Musent (OP)
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January 20, 2014, 08:29:48 PM |
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Are there any ASIC companies shipping out now and accept credit cards? If so, can you list site please?
Thanks!
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Syke
Legendary
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Activity: 3878
Merit: 1193
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January 20, 2014, 09:00:12 PM |
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https://megabigpower.com/shop/ should accept credit cards, and they ship immediately.
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Buy & Hold
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Anddos
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January 20, 2014, 09:01:58 PM |
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400gh wont be much btc mined per day
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brucemangy
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January 20, 2014, 09:10:09 PM |
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Is it me or even if any company would ship ASIC, they would not reach a return over investment in a finite time ?
I think it's best not to buy anything anyway ...
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Musent (OP)
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January 20, 2014, 09:14:39 PM |
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radi324
Full Member
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Activity: 196
Merit: 100
Muniti creator
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January 20, 2014, 09:33:54 PM |
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Don't trust calculators. You're missing one huge piece of variable: difficulty. Do you think the difficulty's going to stay like that all year?
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Musent (OP)
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January 20, 2014, 09:35:06 PM |
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Yeah I agree with you. Is there a better calculator yo use somewhere?
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pryzh
Member
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Activity: 179
Merit: 10
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January 20, 2014, 09:37:38 PM |
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The calculations are correct, but this is based on the current difficulty. Difficulty on bitcoin increases at an astonishing rate, i think someone mentioned 116% per month if i am not mistaken, but for example on the 22nd of December it was around 900,000,000 while now its 1,789,546,951. it has almost doubled in less than a month. There are some better calculators out there that allow to input a monthly diff increase percentage, that calc would bring you some more realistic values. e.g. http://bitcoinwisdom.com/bitcoin/calculatorOnce you input at least 100% into the difficulty increment you will see the realistic values. At the current moment in my opinion its too late to jump the bitcoin wagon with asics, the asic you buy now will be useless in 3 months (well for BTC at least) so if you do not manage to make a return, then you will be losing out instead of profiting. You could attempt to mine other SHA256 coins, but what i found was that when bitcoin diff jumps, people jump to other SHA 256 coins and once the diff is increased there they just jump back to btc mining. If i was you with money to spare, i would seriously consider mining Scrypt coins, there is a much bigger choice (well most are junk anyway) but you will have a more realistic return to every dollar spent mining dogecoin for example (which has tripled in its price in the last 72 hours)
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cp1
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January 20, 2014, 09:45:35 PM |
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450 GH/s will make you about 6.5 BTC. You could just buy 6.5 BTC for $5500 right now or you could purchase this miner for $6400 and wait a year to mine that much, paying at least $300 more in electricity. Assuming it doesn't break during that time.
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Anddos
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January 20, 2014, 11:33:25 PM |
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450 GH/s will make you about 6.5 BTC. You could just buy 6.5 BTC for $5500 right now or you could purchase this miner for $6400 and wait a year to mine that much, paying at least $300 more in electricity. Assuming it doesn't break during that time.
6.5 BTC where did you get that from lol...
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cp1
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January 20, 2014, 11:47:15 PM |
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6.5 BTC where did you get that from lol...
I calculated it.. what do you calculate?
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rammy2k2
Legendary
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January 21, 2014, 12:11:58 AM |
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bitfury also ships , but no ROI there
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B_ReaLm
Newbie
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Activity: 38
Merit: 0
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January 21, 2014, 01:06:44 AM |
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Don't trust calculators. You're missing one huge piece of variable: difficulty. Do you think the difficulty's going to stay like that all year? You are correct, the difficulty will change..... but the value of btc will change as well. What if it goes really high this year? That's the other variable that you gotta consider when mining. If BTC goes way up...mining equipment is golden. The real question if you are thinking about mining is, why are you doing it? If you are mining simply for profit, then you might be wasting your time. Real miners mine not only for profit, but to support the bitcoin network. I'm just sayin, do your homework before you purchase a miner if you wish to be profitable. You may find out that it's not worth your time, or out of affordable reach. BTC and mining is a movement for change in world finance, not just a profit venture.
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empoweoqwj
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January 21, 2014, 03:13:33 AM |
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If it ignores difficulty, its not a bitcoin mining calculator at all. Its being fraudulent.
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bclcjunkie
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January 21, 2014, 02:53:40 PM |
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and it has begun... https://bitcointalk.org/index.php?topic=425019.0hashfast has already started... cointerra is almost done with rig design and going to start shipping soon... cloudhashing is going to add 2 petahashes soon.... daamn the next difficulty is going to be absolutely mind boggling...
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vpasic
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January 21, 2014, 03:19:33 PM |
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Don't trust calculators. You're missing one huge piece of variable: difficulty. Do you think the difficulty's going to stay like that all year? You are correct, the difficulty will change..... but the value of btc will change as well. What if it goes really high this year? That's the other variable that you gotta consider when mining. If BTC goes way up...mining equipment is golden. The real question if you are thinking about mining is, why are you doing it? If you are mining simply for profit, then you might be wasting your time. Real miners mine not only for profit, but to support the bitcoin network. I'm just sayin, do your homework before you purchase a miner if you wish to be profitable. You may find out that it's not worth your time, or out of affordable reach. BTC and mining is a movement for change in world finance, not just a profit venture. how do you know if btc value will change??? is it going to change to higher value or lover value??? you know, mining btc was stop being hobby long time ago! we all mining for profit. one who is telling you that he mine for hobby and for bitcoin network support is full of crap and short in money to invest in much profitable mining gear. and for OP, stick with your money and wait for next generation miners (5-7TH) and be fast on ordering one!
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Tips: 1Ejj8eANy2PLZVwrWUczkbQ8kQY2JhKqp6
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empoweoqwj
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January 21, 2014, 04:16:18 PM |
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Don't trust calculators. You're missing one huge piece of variable: difficulty. Do you think the difficulty's going to stay like that all year? You are correct, the difficulty will change..... but the value of btc will change as well. What if it goes really high this year? That's the other variable that you gotta consider when mining. If BTC goes way up...mining equipment is golden. The real question if you are thinking about mining is, why are you doing it? If you are mining simply for profit, then you might be wasting your time. Real miners mine not only for profit, but to support the bitcoin network. I'm just sayin, do your homework before you purchase a miner if you wish to be profitable. You may find out that it's not worth your time, or out of affordable reach. BTC and mining is a movement for change in world finance, not just a profit venture. how do you know if btc value will change??? is it going to change to higher value or lover value??? you know, mining btc was stop being hobby long time ago! we all mining for profit. one who is telling you that he mine for hobby and for bitcoin network support is full of crap and short in money to invest in much profitable mining gear. and for OP, stick with your money and wait for next generation miners (5-7TH) and be fast on ordering one! You don't "know" that btc price will go up in next 6 months, but if you look at a graph of bitcoin prices since 2011, what would your best bet be? Advising OP to pre-order something very expensive when hashrate is going to go crazy by April .... let's just say I hope he ignores the advice and buys bitcoins instead
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Musent (OP)
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January 21, 2014, 04:27:32 PM |
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Thanks for all the great feedback. I've decided to roll my money into extra scrypt miners and use the profits off that to buy BTC directly. If the price of BTC goes back up to ~$1100+, I may revisit buying a SHA256 miner directly, but for now will hold off.
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