How much would I earn per day mining scrypt @ 1,000 MH (1GH/s) ?

grendel25

legendary

Activity: 2296

Merit: 1031

Quote from: b0oMeR on May 03, 2014, 04:42:19 PM

Quote from: gentacomp on May 03, 2014, 12:27:08 PM

Quote from: fourhundredapm on May 03, 2014, 03:09:29 AM

How much in terms of dollars?

Try use this sir :
https://bitcoinwisdom.com/litecoin/calculator
http://www.coinwarz.com/calculators

Its about 3.107 BTC
OR
$1398 with BTC/USD at $425

Maybe he is investor interisting with less knowledge and dont want to be cheated. Then he ask here, bitcointalk, as one of the biggest knowledge in crytpocurrency so show him that we are. Everyone have their first time...

Quote from: fourhundredapm on May 03, 2014, 10:50:11 AM

Nvm how I have access. Electricity is free so it's pure profit. I don't think I would want to hold altcoins (only btc if holding at all). Im in it for the money.

If I do the deal I'll have access to over 20GH/s scrypt mining. Wonder how many 280x's that equates to? o.O

Dont use vga, use scrypt asic like here :
https://www.kncminer.com/categories/litecoin-mining-hardware

Best advice on this page!
+1!

Yes don't use GPU as those will soon be phased out for majority of mining, Stick to asics to stay ahead of the pack.
You can make your money back easy, if you are bullish on BTC like me. I dont believe BTC should be worth $425, if you have the same belief then you will make ROI.

When people think ROI they shouldn't think USD, they should be thinking BTC its a currency and it holds a separate value than USD. If you wanted to see your real ROI, input what value you think BTC will reach before you sell.
For example if I think BTC will be $800 and I won't liquidate any lower than set $800 as BTC price and see how long ROI will take.

Yeah, stay away from my gpus. /wink

edit: stupid smartphone:::

b0oMeR

newbie

Activity: 42

Merit: 0

Quote from: gentacomp on May 03, 2014, 12:27:08 PM

Quote from: fourhundredapm on May 03, 2014, 03:09:29 AM

How much in terms of dollars?

Try use this sir :
https://bitcoinwisdom.com/litecoin/calculator
http://www.coinwarz.com/calculators

Its about 3.107 BTC
OR
$1398 with BTC/USD at $425

Maybe he is investor interisting with less knowledge and dont want to be cheated. Then he ask here, bitcointalk, as one of the biggest knowledge in crytpocurrency so show him that we are. Everyone have their first time...

Quote from: fourhundredapm on May 03, 2014, 10:50:11 AM

Nvm how I have access. Electricity is free so it's pure profit. I don't think I would want to hold altcoins (only btc if holding at all). Im in it for the money.

If I do the deal I'll have access to over 20GH/s scrypt mining. Wonder how many 280x's that equates to? o.O

Dont use vga, use scrypt asic like here :
https://www.kncminer.com/categories/litecoin-mining-hardware

Best advice on this page!
+1!

Yes don't use GPU as those will soon be phased out for majority of mining, Stick to asics to stay ahead of the pack.
You can make your money back easy, if you are bullish on BTC like me. I dont believe BTC should be worth $425, if you have the same belief then you will make ROI.

When people think ROI they shouldn't think USD, they should be thinking BTC its a currency and it holds a separate value than USD. If you wanted to see your real ROI, input what value you think BTC will reach before you sell.
For example if I think BTC will be $800 and I won't liquidate any lower than set $800 as BTC price and see how long ROI will take.

gentacomp

full member

Activity: 211

Merit: 100

Quote from: fourhundredapm on May 03, 2014, 03:09:29 AM

How much in terms of dollars?

Try use this sir :
https://bitcoinwisdom.com/litecoin/calculator
http://www.coinwarz.com/calculators

Its about 3.107 BTC
OR
$1398 with BTC/USD at $425

Maybe he is investor interisting with less knowledge and dont want to be cheated. Then he ask here, bitcointalk, as one of the biggest knowledge in crytpocurrency so show him that we are. Everyone have their first time...

Quote from: fourhundredapm on May 03, 2014, 10:50:11 AM

Nvm how I have access. Electricity is free so it's pure profit. I don't think I would want to hold altcoins (only btc if holding at all). Im in it for the money.

