How Much Power to mine 1 Btc a day. - page 2.

RishabhTegra

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Quote from: Amph on April 07, 2016, 04:19:05 AM

Quote from: RishabhTegra on April 07, 2016, 03:34:11 AM

I am setting up a private Bitcoin miner with my few friends.

We are planning to setup a 180Ths power mining rig.
Can we make enough bitcoins in a month.

according to the caluclators you would earn 0.54 btc per month, minus electricity, it's all about electricity and initial investments

what the fuck!!!!!
only 0.54 btc per month.

hardware cost is all alone 45,000$ worth!

Lol, we will end up i huge loss.

amacar2

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From here: http://www.amazon.com/Antminer-~4-73TH-25W-Bitcoin-Miner/dp/B014OGCP6W
It cost around 900$+ to setup a mining with one antminer s7 and we will earn 0.014BTC = around 6$ per day - 2$ for electricity bill = 4$ profit in a day so it will take more than 200 days to get our investment back which will be soon 400 days after halving.

Feels quite not-profitable.

Amph

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Quote from: RishabhTegra on April 07, 2016, 03:34:11 AM

I am setting up a private Bitcoin miner with my few friends.

We are planning to setup a 180Ths power mining rig.
Can we make enough bitcoins in a month.

according to the caluclators you would earn 0.54 btc per month, minus electricity, it's all about electricity and initial investments

RishabhTegra

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Activity: 139

Merit: 100

I am setting up a private Bitcoin miner with my few friends.

We are planning to setup a 180Ths power mining rig.
Can we make enough bitcoins in a month.

npredtorch

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Quote from: DannyHamilton on April 06, 2016, 02:28:48 PM

Quote from: RishabhTegra on April 06, 2016, 12:43:32 PM

in hashing power.
Thank you

At current difficulty?

Approximately 359880210000000 hash per second for the entire day. That's 359.88 terahash per second for 86400 seconds.

That's a total of about 31093650000000000000 hashes (31.094 exahash) calculated per 1 BTC generated.

Take the number of hashes you are able to generate per second and divide 31093650000000000000 by that number of hashes. The result is the approximate number of seconds it will take you to generate 1 BTC.

Take the number of seconds you want to spend generating 1 BTC and divide 31093650000000000000 by that number of seconds. The result is the approximate hash rate (hashes per second) that you need to have if you want to generate bitcoins that fast.

Numberss.. Math lol haha. OP , it depends on your hardware that will be using, s7 will do the job if you have enough power/money to bring on first.

spendabit

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Quote from: DannyHamilton on April 06, 2016, 02:28:48 PM

Quote from: RishabhTegra on April 06, 2016, 12:43:32 PM

in hashing power.
Thank you

At current difficulty?

Approximately 359880210000000 hash per second for the entire day. That's 359.88 terahash per second for 86400 seconds.

That's a total of about 31093650000000000000 hashes (31.094 exahash) calculated per 1 BTC generated.

Take the number of hashes you are able to generate per second and divide 31093650000000000000 by that number of hashes. The result is the approximate number of seconds it will take you to generate 1 BTC.

Take the number of seconds you want to spend generating 1 BTC and divide 31093650000000000000 by that number of seconds. The result is the approximate hash rate (hashes per second) that you need to have if you want to generate bitcoins that fast.

That's gigantic. Is this even achievable outside of a mine farm?

DannyHamilton

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Quote from: RishabhTegra on April 06, 2016, 12:43:32 PM

in hashing power.
Thank you

At current difficulty?

Approximately 359880210000000 hash per second for the entire day. That's 359.88 terahash per second for 86400 seconds.

That's a total of about 31093650000000000000 hashes (31.094 exahash) calculated per 1 BTC generated.

Take the number of hashes you are able to generate per second and divide 31093650000000000000 by that number of hashes. The result is the approximate number of seconds it will take you to generate 1 BTC.

Take the number of seconds you want to spend generating 1 BTC and divide 31093650000000000000 by that number of seconds. The result is the approximate hash rate (hashes per second) that you need to have if you want to generate bitcoins that fast.

Yakamoto

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It all comes down to the miner you're using and how efficient it is (and luck somewhat).

Assuming you have some of the top-tier miners, it can be nearly 90 or 100 kwh. Having multiple miners amplifies this number (as you should be able to guess).

Amph

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Quote from: ~Bitcoin~ on April 06, 2016, 01:21:12 PM

Quote from: Amph on April 06, 2016, 01:01:00 PM

it depend, with asic, you need 70 s7 antminer, which is 1200w per 70 = 84kw/h

with gpu one rig of six gpu consuming 1kw earn you 0.05 so 20kw/h

Oh is that calculation for s7 correct? i calculated it will be only 182$ electric bill here for 84kw/h power for 24 hour so profit will be 420-182$ = 237 around.

If this is true i should try with one s7.

yes 1 s7 is 0.014 btc daily with 1200w per hour, so you need 84kw per hour to sustain 70 of those

currently gpu are far better by a ratio of 4:1

~Bitcoin~

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Quote from: Amph on April 06, 2016, 01:01:00 PM

it depend, with asic, you need 70 s7 antminer, which is 1200w per 70 = 84kw/h

with gpu one rig of six gpu consuming 1kw earn you 0.05 so 20kw/h

Oh is that calculation for s7 correct? i calculated it will be only 182$ electric bill here for 84kw/h power for 24 hour so profit will be 420-182$ = 237 around.

If this is true i should try with one s7.

Amph

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Activity: 3248

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it depend, with asic, you need 70 s7 antminer, which is 1200w per 70 = 84kw/h

with gpu one rig of six gpu consuming 1kw earn you 0.05 so 20kw/h

RishabhTegra

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Activity: 139

Merit: 100

i wanna know: How Much Power to mine 1 Btc a day.
in hashing power.
Thank you

Topic: How Much Power to mine 1 Btc a day. - page 2. (Read 11629 times)