<p>The part you are missing is that it is a preorder and the current estimate is that if you ordered now, you would likely not receive your mining hardware until April 2014.</p>

<p>This site shows a good calculator and I have configured it to show the (lack of) profits you would make if you started mining with this miner starting in April:</p>

<p><a href="http://mining.thegenesisblock.com/a/7141b8c779">http://mining.thegenesisblock.com/a/7141b8c779</a></p>

CC BY-SA 3.0
2014-01-08T19:29:50.567Z
Thanks, that really cleared things up. So this card is only profitable if the value of bitcoins increase with time?
AliAkbo
CC BY-SA 3.0
2014-01-08T19:44:03.443Z
That is correct.
Scott
CC BY-SA 3.0
2014-03-21T00:24:30.070Z
Nice work Scott. Are there any ASICs out there that actually do justify investment?
tofutim
CC BY-SA 3.0
2014-03-21T21:16:05.967Z
Not that I believe and do trust me that I look.  The issue is that most ASICs that do justify an investment are preorders which unjustify the investment by the time you receive the ASICs in your hand.
Scott
CC BY-SA 3.0
2014-04-11T08:55:11.767Z
This is quite interesting, thanks Scott. Are there historical graphs of the difficulty ?
BlueTrin
CC BY-SA 3.0
2014-04-11T17:43:42.540Z
Yes, right here: https://blockchain.info/charts/difficulty
Scott
CC BY-SA 3.0
2015-05-22T14:25:51.617Z
or http://bitcoin.sipa.be
Jonas Schnelli
CC BY-SA 3.0
2014-01-08T19:15:15.143Z
2014-01-08T19:15:15.143Z
Scott
<p>Butterflylabs has a new 600 GH/s <a href="http://www.butterflylabs.com/monarch/">Bitcoin miner</a> for $2,196.  </p>

<p>According to <a href="http://dustcoin.com/">here</a>, 600 GH/s at today's rate would mine approximately $170 a day. This means you make back the original cost of the miner in about two weeks and start making a profit from there on.</p>

<p>This seems too good to be true. Is there something I am missing here?</p>

<mining-hardware>
Bitcoin Miner Profit using 600 GH/s Monarch from Butterflylabs
AliAkbo
# Bitcoin Miner Profit using 600 GH/s Monarch from Butterflylabs

(Asked by: username_0 on 2014-01-08)

Butterflylabs has a new 600 GH/s [Bitcoin miner](http://www.butterflylabs.com/monarch/) for $2,196.

According to [here](http://dustcoin.com/), 600 GH/s at today's rate would mine approximately $170 a day. This means you make back the original cost of the miner in about two weeks and start making a profit from there on.

This seems too good to be true. Is there something I am missing here?

**Tags:** mining-hardware


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## 1 answers

### Answer by username_1 on 2014-01-08. Score: 8 | Accepted answer

The part you are missing is that it is a preorder and the current estimate is that if you ordered now, you would likely not receive your mining hardware until April 2014.

This site shows a good calculator and I have configured it to show the (lack of) profits you would make if you started mining with this miner starting in April:

<http://mining.thegenesisblock.com/a/7141b8c779>

> **Comments:**
> **username_0**: Thanks, that really cleared things up. So this card is only profitable if the value of bitcoins increase with time?  
> **username_1**: That is correct.  
> **username_2**: Nice work username_1. Are there any ASICs out there that actually do justify investment?  
> **username_1**: Not that I believe and do trust me that I look.  The issue is that most ASICs that do justify an investment are preorders which unjustify the investment by the time you receive the ASICs in your hand.  
> **username_3**: This is quite interesting, thanks username_1. Are there historical graphs of the difficulty ?  
> **username_1**: Yes, right here: https://blockchain.info/charts/difficulty  
> **username_4**: or http://bitcoin.sipa.be  

---

