Post
Topic
Board Hardware
Re: Alydian Announces 5/10TH Systems w/ 65nm Chip
by
exahash
on 08/08/2013, 22:01:20 UTC
At time of press, each Terahash returned approximately $2,800 per day in earnings.

Kindergarden math would suggest that's wildly inaccurate....

1 block/10mins @ 25coins/block = 3600 coins/day
Network hashrate (now) = 343Th/s

So 1 Th/s (if existing not *adding* to the network) would expect to get 1/343 of 3600 coins/day = about 10 coins/day = about 1000$/day _right now_ with an ever decreasing amount as others add to the network

Some days are better than others (but it all evens out in the end) - a real example - 370Gh/s on 1/August received 4.13 coins, so scaling that to 1TH/s would have been 11.16 coins

You must've been a child prodigy, Rob, doing multiplication and long division in kindergarten.   Shocked

A much easier online calculator says:
Mh/s      Difficulty      Coin/Day   $/Coin   Net Profit
1000000   37392768      13.45   102.14   $1373.732

Now, they say in the announcement that btc recently traded at 105, but 13.45 * 105 = $1412.25, which is still only about half of the $2800 figure they mention.

Kinda hard to trust a company that gets such a major detail so wrong in their first press release.