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Author Topic: Minimum $/GH efficiency to break even within the next 12 months?  (Read 934 times)
AndersAA (OP)
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January 18, 2014, 06:15:25 PM
 #1

I just bought a miner for 20.27$/GH/s that will probably start costing me money to keep running within weeks - just too bad.

But what to you think the max $/GH/s to break even within 12 months will be? What factors do you assume? What are your assumptions based on?

P.s. Just leave electricity costs out of the equation.
pixmo
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January 18, 2014, 06:22:41 PM
 #2

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php

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AndersAA (OP)
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January 18, 2014, 10:09:28 PM
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That's not much to go on - and the default values equal over 500$/GHs... Which I think we all know won't be profitable ;-) And I prefer this calculator instead: http://bitcoinwisdom.com/bitcoin/calculator Smiley

Come on... Speculate Smiley Should we really assume a 30% difficulty increase every jump, decreased 3 points every jump?
Bismarckbkk
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January 19, 2014, 02:00:03 AM
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I think there wont a be a miner that can be run for profit withing next 12 months.

Personally I calculate my estimated hashrate with 30% difficulty increases. Some people say it will flatten out at some point but its really impossible to know. Electricity costs are substantial, I dont know why you would leave them out.

1EPhcyv9GPcCwwbtVt3a3nwC1o4pn67bax
Bismarckbkk
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January 19, 2014, 02:03:25 AM
 #5

Also dont play around with preorders, too much risk. Look at whats available in stock from trusted source and see where you get with the 30% number.

1EPhcyv9GPcCwwbtVt3a3nwC1o4pn67bax
harkonnen
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January 19, 2014, 07:05:40 AM
 #6

I just bought a miner for 20.27$/GH/s that will probably start costing me money to keep running within weeks - just too bad.

But what to you think the max $/GH/s to break even within 12 months will be? What factors do you assume? What are your assumptions based on?

P.s. Just leave electricity costs out of the equation.

My baseless speculation is 40-50 GHS.
Or look into cex.io
AndersAA (OP)
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January 19, 2014, 12:34:04 PM
 #7

I just bought a miner for 20.27$/GH/s that will probably start costing me money to keep running within weeks - just too bad.

But what to you think the max $/GH/s to break even within 12 months will be? What factors do you assume? What are your assumptions based on?

P.s. Just leave electricity costs out of the equation.

My baseless speculation is 40-50 GHS.
Or look into cex.io


Well, at cex.io the price is almost 37$/Gh and going up for the last few days - guess supply and demand also works for mining power Smiley

I think there wont a be a miner that can be run for profit withing next 12 months.

Personally I calculate my estimated hashrate with 30% difficulty increases. Some people say it will flatten out at some point but its really impossible to know. Electricity costs are substantial, I dont know why you would leave them out.

I leave electricity out because if I don't find an insanely cheap solar powered place to power my miner, I doubt I'll have it running for more than a few weeks. There's a limit on how much extra I'm willing to pay for my "mining fun" Smiley
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