Fatman3001
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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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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
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fbitcoinwisdom.com%2Fassets%2Fdifficulty%2Fbitcoin-hash_rate-all.png%3F1448377803&t=663&c=5gMpdxC8d8cMnQ)
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noobtrader
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fbitcoinwisdom.com%2Fassets%2Fdifficulty%2Fbitcoin-hash_rate-all.png%3F1448377803&t=663&c=5gMpdxC8d8cMnQ) 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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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
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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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) @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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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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) @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! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 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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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
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November 24, 2015, 05:01:26 PM |
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Richy_T
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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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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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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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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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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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