Author

Topic: Mining @ 100 Mhash/s - how long to get chain of bit coins? (Read 8620 times)

newbie
Activity: 41
Merit: 0
Yep - I ordered a 5 GHs box about a month ago and they said it would be another 30 to 60 days before it arrives.

By then I will need a 25 GHs box just to keep up...
legendary
Activity: 1621
Merit: 1000
news.8btc.com
You can try this calculator to give you an estimate.

http://www.bitcoinx.com/profit/

WOW - pretty cool....

So to get the default settings....  running 50,000 Mhash/s (is this the same as 50 Ghash/s?)
... you could buy this?
https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

And it would be $2500 and assuming 100W @ $0.15/kwhr it would generate $23235.83 USD in 3 months?

If that's the case, why doesn't everyone order one of these $2500 boxes?Huh

Actually, lots of these boxes have been ordered.
newbie
Activity: 29
Merit: 0
You can try this calculator to give you an estimate.

http://www.bitcoinx.com/profit/

WOW - pretty cool....

So to get the default settings....  running 50,000 Mhash/s (is this the same as 50 Ghash/s?)
... you could buy this?
https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

And it would be $2500 and assuming 100W @ $0.15/kwhr it would generate $23235.83 USD in 3 months?

If that's the case, why doesn't everyone order one of these $2500 boxes?Huh

because it's vaporware until they actually ship something to customers who have already ordered.
newbie
Activity: 9
Merit: 0
You can try this calculator to give you an estimate.

http://www.bitcoinx.com/profit/

WOW - pretty cool....

So to get the default settings....  running 50,000 Mhash/s (is this the same as 50 Ghash/s?)
... you could buy this?
https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

And it would be $2500 and assuming 100W @ $0.15/kwhr it would generate $23235.83 USD in 3 months?

If that's the case, why doesn't everyone order one of these $2500 boxes?Huh
sr. member
Activity: 392
Merit: 250
+1 at joining a group.
newbie
Activity: 29
Merit: 0
Are you pool mining or solo mining?

I would be solo mining I guess?

don't solo mine with that low of a hash rate, join a pool.
newbie
Activity: 9
Merit: 0
Are you pool mining or solo mining?

I would be solo mining I guess?
full member
Activity: 196
Merit: 100
You can try this calculator to give you an estimate.

http://www.bitcoinx.com/profit/
sr. member
Activity: 252
Merit: 250
Are you pool mining or solo mining?
newbie
Activity: 9
Merit: 0
Just curious.... how long would you figure it will take?

The bitcoin awarding, is it completely random, or based on a # of computations?
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