Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
matthewh3
on 11/01/2014, 17:47:08 UTC
It sounds like you're just terrible at timing hardware purchases. I've got three Jupiters that have been hashing away for 6 weeks are have already earned back 80% of the BTC I paid for them.

Pretty much everyone bought October Jupiters when btc was hovering around $100. So me and 7000-9000 others were terrible at timing hardware purchases by that logic Grin

In case it's unclear, I meant October units when I said "2000 - 5000 devices shipped after October 16th will not ROI". I wasn't talking about November units, just so that's clear.

November units are a different equation - what is the BTC ROI on those? 10-20BTC? I vaguely remember Phoenix saying he bought around the $350/btc mark.

November Jupiters were priced at 5k and were still available when the BTC exchange rate started going up, so I think a lot of folks picked them up from KNC for between 10-15 BTC, which was a pretty good deal.

Early Neptune orders will likely still be profitable if the difficulty is ~3 times as high as it is now. If it goes much higher than that before Neptunes ship, then I'll start to get nervous...

I did a rough calculation that batch one $10K Neptunes have until early May to be delivered to achieve their ROI in bitcoin at current average network difficulty growth.  While I'm not expecting the current average difficulty growth to increase much more and may actually continue easing off.  Unless we get some more dramatic price rises.  Which could push up the network difficulty growth.  So let's hope for price drops until they're delivered and then straight up to $10K per coin  Tongue