Post
Topic
Board Mining support
Re: Is solo mining possible with the 500 GH/s Bitcoin Miner from butterflylabs??
by
vpasic
on 19/12/2013, 20:58:34 UTC
The network currently has 6.2 million GH/s. Join a pool.

But how many coins will I receive If I put in the 500gh butterfly lab miner you think? I need to know numbers, he is an investor… thanks

Can somebody make a calculating and is the 500gh butterfly lab miner the best option? thanks a lot!
This one would be a good calculator: http://mining.thegenesisblock.com/
And i placed in some calculation. It is expected never to ROI. (At the worst scenario)
nice calculator . too bad it will not work on my system for some reason . Will not even load most of the page in IE .
well it does work as long as do not change any values like the cost that it has thousands of dollars too high . How ever that is not too much of a problem .  I am guessing that this calculator is based on solo mining ? It shows 400GH/s hashfast not making but 7 bucks a month by Nov .
 All other calculators show it making thousands even at 3 billion difficulty . Someone is wrong

something else I noticed that does not look right . Monthly revenue in 14,600 Monthly profit  14500 . How can you profit that much when you have not broke even yet ? It would be 14600 minus equipment costs

you know you are really suck at reading numbers!
let me try to explain you something!
I have BFL 3x60Gh miners and if I had them, let's say July or August I would make a small fortune with them till now! from tomorrow diff will be around 1.2 billions and I will make with them around 1btc in 15 days! difficulty will kill you! lifetime of miners is shorter and shorter with each batch and with each day! by the time your hashfast miner arrive it will not be so powerful and would not make you some serious money unless bitcoin value jumps over 2000-3000 dollars! believe or not it will barely make you ROI.
and yes!!!!!! by November, even sooner diff will be so high that your "super fast" hashfast baby jet miner will earn you $7 a month! but don't worry, you will power it off long before that because it will start consuming more power that it will earn in bitcoins sooner that you think!
welcome to the world of bitcoin and difficulty!