Quote from: TheOutride on October 18, 2014, 04:50:33 AM

Quote from: Chris_Sabian on October 18, 2014, 04:44:54 AM

Quote from: TheOutride on October 18, 2014, 04:32:16 AM

Quote from: Chris_Sabian on October 18, 2014, 02:57:51 AM

Quote from: TheOutride on October 18, 2014, 02:37:07 AM

Would it really be profitable to use the rockminer's T1?
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***NOTE: Price of powering the units may change according to your location.

Good analysis and calculations. The ROI, however, changes when difficulty changes. Every 14 days (maybe less if difficulty increases).

Quote

If it's so profitable to mine, why don't companies that make the ASICS use it themselves?

They do. AM started off self mining in 2013. Rockminer also has a small farm as well.

If a company can sell a miner for S dollars/euro/bitcoin or they can make M dollars/euro/bitcoin for self mining.

Whichever is great M or S is what they do. Since companies are selling miners, the company believes that S>M in this case.

Thank you, I did what I could with what I had. I just did some quick mathematics to find out what it would be worth/like. But the case is, the Rockminer T1's give the highest Mh/s per USD than any other miner out there. But it's in great part due to its high-needed power requirements.
More math time.

For the total investment was stated earlier of $480, you can purchase 1. Right? So lets say we get 3 of these puppies and haul ~2.7Th/s (or 2,700Gh/s) Overclocked, at a price of about $1450. (Add shipping depending on your needs)

Now, we need to figure out how much ~2.7Th/s (using the ~ (about) sign because variables play a lot, so I'll use the max safe overclock)
With an hourly rate of $0.63. For daily mined it would be:
$0.63*24 = $+15.12
Now the power consumption also triples, because instead of 1000w, we'll need 3000w, and using the same rate of $0.095 per hour per unit. So:
$0.095 * 3 = $0.285 per HOUR that the miners run.
And to figure out the daily,
$0.285 * 24 = $-6.84 per day.
So adding them up, daily you'll get a profit of :
15.12-6.84 = +$8.28 daily.

As for paying off and getting your ROI, it would be about the same as if you had one because your total invested went up, but so did your mining power and they did so proportionally. but lets do the math for it using the profit.
$1450/$8.28 = 175.12 So about the same days, or a little over 6 months. Now the same notes apply as my first math post. But the questions arises.. Is it worth it?
as Chris_Sabian stated, the companies sell them or use them depending on the outlook of profits.. So, as he said if profits for Selling > Self-Mining, how is that supposed to make us costumers feel better about going about and purchasing such products if these companies felt it didn't provide as big a profit..

And that is the biggest questions that you have to ask yourself. And the thousand dollar question in this case.

I was one of the usb rookies you know. I purchased 5 Ant Miner U1's for $57 each and thought I got a deal(average price was $60 each), and a USB hub from Anker and a cooling fan for the "rig," And so, I began. Back in January.. Mined for like two ish months and realized I wasn't getting anywhere. I did "mine" with my gpu, if we can call it that, but no matter which one i went with BTC or LiteCoin, wasn't going anywhere. So I figured, try some ASIC. And I found the ant miner u1's. Went for it.. Now I'm sitting here with 5 flash drive looking things that can't store anything, a usb hub (only good thing out of this deal lol) and a random fan that's got more dust on it than my ex.. So... I know that's the question that's worth the million, but I want to hear other's opinions. I've got the money for it.. Should I go ahead and get the 3 T1's? :3 I got bit-back hard with the -360 (Yes, negative) because I NEVER made my ROI from the u1's.. and here i am. I lived it. And it's curiosity that drags me back in.. But it's experience that's telling me to rethink it.

Actually, what you asked is the normal question for all investors and products, not for T1 only.Here is my personal opinion:
1. High ROI days by mining or selling miners have gone and will never be back.
2. power consumption will be very very closed between hardware manufactures, T1 is not good enough on that, but ROCKMINER can't do things to make hardware or software better, because we don't have so many times.However, there is still one thing we can cut the gap between our power consumption and others, that is the price of T1.
So, your question is only buying T1 or other miners, you need to calculate the electricity cost in the lifetime of T1 and pruchasing hardware cost.
Anyway,the cheaper of electricity the better to choose T1.