Quote from: PBmining on March 30, 2014, 03:18:08 PM

Quote from: apsvinet on March 30, 2014, 12:46:05 PM

Quote from: 5ick3uffalo on March 30, 2014, 12:20:10 PM

Quote from: hdclover on March 30, 2014, 07:37:50 AM

do you guys really expect this company will last 5 years ?

Reasonably speaking a 1 year contract and a 5 year contract will pay out essentially the same thing. Hardware that's 1 year old at this point can no longer be run profitably due to its inefficient energy use compared to modern equipment, and suffice to say that the current equipment will be made obsolete before a terribly long time.

This is true, you can't buy a 5 year contract and think you'll make the same profit for 5 years, it's not realistic. If they last even 1 year, and bitcoin price doesn't explode, crash, it'll have been a win for most of the investors.

There is always the chance that Bitcoin will increase in value significantly, at which point your original hash rate could continue being significantly profitable. We wanted to go this route because 1 year contracts seemed "standard" and we wanted to raise the bar a little bit. We do realize that most profits are seen at the beginning, but to cut off profits after 1 year seems unnecessary.

"increase in value significantly" ?