Bitcoin Forum
November 03, 2024, 07:43:47 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Finally figured out how to make a miner purchase make financial sense  (Read 1578 times)
DieJohnny (OP)
Legendary
*
Offline Offline

Activity: 1639
Merit: 1006


View Profile
December 04, 2014, 12:53:06 AM
 #1

I calculated difficulty increase as a negative 20%!! -20% OMG yes!

Doing so means I will pay back my miner in 3 months and potentially make 100 BTC by end of next year.

Yes!!!!

Those who hold and those who are without property have ever formed distinct interests in society
armedmilitia
Hero Member
*****
Offline Offline

Activity: 562
Merit: 506


We're going to need a bigger heatsink.


View Profile WWW
December 04, 2014, 01:03:21 AM
 #2

Wow! I should go out and buy some block erupter USBs, they're a steal now!
That means that eventually they'll start making ∞ BTC per day, I wonder if that will have an effect on price?  Roll Eyes

Always use escrow. OgNasty is pretty sweet.

Help me out with compiling a list of mining datacenters!
throwingbones1
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
December 10, 2014, 03:51:22 PM
 #3

I calculated difficulty increase as a negative 20%!! -20% OMG yes!

Doing so means I will pay back my miner in 3 months and potentially make 100 BTC by end of next year.

Yes!!!!

lol, you are a fool

Without The Hyena The Lion Cannot Be King Of The Jungle
Rovernelson
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
December 11, 2014, 05:55:35 AM
 #4

There is no way difficulty will decrease 20% unless a mega industrial mine is shut down like the mine in Thailand
CoinBreader
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
December 11, 2014, 10:45:14 AM
 #5

mining is profitable when you have free power & free equipment , or else ROI will drop down to the the drain!
xstr8guy
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1004


Glow Stick Dance!


View Profile
December 11, 2014, 11:18:12 AM
 #6

There is no way difficulty will decrease 20% unless a mega industrial mine is shut down like the mine in Thailand

That mine in Thailand was not anywhere near Mega status. I don't think the network difficulty even flinched when that mine burst into flames.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!