Topic: Can I Actually Make ANY Money? (Read 551 times)
Scaryhash, if you are thinking about buying a BFL single then look around and you will see *extremely* long leed times to get such a device and when you get it the difficulty will have gone up. Also they are sucking down more power than planned so that needs to be taken into account for the cost of running it.
Watch out because the mining difficulty is only going to go up - well unless there is an exodus from BTC but then why would you want to mine. Since it is only going up you need to take that into the equation of it is worth it. It might be worth it at the moment but not in a few months as ASICs ramp up.
Go look up the hash rate, or just download gui miner to try things out.
Then plug in your hash numbers into a bitcoin calculator (do a search on your favorite search engine), plug in your power costs from your power bill, and calculate it out.
I've been doing this for a week, and I calculate I will make $67 bucks a year at my current hash rate with my power costs.
That's awesome stuff.
If I bought 2 BFL singles, I could make 10k a year !
I'm seriously thinking about it.
Then plug in your hash numbers into a bitcoin calculator (do a search on your favorite search engine), plug in your power costs from your power bill, and calculate it out.
I've been doing this for a week, and I calculate I will make $67 bucks a year at my current hash rate with my power costs.
That's awesome stuff.
If I bought 2 BFL singles, I could make 10k a year !
I'm seriously thinking about it.
you can even do lot less, it depends on how cheap is the electricity that you use for it.
Woo! A whopping $50 USD a year!!! I'm so happy...not...
I have a AMD Radeon HD 7640G graphics card...memory at 512 MBytes...
Is there any way, if electricity is free, if it is worth doing it...and how much I will make...
Is there any way, if electricity is free, if it is worth doing it...and how much I will make...
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