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Author Topic: Bitcoin "Monarch" PCI Express 600 GH/s cards.. What the heck  (Read 7819 times)
Takeshi_Kovacs
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August 20, 2013, 11:07:40 PM
 #21

If they deliver by end of year, that 600 GH/s unit will only mine 1.1 BTC/day  Shocked

If Bitcoin difficulty continues to rise at the current rate then one of these units will mine a little more than 2BTC in the whole of January next year. The 'mine it forever' total being around 4 BTC. Then you have to pay for electricity.

That is based on the 35% rise seen last cycle multiplied every ten days taking difficulty to a little over 3 billion by the start of 2014 and then just plugging that value into a bitcoin profitability calculator.

OK, perhaps difficulty will not increase at that rate but then 'perhaps' BFL will not deliver on time and the difficulty may be even higher by the time that they start to ship these units to customers.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Cockeyed
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August 21, 2013, 05:35:44 AM
 #22

What about founding an own company for mining products? I know it´s not easy by far, but if you cucceed, you will not need any bank´s credit and be booked out for the next years... Cheesy
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August 21, 2013, 07:51:37 AM
 #23

a lot of stupid ppl will preorder it.. so as long as people are willing to be ripped off we will always have some scammers around

The best estimate to date, for the past four days, BFL added just under six million dollars to their coffer sans ANY formal announcement. But heck, they earned it, for shopping a GPU blade is hard. They almost didn't meet the Saturday morning deadline. Luckily, Nasser, the Persian in France, stayed up late and answered all he wanted to answer, avoiding the important questions, in perfect English.

M
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        !
young3dvard
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August 21, 2013, 07:56:56 AM
 #24

If Bitcoin difficulty continues to rise at the current rate then one of these units will mine a little more than 2BTC in the whole of January next year. The 'mine it forever' total being around 4 BTC. Then you have to pay for electricity.

So you have to wait for 1000 USD per BTC to make ROI, not bad.
But January seems soo optimistic given their track record
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August 21, 2013, 08:10:03 AM
 #25

I sense great cocks power to ride in on emnating from here

Believing in Bitcoins and it's ability to change the world
colinistheman (OP)
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August 21, 2013, 05:34:41 PM
 #26

The best estimate to date, for the past four days, BFL added just under six million dollars to their coffer sans ANY formal announcement. But heck, they earned it, for shopping a GPU blade is hard. They almost didn't meet the Saturday morning deadline. Luckily, Nasser, the Persian in France, stayed up late and answered all he wanted to answer, avoiding the important questions, in perfect English.
Who is Nasser? What's this all about? And where did you hear this?



.
.BIG WINNER!.
[15.00000000 BTC]


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tacoman71
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August 21, 2013, 06:05:39 PM
 #27

At least they cleared out all 2012 orders for Jalapenos. Hopefully my April order comes soon Grin

Feeling generous? Like my post? Leave a tip at BTC: 1NZJ8cceqEiKDZGAJged2vNGCyfFMUEYPt
Phinnaeus Gage
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August 21, 2013, 06:29:59 PM
 #28

The best estimate to date, for the past four days, BFL added just under six million dollars to their coffer sans ANY formal announcement. But heck, they earned it, for shopping a GPU blade is hard. They almost didn't meet the Saturday morning deadline. Luckily, Nasser, the Persian in France, stayed up late and answered all he wanted to answer, avoiding the important questions, in perfect English.
Who is Nasser? What's this all about? And where did you hear this?

Please don't take my reply as dissing you, but... Seriously, if you don't know who Nasser is or have the knowhow to Google [Nasser Bitcoin], you are in a load of shit if you are a BFL customer or are planning on becoming one without doing one iota of due diligence. Do you even know who Sonny Vleisides is?
YipYip
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August 21, 2013, 09:17:49 PM
 #29

To be honest....I have used enough energy on these pplz.....

I am going to focus my own projects and leave the BFL ASIC madness....

Its just a waste of time..the only way these CONMEN will be taken down is prison...as the conman playbook always says

"There are new suckers born everyday"

L8rs  Cool

OBJECT NOT FOUND
colinistheman (OP)
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August 22, 2013, 11:40:20 AM
 #30

To be honest....I have used enough energy on these pplz.....

I am going to focus my own projects and leave the BFL ASIC madness....

Its just a waste of time..the only way these CONMEN will be taken down is prison...as the conman playbook always says

"There are new suckers born everyday"

L8rs  Cool
Smart decision. It definitely does consume a LOT of energy and time which could be directed into other positive directions, including bitcoin.



.
.BIG WINNER!.
[15.00000000 BTC]


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