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Author Topic: Interesting fact: Mhash/s roughly equivalent to $ per month  (Read 2110 times)
maplemath
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June 07, 2011, 12:27:31 PM
 #1

This is very approximate, but I thought you'd be interested in knowing that at the moment your hash rate is roughly equivalent to the amount of money you'd be making with the current difficulty and exchange rate.

For example, if you have 600Mhashes/s, your revenue would be roughly $600.

This is a useful tip when you are trying to do some quick calculations in your head.

BTC:  18Z3fSXKNWdyM6zGeraEZ6wfYZyp8ZvCLj  LTC:    LdFManTRWBH4y7GXAjGTEVou9ZDRuFK7HM
WDC: Wb2WxguEYqzbBtrbC5h1PjwALxXm4vQ4Qb DOGE:   DNhaETSeGnEuYje5jk7J8QtqQ1jMZ1httN
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airdata
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June 07, 2011, 12:48:17 PM
 #2

This is very approximate, but I thought you'd be interested in knowing that at the moment your hash rate is roughly equivalent to the amount of money you'd be making with the current difficulty and exchange rate.

For example, if you have 600Mhashes/s, your revenue would be roughly $600.

This is a useful tip when you are trying to do some quick calculations in your head.

Not a good idea, you'll make 144$ in a week. The week after that difficulty will rise and dismantle your prognosis.

difficulty @ $8.50/btc = 220000
difficulty @ $18.50/btc = 520000

Would you rather make 1 btc a day and it's worth 8.50 or half of a btc per day and it's worth 18.50.

See what I'm getting at ?
maplemath
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June 07, 2011, 01:14:03 PM
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Not a good idea, you'll make 144$ in a week. The week after that difficulty will rise and dismantle your prognosis.

Possibly, or perhaps the bitcoin price will rise accordingly as it has done in the past. Either way, I think it's still an interesting, albeit grossly approximate, way of thinking about Mhash/s.

BTC:  18Z3fSXKNWdyM6zGeraEZ6wfYZyp8ZvCLj  LTC:    LdFManTRWBH4y7GXAjGTEVou9ZDRuFK7HM
WDC: Wb2WxguEYqzbBtrbC5h1PjwALxXm4vQ4Qb DOGE:   DNhaETSeGnEuYje5jk7J8QtqQ1jMZ1httN
horrorshow
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June 07, 2011, 01:30:39 PM
 #4

I was thinking about this same exact thing last night. Almost seems like it was designed to stay around $1/mhash

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