Average mining ROI | Bitcointalksearch.org

notlist3d

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Quote from: jonnybravo0311 on August 18, 2015, 04:23:35 PM

You couldn't buy the new Radeons, and resellers who did manage to get them in stock jacked up the price to double and triple the price AMD listed. You only got those nice ROI figures if you happened to jump on a card early enough to get them at an acceptable price. Same thing happened with ASIC hardware. If you were one of the lucky few that managed to get into them early (and didn't purchase the BFL vaporware) you mined a ton of coin, and potentially made a fortune selling them at $1000 a whack at the end of 2013.

Now it's not so much a magic internet money printing machine Tongue

Even if you got in during middle of jacked up prices you did ok. Only people who got screwed was last people to buy at jacked up price.

I know I bought some during the high rate and I ROI'ed. I had some from cheaper rates though to. And at end ebay really did help. Was amazing getting all the money out of selling them. I wish asics had a secondary market like GPU's had gamers.

jonnybravo0311

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Mine at Jonny's Pool

You couldn't buy the new Radeons, and resellers who did manage to get them in stock jacked up the price to double and triple the price AMD listed. You only got those nice ROI figures if you happened to jump on a card early enough to get them at an acceptable price. Same thing happened with ASIC hardware. If you were one of the lucky few that managed to get into them early (and didn't purchase the BFL vaporware) you mined a ton of coin, and potentially made a fortune selling them at $1000 a whack at the end of 2013.

Now it's not so much a magic internet money printing machine Tongue

notlist3d

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Quote from: philipma1957 on August 17, 2015, 08:30:50 PM

Quote from: everaja on August 17, 2015, 07:59:05 PM

ROI rate may vary as the Price may change/vary from the time you calculated the ROI.
In BTC we are much dependent on the rate rather than coins.
In 2013 the price was somewhere 1000$ per BTC means 0.1BTC can buy you much stuffs and was much effective at that time.

I corrected your error 2003 should read 2013 as BTC was invented in 2009

And it sure has changed. I got into it in the GPU day's. I can remember the 30 and 90 day ROI's. How do I miss those ROI's.

GPU's even were jacked up on price so many miners were buying. Was crazy day's back then.

everaja

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Quote from: philipma1957 on August 17, 2015, 08:30:50 PM

I corrected your error 2003 should read 2013 as BTC was invented in 2009

Yeah that was a Typo , Assumption:I bought cloud mining for 0.2 btc in 2013 and got much-much hashing power that i would get now 2015, so again it indicates what we are much considered is Value not in counting numbers.

philipma1957

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Quote from: everaja on August 17, 2015, 07:59:05 PM

ROI rate may vary as the Price may change/vary from the time you calculated the ROI.
In BTC we are much dependent on the rate rather than coins.
In 2013 the price was somewhere 1000$ per BTC means 0.1BTC can buy you much stuffs and was much effective at that time.

I corrected your error 2003 should read 2013 as BTC was invented in 2009

everaja

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~ScapeGoat~

ROI rate may vary as the Price may change/vary from the time you calculated the ROI.
In BTC we are much dependent on the rate rather than coins.
In ~~2003~~ edit: 2013 the price was somewhere 1000$ per BTC means 0.1BTC can buy you much stuffs and was much effective at that time.

philipma1957

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Quote from: Blawpaw on August 17, 2015, 05:56:07 PM

Well your math seems to be accurate. however you just forgot a very important detail. The Halving. so, considering bitcoin mining rewards will drop to half if someone starts mining at this point, the possible outcome would be to never reach ROI...

The halving is June July or August 2016

Most likely July 2016

guitarplinker

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Quote from: unholycactus on August 17, 2015, 06:04:42 PM

Quote from: Blawpaw on August 17, 2015, 05:56:07 PM

Well your math seems to be accurate. however you just forgot a very important detail. The Halving. so, considering bitcoin mining rewards will drop to half if someone starts mining at this point, the possible outcome would be to never reach ROI...

Isn't 200 days too soon for halving? He'll reach ROI one or two months before the reward change.

200 days is indeed too soon for the halving. It should happen almost a year from now, according to this website. So OP should be able to make a full ROI on his gear (if the calculators are fairly accurate in predicting difficulty changes).

unholycactus

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Quote from: Blawpaw on August 17, 2015, 05:56:07 PM

Well your math seems to be accurate. however you just forgot a very important detail. The Halving. so, considering bitcoin mining rewards will drop to half if someone starts mining at this point, the possible outcome would be to never reach ROI...

Isn't 200 days too soon for halving? He'll reach ROI one or two months before the reward change.

Blawpaw

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Well your math seems to be accurate. however you just forgot a very important detail. The Halving. so, considering bitcoin mining rewards will drop to half if someone starts mining at this point, the possible outcome would be to never reach ROI...

notlist3d

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Quote from: Hollow2285 on August 17, 2015, 01:15:13 AM

What is average mining ROI? I calculated that it's around 200 days with electricity included. With Antminer S5+ https://bitmaintech.com/productDetail.htm?pid=0002015081407532655504JMKzsM067B
It's 180 days.

It varies greatly no one can say for sure that far away. Also there are so many individual variable such as electricity, that will effect it.

Some things such as difficulty will effect it but you cant tell what it will be 200 day's later. I would use bitwisdom on trying to calculate ROI, it is one of my favorites.

Hollow2285

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What is average mining ROI? I calculated that it's around 200 days with electricity included. With Antminer S5+ https://bitmaintech.com/productDetail.htm?pid=0002015081407532655504JMKzsM067B
It's 180 days.

Topic: Average mining ROI (Read 1172 times)