That's almost $500 for my 4 shares
If we mined until no longer profitable would we get closer to ROI?
please do not think it is possible for btc roi. but we did make fiat roi.
we are down .25 btc a share. here is the no sale math
feb 1 we earned - .030
feb 15 we may earn- . 025
march 1 we may earn .020
march 15 we may earn .015
apr 1 we may earn .012
this adds up to .102 by apr 1st 2 full months from now. no fees were used to get that number. 2 months is a long time in btc.
I am not trying to be doom an gloom and I do want each to vote what they want to do. Philip's numbers have pretty much been bang on. This time he may not be able to predict very well because of coming difficulty increases between now and April 1.
Look at the hashrate that has hit the network in the last couple of days. http://bitcoinwisdom.com/bitcoin/difficulty
Philips numbers may still be close but a lot of larger machines are entering the market place for the consumer and the industrial miner.
those figures I used represent the best numbers possible. more then likely this round would earn the .1btc a share on may 1 not april 1. I rahter have the .1btc a share today.
If round 17 was all good I would be fuck it let this ride. but round 17 has a major problem. A problem large enough to possibly result in the end of the coop.
If black arrow goes poof the coop is really hurting. If black arrow send us hash power may 31 the coop may live. I want the .5 btc my 5 shares would get me.
Philip,
I hope you did not take offense to the way I wrote that. Your math and analytic skills are impeccable. I respect all you have calculated for us and greatly appreciate it. You have let me be a lot lazier.
I just wanted to point out that spike in hashrate, that kind of surprised me. I believe it will be starts and spurts like this for some time now.
Regards,
M
the full explanation can just take a real long time and fill up way too much space.
We are all a bunch of blind men trying to make some sense of this rather large elephant.
My take is if 17 was great if r9 -12 never had hash short fall if 15 + 16 had not a problem with the move. if 5 + 6 had not stopped on and off with hash rate we might all be inclined to let r9-12 ride so to speak.
Well all of the above has been a problem So I do not want to let r9-r12 hash. The realistic max of earned btc by april 1- may1 is about .1btc selling the gear may 1 will not be a lot of coin for us. It is worth more now.
If you think btc will jump just hold onto the buyout money.