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hamiltino (OP)
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July 03, 2013, 11:47:31 AM
Last edit: July 03, 2013, 03:45:37 PM by hamiltino |
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Not enough interest. Closed.
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stacking coin
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twentyseventy
Legendary
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Activity: 1386
Merit: 1000
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July 03, 2013, 12:18:02 PM |
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You guys would probably be better off buying the new blades instead of the USB sticks, wouldn't you? Also, it's not likely that the Block Erupters will every make back their investment in BTC.
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JimiQ84
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July 03, 2013, 12:22:05 PM |
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that's incredibly bad deal. 25% ownership for managing? Crazy.
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hamiltino (OP)
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July 03, 2013, 12:23:20 PM |
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I thought someone would ask that question.
98BTC for 2 Blades = 20gh/sec
99BTC USB Block Erupters = 33.3gh/sec
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stacking coin
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twentyseventy
Legendary
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Activity: 1386
Merit: 1000
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July 03, 2013, 12:24:38 PM |
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I thought someone would ask that question.
98BTC for 2 Blades = 20gh/sec
99BTC USB Block Erupters = 33.3gh/sec
Is that thew new pricing for the blades? |
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hamiltino (OP)
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July 03, 2013, 12:26:35 PM |
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that's incredibly bad deal. 25% ownership for managing? Crazy.
Changed to 10% thanks for the feedback. Your right that's too high. |
stacking coin
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Vbs
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July 03, 2013, 12:31:46 PM |
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No power expenses? Where are those coming from?
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hamiltino (OP)
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July 03, 2013, 12:36:02 PM |
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No power expenses? Where are those coming from?
All Power Expenses will be free. They are being paid by my 10% share ownership. (I have solar Power, electricity costs are low for me) |
stacking coin
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JimiQ84
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July 03, 2013, 12:36:54 PM |
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I thought someone would ask that question.
98BTC for 2 Blades = 20gh/sec
99BTC USB Block Erupters = 33.3gh/sec
there should be new blades (new design, less power consumption, smaller price) in few days that's incredibly bad deal. 25% ownership for managing? Crazy.
Changed to 10% thanks for the feedback. Your right that's too high. much better ;-) |
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hamiltino (OP)
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July 03, 2013, 12:39:44 PM |
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Anymore Questions, help and feedback welcome. I don't want this to be a dictatorship.
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stacking coin
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🏰 TradeFortress 🏰
Bitcoin Veteran
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Activity: 1316
Merit: 1043
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July 03, 2013, 12:45:14 PM |
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Lol.
Thank you for raising the value of my ASICMINER shares I guess, but nobody is going to buy any shares because it's a bad investment.
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canth
Legendary
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Activity: 1442
Merit: 1001
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July 03, 2013, 12:56:31 PM |
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Lol.
Thank you for raising the value of my ASICMINER shares I guess, but nobody is going to buy any shares because it's a bad investment.
You could probably double your money by buying 100 USB Erupters and hocking them on eBay. That would be a better investment. At this point, wait for the next generation of mining hardware from KnC or AM. |
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hamiltino (OP)
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July 03, 2013, 12:58:39 PM |
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That depends on so many variables. I think you are making to many assumptions.
At current difficulty. 100 BTC invested will get you 24 BTC per month. that's 1/4 of the initial investment back in 1 month. Which isn't bad at all.
I am not going to make any estimate of the increasing difficulty level; since there are so many variables to consider, which is anyone's guess how fast it will rise. But to sit back and say its not worth it, is a gamble in its self of the potential earnings one could loose. How long these ASIC preorder's are going to take has already been shown to take a lot longer than what most people expected.
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hamiltino (OP)
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July 03, 2013, 01:05:36 PM |
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Not Trolling.
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twentyseventy
Legendary
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Activity: 1386
Merit: 1000
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July 03, 2013, 01:23:09 PM |
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That's the old pricing (date on that post is May). AM just lowered the price on the USB from 2 BTC to .99 BTC, so they're making an announcement on the blades within the next few days as well. There's no way they would cut the price of the USB by ~50% and leave the blade pricing untouched.... It seems that you need to do some more research before working on this- |
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hamiltino (OP)
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July 03, 2013, 01:26:57 PM |
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That's the old pricing (date on that post is May). AM just lowered the price on the USB from 2 BTC to .99 BTC, so they're making an announcement on the blades within the next few days as well. There's no way they would cut the price of the USB by ~50% and leave the blade pricing untouched.... It seems that you need to do some more research before working on this- Can you link me the information about the upcoming announcement, thanks. |
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Rannasha
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July 03, 2013, 01:40:59 PM |
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Shares Available: 9000/9000 @ 0.01111
Currently The Minimum stock buy Order is 50 Shares.
50 shares minimum @ 0.01111? So the minimum order amount is 0.5555 BTC. With such an investment it's barely a step up to buy your own Block Erupter and get better returns. The whole business of buying mining hardware supported by issuing shares makes sense when it involves hardware that isn't very accessible to the average investor, hence the desire to purchase a small share of the operation. But with the minimum investment at over half the price of a single mining unit, which is easy to run for an average user, I don't see much point. |
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hamiltino (OP)
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July 03, 2013, 01:44:59 PM |
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Updated original Post, will be purchasing Block Erupter Blades upon the announcement.
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