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Is trading working for anyone? It seems really slow and unresponsive. Chatbox won't open for me too...
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οι πιο γρήγορες μεταφορές είναι μέσω Internet banking , αν αναφέρεσαι σε αυτό λέγοντας στιγμιαίες
και σαφώς από λογαριασμό σε λογαριασμό εντός της ιδίας τράπεζας πχ eurobank
Auto akrivos ennoousa. Meso online banking, nomizw oti apo EuroBank se Eurobank einai stigmees oi metafores. Apla den katalavainw, giati alles fores kanei 30 lepta to deposit na mpei sto BTCGreece wallet, kai alles fores kanei 24 wres... Pantos olla ta deposit mou exoun mpei kai den exasa oute satoshi  |
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what was the first pacmic payout rate , pacmic v2 is 0.45
first one was literally double it .7 They got greedy with version 2 and cut the interest in half essentially Half of .7 is .35, so they didn't slash it quite in half. I'm also not sure if the change could be described as greed, they likely needed to fine tune what is a nascent offering. That said, I'm not sure if I'm going to buy into this round. I think I could do better in the slightly riskier Hashnet market. Yea, if the original PACMiC was 22% APR, this one will be roughly 14% or so, not sure its worth it unfortunately since it isn't risk free and depending on the difficulty over the next couple of months, could actually be more risky than buying other hash since you can't cut your losses and get out. That being said, I will buy some because for now, I think they are a good stable return. EDIT: Also wondering if I auto buy from my version 1 PACMiC will it buy in to version 2? EDIT 2: NVM you Tracer answered that elsewhere. It doesn't appear to. Is there any way to purchase original PACMiC contract (with 0.7) from hashnest or from another user that wants to sell PACMiC? |
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Καλησπέρα. Έκανα μερικές καταθέσεις (300, 200, και 86,90 €) και όλα πήγαν ρολόι και οι καταθέσεις μου (απο EuroBank) εμφανιζοντουσαν στο BTC wallet μου σε 1-3 ώρες. Όμως, πριν 12 ώρες περίπου, έκανα κατάθεση 3€, αλλά δεν εμφανίστηκαν ακόμα, γιατί; Υπάρχει κάποιο ελάχιστο όριο για καταθέσεις; Γιατί τα μεγαλύτερα ποσά μπήκαν γριγορα, ενώ τα 3€ αργούν, και δεν μπήκαν ακόμα;
Τελικά δεν μπορώ να βρω κάποιο pattern. Τα 3€ κάνανε 22 ώρες να μπουν στο BTCGreece wallet μου. Άμεσος μετα έκανα κατάθεση 27€ και μπήκαν μέσα σε 30 λεπτά. Μετα έκανα κατάθεση 30€, πριν 3,5 ώρες και ακόμα να μπουν. Για κάποιο λόγο είπα υπαρχει ένα random χρονικό διάστημα για κατάθεση 30 λεπτά ως 22 ώρες... Ενώ θα έπρεπε να ειναι στιγμιαίο επείδη οι καταθέσεις μου γίνονται απο το λογαριασμό EuroBank μου, και οι μεταφορές απο EuroBank σε Eurobank ειναι στιγμιαίες. |
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Καλησπέρα. Έκανα μερικές καταθέσεις (300, 200, και 86,90 €) και όλα πήγαν ρολόι και οι καταθέσεις μου (απο EuroBank) εμφανιζοντουσαν στο BTC wallet μου σε 1-3 ώρες. Όμως, πριν 12 ώρες περίπου, έκανα κατάθεση 3€, αλλά δεν εμφανίστηκαν ακόμα, γιατί; Υπάρχει κάποιο ελάχιστο όριο για καταθέσεις; Γιατί τα μεγαλύτερα ποσά μπήκαν γριγορα, ενώ τα 3€ αργούν, και δεν μπήκαν ακόμα;
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Yeah man, I'm sorry. I'm 100% inclined to believe this is a scam for MANY reasons. The hash rate does not add up; I feel rewards don't vary like they should when compared to other websites that are mining with 100% certainty (like HashNest, where sequential rewards may vary 900% based on pure block mining luck); I live in Brazil and if the pool is really located here, there is NO WAY he can afford to pay the light bill (just for comparison: if someone in his state bought a BTC miner like an AntminerS5, the maintenance would go from the current 48% in China to 128% in Curitiba's state, Paraná - Brazil). At the same time I've only bet what I can afford to lose and it's been fun to be a part of such a risky hash market, where I'm probably not even trading real hash.
