Ninjastic
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Board Hardware
Re: [ANN] US/North American Bitfury sales now open ***full prototype pics***
by
Sp0tter
on 28/07/2013, 03:24:21 UTC
Quote from: jspielberg on July 28, 2013, 01:45:51 AM
Quote from: Kaega on July 28, 2013, 01:35:24 AM
Quote from: Sp0tter on July 27, 2013, 11:10:52 PM
I put in a refund request today on the website, will update and let everyone know how that goes.  (Ordered 1 25gh/s kit + 7 h-boards for ~49 btc.)

Can I inquire why you would want a refund?
My guess is that he doesn't believe that 200GH received at the end of October will return 49btc in its useful life.
My calculations are very rough, but I get 54 total BTC... so a very slight profit but risky.  If BTC price can get up a bit higher, I am interested in the october delivery, but with current prices, the risk/reward just isn't there for me yet.
My calculations may be ridiculous though as I am forecasting 130M on Nov. 1st.

I am forecasting ~150M on Nov. 1st with an avg of 20% diff increase per cycle until then.  With that model,  200 GH/s at 49 btc never pays off.  What might happen though is in a month for now diff is so high that Bitfurry slashes prices for current orders to keep everyone from backing out, and then I cry because I lost my place in line Smiley