BTC Price drop, huge cut in Pool Hash Rate

[AngelusWebDesign]

I agree...

Any drop in hashrate right now is so small, it's lost in the fog of variance and luck.

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[bcpokey]

im still in with my "free" electricity here in the office.

worst case, i have some nice gaming cards! its a win/win here.

I'm spending my time trying to get my 5870 tri-fire setup going

Game on!

[stryker]

I'm still mining cos I'm waiting for hookers to accept BTC.... then the price will skyrocket! 

[chungenhung]

If you are only in bitcoin for profit, you should turn off ur rigs when your electric cost exceeds the value of BTC produced.
If you continue to mine, thinking bitcoin will increase in value in the future, you would be better off just buying it outright.
Buying BTC at below your production cost will save you some $, and at the same time raise the price of BTC.

[Raize]

According to your sigline, you're pulling 826 MH/s.
That's 0.42 BTC/day, or $2.01 at the current market rate for BTC ($4.80)

2 bucks.

I never understood why someone has to use today's price to determine whether to mine.

Maybe it's better to look at this this way, I'm buying 1 Bitcoin per day at the cost of $2 USD in electricity. Of course I'm going to keep mining, because I want the Bitcoin, I don't care about the USD, I get paid in those and they are worth less and less every passing day.

Part of me is happy these Bitcoin mining operations are looking at decreased profits, because it keeps this thing an enthusiast's game.

[EskimoBob]

I turned mine off.

Same here. No point mining with those electricity and BTC prices.

Here are 2 good calculators:
http://bitcoinx.com/profit/
and
http://striketeam.ath.cx/btccalc/btccalc.php






 

[tonto]

I'm still going!  I used to do SETI@home and then folding@home.  So I wasted my electricity for shit that didn't return any money.  So I'm still in for an indefinite amount of time.

[stryker]

deepbit is usually at/aroung 5400 gh/s but its more like 4800 gh/s now so theres some drop