Post
Topic
Board Announcements (Altcoins)
Re: /AIRcoin - Professional Investment, No Fees, Rising Exchange Rate
by
ISAWHIM
on 24/02/2014, 02:51:37 UTC
Got 2 solid connections now.

Coin is running perfect.

With my smaller work-load size, of 64*, this is my results.

Difficulty: (16.4K) 0.250244140625
Blocks: 70 accepted
Time: 9 Hrs
Hash/Pow: 3 MHs / 1200 Wh (1.2KWh)
Acc/Rej: 70/15 = 85 [17% rejects] * Due to small workload, rejects may be higher than yours
Coins: 260.40

Daily estimate: 694.40 Per day @ 3 MHs = (231.46666/MHs/Day)
Electric cost: $5.00 per day

Estimated "bottom dollar" cost per coin, at the moment: $0.0072004608294931 USD/AIR
Estimated "bottom dollar" coins per dollar, at the moment: 138.88 AIR/USD

Estimates would imply that I only made $5.00 per day mining, to cover electric costs only, at my local rates and at my estimated power consumption of my rig. That is not the trade-value I would expect/hope to get in the future. That is only the "bottom dollar", which is needed in value, to make the coin equal to zero-value. As opposed to being negative OROI (Operating Return On Investment).

Similar coin rewards of this yield, would expect to return $18.00 to $10.00 per day, at 3 MHs, after the $5.00 electric cost has been removed. ($23.00 to $15.00 if electricity was free.)

Figured this might help to determine some reasonable starting value.

Not sure how accurate those estimates are... Since it takes 24-hrs for the coin to adjust to actual workload/yield. Might be getting more than expected, or way less than expected.