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 Author Topic: hhhmmm... where is profit?  (Read 678 times)
s7ereotype
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 May 23, 2013, 01:35:19 PM

http://www.alloscomp.com/bitcoin/calculator
This calculator Bitcoin shows that when my power in 2600 mhs will Coins ฿ 0.12 Dollars \$ 13.67 per Day.
Now take the WDC, with the power in 2600 khs shows 5.95748 WDC/1h. Multiply this number by the number of hours per day x 24 = 142,97952 WDC/24h. Multiply 142.97952 on the exchange rate of 0.00056499 = 0,0807819990048 BTC/24h. Where profit 146.68%? Or where I made a mistake in the calculations?
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Boxman90
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 May 23, 2013, 02:02:10 PM

First of all scrypt hashing speed does not 1:1000 correlate to the same amount of SHA-256 hashes. For 2600 kh/s scrypt you'll have about 2300~2400 Mh/s SHS256. That's to start with.

Also, with 2600 kh/s you'll make 312 WDC/24h. That's ~0.17 BTC.

With 2400 Mh/s SHA-256 you'll make 0.11 BTC a day.

So there's your profitability. I don't know where you got your numbers from.

LTC: LKKy4eDWyVtSrQAJy7Qmmz61RaFY91D9yC   BTC: 18fzdnCkuUNthCD8hM36UBGopFa9ij78gG
crazyearner
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 May 23, 2013, 02:04:03 PM

You want profit go look at http://dustcoin.com/mining theirs ya profit and also http://www.coinchoose.com/ for more coins
gnomicide
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 May 23, 2013, 02:09:04 PM

Currently with 2600 entered in for Bitcoin: \$14.79/day

For WDC:
Difficulty factor: 5.95748 * 1000 = 5957.48 -- scrypt difficulty adjustment
Hash rate: 2600
Exchange rate: 126.5 * 0.00055 * (32/25) = 0.0887 -- WDC price * block reward adjustment

result: \$19.47/day

19.47/14.79 = 132%

(if you want to get the 146% on coinchoose, i think it's a different method)
fendlestick
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 May 23, 2013, 02:11:58 PM

The profit is catching the up and holding when low.  If you mine an sell straight away your wont make as much as you could be patient and sensible.

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s7ereotype
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 May 23, 2013, 02:20:09 PM

Also, with 2600 kh/s you'll make 312 WDC/24h. That's ~0.17 BTC.
It's not real. The maximum that can go 200 WDC. Maybe it's because of the large number of rejections? They are about 15%.
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