Mining resources hosting/leasing service, worth it?

[PulsedMedia]

Both emailed is fine. I'm still not clear on the pricing though. Could you polish that and add usd?

Updated the pricing post.

I still don't know what's so illogical/fussy about them people don't understand :/

[1713882842]

1713882842

[1713882842]

1713882842

[bitpop]

Yeah I don't get it. Is it
$261 setup, never refunded, PER item?
$67/month BFL single
$57/month 7970

[PulsedMedia]

Yeah I don't get it. Is it
$261 setup, never refunded, PER item?
$67/month BFL single
$57/month 7970

Setup fees are PER item, never to be refunded. It's the upfront cost.

The rate per month stays same any billing cycle, so if you choose semi-annual payment cycle you pay monthly rate * 6 at that time, and again monthly rate * 6 after 6months.
Setup fee is *NON-RECURRING CHARGE*, and amount depends on payment cycle. If you choose monthly it is 175€, if you choose 6months or longer it is 75€

You also got your USD<>EUR exchange rate incorrect.

So, 6month payment is:
75€ setup fee: 100.50USD
6 months recurring charge: 49.95€*6=299.7€  or 401.60USD
Total: 502.10USD for first 6months
Then 401.60USD recurring charge.

*NOTE: It seems USD rate jumped today, just yesterday paypal quoted 1.26 when purchasing stuff from the US :/ That or Paypal has significantly increased their currency exchange profit margin. Latter is more likely.

[bitpop]

I like it, but now it just seems cheaper to buy a bfl for 599 for life

[PulsedMedia]

I like it, but now it just seems cheaper to buy a bfl for 599 for life

Yeah the exchange rate :/
Then again you need to add electrical, space, maintenance, failure rate etc. on the price of owned one.

I'm working on assumption that BFL Single MTBF is just 2years if lucky.
At 0.10$/kWh you are also spending ~70$ on electricity a year + the host machine. If you need A/C add another 30-50%.
Also BFL Single shipping is 34$

That already brings ownership of one for a year to over 700$

I based my maths on a 1.28 exchange rate.

[bitpop]

Ok youre right, do you have a bfl yet?

[PulsedMedia]

Ok youre right, do you have a bfl yet?

en route and few are still available.
Ordering more after the first ones arrive, and quantity depends upon preorders.

Also waiting on delivery for some 7970s