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Q: Will you update the calculator on the website with current difficulty, current price and current ROI?
A: We don't want to update the calculator because it doesn't make sense. It changes all the time.
A: We don't want to update the calculator because it doesn't make sense. It changes all the time.
Or maybe because it suits you fine to pretend that an S9 makes
Quote from: IceRock "calculator"
Profitability per day for 1 ASIC,$30
when the real figure is less than $5 a day right now.
...having exactly 20% on expenses all the time is very unlikely
Reinvesting any residual from the 20% should be the way forward...
Residual?
What residual would that be?
Despite all the noise made about buying vaporware superminers, the fact is that if they ever do start mining, IR will be buying something like S9's. That's what their "white paper" says. It also says "purchase June 1st"....
Calculations can only be made on that basis, otherwise they're not calculations, they're fiction. They can only be made on current prices and difficulty, not freak conditions that prevailed for a short period back months ago.
And just saying
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to da moon
about the future price, is BS.For round figures, an S9 currently mines $5 a day gross income (according to the IR calculator, for a $2300 capital investment. What's the ROI on that?):
50% payout $2.50
20% reinvest $1
20% op costs $1
10% IRock $0.50
So, operating costs are allowed $1 per day per S9 in total, that's electricity, manpower, maintenance, security, etc.etc.?
An S9, even at $0.03 Kw/h, uses more than that in electricity alone....
So who/what pays the wages of the Director, Technical Director and 4 Technical Support workers listed in the WP as part of the operating costs paid out of the 20%, when all the 20% (and more) is taken up with electricity bills alone?
50 cents a day per machine for the "management team"?
So, $500 a day per 1,000 S9's to split among how many management people? I stopped counting at twelve.....
Tl,dr: The financial projections in the White Paper and the "calculator", and Ice Rock's refusal to use a simple, accurate, dynamic version, are fraudulent fantasy.