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I gotta say, am I the only one who see's the numbers and then immediately goes to the Bitcoinx calculator to see how much "money" I could make in a day if I bou
by cantankerous 13y ago
I gotta say, am I the only one who see's the numbers and then immediately goes to the Bitcoinx calculator to see how much "money" I could make in a day if I bought one of these rigs? On paper it seems like some of these things could pay for themselves in relatively short order if you could actually get your hands on one and run it day and night...and liquidate your mined coins asap at the current prices. A lot of ifs. Has anybody met somebody who's managed to pay off a big rig in short order? I'd really like to see a "success story" with Bitcoin mining.
- dwaltrip 13y agohttp://blockchain.info/charts/hash-rate http://blockchain.info/charts/hash-rate -- This graph shows the total network hashing power, a.k.a. mining competition. As ASICs are finally being released/shipped on a noticeable scale, the network hash power is massively increasing and will probably increase 1-2 orders of magnitude more. Mining profits will most likely be driven to almost zero. EDIT: another thing to consider is that the ASIC companies have had much trouble shipping on schedule, affecting ROI calculations