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Author Topic: How many GHs do you need to break even if you got a miner now?  (Read 4090 times)
The Goat Master
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September 03, 2013, 10:31:02 PM
 #1

If I got a miner, delivered right now, how many GH's would I need to possibly break even, accounting for the ever-increasing difficulty?

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September 03, 2013, 10:31:57 PM
 #2

If I got a miner, delivered right now, how many GH's would I need to possibly break even, accounting for the ever-increasing difficulty?
how much are you spending

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September 03, 2013, 10:34:14 PM
 #3

If I got a miner, delivered right now, how many GH's would I need to possibly break even, accounting for the ever-increasing difficulty?
0.0000001 GH/s.

You'd immediately start making a profit if you're getting free mining hashpower and have zero electric costs.
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September 03, 2013, 10:38:14 PM
 #4

If I got a miner, delivered right now, how many GH's would I need to possibly break even, accounting for the ever-increasing difficulty?
0.0000001 GH/s.

You'd immediately start making a profit if you're getting free mining hashpower and have zero electric costs.

Good point, haha.  Cheesy  But if I had to actually spend money, how many gigahashes?

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September 03, 2013, 10:44:20 PM
 #5

You probably need at least 1 GH/sec per $40 spent if you start mining right now to break even.
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September 03, 2013, 10:45:12 PM
 #6

All depends on how much money you are spending, what equipment you are buying and how much your overheads are.

We can't just pull a figure out of thin air, for all we know you could have got the deal of the century, or could have paid over the odds for a block erupter.

A good place to start is http://mining.thegenesisblock.com/

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September 03, 2013, 10:45:46 PM
 #7

You probably need 1 GH/sec per $40 spent if you start mining right now to break even.

I really hope bitcoin reaches $200 quick so I can get equipment in the bitcoin store for half price!  Grin

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September 03, 2013, 10:54:26 PM
 #8

The number of GH/s is irrelevant what matters is the cost per GH/s.
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September 04, 2013, 07:13:48 AM
 #9

The number of GH/s is irrelevant what matters is the cost per GH/s.

Spot on!
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September 04, 2013, 10:44:11 AM
 #10

decent price of GH/s for ASIC in hand is 0.3 BTC

if you overpayied you will not get your BTC back
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September 04, 2013, 09:52:42 PM
 #11

The number of GH/s is irrelevant what matters is the cost per GH/s.

Spot on!

And unless you're getting free power, the power consumption per GH/s. On the low end a 30-40w upgraded Jalapeno running at 8GH/s is going to stay relevant longer than 24 USB block erupters. Some of the analyses I've seen which round the power consumption of several competing products to a single value are a bit suspect.

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September 05, 2013, 07:53:54 AM
 #12

86GH/s at 30 btc max cost
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September 17, 2013, 08:55:54 PM
 #13

86GH/s at 30 btc max cost

What is the current network hashrate?

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September 17, 2013, 10:49:41 PM
 #14

86GH/s at 30 btc max cost

What is the current network hashrate?

http://blockchain.info/charts/hash-rate
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September 17, 2013, 10:55:15 PM
 #15

At current difficulty you'll need about 350.

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
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September 18, 2013, 07:05:53 AM
 #16

now you need 112 at 30 btc

it's easy, GH/s= difficulty digits before the first point
cost always 30 btc max(about 3 months roi)
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September 18, 2013, 07:17:04 AM
 #17


 Most reasonable answer here was

 Per 1gh/s you could spend 40$ or less , it can be 100 gb for 4000 dollars all we care , but that reach is break even , anything else profitable.
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September 18, 2013, 11:57:08 AM
 #18

an answer here:

http://laurent.henocque.com/post/2013/09/16/On-Bitcoin-Mining-and-the-vallue-of-Bitcoin

at current mtgox price 139$, you should not pay now more than
16 dollars/GH if you expect mid october delivery
11 dollars/GH if you expect early november delivery
8 dollars/GH if you expect mid november delivery
6 dollars/GH if you expect early december delivery
4 dollars/GH if you expect mid december delivery
3 dollars/GH if you expect early january 2014 delivery

this is for raw break even. If you want to be on the safe side, these figures should be divided by four (one month delay, plus targetting to double your BTC)

or the value of a BTC should be multiplied by 4.
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September 18, 2013, 03:31:43 PM
 #19

Terahashes will be the new Gigahashes fairly soon.

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September 18, 2013, 09:31:49 PM
 #20

I really hope bitcoin reaches $200 quick so I can get equipment in the bitcoin store for half price!  Grin

If bitcoin value doubles, then so does the market price per GH, all other things being equal.
So nope, aint gonna happen.
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