Re: [Group Buy] Avalon ASIC Batch 3 [CLOSED- Seven 4 module Avalons ordered]
Hello everyone. I just wanted to introduce myself. I'm excited to be a part of the group. I got 8 BTC in the mix!
Does that equate to roughly a 1/103 (8btc/824btc)? Just checking to see if I have roughly the right numbers. Also, with 8 4mod units we have 640,000 mh? or 640/gh. I enjoy a little trading and collecting. Thanks for any help out there.
Does that equate to roughly a 1/103 (8btc/824btc)? Just checking to see if I have roughly the right numbers. Also, with 8 4mod units we have 640,000 mh? or 640/gh. I enjoy a little trading and collecting. Thanks for any help out there.
Hi, I've been working on the numbers all night and am maybe about 1/2 through confirming investors deposits, payout addresses, and forum names. I took a break to check the forums and.. umm... crunch some more numbers.
A crude estimate of your monthly portion of the profits can be calculated by using the following formula:
(X-409.08) * .98 * .97 * (Y/715.694) = Your portion of profit in USD
Note: Enter X in USD and Y in BTC
X= Net profit (without power costs/pool fee/my fee)
409.08 = Power costs I expect to be about $409.08/month
.98 = pools 2% fee (may be a little more or less depending on what pool we choose)
.97 = my 3% fee
Y= your investment in BTC
715.694 = total amount invested in BTC (this number is not exact, but very close)
With the above formula, use any Bitcoin mining calculator with these numbers: 595,000 Mh @ 5600 watts.
I hope my above math is correct, someone please check me. I have been dealing with numbers with many decimal places for hours now.. at my day job aswell..
