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Author Topic: suggestion to buy Bitforce SC 60GH/s  (Read 1692 times)
gbyg
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November 01, 2013, 01:29:43 PM
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Hi just wonder your opinion, I get a offer for 2 of them for €700. If I buy it today, do u think it will really break even in 30 days? Is there anything special about mining software I have to aware off? Thanks for your advice!

Electricty is 0.10€/kWh

Thanks for reading.
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Hili
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November 01, 2013, 08:08:12 PM
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Probably not, take a look at a few mining calculators on the interwebs and draw your own conclusion. The fact is that the difficulty is increasing very rapidly lately and it's becoming increasingly difficult to even ROI.

http://www.alloscomp.com/bitcoin/calculator  -- very simple calculator
http://bitcoinwisdom.com/bitcoin/difficulty     -- difficulty predictions
http://mining.thegenesisblock.com/              -- more realistic mining calculator
Xian01
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November 01, 2013, 08:19:28 PM
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My suggestion, is to take a hammer and beat yourself in the head for considering making that purchase.
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November 01, 2013, 08:30:29 PM
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Maybe a rubber hammer. €700 voor 120GH/s is still very cheap. @ today's price that €700 will buy BTC4.67.

With 120GH/s he'll make BTC0.6 the next four days, BTC1.58 in the next two weeks and BTC1.13 in the 2 weeks after that, .8 after that, .57 after that. Which totals at 4.68, given difficulty rises with 40% every two weeks. So with a bit of luck, he might ROI.
gbyg
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November 01, 2013, 11:19:14 PM
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Thanks for your opinion, i brought him down to 500 euro, at the end he get a better offer and sold it. so i am kinda relieved that i didn't have to tell him no. will go for 2TH COINTERRA IV, what you think to best way to pay them? bank transfer or bitcoin?
rudz
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November 01, 2013, 11:35:02 PM
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Thanks for your opinion, i brought him down to 500 euro, at the end he get a better offer and sold it. so i am kinda relieved that i didn't have to tell him no. will go for 2TH COINTERRA IV, what you think to best way to pay them? bank transfer or bitcoin?

if you have BTC, wait few days, probably a week and buy it with BTC. If my estimation is right, and BTC price reaches 225 in a week, you'll save almost 2 BTC, which is more than $400 Smiley

Goodluck with that! Even though I dont recommend you to invest in mining.
gbyg
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November 01, 2013, 11:45:22 PM
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if you have BTC, wait few days, probably a week and buy it with BTC. If my estimation is right, and BTC price reaches 225 in a week, you'll save almost 2 BTC, which is more than $400 Smiley

Goodluck with that! Even though I dont recommend you to invest in mining.

thanks for the advice
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November 02, 2013, 01:47:46 AM
 #8

Wait until its dirt cheap, but the difficulty might be to high at that time so just dont buy it
vpitcher07
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November 03, 2013, 01:40:27 AM
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My suggestion, is to take a hammer and beat yourself in the head for considering making that purchase.

This is the most educated and accurate response on this entire forum.

Bitcoin: The currency of liberty
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gbyg
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November 03, 2013, 10:35:02 AM
 #10

It was 500 for 120 GH
EccLipSe
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November 03, 2013, 11:10:20 AM
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if dificulty level rises so fast it is not a good investment. but who knows?
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November 03, 2013, 07:39:14 PM
 #12

It was 500 for 120 GH

if you paid 500 eur for 120 GH,
considering actual difficulty, and next difficulty increases, you should return of your investment at beginning of December (if you will start mining by 2-3 days).

At end of Feb 2014 you should have in your wallet about 6 bitcoins.

take a look at this great calculator
http://mining.thegenesisblock.com/
ScryptAsic
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November 04, 2013, 01:11:55 AM
 #13

Hi just wonder your opinion, I get a offer for 2 of them for €700. If I buy it today, do u think it will really break even in 30 days? Is there anything special about mining software I have to aware off? Thanks for your advice!

Electricty is 0.10€/kWh

Thanks for reading.

You will never ROI.... do some calculation and understand it before putting money into it.....
beegatewood
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November 04, 2013, 02:21:04 AM
 #14

Hi just wonder your opinion, I get a offer for 2 of them for €700. If I buy it today, do u think it will really break even in 30 days? Is there anything special about mining software I have to aware off? Thanks for your advice!

Electricty is 0.10€/kWh

Thanks for reading.

First, it is overpriced for such an old machine. It might just spoil really soon after you use it and the next gen ASIC is coming out. Smiley

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