600 GH/s how long is it good for?

[ceyre]

I wouldn't too much stock into the timeline of yours when you're putting your chips in BFL's court...

[takagari]

BFL.. Pay now, Get product... erm, maybe

[gmaxwell]

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

[empoweoqwj]

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

I would agree, but so many people claim to have free electricity through various means .........

[turtle83]

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH

[TooDumbForBitcoin]

I've been looking around to see what $5000 can get me that will be relevant for the next six months.

About seven BTC, then hodl.

[TooDumbForBitcoin]

Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 

[empoweoqwj]

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH

ASI Chip manufacturers will just produce more chips. Think "efficiency", that is what counts.

[aerobatic]

600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.

[empoweoqwj]

Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 

Who is Joe 600G can I ask?

[TooDumbForBitcoin]

Joe 600Gh/s Miner, father of Timmy and Sally 600G.

[empoweoqwj]

600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.

With difficulty doubling monthly, "a little every week" is a bit ... little

[Tudesky]

What language is that?

Danish