dmwardjr
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Technical Analyst/Trader
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October 11, 2014, 11:51:29 PM Last edit: October 12, 2014, 01:47:35 AM by dmwardjr |
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This is with 23.7 Th/s [8 S4's and 16 S3's and other accessories; such as air conditioner unit.] $17,480.00 investment with BTC at $400.00
Difficulty 35,002,482,026.00 Mining Factor 100 0.00 USD/24h@100MHash/s as in these charts Average generation time for a block (solo) 73 days, 10 hours (can vary greatly depending on your luck) Hardware break even 262 days Net profit first time frame -10689.21 USD
Coins per 24h at these conditions 0.3405 BTC Power cost per 24h 59.40 USD Revenue per day 136.43 USD Less power costs 77.03 USD System efficiency 1436.36 MH/s/W Mining Factor 100 at the end of the time frame 0.00 USD/24h@100MHash/s Average Mining Factor 100 0.00 USD/24h@100MHash/s Power cost per time frame 5423.96 USD Revenue per time frame (3 Months) 11718.75 USD Less power costs 6294.79 USD
With that hashing power, I'd have my own solo pool (using the ckpool code) and a P2Pool node. Would definitely mine solo every other fortnight for at least a week depending on fortnight's earnings. FORGOT TO ADD: - At current difficulty (different animal next year!) That was a 3 month period you see above starting with "Coins per 24h at this difficulty and conditions. $6,294.79 mining at a pool. That's with btc at $400.00 I'm hoping it would be $400.00 soon.
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dmwardjr
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Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 11, 2014, 11:52:57 PM |
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This is what 3 months would be like with BTC at $362.40:
Coins per 24h at these conditions 0.3405 BTC Power cost per 24h 59.40 USD Revenue per day 123.49 USD Less power costs 64.09 USD System efficiency 1436.36 MH/s/W Mining Factor 100 at the end of the time frame 0.00 USD/24h@100MHash/s Average Mining Factor 100 0.00 USD/24h@100MHash/s Power cost per time frame 5423.96 USD Revenue per time frame 10607.28 USD Less power costs 5183.31 USD
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pekatete
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October 11, 2014, 11:54:44 PM |
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This is with 23.7 Th/s [8 S4's and 16 S3's and other accessories; such as air conditioner unit.] $17,480.00
Difficulty 35,002,482,026.00 Mining Factor 100 0.00 USD/24h@100MHash/s as in these charts Average generation time for a block (solo) 73 days, 10 hours (can vary greatly depending on your luck) Hardware break even 262 days Net profit first time frame -10689.21 USD
Coins per 24h at these conditions 0.3405 BTC Power cost per 24h 59.40 USD Revenue per day 136.43 USD Less power costs 77.03 USD System efficiency 1436.36 MH/s/W Mining Factor 100 at the end of the time frame 0.00 USD/24h@100MHash/s Average Mining Factor 100 0.00 USD/24h@100MHash/s Power cost per time frame 5423.96 USD Revenue per time frame 11718.75 USD Less power costs 6294.79 USD
With that hashing power, I'd have my own solo pool (using the ckpool code) and a P2Pool node. Would definitely mine solo every other fortnight for at least a week depending on fortnight's earnings. FORGOT TO ADD: - At current difficulty (different animal next year!) That was a 3 month period you see above starting with "Coins per 24h at this difficulty and conditions. $6,294.79 mining at a pool. That's with btc at $400.00 I'm hoping it would be $400.00 soon. Unless you are looking to liquidate your BTC for whatever reason, I'd hang on to it till next year. I definitely will be above that and a bit (of-course, I am not god, but I believe BTC will strengthen a lot in the next few months)
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dmwardjr
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Technical Analyst/Trader
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October 11, 2014, 11:57:10 PM Last edit: October 12, 2014, 01:48:24 AM by dmwardjr |
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With difficulty at 40,000,000,000 and BTC at $545.65 JUST FOR KICKS with 23.7 Th/s with $17,480.00 investment costs.
Difficulty 40,002,482,026.00 Mining Factor 100 0.00 USD/24h@100MHash/s as in these charts Average generation time for a block (solo) 83 days, 21 hours (can vary greatly depending on your luck) Hardware break even 187 days Net profit first time frame (3 Months) -8442.92 USD because of $17,480 cost of equipment and accessories.
Mining a pool with same difficulty @ 40,002,482,026.00 and BTC @ $545.65 for a 3 month period:
Coins per 24h at these conditions 0.2980 BTC Power cost per 24h 59.40 USD Revenue per day 162.58 USD Less power costs 103.18 USD System efficiency 1436.36 MH/s/W Mining Factor 100 at the end of the time frame 0.00 USD/24h@100MHash/s Average Mining Factor 100 0.00 USD/24h@100MHash/s Power cost per time frame 5423.96 USD Revenue per time frame (3 Month) 13965.04 USD Less power costs 8541.08 USD
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pekatete
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October 11, 2014, 11:57:22 PM |
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Right, about time I had some kip (getting to 1 am this side of the pond). Will look at those numbers more closely (wishfull on my end I have to say) in the morow!
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dmwardjr
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Technical Analyst/Trader
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October 11, 2014, 11:58:50 PM |
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Right, about time I had some kip (getting to 1 am this side of the pond). Will look at those numbers more closely (wishfull on my end I have to say) in the morow!
