Hello,
I was running some numbers on this ETH calculator. It takes into account everything including Uncle (whatever that is) and the result is depressing. I'm new to this whole mining scene so would like to know from the pros how accurate is this calculator.
http://www.karldiab.com/EthereumMiningCalculator/
10/5/2016 numbers
Hash rate: 3000
Difficulty: 85.8369
Block time: 14.3904
ETH price: 13.05
Power: 25000
Power Cost: 0.10
Pool fee: 0
Diif change: 18.27
Months Cululative Income Per Month
1 $3,950 $3,950
2 $6,892 $2,942
3 $9,125 $2,233
4 $10,835 $1,710
5 $12,141 $1,306
6 $13,127 $986
7 $13,852 $725
8 $14,362 $510
9 $14,690 $328
10 $14,862 $172
11 $14,900 $38
12 $14,821 $(79)
As you can see from the Income Per Month column, your net earnings decreases each month as difficulty grows. And this is even before POS hit. So if you are an experience miner, do you agree with these numbers?
I was running some numbers on this ETH calculator. It takes into account everything including Uncle (whatever that is) and the result is depressing. I'm new to this whole mining scene so would like to know from the pros how accurate is this calculator.
http://www.karldiab.com/EthereumMiningCalculator/
10/5/2016 numbers
Hash rate: 3000
Difficulty: 85.8369
Block time: 14.3904
ETH price: 13.05
Power: 25000
Power Cost: 0.10
Pool fee: 0
Diif change: 18.27
Months Cululative Income Per Month
1 $3,950 $3,950
2 $6,892 $2,942
3 $9,125 $2,233
4 $10,835 $1,710
5 $12,141 $1,306
6 $13,127 $986
7 $13,852 $725
8 $14,362 $510
9 $14,690 $328
10 $14,862 $172
11 $14,900 $38
12 $14,821 $(79)
As you can see from the Income Per Month column, your net earnings decreases each month as difficulty grows. And this is even before POS hit. So if you are an experience miner, do you agree with these numbers?