Hi. I just bought 4 10-packs of 2nd generation pre-shares, so I now own 40 2nd gen pre-shares.
According to Chris' data here: https://ltcgear.com/wp-content/uploads/2014/12/reward_2nd.png each 2nd gen share is likely to generate 0.006 BTC/day.
In other words, my 40 shares should yield about 7.2 BTC/month, which is ROI in less than 2 weeks based on my 3.08 BTC purchase price!
Or am I missing something...?
According to Chris' data here: https://ltcgear.com/wp-content/uploads/2014/12/reward_2nd.png each 2nd gen share is likely to generate 0.006 BTC/day.
In other words, my 40 shares should yield about 7.2 BTC/month, which is ROI in less than 2 weeks based on my 3.08 BTC purchase price!
Or am I missing something...?
are you sure? is it BTC/Share?
Y axis in graph is not specified so it isn't clear if it's btc/share. Even if it is, numbers are based on these 2nd shares up and running which won't happen until around January.
Chris' caption states "heres the real data of last 7 days for one second gen unit". He says the figures refer to ONE unit...
I did some further calculations....
Chris states that ONE 2nd gen shares yields the equivalent of 3000 Khs on Scrypt algorithm. Then, looking at its graph, one such share seems to generate roughly 0.0005 BTC/day if mining LTC. This makes sense to me, based on 3000 Khs, right? If my reasoning is correct, his graph indeed shows the performance of ONE 2nd gen share....then ROI is astonishing!