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Vladimir (OP)
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June 08, 2011, 05:59:42 AM
Last edit: April 03, 2013, 09:20:45 AM by Vladimir |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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kpriess
Sr. Member
 Offline
Activity: 415
Merit: 250
Money is the root of all evil.
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June 08, 2011, 07:02:05 AM |
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 These babies are waiting for someone to buy a mining contract  Oh god.. Envy.. Bump.. |
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Vladimir (OP)
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June 08, 2011, 05:01:03 PM
Last edit: April 03, 2013, 09:20:54 AM by Vladimir |
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Vladimir (OP)
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June 08, 2011, 10:30:32 PM
Last edit: June 01, 2013, 01:44:33 AM by Vladimir |
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borito4
Member
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Activity: 87
Merit: 10
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June 08, 2011, 11:02:14 PM |
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Vlad. I wish I was you/worked for you.
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Adam
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June 09, 2011, 02:45:41 PM |
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I'm starting to wish I had outsourced my mining after spending a few days building computers and still being less than 50% capacity. Pain in the ass.
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Dropkickdragout
Member
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Activity: 98
Merit: 10
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June 12, 2011, 10:29:49 PM |
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I would really enjoy being a part of this....but that's $714.60 USD a month.. I don't think I can afford that right now for more than 1 month, and In 1 month I don't think I could break even.
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Vladimir (OP)
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June 14, 2011, 07:32:44 PM
Last edit: April 03, 2013, 09:21:16 AM by Vladimir |
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Vladimir (OP)
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June 16, 2011, 02:50:55 PM
Last edit: April 03, 2013, 09:21:22 AM by Vladimir |
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Reikoku
Full Member
Offline
Activity: 140
Merit: 100
firstbits: 1kwc1p
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June 16, 2011, 03:00:34 PM |
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Love the huge tower of graphics cards, looking forward to more pics of DC3.
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Rei | 1Kwc1pqv54jCg8jvnm3Gu1dqFQYhS34Bow
Trades So Far: 7
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Vladimir (OP)
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June 16, 2011, 03:01:58 PM
Last edit: April 03, 2013, 09:21:31 AM by Vladimir |
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Reikoku
Full Member
Offline
Activity: 140
Merit: 100
firstbits: 1kwc1p
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June 16, 2011, 03:17:18 PM |
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Love the huge tower of graphics cards, looking forward to more pics of DC3.
To tease you will make a pic of a fan, later today. I take it you're the reason all my retailers are sold out of XFX 5870s and 5850s  |
Rei | 1Kwc1pqv54jCg8jvnm3Gu1dqFQYhS34Bow
Trades So Far: 7
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Vladimir (OP)
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June 16, 2011, 09:43:29 PM
Last edit: April 03, 2013, 09:21:58 AM by Vladimir |
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Reikoku
Full Member
Offline
Activity: 140
Merit: 100
firstbits: 1kwc1p
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June 16, 2011, 11:44:29 PM |
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What's the CFM on those? I envy you Vladimir, but in the good inspirational way.  |
Rei | 1Kwc1pqv54jCg8jvnm3Gu1dqFQYhS34Bow
Trades So Far: 7
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Vladimir (OP)
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June 16, 2011, 11:51:18 PM
Last edit: April 03, 2013, 09:22:05 AM by Vladimir |
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Ben Walsh (beamer)
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June 18, 2011, 11:01:37 PM |
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I'm looking at these contracts and got all confused ...
I'm trying to work out what my expected total BTC payout would be from a 4 month 1 GHPS contract.
I understand the difficulty changes every 14 days. Is there somewhere I can get the historic changes in the difficulty ?
If I can find that figure and assume I got to keep the rig for ever, I can use the sum to infinity calculation as follows, right ? ...
1 / ( 1 - ( 1 / ( 1 + difficulty change ) ) ) x 14 (days of each period) x 1.15 (current daily payout from 1 GHPS) = total BTC payout
Let's assume for now that it is high (10%) that would give ...
1 / ( 1 - ( 1 / ( 1 + 0.1 ) ) ) x 14 X 1.15 = 11 x 14 x 1.15 = 177.1 BTC
So that's £1760 / 177.1 BTC = £9.94 / BTC at least (as I'll only have the 1 GHPS for the 4 months rather than forever)
Is 10% a safe estimate for the difficulty increase ?
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REF
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June 18, 2011, 11:06:59 PM |
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30% is better to use.
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Vladimir (OP)
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June 19, 2011, 02:42:30 AM
Last edit: April 03, 2013, 09:22:19 AM by Vladimir |
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Ben Walsh (beamer)
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June 19, 2011, 02:09:09 PM |
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Maybe you should ;O)
Apologies if I have offended.
I am trying to calculate my "steady and predictable BTC income stream" and doing my due diligence on the historical, medium term and short term difficulty changes, before I go ahead with an investment.
PS : Don't knock the mathematicians, they are the only reason Bitcoin exists after all ;O)
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Capitan
Member
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Activity: 112
Merit: 10
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June 20, 2011, 04:06:52 AM |
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It seems every time, mtgox rate hits a short term low, a new mathematician comes here. I should start trading and make zillions trading using this bullish indicator.
So why not answer his question instead of deflecting it? |
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