Fees are 0.06$ in my country. Should i start mining?

veleten

legendary

Activity: 2016

Merit: 1107

Quote from: yishak on September 16, 2017, 03:38:32 AM

Also how much can I expect to earn per day also how much kW per day will mining take?

use any mining calculator to get info:
https://www.coinwarz.com/calculators/bitcoin-mining-calculator
https://www.nicehash.com/profitability-calculator?lang=en
https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12
https://whattomine.com/
https://en.minergate.com/calculator/cryptonote
https://hashing24.com/calculator
https://bits.media/calculator/

also,read this forum as to what equipment is used for mining and is efficient

HeRetiK

legendary

Activity: 3122

Merit: 2178

Playgram - The Telegram Casino

Quote from: yishak on September 16, 2017, 03:38:32 AM

Also how much can I expect to earn per day also how much kW per day will mining take?

If you're talking about BTC mining:

1) Research the hashing power of currently available ASICs

2) Research the wattage required of said ASICs

3) Check historical difficulty increases

4) Assume that future difficulty increases will be even higher

5) Assume that delivery times until your ASICs arrived will be worse than anticipated

6) Punch those numbers into one of the many available mining profitability calculators

If you're talking about alt coin mining using GPUs: Replace 1) and 2) with research about GPU hashing power per graphic card type per hashing algorithm

Philopolymath

sr. member

Activity: 558

Merit: 295

Walter Russell's Cosmogony is RIGHT!

So your question and thinking goes like this..

Baseball players make millions...Should I play baseball?

Lancusters

sr. member

Activity: 630

Merit: 263

This is not the correct question. You need to decide what equipment you will use. There are specialized sites where there is a calculator of your income. For Example Nicehash.com. You will not get an accurate picture, but it's about will know.

mocacinno

legendary

Activity: 3584

Merit: 5243

https://merel.mobi => buy facemasks with BTC/LTC

Quote from: yishak on September 16, 2017, 03:38:32 AM

Also how much can I expect to earn per day also how much kW per day will mining take?

Depends on:
- Your infrastructure
- how much you can invest in hardware
- wether you'll mine btc or altcoins

There is no way of answering you straight up, if you have a suitable mining room (shelves, cooling, network, wiring) and a million to invest you'll get a completely different answer than when you'll be placing an asic in your living room and have a budget of 500 bucks.

yishak

full member

Activity: 269

Merit: 100

Also how much can I expect to earn per day also how much kW per day will mining take?

Topic: Fees are 0.06$ in my country. Should i start mining? (Read 736 times)