Quote from: kthejung on February 11, 2014, 03:38:56 AM

Quote from: Sonny on February 10, 2014, 04:54:13 AM

Quote from: Searing on February 10, 2014, 02:36:07 AM

heh this was a fun read in that my oct knc Jupiter has made 40 coins so far on slush (2/9/2014) and I expect to get 45 coins out of it lifetime more or less

Just curious, if you buy bitcoin directly on the same day you pay for your ASIC, how many bitcoin can you get with the same amount of fiat?

Mining will result in more bitcoins then what you can buy with the same amount of fiat at the time you place a order; this is true only for higher end machines.

The only ASIC miners to ever pay back their BTC opportunity costs were Avalon Batch 1 & 2 and a few of the original Jupiter orders. All the other ASICs were a complete BTC dump including my day 1 BFL SC Single which cost 208.5 BTC and only mined 40 BTC to date.

Even some GPUs technically are a loss considering I bought 6870s in early 2012 that cost $150 (could have bought 75 BTC with each and there's no way a 6870 could have mined 75BTC) - although nobody expected BTC to go from 13 to 1200 in one year.