GZCH
Newbie
Offline
Activity: 17
Merit: 0
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November 24, 2013, 12:58:58 PM |
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Never preorder again. Not after I got into Terrahash....
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giletto
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November 24, 2013, 01:16:06 PM |
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With current difficulty, how long its takes to generate the one btc in 3TH/s rate? couldn't understand from hash calculator. Any idea?
With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day.
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Vanderi
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November 24, 2013, 03:03:54 PM |
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Hello sock puppet. Welcome to the Forums! Your first post is a bit technical for a, well, first post. Isn't it?
Jerk. That is all
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bitcoinlord
Member
Offline
Activity: 70
Merit: 10
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November 24, 2013, 03:32:59 PM |
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I'm interested, especially it accepts paypal.
Subscribed.
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bitcoinlord
Member
Offline
Activity: 70
Merit: 10
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November 24, 2013, 03:35:28 PM |
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With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day. by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K. If that is true, I would buy 100 3TH/s miners in a beat.
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giletto
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November 24, 2013, 03:39:09 PM |
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With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day. by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K. If that is true, I would buy 100 3TH/s miners in a beat. If you are serious with your post, you are not the brightest light in math...
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forzendiablo
Legendary
Offline
Activity: 1526
Merit: 1000
the grandpa of cryptos
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November 24, 2013, 03:41:16 PM |
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id buy the machien so subbing thing is with paypal u have 30 days to file dispute. and this preorder is 3 months+.
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yolo
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giletto
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November 24, 2013, 03:51:28 PM |
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Actually you have 45 days to open a dispute in paypal, but your concern is right, at all.
I would never pre order a item 4 or 5 month ago. The past show, what happen with pre order customer.
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Syke
Legendary
Offline
Activity: 3878
Merit: 1193
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November 24, 2013, 04:12:59 PM |
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As BFL customers have found, when you go past the 45 day Paypal time limit it becomes very hard to get your money back. When Paypal finds out, they will shut down Kotak's account. Your only hope is to use a credit card through Paypal. Then you might have enough time.
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Buy & Hold
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amer
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November 24, 2013, 04:21:22 PM |
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With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day. by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K. If that is true, I would buy 100 3TH/s miners in a beat. You don't seriously believe that we will be anywhere near 609m difficulty in 4 months, do you?
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tips: 1amerApYUVjsKSuVUtfjxaoi7QXG7Zwao
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bitcoinlord
Member
Offline
Activity: 70
Merit: 10
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November 24, 2013, 04:33:43 PM |
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With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day. by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K. If that is true, I would buy 100 3TH/s miners in a beat. If you are serious with your post, you are not the brightest light in math... Jeez..get a grip. My calculations are for estimate only based on rough data here. Big difference. We do not control the difficulty calculations. Last jump in difficulty rate was around 13%. If the trend continues, my estimate may be good enough for now. ROI is what I'm after. These 3TH/s miners will be worthless in 1 year based on the increasing of difficulty levels.
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ralree
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November 24, 2013, 04:52:20 PM |
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If calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 You don't seriously believe that we will be anywhere near 609m difficulty in 4 months, do you? 5.9 billion looks like a decent estimate to me. I think it might even be a little high.
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1MANaTeEZoH4YkgMYz61E5y4s9BYhAuUjG
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zulover
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November 24, 2013, 05:16:30 PM |
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As BFL customers have found, when you go past the 45 day Paypal time limit it becomes very hard to get your money back. When Paypal finds out, they will shut down Kotak's account. Your only hope is to use a credit card through Paypal. Then you might have enough time.
thats all true but i remember credit cards have a 90 day limit sooooo.... order now...AND recieve in march...hmmmm.....
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RoadStress
Legendary
Offline
Activity: 1904
Merit: 1007
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November 24, 2013, 05:33:10 PM |
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As per the current work and research progress we are expecting to ship this hardware by end of March '14. There are no additional charges for shipment of the product and all shipments will be delivered via FedEx Express. However, the customer is liable to pay any customs/duties/taxes applicable in his country. We accept that our competitors have already created lot of panic with anti-customer business policies such as No Refund, Accepting payments via sources which do not have any consumer protections,etc hence we only accept payment via PayPal/Credit Cards and are liable to issue a refund to our customers if we are not able to deliver them products as per the delivery deadline. All further information about the product can be found at our website : http://kotaklabs.com/products/kl-yug/. If you have any queries/suggestions, please feel free to drop us a mail at contact@kotaklabs.comHave a great day! All potential scams have shiny cases. This is getting really old. Hey kotaklabs what technical details can you give about your chips? What node are they using? When are you going to tape out? Who is going to make your chips? What proof do you have for chips production?
