11 September, 2021 BitFuFu Revenue + Contracts Profitability Analysis
11 September, 2021 BTC Revenue:
0.00000694 (0% Pool Fee, Antpool Data) PPS mining earning: 0.00000683 Transaction reward: 0.00000011
0.00000667 (f2Pool, 4% fee) 0.00000666 (Antpool, 4% fee) 0.00000665 (Poolin, 4% fee)
Best BTC Settings:
Antpool + BitFuFu Account
BTC Network Hashrate
Bitcoin Difficulty Estimation
At the moment, the Network Difficulty shows a trend of -1.55%, 11.54 blocks behind the schedule, but I would still assume a +3-5% change in network difficulty in a pessimistic scenario, due to the fact that from September 5 to September 8, the hashrate fluctuated at the average level of 143 EH/s.
This mark seems to me quite achievable in current Network Difficulty Period.
Fast BTC Profitability Analysis
BTC/USD Rate Notice For my calculations of the profitability of contracts, the Binance rate is taken, since we compare the purchase of a contact for mining BTC with a one-time purchase of BTC on the exchange for fiat money. In the case of reinvestment of our BTC (when we buy a contact for BTC mining, paying for it with our BTC from the balance), the exchange will be calculated at the internal rate of BitFuFu. Recently, it is about $ 500 less than the Binance rate. Consider this, please, yourself.
On September 10, prices for Classic Contracts were adjusted to the $ 46,000 rate.
At the moment, purchases will be profitable in the Optimistic scenario and near-zero in the Realistic scenario.
I would not strongly assess the profitability or loss-making of the Accelerated Plans now. We are now making decisions in volatile times and in the face of rapidly growing Network Difficulty.
You should not look at the 6% pessimistic period for long-term contracts - it will not last either 360 days or 720. In 3-4 months we will forecast a yield with a pessimistic scenario of 3%, as it was before May 2021.
Accelerated plans are good for those cases when you want to protect yourself from losses and guarantee yourself a profit.
This is what I will definitely use.
But together with the long terms of contracts: 360, 540, 720 days, all the benefits of the Accelerated Plans disappear. Hopefully the Accelerated Plans in the future will be available for 120 and 180 days contracts, where the "All-in" purchase can be made.
11 September, 2021 ETH Revenue:
0.00021948 (Antpool,1.5% fee, per 10 MH/s) PPS mining earning:0.00019392 Transaction reward:0.00002556 Network Difficulty: 8777273823744955
Best ETH Settings:
Antpool + BitFuFu Account