Post
Topic
Board Group buys
Re: [OPEN] NinjaGRP#7 800GH Rackmount Avalon3 Miner $2700 Hosting as low as $199/mo
by
patriks
on 29/03/2014, 21:39:46 UTC
I urge anyone considering this group buy to do your homework before investing:

https://bitcoinwisdom.com/bitcoin/calculator

Using the values:
- 800 ghs hash power
- 2700 USD for hardware cost
- Monthly charge of 250USD

This hardware will NOT break even.  Not at 20% increment in difficulty, not at 10% difficulty increment... Only at 8% difficulty increase.

Please correct me if I am wrong, but I simply feel bad for people investing in such a group buy without understanding the hole they put themselves in.