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Title: Great estimation tools for buying a miner Post by: Ommid on November 20, 2013, 08:09:32 AM Hello
The following tools would help you estimate your miners' profitability by considering difficulty, hardware price, electricity consuption and so on: http://bitcoinwisdom.com/bitcoin/calculator I do recommend it before buying any miner. Besides you should bear in mind that the current BTC/USD ratio could be by all means bubblish as it was around 7 months ago that the price raise to 250USD and fell to 60USD. Title: Re: Great estimation tools for buying a miner Post by: ooTiGeRoo on December 20, 2013, 05:38:42 PM +1 to these calculators.
I've had people ask me if it's worth it for them to get into and I always point them to such websites. The genesis block calculator is also a good one. Unfortunately with bubbles, the ROI can be as quick as 3 weeks when LTC was $50+. Now it's nowhere near that. Title: Re: Great estimation tools for buying a miner Post by: Crypto Rigs on December 20, 2013, 07:11:10 PM I use the genesis block calculator and it's very helpful.
It's mind blowing the amount of hashing power that has increased over all the cryptos lately. I can't even expand my rigs as there are no cards to buy and the ones that are for sale are selling for above RRP. But, that's how Supply and Demand works. Title: Re: Great estimation tools for buying a miner Post by: Fonexn on December 20, 2013, 09:56:44 PM thanks very useful
Title: Re: Great estimation tools for buying a miner Post by: ondar82 on December 24, 2013, 08:33:26 PM great tool, thx :-)
Title: Re: Great estimation tools for buying a miner Post by: asso on December 27, 2013, 12:51:16 AM Thanks it is very useful tool
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