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Author Topic: Will a Sep/Oct KNC jupiter ever ROI?  (Read 5324 times)
justanickname (OP)
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October 25, 2013, 11:02:05 AM
 #1

By ROI I mean: "mine the amount of BTC that could have been bought directly on day of payment for the jupiter, at least".

It should be about 55BTC to mine at least.

Seems impossible to me. What do you  think?
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October 25, 2013, 12:26:27 PM
 #2

By ROI I mean: "mine the amount of BTC that could have been bought directly on day of payment for the jupiter, at least".

It should be about 55BTC to mine at least.

Seems impossible to me. What do you  think?

So far, i've mined ~25.5 bitcoins with my day 1 jupiter.  After the next difficulty jump i'll be making about .7 a day.  I expect to make around 58 BTC with the device.  After which, maybe i'll solo mine and see if i get lucky Smiley
justanickname (OP)
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October 25, 2013, 12:35:42 PM
 #3

By ROI I mean: "mine the amount of BTC that could have been bought directly on day of payment for the jupiter, at least".

It should be about 55BTC to mine at least.

Seems impossible to me. What do you  think?

So far, i've mined ~25.5 bitcoins with my day 1 jupiter.  After the next difficulty jump i'll be making about .7 a day.  I expect to make around 58 BTC with the device.  After which, maybe i'll solo mine and see if i get lucky Smiley
When did you receive it and on what pool you mine?
waltermot321
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October 25, 2013, 12:46:57 PM
 #4

Yes for Sept shipment and no for Oct shipment...

high110
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October 25, 2013, 02:27:09 PM
 #5

That's amazing dude!  Wish I ordered a first day machine.

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leannemckim46
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October 25, 2013, 03:46:25 PM
 #6

Hardly ROI, only the first few days of the KNC shipment would ROI..

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October 25, 2013, 04:07:38 PM
 #7

I made also 25,7 BTC since 4th of October(day1) with my Jupiter.
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October 25, 2013, 08:26:32 PM
 #8

That's pretty crazy...still wish i bought it =)

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leannemckim46
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October 26, 2013, 02:56:41 AM
 #9

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

How much did you pay for it?

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October 26, 2013, 03:57:28 AM
 #10

No way it will ROI... Nothing sold these days seems to.
soniq
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October 26, 2013, 04:13:06 AM
 #11

No way it will ROI... Nothing sold these days seems to.

Hardly ROI, only the first few days of the KNC shipment would ROI..

your cheques are in the mail :-)

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October 26, 2013, 10:09:47 PM
 #12

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.
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October 26, 2013, 11:45:08 PM
 #13

In case you want to hear how the "Day 2" Jupiter's are doing:

First Jupiter:
Shipped from Sweden Thursday October 10th @ 3:30 am
Received (West Coast U.S.) Monday October 14th @ 3:45 pm
I was out of town, didn't get it hashing until Wednesday morning October 16th.

Second Jupiter:
Shipped from Sweden Monday October 14th @ 8 am
Received (West Coast U.S.) Thursday October 17th @ 4:30 pm
Starting hashing the same day it was received (Thursday evening).

Mining on the Bitminter pool.

So far, for the two Jupiter's combined, I've only received 17.5 BTC total.

At current prices, I've only made back about 22% of the purchase price (not counting power supply cost, electricity cost, shipping).

(Currently using the 0.97 firmware getting about 540 GH/s on each.)
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October 27, 2013, 12:43:09 AM
 #14

Day 1 Jupiter received on October 7th.  (Purchased for $7k)  Mined for 11 days @ 525 Ghs and then sold on Ebay (local pickup) for $8600.   

Jupiters are the best out there and I'm very happy with KNC.  (I have two additional Jupiters hosted by KNC which I'll let ride for 7 months!)

high110
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October 27, 2013, 03:47:06 AM
 #15

Good for you! Dude, sounds like you made a good return =)

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October 27, 2013, 04:26:49 AM
 #16

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.

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BitcoinHeroes
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October 27, 2013, 08:25:37 AM
 #17

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.

Well he still have like few more months to mine before difficulty go insanely high. He might roi.
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October 27, 2013, 03:42:50 PM
 #18

in our case the magic number is also 55 btc since at time of purchase of our jupiters bitcoin was at 100,- € and price tag was 5500,- €. interesting to read how much other day 1 owners have mined in the first few days, since knc hosting had a bad start.

we are happy with our purchase.
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October 27, 2013, 09:45:26 PM
 #19

in our case the magic number is also 55 btc since at time of purchase of our jupiters bitcoin was at 100,- € and price tag was 5500,- €. interesting to read how much other day 1 owners have mined in the first few days, since knc hosting had a bad start.

we are happy with our purchase.
If I recall correctly the pre-orders had a week to pay to remain in queue for Day1 delivery.  During that week the BTC cost for a Jupiter fluctuated between 55-65 (not including VAT or other costs).  I personally spent 59 BTC and remember being glad I didn't buy a day or 2 before as the cost was a few BTC higher.

I'm fairly certain the customers that will win out the best were the ones that paid 55BTC, mined for a week or 2, then sold the machine for a decent price.
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October 27, 2013, 10:25:53 PM
Last edit: October 28, 2013, 04:20:11 PM by MiningBuddy
 #20

in our case the magic number is also 55 btc since at time of purchase of our jupiters bitcoin was at 100,- € and price tag was 5500,- €. interesting to read how much other day 1 owners have mined in the first few days, since knc hosting had a bad start.

we are happy with our purchase.
If I recall correctly the pre-orders had a week to pay to remain in queue for Day1 delivery.  During that week the BTC cost for a Jupiter fluctuated between 55-65 (not including VAT or other costs).  I personally spent 59 BTC and remember being glad I didn't buy a day or 2 before as the cost was a few BTC higher.

I'm fairly certain the customers that will win out the best were the ones that paid 55BTC, mined for a week or 2, then sold the machine for a decent price.

Agreed -  Have you checked out ebay?  Man, the prices for used miners are off the hook.  People are not doing their calculations correctly...they are over paying per GHS.  BFL 60 GHS are going for 1300 - 1450 USD that's 21.7++ per GHS... that doesn't even make sense when you can buy it for .09 BTC  per GHS or under $20 per GHs on

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