But claiming you've lost so many khs and then mention OUT OF NOWHERE, after various posts here complaining, another friend absurdly lost even more? I'll have to call bullshit on this one.
I really appreciate this insight on power rates. Things at SCC have been off for several weeks now ever since: 1. The site didn't pay out for several days because the "datacenter" was "shut down" due to "irregularities in the power contract." Are you referring to the recent, datacenter issue, where we were not able to chat or trade? The payouts did come in for me but with longer intervals 30-50 minutes instead of the normal 10 minute payout. As if they were on a buffer. if 30 minutes had passed, I got 3 times my 10 min payout. if 50, I got 5 times the normal payout... Did some people not get payouts at all? |
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The BEST Case sceario would be if price of BTC remains the same Then the daily revenue would be 1.44/386 = 0.003730570 = 0.0037% daily revenue after 286 days break even point So the question is which to buy  A) Something that pays itself in 93 days while giving you a 0.055% profit daily immediately and expires after 93? (low risk) OR B) Something that gives you 0.37% to 0.25% daily once it pays itself after 286 to 363 days of activation? (Medium Risk) Damn it I dont know which to choose. Please Vote: A or B? Thanks Hi. Posted first on this thread to try and get some real actual numbers people are receiving with hashnest AntminerS5 I was pleased to see more people looking for the same answers as me! Like you I really don’t know if I get AntminerS5 or PACMiC. Ideally I would get one of each and see the difference my self. But I can only afford one now. PACMiC seems to be the "saver" bet right now. Thanks to you’re calculations I can estimate that after 93 days I should get my invested 1 Bitcoin back plus some profit. My question is how much profit? Can you provide a number please? Yes PACMiC is definitely the safer investment and as I calculated earlier, assuming there is no increase in difficulty, the total profit after 93 days would be 0.05149402 BTC and of course you will get the money you spent for the 1000 GH back. Hope that helps i tried to look at this over and i am not getting the same numbers, how did you get this numbers if i may ask. when i did it i came to a amount that was 29% percent lower than what you had posted. Obiously i want your math to be correct lol but just asking  Perhaps its my fault that I have so many calculations in different posts. here are all of them. Please point out any mistakes. Enjoy: You can either by a PACMiC V2 or hash from an S2, S3, UMISOO, S4, or S5 which can be found by clicking Hash, then choosing the hash from the version of miner you want. So if you want to buy 1000 GH/s of S5, go to Hash, click S5, go to market and put in a buy order for 1000 GH/S.