Cool have a good night
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kkurtmann
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October 12, 2014, 12:13:45 AM |
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With difficulty at 40,000,000,000 and BTC at $545.65 JUST FOR KICKS with 23.7 Th/s
Difficulty 40,002,482,026.00 Mining Factor 100 0.00 USD/24h@100MHash/s as in these charts Average generation time for a block (solo) 83 days, 21 hours (can vary greatly depending on your luck) Hardware break even 187 days Net profit first time frame (3 Months) -8442.92 USD because of $17,480 cost of equipment and accessories.
Mining a pool with same difficulty @ 40,002,482,026.00 and BTC @ $545.65 for a 3 month period:
Coins per 24h at these conditions 0.2980 BTC Power cost per 24h 59.40 USD Revenue per day 162.58 USD Less power costs 103.18 USD System efficiency 1436.36 MH/s/W Mining Factor 100 at the end of the time frame 0.00 USD/24h@100MHash/s Average Mining Factor 100 0.00 USD/24h@100MHash/s Power cost per time frame 5423.96 USD Revenue per time frame 13965.04 USD Less power costs 8541.08 USD
should have set it to $510 like your bet with sjc
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dmwardjr
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Technical Analyst/Trader
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October 12, 2014, 12:15:46 AM Last edit: October 12, 2014, 03:23:21 AM by dmwardjr |
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With difficulty at 40,000,000,000 and BTC at $545.65 JUST FOR KICKS with 23.7 Th/s
Difficulty 40,002,482,026.00 Mining Factor 100 0.00 USD/24h@100MHash/s as in these charts Average generation time for a block (solo) 83 days, 21 hours (can vary greatly depending on your luck) Hardware break even 187 days Net profit first time frame (3 Months) -8442.92 USD because of $17,480 cost of equipment and accessories.
Mining a pool with same difficulty @ 40,002,482,026.00 and BTC @ $545.65 for a 3 month period:
Coins per 24h at these conditions 0.2980 BTC Power cost per 24h 59.40 USD Revenue per day 162.58 USD Less power costs 103.18 USD System efficiency 1436.36 MH/s/W Mining Factor 100 at the end of the time frame 0.00 USD/24h@100MHash/s Average Mining Factor 100 0.00 USD/24h@100MHash/s Power cost per time frame 5423.96 USD Revenue per time frame (3 month) 13965.04 USD Less power costs 8541.08 USD
should have set it to $510 like your bet with sjc You're right... NOW I PROBABLY JUST JINXED MYSELF. [by the was, that was shouting.] LOL I'm hoping BTC will be around $545.00 when the difficulty is 40 billion
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wasikidding
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October 12, 2014, 04:16:03 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
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BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
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Technical Analyst/Trader
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October 12, 2014, 04:17:14 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
good luck
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wasikidding
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October 12, 2014, 04:39:07 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
good luck it's past that no way to recover just trying to limit my loses next 24-48 hours first bad gamble after that 18 hour block was to late to try pps need luck to come close
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BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
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Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 12, 2014, 04:40:39 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
good luck it's past that no way to recover just trying to limit my loses next 24-48 hours first bad gamble after that 18 hour block was to late to try pps need luck to come close agreed
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wasikidding
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October 12, 2014, 04:55:53 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
good luck it's past that no way to recover just trying to limit my loses next 24-48 hours first bad gamble after that 18 hour block was to late to try pps need luck to come close agreed at .120 per block at 38 th/s need like 5 today 6 tomorrow and ill be within range lmao
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BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
Legendary
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Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 12, 2014, 04:57:31 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
good luck it's past that no way to recover just trying to limit my loses next 24-48 hours first bad gamble after that 18 hour block was to late to try pps need luck to come close agreed at .120 per block at 38 th/s need like 5 today 6 tomorrow and ill be within range lmao u were a bit unfortunate luck wise
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wasikidding
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October 12, 2014, 05:10:46 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
good luck it's past that no way to recover just trying to limit my loses next 24-48 hours first bad gamble after that 18 hour block was to late to try pps need luck to come close agreed at .120 per block at 38 th/s need like 5 today 6 tomorrow and ill be within range lmao u were a bit unfortunate luck wise yup picked a bad time to try and rent some hash lmao
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BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
Legendary
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Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 12, 2014, 05:12:26 AM |
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cmon 5-6 blocks plz ive lost some serious coin on latest gamble rented 30 th/s over last couple days upside down like 1.2 btc
good luck it's past that no way to recover just trying to limit my loses next 24-48 hours first bad gamble after that 18 hour block was to late to try pps need luck to come close agreed at .120 per block at 38 th/s need like 5 today 6 tomorrow and ill be within range lmao u were a bit unfortunate luck wise yup picked a bad time to try and rent some hash lmao shhhhhhhhhhh never a bad time. just maybe the wrong pool at this particular time.
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brianmcm
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October 12, 2014, 06:50:45 AM |
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hi does anybody have any good sites to rent hash power for the short term?
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wasikidding
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October 12, 2014, 07:16:59 AM |
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hi does anybody have any good sites to rent hash power for the short term?
betarigs
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BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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moss
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October 12, 2014, 03:58:35 PM |
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Just out of interest, has anyone here ever selected the option of letting Bitmain (via Umisoo) host their new machines? The hosting is at a facility somewhere in Mongolia, I believe.
They give this formula for calculating the hosting fee: Fee = Power consumption * operating hours * electricity cost ($.13/KWh). So for an S4, that would be approx $127 a month, I think (paid in advance). My only concern is whether there might be any nasty surprises, e.g. additional fees not mentioned?
The possible attraction of this would be that although I would still have to pay delivery to the Umisoo facility, there would be no 20% UK VAT or import duties. Not sure how you get the machines back if you change your mind, though.
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Bitkoinzz
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October 12, 2014, 03:59:28 PM |
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a 4 second block that was invalid? wtf
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