lawing (OP)
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April 13, 2014, 09:22:58 PM |
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How accurate are bitcoin calculators? i am planing on buying 10 antminers at 2 th/s total i used https://www.alloscomp.com/bitcoin/calculator it says i will be making 4.99641908 BTC
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franky1
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April 13, 2014, 09:29:45 PM |
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not accurate. just a rough guide. by the time you bought the rigs. 10,000 more people may have turned their rigs on, which cuts the slice of the pie more thinly when it comes to shares. and then their rigs add to the hashpower making the difficulty raise each 2 weeks for everyone involved. no one can predict how many users will join tomorrow, so by the time you bought the rigs, the hashpower has changed. and if its been 2 weeks, the difficulty has changed. (2 factors that alter the siz of the share you will get) so treat it as rough estimate, not something to base 'guaranteed income' on.. you will never know exact numbers of fnds you receive, ntil you receive it.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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jonald_fyookball
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Core dev leaves me neg feedback #abuse #political
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April 13, 2014, 09:30:35 PM |
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That's at today's difficulty I assume. You have to factor when you will actually get the machine in hand, what will the difficulty will be then and how will it change over time.
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byt411
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April 13, 2014, 09:34:13 PM |
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Also, that is an estimate, your pool can have good or bad luck.
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kthejung
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April 14, 2014, 02:23:35 AM |
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I recommend this calculator https://cex.io/calc I'm assuming that you will make about 13 btcs(total before october) with 2 t/h until the returns in btc become too insignificant to operate vs cost of electricity. I'm mining with 6 overclocked antminers for a total of 1.15 t/h (real-world operation hash rate) and hope to reach about 6-7 btcs by end of september. 10 antminers are going to produce quite a bit of noise and loads of heat so consider that into consideration as well. Also, make sure that the circuits that you will use can handle that kind of load. You may already know all this but doesn't hurt to repeat safety precautions.
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jparsley
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April 14, 2014, 11:18:37 AM |
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Its just an estimate, but if your actual hash is 10ths, you should a little less/more than 5
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please unban me.
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kthejung
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April 14, 2014, 12:04:37 PM |
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Its just an estimate, but if your actual hash is 10ths, you should a little less/more than 5
I believe that the OP is talking about the S1 not S2; in which case the 2 t/h total is accurate for 10 overclocked S1s.
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cr4sh0verride
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April 14, 2014, 01:01:54 PM |
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I just do my own calculations in a spreadsheet with a few assumptions but it can be pretty accurate..
Here is what I do
Work out your Hashes.. for instance 2TH/s will be 2000 x 10000000000 = 20000000000000 (Will call this A1)
Add a cell with the difficulty 6,119,726,089 (call it A2)
Then use this formula to get the amount of Bitcoins you will make per day
=(216000*A1)/(A2*(2^32))
Times it by how many days left and that's roughly how many Bitcoins you will make this diff
I calculate a 20% increase in each difficulty so I make a new cell with
=SUM(0.2*A2)+A2
Rinse and repeat every 13 days or so.. and you will get a fairly accurate picture
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fattypig
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April 14, 2014, 01:41:55 PM |
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Any bitcoin calculators that have difficulty increment by 20% per 11-12 days is pretty accurate..
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byt411
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April 14, 2014, 05:18:21 PM |
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LOL. How many bitcoins will I earn with 100 Gh/s miner? You will mine 0.2143 bitcoins. Uh.... in what period of time? In a day? A second? A month? My lifetime? The miner's lifetime?
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Jacksquere
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April 14, 2014, 11:18:47 PM |
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When the KNC miners start hitting the market, there will be massive increase.
What was it, 2400 x 3 TH/s?
Have to take that into account.
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xhomerx10
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April 15, 2014, 12:58:08 AM |
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When the KNC miners start hitting the market, there will be massive increase.
What was it, 2400 x 3 TH/s?
Have to take that into account.
Not really. It's already factored in when you use a figure like 20-25% per diff retarget. Look at the numbers - the network hashing rate is currently 58,736 TH/s . KNC's 2400 units X 3 TH/s causes a 12.25 percent increase and KNC will release that in two separate batches almost one month apart. It's not significant enough to warrant extra consideration.
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kickbit
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April 15, 2014, 08:41:21 AM |
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How many bitcoins will I earn with 100 Gh/s miner? You will mine 0.2143 bitcoins. Uh.... in what period of time? In a day? A second? A month? My lifetime? The miner's lifetime? 6 month by default. You can check it here: http://mining-profit.com/advanced-calculatorIt's the most popular question. I'll explain it on the website.
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Boris-The-Blade
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April 15, 2014, 12:36:58 PM |
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Most calculators are pretty crap
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kickbit
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April 15, 2014, 02:21:02 PM |
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Most calculators are pretty crap But not mine! I guarantee accuracy and quality of calculations!
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byt411
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April 15, 2014, 02:37:31 PM |
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Most calculators are pretty crap But not mine! I guarantee accuracy and quality of calculations! I guarantee your failure if you don't listen to what others tell you. LOL. How many bitcoins will I earn with 100 Gh/s miner? You will mine 0.2143 bitcoins. Uh.... in what period of time? In a day? A second? A month? My lifetime? The miner's lifetime?
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kickbit
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April 15, 2014, 07:21:26 PM |
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I guarantee your failure if you don't listen to what others tell you.
What's wrong with you? Can you read? How many bitcoins will I earn with 100 Gh/s miner? You will mine 0.2143 bitcoins. Uh.... in what period of time? In a day? A second? A month? My lifetime? The miner's lifetime? 6 month by default. You can check it here: http://mining-profit.com/advanced-calculatorIt's the most popular question. I'll explain it on the website. I've already answered your question.
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