How much should I sell 1 Thash for?

[El Cabron]

What do you guys think would be a good price to sell a 1 Thash portion of a 2 year ASIC mining operation?


It is using already ordered avalon chips, has .05 cent electric. $800 monthly fee for management and hosting. Should come on line in August.


Clearly there is no way to guarantee or insure this type of operation as we do not even have the chips in hand but assume we are operating in good faith.


Anyway please let me know your thoughts.


Thanks.

[John (John K.)]

This is highly dependant on the exact time the chips come online.

[firefop]

A terahash is still pretty large - I'd hold if I were you.

[FloridaBear]

My two cents:

I'm guessing difficulty will be somewhere in the 30-40 million range by mid-August. Assuming it will increase 15% (best case) to 20% every two weeks thereafter, 1 TH will make between 900-1200 BTC over its useful life (after hosting and electric), which I think will be around 14 months or so. I figure a fair price would be between 500-700 BTC to give a fair return accounting for the risk. This assumes a stable BTC price around $120.

Of course, a truly "fair" price will be the cost of equipment minus electric and hosting fee...

Just IMO, your numbers may be different.

[MashRinx]

Seeing that difficulty jumped 28% earlier today and, IMO, will only continue to go up at an ever-increasing rate, at least while this round of ASIC development and deployment plays out, it is going to be difficult to guess at future difficulty in the coming weeks/months.

Good luck with your decision.

[computerparts]

1 billion dollars!

[Malawi]

My two cents:

I'm guessing difficulty will be somewhere in the 30-40 million range by mid-August. Assuming it will increase 15% (best case) to 20% every two weeks thereafter, 1 TH will make between 900-1200 BTC over its useful life (after hosting and electric), which I think will be around 14 months or so. I figure a fair price would be between 500-700 BTC to give a fair return accounting for the risk. This assumes a stable BTC price around $120.

Of course, a truly "fair" price will be the cost of equipment minus electric and hosting fee...

Just IMO, your numbers may be different.

My guess is 30-40mill by mid-july, possibly even in june. My mid august guess would be 50mill+

[bcpokey]

@50Mil difficulty 1TH produces 302BTC/mo
@75Mil 202BTC/mo
@100Mil 151BTC
@150Mil 100BTC
@200Mil 75BTC

etc.

Pick your poison for what you think difficulty will be at the time you come online. Keep in mind that if you are able to get 1TH online, so can many others. I believe the estimates for the chip buys run at ~250TH total, so I certainly would use 50Mil as the absolute most optimistic bestest best case scenario you could ever hope for, and more likely in the 75Mil range as a minimum.

Growth rate after that is of course unknown, some sort of exponential decline, to arrive at an equitable cash-out value, recalling that you are shifting all risk onto the buyer, to offset your 'early order' advantage.

[FloridaBear]

1,400 BTC seems reasonable?

To high, too low?


This is a full service operation as well. Targeting people who have high electric or do not want to do it themselves.

Thanks.

1400 BTC is almost certainly higher than the total BTC that will ever be mined (starting in mid-August) by 1 TH, IMO. You may get some suckers at that price, but anyone who takes the time to do the math will know that 1400 is way too high.

[Rampion]

1,400 BTC seems reasonable?

To high, too low?


This is a full service operation as well. Targeting people who have high electric or do not want to do it themselves.

Thanks.

1400 BTC is almost certainly higher than the total BTC that will ever be mined (starting in mid-August) by 1 TH, IMO. You may get some suckers at that price, but anyone who takes the time to do the math will know that 1400 is way too high.

1000 to 1100?

Yeah. 1,000BTC is the aprox. amount of coins that 1TH would mine in a year with the following conditions:

Starting dif: aprox. 50 million
Profitability decline per year: 0.0282 (which means that diff. multiplies x35 during the first 12 months of the mining operation)

[Oreganobag]

Is this electrical cost in Thailand?

PM me or catch me on Skype. I'm in Bangkok and would love to talk to you more about this.