Post
Topic
Board Mining
Re: Here is a chart of the history of bicoin mining profitability.
by
Hook^
on 08/07/2011, 15:59:04 UTC
A GPU card hashes around 50 times as fast as a CPU. The switch from CPU mining to predominantly-GPU mining occurred during the second half of 2010. So bear in mind that the average miner had around 50 times as many megahashes/second at the end of 2010 than they did in mid-2010.

If you adjust for that, the chart would be fairly level.

The chart uses only difficulty and pricing data.  How powerful each miner's machine was doesn't change the chart.

I think what you are saying is that the cost of buying hardware in the begining was much higher in terms of $/MH/S performance because they were only CPUs.  So your ROI was closer to the same because it cost around $400/MH/S for CPU power rather than $1/MH/S for GPUs.  I can make another chart showing ROI with those considerations in the future.