Hi there,
I am thinking about investing $3500 in 3 x 1TH/s SHA-256 Asic Miners.
Reason is, I have FREE electricity and a chance to get my hands on 3 TH/s for that amount of Money.
Start of Mining would be July 1 or even around June 20, but I done all my calculations based on difficulty and MINING START date July 1.
I noticed that ALL bitcoin calculators show me a revenue of about 0.045 BTC per 1000 GH/s per day which is not the calculation that I see as relevant for mining using the AUTO SWITCHING multiport for SHA-256 Coins on MultiPool.us who's revenue is 0.00010 per 1 GH/s ( 0.10 BTC for 1000 GH/s per day ).
So keeping that in mind brings me to conclusion that 3 TH/s with an monthly average Difficulty increase of 45% would bring me :
5.85 BTC for July
4.04 BTC for August
2.78 BTC for September
1.92 BTC for October
And so on, the calculation can be seen here : https://tradeblock.com/mining/a/90e3c8c05b
Note : I doubled the Hashrate to calculate multipool.us revenue, because it is double than the 0.045 BTC per 1000 GH/s that this calculator uses, by doing that I was able to calculate Multipool.us AUTO SWITCHING Multipool revenue for SHA - 256 accurately.
So the calculations show me that I have a ROI in August and a profit of about 10 BTC by end of December which leads to a conclusion that I am doing the right thing here by investing in Mining Hardware instead of Buying 5-6 BTC right now, because by doing so I would make back my investment of $3500 and would net a PROFIT of 10 BTC by end of December 2014.
Would love to hear You thoughts on this Topic, did I calculate everything right or do I missing something.
Thanks for any comments and suggestions..
