Quote from: TXTCLA55 on February 13, 2015, 05:40:32 AM

Quote from: thevictimofuktyranny on February 12, 2015, 08:24:42 PM

Quote from: TXTCLA55 on February 12, 2015, 08:01:55 PM

Quote from: thevictimofuktyranny on February 12, 2015, 05:40:06 PM

I did this for those people who prefer rigid historical analysis versus future modelling of economic conditions analysis. I know some people prefer the former to the latter, even if that kind of analysis is less profitable in the long run Roll Eyes

Using this chart at coindesk:

http://www.coindesk.com/data/bitcoin-mining-difficulty-time/

20 May 2014: 6.9 billion start

27 September 2014: 34.6 billion finish

Net increase over 4.3 months 5x or 500% higher Shocked

28 September 2014: 34.6 billion start

11 February 2015: 44.45 billion finish --Today---

Net increase 4.3 months 28.46% Cheesy

The last measurement over the last 4.3 months looks much better and speculatively hints at a difficulty halting its rising trend at some point in 2015 (at least for a short while) Shocked

Hmm, I guess (from what I'm reading here) the craze of mining is starting to slow as the price balances out. I'm in for the long haul, might as well buy a few more hashes.

Remember difficulty is going up in 11 days to 48.45 billion, dividends will be reduced by 8.39%; adjust your ROI calculations and decide if it is worthwhile. I bought my hash in December and therefore I've got some of BTC back Wink

Also, AMhash1 at Havelock is less productive, but considerably cheaper. But, excellent customer service, error free payouts, regularity of payouts and coin choice is not part of that package. So, if you like the overall package of benefits at Genesis mining (I got my BTC converted into DRK and LTC for 1 month, which has done nicely) is what you need to relax, then it is the right choice for you Roll Eyes

I do prefer GM to anyone else, simply on the premise that according to my research they're likely to be around the longest. I'll have to factor in the diff change, but I'm not dropping too much capital into it.

Quote from: galdur on February 13, 2015, 02:24:31 AM

Man, I wish I had more money than sense ...

In my current investments an outlay of 750 BTC would be earning AT LEAST 5 BTC per day net. And that´s a slow day Grin

Man, and here I am with less than a TH trying to make the most of a student budget lol. Tongue

I was referring to that Bittburger guy and his dead money. I figure his outlay was like 750 BTC. The yield is just paltry. And that´s putting it mildly. And with the BTC price $100 or so from taking that yield to zero or so this small yield makes even less sense with such a large investment. He must have listened to idiots who are useless except as counter-indicators.