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.
Except that, to me, you're the little kid. You're probably younger than me.
Real age does not matter, only apparent age. I am indeed probably younger than you, yet I have the decency at my tender young age to not spam up a message board with repeated attempts at driving down a market for my own selfish reasons, insulting those who disagree with my faulty assertions and generally expecting that my opinions are so incredibly important.
I will repeat the following though:
AngeliusWebDesign
Total Posts: 340 posts
Total Topics Started: 50 topic
You're doing a tiny bit better, almost up to 7 posts per topic started, but that's still an abysmal number. 7:1 post:topic ratio means you consider your opinions incredibly important, and really when they're so tedious and repetitive, they're not. When you're a normal contributing member of the forums you notice I don't say anything, but when your 3rd topic about difficulty jumps (p.s. I made a prediction in a thread last night that this thread would appear, so thanks for that confirmation at least) and 5830s and whatever appears it grates on regular users.