Guess who looks like an idiot? Here's a clue, take a look in a mirror.
How's your ASIC doing?
Well, since they're into August's pre-orders, it looks all set to be shipped to me by the end of July, just like I anticipated when I made my order in April.
Any expectations on how the thing will do in regards of ROI? Yesterday evening a Jalapeno still represented about 0,0038% of the network, but with what we know what they've still got in their order books this percentage is going to be Satoshi-sized pretty damn fast.
I'll make the following assumptions:
- I start mining at the very start of a new difficulty round.
- The starting difficulty is based on a network hashrate of 500 Th/s.
- The network hash rate increases by 100 TH/s each new difficulty round.
This gives us the following data for a 5 Gh/s device:
Network Hash Rate = 500 Th/s, Difficulty = 69849193.0961609, BTC/round = 0.50475000
Network Hash Rate = 600 Th/s, Difficulty = 83819031.7153931, BTC/round = 0.42062500
Network Hash Rate = 700 Th/s, Difficulty = 97788870.3346252, BTC/round = 0.36053571
Network Hash Rate = 800 Th/s, Difficulty = 111758708.953857, BTC/round = 0.31546875
Network Hash Rate = 900 Th/s, Difficulty = 125728547.57309, BTC/round = 0.28041667
Network Hash Rate = 1000 Th/s, Difficulty = 139698386.192322, BTC/round = 0.25237500
That gives a total of 2.13417113 BTC for the 6 difficulty rounds. Since I ordered in April when BTC was at it's high, I'll recoup the cost for the device and make a profit after 4 rounds.
With the network hash rate at 1900 Th/s, I'd be making about the same as what I get now from my 300 Mh/s, which is still profitable.
