Author

Topic: How long does it take now to generate a bitcoin? (Read 11208 times)

hero member
Activity: 714
Merit: 503
November 11, 2016, 05:10:53 AM
#8
You can try to mine ZEC,since the price is high now and will yield a good returns with your current hardware
legendary
Activity: 1904
Merit: 1073
You have to deduct the electricity {at your rates} for the mining and the cooling and also a little bit for the internet access. I should say about

1 year, if you lucky or even a little bit less. There are a lot of variables like difficulty that might influence your final outcome. I would not waste

my time to mine 1 or 2 bitcoins in a year. I would rather buy 1 and hoard it for a year and get the same result, with a lot less risk. My return

on investment by buying and hoarding long-term has paid off nicely.  Grin
hero member
Activity: 2646
Merit: 550
In another thread, it was determined it was the same cost of fall/winter/early spring heating, the coins are just added extras.
There is no additional energy cost associated with heating your house with a miner verses heating your house with an electric heater.
legendary
Activity: 1638
Merit: 1046
Are you talking about solo mining or pool mining?
http://www.bitcoinx.com/profit/
https://99bitcoins.com/bitcoin-mining-calculator/
Most of the Bitcoin mining calculators show pool mining with 3.4Ths would generate-
1 day
0.00335776
$2.39

1 week
0.02350433
$16.77

2 weeks
0.04700867
$33.55

3 weeks
0.07051301
$50.33

1 month
0.10073287
$71.90

(That is before electricity costs.)
I'm not sure about solo mining your chance to hit a coin but I'm sure there is someone here who can provide the estimation.
Its too low according to this site https://alloscomp.com/bitcoin/calculator
The result is $68 per month without electricity cost..  with a speed of 3.4 th/s
Its nearly earn by bitmain miner s7 but  3.4 is just like avalon 6 miner has 3.5 th/s i think it is better to buy a bitmain s7 than avalon 6
legendary
Activity: 1274
Merit: 1004
ool mining is the best place but when we need profit then we have to take dome special care on the mining ridge like keeping it at a clean and cold place and it takes about 1week ymto generate some amount of money but mining is not advicable for many users
legendary
Activity: 4354
Merit: 3260
sr. member
Activity: 434
Merit: 250
Are you talking about solo mining or pool mining?
http://www.bitcoinx.com/profit/
https://99bitcoins.com/bitcoin-mining-calculator/
Most of the Bitcoin mining calculators show pool mining with 3.4Ths would generate-
1 day
0.00335776
$2.39

1 week
0.02350433
$16.77

2 weeks
0.04700867
$33.55

3 weeks
0.07051301
$50.33

1 month
0.10073287
$71.90

(That is before electricity costs.)
I'm not sure about solo mining your chance to hit a coin but I'm sure there is someone here who can provide the estimation.
hero member
Activity: 616
Merit: 500
Hi,

I have been out of the scene for a while but still have my two Neptune's. Can someone tell me how much time it would take at 3.4TH/s to mine a bitcoin?

Thanks,
Andrew
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