Quote from: dwdoc on November 03, 2013, 02:42:08 PM

Quote from: sharky34 on November 03, 2013, 02:31:36 PM

Hi folks,

I'm new (sorry if this is a dumb question)... but I'm interested in buying the HF Jupiter. But, when I look at calculators like - mining.thegenesisblock - according to their difficulty predictions, it would be lucky to generate a lousy $1k profit in a year (after $6k investment payoff). Am I missing something here, or how is anyone making money off this hobby now? Why is anyone buying these if even the latest/greatest units aren't paying?

Thanks
-Sharky

The Jupiter is sold by KnCminer not Hashfast. It is $5000 for November delivery. It will not ROI in its lifetime.
If you buy a mining device you have to do your homework, pick the right company and make sure you order on day 1 to secure "first day shipping." Then cross your fingers and hope they deliver on time.

Sorry, I meant the Sierra (3rd batch) for $6k, but I'm even surprised that the Jupiter (being a very new unit) wouldn't ever give a ROI. So if this is true even you experienced miners are constantly buying new hardware all the time.. your fancy new units at best will be obsolete after a few months? Sorry, I'm just trying to get my mind around this. Even if profit isn't your only concern, this seems like a pretty crazy arms race.