Post
Topic
Board Computer hardware
Re: WTS CoinTerra IV TerraMiner™ IV 1.6 TH/s
by
orcephrye
on 28/04/2014, 08:33:53 UTC
I was just going to give these to people who where interested... but.. meh.

I think this has something to do with asking an amount (4700$) that your miner will never produce under current market prices.

10.30 BTC in a year until crazy difficulty = ~4400 $ --> Net loss 300 $ + shipping and whatnot.
https://cex.io/calc

Good luck.

The problem with that calculator is it doesnt factor electricity.  Pushing about 1900 watts to power that thing it would be lucky to make back $2000 in its lifetime.  Meaning about 49 Billion difficulty it mines almost zero after electric.

Huh? My electric bill is only about $150 per unit. And the unit will make more then $150 per month. In fact it will probably make well more then $2,000 worth in the first few months. Its the months afterward that is the question. Basically. Will the thing break even. And with the current price no. If bitcoin was to go up in price. Even to 550 it would make a profit. (Even with the price of power). I believe the price of BTC coin will go up in price. In fact it has to or else it will die. Within the next 6 months if the difficulty keeps going the way it is but the price stays the same even ASICs wont be energy efficient enough. That means that with the price will rise or BTC will die.

Thats why I am still mining with two others. I simply cannot plug this one in to anything.