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Topic: How long to mine 1.0 BTC ? (Read 3152 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
November 22, 2014, 12:19:33 PM
#25
You could probably get 0.000001btc per day which takes forever to reach 1btc. Give up the idea of mining bitcoin with GPU, that is what I am saying.


it doesn't stay consistent as the profitability goes down

GPU has been down so long most have sold their cards.  It's sad but chances are you can sell off cards and buy BTC and you will get more BTC then it would ever mine.

For BTC mining you just have to use a asic now.

Have to think this is the case selling the gpu for btc would certainly be best.
legendary
Activity: 1456
Merit: 1000
November 17, 2014, 06:38:07 PM
#24
You could probably get 0.000001btc per day which takes forever to reach 1btc. Give up the idea of mining bitcoin with GPU, that is what I am saying.


it doesn't stay consistent as the profitability goes down

GPU has been down so long most have sold their cards.  It's sad but chances are you can sell off cards and buy BTC and you will get more BTC then it would ever mine.

For BTC mining you just have to use a asic now.
sr. member
Activity: 495
Merit: 250
November 17, 2014, 09:41:19 AM
#23
You could probably get 0.000001btc per day which takes forever to reach 1btc. Give up the idea of mining bitcoin with GPU, that is what I am saying.


it doesn't stay consistent as the profitability goes down
full member
Activity: 196
Merit: 100
November 17, 2014, 09:29:43 AM
#22
Probably it will take you some years to mine bitcoins using GPU as difficulty factor is increasing day by day.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
November 17, 2014, 09:19:49 AM
#21
According to https://alloscomp.com/bitcoin/calculator, it would take you (wait for it....) years to mine a whole bitcoin using that GPU. Isn't it surprising? Hahaha!
The result only tells you to not mine bitcoins using a GPU. :3
hero member
Activity: 767
Merit: 500
November 16, 2014, 06:05:49 PM
#20
Hi, could someone give me a rough estimate on how long one would have to mine to achieve 1 bitcoin ?

Say the scenario/setup is as follows:

- 7970 GPU (500 avg Mhash/s)
- 24/7 operation
- Slush's pool (or similar)

Thank you

I am thinking it would be measured in light years...

just to let you know, 1 light year is exactly 1 year, and you will be 9460730472580800 metres away

You are right!  Cheesy


unless you count the meters as difficulty, then i'll probably accept that Cheesy
legendary
Activity: 1232
Merit: 1000
November 16, 2014, 06:01:46 PM
#19
Hi, could someone give me a rough estimate on how long one would have to mine to achieve 1 bitcoin ?

Say the scenario/setup is as follows:

- 7970 GPU (500 avg Mhash/s)
- 24/7 operation
- Slush's pool (or similar)

Thank you

I am thinking it would be measured in light years...

just to let you know, 1 light year is exactly 1 year, and you will be 9460730472580800 metres away

You are right!  Cheesy
hero member
Activity: 767
Merit: 500
November 16, 2014, 05:55:25 PM
#18
also, you need about 3000GH/s to get 1BTC in about a months time
hero member
Activity: 767
Merit: 500
November 16, 2014, 05:51:58 PM
#17
Hi, could someone give me a rough estimate on how long one would have to mine to achieve 1 bitcoin ?

Say the scenario/setup is as follows:

- 7970 GPU (500 avg Mhash/s)
- 24/7 operation
- Slush's pool (or similar)

Thank you

I am thinking it would be measured in light years...

just to let you know, 1 light year is exactly 1 year, and you will be 9460730472580800 metres away
legendary
Activity: 1232
Merit: 1000
November 16, 2014, 05:46:04 PM
#16
Hi, could someone give me a rough estimate on how long one would have to mine to achieve 1 bitcoin ?

Say the scenario/setup is as follows:

- 7970 GPU (500 avg Mhash/s)
- 24/7 operation
- Slush's pool (or similar)

Thank you

I am thinking it would be measured in light years...
full member
Activity: 168
Merit: 100
November 16, 2014, 03:37:24 PM
#15
Dont mine, sell your gpu and buy BTC
sr. member
Activity: 294
Merit: 250
November 15, 2014, 06:51:12 AM
#14
Don't mine BTC better mine random altcoins. your equipment will give up before you can mine a 1btc
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
November 14, 2014, 05:33:14 AM
#13
I made a VERY rough estimation and the result is over 350 years. And halving is not counted!!
newbie
Activity: 28
Merit: 0
November 14, 2014, 05:16:14 AM
#12
use one of the above mentioned calculators, it will be a very long time.
newbie
Activity: 28
Merit: 0
November 14, 2014, 12:07:41 AM
#11
Gpu mining directly for Btc is obsolete now, unfortunately.
legendary
Activity: 1456
Merit: 1000
November 13, 2014, 12:23:38 AM
#10
Hi, could someone give me a rough estimate on how long one would have to mine to achieve 1 bitcoin ?

Say the scenario/setup is as follows:

- 7970 GPU (500 avg Mhash/s)
- 24/7 operation
- Slush's pool (or similar)

Thank you

The answer is never for GPU. You need many Th/s for that.

Very true now GPU is not profitable for most.  I sold all mine and bought coins then asics.   

1 gpu will never make 1 btc (i think safe to say) as of now.  (Small exception you happen to mine launch some asic resistant coin, and with A LOT of luck it goes up a lot)
sr. member
Activity: 259
Merit: 250
November 12, 2014, 11:02:38 PM
#9
Hi, could someone give me a rough estimate on how long one would have to mine to achieve 1 bitcoin ?

Say the scenario/setup is as follows:

- 7970 GPU (500 avg Mhash/s)
- 24/7 operation
- Slush's pool (or similar)

Thank you

The answer is never for GPU. You need many Th/s for that.
sr. member
Activity: 728
Merit: 256
November 12, 2014, 05:22:53 PM
#8
Thanks for the links.

1st one showed me a near 0.1 TBC monthly gain, 2nd near 0.2.

Not sure I did this right but does 6-12 months for 1 coin sound about right?
You could probably get 0.000001btc per day which takes forever to reach 1btc. Give up the idea wot mining buffoon with GPU, that is what I am saying.
Yeah pal I'm not planning to mine with the GPU(nor at all really), just curious.

0.1 BTC monthly is for 500 GHs, not 500 MHs. Days of mining from home is over. Try cloud mining.
legendary
Activity: 1974
Merit: 1003
November 12, 2014, 11:44:15 AM
#7
Hi, could someone give me a rough estimate on how long one would have to mine to achieve 1 bitcoin ?

Say the scenario/setup is as follows:

- 7970 GPU (500 avg Mhash/s)
- 24/7 operation
- Slush's pool (or similar)

Thank you

a few years i guess ...
newbie
Activity: 42
Merit: 0
November 12, 2014, 06:33:41 AM
#6
Thanks for the links.

1st one showed me a near 0.1 TBC monthly gain, 2nd near 0.2.

Not sure I did this right but does 6-12 months for 1 coin sound about right?
You could probably get 0.000001btc per day which takes forever to reach 1btc. Give up the idea wot mining buffoon with GPU, that is what I am saying.
Yeah pal I'm not planning to mine with the GPU(nor at all really), just curious.
Try mining scrypt11 in multipools which pay in BTC. You will earn alot more Wink
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