Re: Official FutureBit Apollo BTC Software/Image and Support thread
Just so you all know, have just found this info.
https://shop.futurebit.io/products/pre-order-apollo-btc-a-bitcoin-asic-miner-and-desktop-class-computer-running-a-full-node-and-much-more-batch-1-ships-in-late-april-to-may?variant=33404796928099
Good luck to all
https://shop.futurebit.io/products/pre-order-apollo-btc-a-bitcoin-asic-miner-and-desktop-class-computer-running-a-full-node-and-much-more-batch-1-ships-in-late-april-to-may?variant=33404796928099
Good luck to all
Curious to hear people's opinions on the 'value proposition' of these units right now.
And to be clear, I am not trying to flame, but I am running two units from batch 2 that don't seem like they will ever achieve ROI.
To anyone purchasing now, what is your gameplan? What are your priorities and goals?
Just curious to get other perspectives, cheers.
If by "ROI" you mean "pay for itself" the answer is unknowable without knowing one's cost of electricity AND the price of Bitcoin at some future date. You should know your price of electricity so you can easily compute your monthly cost of operations, then project BTC however you care to.
As far as the machines themselves I have 2 Batch 3 machines mining Slushpool. They generate about 0.00021 Bitcoin a week, or 0.01092 annually. At today's price that's about $467.50 per year. If you buy ARK Investment's call of $1,000,000 by 2030 you're looking at about $87000 over that period. That doesn't take into account the expected 2024 "halving", BTW.
After all that, as an investor first, I look at these home or hobby miners as foreign currency bonds. So the $1400 I have in my two machines (a full and a standard) yield about 33% annually in USD.