Ohhh No ... http://thegenesisblock.com/mining/a/d1493905be
If you want to see what the delays have cost you then change the mining start date to Feb.
If you want to get really depressed see how the CPP is gonna help, set mining start date back to March and set Hashing Rate to 1100 (10% CPP) and press Calculate, change it to 20% CPP (1200), change it to 30% CPP (1300), only when you get to 60% CPP will the figures show a profit.
If you want to see what the delays have cost you then change the mining start date to Feb.
If you want to get really depressed see how the CPP is gonna help, set mining start date back to March and set Hashing Rate to 1100 (10% CPP) and press Calculate, change it to 20% CPP (1200), change it to 30% CPP (1300), only when you get to 60% CPP will the figures show a profit.
I don't think this is an "Ohh No" situation at least it shouldn't be, if you are playing this game.
BTC /USD cost predicates vs cost of electricity everything.
If BTC drops to 0 then mining will not be profitable, unless the impossible condition of getting paid to use electricity comes around.
any graph projecting computational hash rate to continue increasing exponentially is laughable.
As mentioned in another posting here - the TOTAL amount of electricity required to power TOTAL hashing, at some point, becomes cost prohibitive.
I'm no genius, but as some point before that, consumers stop buying miners and at some point before that, manufacturers stop producing 'consumer' miners.
BTC value MUST* increase in order for mining, mining manufacturing to be viable.
*this is after 20nm or smaller manufacturing viability.
Difficulty and hashing will tap out - continuous expansion is not economically sustainable.
SMART Manufacturers know this and are:
1. sending public messages out to other manufacturers letting them know that manufacturing cannot continue indefinitely
2. building data centers for mining... this will be the only place mining will take place, perhaps at 20nm.. perhaps at 16 or 14 (16's half-node).. by which point the average joe will be locked out of mining (should btc continue to increase in value).
If you believe in BTC, grab a miner, or buy BTC.
I think 28's may have a longer life than many think - and may, in fact be more valuable.
20's even longer, and more valuable... if you can get your hands on one.