This was a great poll! Interesting how we ended up on the "low" end of the scale for possibilities!
If BTC was $5K per coin those higher values would have some merit.
But since we are under $300 power draw/efficiency matters more.
Compared to a year ago:
Avalons are long obsolete @ 10W/GH
S1s which were BRAND NEW a year ago @ 2W/GH are not profitable now for most people.
Only the newest stuff that draws about a half-watt per GH can hope to be profitable with cheap power.
Topic: How Many TH will you need to mine 1 BTC per month in January 2015? (Read 26986 times)
January 26, 2015, 07:12:07 PM
January 26, 2015, 08:40:18 AM
Does really Jupiter is so useless right now ?
yes since an s-3 does 450-500gh for 350-400 watts.
So if you have a need for space heating s-3's are a far better choice.
January 26, 2015, 08:31:43 AM
I voted 50TH simply because right now you need that to make around 1BTC per day or more and with ever growing diff spikes and more bigger units and corporate company's driving the diff up am sure it will be at that point needing 50TH to even make 1BTC a month sometime this year. Making 1BTC a month is worthless with market prices where they are at now and the amount of energy used to mine 1BTC in a month.
You might as well go mine BURSTCOIN with your hard drive and if you have about 100TB you will make over 1BTC per month might take a fair wack to go grab 100TB that is 20x4TB hard drives and can simply build up bit by bit would cost the same of a 2TH or 3TH unit and you have yourself plenty of storage left over and can sell the hard drives on after if not needing for anything else after when the coin diff gets too much. Right now I have about 10TB making 58,241 Burst per month or their about the equivalent to 0.116 BTC so having 100TB will yield 1.16BTC per month. And with the way it is progressing the prices are gradually increasing to because it is one of a kind crypto compared to all the other alts going out their.
BTC and asic mining is over unless you got some serious TH or soon to be PH mining power and free energy to run.
You might as well go mine BURSTCOIN with your hard drive and if you have about 100TB you will make over 1BTC per month might take a fair wack to go grab 100TB that is 20x4TB hard drives and can simply build up bit by bit would cost the same of a 2TH or 3TH unit and you have yourself plenty of storage left over and can sell the hard drives on after if not needing for anything else after when the coin diff gets too much. Right now I have about 10TB making 58,241 Burst per month or their about the equivalent to 0.116 BTC so having 100TB will yield 1.16BTC per month. And with the way it is progressing the prices are gradually increasing to because it is one of a kind crypto compared to all the other alts going out their.
BTC and asic mining is over unless you got some serious TH or soon to be PH mining power and free energy to run.
I have a question about burst coin.
I have lots of hdds say 24tb easy more like 30tb. I could set up a mac with them. does burst work with mac?
January 20, 2015, 03:20:02 PM
It's crazy to think it costs roughly 3 Bitmain Antminer S5's to generate 1 BTC a month. Each S5 costs 1.5 BTC, so about 4.5 BTC just to mine back 1 BTC in one month, not even factoring electrical costs, should tell you all you need to know right now about the state of mining.
Man, do I wish I had a Hot Tub Time Machine so I could mine with CPU's....
Man, do I wish I had a Hot Tub Time Machine so I could mine with CPU's....
It's actually a little worse than that since each Antminer S5 needs a power supply. Many folks already have those, but many do not. I'll bet PSU's would add almost another BTC to the cost (for the three S5's).
January 20, 2015, 11:32:20 AM
It's crazy to think it costs roughly 3 Bitmain Antminer S5's to generate 1 BTC a month. Each S5 costs 1.5 BTC, so about 4.5 BTC just to mine back 1 BTC in one month, not even factoring electrical costs, should tell you all you need to know right now about the state of mining.
Man, do I wish I had a Hot Tub Time Machine so I could mine with CPU's....
Man, do I wish I had a Hot Tub Time Machine so I could mine with CPU's....
January 18, 2015, 07:04:24 PM
I voted 50TH simply because right now you need that to make around 1BTC per day or more and with ever growing diff spikes and more bigger units and corporate company's driving the diff up am sure it will be at that point needing 50TH to even make 1BTC a month sometime this year. Making 1BTC a month is worthless with market prices where they are at now and the amount of energy used to mine 1BTC in a month.
