Post
Topic
Board Group buys
Re: CoiningSolutions.com Neptune Poll
by
ejinte
on 15/03/2014, 13:30:33 UTC
Undef, Waldo is right. There is absolutely no chance of ROI on the Neptunes now, even if they arrived a month from today, and they won't. I'm really surprised at the amount of shareholders who still prefer to wait it out. If you take the time to assess the rate of increase of difficulty and the price of Bitcoin over the past 6 months, you will not be able to forecast exactly what the ROI will be but you can reasonable assume that the Neptunes will be unprofitable somewhere between 2 weeks to 2 months from the start of mining.

It doesn't matter how many shares you have, you will not mine the same amount of Bitcoin that you originally paid for your shares within that window of profitability.

It doesn't matter if mining is a speculative endeavor for you, not based on todays Bitcoin price but on the future price. The speculation would be more profitable if you got your original funding back in Bitcoin, or as close as possible to it.

I can't see what the motivation is to stay the course. I would love for this to be a profitable venture but as I stated around a month ago on this thread, that ship sailed long ago unfortunately.

Murt9000
Ok after reading this I also wanna go for a refund. Holding 8 shares. However didn't we buy the miner when BTC was around $1000? So if we get the refund in USD it would leave us with extra BTC? Or not?