Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: gpucoolingmethod on February 07, 2014, 12:17:24 PM



Title: how to calculate profit with mining contracts which reinvest btc for newhardware
Post by: gpucoolingmethod on February 07, 2014, 12:17:24 PM
The site calls it PROGRESSIVE!
first month 80% btc mined is reinvested into new hardware so you have more gh/s than you started with
next month 60% and so on

They say it is more profitable cuz difficulty keeps increasing so you will like extra gh/s in exchange for % of btc mined with the gh/s you had at start.

What do you think? How to calculate this?