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Ethereum & decentralization after merge to PoS..
🔥🔥 Newest Elon Musk hyped token [$BLIMPSROCK] with only $3M Market cap and a 100x ROI potential, LET'S GET IN APES ! 🚀
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according to minerstat, it's profitable from 34 watts/THS 8c kwh is something I can only dream of. It's 30c+ AUD here 😔
Welcome to The Tinfoil Hat Society (THS)!
"are fine with the gov freezing funds 'IN THS CASE' " is the Point of contention imo. Will it be as favorable ' next time? Will this serve as a normal response to future protests? What if these actions were taken on other protests. Blm? I'm not Anti -gov or pro-convoy BUT I claim overreach (don't speak towards others perspectives... You reduced the alternative opinions ) I highly value free speech, protest is part of that. I highly value the right to protest. ( Even if the government doesn't want you too, that's sort of the point... ) I personally will defend the right to protest. Free speech, Free press, free àccess to information. Those are lines in the sand for me. Thankfully I'm not Canadian, it's clearly a different culture where people support restricting these things. Not to say The crazies south of you are any better at protecting those rights... I just see a global narrative of "OBEY" coming to the forefront. Sparked by COVID. Also I absolutely Do Not Want Vaccine Passports. That is a bit dystopian.
To be honest there isn't an easy way to put that into a formula since a variety of the variables are constantly changing. However you can get a decent approximation by taking your hashrate and dividing by the network hashrate, then multiple that by the number of blocks in a day (144), the multiple that by the average block reward + tx fee (block reward is 6.25 BTC atm and income from tx fees can vary, for the example lets pretent its 3.75 to make it an easy 10 for calculations). So you get: (YourHashrate/NetworkHashrate)\*BlocksPerDay\*BlockRewardPerBlock = Aproximate Earnings. (You should also subtract the mining pool fee which is usually 1%). In Other Words with 100 THS and the current network hashrate of 174 million THS: (100/174000000)\*144\*10 = 0.00087 BTC per day. THIS IS VERY VERY APPROXIMATE. I've left out A LOT of detail for the sake of brevity but I hope that this explains in some way what one can expect from BTC mining. If you want to get more exact figures I recommend doing more research and crunching the numbers yourself since all the data is publicly available :). Also I have oversimplified in some places since your chance of mining a block is related to difficulty not the overall hashrate of the rest of the network but dividing your current hashrate by the network total is a convenient shortcut (much like in primary school treating 22/7 as pi even tho its no where near).
Nah. That’s why you join a pool. You get rewarded what you contribute in THS
hi guys, I stumble across smarthashes too, and i want to check the site is legit, but some comments confused me. From my opion when i see other comments that's when you see it too good to be true then it's fake. i dont fully agree with that. from what i see, and other cloud mining packages, 3 scenarios here check out. 1st - If you spend 22K to by S19JPro 110th/s . you'll get 2 machines ($10500/ea ) , so your total hashes is 210-220 THS. that' mining bitcoin would create 22.7K$ /year. over 3 years span, you'll make 45K roughly after subtracts initial investment. So $45K Profit. 2nd- with another mining cloud. If you have 22000$ for one time set up and they will give you 500 TH/s /day that in turn will earn you back 51000K/year ( with bitcoin current price ) and that you'll lock in with 36 months contract. after 3 year contract it's over. so your total invest is 22K and after 3 years you'll make 131K/ 3 yrs span in profit. 3rd, with smarthashes. $2800 investment will get you 360 TH/s each day. and you only allow to use this for 2 months only. will net you roughly $6000 - 2800 investment cost = $3200 Profit. So Smarthashes is basically selling you a portion of their machines ( approx 1/3 ) and pay you 100% back after 2 months, So if they sell 1 packages like that they recoup that Investment of a machine in 3 months. but since they give you tripple the hashes rate per machine, so most likely they will recoup in 9 months. After 9 months. that machines belongs to them, and they can mine it freely without paying anyone. That's the average ROI of any miner nowaday on the market. Note If you buy any asic miners now, it is mostlikely you'll recoup your ROI in 9 months, ( with btc is at low point it is 11months to recoup $10500 back ) but other miners such as L7 or KD5 , you'll get your money back in 6-8 months. then after that all profit. ( taking in electricity cost of .6 cents/kwh). Just my own thought. So they are not entirely a scam as someone thought, but there are some calculation here for them to sell packages like that. it make sense but since the package promises a return of 100% after 2 months makes people think it's too good and causing people to scared. but again... i'm scared myself too that's why i'm here checking them out to see any other users actually use their services... :)
THS... i explained to them about DOGE & SHBA.. and how low risk other coins like ETH and BTC... i had done my part and I dont want to sound a broken record
Doesn't seem like a big deal when you measure it EHS instead of Dollars. I guess every little THS matters these days.
Rigs are the main startup cost. We run modular containers which keep facility costs to a minimum (with heat recovery to improve profitability). A 600THS unit is ~$30k USD. ROI in about 10m (depending on btc price and hash rate). Operating profit is about 75%
And yet its literally happening even in this community right now lol ITS THE DIP THS IS IT, THE DIP But when it was doge: its gona discourage new investors, its a pump and dump, look at that 20% drop, this doesnt happen with other projects etc etc