Quote from: philipma1957 on November 04, 2013, 03:49:00 AM

Quote from: kano on September 02, 2013, 02:59:58 PM

Quote from: weaknesswaran on September 02, 2013, 02:55:08 PM

Just buy a preorder from another company.

Then you don´t know if it will ROI in the beginning.
Later you will realise you lost much more then buying asicminer hardware.

Lulz so you are saying you'd lose less.
Isn't the point to not actually lose at all?

Keep the BTC and you won't lose BTC Tongue

Buy AM and you almost certainly will lose.

Anyone who got a 10GH/s miner (of any brand) on the 14th of May will so far have made ~26.6BTC PPS expected.
Hopefully no one paid 50BTC for them back then, no chance they'll make 50BTC ...

keep doing your accounting in btc. 50 btc in may 2013 was as low as 80 a coin or 4000 usd. so if I took 4000 usd in may purchased 50btc and then purchased your 10th device holding on to every coin mined. I would now have 26 btc worth 210 each that is 5460 usd minus 4000 usd and you get 1460 usd. power cost would have been about 260 usd and your taxable profit is 1200 usd.

usa tax law would say that item made a profit. now I agree if you have paid 4000 usd for coins in may held them until now they are worth about 10500 usd so your profit would have been 6500 usd.

so both moves made money one move made less profit but still profit. We live in a world that most countries charge taxes base on the fiat of that country not BTC but BTC convert to the local fiat.

These 2 btc 38gh cubes at todays rates are around 420 usd . I use usd since I pay taxes in usd. If I buy a cube and mine vs buy coins and hold I am subject to very different tax issues. So your use of btc to explain profit is very naive or since I know you are a very good programer slick bs to con people that don't understand the tax laws of their country very well. My point is AM gear has turned profit as defined by USA tax law. It has not done as well as hold BTC has in the same time period. So to say AM is a loser is wrong as many of us made good money on USB sticks and blades.

I for one am looking forward to a 2 btc 38gh cube. but it needs to plug n play with bit minter's java client. They will use 120 watts vs 300 watts that the usb sticks use to mine the same gh.

Why should one buy a miner when the profit he can make only comes from the bitcoin-usd-price? All the work included and then having even less than simply keeping or buying and keeping bitcoins?

I only see preorder miners with positive ROI. Though this will have changed once they finally ship: http://mining.thegenesisblock.com/

I see you say that the profit coming from bitcoins hold against mined bitcoins have an even lower profit than mining? Could you elaborate? I dont see how this should work.