Quote from: testerx on December 12, 2013, 08:12:38 PM

Quote from: jatt2007 on December 12, 2013, 05:25:56 PM

For those who dont want to sell...

Even if bob is able to get the hash up to 10gh/s and keep it there (unlikely) and the difficulty goes up by 25% (conservative) we will never see $290 per share

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=908350862.43702&dcosts=0&diff_mincrease=25&blpbtc=25&dhsmhs=10000&diff_mincreasedecrease=0.1&btcusd=832.64&dpowcon=0&btcusd_mincrease=0&pcost=0&calcweeks=20&dleadtime=0&action=calc

http://bitcoinwisdom.com/bitcoin/calculator

selling is the best option!

This calculator is ridiculous, difficulty is not going to constantly go up by 25% every time until it hits 60 billion, it would take many times more than all the asic hardware that's coming down the pipeline to do that. Difficulty will go up and then level off somewhere in the billions range, maybe like 8-9 billion but it's not going to 60 billion this year.

Don't get me wrong, I think the $290 offer is a good offer but let's use realistic numbers not crazy ones. I voted to sell by the way, so I'm actually for selling but based on realistic numbers these units should recoup the 290 and then some, it'll just take some time and it might be worth it to have cash in hand to deploy on other mining projects.

lol fair point, i guess all im trying to say is even if these chips can mine the $290 it wont do so till well into April at best. Where if you sell now you can put that money in the r17 chips and get 5 times the hashing power which will start in february, so there is no sense in holding these chips now, as it has been mentioned by phillip and other members

jatt2007

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