Bitcoin Forum
May 24, 2024, 11:43:03 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Approximate ROI on Mining Equipment?  (Read 678 times)
skeppi (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
June 23, 2013, 01:29:57 PM
 #1

Hi everyone

If this question has been asked before (and i'm pretty sure that's the case o.O) i'm sorry for this thread but i wasn't able to find satisfying answers on my questions so i finally decided to register and post this:

I've been browsing this forum and several other websites for a couple of days now and am willing to invest in mining equipment. Is it possible to make relatively correct assumptions on the approximate ROI if i, let's say, invest a 5-digit amount in equipment and consider the increasing difficulty? As far as i'm informed now it makes little sense to pre-order from BFL and maybe receive a piece of hardware in 2015 and gpu-mining seems to make no sense as well.

I came to the conclusion that buying USB asicminer erupters for 2 BTC a piece seems to be the most logical solution at the moment (?). Assuming that i'm willing to invest e.g. 10.000 € (~142 BTC @ 70 € per BTC) i could buy 70 erupters (1 for 2 BTC) hashing at 70 x 0,333 MH/s = 23,31 GH/s (equipment and power supply costs etc excluded). Can i hope for an amortization of the costs in 3/6/12/x months or will the rapidly increasing network hashrate leave me with hardware that can barely compensate for the power costs?

Thoughts? Recommendations? "Professional" advice might get paid.

Thanks in advance
TheSpiral
Full Member
***
Offline Offline

Activity: 322
Merit: 113


Sinbad Mixer: Mix Your BTC Quickly


View Profile
June 23, 2013, 01:33:21 PM
 #2

http://www.coinish.com/calc/
Click expert, put in your numbers.
Moheta
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
June 23, 2013, 01:52:44 PM
 #3

There is a lot of talk about ROI on the mining speculation sub forum.

https://bitcointalk.org/index.php?board=81.0
cesmak
Legendary
*
Offline Offline

Activity: 1050
Merit: 1009



View Profile
June 23, 2013, 02:13:03 PM
 #4

How much power use one unit of 333 Mhash ?

adviceadam
Newbie
*
Offline Offline

Activity: 7
Merit: 0



View Profile
June 23, 2013, 03:47:31 PM
 #5

How much power use one unit of 333 Mhash ?
Graphics cards generally use a lot more than ASICS, like the Block Eruptor USB.
pheaonix
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


http://casinobitco.in/ A+ customer support


View Profile
June 23, 2013, 04:28:40 PM
 #6

usb block eruptors are very inefficient for the price. you will likely never ROI.

buy some avalon chip products and a kncminer.

especially if you have 10k to spend.

this thread isn't 100% accurate but should give you a rough idea of whats going on and who is promising what

https://bitcointalk.org/index.php?topic=209750.0

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
skeppi (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
June 23, 2013, 04:37:45 PM
 #7

experimenting with the calculator lead me to the same conclusion. too bad... Tongue

but thx for the help and saving me money.
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!