Quote from: CanaryInTheMine on August 13, 2014, 10:06:31 PM

Quote from: philipma1957 on August 13, 2014, 10:01:04 PM

Quote from: JstnPwll on August 13, 2014, 06:06:11 PM

At 0.9 J/GH, a full miner would come out to 720-765 Watts, correct?

Using 800 GH/s and 720W over at https://bitcoinwisdom.com/bitcoin/calculator shows me that network growth would have to average only 10% in order to turn a profit. (This is assuming it takes 20 days from today to start hashing).

I'm on the fence.

no depends on the psu you use. say your 800gh pulling 720 watts from the psu. if your psu is 90% it will pull 800 watts from the wall plug. So my guess is an evga 1300 watt psu will read 800 at the kwatt meter.

so some of the cheaper price is lost back on power.

if compared to a s-3 but for much less price say 100 dollar less then 2 s-3's you burn back 50 cents a day in power or 15 usd a month extra for power. so after 6 months the s-3 is better.

bottom line is btc needs to go up in price after you take delivery on this gear.

I do my roi in usd not btc since I pay tax and do not want to face IRS issues.

the 1.04 btc is cheaper today in USD vs. couple days ago

buy 1.04 btc with USD instead of using your mined btc.

yep that is why a miner needs to have a coinbase account.
I purchased my coins for this from coinbase at 525 usd a coin. so my cost is 1.04 x 525 = 546 usd for 800 gh

As I have many psu's from gpu rigs. so my psu is paid for already just waiting for this gear.

I will be back to some mining gear in house

4 s-3's
1 tube
14 gridseed blades

about 3400 watts