End of industrial mining profitability at 246128630902 difficulty =897% increase - page 2.

Wexlike

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Quote from: jonnybravo0311 on September 02, 2014, 11:07:15 AM

Quote from: Wexlike on September 02, 2014, 10:59:20 AM

I found this: http://www.cryptocoinsnews.com/news/review-antminer-s3-450-ghs-bitcoin-asic-miner-bitmain/2014/07/25

It states 366 watt at the wall.

And they're incorrect. Bitmain's officially listed specs are 441GH/s at 340W from the wall. Initially announced specs were 504GH/s at 390W, which were reduced to 478GH/s at 366W and finally when the product was released it was 441GH/s at 340W. The new S3+ is 453GH/s at 355W.

Alright, that makes the S3+ profitable for one more adjustment.

jonnybravo0311

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Quote from: Wexlike on September 02, 2014, 10:59:20 AM

I found this: http://www.cryptocoinsnews.com/news/review-antminer-s3-450-ghs-bitcoin-asic-miner-bitmain/2014/07/25

It states 366 watt at the wall.

And they're incorrect. Bitmain's officially listed specs are 441GH/s at 340W from the wall. Initially announced specs were 504GH/s at 390W, which were reduced to 478GH/s at 366W and finally when the product was released it was 441GH/s at 340W. The new S3+ is 453GH/s at 355W.

Wexlike

legendary

Activity: 1473

Merit: 1086

I found this: http://www.cryptocoinsnews.com/news/review-antminer-s3-450-ghs-bitcoin-asic-miner-bitmain/2014/07/25

It states 366 watt at the wall.

jonnybravo0311

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Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: Wexlike on September 02, 2014, 10:37:05 AM

At the current price per coin with a "conservative" 10 % hashrate increase per adjustment, we will reach this point in (23*2)*0.9=41.4 weeks.

That is a 897% increase of the current difficulty. Quite interesting informations if you think about the future nethash and the future of bitcoin mining.

I made the calculation based on a antminer s3 and a 440gh/366watt ratio running with 5 cent/kw. I think this is one of the lowest electricity prices possible.

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=440.00&p=366.00&pc=0.05&pf=0.00&d=246128630902.25800000&r=25.00000000&er=487.15000000&hc=0.00

The question is, how much more efficient future miners will be ?

Difficulty   Adjustment
27428630902.00   0
30171493992.20   1
33188643391.42   2
36507507730.56   3
40158258503.62   4
44174084353.98   5
48591492789.38   6
53450642068.32   7
58795706275.15   8
64675276902.66   9
71142804592.93   10
78257085052.22   11
86082793557.44   12
94691072913.19   13
104160180204.51   14
114576198224.96   15
126033818047.45   16
138637199852.20   17
152500919837.42   18
167751011821.16   19
184526113003.28   20
202978724303.60   21
223276596733.96   22
245604256407.36   23

S3 is 440GH/s at 340W.

Wexlike

legendary

Activity: 1473

Merit: 1086

At the current price per coin with a "conservative" 10 % hashrate increase per adjustment, we will reach this point in (23*2)*0.9=41.4 weeks.

That is a 897% increase of the current difficulty. Quite interesting informations if you think about the future nethash and the future of bitcoin mining.

I made the calculation based on a antminer s3 and a 440gh/366watt ratio running with 5 cent/kw. I think this is one of the lowest electricity prices possible.

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=440.00&p=366.00&pc=0.05&pf=0.00&d=246128630902.25800000&r=25.00000000&er=487.15000000&hc=0.00

The question is, how much more efficient future miners will be ?

Difficulty   Adjustment
27428630902.00   0
30171493992.20   1
33188643391.42   2
36507507730.56   3
40158258503.62   4
44174084353.98   5
48591492789.38   6
53450642068.32   7
58795706275.15   8
64675276902.66   9
71142804592.93   10
78257085052.22   11
86082793557.44   12
94691072913.19   13
104160180204.51   14
114576198224.96   15
126033818047.45   16
138637199852.20   17
152500919837.42   18
167751011821.16   19
184526113003.28   20
202978724303.60   21
223276596733.96   22
245604256407.36   23

Topic: End of industrial mining profitability at 246128630902 difficulty =897% increase - page 2. (Read 2601 times)