Chavo (OP)
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December 03, 2013, 02:27:01 PM |
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Hi. Looking on this website there is a miner that can mine 7,500,000 Mhash/s its called Xtreme Miners The "Lion". Now I know that people are saying that mining isn't profitable but I cant stop looking at these figures. is it really as good as it looks? looking at mining figures I have input I get this: Coins per 24h at these conditions 5.3319 BTC Power cost per 24h 8.10 USD Revenue per day 4254.78 USD Less power costs 4246.68 USD System efficiency 3333.33 MH/s/W Mining Factor 100 at the end of the time frame 0.03 USD/24h@100MHash/s Average Mining Factor 100 0.04 USD/24h@100MHash/s Power cost per time frame 2958.53 USD Revenue per time frame 1226152.46 USD Less power costs 1223193.93 USD
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flexgroo
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December 03, 2013, 02:35:52 PM |
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8 dollars a day seems like a lot of money for the machine... thats a lot of power
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zimmah
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December 03, 2013, 02:41:29 PM |
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i don't trust that company.
much better to buy from KnC or blackarrow, they have already proven to be reliable.
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Gonfreep
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December 03, 2013, 02:46:45 PM |
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Insanity , good luck pal, that might be another butterflylab
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differential350
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December 03, 2013, 02:50:18 PM |
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8 dollars per day? A beggar would earn more moneys...
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Leehoya
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December 03, 2013, 02:55:32 PM |
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Before buying, you should ask yourself 1) Is it on preorder? 2) How much is the risk? 3) Will I be able to hit ROI? ( Include electrical cost) 4) Any trusted feedbacks about that company, if its reliable.
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jones31
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December 03, 2013, 03:03:42 PM |
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too bad they are labeled as scam all over the forum.
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Chavo (OP)
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December 03, 2013, 03:04:27 PM |
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Thanks for all your replys, $8 a day is the electrical cost not the bitcoins generated, the bit coins generated are 5 a day.
Less power costs 1223193.93 USD
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AndiDC
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December 03, 2013, 03:06:43 PM |
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There is already a thread regarding xtrememiners: https://bitcointalk.org/index.php?topic=345612.0As a german guy seems to be responsible for it, interested users can call him. From xtrememiners.net Impressum Owner: Mr. Berg Adress: Eschersheimer Landstraße 19-21 60322 Frankfurt am Main, Germany Finance Office: Frankfurt am Main IV Phone: +49 152 169 418 29
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Lewis2
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December 03, 2013, 03:08:15 PM |
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If they have machines that can do this, why would they sell them instead of letting those puppies mine for themselfs?
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Chavo (OP)
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December 03, 2013, 03:15:50 PM |
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guaranteed cash not dependant upon exchange rates. cash flow? just guessing.
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bitcoinpsftp
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December 03, 2013, 03:16:56 PM |
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If they have machines that can do this, why would they sell them instead of letting those puppies mine for themselfs?
That can be said for every single mining rig ever sold. It's 'because they rather not speculate on bicoin value/price, and make 100% sure profit in USD from a machine they can sell for very good profit. That's like saying "why do companies sell fishing boats, when they can use their own fishing bots to fish, and sell the fish".
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Chavo (OP)
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December 03, 2013, 03:22:51 PM |
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why sell the fish when you can eat them lol!!
So I assume that no one out there has a machine that can hash in the TH/s category? If these figures are real then can anyone think of a reason why not to do this other than the price of the bitcoin dropping??
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bitcoin_newbie
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December 03, 2013, 03:27:54 PM |
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I believe I read somewhere in this forum that Extrememiners are scammy. Personally would trust BlackArrow (again as I read from here, but no experience yet).
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Chavo (OP)
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December 03, 2013, 03:38:46 PM |
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So based upon the figures from a mining calculator. if I bought this http://www.blackarrowsoftware.com/store/prospero-x-3.html?sl=enand had 2000mhs then my farming rate would be Coins per 24h at these conditions 1.4218. Can anyone confirm that this is correct? also would you get the speeds constantly?
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torusJKL
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December 03, 2013, 03:57:54 PM |
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I would not give them any money until they prove those machines exist.
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umaOuma
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December 03, 2013, 04:02:05 PM |
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looking at mining figures I have input I get this:
Coins per 24h at these conditions 5.3319 BTC Power cost per 24h 8.10 USD Revenue per day 4254.78 USD Less power costs 4246.68 USD System efficiency 3333.33 MH/s/W Mining Factor 100 at the end of the time frame 0.03 USD/24h@100MHash/s Average Mining Factor 100 0.04 USD/24h@100MHash/s Power cost per time frame 2958.53 USD Revenue per time frame 1226152.46 USD Less power costs 1223193.93 USD
It might be true if you have one today. But if you have wait long and many other preorder it as well, it is question if you might make profit
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CoinName.bit
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December 03, 2013, 04:05:22 PM |
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I would not give them any money until they prove those machines exist.
It is a gamble for sure, but if you wait until there is proof that they exist, it is already too late. There will be too many orders in front of you and by the time you get your miner, it will not be profitable any more. Butterfly Labs orders ran into the same problem. I ordered my Jalapeno late and it took 6 months to get it. Now I'm only getting ~0.004 BTC per day with it, having spent ~$170 on the miner. It will take a while to pay for itself at that rate.
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bitmarket.io
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December 03, 2013, 04:07:15 PM |
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I can't trust any of that data considering those morons claim the price of a Neptune is $7K.
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Chavo (OP)
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December 03, 2013, 04:09:36 PM |
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yep it will mate at that rate.
It might be true if you have one today. But if you have wait long and many other preorder it as well, it is question if you might make profit
That's a very good point. it really depends upon when you get it and start it mining, time is money! Such a minefield, all I want to do is buy some kit!
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