Hello Everyone,
As I have written in the title that I am planning to start Bitcoin Mining so I need good suggestions from everyone who has some experience in this field.
I am planning to start with 1GHS in the beginning but not aware of what return can one GHS generate for me in one month.
Can anyone please tell me how many satoshis of bitcoins can one GHS mine per day and per month?
What is the total cost of mining with 1GHS? Are there any hidden cost like maintenance cost or money transfer charges etc?
What is the best place to cash out my bitcoins and get money instantly in my paypal?
Please suggest.
Thank You
Are you truly thinking about only 1 gigahash? Did you mean 1 terrahash? Maybe I should rephrase this... how much are you looking to spend on your initial hardware investment?
If you were serious about the 1GH/s, if you had that mining for you right now, you could expect to earn 0.00002109
BTC per day, which at current conversion to USD is just about $0.01 a day. Unless your electricity is free, and the hardware you're planning to use was also free, you should really re-think getting into mining. Even if it IS free, you should re-think getting into mining. I'm pretty sure you'd be better off walking around and looking for change on the ground.