The time frame is "How long at this difficulty do you want to calculate mining income". I usually do a month to get a rough idea, but in reality, the best place to go is mining.thegenesisblock.com. That way you can put in all your factors, like cost of hardware, pool fees, cost of electric, etc and see just how much you can possibly make during a given time frame, when you'll break even, and when you'll start losing money: Here's a link for 600 GH/s (assuming Monarch and delivery in a few months)...
http://thegenesisblock.com/mining/a/cb33e1402d <-- assumes no change in value of BTC
http://thegenesisblock.com/mining/a/766d922c65 <-- 5% monthly increase in value of BTC
Thx, will chck that out but FWIW, it's Black Arrow. Just got this bit if shit news with a slightly neat twist.
Dear XXX,
We have to inform you that our schedule to manufacture and assemble the system has been disrupted and we are unable to make delivery of the Batch 1 Minion ASIC chip on the initial scheduled date (end of February). We are now expecting to dispatch all Batch 1 orders on 1st of May 2014.
Please be re-assured we are confident that we have tried our best to accomplish our initial ambitious targets. However, we came to the conclusion that it is in the best interest of our customers to delay shipping in order to ensure that the product provides the best-possible user experience.
Without this delay we would have achieved 1.5W/Ghash which would have meant that our chip would not have been competitive at all.
We have now finalized the design process using our newly improved code and will start manufacturing the chip (tape out) in the next few days.
We are happy to announce that Black Arrow Software’s products remain on target for being the best in their class for power consumption. We confirm that our latest improved design has the following technical specifications:
·0.75w/Ghash on TT corner @ 25C which is expected to run at 120Ghash/sec.
·SS corner will be 0.6w/ghash and will run at 100Ghash.
·A further underclocking and underpower should be possible and should yield 80Ghash @ 0.5W/ghash. However, please note that this is not guaranteed to work stable.
Please note, that a further push for improvement in the optimization process would have guaranteed further delays for at least 1-2 months.
It is no secret to us that the Bitcoin mining process is proving to be more and more difficult every day. To compensate our loyal customer for the unforeseen delay of in delivering our miners for batch 1, we are happy to offer free extra hashing power which consists of 25% of your purchased hashing power from our Rent-Some-Minions cloud program for 4 months.
The account for the tape-out has been settled in full and we are confident that the delivery will be completed shortly.
We are taking all the necessary measures and positive actions to expedite delivery to you as soon possible and we are confident that we have the resources to be successful.
Please note:
·We estimate that the delivery for the Batch1 will coincide with the delivery of the Batch2
·The delivery of Batch2 remains unchanged
·The one-off offer presented above is open to the customers who placed orders for Batch1
Sincerely,
The Black Arrow Software Team
So instead of a early March delivery, it's now suspected to be May... so that only screws me even more. Either way my cost was low so I should still be able o break even anywhere from 2-4 months if the May delivery holds up then its just a matter of thee electricity which righ now is $0.09kWh.
I do however like the idea of 150Gh/s for four months free. I did send a tikect though asking if I could opt for another X1 instead since the cost to them would actually be lower and benefit me in he long run.
150Gh for four months compard to 100Gh forever.
So if nothing else I mine at 750Gh for four months then drop to the 600 I will get out of the 6 X1's I ordered.
No Conversion Increase:
http://thegenesisblock.com/mining/a/6474ed115eW/ Conversion Increase:
http://thegenesisblock.com/mining/a/4df1cc0cafThat just figures in the 600 with a may start date, it basically says I'll never break even lol, same even if I usee the free 150 I'm supposed to get for four months.
Now if by some stroke of luck they sill do a late feb shipment, it says I'll break even in 100 days.
Edit: Then there's this calc that shows waaaaaaay diff shit, least in regards to what an be earned per day, months etc.
http://bitcoinminingcalculator.org/index.php?ghs=600&diff=2193847870.17&cdiff=2193847870.17&fee=3
. 