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Author Topic: Will a Sep/Oct KNC jupiter ever ROI?  (Read 5289 times)
zvs
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November 05, 2013, 11:50:44 AM
 #41

I made also 25,7 BTC since 4th of October(day1) with my Jupiter.

How much did you pay for it?

6995.-$ but i sold 22BTC on 210$, so im almost break even.

You're almost break even in dollars, but nowhere close to break even if you had bought btc with that 6995.
That is to say you could have bought about 60 btc with that $6995 then sold about 30 of them at 210 and recouped your original investment (and been ahead 30 btc). So, that should be your reference point for break-even.

ROI should be measured in terms of bitcoins that would have been needed at the time of purchase (~60) and how many bitcoins you have generated. So, it sounds like you're not even halfway there.

ride this next difficulty level, then sell it used to some sucker a couple of days before next difficulty jump
sergio
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November 13, 2013, 04:14:55 AM
 #42

it might ROI if purchased in Bitcoins depends on how the difficulty escalates, if purchased in dollars it will ROI, but it is also true that purchasing the Bitcoins would have been better investment.
buying a miner is a very high risk investments that can have high rewards, in case of loses they will not be very high, unless if you purchase from BFL and get the miner a year later.
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November 13, 2013, 01:07:22 PM
 #43

it might ROI if purchased in Bitcoins depends on how the difficulty escalates, if purchased in dollars it will ROI, but it is also true that purchasing the Bitcoins would have been better investment.
buying a miner is a very high risk investments that can have high rewards, in case of loses they will not be very high, unless if you purchase from BFL and get the miner a year later.

Hindsight is 20/20, therefore I think you got it backwards my friend.  If purchased in dollars, you will ROI.  If purchased in BTC, you'd be better off keeping the BTC last June/July/Aug.  You would have made triple if you just kept the bitcions last summer.  You would make nothing if you just kept the dollars.

Yes, purchasing the bitcoins would have been better.  20/20.  Heck, I think purchasing them now would be better than getting into mining.  They could be 1000 in a year.  Who knows.  Yes, BFL sucks.  They're an expensive lottery ticket at this point.  I will be solo mining with mine soon.

1 Jupiter would cost ~60 bitcoins last summer.  If you had a day 1 order, you'd have made ~20 at this point.  Maybe 10-20 more before next couple dif changes.  So all in all better to not buy in bitcoin last summer, but buy in USD.

IMHO

1PewuG8KZJUPK3CtvAkAs1Uw42rQgUv5Jk
chrono030
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November 13, 2013, 02:44:51 PM
 #44

Just checking in with my Day 1 Jup.  Looks like i've gotten 37.5 BTC back from my original investment - I've been dollar cost averaging out, so the higher BTC to USD goes, the less BTC i need to sell Smiley

37.5 / 57 = 65% of my BTC investment has been returned.

600watt
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November 13, 2013, 03:02:13 PM
 #45

i guess i am very lucky to have 93% return in btc and almost trippled in dollars with my jupiters.

THANKS KNC  Cool
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November 17, 2013, 11:51:46 AM
 #46

My Jupiter is using 700-800 Watts at the wall. The ASICs report using ~400 W. Anyone have an issue like this?

50% effiency is really bad, I would change the power supply if I were you...
whitemage
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November 17, 2013, 01:06:30 PM
 #47

i guess i am very lucky to have 93% return in btc and almost trippled in dollars with my jupiters.

THANKS KNC  Cool

Wohoo, nice... just curious that did you take into account your electricity charges for the 93% return?

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November 17, 2013, 01:44:20 PM
 #48

i guess i am very lucky to have 93% return in btc and almost trippled in dollars with my jupiters.

THANKS KNC  Cool

Wohoo, nice... just curious that did you take into account your electricity charges for the 93% return?

6 jupiters need approx. 4500 watt per hour = 108 000 watt per day = 3 240 000 per month.

that´s 3240 kwatt/h per month. 1 k/h cost about .25 cent (€) here.

they have been mining for 6 weeks now. so yeah, taking electricity charges into account they used approx. € 1200,- so far.



Omikifuse
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November 17, 2013, 02:52:47 PM
 #49

i guess i am very lucky to have 93% return in btc and almost trippled in dollars with my jupiters.

THANKS KNC  Cool

Wohoo, nice... just curious that did you take into account your electricity charges for the 93% return?

6 jupiters need approx. 4500 watt per hour = 108 000 watt per day = 3 240 000 per month.

that´s 3240 kwatt/h per month. 1 k/h cost about .25 cent (€) here.

they have been mining for 6 weeks now. so yeah, taking electricity charges into account they used approx. € 1200,- so far.





Nice to see people actually can make profit from buying mining equipment, so looks like KNC is after all the best company...
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