SGMC Update [14 Nov 2013]

Current Difficulty 510,929,738
Current SGD (In-hand) -($671.51)
Current USD (Exchange) $0.00
Current SGD (Exchange) $891.91
Current BTC (Wallet) 2.20262487
Current BTC (Pool) 0.43489938
Current NMC (Pool) 36.02720075
BTC on Exchanges 1.5
Expected USD Transfer $1,631.31
Estimated Assets SGD$ $4,384.70

Time for another update now that BTC has blitzed past the USD$400 mark!

We have BTC, USD & SGD in multiple places at once now that we have more BTC to “play” with.  I’ve included the cost of running the miner at home at SGD$4 per day and the sheet above reflects the power cost for the past 2 weeks.

Rather than confuse everyone on the individual line items above, I have summarized into the last line “Estimated Assets” so it will be easier to see how much we are at now, factoring all the costs so far like power, GST etc.

The good news is that the next retarget may not be as high as the past 4 retargets.  It is currently estimated at between 10-20% (compared to the 30-40+%) in previous retargets.  This means that we will still be holding close to the 0.5 BTC/day mining rate.

For those who have told me that the miner is down as they see the hashrate as 0 to the right side, don’t worry.  I have temporarily moved the mining to a different pool.

If you want to see that stats as well as to check if the miner is running or not, the link is below.


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