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.
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.
The sky is falling! The sky is falling!
Angelus, just sell us your gear and stop.
You like to blame the news reporter, just because the world is a dangerous place.
Go ahead and put your head back in the sand -- I won't be competing for that particular hole in the ground. While you're at it, feel free to buy some overpriced video cards from eBay or the Selling forum here. "Bitcoin is going TO DA MOON! If anyone says anything negative, I plug my ears and say 'Lalalalalalalalala...'"
I'm the voice of reason. No wonder so many people here don't like me
I don't think of you as the voice of reason, I think of you as that little kid that keeps harping on the same thing over and over and over. And it's annoying.
Yes, difficulty increased, we've known that it would for days, you've been going on and on about it for days, did we really need ANOTHER thread from you?
To try to inject something interesting into the carcass of a horse that has been dead but people keep beating on it for no apparent reason... Hash rate has flat lined and slightly decreased since difficulty jump it seems. I wonder if some people were squeezing the last drops of miner juice out of their rigs before returning them after the jump. Will be interesting to see if this trend continues or not.