Jalas question (BFL)

[BitCoiner2012]

What is the most any of you would pay for a Jala, if it could be in your hands now or tomorrow.

[chanberg]

i would pay 3 BTC MAX

[lyth0s]

For 4 BTC you could get a 10.7 GH/s blade in the next 8 days. A jalapeno currently makes 0.28 BTC a week.

4 BTC * $120/BTC = $480, $480/10.7 = $44.85/GH.

($44.85/GH * 5GH) + (0.28 * $120)= X  

$224.25 + $33.6 = X


X = $257.85 = 2.14 BTC


So when taking speed into account and the amount of BTC the jalapeno would make while waiting for the ASICMiner blade to arrive, the mathematically correct amount would be 2.14 BTC or $257.85 dollars. If difficulty were to increase to 75 million right now, then that would rise the price of the jalapeno by $5.

Obviously though people don't always figure out what machine is most profitable, so you could always just sell it on ebay, to a reseller or to a noob for 3-5 BTC.


Edit: Both items would require shipping, but if you could get the jalapeno shipped to you for less than $18 then add the saved amount saved = (18-x) to the jalapeno price.

[semaster]

with current difficulty I'm ready to pay no more then 1.5BTC for Jala

[BitCoiner2012]

with current difficulty I'm ready to pay no more then 1.5BTC for Jala

That's how I'm feeling.. on a generous day.. People seem to want 6-900 dollars... are people buying them at that rate?

Also, as far as eBaying things like ASIC goes.. is there risk like with bitcoin? I assume not since it is physical and ships?

[User705]

Keep in mind that a blade needs cooling and power supply and isn't truly plug-n-play.  There is a premium for that.

[chanberg]

i mean the way i see it is, blades do 10.7 gh/s and cost 4BTC

Jalas when overclocked with the new firmware do 8 gh/s and cost 3.5+, and its ready to run out the box with fans. And in my opinion is a pretty sexy looking device.

With the current price of BTC going up, it might just be profitable

[lyth0s]

i mean the way i see it is, blades do 10.7 gh/s and cost 4BTC

Jalas when overclocked with the new firmware do 8 gh/s and cost 3.5+, and its ready to run out the box with fans. And in my opinion is a pretty sexy looking device.

With the current price of BTC going up, it might just be profitable

With current difficulty trends a jalapeno that begins mining today most likely will mine less than 1.9 BTC over its lifetime of usage, so no matter how much USD a bitcoin goes for, you'd just be better off saving your 3.5+ BTC and selling them later on.

[mmitech]

If you get a jala for 300$ just go for it, it is a risk but if you keep in mind that BTC might rise in price then it is worth that risk. this is my opinion

[lyth0s]

If you get a jala for 300$ just go for it, it is a risk but if you keep in mind that BTC might rise in price then it is worth that risk. this is my opinion

I'f your going to buy a jalapeno for $300 based on the premise that BTC will go up, why not just buy $300 of BTC?

[mmitech]

If you get a jala for 300$ just go for it, it is a risk but if you keep in mind that BTC might rise in price then it is worth that risk. this is my opinion

I'f your going to buy a jalapeno for $300 based on the premise that BTC will go up, why not just buy $300 of BTC?

a miner choice, we can just speculate about difficulty vs BTC price, if we speculate about the income from bitcoin prospective then there is no device out there for sale in stock will make a ROI, if you look to ROI from fiat prospective as I do then there is big chance of ROI, I am not a trader and I tried the treading game but made only loses, so I would look at it this way I invest 300$ and I get it back after X time, and I still have the device which consume almost nothing and still make me pennies.

another reason,  I look to mining as a hobby as well. I don't know if allot of people share the same point of view with me, but I like to look to things this way

[lyth0s]

Yeah I like mining for a hobby as well (I do also make sure I'm going to get ROI).

But with your point about fiat, you could invest that fiat in BTC, sell the BTC later and get a ROI on your fiat. Without using the miner for hobby purposes, there is no miner needed to get an ROI on your fiat there. As long as the miner cost more fiat than its equivalent in BTC, then you are making the wrong choice (unless using it as a hobby or believing difficulty is going to cap for a while rofl).

IE for example if you spend 4 BTC on a jalapeno that will only ever make 2 BTC. You should have just bought 4 BTC in fiat, then sell it later. Instead of buying a miner for 4 BTC, waiting until you make 2 BTC back then just selling 2 BTC.


4 BTC > 2 BTC.

[mmitech]

Yeah I like mining for a hobby as well (I do also make sure I'm going to get ROI).

But with your point about fiat, you could invest that fiat in BTC, sell the BTC later and get a ROI on your fiat. Without using the miner for hobby purposes, there is no miner needed to get an ROI on your fiat there. As long as the miner cost more fiat than its equivalent in BTC, then you are making the wrong choice (unless using it as a hobby or believing difficulty is going to cap for a while rofl).

IE for example if you spend 4 BTC on a jalapeno that will only ever make 2 BTC. You should have just bought 4 BTC in fiat, then sell it later. Instead of buying a miner for 4 BTC, waiting until you make 2 BTC back then just selling 2 BTC.


4 BTC > 2 BTC.

well I do not know from where you got these numbers, But 300$ is around 2 BTC.... I do make my calculations as well, when you pay 300$/2BTC for a jalapeno you could mine more if we speculate about difficulty getting to stabilize some where, the same way when you speculate about BTC price, it is all about speculation no one knows where BTC will be the next 2 months or what will be the difficulty by than, this is why I said in my first Post that paying 300$ is a risk that he could take if he consider what I just explained.

and you get to keep the hardware for fun