plasmoske
Sr. Member
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Activity: 308
Merit: 251
The realist
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August 31, 2013, 01:50:42 AM |
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30 Day 110 %
60 Day 208 %
90 Day 441 %
The genesis block is pretty spot on witb its calculations give or take 5gh, the last months its been 5gh behind. Good luck
Here's some maths logic for you. It's quite easy to double the network when it's small but when a network is already big, it takes quite a lot of effort to double it again and again and again. |
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JohnyBigs
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August 31, 2013, 01:54:27 AM |
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30 Day 110 %
60 Day 208 %
90 Day 441 %
The genesis block is pretty spot on witb its calculations give or take 5gh, the last months its been 5gh behind. Good luck
Here's some maths logic for you. It's quite easy to double the network when it's small but when a network is already big, it takes quite a lot of effort to double it again and again and again. Yeah maybe a year from now guess what its going to double in September, therefore anyone who ordered from KNC will get pretty much nothing or $100-400 |
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Ytterbium
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August 31, 2013, 01:55:28 AM |
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The HashFast die is 18x18mm2 and does 400Gh/s. (I'm just going with them since they disclosed their die size)
That's 1.2345679 Petahash/s per square meter (yes really). A square kilometer is a million square meters, so if you had a square kilometer of HashFast chips you'd have a 1.2345679 Zetahashes/second.
1.2345679 PH/s equates to a difficulty of 172 million, so to convert a difficulty estimate into square meters of HashFast chips (just the silicon, not the package) you divide by 172 million. So right now you'd need 0.38 square meters worth of HashFast chips to get that difficulty.
Now, you put in a start date of decemeber with the default parameters for the calculator, and it tells you the difficulty in november, 2014 will be 316,655,000,000. That would require 1,841 square meters worth of HashFast chis.
Put in december of 2014, and it'll tell you that by november of 2015, the difficulty will be 279,729,190,000,000. That would require 1.6 square kilometers worth of hashfast chips.
Put in a December, 2015 start and it'll estimate a difficulty generated by 1,453 square kilometers.
At that rate, we would need enough silicon to cover the earth's surface with HashFast chips by sometime in 2017.
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plasmoske
Sr. Member
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Activity: 308
Merit: 251
The realist
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August 31, 2013, 01:57:44 AM |
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Yeah maybe a year from now guess what its going to double in September, therefore anyone who ordered from KNC will get pretty much nothing or $100-400
$100-400 doesn't seem too bad. You want $16k return on your 7k 'investment'?  $100 is a bit extreme. So let's just take the number $400 400/7000 = 5% Not bad  |
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-Redacted-
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August 31, 2013, 02:00:32 AM |
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Why even try to reason with a troll? They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...
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JohnyBigs
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August 31, 2013, 02:01:49 AM |
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Yeah maybe a year from now guess what its going to double in September, therefore anyone who ordered from KNC will get pretty much nothing or $100-400
$100-400 doesn't seem too bad. You want $16k return on your 7k 'investment'? $100 is a bit extreme. So let's just take the number $400 400/7000 = 5% Not bad There is need for you to invest in bitcoin for that kind of return, much safer options. |
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ASIC-K
Sr. Member
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Activity: 280
Merit: 250
Hell?
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August 31, 2013, 02:03:18 AM |
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i can afford to spend money on a miner, which i may or may not lose. im sorry you dont have that kind of financial freedom.
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JohnyBigs
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August 31, 2013, 02:05:43 AM |
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Why even try to reason with a troll?
The only troll here is you, denying historical data and current data. Your unit is worthless, but of course you will deny this to make your ego feel better lmao. The difference between winning investors and losing investors knowing when they are wrong and cut their losses. We'll find out which one you are in about a month or two. If your not day 1-3 your roi is negative lmao. Idiot |
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plasmoske
Sr. Member
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Activity: 308
Merit: 251
The realist
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August 31, 2013, 02:06:37 AM |
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Again, 5% is the number you came up with since you used the genesis mining cal. With their doubling and doubling - that's almost impossible. So I'm going to label that as a worst case scenario. In an okay scenario, you're going to roi much more than that. And that would be pretty good for an investment.
Not many places where you can make back anywhere from 5% to 100%.
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Beta-coiner1
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August 31, 2013, 02:09:00 AM |
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I just realized KNC has stopped taking orders for the Mercury.. |
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JohnyBigs
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August 31, 2013, 02:10:54 AM |
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Again, 5% is the number you came up with since you used the genesis mining cal. With their doubling and doubling - that's almost impossible. So I'm going to label that as a worst case scenario. In an okay scenario, you're going to roi much more than that. And that would be pretty good for an investment.
Not many places where you can make back anywhere from 5% to 100%.
Lets stick to the resonable assumption of 5% there are many places where you can make that and much safer than BTC. Dont forget to remove fees for convertimg BTC to a usable form of currency and your down to 4%. |
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plasmoske
Sr. Member
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Activity: 308
Merit: 251
The realist
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August 31, 2013, 02:16:34 AM |
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You know what? I should've just listened to everyone else and add you to ignore. There's no point in reasoning with idiots. Reasonable assumption? According to what? The genesis mining calculator? lol
Your maths and logic is totally off. I've already given you the scenario/logic behind how hard it is to double and double and double again. Yet you still failed to understand that. Then again, ain't you the idiot who wanted to cancel your order because the case didn't look good? LOL
Added to ignore.
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SirWizz
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August 31, 2013, 02:20:01 AM |
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Why even try to reason with a troll? They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...
And this statement is reasonable by Republican "standards". See? |
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-Redacted-
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August 31, 2013, 02:21:01 AM |
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Why even try to reason with a troll? They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...
And this statement is reasonable by Republican "standards". See? Sorry but I'm not a Republican, either. |
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SirWizz
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August 31, 2013, 02:22:06 AM |
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Why even try to reason with a troll? They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...
And this statement is reasonable by Republican "standards". See? Sorry - I'm not a Republican. Who said you were?  |
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plasmoske
Sr. Member
Offline
Activity: 308
Merit: 251
The realist
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August 31, 2013, 02:22:43 AM |
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Ytterbium
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August 31, 2013, 02:25:01 AM |
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Why even try to reason with a troll? They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...
On the other hand, as we all know Republicans are widely known for their rationality. |
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CMMPro
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August 31, 2013, 02:26:04 AM |
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These shenanigans with Avalon have to have thrown off the projected growth more than a bit, no?
I don't think we will see very many of those chips ever produced into a device that hashes....most of the DIY builders are facing bankruptcy once their users get litigious. A few small claims court rulings to pay the buyers back and they are bankrupt. I hope they incorporated or some of those people will be losing their homes. I digress...almost a million Avalon chips are now basically non-roi meeting garbage IMO.
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