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Topic: How much can I mine with 1Gh ? - page 2. (Read 2643 times)

newbie
Activity: 50
Merit: 0
February 07, 2014, 04:35:36 AM
#20
sign up at cex.io and cloud hash there refferral link in my sig
donator
Activity: 2058
Merit: 1007
Poor impulse control.
February 06, 2014, 09:12:40 AM
#19
If you want to see some nice charts and calculations, try this calculator.
I put in some numbers, to help you start, but for 100gh/s. Look at 'overall', better buy and hodl.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2621404453&dcosts=1083&diff_mincrease=20&blpbtc=25&dhsmhs=100000&diff_mincreasedecrease=3&btcusd=847.66&dpowcon=0&btcusd_mincrease=0&pcost=0.25&calcweeks=32&dleadtime=4&action=calc

This mining calculator doesn't seem to work properly. It predicts a retarget every 12 days regardless of the estimated difficulty change. If difficulty changes by 100%, it will have resulted from a previous 2016 blocks that were solved in 7 days, not 12.

Anyway, it's not too hard to DIY. Copy the google docs spreadsheet from here: http://organofcorti.blogspot.com/2014/02/917-estimating-future-bitcoin-mining.html
sr. member
Activity: 350
Merit: 250
February 05, 2014, 10:03:03 PM
#18
My bitcoin calculator says:

1 GHs = 0 BTC/Day, 0.001 BTC/Week, 0.006 BTC/Month

Go for it, knock yourself out!

That's painful. So in the 30d it should earn around 4.5 (due to increases in difficulty), next month will be 3.75....

Well thnx for all the help here.
The profit is ok for me, and when the product goes live i can post some stats.
What is a good investment now in bitcoins?, when you dont have alot of money?


Straight up Bitcoins are the best way to get involved. The rest is pretty much all speculation; with Bitcoin you're knocking out a lot of the problems that can occur.
sr. member
Activity: 434
Merit: 511
February 05, 2014, 08:30:00 PM
#17
My bitcoin calculator says:

1 GHs = 0 BTC/Day, 0.001 BTC/Week, 0.006 BTC/Month

Go for it, knock yourself out!

That's painful. So in the 30d it should earn around 4.5 (due to increases in difficulty), next month will be 3.75....

Well thnx for all the help here.
The profit is ok for me, and when the product goes live i can post some stats.
What is a good investment now in bitcoins?, when you dont have alot of money?
member
Activity: 84
Merit: 10
February 05, 2014, 08:26:04 PM
#16
About 16.3 cents a day (USD) with 1 GHs, and dropping by about 20% now every 12 days or so.
sr. member
Activity: 350
Merit: 250
February 05, 2014, 06:05:21 PM
#15
My bitcoin calculator says:

1 GHs = 0 BTC/Day, 0.001 BTC/Week, 0.006 BTC/Month

Go for it, knock yourself out!

That's painful. So in the 30d it should earn around 4.5 (due to increases in difficulty), next month will be 3.75....
sr. member
Activity: 448
Merit: 250
February 05, 2014, 05:01:58 PM
#14
My bitcoin calculator says:

1 GHs = 0 BTC/Day, 0.001 BTC/Week, 0.006 BTC/Month

Go for it, knock yourself out!
sr. member
Activity: 350
Merit: 250
February 05, 2014, 02:10:58 PM
#13
Well i dont have any money to buy BTC.
So 10 dollar is only a small investment to try it out.
If I mine any altcoins i get alot right?

SHA256 altcoins are almost worthless (compared to BTC, you won't make more off them). And ASICs can't mine Scrypt.
Somewhat simplified translation of this (correct) statement: your investment can only mine BTC, not altcoins.

Ah yes it can only mine bitcoin, but peercoin is a possibility to ?
And I think peercoin is going to do good to because of the low energy costs?


