Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382

I am not arguing with you but, @ 500GHs these units will net you $18/day and assuming another 25% diff increase $14/day. After that, assuming continued 25% diff increases (which I do not expect) it would get very ugly.

No they wont, at current 504GH/s will only gross $11.01/day that's assuming zero power cost and zero pool fees! Net of course is substantially less than that.

I will semi-agree to disagree. My calculations do not take into account power costs or pool fees (use http://eligius.st/ if worried about pool fees). I am pretty confident that my math is on track my friend.

Well you're wrong.

https://www.alloscomp.com/bitcoin/calculator

Your current earnings if you had an S3 hashing this very moment is $11.00 per day. And in 2 days it will be $8.80 less power cost. And that's assuming that your pool of choice has 100% luck and the price of BTC doesn't change.

My bad xstr8guy. 500 Ghs will get you $11/day today. Assuming continued 25% increase that means $5.75/day in August. Ugh.

Yes, it's pretty damned dismal. I'm done buying any new miners unless there is some massive breakthrough in ASIC development. I'm just hashing with what I have and watching my earnings decline every adjustment. I couldn't add another watt to my circuits anyways. But I can't help but window-shop and wish.