Short and simple: you are applying linear interpolations to a bunch of highly non-linear stuffs.
Which makes your prediction as reliable as a pure random guess.
Topic: Would this be wise? My college life (no I DO NOT LIVE IN A DORM) - page 2. (Read 3574 times)
keep in mind that price may or may not rise with difficulty increases, no one can predict either price of btc or difficulty at the end of this year, so you can't assume 1.8 daily or fixed 3.75 price
and unless you have some proper space to keep those pcs that would be a problem, noise for one, and count every 5870 as 0.3kWh heater... with 10 of them it is no different than having 3kWh heater running 24/7...
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you can expect 45% increase in difficulty just today, who knows what will happen in 2 weeks not to mention 2 months or more
and unless you have some proper space to keep those pcs that would be a problem, noise for one, and count every 5870 as 0.3kWh heater... with 10 of them it is no different than having 3kWh heater running 24/7...
edit:
Quote
but I highly doubt Ill go from 1.8 btc to 1.4 btc in 1 year with the same hash cracking rates.
you can expect 45% increase in difficulty just today, who knows what will happen in 2 weeks not to mention 2 months or more
1.8 btc per day? This sounds a bit low for a 5870.
You're correct, it will not go from 1.8 to 1.4 in a year. It will go from 1.8 to 1.08 in 10 hours.
Anyway, I think you would lose a lot of money doing this.
You're correct, it will not go from 1.8 to 1.4 in a year. It will go from 1.8 to 1.08 in 10 hours.
Anyway, I think you would lose a lot of money doing this.
(a) I don't see an acknowledgement that the generation difficulty will increase greatly during that time, and that your projection relies on speculating that the BTC price will go up proportionally.
(b) I don't see the price of electricity in there. Oh, you get free electricity in your college dorm. For 60 computers?
(c) If you live in a hot place, even one mining PC will make the room too hot in summer.
(b) I don't see the price of electricity in there. Oh, you get free electricity in your college dorm. For 60 computers?
(c) If you live in a hot place, even one mining PC will make the room too hot in summer.
A) Well I am speculating that I will be making $3.75 per btc and the difficulty will increase and your right. The difficulty will increase but I highly doubt Ill go from 1.8 btc to 1.4 btc in 1 year with the same hash cracking rates.
B) I have an idea for it already, and no I don't live in a college dorm. Ill be getting some space for it don't worry about it.
C) The storage area will be cold as the winter.
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@clonedone your right, i think ill add the new data to see how much profit ill be getting.
thats a little risky.
i think if you dont get your mining rigs before this winter, it might not be as profitable anymore.
you didnt calculate electricity, im guessing your not going to be paying for it? i was thinkging of dorming next semester and doing that but im not sleeping in a room with a mining rig lol.
besides, if you wanna really invest, atleast get 5970 or 6990s, they will make u more btc.
your life will be horrible stressful monitoring 10 - 60 computers, especially if ur in college.
also with 2 computers running two 6990s each is equivelent to ur 9 pc setups @$1600 to $2000 a month
and yeah i hopeyou did the calculations with double the difficulty we see now just to be on the safe side
i think if you dont get your mining rigs before this winter, it might not be as profitable anymore.
you didnt calculate electricity, im guessing your not going to be paying for it? i was thinkging of dorming next semester and doing that but im not sleeping in a room with a mining rig lol.
besides, if you wanna really invest, atleast get 5970 or 6990s, they will make u more btc.
your life will be horrible stressful monitoring 10 - 60 computers, especially if ur in college.
also with 2 computers running two 6990s each is equivelent to ur 9 pc setups @$1600 to $2000 a month
and yeah i hopeyou did the calculations with double the difficulty we see now just to be on the safe side
(a) I don't see an acknowledgement that the generation difficulty will increase greatly during that time, and that your projection relies on speculating that the BTC price will go up proportionally.
(b) I don't see the price of electricity in there. Oh, you get free electricity in your college dorm. For 60 computers?
(c) If you live in a hot place, even one mining PC will make the room too hot in summer.
(b) I don't see the price of electricity in there. Oh, you get free electricity in your college dorm. For 60 computers?
(c) If you live in a hot place, even one mining PC will make the room too hot in summer.
http://img814.imageshack.us/img814/5236/dfsdfd.png
gfx is based on how much money i get, 1.8 btc is depended on gfx with difficulty in consideration.
gfx is based on how much money i get, 1.8 btc is depended on gfx with difficulty in consideration.
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