You might as well go mine BURSTCOIN with your hard drive and if you have about 100TB you will make over 1BTC per month might take a fair wack to go grab 100TB that is 20x4TB hard drives and can simply build up bit by bit would cost the same of a 2TH or 3TH unit and you have yourself plenty of storage left over and can sell the hard drives on after if not needing for anything else after when the coin diff gets too much. Right now I have about 10TB making 58,241 Burst per month or their about the equivalent to 0.116 BTC so having 100TB will yield 1.16BTC per month. And with the way it is progressing the prices are gradually increasing to because it is one of a kind crypto compared to all the other alts going out their.
BTC and asic mining is over unless you got some serious TH or soon to be PH mining power and free energy to run.
You might as well go mine BURSTCOIN with your hard drive and if you have about 100TB you will make over 1BTC per month might take a fair wack to go grab 100TB that is 20x4TB hard drives and can simply build up bit by bit would cost the same of a 2TH or 3TH unit and you have yourself plenty of storage left over and can sell the hard drives on after if not needing for anything else after when the coin diff gets too much. Right now I have about 10TB making 58,241 Burst per month or their about the equivalent to 0.116 BTC so having 100TB will yield 1.16BTC per month. And with the way it is progressing the prices are gradually increasing to because it is one of a kind crypto compared to all the other alts going out their.
BTC and asic mining is over unless you got some serious TH or soon to be PH mining power and free energy to run.
January 18, 2015, 04:53:11 AM
Does really Jupiter is so useless right now ?
January 18, 2015, 01:28:51 AM
Useless unless electricity is less than .07 and 3% diff jumps.
But can use as space heater in cold times
January 17, 2015, 05:55:16 PM
It's certainly interesting to revisit this a year later, especially to see how completely wrong the majority of us were. It seems I was off by a factor of ~9.
Close.
With an average difficulty this month of around 42.5 billion (averaging past, current, and predicted difficulties), and with January having 2,678,400 seconds, the hashrate necessary to generate BTC1.0 is 2.726047 TH/s (ignoring pool variance).
Very interesting. Back when this thread was created having even only 1 TH would have made you 20 BTC in a month (before taking into consideration electric costs). Machines at that efficiency were selling for thousands of dollars. People were making money by buying up preorders, never mining with them and reselling them at huge markups 2.9146th/s atm 
Close.
With an average difficulty this month of around 42.5 billion (averaging past, current, and predicted difficulties), and with January having 2,678,400 seconds, the hashrate necessary to generate BTC1.0 is 2.726047 TH/s (ignoring pool variance).
January 17, 2015, 03:09:33 PM
It's certainly interesting to revisit this a year later, especially to see how completely wrong the majority of us were. It seems I was off by a factor of ~9.
Close.
With an average difficulty this month of around 42.5 billion (averaging past, current, and predicted difficulties), and with January having 2,678,400 seconds, the hashrate necessary to generate BTC1.0 is 2.726047 TH/s (ignoring pool variance).
2.9146th/s atm
Close.
With an average difficulty this month of around 42.5 billion (averaging past, current, and predicted difficulties), and with January having 2,678,400 seconds, the hashrate necessary to generate BTC1.0 is 2.726047 TH/s (ignoring pool variance).
January 16, 2015, 10:26:40 PM
2.9146th/s atm
January 16, 2015, 09:17:16 PM
Hi Im running at 4.5 TH/s and through Btc guild I earn about 1.5 BTC a month
Hope this helps
Hope this helps
Thanks for the confirmation. I saw the post and was wondering how it would turn out.
January 16, 2015, 02:43:50 PM
Hi Im running at 4.5 TH/s and through Btc guild I earn about 1.5 BTC a month
Hope this helps
Hope this helps
January 30, 2014, 04:43:56 AM
I think Difficulty will be around 15B by then, which means that you'll need a 5 TH/s miner to make 1 btc per month.
You guys are dreaming. Look at the warehouses of rigs and ASICs currently under construction. Anyone with under 50THs will be pushed out the game.
January 29, 2014, 07:21:10 PM
Eleventy billion
One meeeeeeeeellllliiiiooonnnn TH...... 
Both of those made me laugh even though it really feels like that today
January 29, 2014, 11:19:30 AM
I think Difficulty will be around 15B by then, which means that you'll need a 5 TH/s miner to make 1 btc per month.
January 29, 2014, 04:17:38 AM
5TH max i think
January 27, 2014, 12:40:49 PM
I think somewhere between 40 and 100 TH
January 25, 2014, 06:20:15 PM
You had it set for 150TH/s, not GH. And it's also assuming a consistent growth of 78%, which is incredibly unlikely.
January 25, 2014, 05:07:54 PM
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