Post
Topic
Board Mining speculation
Re: Would a 300 ghs ROI by the time it arrived
by
bitdominion
on 30/11/2013, 01:02:59 UTC
Roughly half a bitcoin a week.

Discarding all the details; Today 550 GH/s brings in about 3btc or less a week.

The two big factors you are facing are:
  • Mining companies (some you hear about, some you don't) coming out with 1k - 2k TH/s machines in that time frame. Then there is KnC who will be close to distribution with their 3-4k TH/s Neptunes a month or so later.
  • Price. If bitcoin hits $3500 -$4000 mark by March then your investment may be worth it... better yet if you can crack half a bitcoin in three months and the price touches $10k-$15k well, therein lies the gamble.

All it really boiled down to was 'do I believe in bitcoin or do I want to make as much fiat currency as fast as possible.' Chasing fiat is like a dog chasing two rabbits with a high probability of losing both. Chasing bitcoin... well I wish I could predict what was going on at the time your mining machine would arrive, but I'll always bet on BTC.


~Jord