Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order

Quote from: bl1nd on February 06, 2018, 08:34:16 PM

Quote from: Sitarow on February 06, 2018, 06:31:25 PM

Here is a chart that you can use that will help.

I have updated it with Bitmains latest offering of the Antminer S9.

It seems that the network difficulty will be dropping. Perhaps due to BCH taking a little of the mining hardware out of the picture or older hardware being taken offline to to operating costs.

To clarify the chart I have is set to have an increase in difficulty at 1% every 18 days. THIS IS AN ESTIMATE. It may drop % a few times. However I have factored in the average increase over the last two years and even the average from the last year.

https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing

https://i.imgur.com/v4xu4s1.png

Great work, goes to show some naysayers here talking about Avg 15% increases... Some ppl are very naive to think big mining operations will run at a loss based on faith of a bitcoin price increase. Fact is mining will always be profitable, the only way a S9 becomes unprofitable is if something REALLY good is released in the next few months and they flood the market with it.

I do apologize as I had posted the sheet ahead of completing the difficulty estimates. However it still may prove better to buy hardware as the difficulty will level out as adding new hardware to the network does subside.

Here is an example from the above linked document with the new offering from Bitmain.

^ UPDATE: Now with two difficulty dates. Presently set at 5% and 1% on the 6th month.

2ND UPDATE: I added a result at 15,000.00 USD to BTC Estimated Return with a Network difficulty increase of 10%