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giletto
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November 24, 2013, 06:15:42 PM |
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With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day. by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K. If that is true, I would buy 100 3TH/s miners in a beat. If you are serious with your post, you are not the brightest light in math... Jeez..get a grip. My calculations are for estimate only based on rough data here. Big difference. We do not control the difficulty calculations. Last jump in difficulty rate was around 13%. If the trend continues, my estimate may be good enough for now. ROI is what I'm after. These 3TH/s miners will be worthless in 1 year based on the increasing of difficulty levels. Mate, seriously...how you can expect a continue trend? The trend will never continue linear, the trend is exponential!
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Xian01
Legendary
Offline
Activity: 1652
Merit: 1067
Christian Antkow
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November 24, 2013, 06:18:02 PM |
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*rolls eyes*
Well, you have to admit, it has been getting a bit boring around here, with a lack of fresh-new scams...
"-What is the power wattage? About 1300-1600 Watts. With our constant research on implementation of EnergyCutter technology we are still trying to bring this barrier down."
Even then, how is this product going to ever run in an average household ?! I mean, plug a nightlight into that same circuit and you're liable to trip it.
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giletto
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November 24, 2013, 06:23:14 PM Last edit: November 25, 2013, 03:58:45 PM by giletto |
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With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day. by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K. If that is true, I would buy 100 3TH/s miners in a beat. You don't seriously believe that we will be somewhere near 609m difficulty in 4 months, do you? What is your expectation, that it's lower? Just watch the new asic machine and then the exponential trend. I guess in march next year something around 5,941,344,136 is not that much fiction...but, of course, nobody can look clear in the future.
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kotaklabs (OP)
Newbie
Offline
Activity: 7
Merit: 0
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November 24, 2013, 06:51:51 PM |
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Just in case you dont know mate, If you asking the plug it's either 15 or 20AMPS AMPS x Volts = Watts 20A x 110V = 2200W An average 1.5ton Air Conditioner consumes about 1800W The product will come with an instruction manual, just in case. *rolls eyes*
Well, you have to admit, it has been getting a bit boring around here, with a lack of fresh-new scams...
"-What is the power wattage? About 1300-1600 Watts. With our constant research on implementation of EnergyCutter technology we are still trying to bring this barrier down."
Even then, how is this product going to ever run in an average household ?! I mean, plug a nightlight into that same circuit and you're liable to trip it.
Hello Friend, All the technical specs, our datasheet, a fully working prototype youtube video, our partners, etc everything will be rolled out on our blog soon. Meanwhile, you can also sign up for our newsletter for real time updates : https://kotaklabs.com/newsletter/As per the current work and research progress we are expecting to ship this hardware by end of March '14. There are no additional charges for shipment of the product and all shipments will be delivered via FedEx Express. However, the customer is liable to pay any customs/duties/taxes applicable in his country. We accept that our competitors have already created lot of panic with anti-customer business policies such as No Refund, Accepting payments via sources which do not have any consumer protections,etc hence we only accept payment via PayPal/Credit Cards and are liable to issue a refund to our customers if we are not able to deliver them products as per the delivery deadline. All further information about the product can be found at our website : http://kotaklabs.com/products/kl-yug/. If you have any queries/suggestions, please feel free to drop us a mail at contact@kotaklabs.comHave a great day! All potential scams have shiny cases. This is getting really old. Hey kotaklabs what technical details can you give about your chips? What node are they using? When are you going to tape out? Who is going to make your chips? What proof do you have for chips production?
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rammy2k2
Legendary
Offline
Activity: 1974
Merit: 1003
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November 24, 2013, 07:53:04 PM |
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bla bla ... nice photoshop case ... maybe we will have a product in 1 year .. send money now .. no thanks
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amer
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November 24, 2013, 07:57:44 PM |
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With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day. I use this website for example: http://bitcoinwisdom.com/bitcoin/difficultyIf calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136 Depend on this difficulty, the amount will decrease extremly: 0.01057BTC/Hour and 0.2537BTC per Day. by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K. If that is true, I would buy 100 3TH/s miners in a beat. You don't seriously believe that we will be somewhere near 609m difficulty in 4 months, do you? What is your expectation, that it's lower? Just watch the new asic machine and then the exponential trend. I guess in march next year something around 600m is not that much fiction...but, of course, nobody can look clear in the future. I don't think you understand how difficulty works - it's based on the total mining pool. Every time someone turns on a miner, the next difficulty will go up. Think about all the other companies releasing miners between 30GH to 1000GH in the next 2 months. It's going to be above 2B difficulty by March and I'm being optimistic. Please don't make statements on difficulty and hashrate if you don't understand the mechanics, it just confuses the new people.
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tips: 1amerApYUVjsKSuVUtfjxaoi7QXG7Zwao
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