Bitcoin Forum
May 02, 2024, 02:12:05 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How much should I sell 1 Thash for?  (Read 2615 times)
El Cabron (OP)
Gnomo
VIP
Hero Member
*
Offline Offline

Activity: 840
Merit: 1000



View Profile
June 05, 2013, 03:36:15 PM
 #1

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.

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
Trolling
https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
1714659125
Hero Member
*
Offline Offline

Posts: 1714659125

View Profile Personal Message (Offline)

Ignore
1714659125
Reply with quote  #2

1714659125
Report to moderator
1714659125
Hero Member
*
Offline Offline

Posts: 1714659125

View Profile Personal Message (Offline)

Ignore
1714659125
Reply with quote  #2

1714659125
Report to moderator
1714659125
Hero Member
*
Offline Offline

Posts: 1714659125

View Profile Personal Message (Offline)

Ignore
1714659125
Reply with quote  #2

1714659125
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714659125
Hero Member
*
Offline Offline

Posts: 1714659125

View Profile Personal Message (Offline)

Ignore
1714659125
Reply with quote  #2

1714659125
Report to moderator
1714659125
Hero Member
*
Offline Offline

Posts: 1714659125

View Profile Personal Message (Offline)

Ignore
1714659125
Reply with quote  #2

1714659125
Report to moderator
John (John K.)
Global Troll-buster and
Legendary
*
Offline Offline

Activity: 1288
Merit: 1225


Away on an extended break


View Profile
June 05, 2013, 03:38:14 PM
 #2

This is highly dependant on the exact time the chips come online.
firefop
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
June 05, 2013, 07:20:50 PM
 #3

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


FloridaBear
Full Member
***
Offline Offline

Activity: 260
Merit: 100


View Profile
June 05, 2013, 07:54:29 PM
 #4

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
Sr. Member
****
Offline Offline

Activity: 389
Merit: 250



View Profile
June 05, 2013, 09:10:35 PM
 #5

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
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250



View Profile
June 05, 2013, 10:30:09 PM
 #6

1 billion dollars!
Malawi
Full Member
***
Offline Offline

Activity: 224
Merit: 100


One bitcoin to rule them all!


View Profile
June 05, 2013, 11:32:59 PM
 #7

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+

BitCoin is NOT a pyramid - it's a pagoda.
bcpokey
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
June 06, 2013, 09:40:33 AM
 #8

@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
Full Member
***
Offline Offline

Activity: 260
Merit: 100


View Profile
June 06, 2013, 03:10:43 PM
 #9

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
Legendary
*
Offline Offline

Activity: 1148
Merit: 1018


View Profile
June 09, 2013, 09:25:41 AM
 #10

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
Full Member
***
Offline Offline

Activity: 157
Merit: 100



View Profile
June 09, 2013, 04:44:33 PM
 #11

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.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!