New to mining and something of possible interest for Spreadsheet users

[tperry]

Well, I am new to mining, not having any issues at all right now as I have figured them out with either research or just hammer through it.  

Running five 2GH miners, friend got me interested and gave me one, so I am just trying to see what can be earned off of it.

Call me a little AR, but I am tracking my progress in a spreadsheet, the biggest problem I had was always having to get the Bitcoin value from an exchange site manually each time I wanted to check it out.  Well, do to another interest I have with the stock market, I found a Excel add-in that would let me get stock prices and such.  I found out today the Bitcoin Exchange rate is now listed in Yahoo and others.  So, I looked up the symbol and behold, it can be retrieved with the add-in software.

Not sure if I can provide the link (It leads to a yahoo group), so I will leave this open and if a moderator says it is ok, I'll post it.

Hell, I do not want to get into trouble within the first month of me mining and on my first post.

Couple of questions,
1st, I have been calling them production runs, but is there a name for when you get paid?  I know it could be something simple as "Paid" or Payout", would just like to know if there is a vernacular that I need to know.

2nd, Is there any animosity if someone new comes along and sudden puts in a 6TH machine?  Not that I am going to do that as that is WAY out of my price range.

If you see that I am labeling something not correct, shout at me.  

 

[ncsupanda]

1st, I have been calling them production runs, but is there a name for when you get paid?  I know it could be something simple as "Paid" or Payout", would just like to know if there is a vernacular that I need to know.

Most people just refer to them as payouts, from my understanding.

2nd, Is there any animosity if someone new comes along and sudden puts in a 6TH machine?  Not that I am going to do that as that is WAY out of my price range.

Quite honestly (and I hate to sound rude) but nobody really cares where you put your hashrate. (I promise that I mean this in the nicest way possible!). The only time people tend to care is when everyone starts freaking out about possible 51% attacks, and as long as you keep your eyes open you'll be able to judge those situations on your own.

More information on the "51% attack":
http://learncryptography.com/51-attack/

Good luck with mining, feel free to contact me at any time if you run into more questions. Enjoy your time here!

[ALL IN]

done believe what calculator you see . its not accurate , and remember about diff always increase and decrease . all in factor luck to .

[OptimusPrime7]

Mining isn't profitable anymore unless you have free hardware and almost free electricity, remember to factor in difficulty increment..

[Peter882]

Welcome to bitcoin mining and bitcointalk.

Is there any animosity if someone new comes along and sudden puts in a 6TH machine?  Not that I am going to do that as that is WAY out of my price range.

With a higher total network hashrate, the difficulty will go up and miners' revenue will go down.
So if you are going to build a PH/s mining farm, other miners may not be happy about it.
But for a new 6TH/s miner, no one will get upset about it.