Thanks. after comparing, it seems to me, that pacmic has less risk guaranteed roi, while something like s5 is higher risk as it depends on the difficulty and risks becoming unprofitable. right? Unless if I misunderstand the pacmic revenues: 0.0000000045 *60 * 60 *24 = 0.0003888 the first day You almost got the PACMiC revenue right, you also have to take it times the remaining principal. So towards the end of the contract, you are earning very little profit. so at current difficulty, the revenues that go toward the 1 1btc cost of the 1000 GH/s contract with the $0.098 kwh cost, according to coiwarst profitability calc the daily revenue would be 0.01056774 btc that goes toward the 1 btc investment and it would ideally break even in 93 days, if difficulty remains the same therefore the daily discount rate of investment would be 0.01056774. every month 10.57% is paid towards balance so the 0.0003888 every month gets decreased by the rate of (10.57%) for 93 day. since we know the bonus will be paid for 93 [EDIT: days], we can start from the 93rd day and go backwards. Effectively the the bonuses would be the sum of 0.000388 * (1+ 0.01056774) from day 0 to 93. Therefore using the future value formula: Future bonuses = 0.000388 * (1+ 0.01056774)^93 = 0.00103137 btc that's 0.103% profit on the the average daily profit would be 0.00103137 / 93 days = 0.00001109 [EDIT: I must have a mistake here... u can get this amount from faucets  ] [EDIT: OK, the above is wrong in different levels. It should have been 0.000388 * (1+ (1 - 0.01056774)/93)^93 since the bonus keeps getting decreased by .010, but its still wrong because this is assuming a block is found every day. If the pool is supposed to be 5TH then according to coinwars a block is generated every 0.2 days which is 5 times a day. The correct equation should be: 0.000388 * (1 + 0.01056774)^(5*93) = 0.05149402 for all 93 days. Thats a total of 5.15% in the 93 day contract. Makes more sense. so the average daily profit is 0.05149402 / 93 days = 0.00055370 BTC/day] Now the S5 burns 0.51/GH according to hashnet, its 1155 GH are 589.05W and hashnet charges $0.0976/kWh. Inputting this data on coinwars calculator, with the same exchange rate and difficulty, the profit per day is $1.44 or 0.00427719 BTC with the current USD 233.7979 exchange rate. so in 93 days the profit from revenues should be 0.39777867 BTC. It would break even is 268.06 days to generate our invested 1.1465435514, and start generating profit of 0.00427719 daily all this is however assuming that difficulty and exchange rate doesn't change over time... If the drop of btc price continues to drop at the same rate it has been, we could take an educated guess on how much is the btc gonna be worth after 286 days: if todays price is $230/btc according to coinbase, 286 days ago on August 30th, 2014, coinbase price was $504/btc Thats percentage drop of (504-230)/504 = 0.54365079. Note that the curve is kinda stabilizig, so assuming a continuous straight line drop is being extreme and over-safe (worst case scenario). so the worst case scenario would be that our break even btcs would need to increase by 0.54365079 more than 1.1465435514 so 1.54365079 * 1.1465435514 = 1.76986286 BTC and proportionally our break even days would also be 286.06 days * 1.54365079 = 441.58 days and the daily profits would actually be worth less by (1 - 0.54365079) * 0.00427719 BTC = 0.00195189 BTC Thats is still much more than the PACMiC V2, but there would but if I am not mistaken, there would be the risk of never breaking even, if the device becomes unprofitable before the 442.58 day worst case scenario... Unfortunately I still consider myself a newbie and am still not sure how and why the difficulty changes... Can anyone verify the math? And can anyone make anything out of my results? You have a ton of information and math in that post, unfortunately I can't take the time to read and understand the whole thing right now, but a cursory glance suggests that your evaluation of the S5 is correct, but I don't think your profit of the PACMiC seems right. For example... One of my PACMIC's V2 is showing after 5.1 days a profit of .00199889, which is already more than your math worked out to be, so you must have an error in there somewhere. I also don't think we can accept the premise that the bitcoin price will nearly half in the next 100 days. If that was the case, instead of buying anything, just sell your bitcoin now and take your cash. Price has been very stable for the last couple of months, staying in the 220 to 240 range very consistently. Personally, I believe we have seen the bottom, of course this is up for dispute, but I wouldn't take the bitcoin price into my calculations, anyway, we are concerned with getting more bitcoin than we previously had, not more USD Difficulty increases are based on the number of blocks found in a period of time. This is usually caused by more or less people mining on the network. The network self corrects to try and always release 2016 blocks every 14 days, which would be 1 block every ten minutes. When blocks start