11-29-2016, 08:55 PM
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Confirmed User
Join Date: Oct 2002
Posts: 6,780
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Quote:
Originally Posted by woj
income goes down by about 10% each month, because "difficulty" keeps going up:
so if first month you make $10k, it will play out like this:
Month / Income
1 $10,000.00
2 $9,000.00
3 $8,100.00
4 $7,290.00
5 $6,561.00
6 $5,904.90
7 $5,314.41
8 $4,782.97
9 $4,304.67
10 $3,874.20
11 $3,486.78
12 $3,138.11
13 $2,824.30
14 $2,541.87
15 $2,287.68
16 $2,058.91
17 $1,853.02
18 $1,667.72
19 $1,500.95
20 $1,350.85
21 $1,215.77
22 $1,094.19
23 $984.77
24 $886.29
25 $797.66
26 $717.90
27 $646.11
28 $581.50
29 $523.35
30 $471.01
31 $423.91
32 $381.52
33 $343.37
34 $309.03
35 $278.13
36 $250.32
TOTAL $97,747.16
obviously the $10k/month with a $100k investment were just made up numbers, but as you can see it's not as easy as you think.... and this whole calculation omits few critical details... it assumes the equipment doesn't break, doesn't account for your time to deal with it, possibility of someone finding out and cutting you off from the "free" electricity source, etc...
so long story short, unless you know what you are doing I wouldn't get into it...
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Thanks Woj.. Makes perfect sense actually.. I think i'm gonna let it pass for now..
Are there other coins i can mine? I really figure i can do something with all that electricity. lol
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