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Topic: 400GH/s - how many BTC can you extract? - page 2. (Read 4415 times)

newbie
Activity: 22
Merit: 0
WOW after checking https://tradeblock.com/mining/  bitcoin mining isn't worth it.
hero member
Activity: 539
Merit: 500
Nkcom Collection Shop
June 30, 2014, 07:09:26 PM
#9
Anyway, what do you think the price will be for this new piece of miner?

From the article:

Quote
It is priced at 0.75 BTC.

Duh jumped that line, thank you!

So here's the result: https://tradeblock.com/mining/a/c42525c314

Good to mine for 6 months, then you can trash it away again  Cheesy

holy *beep* ,, really you make me cannot sleep with that calculate.. -_- ..
hero member
Activity: 546
Merit: 500
LOL what you looking at?
June 30, 2014, 05:51:05 PM
#8
Anyway, what do you think the price will be for this new piece of miner?

From the article:

Quote
It is priced at 0.75 BTC.

Duh jumped that line, thank you!

So here's the result: https://tradeblock.com/mining/a/c42525c314

Good to mine for 6 months, then you can trash it away again  Cheesy
legendary
Activity: 2786
Merit: 1031
June 30, 2014, 05:43:44 PM
#7
Anyway, what do you think the price will be for this new piece of miner?

From the article:

Quote
It is priced at 0.75 BTC.
hero member
Activity: 546
Merit: 500
LOL what you looking at?
June 30, 2014, 05:42:27 PM
#6
Next 12 months around 1 bitcoin or so:

https://tradeblock.com/mining/a/d28b241a18

Thank you!

It looks that you won't take back your investment if the machine costs 1000$ (but I think it will cost more).
https://tradeblock.com/mining/a/bb554ee8f3
And of course I have put in there the sheet values: 470 GH/s and 366W.

But if you spend 0 in electricity you will actually earn 21$ (0.03 BTC) after one year!
https://tradeblock.com/mining/a/2feb5cfd9d
hero member
Activity: 546
Merit: 500
LOL what you looking at?
June 30, 2014, 05:35:34 PM
#5
I know this is a bit off topic but extract is not the right word to use. These bitcoins aren't hidden in lines of code that need to be "extracted" as you make it seem. They are simply created; basically out of nothing. When a miner finds a block, that miner is rewarded 25 bitcoins that are created - and proven to be valid.

Thank you for the explanation but I don't know if there's much to discuss.
If you FIND a block, you were actually LOOKING for something, that's why I use the word "extract".
In fact, you don't really FIND bitcoins, right? They are a reward because you FIND a block.
So you extract them thanks to your mining. Or you get them as a reward.
It's just words I think, there's 2 different POVs here, that's all.

Anyway, what do you think the price will be for this new piece of miner?
sr. member
Activity: 342
Merit: 250
June 30, 2014, 05:25:18 PM
#4
I know this is a bit off topic but extract is not the right word to use. These bitcoins aren't hidden in lines of code that need to be "extracted" as you make it seem. They are simply created; basically out of nothing. When a miner finds a block, that miner is rewarded 25 bitcoins that are created - and proven to be valid.
legendary
Activity: 2786
Merit: 1031
June 30, 2014, 05:15:59 PM
#3
Next 12 months around 1 bitcoin or so:

https://tradeblock.com/mining/a/d28b241a18
legendary
Activity: 2226
Merit: 1052
June 30, 2014, 05:15:25 PM
#2
As per title, asking you experts.

As per https://www.alloscomp.com/bitcoin/calculator 0.01196082 BTC per day at current difficulty factor 16818461371.2

As per http://www.bitcoinx.com/profit/ 0.0120 BTC per day at current difficulty factor 16,818,461,371.00
hero member
Activity: 546
Merit: 500
LOL what you looking at?
June 30, 2014, 05:04:04 PM
#1
As per title, asking you experts.
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