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Title: Bitcoin Mining Dashboard - The Genesis Block Post by: tgb_jeff on July 18, 2013, 04:09:10 PM We’re the team behind The Genesis Block. We just built a Mining Dashboard as a free tool for the bitcoin community and would love your feedback. In short, it helps make a mining investment decision by providing full info on hardware options and showing a full payout schedule over time for each choice. You can check it out here: mining.thegenesisblock.com (http://mining.thegenesisblock.com)
http://thegenesisblock.com/wp-content/uploads/2013/07/payout.png Our team pre-loaded data inputs for available equipment, meaning all you have to do is select the hardware you’re interested in and the date you expect to start mining. The site then provides a month-by-month payout schedule based on operating costs and expected network growth. There’s also a sortable table at the bottom comparing ASIC options all in one place. Any comments or criticisms are very much welcome. We love building these tools and want to make them as helpful as possible. Title: Re: Bitcoin Mining Dashboard - The Genesis Block Post by: BTCGuy111 on July 18, 2013, 04:40:16 PM I was looking into purchasing an ASICMiner USB. Looks like it'll never return the cost. Is that right?
Also - the site looks great! Thanks for making this. Title: Re: Bitcoin Mining Dashboard - The Genesis Block Post by: tgb_jeff on July 18, 2013, 05:36:04 PM Thanks for the support.
Yes, it does appear at the current rate of difficulty increases that the USB miner would be more of a novelty than a proper investment. The ASIC table on the bottom of the page can be sorted by MH/s, and when used with the expected delivery time will provide a good estimate for the most profitable investments. Title: Re: Bitcoin Mining Dashboard - The Genesis Block Post by: sylance on July 18, 2013, 06:23:13 PM This is a great tool... but quite depressing. I wish I got involved several years ago as it seems that bitcoin will now consolidate into a 1% game. How can someone get a coin next year when the difficulty requires a huge financial investment that may not even generate a return? If I purchased a BFL miner today and receive it in 3-months then it's near useless as the difficulty voids the high hash rate.
Am I understanding this right? Title: Re: Bitcoin Mining Dashboard - The Genesis Block Post by: tgb_jeff on July 18, 2013, 08:10:17 PM It does seem that that the arrival date is pivotal to getting a good return. As these ASICs get pushed back their profitability seems to decrease almost exponentially.
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