getting found faster or slower than that, then difficulty retargets happen, which make it harder or easier for blocks to be found. Oh. Thank you for your data. As I edited the post, I figured the previous amount is ridiculously small (u can make more than 1000 satoshi at faucets ), I think I found my error and based on your five day profit, my calculated average daily profit seems right at 0.00055370 BTC/day for a PACMiC contract Is there a re-invest feature of the PACMiC? If so how does it work? Maybe I can calculate the compound interest. And you are right about the drop of price. I used it as a worst case scenario but it is an impossible scenario. So I will calculate another less impossible worst case scenario. That would be if thee price of BTC drops half the rate of what it dropped the past 286 days. (More likely worst case scenario): worst case estimated drop = 0.5 * .54365079 = 0.271825395 so 1.271825395 * 1.1465435514 = 1.45820321 BTC and proportionally our break even days would also be 286.06 days * 1.271825395 = 363.8 days and the daily profits would actually be worth: (1 - 0.271825395) * 0.00427719 BTC = 0.00311454 BTC 0.00311454 BTC * $230 = $0.98/day ROE after break even would be 0.98/386 = 0.002548 = 0.25 % daily revenue assuming a worst case of 27% currency depreciation and risk of becoming unprofitable before... The BEST Case sceario would be if price of BTC remains the same Then the daily revenue would be 1.44/386 = 0.003730570 = 0.0037% daily revenue after 286 days break even point So the question is which to buy A) Something that pays itself in 93 days while giving you a 0.055% profit daily immediately and expires after 93? (low risk) OR B) Something that gives you 0.37% to 0.25% daily once it pays itself after 286 to 363 days of activation? (Medium Risk) Damn it I dont know which to choose. Please Vote: A or B? Thanks You have a ton of information and math in that post, unfortunately I can't take the time to read and understand the whole thing right now, but a cursory glance suggests that your evaluation of the S5 is correct, but I don't think your profit of the PACMiC seems right. For example... One of my PACMIC's V2 is showing after 5.1 days a profit of .00199889, which is already more than your math worked out to be, so you must have an error in there somewhere. I also don't think we can accept the premise that the bitcoin price will nearly half in the next 100 days. If that was the case, instead of buying anything, just sell your bitcoin now and take your cash. Price has been very stable for the last couple of months, staying in the 220 to 240 range very consistently. Personally, I believe we have seen the bottom, of course this is up for dispute, but I wouldn't take the bitcoin price into my calculations, anyway, we are concerned with getting more bitcoin than we previously had, not more USD Difficulty increases are based on the number of blocks found in a period of time. This is usually caused by more or less people mining on the network. The network self corrects to try and always release 2016 blocks every 14 days, which would be 1 block every ten minutes. When blocks start getting found faster or slower than that, then difficulty retargets happen, which make it harder or easier for blocks to be found. Oh. Thank you for your data. As I edited the post, I figured the previous amount is ridiculously small (u can make more than 1000 satoshi at faucets ), I think I found my error and based on your five day profit, my calculated average daily profit seems right at 0.00055370 BTC/day for a PACMiC contract Is there a re-invest feature of the PACMiC? If so how does it work? Maybe I can calculate the compound interest. And you are right about the drop of price. I used it as a worst case scenario but it is an impossible scenario. So I will calculate another less impossible worst case scenario. That would be if thee price of BTC drops half the rate of what it dropped the past 286 days. (More likely worst case scenario): worst case estimated drop = 0.5 * .54365079 = 0.271825395 so 1.271825395 * 1.1465435514 = 1.45820321 BTC and proportionally our break even days would also be 286.06 days * 1.271825395 = 363.8 days and the daily profits would actually be worth: (1 - 0.271825395) * 0.00427719 BTC = 0.00311454 BTC 0.00311454 BTC * $230 = $0.98/day ROE after break even would be 0.98/386 = 0.002548 = 0.25 % daily revenue assuming a worst case of 27% currency depreciation and risk of becoming unprofitable before... The BEST Case sceario would be if price of BTC remains the same Then the daily revenue would be 1.44/386 = 0.003730570 = 0.0037% daily revenue after 286 days break even point So the question is which to buy A) Something that pays itself in 93 days while giving you a 0.055% profit daily immediately and expires after 93? (low risk) OR B) Something that gives you 0.37% to 0.25% daily once it pays itself after 286 to 363 days of activation? (Medium Risk) Damn it I dont know which to choose. Please Vote: A or B? Thanks |
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That's the v2 pacmic numbers?
