Currently ASIC hardware efficiency is around 1w per GH/s, things like Terraminers much worse anyway so anyway 1w per GH/s... 1000GH/s = 1TH/s at PB's current price around $2000 ($2 per GH/s)...
1w per GH/s for how long?
If it is 1w per GH/s and 1w is .001 kwh at .10 = .0001 per GH/s in electricity costs?
1000GH/s = 1000w x 87600hours (10years) = 87600 kwh x .10 = $876 / 1000 = .876cents per GH/s for electricity.
Also, cloudhashing is going to be selling contracts at $1.99 per GH/s starting aug 1. Are you saying that doesn't even cover the electricity for the year of the contract?
1w per GH/s for how long? Doesn't make sense as a reply question... we know how long it's supposed to be 5 year contracts, why are you talking about 10years ?
1w per GH/s is the efficiency of the hardware, 1w of electricity per GH/s...
Sooooo 1000GH/s uses 1000w (1Kw)... 1TH/s would use 1KW
1Kw at $0.10 per Kwh (Washington price) run for 5 years is over $4000 FACT.FOR ELECTRICITY ALONE. There is no such thing as free data centers and hardware to go along with that.
It should be called PB mysterious payouts not 'mining' because they are not. Maths is quite well respected it's running the computer your reading this on and it clearly proves the utter impossibility to mine for 5 years with no further fees at $2 per GH/s.
This assumes your per GH/s wattage is correct. I have no idea about that.
I also know that Cloudhasing is going to start charging the same price. $1.99 per GH/s. Granted it is for 1 year, but still from your info not enough to pay the electricity. Are you saying they aren't mining either?
Of course, there are places with cheaper electric in the world than the US. For example, in Kuait electricty is about .01cent per Kwh. In egypt it's pretty cheap too.