Post
Topic
Board Hardware
Re: Avalon batch [3] countdown!
by
Anenome5
on 25/07/2013, 03:11:34 UTC
I cant believe it. They shipped the chips first. We will never reach ROI now.

For batch-3 devices that are delivered soon, you're looking at a 3-4 month ROI. Not bad, but not great. Any significant delay will kill that ROI as lots of hashing power is coming online late this year.

My calculations are not as optimistic. If I start mining with my 4-mod Avalon by Aug 5th the most I'll EVER get is approx 80-85 BTCs. I paid 103 BTCs so that means I got screwed by a lot of BTCs. Initially, long, long ago, I expected to make at least 2x what I paid for in BTCs so I could continue re-investing and still make something of a profit. That's all gone, particularly since the BTC-to-Fiat is not going anywhere up! Not sure whether to call this a Ponzi or a pyramid scheme. I got screwed with either.
How come you didn't ask for a refund then?