Crunching the numbers - even at a reasonably optimistic 10 % difficulty steps, this will lose a miner -3.239 before it becomes loss making/obsolete on the 6th February at $0.15 per kwh.
If paying $0.12 per kwh you would lose -2.887 by the 5th March, or at $0.10 per kwh a loss of -2.604 on the 14th April.
These depressing stats are based for you lucky boys in USA who have no import tax........for me in the UK the machine would stop being profitable on the 15th December!!! And would cost me a loss of -4.559 (original cost of -4.987 including shipping and import tax!!!).
DEPRESSING!!!
Anyone who has had a look at the colocation offer (saving a large amount of money due to the minimal shipping charge) this works out at a loss of -2.577 come the 5th March, at which point the hosting fee ($0.125 averaged over 6 months) would become more than the income generated per day.
So, unless you had free power why would anyone be buying these??? Even with a discount code these still lose a minimum -2.377 bitcoins and are obsolete in 6 months and one week from now!
Basically, after crunching the numbers, these need to be 0.91 Btc per unit to be in with a chance of just making a ROI (unless power is < $0.10 per kwh). Obviously, this price is unrealistic as shipping needs to be paid and Bitcoin need a price of atleast 1.5 Btc per unit to justify not becoming another Bitfury and keeping them all to themselves.....but the current price of around 4.16 Btc (including shipping) shows just how much they are trying to take advantage of people that may not fully understand the way the mining game works as this sales price is a 357% mark up on the 'break even price' for people that don't have any import tax to pay......the bitcoin world has gone mad, and unfortunately I think that the hobby miner is officially dead.
Buy coins and pray
If paying $0.12 per kwh you would lose -2.887 by the 5th March, or at $0.10 per kwh a loss of -2.604 on the 14th April.
These depressing stats are based for you lucky boys in USA who have no import tax........for me in the UK the machine would stop being profitable on the 15th December!!! And would cost me a loss of -4.559 (original cost of -4.987 including shipping and import tax!!!).
DEPRESSING!!!
Anyone who has had a look at the colocation offer (saving a large amount of money due to the minimal shipping charge) this works out at a loss of -2.577 come the 5th March, at which point the hosting fee ($0.125 averaged over 6 months) would become more than the income generated per day.
So, unless you had free power why would anyone be buying these??? Even with a discount code these still lose a minimum -2.377 bitcoins and are obsolete in 6 months and one week from now!
Basically, after crunching the numbers, these need to be 0.91 Btc per unit to be in with a chance of just making a ROI (unless power is < $0.10 per kwh). Obviously, this price is unrealistic as shipping needs to be paid and Bitcoin need a price of atleast 1.5 Btc per unit to justify not becoming another Bitfury and keeping them all to themselves.....but the current price of around 4.16 Btc (including shipping) shows just how much they are trying to take advantage of people that may not fully understand the way the mining game works as this sales price is a 357% mark up on the 'break even price' for people that don't have any import tax to pay......the bitcoin world has gone mad, and unfortunately I think that the hobby miner is officially dead.
Buy coins and pray