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Author Topic: PACMIC V4 Antminer S7 question  (Read 995 times)
murdito
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November 08, 2015, 05:36:18 PM
 #1

Can any person help me? Whay is ROI actually for this contract?


Too I read Bitmain say on contract: "BITMAIN may pay extra Bitcoin to the owner of PACMiC before the principal has been paid back in full, which will accelerate the payout even more."


What is that? They send 1 btc more when i recuperate the first btc?

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unamis76
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November 08, 2015, 06:16:51 PM
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You'd probably have more luck posting this on the Mining subforum or on the Bitmain thread.
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November 08, 2015, 06:24:34 PM
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roi is no less than 10 months with those contract, i think they have calculated it in this way, so you remain with them enough
philipma1957
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November 08, 2015, 07:01:17 PM
 #4

Can any person help me? Whay is ROI actually for this contract?


Too I read Bitmain say on contract: "BITMAIN may pay extra Bitcoin to the owner of PACMiC before the principal has been paid back in full, which will accelerate the payout even more."


What is that? They send 1 btc more when i recuperate the first btc?



this is like a bank cd. put up 1 coin and at the end you will collect about 1.02  maybe 1.03 btc in about 120 to 150 days.


so 3% for four months is about 9% a year.

the v3 was good the v4 is not as good.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
QuintLeo
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November 09, 2015, 11:54:18 AM
 #5

I doubt that a V4 contract will achieve 9% ROI - my calcs come in at less than 7%, with some significant potential they won't pay off fully due to the halfing rendering their nominal S7 unprofitable before they pay off in full.


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November 09, 2015, 02:57:13 PM
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I doubt that a V4 contract will achieve 9% ROI - my calcs come in at less than 7%, with some significant potential they won't pay off fully due to the halfing rendering their nominal S7 unprofitable before they pay off in full.


Still compare this to any banking account it is a lot more interest then I ever get in my standard savings account.  But granted you don't get if in US FDIC insured and all that.

It would be nice if they bump it back to V3 values.  But seems like that is a unlikely thing to happen.
philipma1957
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November 12, 2015, 03:58:35 AM
 #7

I doubt that a V4 contract will achieve 9% ROI - my calcs come in at less than 7%, with some significant potential they won't pay off fully due to the halfing rendering their nominal S7 unprofitable before they pay off in full.



these where not the bargain the v3's were.  I pushed hard to buy 9.99btc of the v3's

I made about .3 btc on that 9.99btc  but coins were 220 to 250 buying in  and I sold the coins between 300 and 499  say 400 avg

so 2500 usd became 4000 usd.

the problem is this contract pays slowly  the v3 paid off in under 90 days if you did not push the buy back hard.


My buy back did a small th increase from 15 th to 16.5th

I have 0 v4's

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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November 12, 2015, 07:29:54 AM
 #8

by a look at the hash vs pacmic, it's better to go with the hash, it has a 6 roi and you can sell faster your hash at any time, just buy the whole hash of a single unit, so you can reclaim it one day if needed

i was going to invest myself because 6 months isn't that long, but no one responded about the total profit per day minus any fee, i opened a thread about it...
philipma1957
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November 12, 2015, 12:56:32 PM
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by a look at the hash vs pacmic, it's better to go with the hash, it has a 6 roi and you can sell faster your hash at any time, just buy the whole hash of a single unit, so you can reclaim it one day if needed

i was going to invest myself because 6 months isn't that long, but no one responded about the total profit per day minus any fee, i opened a thread about it...

I purchased an s-7  in hash on the site  4860gh it unlocks in 6 days. the 18th of nov

coins where higher when I got it I paid 5.82 btc

at current price of 0.00164  I could sell 3560 which would

A: give me 5.838 coins  vs the 5.82 paid

B: leave me 1300 gh that are at a cost of -0.018 btc

I would then just buy more gh from the earnings on the 1300gh


Now when the s-7 unlocks maybe gh prices change again.


Of course this is only a btc win  not a usd win.

 that usd gain or loss would not be known until I cash out the 1300gh

and cash out the 5.838 coins I got back.

ie I could profit 2 coins and still lose usd if coins tank next year.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Amph
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November 14, 2015, 07:27:58 AM
Last edit: November 15, 2015, 08:39:00 AM by Amph
 #10

by a look at the hash vs pacmic, it's better to go with the hash, it has a 6 roi and you can sell faster your hash at any time, just buy the whole hash of a single unit, so you can reclaim it one day if needed

i was going to invest myself because 6 months isn't that long, but no one responded about the total profit per day minus any fee, i opened a thread about it...

I purchased an s-7  in hash on the site  4860gh it unlocks in 6 days. the 18th of nov

coins where higher when I got it I paid 5.82 btc

at current price of 0.00164  I could sell 3560 which would

A: give me 5.838 coins  vs the 5.82 paid

B: leave me 1300 gh that are at a cost of -0.018 btc

I would then just buy more gh from the earnings on the 1300gh


Now when the s-7 unlocks maybe gh prices change again.


Of course this is only a btc win  not a usd win.

 that usd gain or loss would not be known until I cash out the 1300gh

and cash out the 5.838 coins I got back.

ie I could profit 2 coins and still lose usd if coins tank next year.

can you tell me the net profit of one single unit? because there is some confusion about the totl fee, electricity plus maintanance, i did not understand if they are considered one thing or two separated

it should be 0.033 per day if i'm not mistaken, selling your hash it seems the best strategy but it must be done when the btc decrease so the value increase etc...

but i like to do a regular mining, i don't like that even the mining aspect of bitcoin become trading...
philipma1957
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November 14, 2015, 02:02:07 PM
 #11

by a look at the hash vs pacmic, it's better to go with the hash, it has a 6 roi and you can sell faster your hash at any time, just buy the whole hash of a single unit, so you can reclaim it one day if needed

i was going to invest myself because 6 months isn't that long, but no one responded about the total profit per day minus any fee, i opened a thread about it...

I purchased an s-7  in hash on the site  4860gh it unlocks in 6 days. the 18th of nov

coins where higher when I got it I paid 5.82 btc

at current price of 0.00164  I could sell 3560 which would

A: give me 5.838 coins  vs the 5.82 paid

B: leave me 1300 gh that are at a cost of -0.018 btc

I would then just buy more gh from the earnings on the 1300gh


Now when the s-7 unlocks maybe gh prices change again.


Of course this is only a btc win  not a usd win.

 that usd gain or loss would not be known until I cash out the 1300gh

and cash out the 5.838 coins I got back.

ie I could profit 2 coins and still lose usd if coins tank next year.

can you tell me the net profit of one single unit? because there is some confusion about the totl fee, electricity plus maintanance, i did not understand if they are considered one thing or two separated

it should be 0.033 per day if i'm not mistaken, selling your hash it seems the best strategy but it must be done when the btc decrease so the value increase etc...

but i like to do a regular mining, i don't that even the mining aspect of bitcoin become trading...

yeah but it does act as a hedge.  so I do both.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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