allinvain
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Activity: 3080
Merit: 1080
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January 10, 2016, 03:30:28 AM |
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I cannot because I have an agreement with Allinvain and want to keep my word
Dang! The hosting is a very good deal but I got free electricity so its a bummer for me. That's the same think for me. But it's still possible that I'll take one of these. Can the hosting be paid by what the miners produces ? You mean you wish to pay on a month-by-month basis? Yes it possible but the hosting fees goes up to $75 CAD per kw. No more discount. Yeah that's it. However, fees are too high if I do this. The profit is near zero and I'll never see any ROI if the hosting fees are 75$ CAD/kW. I'll think about it. This is kind of crazy to think about, if $75 CAD is too high (52.92 USD) than how is everyone else making any money when their hosting costs are $80 USD or $90 to $95!! lool I think even with 52.92 you're still making profit, but true the ROI is stretched further into the future.
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thedreamer
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Activity: 1694
Merit: 1002
Go Big or Go Home.....
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January 10, 2016, 04:22:47 AM |
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Yeah. Whoever says that price is high is clueless or can't use a calculator properly.
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Go Big or Go Home.
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kilo17 (OP)
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Activity: 980
Merit: 1001
aka "whocares"
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January 10, 2016, 07:24:40 AM |
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If someone is interested in buying all 25 I may workout a deal to sell them without the hosting. Thanks
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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Erkallys
Legendary
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Activity: 1120
Merit: 1004
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January 10, 2016, 08:36:30 AM |
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I cannot because I have an agreement with Allinvain and want to keep my word
Dang! The hosting is a very good deal but I got free electricity so its a bummer for me. That's the same think for me. But it's still possible that I'll take one of these. Can the hosting be paid by what the miners produces ? You mean you wish to pay on a month-by-month basis? Yes it possible but the hosting fees goes up to $75 CAD per kw. No more discount. Yeah that's it. However, fees are too high if I do this. The profit is near zero and I'll never see any ROI if the hosting fees are 75$ CAD/kW. I'll think about it. This is kind of crazy to think about, if $75 CAD is too high (52.92 USD) than how is everyone else making any money when their hosting costs are $80 USD or $90 to $95!! lool I think even with 52.92 you're still making profit, but true the ROI is stretched further into the future. If the fees are as hish as this, my profit will be only around 10$/month ! And with the halving, it will be just nothing and I'll lose money.
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adaseb
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Activity: 3794
Merit: 1723
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January 10, 2016, 09:34:15 AM |
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I cannot because I have an agreement with Allinvain and want to keep my word
Dang! The hosting is a very good deal but I got free electricity so its a bummer for me. That's the same think for me. But it's still possible that I'll take one of these. Can the hosting be paid by what the miners produces ? You mean you wish to pay on a month-by-month basis? Yes it possible but the hosting fees goes up to $75 CAD per kw. No more discount. Yeah that's it. However, fees are too high if I do this. The profit is near zero and I'll never see any ROI if the hosting fees are 75$ CAD/kW. I'll think about it. This is kind of crazy to think about, if $75 CAD is too high (52.92 USD) than how is everyone else making any money when their hosting costs are $80 USD or $90 to $95!! lool I think even with 52.92 you're still making profit, but true the ROI is stretched further into the future. If the fees are as hish as this, my profit will be only around 10$/month ! And with the halving, it will be just nothing and I'll lose money. It won't be $10/month, the S5 makes like $96 CAD now per month so - $45 CAD hosting it nets = $51 CAD per month. But it seems everybody who wants to buy these miners these days has free electricity or else they would be getting an S7 instead so the $45 hosting fee is money they rather keep.
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Erkallys
Legendary
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Activity: 1120
Merit: 1004
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January 10, 2016, 10:30:22 AM |
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I cannot because I have an agreement with Allinvain and want to keep my word
Dang! The hosting is a very good deal but I got free electricity so its a bummer for me. That's the same think for me. But it's still possible that I'll take one of these. Can the hosting be paid by what the miners produces ? You mean you wish to pay on a month-by-month basis? Yes it possible but the hosting fees goes up to $75 CAD per kw. No more discount. Yeah that's it. However, fees are too high if I do this. The profit is near zero and I'll never see any ROI if the hosting fees are 75$ CAD/kW. I'll think about it. This is kind of crazy to think about, if $75 CAD is too high (52.92 USD) than how is everyone else making any money when their hosting costs are $80 USD or $90 to $95!! lool I think even with 52.92 you're still making profit, but true the ROI is stretched further into the future. If the fees are as hish as this, my profit will be only around 10$/month ! And with the halving, it will be just nothing and I'll lose money. It won't be $10/month, the S5 makes like $96 CAD now per month so - $45 CAD hosting it nets = $51 CAD per month. But it seems everybody who wants to buy these miners these days has free electricity or else they would be getting an S7 instead so the $45 hosting fee is money they rather keep. If I am talking about the case of the 75$ CAD hosting fee. It let me around 20$ CAD per month, and so 15$ USD. That's not really high, and I may never see any ROI. And after the halving, I will even lose money.
