BitcoinX Mining Profit Calculator | Bitcointalksearch.org

phelix

legendary

Activity: 1708

Merit: 1019

Quote from: crazyates on March 08, 2013, 02:36:04 AM

Quote from: cdog on February 25, 2013, 05:05:32 PM

Im trying to do some calculations, but I dont see how I can account for the total network hashrate here? I can crank the difficulty up, but I dont think thats telling the whole story... or is it?

Pretty much. You want to simulate a network that is twice the hashrate of today? Double the difficulty. Want a network that is 10x? multiply the difficulty by 10x. 100x = 100x. They're closely related. You get the idea.

100 sounds reasonable Grin

NEO2012

full member

Activity: 162

Merit: 100

Quote from: Dalkore on March 08, 2013, 02:50:34 AM

Quote from: NEO2012 on March 07, 2013, 04:15:21 PM

Quote from: cdog on February 25, 2013, 05:05:32 PM

Im trying to do some calculations, but I dont see how I can account for the total network hashrate here? I can crank the difficulty up, but I dont think thats telling the whole story... or is it?

Also, the profitability decline per year doesnt seem to work, or am I using it wrong?

Can anyone help me out get some accurate numbers? I just want to see if even in a worst case scenario, I can break even on BFL machine in 1 year if bitcoins stay above $20 each.

Thanks

IF U ordered from bfl and didnt doit in june 2012

ur profitability has been gang banged

and bukaked

for all intensive purposes

Basically. I am glad I canceled when they were given the exact amount of coins back not their exchange rate. Dodged a bullet.

owsome bullet dodger u are true jedi like neo from the matrix:)

Dalkore

legendary

Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

Quote from: NEO2012 on March 07, 2013, 04:15:21 PM

Quote from: cdog on February 25, 2013, 05:05:32 PM

Im trying to do some calculations, but I dont see how I can account for the total network hashrate here? I can crank the difficulty up, but I dont think thats telling the whole story... or is it?

Also, the profitability decline per year doesnt seem to work, or am I using it wrong?

Can anyone help me out get some accurate numbers? I just want to see if even in a worst case scenario, I can break even on BFL machine in 1 year if bitcoins stay above $20 each.

Thanks

IF U ordered from bfl and didnt doit in june 2012

ur profitability has been gang banged

and bukaked

for all intensive purposes

Basically. I am glad I canceled when they were given the exact amount of coins back not their exchange rate. Dodged a bullet.

crazyates

legendary

Activity: 952

Merit: 1000

Quote from: cdog on February 25, 2013, 05:05:32 PM

Im trying to do some calculations, but I dont see how I can account for the total network hashrate here? I can crank the difficulty up, but I dont think thats telling the whole story... or is it?

Pretty much. You want to simulate a network that is twice the hashrate of today? Double the difficulty. Want a network that is 10x? multiply the difficulty by 10x. 100x = 100x. They're closely related. You get the idea.

JWU42

legendary

Activity: 1666

Merit: 1000

Quote from: NEO2012 on March 07, 2013, 04:15:21 PM

and bukaked

for all intensive purposes

Two things...

1. It is bukkaked
2. "For all intents and purposes"

NEO2012

full member

Activity: 162

Merit: 100

Quote from: cdog on February 25, 2013, 05:05:32 PM

Im trying to do some calculations, but I dont see how I can account for the total network hashrate here? I can crank the difficulty up, but I dont think thats telling the whole story... or is it?

Also, the profitability decline per year doesnt seem to work, or am I using it wrong?

Can anyone help me out get some accurate numbers? I just want to see if even in a worst case scenario, I can break even on BFL machine in 1 year if bitcoins stay above $20 each.

Thanks

IF U ordered from bfl and didnt doit in june 2012

ur profitability has been gang banged

and bukaked

for all intensive purposes

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: cdog on February 25, 2013, 05:05:32 PM

I can crank the difficulty up, but I dont think thats telling the whole story... or is it?

Yes, your proceeds in BTCs will pretty much correlate directly to your hashing level versus difficulty during each adjustment period in the future.

Since those levels aren't known yet nor is there any real way to guesstimate them, you are left with purely speculating as to how much capacity will be coming online.

tHash

sr. member

Activity: 260

Merit: 250

There are 3600 BTC mined each day. Just figure your percentage of the expected network speed, and you will have your answer.

So, 60Gh/s for a BFL single would be about 0.0086% of an expected 700Th/s.
0.0086% of 3600 is about .31 BTC per day.

The other thing to consider is that the network will continue to increase rapidly after 700Th/s.
Maybe it will be double that in a year. Very hard to guess.

cdog

hero member

Activity: 1036

Merit: 500

Im trying to do some calculations, but I dont see how I can account for the total network hashrate here? I can crank the difficulty up, but I dont think thats telling the whole story... or is it?

Also, the profitability decline per year doesnt seem to work, or am I using it wrong?

Can anyone help me out get some accurate numbers? I just want to see if even in a worst case scenario, I can break even on BFL machine in 1 year if bitcoins stay above $20 each.

Thanks

Topic: BitcoinX Mining Profit Calculator (Read 2766 times)