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ragingazn628 (OP)
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April 30, 2013, 01:33:05 PM |
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Ordered this almost a month ago. Looks like they're shipping but what will the ROI be assuming I get the monitor the earliest which will be July/August?
It's the 60GHash for $1300
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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smoothie
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LEALANA Bitcoin Grim Reaper
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April 30, 2013, 01:34:09 PM |
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I would. But then again I never would have ordered in the first place.
Make your own decision.
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 01:37:45 PM |
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I would cancel too. But it's your call...
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lepenguin
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April 30, 2013, 01:40:54 PM |
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ill buy your 60Gh at 1350
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ragingazn628 (OP)
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April 30, 2013, 01:42:39 PM |
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ill buy your 60Gh at 1350
it's actually around $1350 with shipping haha, I'd rather play it safe and return it and get my money back via paypal. |
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FlappySocks
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April 30, 2013, 01:49:29 PM |
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Try and sell it. People are paying crazy money for ASICs that are unlikely to meet ROI.
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ragingazn628 (OP)
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April 30, 2013, 01:58:13 PM |
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Try and sell it. People are paying crazy money for ASICs that are unlikely to meet ROI.
good idea  |
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minternj
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April 30, 2013, 02:07:26 PM |
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You just changed your mind about getting a refund to selling it in one post?
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os2sam
Legendary
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Activity: 3578
Merit: 1090
Think for yourself
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April 30, 2013, 02:10:37 PM |
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>> Should I cancel my BFL 4/2/2013 Order?
Kind of defeats the purpose of placing an order. But hey everyone needs a hobby I guess.
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A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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FlappySocks
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April 30, 2013, 02:17:12 PM |
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>> Should I cancel my BFL 4/2/2013 Order?
Kind of defeats the purpose of placing an order.
Nothing wrong in changing your mind, especially when ROIs are being squeezed, and even more so when you dont have a specific shipping date. |
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os2sam
Legendary
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Activity: 3578
Merit: 1090
Think for yourself
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April 30, 2013, 02:20:57 PM |
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>> Should I cancel my BFL 4/2/2013 Order?
Kind of defeats the purpose of placing an order.
Nothing wrong in changing your mind, especially when ROIs are being squeezed, and even more so when you dont have a specific shipping date. That situation is the same now as it was on April 2nd when he placed his order that he now may want to cancel. |
A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 02:23:28 PM |
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Nobody is going to buy an April order... For now. Maybe next year, when it's very likely that you will get it soon, somebody is going to be willing to pay for your preorder including a premium.... Or maybe not, because ROI will be impossible at that time.
Honestly, don't want to be rude, but I really cannot understand what crossed your mind when you pre-ordered in April. Maybe you are new and did not make any research? Maybe you thought BTC would skyrocket so even 0.0001BTC mined is worth it? No, sorry, last sentence has no sense, if you believed that you would just have bought BTC for the price of the miner.
So... what crossed your mind? Honest question.
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Dyaheon
Member
Offline
Activity: 121
Merit: 10
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April 30, 2013, 02:26:31 PM |
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That situation is the same now as it was on April 2nd when he placed his order that he now may want to cancel.
Yeah. That said, better sell it rather than cancel. People are still ordering those 50GH units at $2.5k, so I'd think you get at least that. |
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FlappySocks
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April 30, 2013, 02:46:21 PM |
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That situation is the same now as it was on April 2nd
Not really. Look at the DIY orders for Avalon chips that have been made since then. That's enough to give anyone cold feet. Jeez, give the guy a break. He is right to be concerned, and if he wants to cancel then it's no big deal. |
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grue
Legendary
Offline
Activity: 2058
Merit: 1431
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April 30, 2013, 03:56:57 PM |
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Assuming BFL can even deliver a single (non prototype/review/dev/hype) 60 gh miner in May, you're likely to be getting your order late Q3 or Q4.
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ragingazn628 (OP)
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April 30, 2013, 04:36:00 PM |
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Nobody is going to buy an April order... For now. Maybe next year, when it's very likely that you will get it soon, somebody is going to be willing to pay for your preorder including a premium.... Or maybe not, because ROI will be impossible at that time.
Honestly, don't want to be rude, but I really cannot understand what crossed your mind when you pre-ordered in April. Maybe you are new and did not make any research? Maybe you thought BTC would skyrocket so even 0.0001BTC mined is worth it? No, sorry, last sentence has no sense, if you believed that you would just have bought BTC for the price of the miner.
