Hi, I have 10 shares in the R12 and like how the ops roll. Small request to anyone really: If I were to buy say 50 shares in this R17, how will the genesis block calculations look? Could someone give me a corrected calc please, as opposed to this.
It estimates a 130% monthly diff rise, mining start in 03/14, btc@900US$/coin, 5% expenses. The returns turn over to red.
http://mining.thegenesisblock.com/a/5fcbb20c59What is the most prominent assumption of the mining landscape at that time?
Thanks
*edit, what calcs are the ops using? Someone like Good Guy Bob or Thomas, for instance.
it's looking at the crystal ball to know the - nearly - exact numbers in 2014-03
but the difficulty-rise of monthly 130 % is in my opinion 230 %
-> diff 2014-04/diff 2014-03
-> 38383/16761 = 2.29 (~230 %)
this monthly 230-%-diff-rise seems a bit too high for the estimates of diff - but who does it really know
so the profitable mining-future depends on the buyable capacity of asic-rigs, the rig-price in USD, the mining-diff and the BTC/USD-rate
the problem now is, we are at the end of 2013-11 - the asic-rigs are rare - BTC/USD-rate in near all-time-high
you have to take the investment-decision, do it or leave it