Yes, according to my calculations in my June 12 post |
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Who says its only mining scrypt coins? [expletive deleted] ASIC miners can only mine the specific ALGO they are designed for! Bitcoin ASIC miners can only mine SHA256 coins and Litecoin ASIC miners can only mine Scrypt coins. SHA256 is like 27 coins. According to http://coinwik.org/List_of_all_DCs there are 174 scrypt or variation of scrypt coins. With custom software couldn't a scrypt miner mine the most profitable of the 174 scrypt coins? |
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Oh noes! Some random on the internet just made arbitrary slights against me, well, my forum avatar/persona 'me'.
I haz a sad.
In other news, check out my new sig! Got the idea from another genius. It is Genius!
So how come 'Admin' doesn't answer the sticky problem of his 850GH/s of scrypt mining not actually fitting anywhere in the known crypto Universe?
Might it be because he doesn't actually have 850GH/s of scrypt mining power? Or maybe it is because he doesn't actually have 850Gh/s of scrypt mining power. Hmmm, tricky . . .which one is it?
so LTC has a network hashrate of 1.1TH/s. DOGE has 1TH/s SYS has 800 Ghash VIA has 700Ghash that's around 3.5 - 4 TH/s. Scrypt.cc claim to have 850ghash which is not even 1/4 of the top 4 coins. Then there's another 50 - 100ghash for the next 20 coins in the list which means scrypt.cc. Is it not plausible then that the 850ghash is legit? I'd like some answers from someone apart from Cryptodevil here too pls. Who says its only mining scrypt coins? For these profits and ROI, it is more likely that other algos are being mined as well. According to the website, their "custom software mines the most profitable coins!". Last time I checked there are 78 crypto coins out there in 7 algorithms, and the hashing power is... I dont know how much, but probably more than 10 times the 850GH. Hamsterpool has some software that automatically switches your miner to the most profitable coin in an algorithm. Now if Scrypt.CC had their own miners, could they have a "custom software" that switches their miners to the most profitable algorithm and coin? I believe this operation takes a lot of work and time to maintain and keep running. I mean, I am 30 years old, never married and new to ScryptCC and I spent hours a day reinvesting and watching my KHS grow. Imagine how much it would take someone like Admin a day and he has family to look after, too. Don't be so pessimistic cryptodevil. They way you are reacting seems like you are from another competing service like hashnest. Unfortunately bitcoin is not as profitable these days with the current difficulty and people are forced to mine more profitable coins. I started my investment on June 6th. I cant say yet if this is a ponzi or not because, I have wont see my ROI until August 18th (73 days after my investment). If you want to be 100% safe, my advice for you is be neutral until you get proof of success or fail, otherwise you are just gambling, like everyone else owning a crypto coin. |
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The BEST Case sceario would be if price of BTC remains the same Then the daily revenue would be 1.44/386 = 0.003730570 = 0.0037% daily revenue after 286 days break even point So the question is which to buy A) Something that pays itself in 93 days while giving you a 0.055% profit daily immediately and expires after 93? (low risk) OR B) Something that gives you 0.37% to 0.25% daily once it pays itself after 286 to 363 days of activation? (Medium Risk) Damn it I dont know which to choose. Please Vote: A or B? Thanks Hi. Posted first on this thread to try and get some real actual numbers people are receiving with hashnest AntminerS5 I was pleased to see more people looking for the same answers as me! Like you I really don’t know if I get AntminerS5 or PACMiC. Ideally I would get one of each and see the difference my self. But I can only afford one now. PACMiC seems to be the "saver" bet right now. Thanks to you’re calculations I can estimate that after 93 days I should get my invested 1 Bitcoin back plus some profit. My question is how much profit? Can you provide a number please? Yes PACMiC is definitely the safer investment and as I calculated earlier, assuming there is no increase in difficulty, the total profit after 93 days would be 0.05149402 BTC and of course you will get the money you spent for the 1000 GH back. Hope that helps |
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Ακόμα ζωντανοί είμαστε…χαχαχα
Ας είμαστε λιγο προσεκτικοί στα σχολια , ειδικά οταν ήδη υπάρχουν πολλοί πελάτες που χρησιμοποιούν την πλατφόρμα
και δεν έχει υπάρξει κανένα θέμα απολύτως εως τώρα.Σε κάθε περίπτωση προφανώς και είναι μεμονομένο θέμα που απο οτι
με πληροφόρησαν απο το τεχνικό τμήμα δεν έχει να κάνει με την πλατφόρμα και η συναλλαγή έχει ολοκληρωθει οπως ειναι εμφανές στο blockchain.
