Topic: Interesting fact: Mhash/s roughly equivalent to $ per month (Read 2307 times)
I was thinking about this same exact thing last night. Almost seems like it was designed to stay around $1/mhash
Not a good idea, you'll make 144$ in a week. The week after that difficulty will rise and dismantle your prognosis.
Possibly, or perhaps the bitcoin price will rise accordingly as it has done in the past. Either way, I think it's still an interesting, albeit grossly approximate, way of thinking about Mhash/s.
This is very approximate, but I thought you'd be interested in knowing that at the moment your hash rate is roughly equivalent to the amount of money you'd be making with the current difficulty and exchange rate.
For example, if you have 600Mhashes/s, your revenue would be roughly $600.
This is a useful tip when you are trying to do some quick calculations in your head.
For example, if you have 600Mhashes/s, your revenue would be roughly $600.
This is a useful tip when you are trying to do some quick calculations in your head.
Not a good idea, you'll make 144$ in a week. The week after that difficulty will rise and dismantle your prognosis.
difficulty @ $8.50/btc = 220000
difficulty @ $18.50/btc = 520000
Would you rather make 1 btc a day and it's worth 8.50 or half of a btc per day and it's worth 18.50.
See what I'm getting at ?
This is very approximate, but I thought you'd be interested in knowing that at the moment your hash rate is roughly equivalent to the amount of money you'd be making with the current difficulty and exchange rate.
For example, if you have 600Mhashes/s, your revenue would be roughly $600.
This is a useful tip when you are trying to do some quick calculations in your head.
For example, if you have 600Mhashes/s, your revenue would be roughly $600.
This is a useful tip when you are trying to do some quick calculations in your head.
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