Quote from: Racey on March 29, 2016, 01:47:43 PM

Quote from: cryptodevil on March 29, 2016, 01:40:50 PM

Quote from: GermanGiant on March 27, 2016, 11:47:06 AM

Quote from: alexde989 on March 27, 2016, 11:42:21 AM

I am new to bitcoin and I can't understand how to calculate the amount of bitcoins yielded given the GH/s. Say I am running 100GH/s for 24x7 for 1 week so whhat is the amount of bitcoins I will have ? If I am running on a cloud architecture ? Can someone show the calculation ?

Use mining calculators like www.cloudmining.website/calculator.php

Per week return for 100Ghs is ~0.00212716 BTC.

But whatever you do, don't use that ponzi scam he links to. It is showing signs of imminent collapse.

Collapse is right, seems like they themselves depend on investors.

Payment address
https://blockchain.info/address/3KEeC9hLHaGKE8YTf4pNveMPi96i9qQ3Hh

I thought they would collapse long ago but they seem to attract more customers.... so people are not reading. The calculator they send you to does not include difficultly common trick on ponzi cloud sites.

I thought when they did away with previous gen and got new "high performance" gear we would finnaly see them stop. But people still buy and it's crazy. They said they stopped using old gear and got new gear.... yet never release what they mine with on gear, or any info about gear. I think it's due to them being ponzi and not actually mining at all.... but everyone can make up their own minds.