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Author Topic: BitForce Jalapeno - Worth the investment?  (Read 3692 times)
smiba
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January 27, 2013, 07:49:27 PM
 #1

(http://www.butterflylabs.com/landing/landing-aw.php)

I really want one for mining..

But is it worth the invenstment? And how long would it take to pay it back?

A detailed explanation would be nice ^^
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Gabi
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January 27, 2013, 07:53:45 PM
 #2

It is very hard to tell since it still hasn't been released. And well, since no asic at all has been released so far.
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January 27, 2013, 08:20:08 PM
 #3

Since there are 3,600 BTC up for grabs every day.

1 (25 BTC Block) every 10 minutes on average = 6 Locks per hour

6 x 24 Hours x 25 BTC = 3,600 BTC.

The best way to determine the amount you will get out of that (roughly)

Your take = (The amount hashing power you are contributing) / (Total hashing power network)  * the number of BTC available.

So:

4.5 GH / 500 TH/s * 3,600 = 0.0324 BTC / day

That works out to about 0.972 BTC per month.

That doesn't take into account things like electricity costs or mining pool fees.  It does give you a rough estimate or ball part figure.

If you are an optimist you can double it if yo think the network hash rate will only go to 250 TH, or half it if you think the network hash rate will go to 1,000 TH.

Check out my blog for some additional insight.

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Andynerd
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January 27, 2013, 08:46:21 PM
 #4

Since there are 3,600 BTC up for grabs every day.

1 (25 BTC Block) every 10 minutes on average = 6 Locks per hour

6 x 24 Hours x 25 BTC = 3,600 BTC.

The best way to determine the amount you will get out of that (roughly)

Your take = (The amount hashing power you are contributing) / (Total hashing power network)  * the number of BTC available.

So:

4.5 GH / 500 TH/s * 3,600 = 0.0324 BTC / day

That works out to about 0.972 BTC per month.

That doesn't take into account things like electricity costs or mining pool fees.  It does give you a rough estimate or ball part figure.

If you are an optimist you can double it if yo think the network hash rate will only go to 250 TH, or half it if you think the network hash rate will go to 1,000 TH.

Check out my blog for some additional insight.

I am not saying this is wrong but I've been making that on 200Mh/s on slush's pool...

Like my post? Donate! 1ADZqqLCXiomLr9HeytX49J4N8n5Tmz5rS
All BTC I make will be given back to the community.
jwzguy
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January 27, 2013, 08:50:30 PM
 #5

I am not saying this is wrong but I've been making that on 200Mh/s on slush's pool...
It's not wrong. Just do the math.

What you're missing is that the network power is not yet 500TH. By the time ASICs hardware is available to someone who hasn't yet ordered, it likely will be.
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January 27, 2013, 08:55:50 PM
 #6

I am not saying this is wrong but I've been making that on 200Mh/s on slush's pool...
It's not wrong. Just do the math.

What you're missing is that the network power is not yet 500TH. By the time ASICs hardware is available to someone who hasn't yet ordered, it likely will be.

OH CRUD (this forums needs a *facepalm*) I saw GH/s not TH/s my bad. Ya the investment isn't worth it, it would only be some what worth it for those people who receive the the models in the first few weeks.

Like my post? Donate! 1ADZqqLCXiomLr9HeytX49J4N8n5Tmz5rS
All BTC I make will be given back to the community.
Gabi
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January 27, 2013, 08:56:16 PM
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I am not saying this is wrong but I've been making that on 200Mh/s on slush's pool...
And? Read what mjc said, he is considering a total hash power of 500Th/s, not todays one!
PeterChang
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January 27, 2013, 10:15:56 PM
 #8

You'd probably make about $27 a month at best Smiley
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