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| Posted by | Message | WikiTiger 
LSU Fan
Member since Sep 2007
38251 posts
 Online
| re: Anyone else seeing Butterfly Lab ads littering TD.com? (Posted on 3/13/13 at 11:36 am to ThaBigFella)
quote:
i mean if invest $30k in a bitcoin miner it better net me a guarantee of sorts.....what kinda income will this net you???
That rig will get you about 1,500 GH/s
At current difficulty, that would net you approximately 172.71 bitcoins per day, and at an exchange rate of $47, that would come out to $8117 per day.
That calculation does not take into consideration electricity costs.
It also does not take into consideration that mining difficulty will likely continue to rise, which means that you will mine less and less bitcoins as more and more people get ASIC's.
| | Back to top | | WikiTiger
LSU Fan
Member since Sep 2007
38251 posts
Online
| re: Anyone else seeing Butterfly Lab ads littering TD.com? (Posted on 3/13/13 at 11:37 am to TigerFanatic99)
quote:
The great and powerful Oz behind the curtan set it up that way. as mining quickens, they make it harder to mine to control the currency.
I think.
This is correct. As more processing power joins the network, mining difficulty automatically adjusts and makes it harder (or easier if people leave the network).
However, difficulty levels have nothing to do with how many bitcoins are released. That number is still going to be 25 per block (approx every 10 minutes), until the next halving point.
This post was edited on 3/13 at 11:38 am
| | Back to top | | ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
811 posts
| re: Anyone else seeing Butterfly Lab ads littering TD.com? (Posted on 3/13/13 at 7:50 pm to TigerFanatic99)
So I'll make $8k per day on a $30k investment!?!?! Sign me up Ok I'll put down $30k to make $3m this year? I have a unicorn I'm selling on Craigslist and when this buyer pays tomorrow Im taking his check straight to the bank to buy this miner.im then ordering 3 Ferrari laferraris the minute this machine arrives...hell I'll buy 3 machines or 90k and make $24k/day
This post was edited on 3/13 at 7:54 pm
| | Back to top | | Vols&Shaft83 
Tennessee Fan
Member since Dec 2012
3188 posts
Online
| re: Anyone else seeing Butterfly Lab ads littering TD.com? (Posted on 3/13/13 at 7:56 pm to ThaBigFella)
quote:
I have a unicorn I'm selling on Craigslist
We only accept Unicorn Farts, Gremlin balls, and Mermaid Poon
| | Back to top | | ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
811 posts
| re: Anyone else seeing Butterfly Lab ads littering TD.com? (Posted on 3/13/13 at 8:30 pm to Vols&Shaft83)
Vols u laugh now but I'm gonna be posting on td from my jet soon making $8k a day per $30k machine I buy
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