while?

Or, is there a better ASIC manufacturer out there to buy from right now?

Thanks!
danhu
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November 18, 2013, 12:51:36 AM
Last edit: November 18, 2013, 07:43:23 AM by danhu
 #2

http://www.vnbitcoin.org/bitcoincalculator.php

for Feb - 5 delivery
it will take 111 days to get your money back .

Notice that by the time you check how many days it will take to ROI you will see a different data because this calculator stays current with bitcoin exchange rate and bitcoin network hash rate .  It updates new data every minute.

*when you will get your miner is the biggest unknown *  remember to change the delivery date (up to 90 days ) to late or early so you can understand more about your risk . You also have risk with bitcoin network difficulty and this calculator based future prediction on past developments ( average of last 15 difficulty increments ) and you can also input your own data  .  You also have exchange rate risk and this calculator is using the current exchange rate but remember to change it up and down to see your risk .  

Below is a link to feb-5 delivery detail calculations.

http://www.vnbitcoin.org/detailcalculation.php?name=CoinTerra-TerraMiner_IV_2TH(february-batch)&startdate=2014-02-05&costperunit=5999&wattperhour=1200&gigahazarate=2000&daytoincrease=11&testlopfirst=8&diffincrement=27.99&bitcoinperdollar=512.15&electriccostinput=.15&begindifflevel=3429206529.6666


* Don't trust any calculator if it is not update data every minute . A true calculator don't just give you a yes or no answer .  It should help you understand risk ! *
integrity42
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November 18, 2013, 04:30:03 AM
 #3

dont use any mining calculator except for   btcinvest.net

integrity42
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November 18, 2013, 04:46:13 AM
 #4

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=609482679.88835&dcosts=6000&diff_mincrease=25&blpbtc=25&dhsmhs=2000000&diff_mincreasedecrease=3&btcusd=500&dpowcon=1000&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=12&action=calc

at $500/btc  it costs 12 BTC to buy.

You will mine back 14BTC if you're lucky and if they deliver on time (by end of feb).


You're better off buying $6000 of BTC directly when the exchange rate drops to $400 or less

mvidetto
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November 18, 2013, 03:11:30 PM
 #5

Personally I would think no miner is worth it because why would they sell them at this point if they were?
hulk
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November 19, 2013, 12:25:46 AM
 #6

So, if I was to pre order 2 of these today for a total of $12,000, and 4 TH/s mining power, would it be a worthwhile investment, or would the difficulty be too high by the February delivery date to make it worth while?

Or, is there a better ASIC manufacturer out there to buy from right now?

Thanks!

It is really worth it, if and only if they don't delay the shipment....

LouReed (OP)
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November 19, 2013, 03:38:05 AM
 #7

So, if I was to pre order 2 of these today for a total of $12,000, and 4 TH/s mining power, would it be a worthwhile investment, or would the difficulty be too high by the February delivery date to make it worth while?

Or, is there a better ASIC manufacturer out there to buy from right now?

Thanks!

It is really worth it, if and only if they don't delay the shipment....

I know, that's just it! How the hell does one really know? Especially after the last fucking people got when they relied on someone's word to deliver on time! What does one do, flip a coin?!
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November 27, 2013, 09:05:29 PM
 #8

Personally I would think no miner is worth it because why would they sell them at this point if they were?

They would sell them because:

1) People are willing to pay a profitable premium for them

2) It's impossible to supply enough electricity to a centralized location to power a huge amount of them

...simple.
willpower101
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December 05, 2013, 03:29:45 AM
 #9

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=609482679.88835&dcosts=6000&diff_mincrease=25&blpbtc=25&dhsmhs=2000000&diff_mincreasedecrease=3&btcusd=500&dpowcon=1000&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=12&action=calc

at $500/btc  it costs 12 BTC to buy.

You will mine back 14BTC if you're lucky and if they deliver on time (by end of feb).


You're better off buying $6000 of BTC directly when the exchange rate drops to $400 or less

And that will happen? I have this feeling it won't, which would make mining them more profitable
crocko
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December 06, 2013, 04:00:49 PM
 #10

Buy BTC/LTC/FRC/PPC/TRC.

More profit + less risk than waste $12k on a miner who will never achieve ROI.

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BitcoinDenvini
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December 07, 2013, 11:34:46 PM
 #11

Buy the miner, mine other sha256 coins too not only BTC, if they deliver in time, you may get good profit too. Not to mention nobody knows how much will BTC cost then.
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