Quote from: cryptomatt on May 07, 2014, 04:58:45 PM

Quote from: joeventura on May 07, 2014, 04:09:25 PM

here is a calculator showing straight up 5Mh on DOGE

My math shows 4.6 months to break even

$950 divided by $204

DOGE difficulty is falling not rising, so even if it were to double still would break even.

(oh and the number I quoted was my mining 15mh so I forgot to divide by 3 for the 5mh example, in any case it still becomes profitable)

Ok so there are a couple things wrong here. First you are linearly extrapolating that calculator. Ie. $204 each month for the next 4.6 months. That's not a correct way to use a mining calculator. For example, there will be a lot more hashing power coming online over 4.6 months that will increase the difficulty. Zeusminer, for example, is saying they will start delivering some serious hashing this month (if they actually come through).

You also reference doge and the block reward is next scheduled to halve in ~60 days so 4 month profitability isn't going to be constant. The price would have to double.

And based on your detailed analysis (the part where YOU do some math) the correct answer is what???