Quote from: talldude on June 24, 2011, 03:32:47 PM

Quote from: AngelusWebDesign on June 24, 2011, 02:31:22 PM

Mining just got a LOT less profitable.

1 GH/s used to bring in 1.146 BTC per day. Now it brings 0.656 BTC/day.

BTC are currently trading for $15.50.

So a guy with a 1GH/s rig went from making $17.76/day to making $10.16/day.

Both figures are gross profit, not net profit (after electricity taken out). I used Deepbit's estimator for these income figures; for proportional pools, multiply figures by 1.07. For proportional pools with 0% fee, multiply by 1.10.

Daily income for 5830's is now 0.167 BTC, or $2.60.

I don't know what math you use, but by my math 1.146 BTC / 1.57 = 0.73 BTC, unless I'm missing something...

You have to have the right equation.