Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
glungnahund
on 24/07/2013, 14:05:15 UTC
Okay, since I have enough of this no ROI crap, here is a little hint:

even at 700.000.000 difficulty you have an ROI. Granted, if you buy an asic at that point it takes 1 year and a half, but ROI is still possible.

If the cost of electricity(*) exceeds the value of the mined BTCs you´ll never have ROI.

(*) There is no such thing as free lunch/electricity


smartass. the calculation was made with 0,31 usd/kwh. That is German standard and most countries will be lower than that.

And, just for the fun of it: with 0,15 usd/kwh which would be an US standard you get your ROI after 1 year.

The difficulty rises constantly while mining ... after X days mining won´t be profitable anymore. If X < 1 1/2 years you dont have ROI.

Let´s get back to the topic.