There is an element of luck in Bitcoin mining
but it isn't always bad luck...
I have often mentioned luck in the past in association with Bitcoin mining and it always seems that the luck mentioned tends to be bad luck. To be fair to me, this is hardly surprising because Bitclub Network themselves only ever mention the "bad luck syndrome" when blocks hit have been on the low side.
Well, here's some good news! I actually spotted one of those days today when the luck is good luck. And I have to say that if things generally on the Bitcoin mining front for us continue as they are, we are going to do very well indeed moving forward.
Today (13th September 2016) so far we are getting 4.9% of the Bitcoin block totals. 4.9% of the entire amount of Bitcoin being mined! Our recent results show us on 27 blocks since 10th September with 13 already today!
That isn't bad by any standards and let me tell you that if we merely averaged that, the income generated for us all would be superb but I actually think that in time we will average a higher figure. I see us averaging 10 blocks per day in time. Now, if Bitcoin were to achieve a $1,000 value (and there is a link to an article further on that supports why this is a distinct possibility and reasonably soon) we would be well in indeed.
10 blocks per day is 125 Bitcoins and that would be worth $125,000 per day to the club members. Nearly 46 million dollars in a year of $2,300 per member, per annum. Ok that is simplifying as not all members have mining pool shares and I've guessed at membership of 20,000 - it's probably less. But that is food for thought I think and the reality could easily outsrip the dream. |
