Quote from: Entropy-uc on December 19, 2017, 07:36:44 PM

Quote from: Phycodurus on December 19, 2017, 12:18:47 AM

Hey there Entropy-uc,

Can you back your statements with data?

For a setting of 50 DragonMint 16Ts ($1,710/pc including power source) = $85,500, today's profit is 3.1 monthly BTC according to Antpool: https://www.antpool.com/support.htm?m=calculator

ROI is around 1.5 months after purchase, even considering electricity costs.

Besides, the hardware itself doubles its value nowadays when in stock, so the return on investment is 200% already since the moment you receive the miners.

What's your opinion on these numbers? Do you see any flaw in my reasoning?

The only problem I see is that the difficulty increases every day, and from yesterday to today, according to this very same calculator, profits fell by 15%. I opened a thread about this today.

Flaws:
1. The equipment doesn't exist, no one has ever seen evidence that it is real, and there is a very large possibility you will get nothing for your money. What is the ROI for that?
2. If you do get it, it will be many months from now. Difficulty will definitely be vastly higher so your earnings will be a fraction of what you estimate.
3. Price can go down in the face of rising difficulty, it has happened many times before. Look at long term difficulty charts. Difficulty ALWAYS go up. Price can and does go down for years at a time.

I think the biggest issue here is getting the miners now, seems like every mining company is setting a limit to how many someone can purchase. As well as the how quickly they have been selling out - it would seem very competitive and difficult to buy a bulk order of miners. Canaan is doing MOQ of 60 units @ $150k that's way over your budget.

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