jubalix (OP)
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March 27, 2013, 12:06:49 AM |
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Hey I do not understand one thing
how long does it take for a AA to make back the 75 BTC
I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Can some one enlighten me?
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darkip
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March 27, 2013, 12:07:47 AM |
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libertybuck
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March 27, 2013, 12:13:16 AM |
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how long does it take for a AA to make back the 75 BTC
I am afraid no one could give you a clear answer. I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Mainly for the decentralization of bitcoin.
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Aseras
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March 27, 2013, 12:15:47 AM |
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I'm making 7BTC per day with my avalons now. Next difficulty jump it will drop. By end of April or early may I'd bet its only 2-3 a day or less.
It may be a long time to "payoff" an Avalon batch 3 order.
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jubalix (OP)
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March 27, 2013, 12:25:23 AM |
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I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Mainly for the decentralization of bitcoin. [/quote] I just don't buy this...no one rationally does that in a commercial concern.... they must be mining the crap out th BC before they sell them.
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vvic
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March 27, 2013, 01:19:32 AM |
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I'm making 7BTC per day with my avalons now. Next difficulty jump it will drop. By end of April or early may I'd bet its only 2-3 a day or less.
It may be a long time to "payoff" an Avalon batch 3 order.
How many avalons do you have? My calculations show that 2 avalons should be making about 9 coins a day. But that's in perfect world...
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Wayne_Chang
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March 27, 2013, 07:51:37 AM |
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Even 2 Bitcoins per day, it will only cost you less than 2 months to get the investment back. Don't forget,the price is still rising and we still have 3 years of current payment of 25 Bitcoin per block.
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samborambo
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March 27, 2013, 10:05:33 AM |
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I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Mainly for the decentralization of bitcoin. I just don't buy this...no one rationally does that in a commercial concern.... they must be mining the crap out th BC before they sell them. [/quote] Avalon ASICs are manufacturing at least 100TH/sec of mining resource. That's a comfortable majority of the network. Confidence drops in the bitcoin network because one entity is in control. The price of bitcoin plummets because no one wants any part of a tainted network. Avalon get thousands of coins worth $0.0000001. From a commercial perspective, those working in the bitcoin currency are sensitive to the public's confidence in the currency. Avalon would be cutting their own throat if they mined with no competition.
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el_rlee
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March 27, 2013, 01:13:56 PM |
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I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Mainly for the decentralization of bitcoin. I just don't buy this...no one rationally does that in a commercial concern.... if you would have a machine which could produce diamonds the size of a child's head - would you have interest to flood the market with it?
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matt608
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March 27, 2013, 01:18:07 PM |
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I'm making 7BTC per day with my avalons now. Next difficulty jump it will drop. By end of April or early may I'd bet its only 2-3 a day or less.
It may be a long time to "payoff" an Avalon batch 3 order.
Even at 1btc a day mined thats less than 3 months back of the 75btc, even 0.5btc a day is a good deal. Or are you talking about the reward with mining with more than 1 avalon?
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Rampion
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March 27, 2013, 02:05:45 PM |
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The thing is that is very difficult to make long-term projections on hashrate, this is why an estimatetion of "3 months for ROI" doesn't sounds that good in bitcoin world nowadays, while in the "fiat" world a 3 months ROI is an increadible deal.
While you wait for batch #3, 2.5 months can pass. 3 months from that other players could be adding THs to the network, and difficulty could just skyrocket.
Paying 20BTC for a 65GHs machine you will receive in 2.5 months or less is almost a no-brainer. Paying 75BTC is risky if you are in only for the profits, it's very likely that you will profit much more HOLDING those bitcoins.
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Tinua
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March 27, 2013, 02:31:33 PM |
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When we ordered our Batch 1 Avalon in September, we started from an ROI of more than 6 months, as we had to accept that BFL and BAsic will be long on the market. And now here you talking about a risk if the ROI could be 1-3 months! Hello people! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Rampion
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March 27, 2013, 02:33:00 PM |
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When we ordered our Batch 1 Avalon in September, we started from an ROI of more than 6 months, as we had to accept that BFL and BAsic will be long on the market. And now here you talking about a risk if the ROI could be 1-3 months! Hello people! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Well, BFL could also hit the market in the meanwhile. But I surely doubt it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Herodes
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March 27, 2013, 02:33:57 PM |
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Hey I do not understand one thing
how long does it take for a AA to make back the 75 BTC
I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Can some one enlighten me?
The ones selling the spades during gold rushes makes the most.
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mrbrt
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March 27, 2013, 02:40:21 PM |
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Hey I do not understand one thing
how long does it take for a AA to make back the 75 BTC
I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Can some one enlighten me?
The ones selling the spades during gold rushes makes the most. Bingo. 75BTC is guaranteed money right now for Avalon. It's also about 5x the price of the first batch at current BTC prices.
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GenTarkin
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March 27, 2013, 02:52:18 PM |
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you guys are also assuming profitability based on current prices. If indeed we are in a huge btc bubble and it pops...avy may very well end up making not much / day. Meaning that .5BTC could be nearly worthless =( and that would suck.
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jubalix (OP)
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March 27, 2013, 03:04:12 PM |
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you guys are also assuming profitability based on current prices. If indeed we are in a huge btc bubble and it pops...avy may very well end up making not much / day. Meaning that .5BTC could be nearly worthless =( and that would suck.
and yet they are selling AA's for BTC so they don't seem to worried about that.
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jubalix (OP)
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March 27, 2013, 03:05:36 PM |
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Hey I do not understand one thing
how long does it take for a AA to make back the 75 BTC
I really don't get why AA would not be used by the manufacture to mine, if they were worth more than 75 BTC.
Can some one enlighten me?
The ones selling the spades during gold rushes makes the most. Bingo. 75BTC is guaranteed money right now for Avalon. It's also about 5x the price of the first batch at current BTC prices. Except this time the gold can't get put into the banks, or confiscated.
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Rampion
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March 27, 2013, 03:33:37 PM |
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you guys are also assuming profitability based on current prices. If indeed we are in a huge btc bubble and it pops...avy may very well end up making not much / day. Meaning that .5BTC could be nearly worthless =( and that would suck.
Well, I bought my Avalon in BTC, and I want a ROI in BTC. I don't give a damn about btc/fiat exchange rate.
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regular
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March 27, 2013, 04:42:38 PM |
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I am concerned about ASICMINER and their growth to 200 TH. If it is indeed true and so far they seem to be on schedule, the Avalons likely will still break even but the ROI time will be much more uncertain. https://bitcointalk.org/index.php?topic=99497.msg1604192#msg1604192I hope for the end-user sake, the Avalon team can get the machines out faster with the new equipment they're putting in!
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