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Old 11-01-2013, 08:06 AM  
Spudstr
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Join Date: Jan 2003
Location: In a Tater Patch
Posts: 2,321
Quote:
Originally Posted by woj View Post
they make about $16 per day now, or $16*14=$224 every 2 weeks
difficulty rises about 30% every 2 weeks, meaning your income drops by 30% ever 2 weeks so:

week income
1 $224.00
2 $156.80
3 $109.76
4 $76.83
5 $53.78
6 $37.65
7 $26.35
8 $18.45
9 $12.91
10 $9.04
11 $6.33
12 $4.43
13 $3.10
14 $2.17
15 $1.52
TOTAL $743.12

so in 15 2 week periods = 7.5 months or so, you would make about $743 total
+ they burn about 400W (??) so they use about $1/day in electricity cost = -$200 or so
+ it takes time/effort to set it all up, sell btc, etc

so add it all together = unprofitable
exactly. why do you think bfl put off all the shipping all this time? they used everyones money that paid for 12 months to mine and profit and now that its getting way to hard to do they sent everyone their systems.
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