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Topic: 600 GH/s how long is it good for? (Read 4383 times)

newbie
Activity: 27
Merit: 0
February 13, 2014, 08:12:07 AM
#33
hero member
Activity: 518
Merit: 500
December 27, 2013, 10:14:40 PM
#32
600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.

With difficulty doubling monthly, "a little every week" is a bit ... little Wink
legendary
Activity: 1638
Merit: 1001
December 27, 2013, 12:01:58 AM
#31
Joe 600Gh/s Miner, father of Timmy and Sally 600G.
hero member
Activity: 518
Merit: 500
December 26, 2013, 09:51:40 PM
#30
Quote
Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 

Who is Joe 600G can I ask?
hero member
Activity: 702
Merit: 500
December 26, 2013, 10:27:46 AM
#29
600 GH/s will mine 0.225 BTC per day, right now... and will of course drop a little every week as difficulty increases.
hero member
Activity: 518
Merit: 500
December 24, 2013, 10:25:15 AM
#28
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH


ASI Chip manufacturers will just produce more chips. Think "efficiency", that is what counts.
legendary
Activity: 1638
Merit: 1001
December 24, 2013, 09:56:44 AM
#27
Quote
Talking about J/GH introduces another variable... BTC:USD price.. since power energy is billed in $.

Power is too, but that's not what's being discussed.  Data centers pay demand charges, but Joe 600G doesn't. 
legendary
Activity: 1638
Merit: 1001
December 24, 2013, 09:46:29 AM
#26
Quote
I've been looking around to see what $5000 can get me that will be relevant for the next six months.

About seven BTC, then hodl.
sr. member
Activity: 322
Merit: 250
Supersonic
December 24, 2013, 07:32:20 AM
#25
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

Talking about J/GH introduces another variable... BTC:USD price.. since power is billed in $. If BTC price suddenly for no apparent reason becomes $100000/BTC ... then i guess even mining on CPU would be cost effective in terms of J/GH
hero member
Activity: 518
Merit: 500
December 24, 2013, 05:46:14 AM
#24
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.

I would agree, but so many people claim to have free electricity through various means .........
staff
Activity: 4242
Merit: 8672
December 24, 2013, 03:51:18 AM
#23
FWIW, the question in the topic is confused.  The question shouldn't be "600 GH/s how long is it good for?" it should be "0.6J/GH how long is it good for?" since absolute hashrate has nothing at all to do with hour long you can usefully mine with it, but power consumption sure does. Any answer on the lifetime will ultimately be mostly conjecture, but at least its a sensible question once framed in terms of power.
legendary
Activity: 1050
Merit: 1000
December 24, 2013, 12:21:03 AM
#22
BFL.. Pay now, Get product... erm, maybe
newbie
Activity: 28
Merit: 0
December 23, 2013, 11:57:30 PM
#21
I wouldn't too much stock into the timeline of yours when you're putting your chips in BFL's court...
hero member
Activity: 518
Merit: 500
December 23, 2013, 11:40:28 PM
#20
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?

www.cryptomine.dk

leasing mining hardware op til 2 TH/s starts 1Q 2014.

I think the OP wants hardware now , now pre-order
sr. member
Activity: 546
Merit: 255
December 23, 2013, 08:11:41 PM
#19
What language is that?
newbie
Activity: 27
Merit: 0
December 23, 2013, 07:09:24 PM
#18
Hellow everyone. I am planning on preordering the butterfly labs 600 gh/s card that is shipping some time in February. I wanted to know how long that machine would be relevant and if there was a way to calculate the break even point. In short is it worth the investment eventhough it will be arriving next year?

www.cryptomine.dk

leasing mining hardware op til 2 TH/s starts 1Q 2014.
hero member
Activity: 792
Merit: 1000
Bite me
sr. member
Activity: 349
Merit: 250
“Blockchain Just Entered The Real World”
December 23, 2013, 09:27:14 AM
#16
Edwin Starr
hero member
Activity: 518
Merit: 500
December 23, 2013, 07:10:03 AM
#15
600 GH/s....  Heurgh!
how long is it good for?
....Absolutely Nothing!


(Bruce Spriengstein)

Wasn't that Frankies Goes To Hollywood ... War ?
hero member
Activity: 784
Merit: 502
December 23, 2013, 04:25:10 AM
#14
600 GH/s....  Heurgh!
how long is it good for?
....Absolutely Nothing!


(Bruce Spriengstein)
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