Post
Topic
Board Mining speculation
Re: Asking for your advice
by
notlist3d
on 20/06/2016, 12:17:08 UTC
Hello guys!
I'm planning to buy S7 in near future, like an investment of money I'm ready to lose (I understand the risks, increasing difficulty and halving, but nevertheless). Online calculator says 190 days of ROI. My electricity price is 0.06/kWh, so I expect at least $200/month
So, the question is - is it better to wait for halving, will the price of equipment be down after the halving? Can I expect any decrease?
Another question is - how long can (S7) it live? I mean, do I need to be afraid that it can die before ROI?)

Thanks!

Your electricity rate is fine, but the time to enter is not. If you are persistent I would advice you to wait for the halving. A week after the halving the prices for equipment should go down.
Although I don't expect the prices 'to halve' which means either way you end up paying too much...

The difficulty adjustment and price adjustment will lag behind the block reward by at least a week if not a month.  Factoring that in waiting might not be the best case.

It is a trade off of getting a possibly cheaper unit, and giving up pre-having mining day's.  Some people talk about doing this but I think the machine's price already has it factored in that around X day's of mining are pre-having and so many after.   So I don't see after having some massive drop.   On price it is still going to be a great miner and running far after having... so it would be priced with that in mind I think.

So in my speculation yes likely cheaper.  But giving up the mining day's before having could be a decent amount of mining your passing up on for a price that is far from certain.  I think price drop will be more gradual not just drop off huge after having.   But pure speculation on my part.  Look at amount of time till having - http://www.bitcoinblockhalf.com/ by waiting you are giving up a decent amount of BTC in hopes of it dropping in price is only thing we know for sure.