Quote from: GODLIKE on February 20, 2016, 07:15:43 PM

Quote from: Amph on February 20, 2016, 06:38:58 PM

Quote from: GODLIKE on February 20, 2016, 06:02:56 PM

Quote from: Amph on February 20, 2016, 08:13:15 AM

Quote from: GODLIKE on February 19, 2016, 08:48:15 PM

Quote from: Amph on February 19, 2016, 06:18:05 PM

i can argue they ar enot even selling 50%, since they don't need that much to cover their bills

Are you sure about this?
If you buy some hardware today, you spend money and that hardware is obsolete in less than one year.
Then there's electricity.
I'm not so sure they are earning so much.

yeah i'm sure they are earning like 4 times what they are consuming, so at best 25% goes in the bill, and that only with the recent diff increase, 1 month ago was six times, and before that was even higher 8 times or more

Strange, because ANY calculator I used showed me that after having spent money for hardware and electricity, after the first 3-4 months I pay back the costs, and what remains from that moment on is not much really, and after 6-7 months you better turn off your old hardware because difficulty has grown so much that it becomes counter-economic.

many of them already roi'ed on their hw since they have mining on the s7 from many months already

so it's all profit for them minus consumption, you can do the math easily, at 0.05 cent they are consuming $45 a month and earn almost 200 a month from a single s7, this is x4+ higher

with a 4:1 ratior, they certainly don't need to dump 50% of their coins unless they want to for other reason like manipulating the market to buy more coins...

You are essentially saying that online calculators are wrong, right?

from where you get that from my post? i've used an online calculator, and any calculator right now is telling me that 1 s7 = $200 per month, and it was higher before much higher i know there is the diff but you need to begin from when the s7 was launched, with double the earning