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VirosaGITS
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Activity: 1302
Merit: 1068
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January 10, 2016, 10:32:45 AM |
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If I am talking about the case of the 75$ CAD hosting fee. It let me around 20$ CAD per month, and so 15$ USD. That's not really high, and I may never see any ROI. And after the halving, I will even lose money.
It would be 75CAD Per kW Per month. A S5 is not 1kW, its 580watts. So no its not 95CAD-75CAD=20CAD=15$. The previous user's math was correct.
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Erkallys
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Activity: 1120
Merit: 1004
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January 10, 2016, 11:38:33 AM |
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If I am talking about the case of the 75$ CAD hosting fee. It let me around 20$ CAD per month, and so 15$ USD. That's not really high, and I may never see any ROI. And after the halving, I will even lose money.
It would be 75CAD Per kW Per month. A S5 is not 1kW, its 580watts. So no its not 95CAD-75CAD=20CAD=15$. The previous user's math was correct. Ah ok ! I didn't understood/saw that it was the price per kW. Now it's a lot more interesting . So for one month for 1 S5, I'll have to pay around 45$ CAD so it let me 50$ CAD, or around 35$ USD. If I take 3 monthes, each month I'll have a profit of (95-39)=56$ CAD, or around 40$ USD. The price is 340$ CAD, so I'll need 6 monthes to have a ROI. That's long, and this assume that difficulty won't increase that much ...
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thedreamer
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Activity: 1694
Merit: 1002
Go Big or Go Home.....
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January 10, 2016, 01:01:55 PM |
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So did u decide to break them up if they stay hosted with Allinvain or not? I pm_ed you for 5 but haven't heard back.
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Go Big or Go Home.
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allinvain
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Activity: 3080
Merit: 1080
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January 10, 2016, 02:22:51 PM |
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If I am talking about the case of the 75$ CAD hosting fee. It let me around 20$ CAD per month, and so 15$ USD. That's not really high, and I may never see any ROI. And after the halving, I will even lose money.
It would be 75CAD Per kW Per month. A S5 is not 1kW, its 580watts. So no its not 95CAD-75CAD=20CAD=15$. The previous user's math was correct. Ah ok ! I didn't understood/saw that it was the price per kW. Now it's a lot more interesting . So for one month for 1 S5, I'll have to pay around 45$ CAD so it let me 50$ CAD, or around 35$ USD. If I take 3 monthes, each month I'll have a profit of (95-39)=56$ CAD, or around 40$ USD. The price is 340$ CAD, so I'll need 6 monthes to have a ROI. That's long, and this assume that difficulty won't increase that much ... Well the smart thing to do would be to host them for 3 month pre-paid and get the $65 rate. We've been generous to offer this rate to anyone regardless of the amount of kw they consume, as long as they pre-pay for 3 months. It's a win-win for both of us.
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Erkallys
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Activity: 1120
Merit: 1004
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January 10, 2016, 03:14:25 PM |
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If I am talking about the case of the 75$ CAD hosting fee. It let me around 20$ CAD per month, and so 15$ USD. That's not really high, and I may never see any ROI. And after the halving, I will even lose money.
It would be 75CAD Per kW Per month. A S5 is not 1kW, its 580watts. So no its not 95CAD-75CAD=20CAD=15$. The previous user's math was correct. Ah ok ! I didn't understood/saw that it was the price per kW. Now it's a lot more interesting . So for one month for 1 S5, I'll have to pay around 45$ CAD so it let me 50$ CAD, or around 35$ USD. If I take 3 monthes, each month I'll have a profit of (95-39)=56$ CAD, or around 40$ USD. The price is 340$ CAD, so I'll need 6 monthes to have a ROI. That's long, and this assume that difficulty won't increase that much ... Well the smart thing to do would be to host them for 3 month pre-paid and get the $65 rate. We've been generous to offer this rate to anyone regardless of the amount of kw they consume, as long as they pre-pay for 3 months. It's a win-win for both of us. Yes I see. If I purchase one S5, that's what I'll order. However, would it be possible to have them shipped to me one day ?
