lawing (OP)
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April 13, 2014, 09:45:14 PM |
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i keep hereing this but i dont no what it is and i cant find anything on google
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redguard
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April 13, 2014, 09:51:53 PM |
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Yes, it's return of investment. If you invest into something, let's say, $100, RoI is the time you get your $100 back.
Its values range from the Planck's constant (instant-like) to infinity (never - you'll never get your money back).
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BetMoose
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April 13, 2014, 09:53:32 PM |
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If it's a lump-sum investment and a lump-sum payout the calculation is
(Amount you get - amount you put in) / (amount you put in) * 100% OR an easier way: (amount you get/amount you put in) - 1 * 100%
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BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
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freedomno1
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April 13, 2014, 09:54:23 PM |
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Return on Investment
Actually everyone above was faster It's the calculation of how much you can expect to make in profit Cost of goods and services property plant and equipment land fees distribution etc. 1k You sell said product for 2k 1/2 ROI = 50%
Other factors include Interest payments exploration drilling costs Depends on the field
Bitcoin its difficulty to mine bitcoins versus profit Although Mining has never been profitable I believe Even in 2011 electricity is greater than value of bitcoins so some people are just like screw it buy it not mine it Good old divides
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Believing in Bitcoins and it's ability to change the world
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lawing (OP)
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April 13, 2014, 09:54:58 PM |
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ok thanks anyone no the average ROI for mining bitcoins
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franky1
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April 13, 2014, 09:57:30 PM Last edit: April 13, 2014, 10:24:05 PM by franky1 |
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return on investment EG if you invested $8k in mining rigs and you only got 0.5btc a day when mining. at current prices ($400) it will take 40 days of 0.5btc a day to get $8000 worth of bitcoin to break even. more complicated is that the difficulty rises every 2 weeks. so depending on what day you began mining and considering the difficlty rises it may be 90 days before you have got $8k of btc purely because the difficulty change means your 0.5btc reward, starts to turn into less, at each difficulty jump. and that excludes more miners joining in between difficlty jumps, taking a slice of the shares, which also decrease earnings. so ROI could be 90 days. the funny bit is that most miners are shooting themselves in the foot, because either before or at the point they breat even, they realise the equipment thy are using is sucking such an amount of electric that the declining BTC reward is not covering the costs. and as such as soon as they break even they then spend the $8k on the next generation of equipment just to cut costs and TRY to make back their $8+ profit in a shorter timeframe. endlessly chasing their tail ok thanks anyone no the average ROI for mining bitcoins
without knowing what rig you got, your electricity costs you got.. no..
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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TheCloser
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April 13, 2014, 10:10:04 PM |
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Radius of Influence
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franky1
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April 13, 2014, 10:23:40 PM |
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Radius of Influence
Republic Of Ireland Return Of Invoice the movie RIO for dyslexic children
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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lawing (OP)
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April 14, 2014, 12:37:19 AM |
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i was planing on buying 10 antminers for 500 each total cost 6200$ power is .10$ a kw antminers use about 400w each 4300w total
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Mobius7
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April 14, 2014, 09:04:20 AM |
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ok thanks anyone no the average ROI for mining bitcoins
It really depends on your equipment and your electricity price. You should take a look at a profit calculator before buying any ASIC.
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tertius993
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April 14, 2014, 10:58:32 AM |
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I think it would be more accurate to say ROI is the return you get in a given time for a given investment after allowing for the costs (which may include initial capital and running costs), this may be a positive (greater than investment) or negative (less than investment) return.
A worked example (with simple numbers):
100 day ROI
For simplicity assume a stable BTC value of $500.
Capital cost: $1,000 spent on mining hardware (including taxes, delivery, etc.) Running cost: $10/day spent on electricity to keep it running
Total cost over 100 days = 1,000 + (100 x 10) = 1,000 + 1,000 = $2,000 (or 4 BTC)
Return in Bitcoins = 0.02/day (ignoring difficulty increases)
After 100 days you will have mined 2 BTC, which is an ROI of 2/4 or 50% (less than 100% and therefore negative).
If difficulty doesn't change or BTC go up that example rig will never return a positive ROI (as it is only mining exactly enough to pay its electricity bill: 0.02 BTC = $10).
However, having said that, on this site most people use ROI as shorthand to say "How long will it take for this investment (hardware/cloud/group buy/whatever) to achieve a positive return?"
As you will see from the example above in order to get a positive return you must at least mine more than the electricity costs!
Unfortunately to calculate that with any accuracy you need to allow for both a variable BTC value (unless you can buy in BTC and thus avoid any exchange rate variability) and the change in mining difficulty (which at the moment is increasing significantly every 2 weeks/2016 blocks).
Hope that helps.
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giletto
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April 14, 2014, 11:04:06 AM |
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Yes, it's return of investment. If you invest into something, let's say, $100, RoI is the time you get your $100 back.
Its values range from the Planck's constant (instant-like) to infinity (never - you'll never get your money back).
That is common nonsense, what you mean is break even, not ROI.
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krishatnet
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April 14, 2014, 04:49:52 PM |
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ROI means return on investment.
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We Support Currencies: BTC, LTC, USD, EUR, GBP
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Kiki112
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April 14, 2014, 05:06:54 PM |
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R--> Return O-->Of I-->Investment
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tertius993
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April 14, 2014, 05:21:08 PM |
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Though as gilletto pointed out, (and I tried to) most people here say RoI when they actually mean "break even".
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Lamber
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April 15, 2014, 12:27:19 PM |
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Return of investment it is.
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odolvlobo
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April 15, 2014, 07:44:16 PM |
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ok thanks anyone no the average ROI for mining bitcoins
The average ROI for mining bitcoins has been negative for more than a year now, i.e. most people have lost money. Generally, the reason is that the difficulty has risen quickly and most people paid more for their mining equipment than it has mined.
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apsvinet
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April 16, 2014, 05:09:56 PM |
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Guys you don't need 10 posts in the same thread explaining the same thing. If you see that someone has already answered ( especially when there are 10 of them ) there's no point posting the same shit again. It's just spam.
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supernovax
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April 22, 2014, 05:19:13 PM |
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ROI is the full form of (Return on investment). Is the concept of an investment of some resource yielding a benefit to the investor.
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