Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Rampion
on 04/09/2013, 09:40:36 UTC
http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares Smiley

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Wasn't it around 70$ when he ordered?

no, 5 june 2013, 15:53
http://bitcoincharts.com/charts/mtgoxUSD#rg180zczsg2013-06-05zeg2013-06-05ztgSzm1g10zm2g25zv
120$/btc

add VAT 23%
add shipping Smiley
add fee



So...

7000 (miner) + 1610 (vat) + 150 (shipping + 50-100 (bitcoin fees?) = 8860 / $120 = 73.8BTC

Nowhere near 90 BTC.

Yep, 70ish BTC is also the figure I'm considering from the very first minute to calculate ROI. I paid in $$, but you know, the right way to calculate the return is to see if you at least recoup the same amount of coins you could have bought with your $$ when you placed the order. The miners are still profitable, but honestly is not looking very good. If they are only a couple of weeks late, it will be hard to reach break-even.

Do not forget that all those calculators consider 100% uptime, which never happens. Calculating 90% to 95% uptime is much more reasonable, I'd recommend to insert 360GH/s as hashrate for a 400GH/s unit in order to factor possible downtime.