Quote from: RoadStress on July 05, 2014, 11:15:15 AM

Quote from: jimmothy on July 05, 2014, 09:30:53 AM

You really consider $1.66/gh a good deal? How is that possible when bitmain is offering $0.8/gh and shipping earlier?

Yes I consider it a good deal since it was done in March.

Just like how the neptune was a good deal in November? Or like how the monarch was a great deal in August? Or hashfast? Or blackarrow? Or cointerra?

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Quote from: jimmothy on July 05, 2014, 12:11:33 AM

Because NOBODY can predict the next bitcoin difficulty let alone the next 10+.

I consider it a good deal because you said it that nobody can predict the bitcoin difficulty so I tried to get the best of other stats like $/GH. As far as I know there wasn't a better offer back then and of course nobody knew what and when will cheaper miners release. It was the best decision at the moment. Looking back is easy to judge and especially if you aren't a miner like yourself.

You chose to take the unnecessary risk of preordering hardware 5 months away. Historically there has never been a preorder which ended up cheaper than in stock hardware. Maybe this is your first time being suckered in to preorders, but please don't encourage noobs to make the same mistake.

Wouldn't you agree the best decision at the moment would have been to buy a few bitmain s1s? Just about all S1's ordered before april have reached a positive ROI in btc and barely depreciated in value.

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The same way that nobody can predict the bitcoin difficulty we can't predict the exchange rate. Hoping/waiting for the exchange rate to increase seems too risky for me. I always make my decisions taking into consideration a fast increase in exchange rate, but also a stagnation for 6+ months.

So why gamble on the difficulty/exchange rate 6 months from now when you don't have to? If you expected a fast increase in exchange rate you should have just bought btc.

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As I previously said looking back and talking about past decisions is easy now. Doing it live is much harder. I invite you to start making money by either speculation or by mining and when you will have results come here and give advice and suggestions.

I hate to brag but I am not at a loss from my investments at havelock. Yes AM has tanked but I have done fairly well speculating with the difficulty derivative.

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Until then you are just a guy waiting for his non-existing AM dividends who just likes to chat about past other's people decisions, but who fails to put money where mouth is.

No you are trying to sell people BS and lies which I just don't buy. If the sp30 is such a great machine then spondoolies would have absolutely no problem selling it from stock like every Chinese manufacturer does.

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If you were unlucky enough to preorder an august batch sp30 directly from the website in april you paid ~26 BTC for one ~6TH or $2.8/gh..

jimmothy's math: 26BTC*450$=~12000$/5400GH=~~2.8$/Gh~~ <-- BIG MISINFORMATION, but actually it's 2.22$/Gh (for 5.4Th/s) and with the speed improve is down to 2$/Gh.

You know we are at $630/btc right?

If the sp30 is only 5400gh that would be $3/gh. That makes even the bfl monarchs look like a good deal.