LMFAO. Predicting 6 billion, because that makes any sense
the last 12 cycles have been 17% every 11days.
even with a low 10% every 11days.
you'll hit 1billion sept 28'2014
considering all the chips being shipped, BFL having 11xxx pre orders alone. and knc coming out with 350g/hash machines
this is not at all unbelievable.
https://docs.google.com/spreadsheet/ccc?key=0AmXn4BnLUgYsdEF0TUtWUWtUaUUzR1F2aUhEWW9lN2c#gid=0disregarding cost of electricity, pool fee, and unforeseen downtime. @ 70g/hash
you can expect to earn 216BTC over the lifetime of that machine. if you mine TODAY. it gets worse if you put in a more reasonable difficulty figure like 15%.
Explain to me where the 75,000TH is coming when none of it is profitable? Ah yes, you're talking bullshit.
it'll take 3579.13941333TH to get to 500million difficulty, at that point you'll earn 0.07btc a day at the very rosy 10% every 11days. again minus all the pool, electric, blackouts etc.
thats. 7000, BFL 500g/hash machines @ 22500, or 9941 Jupiters @ 7k each, or 30000 bitfury 120g/hash machines @ 2160.
or, a combination of these, you don't think we'll see this many machines come out? this doesn't take into account the BFL and avalon chips for diy boards
edit, where did you get the 75000 theta has number from?
https://en.bitcoin.it/wiki/Difficulty#What_network_hash_rate_results_in_a_given_difficulty.3Fbillion difficulty should be about 7100TH
edit, and the fact that we're already 140TH in.
i'd appreciate it if you wouldn't be so disrespectful, i'm only bringing the facts to light, no need to get defensive.