Bitcoin Forum

Bitcoin => Mining => Topic started by: bitcointodayand on December 19, 2013, 12:55:23 AM



Title: Hashrate payouts with new machines
Post by: bitcointodayand on December 19, 2013, 12:55:23 AM

How much will payouts per GH go down once these new more powerful machines come online in February that people have been ordering?

Thanks.


Title: Re: Hashrate payouts with new machines
Post by: DrG on December 19, 2013, 02:27:04 PM
The earnings for a set hashrate have been going down at around 30% per 10-11 day period for the past 4 months.  Basically each month you'll make 1/2 what u did the previous month.  In 2 months earnings will be about 1/4 of what they are now.

Coincidentally the Jupiter spits out 500GH/s - to earn the same amount in 2 months you would need 2TH.  Cointerra's 2TH rigs will be making then what Jupiters make now.


Title: Re: Hashrate payouts with new machines
Post by: bitcointodayand on December 19, 2013, 11:18:47 PM

Thank you. Do you expect that same rate of decline to continue, or do you expect it to accelerate with proliferation of next generation machines in February?


Title: Re: Hashrate payouts with new machines
Post by: DrG on December 20, 2013, 04:13:44 AM
It will probably continue at 30% for the next 4-5 months and then start to taper.  It can't keep growing log growth rates unless BTC goes into 5-6 digit prices.

That's why I think buying hardware should be held off until June or so.