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kilo17 (OP)
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Activity: 980
Merit: 1001
aka "whocares"
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January 10, 2016, 09:24:34 PM |
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I appreciate the interest from people, here are a few comments to clarify.
I do not wish to break up the 25 units into smaller batches. At current difficulty and hosting fees, the miners generate approximately $1300 USD profit per month. That is calculated using 1155*25= 28.875 Th with fees being $0.065/kWh
Bottom dollar on the 25 units with hosting - $7000 USD in BTC Bottom dollar without hosting is $5750 USD plus shipping costs.
Thanks
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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thedreamer
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Activity: 1694
Merit: 1002
Go Big or Go Home.....
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January 10, 2016, 09:37:55 PM |
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Good luck with the sale. Great deal and I wish I had the $7K to go in on it.
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Go Big or Go Home.
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spiccioli
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Activity: 1378
Merit: 1003
nec sine labore
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January 10, 2016, 09:40:47 PM |
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I appreciate the interest from people, here are a few comments to clarify.
I do not wish to break up the 25 units into smaller batches. At current difficulty and hosting fees, the miners generate approximately $1300 USD profit per month. That is calculated using 1155*25= 28.875 Th with fees being $0.065/kWh
Bottom dollar on the 25 units with hosting - $7000 USD in BTC Bottom dollar without hosting is $5750 USD plus shipping costs.
Thanks
Hi kilo17, when does the prepaid hosting end? Regards spiccioli
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kilo17 (OP)
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Activity: 980
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aka "whocares"
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January 10, 2016, 09:52:00 PM |
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It has 2 1/2 months remaining or about 10 weeks
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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kilo17 (OP)
Legendary
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Activity: 980
Merit: 1001
aka "whocares"
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January 10, 2016, 09:54:22 PM |
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Also, at current difficulty it generates about $1900/month or 4.2BTC/month. Above I calculated the net profit
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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spiccioli
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Activity: 1378
Merit: 1003
nec sine labore
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January 10, 2016, 09:55:40 PM |
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It has 2 1/2 months remaining or about 10 weeks
Are there any other expenses? What about PSUs? Are they included in hosting cost? Regards. spiccioli
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kilo17 (OP)
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Activity: 980
Merit: 1001
aka "whocares"
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January 10, 2016, 10:56:28 PM |
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It has 2 1/2 months remaining or about 10 weeks
Are there any other expenses? What about PSUs? Are they included in hosting cost? Regards. spiccioli They are for the remainder of the 3 months, I think I am paying $4 each on those but you can buy them or send your own as well.
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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allinvain
Legendary
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Activity: 3080
Merit: 1080
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January 11, 2016, 02:08:17 PM |
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If I am talking about the case of the 75$ CAD hosting fee. It let me around 20$ CAD per month, and so 15$ USD. That's not really high, and I may never see any ROI. And after the halving, I will even lose money.
It would be 75CAD Per kW Per month. A S5 is not 1kW, its 580watts. So no its not 95CAD-75CAD=20CAD=15$. The previous user's math was correct. Ah ok ! I didn't understood/saw that it was the price per kW. Now it's a lot more interesting . So for one month for 1 S5, I'll have to pay around 45$ CAD so it let me 50$ CAD, or around 35$ USD. If I take 3 monthes, each month I'll have a profit of (95-39)=56$ CAD, or around 40$ USD. The price is 340$ CAD, so I'll need 6 monthes to have a ROI. That's long, and this assume that difficulty won't increase that much ... Well the smart thing to do would be to host them for 3 month pre-paid and get the $65 rate. We've been generous to offer this rate to anyone regardless of the amount of kw they consume, as long as they pre-pay for 3 months. It's a win-win for both of us. Yes I see. If I purchase one S5, that's what I'll order. However, would it be possible to have them shipped to me one day ? Of course! They are your miners (or they will be) and you can do with them as you please - at the end of the hosting term!
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allinvain
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Activity: 3080
Merit: 1080
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January 11, 2016, 02:11:49 PM |
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It has 2 1/2 months remaining or about 10 weeks
Are there any other expenses? What about PSUs? Are they included in hosting cost? Regards. spiccioli They are for the remainder of the 3 months, I think I am paying $4 each on those but you can buy them or send your own as well. PSU rental fee is $4 per KW. So it's basically around $2 per S5 to rent a power supply. Total for all S5s should be ~$58.80 (based on 14.7 kw consumption).
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