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Author Topic: Can someone do a little maths for me please  (Read 1472 times)
mnporter2001 (OP)
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August 24, 2014, 05:46:22 PM
 #1

How much BTC will one of these S3's churn out a week at the current dif level ? (430 ish GH/s )

Just a rough estimate would be good Smiley

Thanks
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August 24, 2014, 05:50:52 PM
 #2

0.0635 for the first week
About 0.45 total.

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August 24, 2014, 05:52:38 PM
 #3

0.0635 for the first week
About 0.45 total.
Probably not what he wanted to hear.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
mnporter2001 (OP)
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August 24, 2014, 05:52:55 PM
 #4

0.0635 for the first week
About 0.45 total.

Thanks for the rapid response its appreciated !

what is the total though ?

Cheers
Mark


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mnporter2001 (OP)
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August 24, 2014, 05:54:15 PM
 #5

0.0635 for the first week
About 0.45 total.
Probably not what he wanted to hear.

lol just working out what i would gain from selling my S1's and replacing them with the S3 but im shit at ROI forcasts Smiley


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August 24, 2014, 05:54:22 PM
 #6

Ha, no that's before electricity.

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mnporter2001 (OP)
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August 24, 2014, 05:56:38 PM
 #7

0.0635 for the first week
About 0.45 total.

I mis read it first time around

So it should make 0.0635 a week i get that but what is the total mean ?


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cp1
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August 24, 2014, 06:09:03 PM
 #8

It makes less and less over its lifetime, so eventually it'll make nothing.

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August 24, 2014, 06:32:36 PM
 #9

0.0635 for the first week
About 0.45 total.

I mis read it first time around

So it should make 0.0635 a week i get that but what is the total mean ?
Yes the estimate is 0.0635 the first week, unless it takes you a few weeks to get it then you will make less for your first week.

Then every week you will make less and less.  You are already a miner so you know this, nothing new.

The 0.45 total is an estimate of the total BTC the device will make over its entire useful life.

So basically if you pay more than 0.45 BTC for the device you will probably lose money.

And note that these numbers assume your electricity is free.  If you have to pay for electricity then you would have to take that into account also.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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August 24, 2014, 08:29:38 PM
 #10

Look at coinwarz it is easy to find out and put in electricity cost.  It's great for current earnings.
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August 25, 2014, 03:34:33 PM
 #11

Wow so according to the replies here the new S3 will NEVER ROI thats some bad shit lol

You should see the prices they are going for on ebay, going to be some upset people on there

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August 25, 2014, 03:37:26 PM
 #12

Wow so according to the replies here the new S3 will NEVER ROI thats some bad shit lol

You should see the prices they are going for on ebay, going to be some upset people on there
There are exceptions but in general mining never gives you a positive ROI in BTC.  If the price of BTC goes up enough then you may see a positive ROI in fiat.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
cp1
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August 25, 2014, 05:56:34 PM
 #13

Why would anyone sell it for less than they could make by keeping it?

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
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August 25, 2014, 06:27:42 PM
 #14

https://tradeblock.com/mining/

Plug in the number and run the simulation.
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August 26, 2014, 01:07:21 PM
 #15

The "simplest" and nicely flexible ROI caculator

https://bitcoinwisdom.com/bitcoin/calculator

J
www.megamine.com

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August 27, 2014, 03:41:51 AM
 #16

well at free power

 20% diff an s-3 mining today does about 0.58 btc   at 10 cents a kwatt    .31 btc

15% diff  "   "        "        "       "       "    0.77 btc    at 10 cents a kwatt     .42 btc

14% diff ----------------------------------- 0.84 btc    at 10 cents a kwatt    .45 btc

13% diff ------------------------------------0.90 btc    at 10 cents a kwatt   .49 btc

12% diff ------------------------------------0.99 btc    at 10 cents a kwatt  .53btc

11% diff ------------------------------------ 1.09btc    at 10 cents ------------.58 btc

10% diff--------------------------------------1.19btc     at 10 cents -----------.64 btc.

9%  diff------------------------------------- 1.34btc   at 10 cents ------------- .70 btc


so  if you mine today with free power maybe 1 btc

if you mine at 10 cents a kwatt maybe   .55btc 


   this assumes    btc stays at 515 usd a coin   

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August 27, 2014, 05:24:58 AM
 #17

Why would anyone sell it for less than they could make by keeping it?

Yes, space and heat problem...
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