So... what crossed your mind? Honest question.
what if someone who wants to order now from BFL ... why wouldn't they buy this one for a cheaper price and faster shipment? |
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SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
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April 30, 2013, 04:39:28 PM |
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Try and sell it. People are paying crazy money for ASICs that are unlikely to meet ROI.
Unlikely to meet ROI? Let's see... on June 23, 2012, when preorders were opened up for BFL ASICs, difficulty was around 1.8 million. Now, difficulty is just over 10 million. That's a 5.5x increase. And yet, on June 23, 2012, the expected return on investment would have been calculated using $6 as the price per BTC. Now, the price is $140. That's a 23x increase. So it's actually 4 times as profitable now as it was when preorders first opened up.BFL miners will be quite profitable for quite some time. BFL would have to ship around 1.75 MILLION Single SC's in order for it to be unprofitable to run a Single SC at $0.08/kwh. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 04:43:27 PM |
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Nobody is going to buy an April order... For now. Maybe next year, when it's very likely that you will get it soon, somebody is going to be willing to pay for your preorder including a premium.... Or maybe not, because ROI will be impossible at that time.
Honestly, don't want to be rude, but I really cannot understand what crossed your mind when you pre-ordered in April. Maybe you are new and did not make any research? Maybe you thought BTC would skyrocket so even 0.0001BTC mined is worth it? No, sorry, last sentence has no sense, if you believed that you would just have bought BTC for the price of the miner.
So... what crossed your mind? Honest question.
what if someone who wants to order now from BFL ... why wouldn't they buy this one for a cheaper price and faster shipment? Yeah, I thought you were offering the pre-order for a premium, I see is not the case, so yours is not a bad offer... But still is an April order, paying $1K for a unit you will get in 2014 is still quite crazy IMO. BTW, honest question: what crossed your mind when you decided to order to BFL on April? You really thought they were going to deliver soon? |
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ragingazn628 (OP)
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April 30, 2013, 04:52:19 PM |
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Nobody is going to buy an April order... For now. Maybe next year, when it's very likely that you will get it soon, somebody is going to be willing to pay for your preorder including a premium.... Or maybe not, because ROI will be impossible at that time.
Honestly, don't want to be rude, but I really cannot understand what crossed your mind when you pre-ordered in April. Maybe you are new and did not make any research? Maybe you thought BTC would skyrocket so even 0.0001BTC mined is worth it? No, sorry, last sentence has no sense, if you believed that you would just have bought BTC for the price of the miner.
So... what crossed your mind? Honest question.
what if someone who wants to order now from BFL ... why wouldn't they buy this one for a cheaper price and faster shipment? Yeah, I thought you were offering the pre-order for a premium, I see is not the case, so yours is not a bad offer... But still is an April order, paying $1K for a unit you will get in 2014 is still quite crazy IMO. BTW, honest question: what crossed your mind when you decided to order to BFL on April? You really thought they were going to deliver soon? Because I felt stupid for not ordering Avalon when I had the chance... I literally had my bank info all typed in but decided it was too risky and closed all windows... |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 04:59:24 PM |
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Nobody is going to buy an April order... For now. Maybe next year, when it's very likely that you will get it soon, somebody is going to be willing to pay for your preorder including a premium.... Or maybe not, because ROI will be impossible at that time.
Honestly, don't want to be rude, but I really cannot understand what crossed your mind when you pre-ordered in April. Maybe you are new and did not make any research? Maybe you thought BTC would skyrocket so even 0.0001BTC mined is worth it? No, sorry, last sentence has no sense, if you believed that you would just have bought BTC for the price of the miner.
So... what crossed your mind? Honest question.
what if someone who wants to order now from BFL ... why wouldn't they buy this one for a cheaper price and faster shipment? Yeah, I thought you were offering the pre-order for a premium, I see is not the case, so yours is not a bad offer... But still is an April order, paying $1K for a unit you will get in 2014 is still quite crazy IMO. BTW, honest question: what crossed your mind when you decided to order to BFL on April? You really thought they were going to deliver soon? Because I felt stupid for not ordering Avalon when I had the chance... I literally had my bank info all typed in but decided it was too risky and closed all windows... Something similar happened to me with Avalon batch #2 - but then I prepared and bought batch #3. That's a gamble on its own... And BTW: I also have a pre-order with BFL, but much earlier... And I paid in BTC (ouch!) |
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