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Showing 2 of 2 results by DonUber
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Board Beginners & Help
Re: Profit next year?
by
DonUber
on 17/08/2011, 07:13:47 UTC
depends on the economics of bitcoin market at that time. While you may mine less, demand for bitcoin may (hypothetically) increase so it may be valued more due to increase difficulty of mining. Overall, you shouldn't look only at how much Bitcoin you mine because the economy (real money and bitcoin) is more complex.

Ok, tnx for your answer, so the smartest thing to do, is to see how many the BitCoin is worth next year and then recalculate everything to see whether it gives profit.
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Board Beginners & Help
Topic OP
Profit next year?
by
DonUber
on 17/08/2011, 06:47:37 UTC
Hello, I am new to the BitCoin World, I have setup a simple miner with one HD6950 that runs on a hashrate of 380 Mhash/s

As you know the value of each block will be decreased to 25 BTC.

So my question is, will you then earn half the money with the same hashrate?  Huh