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jonoiv
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November 28, 2013, 03:58:41 AM |
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More profitable than GPU mining. Not ASIC mining! GPU mining as I type is more profitable based on price of the coins over the cost of equipment when you factor in longevity of the hardware due to diff potential rise. the cost of electric, won't be a factor for the next few months for GPU or Asics, his won't come into play again until march 2014, when 1st batch Avalons will start to become obsolete, followed by BFL's, blades and USB asics. As we all know this will be a game of attrition, In the end mining will only be where electric is free. Now... £2500 gets you (Saturn) 330Ghs = 0.25 BTC a day = £164 £2500 gets you (13 x 7950) 7000Khs = 5 LTC a day = £110 in 3 months the drop in returns for the Saturn will be much higher that the drop in the 7950's, unless there is some new hardware which is doubtful in that time scale. Over a 3 month period a GPU farm would be more profitable IMHO and will remain so for longer. Also the GPU will have sell on value after it becomes obsolete for mining. Of course none of this can be taken seriously, there are just too many possible factors to account for that we have no control over, because tomorrow BTC could be $10000 and LTC $10. As it stands, GPUs look more attractive to me. If LTC does end up as .25 of a BTC what then? those 100 LTC start to look a lot more attractive and it will be another case of people looking back and thinking "what if"... I for one won't be buying a Neptune (can't afford it at the moment). I will wait for a credible Scrypt asic or fpga to emerge, it won't be long now. and as soon as it does happen and GPU's are no longer effective, scypt-jane coins will get all the GPU power. Just my thoughts. KnC any new plans for a scrypt-fpga? |
Signature for hire!
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Doff
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November 28, 2013, 04:03:01 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... |
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Phoenix1969
Legendary
 Offline
Activity: 938
Merit: 1000
LIR DEV
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November 28, 2013, 04:14:30 AM |
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so....670"s is "turbo mode"?
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ASIC-K
Sr. Member
Offline
Activity: 280
Merit: 250
Hell?
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November 28, 2013, 04:16:24 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... yes, it is....im not quite sure what you are getting at? |
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Doff
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November 28, 2013, 04:19:04 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... yes, it is....im not quite sure what you are getting at? I cant see it, tried 3 different browsers, either Joke's on me or its broke. I dunno which. |
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ASIC-K
Sr. Member
Offline
Activity: 280
Merit: 250
Hell?
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November 28, 2013, 04:19:53 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... yes, it is....im not quite sure what you are getting at? I cant see it, tried 3 different browsers, either Joke's on me or its broke. I dunno which. A. Are you a previous customer? B. Are you logged in? |
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Doff
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November 28, 2013, 04:22:49 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... yes, it is....im not quite sure what you are getting at? I cant see it, tried 3 different browsers, either Joke's on me or its broke. I dunno which. A. Are you a previous customer? B. Are you logged in? No to the first, yes to the second. |
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ASIC-K
Sr. Member
Offline
Activity: 280
Merit: 250
Hell?
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November 28, 2013, 04:24:09 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... yes, it is....im not quite sure what you are getting at? I cant see it, tried 3 different browsers, either Joke's on me or its broke. I dunno which. A. Are you a previous customer? B. Are you logged in? No to the first, yes to the second. Ah! there it is, sorry man this sale is for previous "investors" only. you will be able to purchase one a few weeks from now. at a higher price though. |
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Doff
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November 28, 2013, 04:25:45 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... yes, it is....im not quite sure what you are getting at? I cant see it, tried 3 different browsers, either Joke's on me or its broke. I dunno which. A. Are you a previous customer? B. Are you logged in? No to the first, yes to the second. Ah! there it is, sorry man this sale is for previous "investors" only. you will be able to purchase one a few weeks from now. at a higher price though. Cool, np sorry for not getting that part. It seemed like the re-seller thing was for anyone. Looks like I will not be owning a KNC however. |
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eiliant
Member
Offline
Activity: 84
Merit: 10
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November 28, 2013, 04:36:18 AM |
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Cool, np sorry for not getting that part. It seemed like the re-seller thing was for anyone. Looks like I will not be owning a KNC however.
Many people are willing to order for you, some for free. Check the previous few pages. |
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Doff
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November 28, 2013, 04:38:41 AM |
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Cool, np sorry for not getting that part. It seemed like the re-seller thing was for anyone. Looks like I will not be owning a KNC however.
Many people are willing to order for you, some for free. Check the previous few pages. Thats ok, id rather not do that. Its fine that they reward loyal customers but I just find the way they did it a bit unappealing. |
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jonoiv
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November 28, 2013, 04:49:24 AM |
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Signature for hire!
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TheJuice
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November 28, 2013, 04:55:22 AM |
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so....670"s is "turbo mode"?
I was dreaming for 750. Maybe with tweaking we can get it above 700. |
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edgar
Legendary
Offline
Activity: 1848
Merit: 1001
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November 28, 2013, 05:38:33 AM |
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88xx "NOVEMBER' jupiter - Paid....still
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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November 28, 2013, 07:02:24 AM |
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Ok I'm confused...
