Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners

You can play around with mining $$$ numbers here: https://tradeblock.com/mining/

Another one I like as well...

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php

With the price drop (therefore increasing amount of BTC to purchase ANY miner) it is ~~impossible~~ almost impossible to find any calculator that shows buying ANY mining gear (not singling out ST here) will be profitable (i.e., you will earn more BTC than you paid).

That is really a shame as I SO wanted to get some of their miners but cannot rationalize the expense Angry

Why not just buy btc? lol?

I have purchased some. Not nearly as interesting as mining, though.

you have to be able to thing beyond today.......

1) you buy BTC you have BTC

2) you buy a miner in about 5-6 weeks you have the same BTC and the ability to make more BTC if the price goes up or the difficulity goes down. Thats why these farms are rigging powerful mining units. Equiptment will be paid for and it will cost hardly anything to let it sit. However when the BTC price shoots up they can crank out milions of $$. Run your calculator at 2000 or 5000 BTC and see what you get.

Just last year we saw BTC go from 100 to 1250................ in todays world that would be like going from 500 to 5000 in a month!!!!!