Off-Topic

[joeventura]

It's one hour until they start taking orders. They said they would provide proof of the chip order and they have not.

Not here or on their website.

Proceed with caution.

[xyzpdq]

Is my math (or something else) messed up here?

http://terrahash.com/hosting/ -> $50/month for DX Hosting.

DX w/10 blades = 128W * 10 = 1280W

Based on this electricity usage calculator...

http://www.electricity-usage.com/Electricity-Usage-Calculator.aspx?Device=TerraHash+DX+180+Ghps&Watts=1280&CostPerKWH=.05813&HoursPerDay=24

... it looks like unless I can get electricity for less than $0.05813/KWh, it is cheaper to have TerraHash host the hardware?

[Streets 2.0]

It's one hour until they start taking orders. They said they would provide proof of the chip order and they have not.

Not here or on their website.

Proceed with caution.

He was last active 03:58:28 AM - but they did receive their sample chips

[xyzpdq]

Are there any charts online that show theoretical difficulty in the weeks/months to come?  I've googled, but have not found what I think I'm looking for.  I'm curious to see what those that know more than me think will happen as the influx of ASICs hit the network.

[Streets 2.0]

Yeah, but every 2 weeks it will keep going Down, so say they deliver middle July, and its 10 dollars profit a day, and then 2 weeks later with everyone delivering soon, i am assuming it will go to 5 dollars a day, and then by mid august when most people are shipping their devices its pointless. Unless you just want to mine bitcoins for the fun of it, and hope that bitcoins goes to 1k a coin , or store it at your work and don't have to pay power costs

You are projecting difficulty to double every month and price of BTC to remain unchanged. Neither of those is likely.

Try this calculator.

Bitcoin Profit Calculator

Plug in some numbers for the 64 and the 16 boards.  Make sure you use the Expert mode to account for difficulty and deliver time. Try raising and lowering BTC price, difficulty and delivery time to get a sense of the variables involved.   A few weeks delay can have dramatic effect on your ROI.  It may make you reconsider how much you are willing to invest or risk with  TerraHash.

Cheers!

Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol

[pixl8tr]

Are there any charts online that show theoretical difficulty in the weeks/months to come?  I've googled, but have not found what I think I'm looking for.  I'm curious to see what those that know more than me think will happen as the influx of ASICs hit the network.

Try this site.  http://organofcorti.blogspot.be/ 

or this one http://bitcoincharts.com/

[stayhomedad1]

Is my math (or something else) messed up here?

http://terrahash.com/hosting/ -> $50/month for DX Hosting.

DX w/10 blades = 128W * 10 = 1280W

Based on this electricity usage calculator...

http://www.electricity-usage.com/Electricity-Usage-Calculator.aspx?Device=TerraHash+DX+180+Ghps&Watts=1280&CostPerKWH=.05813&HoursPerDay=24

... it looks like unless I can get electricity for less than $0.05813/KWh, it is cheaper to have TerraHash host the hardware?

I pay $0.085/KWh in the midwest, so I have a hard time believing that Silicon Valley has cheaper rates, but what would I know.

[hyperdallas]

Yeah, but every 2 weeks it will keep going Down, so say they deliver middle July, and its 10 dollars profit a day, and then 2 weeks later with everyone delivering soon, i am assuming it will go to 5 dollars a day, and then by mid august when most people are shipping their devices its pointless. Unless you just want to mine bitcoins for the fun of it, and hope that bitcoins goes to 1k a coin , or store it at your work and don't have to pay power costs

You are projecting difficulty to double every month and price of BTC to remain unchanged. Neither of those is likely.

Try this calculator.

Bitcoin Profit Calculator

Plug in some numbers for the 64 and the 16 boards.  Make sure you use the Expert mode to account for difficulty and deliver time. Try raising and lowering BTC price, difficulty and delivery time to get a sense of the variables involved.   A few weeks delay can have dramatic effect on your ROI.  It may make you reconsider how much you are willing to invest or risk with  TerraHash.

Cheers!

Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol

exactly what i been saying, you just buy one theses days for the *i mined bitcoin factor*

[stayhomedad1]

Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol

1.8% daily growth is not sustainable. IMHO

[gwoplock]

Yeah, but every 2 weeks it will keep going Down, so say they deliver middle July, and its 10 dollars profit a day, and then 2 weeks later with everyone delivering soon, i am assuming it will go to 5 dollars a day, and then by mid august when most people are shipping their devices its pointless. Unless you just want to mine bitcoins for the fun of it, and hope that bitcoins goes to 1k a coin , or store it at your work and don't have to pay power costs

You are projecting difficulty to double every month and price of BTC to remain unchanged. Neither of those is likely.

Try this calculator.

Bitcoin Profit Calculator

Plug in some numbers for the 64 and the 16 boards.  Make sure you use the Expert mode to account for difficulty and deliver time. Try raising and lowering BTC price, difficulty and delivery time to get a sense of the variables involved.   A few weeks delay can have dramatic effect on your ROI.  It may make you reconsider how much you are willing to invest or risk with  TerraHash.

Cheers!

Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol

did you put a comma in? it makes commas a decimal place. so it was "4.5" MH/s. take a look at this spread sheet that i made.

[hyperdallas]

Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol

1.8% daily growth is not sustainable. IMHO

The only way to make profit, is to keep making even more powerfull boards for cheaper wtb 1 t/hash for 500 bux!

[stayhomedad1]

Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol

1.8% daily growth is not sustainable. IMHO

The only way to make profit, is to keep making even more powerfull boards for cheaper wtb 1 t/hash for 500 bux!

+1

[kimosan]

Is my math (or something else) messed up here?

http://terrahash.com/hosting/ -> $50/month for DX Hosting.

DX w/10 blades = 128W * 10 = 1280W

Based on this electricity usage calculator...

http://www.electricity-usage.com/Electricity-Usage-Calculator.aspx?Device=TerraHash+DX+180+Ghps&Watts=1280&CostPerKWH=.05813&HoursPerDay=24

... it looks like unless I can get electricity for less than $0.05813/KWh, it is cheaper to have TerraHash host the hardware?

I pay $0.085/KWh in the midwest, so I have a hard time believing that Silicon Valley has cheaper rates, but what would I know.

In Campbell, 12 miles from TH, we've been paying an average $0.27/kWh with miners running 24/7 on a residential circuit. I don't know what they will pay in commercial rates.

[TheSwede75]

Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol

1.8% daily growth is not sustainable. IMHO

People that stare themselves blind on the diff numbers forget the entire principle behind the difficulty increase in crypto currency. THE INCREASE IS NOT LINEAR OR EXPONENTIAL! Diff increases are based on available hash power.. The increase curve should follow the same pattern as when GPU took over from CPU. Sharp spike in the diff while the processing power shifts from one technology to another and then a plateau or even drop once it's adjusted.

ASIC is nothing magical, once diff increases to the point that ASIC is no longer wildly profitable it will stabilize and ASIC will still be ROI+ until next generation of ASIC or new tech hits.

I don't get this number obsession, it's pure logic at work here people.

[Amph]

hosting device, is much more attractive, only $50 at month for 180ghs?
really good price, even with 100M difficulty, it will make roi in less than one day, or maybe i'm missing something..

[TheSwede75]

hosting device, is much more attractive, only $50 at month for 180ghs?
really good price, even with 100M difficulty, it will make roi in less than one day, or maybe i'm missing something..

One day? Yeah your calculations are pretty far off.

[gwoplock]

hosting device, is much more attractive, only $50 at month for 180ghs?
really good price, even with 100M difficulty, it will make roi in less than one day, or maybe i'm missing something..

you forgot to buy the board...

[CoinHoarder]

I thought they were opening up orders today?

Everything is out of stock.

[Kushedout]

20 Min to go.... I got the popcorn ready 

[gwoplock]

I thought they were opening up orders today?

Everything is out of stock.

9:00 PST 11:00 CST