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Re: www.lunamine.com - 0.0025 BTC/GHs mining contracts | On-demand withdrawals
by
lunamine
on 21/07/2014, 13:41:41 UTC
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

A week ago I calculated this years average difficulty increase and it was 18%. Anyway, we are almost ready to lower the maintenance fee to about $0.002 - $0.0025 per day per GH/s depending on a few variables. This should have a noticeably positive effect on ROI. These changes will also be effective for all contracts, regardless of date of purchase.