Quote from: twentyseventy on February 03, 2014, 03:29:28 AM

Quote from: kslaughter on February 03, 2014, 01:43:17 AM

Profit Projections On Our 55nm Deployment

Hey guys, you're all missing the biggest issue with this calculation - it has a 10% conversion rate (USD/BTC) increase per MONTH built in. Remove that and you'll make a whopping $2000 on your $1.3M investment.

You CANNOT allow for an increase in the conversion rate to be factored into mining profitability, as you can simply hold the equivalent in BTC and see the same USD-denominated increase.

I am seeing $1.3M profit by August, not $2000. http://thegenesisblock.com/mining/a/d9a917bb39

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