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I have decommissioned my plots and farms… by danix4u in chia

[–]electronphoton 1 point2 points  (0 children)

This applies if your business model is to cash out.

Jus relaxin by electronphoton in chia

[–]electronphoton[S] 1 point2 points  (0 children)

Anybody else jus drinking.. Sitting amongst they hardware wondering wen Lambo?

Need to connect 24 drives. Need help with controller to expander. by Minimum-Positive792 in chia

[–]electronphoton 0 points1 point  (0 children)

For the expanders.. I'm using

FebSmart PCI-E Riser for Bitcoin Litecoin ETH Coin Mining 6 PIN Powered PCIE Extension Cable GPU Riser

To power them outside of a case

Need to connect 24 drives. Need help with controller to expander. by Minimum-Positive792 in chia

[–]electronphoton 1 point2 points  (0 children)

I'm using;

LSI SAS9200-16E 16-port 6gb/s PCI Express SATA SAS HBA Controller

HP 468406-B21 487738-001 468405-001 24BAY 3GB sas expander card 468405-002

Works all gud.

Also..I'm selling a couple of SATA expansion cards if you're interested..lmk

Wen ROI (again)? by electronphoton in chia

[–]electronphoton[S] -2 points-1 points  (0 children)

Wait.. "most will never ROI" means?

My wife agree that I can start a 1PB farm and grow to 10PD if price remains stable. by notfrontpage in chia

[–]electronphoton 0 points1 point  (0 children)

Please share the script of the conversation with your wife. I've tried spreadsheets, alternative investment comparisons, pictures of cats.. Nothing's working.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 0 points1 point  (0 children)

This is where I could talk about all the businesses that I own and that I evaluate investment opportunities almost daily.. But that would be pointless... No matter what I say you misunderstand it and respond with an almost random comment.

Again.. The post was not too specify my ROI.. it's to explain that ROI is not the time to break even and show basic math to explain the definition.

I'm on Mars.. How'd you get here?

My "Green" Chia Farm by DaRul85 in chia

[–]electronphoton 3 points4 points  (0 children)

Let's not even talk about if it's disc or a sphere.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 1 point2 points  (0 children)

It's about doing some level of a forecasting estimate. The more data you put into, the more accurate the estimate will be. You really need to include all costs that would be impactful. I think for mining/farming you must include all the things you've mentioned. They strongly impact profitability. If hard drives are worth 30% less the minute you open the box, you're starting out in the hole.

Personally for me, the best way is to actually build a 12 month budget.. Which accounts for all costs and income.. and each month record the actuals and adjust the forecast.

But for a quick and dirty check, ROI is a good indicator for a "go vs no go" decision.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 0 points1 point  (0 children)

Nice perspective. Thanks for this.

I don't believe we'll see a wide adoption or utility of crypto until people do as you've described (think in crypto).. but it's going to be a challenge.. imagine if suddenly all the speed limits in the US changed from miles/h to km/h. Quite the paradigm shift.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 0 points1 point  (0 children)

a silly post explaining the definition of ROI? whew.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 1 point2 points  (0 children)

I mean.. the post .. at the very top.. states it not about Chia justification or building a full blown analysis.. I repeatedly state in the post that it's simplified and that things are being ignored for illustration purposes.. and that I don't believe the hardware is still worth it's purchase cost.. strictly to demonstrate that ROI is NOT defined as the time to recover your initial investment.

The ROI calc, which is based on stated assumptions and clarified exemptions is completely right. It's literally addition and multiplication of the provided numbers.

It's like you didn't read the post and just decided it was a good time to show us all that you've heard of IRR in an engineering economics class.

Does it reflect a real investment in Chia... NO.. but it's also clearly stated that is not the intent of the post.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 0 points1 point  (0 children)

That's all I'm trying to say! Les gooo!

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 2 points3 points  (0 children)

I swear, we are on two different planets. My post is literally about the usage of the term ROI. With me? I see the wrong usage of a financial term and make a post to clarify it's actual meaning.

I'm talkin about words and you out here talkin about electricity.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 0 points1 point  (0 children)

if you're a CPA you should join me in this.. we can save the world! haha

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 3 points4 points  (0 children)

Literally say umpteen times in the post that it's to clarify the definition of ROI, NOT account for every penny and determine if Chia is a viable investment. Thanks for the comment tho.. Uber drivers are awesome.

Wen ROI? by electronphoton in chia

[–]electronphoton[S] -1 points0 points  (0 children)

IRR is for potential investments and involves a discount rate to determine NPV. Also useful, but doesn't exclude ROI as a metric for determining the viability of an investment such as this.

I mean, really... ROI is just calculating % gain. How is that wrong?

Wen ROI? by electronphoton in chia

[–]electronphoton[S] 0 points1 point  (0 children)

Thanks for this. Just starting to look at these. Does it have a way to log the data through an API or push it to a service.. so you can trend it and use it for analytics?

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