Topic: How many time until get back my investment? - page 2. (Read 2005 times)

Well, having a dedicated miner is certainly pretty hassle free - plug it in and let it run.  The problem is that most pools you're going to mine on have minimum withdrawal limits.  So, while you might be earning a few thousand satoshi a day from your USB device, it'll be a while before you can actually withdraw your balance .

The problem is scale. There was a time when you could mine from home and be profitable. But now things are at an industrial level and you will need to go big or go home. Look at the picture below and you see your competition. Those are acres of racks containing advanced chips just for mining BTC.

I see...

But I'm not think in profit with mining. I just wanted a fifth provider of satoshis to support my faucet.

I'm having good profit with my faucet and I use to try support its balance getting satoshis from:

1. Signature  campaign
2. Rotator referrals
3. Faucets
4. Publishing Ads on my site

With this 4 fonts I'm getting 50% of the amount spent with my faucet payouts.

The problem is it takes a lot of time to administrate and collect these satoshis.

So my idea is to seek for a fifth font of satoshis but withou the need to spend more time.


Mine with a little USB miner sounds good to me because It doesn't takes me time.

Short answer: not enough to ever cover the cost of the item you purchased.

Long answer: the expected earnings of any mining device is easy to calculate.  In fact there are numerous online mining calculators available for you to use.  You need to keep in mind that there are many factors that will influence the actual earnings.  Calculators only provide you a snapshot of expected earnings given a specific network difficulty.  The simplified version of the formula to calculate expected earnings per day is as follows:
So, assuming that miner hashes at 3.6GH/s, as of right now it's expected daily earnings are:
Therefore, at this network difficulty you would expect that miner to make 0.00002977BTC a day.  At the current exchange rate of $244 USD per BTC, that translates to $0.007 per day.  In other words, you're mining less than a penny a day before you take into account the power costs to run that miner.

Sitck miners at this point are for fun or learning.  They are a cheap way to do this.  say you get a compac from sidehack, you have a nice little lotto device that is fun to play with.  It is best bang for you buck as far as stick mining right now, and fun to play with.

If you want ROI look into larger gear, and make sure to do ROI math.   Some it's possible others it is not.

approximately 0.000029991/day under ideal circumstances, i.e. less than you're getting from all your faucets + sig campaigns + spammery.

0.00002977 BTC per day.
0.01086605 BTC per year, so long as difficulty remains static, which will surely not happen. Far from it. That's $2.65 in an entire year. Not even enough to purchase a mcdonalds sandwich since you live in Brazil and they are heavily taxed, as everything else is.

It would take over 10 years to recoup what you've spent, not counting in electricity, taxes and shipping.
Which means you will not only never recover your investment, but also lose a lot of cash.

As if this isn't enough, you were born in the most tyrannical and enslaved place in the western world, and you will pay nearly 100% on import tax. People don't like to send items to Brazil because it often gets stolen by the brazilian state mail company. Shipping will be expensive. Electricity is one of the highest priced in the western world at >$0.18/wh, because of taxes and government limiting competition.

Your best bet would be generating energy out of generators (or find someone else who has some unused energy from them like I did) - or steal energy. But even after doing so you'd still need one of the newest machines such as the antminer s7. Once you have achieved both, you will need to find a way to import things without being stolen by the government mafia. You will have to figure the first two by yourself as nobody can help you. I'd help you with the latter but I'm also stuck at it (let me know if you can solve it, by importing without taxes or nearly none).

Guys...

I'm a noob in mining.

Could you explain me how many satoshis could I make per hour using the miner bellow?

http://pt.aliexpress.com/item/In-Stock-Btc-Miner-Avalon-Nano-USB-Bitcoin-Miner-3-6GH-s-asicminer-for-bitcoin/2052988452.html?spm=2114.031030708.3.1.qSQIHl&ws_ab_test=201556_1,201527_3_71_72_73_74_75,0_0

Thank you.