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Author Topic: 600 GH/s how long is it good for?  (Read 4353 times)
ceyre
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December 24, 2013, 03:57:30 AM
 #21

I wouldn't too much stock into the timeline of yours when you're putting your chips in BFL's court...
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December 24, 2013, 04:21:03 AM
 #22

BFL.. Pay now, Get product... erm, maybe
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December 24, 2013, 07:51:18 AM
 #23

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.
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December 24, 2013, 09:46:14 AM
 #24

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

I would agree, but so many people claim to have free electricity through various means .........
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December 24, 2013, 11:32:20 AM
 #25

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH

TooDumbForBitcoin
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December 24, 2013, 01:46:29 PM
 #26

Quote
I've been looking around to see what $5000 can get me that will be relevant for the next six months.

About seven BTC, then hodl.



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|   NO ICO. NO PREMINE. 
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TooDumbForBitcoin
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December 24, 2013, 01:56:44 PM
 #27

Quote
Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 



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|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.  
|      The first Zerocoin-based Cryptocurrency      
   WITH ALWAYS-ON PRIVACY.  
|



                   ▄▄████
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empoweoqwj
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December 24, 2013, 02:25:15 PM
 #28

FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH


ASI Chip manufacturers will just produce more chips. Think "efficiency", that is what counts.
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December 26, 2013, 02:27:46 PM
 #29

600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.
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December 27, 2013, 01:51:40 AM
 #30

Quote
Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 

Who is Joe 600G can I ask?
TooDumbForBitcoin
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December 27, 2013, 04:01:58 AM
 #31

Joe 600Gh/s Miner, father of Timmy and Sally 600G.



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                █████
                 ██
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veil|     PRIVACY    
     WITHOUT COMPROMISE.      
▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂
|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.  
|      The first Zerocoin-based Cryptocurrency      
   WITH ALWAYS-ON PRIVACY.  
|



                   ▄▄████
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empoweoqwj
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December 28, 2013, 02:14:40 AM
 #32

600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.

With difficulty doubling monthly, "a little every week" is a bit ... little Wink
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February 13, 2014, 12:12:07 PM
 #33

What language is that?

Danish Smiley
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