Fatman3001
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Activity: 1526
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Make Bitcoin glow with ENIAC
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November 24, 2015, 03:07:38 PM |
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lets check my latest price/mining cost perspective @ 62,253,982,450 difficulty price of btc per mining cost perspective (eletricity price @ 12 cent).... @ old miner 1T/1000 watt miner , cost of 1 BTC is now 350 @ new miner which 2T/1000watt miner, cost of 1 BTC is around 175 @ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)- this is just electricity cost. - new miner need to ROI https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613
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noobtrader
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Activity: 1456
Merit: 1000
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November 24, 2015, 03:27:26 PM |
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lets check my latest price/mining cost perspective @ 62,253,982,450 difficulty price of btc per mining cost perspective (eletricity price @ 12 cent).... @ old miner 1T/1000 watt miner , cost of 1 BTC is now 350 @ new miner which 2T/1000watt miner, cost of 1 BTC is around 175 @ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)- this is just electricity cost. - new miner need to ROI https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613yes but it was in early november, difficulty has rises like 20% since then. so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time. even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month... but how high the difficulty after 6 month ?
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 24, 2015, 03:33:57 PM |
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lets check my latest price/mining cost perspective @ 62,253,982,450 difficulty price of btc per mining cost perspective (eletricity price @ 12 cent).... @ old miner 1T/1000 watt miner , cost of 1 BTC is now 350 @ new miner which 2T/1000watt miner, cost of 1 BTC is around 175 @ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)- this is just electricity cost. - new miner need to ROI https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613yes but it was in early november, difficulty has rises like 20% since then. so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time. even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month... but how high the difficulty after 6 month ? You'll probably see difficulty tail off around Dec/Jan. Unless BTC price shoots up.
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galdur
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November 24, 2015, 03:36:27 PM |
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lets check my latest price/mining cost perspective @ 62,253,982,450 difficulty price of btc per mining cost perspective (eletricity price @ 12 cent).... @ old miner 1T/1000 watt miner , cost of 1 BTC is now 350 @ new miner which 2T/1000watt miner, cost of 1 BTC is around 175 @ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)- this is just electricity cost. - new miner need to ROI https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613yes but it was in early november, difficulty has rises like 20% since then. so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time. even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month... but how high the difficulty after 6 month ? Well, it´s difficult to say. Maybe +50%, maybe less maybe more. At any rate the trend is decidedly upwards, the acceleration could slow temporarily, time will tell. If you´re making financial plans I think +50% is a reasonable and conservative projection.
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noobtrader
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Activity: 1456
Merit: 1000
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November 24, 2015, 03:45:38 PM |
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lets check my latest price/mining cost perspective @ 62,253,982,450 difficulty price of btc per mining cost perspective (eletricity price @ 12 cent).... @ old miner 1T/1000 watt miner , cost of 1 BTC is now 350 @ new miner which 2T/1000watt miner, cost of 1 BTC is around 175 @ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)- this is just electricity cost. - new miner need to ROI https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613yes but it was in early november, difficulty has rises like 20% since then. so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time. even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month... but how high the difficulty after 6 month ? Well, it´s difficult to say. Maybe +50%, maybe less maybe more. At any rate the trend is decidedly upwards, the acceleration could slow temporarily, time will tell. If you´re making financial plans I think +50% is a reasonable and conservative projection. You'll probably see difficulty tail off around Dec/Jan. Unless BTC price shoots up.
i dont think so, this last few weeks difficulty rises like 1% per day, i says it will slow down after 5 month or so when btc cost like 300 even at 4T/1000W. then price should rises again, due to halfing
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Richy_T
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Activity: 2590
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 24, 2015, 03:56:50 PM |
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If you meant from one day to another then, sure.
Trolls work by cherry picking data. If you were buying a soda at a store with $10, until you got your change, they would say you were $9 down.
