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Author Topic: Future of Mining GH/S Cost?  (Read 2502 times)
sushi (OP)
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November 10, 2013, 08:49:20 AM
 #1

Am I wrong in math?  February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining  (Even Bitcoin went up to $400)?

I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to.

Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun.  Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.)

Where the average home and office space miners would be in early 2014?  60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. 

OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone?




>>> PM me for New ASIC Miner's Info.  We will go check it out <<<
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waltermot321
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November 10, 2013, 10:21:37 AM
 #2

2$ per GH/s should be lowest for coming months... 1$ per GH/s might have to wait for 2014 End...

ijphlrnxewho
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November 12, 2013, 05:34:51 AM
 #3

At the current moment, a Bitcoin mining contract is only $10 per Gh/s at http://www.BitcoinForSale.net
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November 12, 2013, 08:28:12 AM
 #4

At the current moment, a Bitcoin mining contract is only $10 per Gh/s at http://www.BitcoinForSale.net

I would like to know if anyone actually has a running contract with these guys yet cause that price isn't bad. Thats less then 1/3 of the GH price on cex.
realitycheck
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November 12, 2013, 10:45:43 AM
 #5

May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

CEX.IO  - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
wunkbone
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November 12, 2013, 12:30:59 PM
 #6

It should be 3$ per GH/s. so cex is overpriced...

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November 12, 2013, 02:02:59 PM
 #7

Yeap and we are already looking at a 10% str increase incoming, will be more then likely 15-20% by the time change over comes as the 2nd shipment of KNC miners has gone out yesterday.
johncarpe64
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November 13, 2013, 12:50:22 PM
 #8

May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..
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November 13, 2013, 12:51:49 PM
 #9

Future of hashrate / sec is really great.
bigb159
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November 13, 2013, 06:01:28 PM
 #10

May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..

There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor.
realitycheck
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November 13, 2013, 07:28:19 PM
 #11

May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..

There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor.

I agree with that too.

CEX.IO  - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
Feneusens
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November 14, 2013, 10:41:50 AM
 #12

May be a third cheaper - but you are stuck wioth the contract for 12 months - and we already know that the ROI for that doesn;t work out.

The reason why CEX,io is in more demand is because its easier to sell once you hit your roi threshhold.

nah, I believe its because of the ease of trading and to maintain..

There are lots of reason - the idea of starting mining now, and not when a manufacturer misses their promised shipping deadline is why I'm in favor.

The problem is the difficulty is still on the rise, I am guessing they are "testing" their customer's product before shipping it...

BitcoinAddicts
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November 14, 2013, 12:17:29 PM
 #13

Am I wrong in math?  February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining  (Even Bitcoin went up to $400)?

I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to.

Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun.  Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.)

Where the average home and office space miners would be in early 2014?  60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. 

OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone?





I believe so, but they are selling at 2$ per GH/s for Feb 2014....

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..SPORTS  │  CASINO  │  ESPORTS..
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Thenen
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November 15, 2013, 02:02:31 AM
 #14

Am I wrong in math?  February of 2014, the GH/S price has to be less than $1 per GH/S to break even on mining  (Even Bitcoin went up to $400)?

I'm sure the ASIS Manufactures will be making smaller and more efficient miners in to next year, but I wander where it will lead to.

Hobbyist may no longer be able to afford $6000 units with $150/month electricity just for fun.  Un-Witty investors may continue to buy high price miners and keep digging. (For them, they can actually use it for the tax write off even they are losing money and benefit the business.)

Where the average home and office space miners would be in early 2014?  60GH/S or even 420GH/S can't compete against the 2TH/S and larger machines and those larger equipment may require special power socket to operate in the house or the regular office wall wiring. 

OR the bitcoin can increase the value to $700-$1000 range to stay lucrative for everyone?





What difficulty increment did you put? Cause even 5$ per GH/s seems to break even on my calculation...
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