Hey guys,
I´ve read about bitcoins a while ago, but didn´t do anything back then. Now I thought "Hey why not give it a shot?" After my usual approach into something new (1-2 hours research) I decided to start this topic. There are some things that are just not clear and I hope you´ll clear them up for me
First thing I realized is that AMD >>>>>> Nvidia. My gaming PC runs Nvidia so I´ll "need" a new one. I would have no problem buying one since I got the money and no other Idea what I should do with it.
I could use the new one dedicated and 24/7.
I found out that 5850 and 5870 are doing pretty well for the price. Overall I could spend 1000$ so they are my priceclass. (And I try to get 1mh/s for 1$)
The problem is that most topics I found with interesting info date back to 2011. There they state "Yeah good rig you could make about 800-900$ per month." and also some with even higher earnings. At the first moment this sounds really good. One month and I got my investment back. But I know that difficulty has increased since this date (and also some inflation happened). So I put the numbers into this fancy calculator
http://www.alloscomp.com/bitcoin/calculator.phpCurrent difficulty factor: 1726566.55919 (that´s 4 times higher than stated in one post dating back to 2011)
1000 mh/s
Current exchangerate: 6.62886
So... I make about 117$ per month. That's not THAT bad but... is it worth letting a computer run 24/7? So I could say after 10 Month (in reality it´s for sure higher because of the difficulty increase and costs) I got the investment back and start make some profit. From the numbers I saw I´ve expected at least a bit more. Am I missing a point?
But how far is this number from reality? It seems just too low. Don´t tell me there are lots of people doing this for a few extrabucks per month.
Some people will say I missed the boat... I should´ve started earlyer. But I don´t want to miss the boat. I´ve already missed some boats, I just don´t want to miss another one.
So is it possible to get any real numbers and not just out of calculators? How much mh/s you got and how much money you get out of it?
As I said the most helpful threads seem to be heavily outdated. I would also donate some BTC for really helpful advice but at the moment I have none
Maybe I´ll start mining and if so, I´ll think back to this thread and donate some.
Thanks in advance and greets,
exI
Also what about the jalapeno?