Bitcoin Forum
May 12, 2024, 11:30:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Hardware payoffs with consideration to Difficulty increases  (Read 643 times)
release (OP)
Member
**
Offline Offline

Activity: 184
Merit: 14


View Profile
July 23, 2011, 03:02:32 AM
 #1

if i payed $1000 for a 1.3 ghash/s system, i could pay that off in about in a little over half a year at this difficulty. ($0.14/kwh)
I'm not familiar with how difficulty increases (how often, how much) so how long would it take to payoff the system if the BTC price remained the same but difficulty increased as it is now?
1715556633
Hero Member
*
Offline Offline

Posts: 1715556633

View Profile Personal Message (Offline)

Ignore
1715556633
Reply with quote  #2

1715556633
Report to moderator
1715556633
Hero Member
*
Offline Offline

Posts: 1715556633

View Profile Personal Message (Offline)

Ignore
1715556633
Reply with quote  #2

1715556633
Report to moderator
1715556633
Hero Member
*
Offline Offline

Posts: 1715556633

View Profile Personal Message (Offline)

Ignore
1715556633
Reply with quote  #2

1715556633
Report to moderator
"Bitcoin: mining our own business since 2009" -- Pieter Wuille
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715556633
Hero Member
*
Offline Offline

Posts: 1715556633

View Profile Personal Message (Offline)

Ignore
1715556633
Reply with quote  #2

1715556633
Report to moderator
1715556633
Hero Member
*
Offline Offline

Posts: 1715556633

View Profile Personal Message (Offline)

Ignore
1715556633
Reply with quote  #2

1715556633
Report to moderator
1715556633
Hero Member
*
Offline Offline

Posts: 1715556633

View Profile Personal Message (Offline)

Ignore
1715556633
Reply with quote  #2

1715556633
Report to moderator
cryptomint
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
July 23, 2011, 03:10:29 AM
 #2

I'm not sure about the timeline for paying it off, but maybe you can cut your initial costs.

Do you have a part list put together? $1000 seems high for 1.3 Gh/s. Assuming you live in the US.
Bengel
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
July 23, 2011, 03:12:11 AM
 #3

http://www.alloscomp.com/bitcoin/calculator.php is a good little calculator

The difficulty increases every so many blocks and its based off of how fast those blocks are found.

Check the top of http://bitcoincharts.com/markets/ to check.
Bengel
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
July 23, 2011, 03:15:12 AM
 #4

Also, looks like the next difficulty is about 10 days away
release (OP)
Member
**
Offline Offline

Activity: 184
Merit: 14


View Profile
July 23, 2011, 03:19:54 AM
 #5

I'm not sure about the timeline for paying it off, but maybe you can cut your initial costs.

Do you have a part list put together? $1000 seems high for 1.3 Gh/s. Assuming you live in the US.
Really? it seemed kind of reasonable to me.
4 X 5850 $580
cpu $30
ram $16
psu $200
mobo $60
hdd $20
dvd drive $20
tax $25
shipping $15
PCIE extensions X 4 $20
aluminum and screws not sure, probably $20
http://www.alloscomp.com/bitcoin/calculator.php is a good little calculator

The difficulty increases every so many blocks and its based off of how fast those blocks are found.

Check the top of http://bitcoincharts.com/markets/ to check.
That calculator doesn't account for a difficulty increase though

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!