The first 20nm processing unit? A Bitcoin miner! KitGuru

Every single miner is operating at a loss. Even with 'free electricity', no miner in existence will EVER break even.

There is no such thing as 'free electricity', just as there is no such thing as 'free money' - it's just stolen from someone else.
But even if you suppose that electricity can be 'free', every Bitcoin miner currently available would never pay itself off.
There are only two 'pre-order' models which have a hope of breaking even, but as we all know in the world of fraud that is Bitcoin, 'pre-order' might just as well be called 'money-vacuum'.
Even these two pre-order models have ridiculously long break even times (with free electricity!):
Kncminer Neptune (Third Batch) - 151 days
Kncminer Mini Neptune (Third Batch) - 265 days
All the others will never break even, because if you look at the calculations, by mid 2015 they'll be making only a few cents a week when they have to earn thousands of dollars extra to break even. Not gonna happen.
The only two possible exceptions I can identify are the KNC miner Neptune (Second Batch) and the Spondoolies SP30 Yukon (pre-order, slated for September), which have a very small chance of just being able to break even by the end of it's total life - but definitely no profit.
Source: http://www.vnbitcoin.org/bitcoincalculator.php
submitted by lol_another_shill to Bitcoin [link] [comments]

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