Abandon Ship
with the 18% difficulty increase, maybe it is due to the sp30 being shipped, I do not think it is due to the S3 since they are on batch 7, and batch 6 did not sold out, so that means sales are slowing down.
With the huge difficulty increase coming 18%, lower bitcoin price which means the S3 is going up in bitcoins to compensate for the lower btc price in dollars and the fact that it is not sold from stock.
The S3 is no longer profitable even with free electricity, my previous 90 day ROI was based on a 10% difficulty increase, with 18% it changes everything.
Using the lower price of S3 taking bitcoin price at $565, the S3 will most likely go up in btc if btc goes down, ROI is taking 111 days with free electricity and free power supply, if we add any cost for electricity or ps there is no ROI.
Difficulty Day Week Month
Date Difficulty Revenue Profit Return
2014 -0.6613
8-13 – 8-19 (7 days) 19729 M 0.08772 0.08596 -0.5754
8-20 – 9-1 (20 days) 23280 M 0.1226 0.1202 -0.4552
9-2 – 9-14 (33 days) 27471 M 0.1039 0.1019 -0.3533
9-15 – 9-27 (46 days) 32416 M 0.08808 0.08632 -0.267
9-28 – 10-10 (59 days) 38251 M 0.07464 0.07315 -0.1939
10-11 – 10-23 (72 days) 45136 M 0.06326 0.06199 -0.1319
10-24 – 11-5 (85 days) 53261 M 0.05361 0.05253 -0.07936
11-6 – 11-18 (98 days) 62848 M 0.04543 0.04452 -0.03484
11-19 – 12-1 (111 days) 74160 M 0.0385 0.03773 0.002892
12-2 – 12-13 (123 days) 87509 M 0.03263 0.03197 0.03487
12-14 – 12-26 (136 days) 103 G 0.02765 0.0271 0.06196
12-27 – 1-8 (149 days) 121 G 0.02343 0.02296 0.08493
2015
1-9 – 1-21 (162 days) 143 G 0.01986 0.01946 0.1044
1-22 – 2-3 (175 days) 169 G 0.01683 0.01649 0.1209
2-4 – 2-16 (188 days) 200 G 0.01426 0.01398 0.1349
2-17 – 3-1 (201 days) 236 G 0.01209 0.01184 0.1467
3-2 – 3-14 (214 days) 278 G 0.01024 0.01004 0.1567
3-15 – 3-27 (227 days) 328 G 0.00868 0.008506 0.1652
3-28 – 4-9 (240 days) 388 G 0.007356 0.007209 0.1725
4-10 – 4-21 (252 days) 458 G 0.006234 0.006109 0.1786
4-22 – 5-4 (265 days) 540 G 0.005283 0.005177 0.1837
5-5 – 5-17 (278 days) 637 G 0.004477 0.004387 0.1881
5-18 – 5-30 (291 days) 752 G 0.003794 0.003718 0.1918
5-31 – 6-12 (304 days) 887 G 0.003215 0.003151 0.195
6-13 – 6-25 (317 days) 1047 G 0.002725 0.00267 0.1977
6-26 – 7-8 (330 days) 1236 G 0.002309 0.002263 0.1999
7-9 – 7-21 (343 days) 1458 G 0.001957 0.001918 0.2018
7-22 – 8-3 (356 days) 1721 G 0.001658 0.001625 0.2035
8-4 – 8-16 (369 days) 2031 G 0.001405 0.001377 0.2048
8-17 – 8-29 (382 days) 2397 G 0.001191 0.001167 0.206
8-30 – 9-10 (394 days) 2828 G 0.001009 0.0009892 0.207
9-11 – 9-23 (407 days) 3337 G 0.0008554 0.0008383 0.2078
9-24 – 10-6 (420 days) 3938 G 0.0007249 0.0007104 0.2086
10-7 – 10-19 (433 days) 4647 G 0.0006143 0.000602 0.2092
10-20 – 11-1 (446 days) 5484 G 0.0005206 0.0005102 0.2097
11-2 – 11-14 (459 days) 6471 G 0.0004412 0.0004324 0.2101
11-15 – 11-27 (472 days) 7636 G 0.0003739 0.0003664 0.2105
11-28 – 12-10 (485 days) 9010 G 0.0003169 0.0003105 0.2108
12-11 – 12-23 (498 days) 10632 G 0.0002685 0.0002632 0.211
12-24 – 1-4 (511 days) 12546 G 0.0002276 0.000223 0.2113
2016
It is taking almost 2 years to ROI 0.2 BTC with free energy and power supply.
At 10 cents the kilowatt there is no ROI, things are getting worse just a few weeks ago the point of no ROI was 25 cents per kilowatt with free power supply.
This means the S3 is dead unless the price is dropped bellow 0.5 BTC on the next batch, and most likely on the next batch it will stay at 0.66 or go up to 0.68 btc, and 0.65, 0.64 will not help since there have been already 3 batches in which the price has not dropped.
At this time I would suggest to wait, sales are slowing down, not everyone has free energy and a free power supply, sp30 sales are slow, the current batch has not sold out and current batch will not ROI one powerful reason to stay away from pre orders, once the sp30 stops selling they may start selling from stock and lower the price, if they do then the S3 will have to lower the price to stay competitive, otherwise it will go the way knc has gone. S3 sales are also slowing down, bath1 sold very quickly, so did batch 2, and 3, 4, batch 5 took a long time to sell out, and batch 6 did not sold out, I predict that batch 7 will not sell out at current price.
we will be lucky if the early S3 batch1 to batch 5 can ROI, batch 6 and up it looks very bad for ROI.
