Topic: What is your mining speed? - page 2. (Read 3576 times)

2x 6990's —> 1500-1600 Mhash/s

Do you know something the rest of us don't?

Just hoping Bitcoin rockets up in price, eh? 

And you must be hosting those rigs in a building outside your home -- you can't exactly draw that much power at a residence.

I mean, there are plenty of guys on here content to make "a little", mine for fun, mine to pay for a % of new hardware which will be used for gaming, etc.
But you're obviously in this as a business, to make money plain and simple.

The 130-150 day payoff doesn't hold you back at all?

Besides the fact you physically won't be able to get your money back for 4 or 5 months (with no difficulty increases), we're also not factoring in the value of one's time -- I mean, unless you're unemployed, it's going to take some of your otherwise productive time to build all those rigs.

It made sense in late May when profitability was through the roof -- it WAS worth one's time to build and mess with rigs.

But now, it only makes sense for EXISTING operations to continue, perhaps strategically expand here and there.  Mining just isn't THAT profitable anymore, and it's still plenty risky.

Has anyone noticed that BTC haven't been over $14.20 for several days? And now the price is finally moving -- to $13.80.

Like I said, risky. Risking a few hundred bucks makes sense. But starting a business -- this late in the game? A bit foolhardy if you ask me.

It does not he a timeline though

I have 2x5770 + 3x 6970 mining

I have 5 x6970 coming next week.

I have 32 x 6970 coming the week after

And I have 40 x 6970 coming 2 weeks after

Indeed, thanks for the correction.

This is just a poll for fun.  And yes, you can still get useful information from an irregular scale.  I've taken Statics, but I think you meant to say Statistics.

If you already know approximately the distribution of the hashrates then this poll isn't going to tell you anything new. A logarithmic scale don't needs a logarithmic distribution to make sense. The irregularities of a graph in a regular scale convey useful information, irregular distributions in an irregular scale don't. Pick any book about basic statics!.

Roughly around 1400mhs . Hope to be by 10GHs by the end of December.

I tried to make the divisions so that they would separate the most commonly reported hashrates.  Why would I want to use a log scale for this?  Why would the hashrates of different miners fall into a logarithmic pattern?

No. A logarithmic scale can be divided as finer or as coarser as you wish.

Because then I would only have 10 MH/s, 100 MH/s, 1 GH/s, and 10 GH/s.  And that wouldn't give very many options.

Why you didn't just used a log scale?. This is nosense.

I'm expecting there will be a nice bell curve, with an emphasis on the lower speeds.  Feel free to change your vote if you change or modify your mining hardware.  Have fun!