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New Miners: it's NOT profitable to build a rig today -- a more realistic calculator

Every day on the bitcoin irc channels, I hear people talk about the profitability of mining according to some calculator.
Lets face it: The easy money came and went a couple months ago and the gold rush is over.
I hate to see people deluded by false information, because of calculators that don't take into account the rising difficulty.
Here's a more realistic calculator for 1 GH/s if someone were to build a mining rig today, and the price remained constant. It accounts for a 25% difficulty increase each period, which is reasonable.
Link: A More Realistic Mining Calculator
Don't enable "Predict exchange rate", because that part is seriously flawed.
So please, save your money. Don't throw it away on a rig that probably won't be able to recuperate its original value.
submitted by vigilyn to Bitcoin [link] [comments]

Can someone explain this screwiness with MHP ?

Here's a snapshot of my MHP balance 20 minutes ago:
https://imgur.com/FsP6XHf
Here's a snapshot of my MHP balance 10 minutes later:
https://imgur.com/a/iJAar
Notice the BitCoin Gold amount ? The "Credited for AutoExchange" amount went down without any corresponding change anywhere else. Where did it go ?
submitted by exigesDB to AwesomeMiner [link] [comments]

YouTube Bitcoin Miner Asic overclock of 333 MHPs at 447 MHPs - eflose #330 Bitcoin Mining on Your Laptop  CPU Mining On Bitcoin Vote In English Power Surge (NAME) v3 Bitclub Network Webinar - Founder Russ Medlin - July 31 2016

Bitcoin-Qt ist ein Open-Source-Projekt und derzeit einer der sichersten Vertreter unter den Mining-Clients. Hier müssen Sie sich nicht um eventuelle Angriffe auf Ihr virtuelles Geld sorgen. Ebenfalls Open-Source und vertrauenswürdig ist Electrum.Das Tool punktet mit einer 2-Faktor-Authentifizierung, dem Support von Add-ons und der Möglichkeit, Ihre Keys jederzeit in andere Bitcoin-Clients ... Erfahren Sie alles über Bitcoin Mining. Hier erfahren Sie, wie Sie minen und wie es funktioniert. Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a minute to sign up. Sign up to join this community . Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top Bitcoin . Home ; Questions ; Tags ; Users ; Unanswered ; Jobs; Is there a chart that shows Mhps mint speed over time? Ask Question Asked 8 ... According to Butterfly Labs' customer service department, their chief operating officer, and their vice president of product development, the speeds they claim for their BitForce products are all nominal speeds and a variance of +/-10% is permitted.As of this writing, they say speed claims are based on a combination of synthetic benchmarks and averaged real-world data, with real-world figures ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume

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