Post
Topic
Board Mining
Re: Audiochip Mining
by
papajo
on 13/10/2013, 23:48:46 UTC
ok if you keep insisting it means two things.. you are either trolling this topic to get it locked or you are just typing quotes you read in this forum and paste them as you see fit presenting them as your opinnion.. because no offense but the things you say make no sense..


So I make a last try to reason with you...


Most of the things you say are either not true at all or just one side of them is (if you have inmind particular situations and dont see the big picture)


So lets talk with hard numbers... a BFL BitForce Miner that does 50GH/s costs 2500$ if you order it right now 14/10/2013 you will get it around 14/05/2014 if you are lucky..... by then the difficulty will be at a rate of billions so yes this miner is going to bring nothing in terms of profit back to you... so you are right in this particular situation


The big picture now..

Lets assume we live in a perfect world were you could get this particular miner @50GH/s TODAY 14/10/2013 infront of our door.. well then the scenario changes a lot.... because if it starts mining today at current difficulty of 189,281,249 (and scaling that diff to lets say 70% per month that will lead to 4 billion at about 180 days/6 months) you will have summed up about 3000$ networth = 500$ profit (since the miner costs 2500$)

if you had 20 of them that means that you could have 10.000$ profit in just 6 months!




So what stops you doing this? A)AVAILABILITY  or better to say INavailability B)Price of the asics


So if lets say a simple a class microhip (thats used in phones pci cards dvd players etc) ok its NOT a miner asic it cant do GH/s on one chip but it can put out lets say 90 Mh/s on its own and costs lik 10$ or much lower (if you order in big quantities) consider ordering 250 of them (= 2500$ -if we dont count the discount caused by the wholesale type of order- running at ~25GH/s)


that means that after 12 months you will have 3000 usd networth = 500 usd profit

Which by having the same calculations of 70% per month increase of difficulty will lead to a difficulty of 110,279,464,758 at the 12th month.


So this case shows justs that the numbers add up but is it worth it? well if there are not any microchips out there capable of doing more than 90Mh/s and if your capital is only 2500$ then maybe its not worth it..


But if there are some chips that do even better MH rates and/or you capitol is bigger then its totaly worth it.