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Author Topic: Late to the game: New 28 nm Chips  (Read 418 times)
anvoice (OP)
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September 05, 2013, 08:13:13 PM
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Hello, new to the forum. Nice to meet everyone.

A quick story: I discovered about half a year ago, and needless to say I was late to any major action. It was still exciting, so I tried a few options:
Buying on Mt. Gox and selling on ebay: (1 out of 3 actual sales turned out to be a scammer, lesson learned).
Searching around ebay for miners: all delivered equipment and earliest preorders sell for rather ridiculous prices.
Now that the Mt. Gox-Dwolla combo that took me weeks to get working broke down, it's tough to even participate in regular trading, and soon 28 nm
chips might start shipping at which point making a profit from mining is a pipe dream. Best I could do is hope to make a few pennies off of trading BTC,
which is risky to boot as prices fluctuate and exchanges take their own cut. To sum it up: late to the game.

It seems that about the only way to come out significantly ahead at this point is to board the 28 nm express early: but how many of us can afford
to buy equipment for $5-20k? However looking at the cointerra website, they have an option of buying a 50 pack of 500 GH/s chips for $139,750, which
amounts to $2795 per chip w/ 500 GH/s, about the most cost-effective solution I could find. Naturally, the price is way out of my league.

So the primary purpose of this post: just as a tentative poll, how many people might be interested in pooling funds together to get such a 50-pack from
CoinTerra? I know people participated in purchasing lots of chips from Avalon before, and I'm simply curious if it's still possible to do the same with the 28 nm.
If those guys deliver on time, this seems like a great way to either make some BTC early in the 28 nm game or build and sell a miner or two for a tidy profit.
What do you think?
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