Hi guys,
I'm a bit new to the btc business and therefore not very familiar with the tools which are out there.
Recently I stumpled upon the mining calculator on tradeblock.com and did following analysis on a S1:
https://tradeblock.com/mining/a/b70653202fEven when keeping electricity costs out of the calculation, given the price for which S1s are sold at the moment in my country,
it will never really pay off when starting to mine with it now?!
What do you think about that?
Is that really true or am I doing something wrong?
Or is the tool simply bull.... (est. diff increase too high, est. pools speed wrong, etc.)??
http://www.bitcoinx.com/profit/ tells something else, but I think they are not extrapolating the diff increase and so on or do they?
As I said, I'm a bit new to it and no real math genius, therefore it's hard to me to proof that.
And I didn't find any thread about tradeblock.com in the mining forum when searching.
Thanks for your replies
Regards
Hag