Επίσης καθως, απο όσο είδα απο το ιστορικό σου , οχι μόνο δεν είχες πρόβλημα εως σήμερα αλλά το αντίθετο έχεις συγχαρεί το btcgreece για την ταχύτητα στις αναλήψεις ευρώ , εχω ήδη ενημερώσει το τεχνικό τμήμα να κάνει εις βάθος έλεγχο και να επικοινωνησει το τμημα εξυπηρέτησης πελατών μαζί σου.
Σκοπός μας είναι να βοηθήσουμε την εξάπλωση του μπιτκόιν , και αυτό θα συνεχίσουμε να κάνουμε.
Φιλικά
BTCGreece
I just sent 300 Euros to my BTCGreece wallet. It arrived about an hour later because I used my Eurobank account. Now I placed an "Advanced" order to buy BTCs. Lets see if everything works out. So far so good. |
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Anyone mining here? Whats the profitability like? payout percentage, prices, ROI? |
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If you have no problem tying up one btc for 120 days you could buy one PACMiC v2 and use one btc to buy S5 hash on the market at Hashnest to spread the risk/benefit. If you do not like the idea of not being able to exit your position at will you can always just buy S5 hash. Why S5 instead of S4? If bitcoin price drops S5 will stay online longer than S4, same as PACMiC v2.
So I can sell my S5 Hash? Wouldnt it lose value and become used? Because I am not familiar with difficulty calculations (Im good with numbers, but new to mining) are there any estimates on how long the S5 is supposed to remain online? or what is the minimum bitcoin price, or how to calculate it? |
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You have a ton of information and math in that post, unfortunately I can't take the time to read and understand the whole thing right now, but a cursory glance suggests that your evaluation of the S5 is correct, but I don't think your profit of the PACMiC seems right. For example... One of my PACMIC's V2 is showing after 5.1 days a profit of .00199889, which is already more than your math worked out to be, so you must have an error in there somewhere. I also don't think we can accept the premise that the bitcoin price will nearly half in the next 100 days. If that was the case, instead of buying anything, just sell your bitcoin now and take your cash. Price has been very stable for the last couple of months, staying in the 220 to 240 range very consistently. Personally, I believe we have seen the bottom, of course this is up for dispute, but I wouldn't take the bitcoin price into my calculations, anyway, we are concerned with getting more bitcoin than we previously had, not more USD Difficulty increases are based on the number of blocks found in a period of time. This is usually caused by more or less people mining on the network. The network self corrects to try and always release 2016 blocks every 14 days, which would be 1 block every ten minutes. When blocks start getting found faster or slower than that, then difficulty retargets happen, which make it harder or easier for blocks to be found. Oh. Thank you for your data. As I edited the post, I figured the previous amount is ridiculously small (u can make more than 1000 satoshi at faucets ), I think I found my error and based on your five day profit, my calculated average daily profit seems right at 0.00055370 BTC/day for a PACMiC contract Is there a re-invest feature of the PACMiC? If so how does it work? Maybe I can calculate the compound interest. And you are right about the drop of price. I used it as a worst case scenario but it is an impossible scenario. So I will calculate another less impossible worst case scenario. That would be if thee price of BTC drops half the rate of what it dropped the past 286 days. (More likely worst case scenario): worst case estimated drop = 0.5 * .54365079 = 0.271825395 so 1.271825395 * 1.1465435514 = 1.45820321 BTC and proportionally our break even days would also be 286.06 days * 1.271825395 = 363.8 days and the daily profits would actually be worth: (1 - 0.271825395) * 0.00427719 BTC = 0.00311454 BTC 0.00311454 BTC * $230 = $0.98/day ROE after break even would be 0.98/386 = 0.002548 = 0.25 % daily revenue assuming a worst case of 27% currency depreciation and risk of becoming unprofitable before... The BEST Case sceario would be if price of BTC remains the same Then the daily revenue would be 1.44/386 = 0.003730570 = 0.0037% daily revenue after 286 days break even point So the question is which to buy A) Something that pays itself in 93 days while giving you a 0.055% profit daily immediately and expires after 93? (low risk) OR B) Something that gives you 0.37% to 0.25% daily once it pays itself after 286 to 363 days of activation? (Medium Risk) Damn it I dont know which to choose. Please Vote: A or B? Thanks |
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Sounds the same to me. For Hashnest, some people claim that the S4 is more profitable than the S5 by the way, so you might be able to squeeze out a few more percentages out of it, depending on BTC value.
