Re: www.lunamine.com - 0.0025 BTC/GHs mining contracts

I was posting on the different thread about this - can someone figure out exactly what the current breakeven rate is? I mean, if I buy a standard 100 gh/s contract, will I at least break even if the price of BTC stays the same as now? and how long will it take? I found a calculator that shows how much I can expect to get in revenue but how do your fees factor into that? Thanks.

Edit: I do see it says lifetime validity but me, as a newb, did not understand what that meant until I came looking at this thread.

Break-even is if the difficulty increase every 2016 block (difficulty change) is less than 17.25% Wink

Do you mean if I pay $100 for the 10 ghs I will break even if the next increase is less than 17.25 percent?

You will break even if the average increase until you break even is less than 17.25%

Last increase was only 3% but this next will probably be around 17%. (my guess)

difficulty increases have been averaging around 20-25% over the past several months with only the last one anywhere below that range. I haven't seen any other evidence of the rate difficulty increases will decrease

I think this chart is the best indicator of where the difficulty is going. It shows the network growth in percentage per day. The important part is that you can see we are a little over 1%/day now. This is an obvious downward trend because we're over the initial ASIC wave. I expect this to continue to taper down until it falls in line with Moore's law where it should stabilize.

http://bitcoin.sipa.be/growth.png