thanks leowonderful
i will read more about it before starting, but electricity cost in my country is low ($ 0.045), i'm living in Europe, but if strat mining it will be in Algeria, so low energy fee and cold area, USD>DZA make the mining so good, i guess this.
Topic: I need your opinions about Starting to mine bitcoin (Read 582 times)
i used another calculator with difficulty increase of 7% per month
so how you see it now
Unfortunately, difficulty increase isn't linear and it often has large jumps and falls. Seems nice, but just keep in mind it's not completely accurate and I'm guessing you averaged difficulty periods together to get this result. Nice GUI though. Also, the image is disabled for security by the forum, It should show up in this quote. so how you see it now
i used another calculator with difficulty increase of 7% per month
http://uploadpie.com/suqRp
so how you see it now
http://uploadpie.com/suqRp
so how you see it now
Your calculator doesn't seem to take into account difficulty increase.
It is the single most important parameter to calculate profitability over a decent period of time.
Network difficulty increases over time and these days it's pretty rapid. Your gear, even if it's relatively new, will be outdated quickly and you won't have made enough money to cover the cost of your miner.
There are scenarios where you can turn a profit, but I don't see them often these days. Especially if you don't know much about Bitcoin.
It is the single most important parameter to calculate profitability over a decent period of time.
Network difficulty increases over time and these days it's pretty rapid. Your gear, even if it's relatively new, will be outdated quickly and you won't have made enough money to cover the cost of your miner.
There are scenarios where you can turn a profit, but I don't see them often these days. Especially if you don't know much about Bitcoin.
Hi everyone,
i'm a newbie in this forum.
i want to know if it is a good idea To mine bitcoin with this project details:
one or two Antminer S9 13.5 TH/s
electricity cost: between 0.045 $ - 0.055 $.
i calculate my profit for using one antminer S9 on cryptocompare.com/mining/calculator/btc
Hashing Power: 13.5 TH/s
Power consumption (w) :1372
Cost per KW/h ($): $ 0.055
Profit per day $ 7.97
Mined/day Ƀ 0.01263
Week
Profit per week $ 55.81
Mined/week Ƀ 0.08839
Month
Profit per month $ 239.20
Mined/month Ƀ 0.3788
Year
Profit per year $ 2,910.25
Mined/year Ƀ 4.61
I wait your suggestions
thank you
i'm a newbie in this forum.
i want to know if it is a good idea To mine bitcoin with this project details:
one or two Antminer S9 13.5 TH/s
electricity cost: between 0.045 $ - 0.055 $.
i calculate my profit for using one antminer S9 on cryptocompare.com/mining/calculator/btc
Hashing Power: 13.5 TH/s
Power consumption (w) :1372
Cost per KW/h ($): $ 0.055
Profit per day $ 7.97
Mined/day Ƀ 0.01263
Week
Profit per week $ 55.81
Mined/week Ƀ 0.08839
Month
Profit per month $ 239.20
Mined/month Ƀ 0.3788
Year
Profit per year $ 2,910.25
Mined/year Ƀ 4.61
I wait your suggestions
thank you
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