It seems the S4 are all sold out. Only S5 are available I hope someone shares their numbers, then I will decide  Where can I find an S5 contract? I only see the PACMiC V2? You can either by a PACMiC V2 or hash from an S2, S3, UMISOO, S4, or S5 which can be found by clicking Hash, then choosing the hash from the version of miner you want. So if you want to buy 1000 GH/s of S5, go to Hash, click S5, go to market and put in a buy order for 1000 GH/S. Thanks. after comparing, it seems to me, that pacmic has less risk guaranteed roi, while something like s5 is higher risk as it depends on the difficulty and risks becoming unprofitable. right? Unless if I misunderstand the pacmic revenues: 0.0000000045 *60 * 60 *24 = 0.0003888 the first day You almost got the PACMiC revenue right, you also have to take it times the remaining principal. So towards the end of the contract, you are earning very little profit. so at current difficulty, the revenues that go toward the 1 1btc cost of the 1000 GH/s contract with the $0.098 kwh cost, according to coiwarst profitability calc the daily revenue would be 0.01056774 btc that goes toward the 1 btc investment and it would ideally break even in 93 days, if difficulty remains the same therefore the daily discount rate of investment would be 0.01056774. every month 10.57% is paid towards balance so the 0.0003888 every month gets decreased by the rate of (10.57%) for 93 day. since we know the bonus will be paid for 93 [EDIT: days], we can start from the 93rd day and go backwards. Effectively the the bonuses would be the sum of 0.000388 * (1+ 0.01056774) from day 0 to 93. Therefore using the future value formula: Future bonuses = 0.000388 * (1+ 0.01056774)^93 = 0.00103137 btc that's 0.103% profit on the the average daily profit would be 0.00103137 / 93 days = 0.00001109 [EDIT: I must have a mistake here... u can get this amount from faucets ] [EDIT: OK, the above is wrong in different levels. It should have been 0.000388 * (1+ (1 - 0.01056774)/93)^93 since the bonus keeps getting decreased by .010, but its still wrong because this is assuming a block is found every day. If the pool is supposed to be 5TH then according to coinwars a block is generated every 0.2 days which is 5 times a day. The correct equation should be: 0.000388 * (1 + 0.01056774)^(5*93) = 0.05149402 for all 93 days. Thats a total of 5.15% in the 93 day contract. Makes more sense. so the average daily profit is 0.05149402 / 93 days = 0.00055370 BTC/day] Now the S5 burns 0.51/GH according to hashnet, its 1155 GH are 589.05W and hashnet charges $0.0976/kWh. Inputting this data on coinwars calculator, with the same exchange rate and difficulty, the profit per day is $1.44 or 0.00427719 BTC with the current USD 233.7979 exchange rate. so in 93 days the profit from revenues should be 0.39777867 BTC. It would break even is 268.06 days to generate our invested 1.1465435514, and start generating profit of 0.00427719 daily all this is however assuming that difficulty and exchange rate doesn't change over time... If the drop of btc price continues to drop at the same rate it has been, we could take an educated guess on how much is the btc gonna be worth after 286 days: if todays price is $230/btc according to coinbase, 286 days ago on August 30th, 2014, coinbase price was $504/btc Thats percentage drop of (504-230)/504 = 0.54365079. Note that the curve is kinda stabilizig, so assuming a continuous straight line drop is being extreme and over-safe (worst case scenario). so the worst case scenario would be that our break even btcs would need to increase by 0.54365079 more than 1.1465435514 so 1.54365079 * 1.1465435514 = 1.76986286 BTC and proportionally our break even days would also be 286.06 days * 1.54365079 = 441.58 days and the daily profits would actually be worth less by (1 - 0.54365079) * 0.00427719 BTC = 0.00195189 BTC Thats is still much more than the PACMiC V2, but there would but if I am not mistaken, there would be the risk of never breaking even, if the device becomes unprofitable before the 442.58 day worst case scenario... Unfortunately I still consider myself a newbie and am still not sure how and why the difficulty changes... Can anyone verify the math? And can anyone make anything out of my results? |
