how much bitcoin incoming in per month ?

notlist3d

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Quote from: valkir on March 16, 2015, 12:52:06 PM

I have around 3 th and I paid a fix price for electricity (+ solar) So right now im doing fine but like evryone said before mining for home miner is now almost useless, unless you have very cheap electricity.

Im wondering what will happen if all the hashpower get split between 5 or 6 big farm ?

If it does go that way it is scary. Chances are it will be split among the companies producing gear I think.

I am just hoping difficult keeps moving low and btc raises a little bit in price to give home miners a little more time.

What I'm worried about is next time BTC halfs.

valkir

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I have around 3 th and I paid a fix price for electricity (+ solar) So right now im doing fine but like evryone said before mining for home miner is now almost useless, unless you have very cheap electricity.

Im wondering what will happen if all the hashpower get split between 5 or 6 big farm ?

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Possum577 on March 11, 2015, 12:31:44 PM

I have a hard time believing the blanket statements that "it's not possible to make money" mining. I realize it's difficult, time consuming, expensive, etc, but there are still miners out there doing the work. Some operations are getting paid, right? Is just getting increasingly consolidated into fewer and fewer large operations?

I would agree there are many factors. If you have low electricity and can mine year around you have a chance. It also depends on price you bought miner. Every person truly is very different on factors. I still believe ROI can be done, just it is not a set 90 day as it once was. Also factors such as having PSU's and not buying come into play.

I personally have two seasons winter mining and summer mining. Winter I had around 12k watts of gear. Heat was no issue at all. With summer coming I had to get rid of my S3's + 1T dragon and am currently working on my summer setup.

Possum577

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Loose lips sink sigs!

I have a hard time believing the blanket statements that "it's not possible to make money" mining. I realize it's difficult, time consuming, expensive, etc, but there are still miners out there doing the work. Some operations are getting paid, right? Is just getting increasingly consolidated into fewer and fewer large operations?

monbux

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I don't have any physical miners, except for 2 USD miners (I remember how those were on sale for 1 BTC before xD). I just have a thousand ish AMHASH1 shares, those make me a little bit daily.

sloopy

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https://bitcointalk.org/index.php?topic=905210.msg

I perceived it as asking how much each person who would answer makes, and I do not think any serious miner will tell you such.

Many of us home miners are hobbyists and do not expect profit.
Although it would be nice.

There is one profitable model for home miner:
Buy bulk hardware, mine with said hardware for x amount of time, and then sell the hardware for same or more than you paid.

It is happening with the S5 and SP20 right now. People are paying full retail or more.

twister

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Activity: 672

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Still a little confused about the Question.

I came here thinking that he was asking How much BTC is mined per month. As in how much is produced through mining each month.

ToQcHista

member

Activity: 98

Merit: 10

ToQcHista

very mach that will buy GHS, then do not go more profit?

Amph

legendary

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in mining zero, since it's not profitable with my electricity cost, actually i would lose money even if my equipment had done roi

ezeminer

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Lie down. Have a cookie

Quote from: cheekychap on March 07, 2015, 02:17:35 AM

Quote from: ToQcHista on March 06, 2015, 01:57:30 PM

i'm interesed.

how much bitcoin your incoming in per month in mining?

Well , the answer again depends on what miner a person is using. I usually invest in cloudmining, and have purchased around 20 GH/S, and earn around 0.006 BTC permonth, which gives me a ROI pretty soon. I don't like investing a big amount.

Just for obvious reasons because cloudmining has a shady reputation... Many cloundmining operations have gone offline overnight...

cheekychap

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Quote from: ToQcHista on March 06, 2015, 01:57:30 PM

i'm interesed.

how much bitcoin your incoming in per month in mining?

Well , the answer again depends on what miner a person is using. I usually invest in cloudmining, and have purchased around 20 GH/S, and earn around 0.006 BTC permonth, which gives me a ROI pretty soon. I don't like investing a big amount.

odolvlobo

legendary

Activity: 4522

Merit: 3426

Quote from: josef2000 on March 06, 2015, 03:06:37 PM

You now dont really get BTC with mining nowadays, the electricity bills etc are too high and you cant make profit.

You can't make a blanket statement like that. If your electricity is cheap enough you can make a profit after some time, even with a rising difficulty. For example, if you start mining right now with an AntMiner S5, you will break even and start making a profit after 6 months, given these parameters:

Equipment Cost: $418
BTC Price; $275
Power Cost: $0.06 / kWh
Difficulty Increase: 7% per month

Malin Keshar

hero member

Activity: 616

Merit: 500

in mining 0

in signature campaign not much too

with mining nowadays you either get much BTC or 0

josef2000

sr. member

Activity: 280

Merit: 250

Bro, you need to try http://dadice.com

You now dont really get BTC with mining nowadays, the electricity bills etc are too high and you cant make profit.
Everybody now mines Altcoin, most of them that mine Bitcoin have large mining farms or are solo mining(Trying luck to find a 25 btc block)
In terms of making bitcoin, I make roughly 0.03 btc a month for just posting on this forum(sig campaigns).

Ozymandias

sr. member

Activity: 644

Merit: 250

I dont really mine bitcoins but i'm getting 2-5 bitcoins monthly by my sales Tongue

ToQcHista

member

Activity: 98

Merit: 10

ToQcHista

how long time will exist this company ?
i use now this company in mining.

https://bit-x.com/

maku

legendary

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Merit: 1000

Quote from: ToQcHista on March 06, 2015, 02:43:52 PM

bitcoin have a good future?

Bitcoin Price increase ?

Future of bitcoin is bright. People invested too much in it to abandon bitcoin projects along the way. As for predicting bitcoin price nobody will help you. We simply do not know how much bitcoin will cost in the future.

ToQcHista

member

Activity: 98

Merit: 10

ToQcHista

bitcoin have a good future?

Bitcoin Price increase ?

odolvlobo

legendary

Activity: 4522

Merit: 3426

Quote from: ToQcHista on March 06, 2015, 02:30:57 PM

Quote from: odolvlobo on March 06, 2015, 02:27:59 PM

Currently, revenue from mining bitcoins is about 0.32 BTC per TH/s per month.

To determine profit, you must subtract power, cooling and equipment costs, and the mining pool fee.

Please note that as the difficulty rises, the revenue per TH/s will drop.

You can estimate profit here: https://tradeblock.com/mining/

why rise difficulty ?
in TH/s how many GHS is ?

As more people mine and as mining equipment improves, the difficulty increases in order to maintain the block rate at 10 minutes per block. Miners are competing for a fixed block reward, so if other miners increase their capabilities, your share will decrease unless you increase your capability too.

1 TH/s is 1000 GH/s

ToQcHista

member

Activity: 98

Merit: 10

ToQcHista

Quote from: ajareselde on March 06, 2015, 02:34:11 PM

OP was asking how much do we personally make from bitcoin mining, not about profitability of mining itself.
Well i was a middle-big miner, and i rather wouldnt disclose too many details, but in the most profitable time i had mining (in 2013),
i was earning daily more money mining than monthly with my day job i had. Those were the days, but it passed so fast, it was obvious it wouldnt last long,

cheers

same is this on website ? https://bit-x.com/
i now use this website. bitx .

I'm going to will buy how many GHS .

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