Topic: Thousands of rigs are going online soon, expected hashrate over next months? - page 2. (Read 1299 times)
May 31, 2017, 10:30:42 AM
The good thing is I only buy and sell, I don't do any mining, I only check where the mining community goes and aim in that direction on which coin I should invest, mining is a loser's game, I mean, as a trader I earned so much money buying and selling and what really helps us crypto traders earning so much money is the manipulation of prices, dumps and pumps.
May 31, 2017, 10:20:20 AM
Yes, your logic is off. Two weeks ago ETH didn't cost 230 but 90 so you lost 30% of eth, but price of it increased 250%.
May 31, 2017, 10:18:19 AM
Its game over, if crypto crashes then gpus will be sold for $10, you will lose 95% of the product value. This is worse than litecoin mining.
May 31, 2017, 10:13:03 AM
So in the past 14 days the Hashrate has gone up ~30% from 27Th/s to over 35Th/s.
So given a 150MH/s rate with (worse case) 1000W consumption at $.15 electricity cost and a ETH price of $230, you'd make about $715 a month.
BUT two weeks ago all the same details with a 27Th/s rate, you'd make about $957 a month.
That's a 25% decrease. Can we epect this 30% increase to happen in the next 14 days or do we see it being worse and so many new people have jumped/jumping into the game.
Is my logic off?
So given a 150MH/s rate with (worse case) 1000W consumption at $.15 electricity cost and a ETH price of $230, you'd make about $715 a month.
BUT two weeks ago all the same details with a 27Th/s rate, you'd make about $957 a month.
That's a 25% decrease. Can we epect this 30% increase to happen in the next 14 days or do we see it being worse and so many new people have jumped/jumping into the game.
Is my logic off?
May 31, 2017, 08:39:46 AM
Hashrate this month has gone from 22Ths to 35Ths. I am going to assume in the next couple weeeks when everyone who has bought rigs and depleted hardware it's going to jump big time. Any predictions on how much by end of June? July? August? Given hardware is kinda fixed (more gpus on the way I'm sure) do you think June will spike and then flatten?
We should all be taking this into account when looking at ROI, right?
We should all be taking this into account when looking at ROI, right?
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