Man, I wonder how much money I could've made if I started bitmining a few years ago when Ulic first made the thread..
Was always discouraged since my hardware wasn't very great, even more so now that I have a MBA
Looking again at the graph what Skinny posted..
Quote:
Originally Posted by SkinnyPupp
The 7870 does a decent job of mining... I don't know what all the rates are, so I just used this conversion calculator. According to it, mining with the Radeon 24/7 would bring in 1.45 BTC per month, worth about $62 USD a month. |
HD7870 = $62USD revenue a month and it has a hash rate of roughly 400 megahash
A 30 gigahash for sale (
https://products.butterflylabs.com/3...oin-miner.html) will produce roughly 75 times more bitcoins than the HD7870 = $4650
Of course with variations in the bitcoin market taken into consideration, it still doesn't seem very hard to make the money you spent on the ASIC + money on the side.
Maybe there's more to it that someone wants to explain? More people mining = less bitcoins to be produced?