These Titans may have decent ROI if they are actually able to mine Scrypt-N.
But there will be a ton of hashing power incoming as all these Titans are delivered.
So I think my vote is to return for a refund instead of ultimately waiting 10-15 months (estimate, if ever) to ROI.
EDIT: And all those Antminer L1's may start hashing in December/January, making it even more difficult to ROI. So my vote is definitely to return for a refund.
Thanks and considered! Are you in T1 or T2 (or T3) by any chance?
The difficult thing is if we DO decide to return the units, that means they cannot be opened. Do you see where I'm getting at? If we get 2 Titans today and we do not open them due to maybe returning them and then a week later everyone decides to keep them and mine, well, see, we just wasted a week of mining.
BUT! If I see a storm of people coming in saying let's attempt the return I will consider it, but we need a huge majority of people speaking for the miner they are listed in. Remember, I'm open to anything as long as all of you agree to a decision and know the reward or consequences that may come out of it. I only say that because I have done 2 refund/lawsuit ordeals and both have not turned out well, at all. I'm leaning towards just mining with the units (everyone's original intention when purchased) but I definitely see and understand how the circumstances have greatly changed since the original order times.
I am in T6, so I've got some waiting time. I do wish shareholders had the option to sell their shares off, though.
Selling the unit on ebay would seem to yield a little less than half the BTC I put in initially, so I'd rather not do that. I am certainly open to mining if it yielded a steady residual payout beyond 1/2 my initial investment. I just don't know if we will reach that point before you have to shut down the Titans due to negative returns.
I'll never pitchfork you, Waldo. I knew this was a gamble when I bought in. I would be thrilled to get .95 BTC for each single BTC I put in.
Anyone want my shares at 1 BTC each?! 17% off!