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Sounds the same to me. For Hashnest, some people claim that the S4 is more profitable than the S5 by the way, so you might be able to squeeze out a few more percentages out of it, depending on BTC value.
It seems the S4 are all sold out. Only S5 are available I hope someone shares their numbers, then I will decide Where can I find an S5 contract? I only see the PACMiC V2? You can either by a PACMiC V2 or hash from an S2, S3, UMISOO, S4, or S5 which can be found by clicking Hash, then choosing the hash from the version of miner you want. So if you want to buy 1000 GH/s of S5, go to Hash, click S5, go to market and put in a buy order for 1000 GH/S. Thanks. after comparing, it seems to me, that pacmic has less risk guaranteed roi, while something like s5 is higher risk as it depends on the difficulty and risks becoming unprofitable. right? Unless if I misunderstand the pacmic revenues: 0.0000000045 *60 * 60 *24 = 0.0003888 the first day |
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Sounds the same to me. For Hashnest, some people claim that the S4 is more profitable than the S5 by the way, so you might be able to squeeze out a few more percentages out of it, depending on BTC value.
It seems the S4 are all sold out. Only S5 are available I hope someone shares their numbers, then I will decide Where can I find an S5 contract? I only see the PACMiC V2? |
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I am trying to register in order to buy GHs, but I keep gettig wrong captcha, although I am putting it right. is niceHash not accepting new users or down or something?
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lol, banned from the IRC for asking legitimate Q's and thecleangame couldn't handle me pwning his girlfriend funtime. What a fucking joke.
By IRC, do u mean the chat box? I am new ( 5 days and counting now), and I discovered that there is a minimum KHS to chat limit. until 468 KHS I couldnt chat, but when my first 1 BTC deposit came in a and bought about 92,000 KHS, I was instantly able to chat. I am not sure what the minimum ti chat is. I heard from someone that it is 1000 KHS which can be purchased at about 0.01000000 BTC at the current rate for details about the scryptcc KHS and rewards market: msgrelay.com sccstats.com Good luck No, was referring to the freenode IRC chat for scrypt.cc. IT's moderated by a gang of neckbeards and retirees that can't handle criticism so they just ban you. As I am still a newbie, I dont know anything about that. do u have a link for the IRC? lol.. you can always log in and go to anywhere in the site "EXCEPT" on trading page due to bandwidth....
there's like 1000 users with 2 or 3 windows for trading.. tsk
I never had issues trading since I started 5 days ago... does this happen regularly? something weird is happening to my revenues. They are coming in about every 45 mins to an hour instead of every 10 minutes and the amount is higher than the 10 minute regular amount... when as soon as the trade started crashing, I had bought some KHS and they appeared after a while but because I had pressed the Buy button many times, my balance became negative Now its positive again. troll box is dead
this should have been done earlier to keep the speed up
What is the troll box and what does it have to do with the speed? |
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