Good job keeping up with the current hardware prices. Erupters and K1 nano already have their price drops reflected.
My only concern is the profitability calculations I'm getting for 5 K1 nanos are very different from the BitcoinX calculator. Specifically it's saying I'll never make my money back, and actually lose 80 bucks. Where as the other one says I'll at least make some profit. I didn't mess with the difficulty increase predictions on either, as I'm a noob in that regard.
I have both the calculators set up with exactly the same info, except bitcoinx measures difficulty increase different(Profitability decline as a decimal). I also removed any hardware costs to make sure they start with the same total hardware cost. For some reason the difficulty is defaulting to 26M, so I changed it to 31.26M to mirror what bitcoinx has.
This is the info I entered:
Here's where things get interesting. According to this calculator, in 6 months I'll still be about $80 in the hole. Where as bitcoinX says I'd have made 152 bucks, with the hardware paying itself off roughly at the end of month 3. I'm a bit confused because one says I'll spend more than I'll ever make, while the other says I'd make an okay profit.
Not sure which I should believe?
My only concern is the profitability calculations I'm getting for 5 K1 nanos are very different from the BitcoinX calculator. Specifically it's saying I'll never make my money back, and actually lose 80 bucks. Where as the other one says I'll at least make some profit. I didn't mess with the difficulty increase predictions on either, as I'm a noob in that regard.
I have both the calculators set up with exactly the same info, except bitcoinx measures difficulty increase different(Profitability decline as a decimal). I also removed any hardware costs to make sure they start with the same total hardware cost. For some reason the difficulty is defaulting to 26M, so I changed it to 31.26M to mirror what bitcoinx has.
This is the info I entered:
- 5 x K1 nano @ $275(250 + 25 shipping)
- Same 10W power @ .12kw/h cost
- 1.75GH/s | 1775MH/s Hash Rate(Assuming an overclock @350MH/s)
Here's where things get interesting. According to this calculator, in 6 months I'll still be about $80 in the hole. Where as bitcoinX says I'd have made 152 bucks, with the hardware paying itself off roughly at the end of month 3. I'm a bit confused because one says I'll spend more than I'll ever make, while the other says I'd make an okay profit.
Not sure which I should believe?