I thought for the Neptune you could only do Bitcoin or Wire Xfer
yet when I look at the payment options I see Bitcoin or Bank Xfer
Do they mean wire xfer and it is just a translation issue
anyone actually pay straight bank xfer vs wire xfer
there is a difference
thanks
Searing
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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rebelrat
Newbie
Offline
Activity: 52
Merit: 0
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November 28, 2013, 07:04:06 AM
Last edit: November 28, 2013, 07:15:36 AM by rebelrat |
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More profitable than GPU mining. Not ASIC mining! GPU mining as I type is more profitable based on price of the coins over the cost of equipment when you factor in longevity of the hardware due to diff potential rise. the cost of electric, won't be a factor for the next few months for GPU or Asics, his won't come into play again until march 2014, when 1st batch Avalons will start to become obsolete, followed by BFL's, blades and USB asics. As we all know this will be a game of attrition, In the end mining will only be where electric is free. Now... £2500 gets you (Saturn) 330Ghs = 0.25 BTC a day = £164 £2500 gets you (13 x 7950) 7000Khs = 5 LTC a day = £110 in 3 months the drop in returns for the Saturn will be much higher that the drop in the 7950's, unless there is some new hardware which is doubtful in that time scale. Over a 3 month period a GPU farm would be more profitable IMHO and will remain so for longer. Also the GPU will have sell on value after it becomes obsolete for mining. Of course none of this can be taken seriously, there are just too many possible factors to account for that we have no control over, because tomorrow BTC could be $10000 and LTC $10. As it stands, GPUs look more attractive to me. If LTC does end up as .25 of a BTC what then? those 100 LTC start to look a lot more attractive and it will be another case of people looking back and thinking "what if"... I for one won't be buying a Neptune (can't afford it at the moment). I will wait for a credible Scrypt asic or fpga to emerge, it won't be long now. and as soon as it does happen and GPU's are no longer effective, scypt-jane coins will get all the GPU power. Just my thoughts. KnC any new plans for a scrypt-fpga? My sentiments exactly. If you pre-order a Neptune now, you tie up $10,000 until March or April 2014. You will not be able to reap any benefits from this tidy sum until March or April 2014 at the earliest. If you spent $10,000 on HD7970s you will start mining LTC next week and with 4 7970s you are currently earning about 1.5 LTC per day, which at $30 - $40 per coin would earn you about 120 - 150 LTC by March 2014. You would probably be at break-even after 3 -4 months and at the current price of LTC power cost is negligible unless you run a farm. Besides, you can trade your LTC for BTC and at the current exchange rate less than 20 LTC buys a Bitcoin.  I was in Zephyr's Avalon group buy batch 5, but we never received the chips. Thankfully we were refunded in BTC, and that was my luck as just keeping the coins turned out to be a much better investment than pursuing any Asic mining equipment. I had pre-ordered a Jupiter but decided not to pursue it while watching the dramatic difficulty increases in BTC mining. At the same time I started to run an LTC rig in May (3 HD 7970s) and have completely recovered my cost (about $2,000.-) and with the current prices have almost tripled my original investment. The 10 BTC that not so long ago only bought 100 Avalon chips are now enough to buy a KNC miner. But if each coin cost $5,000 in two years you will be sorry as you will lose money. LTC mining with GPUs is currently the most profitable mining. In addition, when I started in May 2013, the difficulty in LTC mining was around 500. At this time it is 1500 and will climb to 1700 because of the recent price push. Compare this to the BTC ASIC arms race and you see the difference. The only people that make money in this arms race are the ASIC miner vendors and large ASIC mining farms. In LTC mining there is a chance for the small miner, there is none in BTC, especially now. If you decide to buy a Neptune, please use Fiat, otherwise you will hate yourself later. |
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rebelrat
Newbie
Offline
Activity: 52
Merit: 0
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November 28, 2013, 07:12:41 AM |
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Ok I'm confused...
I thought for the Neptune you could only do Bitcoin or Wire Xfer
yet when I look at the payment options I see Bitcoin or Bank Xfer
Do they mean wire xfer and it is just a translation issue
anyone actually pay straight bank xfer vs wire xfer
there is a difference
thanks
Searing
In the US, a bank transfer is handled by a bank and you have better legal recourse if something happens as opposed to a wire transfer like Western Union, where it is much harder to recover any funds. |
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wasubii
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November 28, 2013, 07:24:56 AM |
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BTC10.71 spent on my Neptune order ROI or no ROI - THAT is the question... Here we go again!!!!
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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November 28, 2013, 07:25:16 AM |
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Ok I'm confused...
I thought for the Neptune you could only do Bitcoin or Wire Xfer
yet when I look at the payment options I see Bitcoin or Bank Xfer
Do they mean wire xfer and it is just a translation issue
anyone actually pay straight bank xfer vs wire xfer
there is a difference
thanks
Searing
In the US, a bank transfer is handled by a bank and you have better legal recourse if something happens as opposed to a wire transfer like Western Union, where it is much harder to recover any funds. well I was under the impression because it was overseas it was a WIRE XFER only??? or is this just mis-information from god know where on my part? I'd prefer if it really is .. a bank xfer is just out of my checking account direct..wire xfer is a pain. anyone pay with FIAT so you can clarify this? via bank xfer? The reason I is ask is so I can arrange where the $$$ go via which bank I use (one bank only does wire xfer if a certain person is around) the other bank I've not tried a wire xfer with assuming this is what I need to do because overseas....so it is kinda a bank setup question so I don't have to mess with this on FRIDAY (assuming bank is open day after thanksgiving)and I can just go to the right bank directly....not move $$$ around etc before hand anyway why I'm double checking this (although still unsure about purchasing 2 or more Neptunes but can hedge till FRIDAY assuming the banks are open ..it is thanksgiving in the USA) I hope it is bank xfer that is more straight forward then a wire xfer (the knc site lists bank xfer just double checking) ..again just clarifying if that is what they really mean because it is international order I thought I could only do wire xfer internationally (if it is a bank xfer live and learn I can do this internationally ....points for me I learned something new) Thanks in advance Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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November 28, 2013, 07:29:15 AM |
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I am guessing the link is done then, I still see no option to purchase.
its still there for me.... Sure it is... yes, it is....im not quite sure what you are getting at? I cant see it, tried 3 different browsers, either Joke's on me or its broke. I dunno which. A. Are you a previous customer? B. Are you logged in? Makes it simple. |
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