Upcoming asic miners dont stand a chance against difficulty

[sameev29]

At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even  do calculations to find out how much your hardware's hashing power will earn you at each difficulty.

As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see.

Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars.

[1715564270]

1715564270

[1715564270]

1715564270

[1715564270]

1715564270

[1715564270]

1715564270

[1715564270]

1715564270

[AmericanBit]

At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even  do calculations to find out how much your hardware's hashing power will earn you at each difficulty.

As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see.

Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars.

Well for me personally i bought bitcoins for 100 dollars. So when I spent 10 btcs on a neptune, I actually only spent 1k usd. So as long as that miner makes back over 10 btcs in its life, I win. Plus, there are other coins to mine, and there will be more coins to mine in the future im sure.

[Kergekoin]

Ill buy your Neptune for 2K and you will have +100% ROI in no time!  

[Jcw188]

It does seem like the increase in value of BTC has made a lot of the focus on the miners.  Now the hashing power is getting really expensive too.  It seems like it's centralizing mining power in the hands of the wealthy, when I thought one of the benefits of BTC was that anyone could participate.

[rograz]

I have no concept of exponential growth and how unfeasible a 30% growth rate/10 days is long term

FTFY

[crocko]

...Even Xtreme Miners 'The Lion' 7.5 Thash/sec ...

Xtreme Miners are legit ?
I saw no address on the website, no chip specification, only pulled from the .... 28nm ASIC technology and the prices are only in BTC.

[aryanet]

+1

The calculation in this worksheet suggests that if you missed TerraMiner IV (Jan-March) batch, you have no chance to even reach hardware breakeven:

http://www.vnbitcoin.org/detailcalculation.php?name=CoinTerra-TerraMiner_IV_2TH(april-batch)&startdate=2014-04-05&costperunit=5999&wattperhour=1200&gigahazarate=2000&daytoincrease=11&testlopfirst=5&diffincrement=28.67&bitcoinperdollar=860.09&electriccostinput=.15&begindifflevel=11298652253.052

[zhinkk]

Yep, not the wisest investment right now. The batches that come in march are going to be hard to ROI...

[Anddos]

Exactly i am pritty sure people have just shot them self in the foot with debt buying the neptune and expecting to run it 24/7.

[ceyre]

I personally believe that the network hashrate will begin to stabilize after Q1 2014.
Just my opinion, though. 

[DrG]

I personally believe that the network hashrate will begin to stabilize after Q1 2014.
Just my opinion, though. 

As long as there is an efficiency advantage people will keep buying newer hardware.  Once that kinda plateaus off then the purchasing will slow down.  People with free electricity will pick all the older hardware on the cheap and everybody else will buy the new stuff.  We still have a ways before we fine tune the TH/S/square foot.

[Syke]

Well for me personally i bought bitcoins for 100 dollars. So when I spent 10 btcs on a neptune, I actually only spent 1k usd. So as long as that miner makes back over 10 btcs in its life, I win. Plus, there are other coins to mine, and there will be more coins to mine in the future im sure.

I'll offer 12 btc right now for your Neptune order.

[nexus99]

At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even  do calculations to find out how much your hardware's hashing power will earn you at each difficulty.

As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see.

Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars.

People are buying these devices from their stash of profits. There is no new money being outlaid. if you are drawing cash from your bank account then its a painful proposition.

[Bismarckbkk]

People are buying these devices from their stash of profits. There is no new money being outlaid. if you are drawing cash from your bank account then its a painful proposition.

If youre going to mine less coin then you make you loose value.

[Jcw188]

As far as I'm concerned you have to assume the cost of btc is going up to justify spending anything at all on mining equipment at this point. I'm just waiting for some
Poor government or huge corporation to make a massive farm of rigs and centralize mining which will kill the heart of btc.

[AmericanBit]

Well for me personally i bought bitcoins for 100 dollars. So when I spent 10 btcs on a neptune, I actually only spent 1k usd. So as long as that miner makes back over 10 btcs in its life, I win. Plus, there are other coins to mine, and there will be more coins to mine in the future im sure.

I'll offer 12 btc right now for your Neptune order.

Yeah right, the neptunes will be like the jupiters now. Pay 6k, mine for 2 months with them, then sell em for 25k each on top of that...scrilla!

[zimmah]

At http://btc.re/miningcalc you can how much difficulty will increase at the rate of 30%.You can even  do calculations to find out how much your hardware's hashing power will earn you at each difficulty.

As we are all waiting for Kncminer,Black Arrow,Xtreme Miners big asic miners to start shipping in February and March 2014,have a look at the difficulty than from the chart.Even Xtreme Miners 'The Lion' 7.5 Thash/sec wont make money upto your expectations.Just do the calculations and you will see.

Whats the point to buy these high price hardware and mine while difficulty keeps going up like leaps and stars.

sure, because old hardware will definitely outperform new hardware.

[miglio46]

so nobody interested in the second neptune batch for 10k usd?

[AmericanBit]

so nobody interested in the second neptune batch for 10k usd?

they look good, but i already got 3.