Author

Topic: We need BTC mining index! (Read 882 times)

member
Activity: 152
Merit: 10
August 25, 2013, 06:16:37 AM
#3
average hardware costs in network. wich is the hardest  . for example last 300Th added to the network are of unknown origin. asicminer most likely   and how much they spent on their new asic is a mystery.
also when calculating hardware costs in mining we should consider network and difficulty growth temps which are also a mystery.
the more i think about it, the more i doubt that this index is possible in even 200% approximation
full member
Activity: 168
Merit: 100
August 21, 2013, 12:18:32 AM
#2
I could create a simple website with the data and an API for other people to access it.

What variables will need to be used in order to calculate it?

- Energy costs
- Hardware costs

Huh
member
Activity: 152
Merit: 10
August 17, 2013, 03:33:35 PM
#1
We need some kind of BTC mining index that will show average price of mining of 1 BTC
It will be a great instrument for traders and mining investors

I understand that calculating it will be deficult because all custom chips are kind of a black market but still we need it in any aproximation
what do you think?
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