Range of cost of mining ONE BTC ? | Bitcointalksearch.org

qwerty555

sr. member

Activity: 405

Merit: 250

Thanks...very helpful..Is the theory and what people are actually achieving the same ?

mjc

hero member

Activity: 588

Merit: 500

Available on Kindle

First you need to know how much MHash you need.

http://bitcoinsbs.wordpress.com/2013/01/16/how-much-mhash-does-it-take-to-mine-1-btc/

then you need to know the equipment you'll use to get the BTC you want in the time frame you want.
https://en.bitcoin.it/wiki/Mining_hardware_comparison

Flatlinezor

member

Activity: 84

Merit: 10

Funny quote

Mate, by the time you typed it in you could have googled a calculator, AND do the math yourself, customized... :/

There you go! http://lmgtfy.com/?q=bitcoin+mining+calculator

qwerty555

sr. member

Activity: 405

Merit: 250

Could members offer an estimate of the average cost of mining ONE BTC at current difficulty.

Please include
1 estimate of power used (In $ in ur location and kwh as power costs vary from country to country)

2 cost of rig and maintenance/ repair ( maybe use 5 yrs to depreciate it 100%)

3 any other running costs

This does not have to be exact..I am looking for a ball park figure and large variations.

Thanks

Ps If your busy I will do the Math if you have figures for larger numbers of BTC mined

Topic: Range of cost of mining ONE BTC ? (Read 987 times)