Quote from: Usman056 on June 28, 2014, 06:12:12 AM

here is why i voted no. Why would you pay 8000$ per machine now ($88.88 per Mh/s), when KNC miner is offering a batch 2 of the titan (400+ MH/s) for 7000$ ($17.5 per Mh/s). Thats just retail, although its in the "future", they compensate for shipment delay. Furthermore, if your not familiar with PETA, and don't know the shit thats been happening there i suggest you you all read the past 5-7 pages.

i mean paying double for the mh/s now would make sense but damn 5.07 times does NOT. Furthermore, you will NEVER ROI, follow this link

http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2014-06-27&costperunit=60000&wattperhour=8400&gigahazarate=1000000&daytoincrease=3&testlopfirst=2&diffincrement=3&bitcoinperdollar=9.13&electriccostinput=.25&begindifflevel=13132

I used a conservative difficulty increase, but even if you change it to 3-5% increase per difficulty, it doesn't ever ROI. 2% does, in march of 2015, barely.
ordering from KNC miner using the same projects doesn't work out either unless the overall growth is 4% or lower. Thats based on 11 units RETAIL at 7k per total cost of 80,000 (all of our reinvestment money @600$btc). The future of this project doesn't look good, if we do this reinvestment, all we will be doing is letting cryptx take our money. We will effectively stop mining by according to the link above, by march of next year, but our dividend will be shot to hell. Just FYI, this does not look good either way, but at least with KNC miner, they have a proven record and might even increase the hashrate before its done.

I'm not going to bother doing that projection, if this new equipment comes in we're all pretty much screwed. If we wait, we Could make it out alive. PS. i did not take into account the BTC/LTC ratio, i just did 9.13$ per ltc.

We are not paying $8000 per machine...