any idea how screwed I am with 128 chips? Looking at mining calculators looks like I'll only make $700 in a year, am I way off or is the calculator flawed?
http://mining.thegenesisblock.com/a/e41625025cI doubt the percentage will remain 100%+ per month, but im new to this, any updated predictions guys?
The link calculates oddly to me, perhaps I'm missing something. It assumes you will solve a block? ( which in therory is possible along with being hit by lighting and wining the lottery in the same minute) and oddly works backwards to calculate profit? In any case I have found these calculators to be unreliable because they have a hard time taking into account variable 2 week difficulty jumps. For best results calculate a daily/24hr BTC return for a difficulty, then multiply it out based on your own predictions.
https://docs.google.com/spreadsheet/ccc?key=0Ah7ZJVoobFY7dDRGQk1kdmJmaUJwZENKZUdNejJlWEE&usp=sharing#gid=0in green shows a BTC SUM earned based off a 25mill delta adding 5mill to the delta every 'round' (~2 weeks). It was started mid September and at the time everyone thought I was over estimating how bad it would be. The red(ish) section shows what has occurred, and I will update again shortly. Since the original green post, the difficulty delta as been nearly spot on (over estimated by less than 1mill last round), but this round I was way off! Instead of 45mill jump we are getting over 60mill and we still have ~1.5 days left in this round. I believe this jump is mostly due to KNC, others still to come. I expect the next round delta to be 60mill + 5mill and this linear first derivative should hold as a base line 'lower limit' through March ish of next year.