Hit-and-miss. With SHAs, I think Bitcoin is going to remain on top. This could change later, but that's pure speculation and different people have their own views.
sr. member
Activity: 266
Merit: 250
February 05, 2014, 01:04:52 PM
#12
Hello everyone,
I pre ordered this product https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
How much can I mine with such a product?
Would multipool be the best option?
And should I trade in the alt coins I mined for bitcoins at the end of the day?
Thnx


well next time do more research before throwing your money to toilet.

you didn't bought product, you bought hashing power.

you can't point that to any other pool but to BFL private pool.

also 1gh is worthless.
hero member
Activity: 539
Merit: 517
February 05, 2014, 10:41:14 AM
#11
Quote
This is a Pre-Order product which is not yet live.  [...] contracts purchased now will begin to be served in the March 2014 time frame.
I laughed so hard.
hero member
Activity: 630
Merit: 500
February 05, 2014, 08:13:37 AM
#10
Ok. Don't forget that we can only speculate on future diff increase. Try some values, for optimistic and pesimistic outcome on hashrate increase, and decide for yourself if or how to invest.
hero member
Activity: 630
Merit: 500
February 05, 2014, 08:02:26 AM
#9
With this mining contracts I think you don't have control over hardware, what pool, and what coin to mine. They will be mining btc, and your amount will be calculated acording to hashrate you bought.
sr. member
Activity: 308
Merit: 250
February 05, 2014, 07:01:35 AM
#8
sr. member
Activity: 434
Merit: 511
February 05, 2014, 06:55:27 AM
#7
Well i dont have any money to buy BTC.
So 10 dollar is only a small investment to try it out.
If I mine any altcoins i get alot right?

SHA256 altcoins are almost worthless (compared to BTC, you won't make more off them). And ASICs can't mine Scrypt.
Somewhat simplified translation of this (correct) statement: your investment can only mine BTC, not altcoins.

Ah yes it can only mine bitcoin, but peercoin is a possibility to ?
And I think peercoin is going to do good to because of the low energy costs?

If you want to see some nice charts and calculations, try this calculator.
I put in some numbers, to help you start, but for 100gh/s. Look at 'overall', better buy and hodl.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2621404453&dcosts=1083&diff_mincrease=20&blpbtc=25&dhsmhs=100000&diff_mincreasedecrease=3&btcusd=847.66&dpowcon=0&btcusd_mincrease=0&pcost=0.25&calcweeks=32&dleadtime=4&action=calc

Ok thnx man ill check it out
hero member
Activity: 630
Merit: 500
February 05, 2014, 06:28:25 AM
#6
If you want to see some nice charts and calculations, try this calculator.
I put in some numbers, to help you start, but for 100gh/s. Look at 'overall', better buy and hodl.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2621404453&dcosts=1083&diff_mincrease=20&blpbtc=25&dhsmhs=100000&diff_mincreasedecrease=3&btcusd=847.66&dpowcon=0&btcusd_mincrease=0&pcost=0.25&calcweeks=32&dleadtime=4&action=calc
member
Activity: 92
Merit: 10
February 05, 2014, 05:30:52 AM
#5
Well i dont have any money to buy BTC.
So 10 dollar is only a small investment to try it out.
If I mine any altcoins i get alot right?

SHA256 altcoins are almost worthless (compared to BTC, you won't make more off them). And ASICs can't mine Scrypt.
Somewhat simplified translation of this (correct) statement: your investment can only mine BTC, not altcoins.
sr. member
Activity: 350
Merit: 250
February 05, 2014, 02:27:51 AM
#4
Well i dont have any money to buy BTC.
So 10 dollar is only a small investment to try it out.
If I mine any altcoins i get alot right?

SHA256 altcoins are almost worthless (compared to BTC, you won't make more off them). And ASICs can't mine Scrypt.
sr. member
Activity: 434
Merit: 511
February 04, 2014, 03:10:27 PM
#3
Well i dont have any money to buy BTC.
So 10 dollar is only a small investment to try it out.
If I mine any altcoins i get alot right?
full member
Activity: 139
Merit: 100
February 04, 2014, 02:45:00 PM
#2
Keep reading all over... but my advice is to just buy some BTC... mining isn't for the faint of heart and it is very easy to be taken advantage of.

1GH will get you... about nothing.
sr. member
Activity: 434
Merit: 511
February 04, 2014, 11:59:36 AM
#1
Hello everyone,
I pre ordered this product https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
How much can I mine with such a product?
Would multipool be the best option?
And should I trade in the alt coins I mined for bitcoins at the end of the day?
Thnx
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