If I do the deal I'll have access to over 20GH/s scrypt mining. Wonder how many 280x's that equates to? o.O

Dont use vga, use scrypt asic like here :
https://www.kncminer.com/categories/litecoin-mining-hardware

JHammer

member

Activity: 112

Merit: 10

You should make at least a $1 a day..

What kind of dumb ass question is this anyway?

I would have to say if you have to ask this kind of dumb ass question, you should not go into mining at all..

fourhundredapm

newbie

Activity: 41

Merit: 0

Nvm how I have access. Electricity is free so it's pure profit. I don't think I would want to hold altcoins (only btc if holding at all). Im in it for the money.

If I do the deal I'll have access to over 20GH/s scrypt mining. Wonder how many 280x's that equates to? o.O

atc1

sr. member

Activity: 308

Merit: 250

Haha,where are going to get so much hashpower? Do you run a mining farm or something? You wont even get RoI if you plan on mining with GPU's,but maybe in a few months to a year,you'll make RoI on what,scrypt ASIC's. The electricity and the rest is a whole different matter,this needs cooling etc too. So,no,I don't think you'll make back your money even with such a high hashrate. Coinwarz has put you down for $2k/day,if you can find the anyone buying so much,that is.

CoinBuzz

sr. member

Activity: 490

Merit: 250

now is not the right time for mining

b0oMeR

newbie

Activity: 42

Merit: 0

Quote from: grendel25 on May 03, 2014, 04:58:52 AM

Quote from: b0oMeR on May 03, 2014, 04:50:09 AM

Quote from: fourhundredapm on May 03, 2014, 03:09:29 AM

How much in terms of dollars?

The first question to ask is how do you plan to sell your coins.

Are you planning to sell on a day to day basis or are you more interested in mining an altcoin for a month to accumulate and to wait for value to appreciate.

For example if you mine a coin and its value is only 100 satoshis in a month its 1000. For every day you've mined while the difficulty was ~100 satoshi you would've made 10x per day of mining at the end of the 30 days.

He/she will single handedly boost the value of bitcoin with all that buying pressure

haha imagine that on a multipool

))
I have my 3.5mh just drolling at 1000

grendel25

legendary

Activity: 2296

Merit: 1031

Quote from: b0oMeR on May 03, 2014, 04:50:09 AM

Quote from: fourhundredapm on May 03, 2014, 03:09:29 AM

How much in terms of dollars?

The first question to ask is how do you plan to sell your coins.

Are you planning to sell on a day to day basis or are you more interested in mining an altcoin for a month to accumulate and to wait for value to appreciate.

For example if you mine a coin and its value is only 100 satoshis in a month its 1000. For every day you've mined while the difficulty was ~100 satoshi you would've made 10x per day of mining at the end of the 30 days.

He/she will single handedly boost the value of bitcoin with all that buying pressure

grendel25

legendary

Activity: 2296

Merit: 1031

How much you paying for all that hash power?

b0oMeR

newbie

Activity: 42

Merit: 0

Quote from: fourhundredapm on May 03, 2014, 03:09:29 AM

How much in terms of dollars?

The first question to ask is how do you plan to sell your coins.

Are you planning to sell on a day to day basis or are you more interested in mining an altcoin for a month to accumulate and to wait for value to appreciate.

For example if you mine a coin and its value is only 100 satoshis in a month its 1000. For every day you've mined while the difficulty was ~100 satoshi you would've made 10x per day of mining at the end of the 30 days.

grendel25

legendary

Activity: 2296

Merit: 1031

Quote from: dspair on May 03, 2014, 04:42:38 AM

1600$

Lol one million dollars. /Dr evil

dspair

sr. member

Activity: 266

Merit: 250

1600$

grendel25

legendary

Activity: 2296

Merit: 1031

So many things to factor into this complex equation. How much does your electricity cost? How much power does your rig use? You could make any where from none to $5 or more dollars per day depending on bitcoin value and success of mining.

Oops... I read that wrong. Well...you would make a lot of money with that lol

yogibaer

legendary

Activity: 1131

Merit: 1001

Compare the results of several multipools BTC / MHash / day or check coinwarz.com (that's curently about 0.003 - 0.005 BTC average) and multiply that with the BTC price. For 1 GH it's a 1000 times that amount ;-)

fourhundredapm

newbie

Activity: 41

Merit: 0

How much in terms of dollars?

Topic: How much would I earn per day mining scrypt @ 1,000 MH (1GH/s) ? (Read 4623 times)