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 24, 2015, 04:01:48 PM |
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galdur
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November 24, 2015, 04:05:28 PM |
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Now that the hashrate is over 500 petahashes you'll probably start hearing the term exahash in a few months and zettahash maybe early 2017. Exponential functions are fascinating.
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galdur
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November 24, 2015, 04:17:12 PM |
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If you meant from one day to another then, sure.
Trolls work by cherry picking data. If you were buying a soda at a store with $10, until you got your change, they would say you were $9 down. Deniers work by calling everything they can't refute with facts and logic 'trolling.' It's super effective @galdur: exponential functions are fascinating, mainly because people have such a hard time grasping them.Yeah. If something increases by 50% every six months, it doubles every 8-9 months or so. I guess Joe Sixpack may have trouble grasping such concepts.
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DeathAngel
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Activity: 3276
Merit: 1614
#1 VIP Crypto Casino
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November 24, 2015, 04:19:58 PM |
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Hoping we get to around 350 by the end of the week. 320's ars damgerous in the sense there's not much of a cushion to sub 300.
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galdur
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November 24, 2015, 04:30:59 PM |
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If you meant from one day to another then, sure.
Trolls work by cherry picking data. If you were buying a soda at a store with $10, until you got your change, they would say you were $9 down. Deniers work by calling everything they can't refute with facts and logic 'trolling.' It's super effective @galdur: exponential functions are fascinating, mainly because people have such a hard time grasping them.Yeah. If something increases by 50% every six months, it doubles every 8-9 months or so. I guess Joe Sixpack may have trouble grasping such concepts. Forget Joe Sixpack, I have trouble dealing with exponential functions. You, of course, have a much more powerful mind, and immediately answered "18,446,744,073,709,551,615" when presented with the linked riddle. Good on you! Well, the doubling time rule of thumb is easy. The number 72. So, if this hashrate ballooning continues at 10% every 14 days it´ll double in 7.2 times 14 days or so.
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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November 24, 2015, 04:44:54 PM |
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Poor moderators tilting at windmills. Lambie is practically a part of the software.
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galdur
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November 24, 2015, 04:48:34 PM |
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Yeah, I was wondering what happened to that Lambchop weirdo that was so busy exposing himself here. I guess he´s on his 50th account by now...
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 24, 2015, 05:01:26 PM |
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Richy_T
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Activity: 2590
Merit: 2271
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 24, 2015, 05:05:02 PM |
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If only this site had a competent owner. How did he manage to get a stranglehold on the major forms of Bitcoin communication?
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Meuh6879
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Activity: 1512
Merit: 1012
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November 24, 2015, 05:07:56 PM |
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soullyG
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November 24, 2015, 05:22:34 PM |
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If only this site had a competent owner. How did he manage to get a stranglehold on the major forms of Bitcoin communication?
There's a new Wall Observer thread over on the Bitco.in forums, I'm sure people would love to see Chartbuddy (and anyone else interested) there. Lambies not welcome https://bitco.in/forum/threads/wall-observer.27/
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BlindMayorBitcorn
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Activity: 1260
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November 24, 2015, 05:33:07 PM |
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If only this site had a competent owner. How did he manage to get a stranglehold on the major forms of Bitcoin communication?
There's a new Wall Observer thread over on the Bitco.in forums, I'm sure people would love to see Chartbuddy (and anyone else interested) there. Lambies not welcome https://bitco.in/forum/threads/wall-observer.27/I've been there. It isn't funny.
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JimboToronto
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Activity: 4172
Merit: 4816
You're never too old to think young.
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November 24, 2015, 05:38:16 PM |
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Good morning Bitcoinland.
Not much to say today except it's looking pretty flat. No dip to buy, no rise to celebrate.
Ho ho hold hum.
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aztecminer
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Activity: 1092
Merit: 1000
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November 24, 2015, 05:43:46 PM |
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surge ?? gold is up $6.00 while silver is up .11 cents... i wish it would surge .. hhahhahha!
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