Stephen - you not responding to PMs again man?
Topic: Newbie mining expectation question. (Read 752 times)
Thanks, I actually read about that. I was actually just wondering what kind of profits were being made currently and what future profits for individual miners might be.
I don't ever intend on mining!
I don't ever intend on mining!
I have three question all on the fictious bitcoin miner. (maybe someone who can put $1500-$2500 USD into hardware)
What would an average BTC yield be per month, day, or week for a solo gpu miner?
What would an average BTC yield be per month, day, or week for a solo gpu miner?
If you weren't aware, in a little over three weeks GPU mining ends:
- http://www.BitcoinClock.com
Well, GPU mining itself doesn't end, just doing so for profit ends.
The block reward subsidy drops to 25 BTC (from 50 BTC): As a result, mining revenue drops in half.
So break-even drops from somewhere around the twenty-two cent per kWh range for the average GPU miner down to eleven cents.
So unless you get electricity for free or maybe seven cents per kWh or less, then if you are mining today then in three weeks you should power off your GPU and find a new hobby.
And if the block reward subsidy drop weren't enough ..., once ASICs start to ship, difficulty will be doing much more than doubling so this would have happened either way, but now ASICs even compound it, where three cent per kWh won't be enough to mine profitably with GPU.
Sorry ....
GPU mining for bitcoins is very soon about to become a money-losing proposition just as CPU mining is today.
I have three question all on the fictious bitcoin miner. (maybe someone who can put $1500-$2500 USD into hardware)
What would an average BTC yield be per month, day, or week for a solo gpu miner?
What would an average be for a miner participating in a gpu pool?
And last what about solo and pool yields using Acis?
I apologize if this information is already out there but I can't seem to find it. Note: Please give me yields unadjusted for electric usage
What would an average BTC yield be per month, day, or week for a solo gpu miner?
What would an average be for a miner participating in a gpu pool?
And last what about solo and pool yields using Acis?
I apologize if this information is already out there but I can't seem to find it. Note: Please give me yields unadjusted for electric usage
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