Quote from: Sonny on February 02, 2014, 07:35:34 AM

Quote from: atc1 on February 02, 2014, 05:56:52 AM

Quote from: BeepBeep2 on February 02, 2014, 05:50:47 AM

Quote from: atc1 on February 02, 2014, 04:47:35 AM

Quote from: Xyver on February 02, 2014, 03:23:26 AM

Quote from: atc1 on February 01, 2014, 10:44:29 AM

Quote from: Sonny on February 01, 2014, 10:09:22 AM

Quote from: atc1 on February 01, 2014, 10:00:23 AM

Why the last one ever? If you have that big a hashrate,your earnings won't be going anywhere.

As difficulty goes up, the revenue (bitcoin mined) will go down.
Eventually, the revenue will not be enough for OP to pay the rent Tongue

That was my point. With him having a large enough hashrate to pay his rent,the difficulty increment can't possibly affect his earnings in a substantial way.

Unless of course, you mean that he makes (for example) 10 000 a month mining, and only needs to pay 1 000 rent. Then an increase of 15% difficulty would only lower earnings to 8 500, still enough to pay the 1 000 rent.

That's what I meant. Sure,it's substantial,but my point was that his rent can still be paid.

If his rent is $1,000, then "enough to pay my rent" could be, say, $1,050. Difficulty goes up 20%, becomes $800.
Is that not clear? He also says "and possibly for the last month ever"...

Come on.

Gah! Alright,alright,you win! I was just stating one of the many myriad possibilities of OP's rent paying scheme. Tongue

lol

Just to clear this up

Mining with a constant hashrate it seems like each month brings in about 50-60% compared to the previous month. In late November I got a lot of new equipment, so I knew December would be good, and it turned out to cover my rent with a big margin. This happened again in January but just barely, so it seems reasonable to expect February to fall under the line.

However, if there is a big enough price spike then I could get lucky again - also if I decide to buy new equipment of course.