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New Miners: it's NOT profitable to build a rig today -- a more realistic calculator

Every day on the bitcoin irc channels, I hear people talk about the profitability of mining according to some calculator.
Lets face it: The easy money came and went a couple months ago and the gold rush is over.
I hate to see people deluded by false information, because of calculators that don't take into account the rising difficulty.
Here's a more realistic calculator for 1 GH/s if someone were to build a mining rig today, and the price remained constant. It accounts for a 25% difficulty increase each period, which is reasonable.
Link: A More Realistic Mining Calculator
Don't enable "Predict exchange rate", because that part is seriously flawed.
So please, save your money. Don't throw it away on a rig that probably won't be able to recuperate its original value.
submitted by vigilyn to Bitcoin [link] [comments]

I have a few Bitcoin Mining questions...

I decided to look into Bitcoins and Bitcoin Mining a few days ago and tonight I decided to install BitMinter and get my feet a little wet. So far I'm seeing a hash rate of between 1.29 Mhps and 1.65 Mhps. I'm aware this is very low, but how low? Am I looking at roughly 1 Bitcoin per day at this rate? If I wanted to turn a profit on Bitcoin Mining over my investment within, say, one to three months, what sort of upfront investment in hardware would I be looking at? And what hardware would you guys recommend?
Found this calc:
submitted by oakley56fila to BitcoinMining [link] [comments]

USI Tech Calculator google sheet Bitcoin Miner Asic overclock of 333 MHPs at 447 MHPs - eflose #330 IMPORTJSON Function - Google Sheets Tutorial - How to ... شوفو معنا اشتا في/ كيمادو/الحسيمة Alhoceima YouTube

Bitcoin Mining Calculator. Got your shiny new ASIC miner? Wondering when it will pay off? If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month). It will not attempt to extrapolate difficulty or price changes -- it provides only instantaneous calculations (how much you'd make if all ... To use this calculator just input your mining hardware hashing power and it will automatically convert to all other units. For example the current network hashrate of Bitcoin is 140 EH/s (Exa hashes per second). To convert this value in to TeraHash or PetaHash or GigaHash you can use this tool. So why convert? For instance lets say you have an ASIC miner which is capable of delivering 14 TH/s ... Find Bitcoin ATM locations easily with our Bitcoin ATM Map. For many Bitcoin machines online rates are available. Producers. Genesis Coin (4080) General Bytes (3362) BitAccess (1106) Coinsource (731) Lamassu (543) All producers; Countries. United States (9178) Canada (920) United Kingdom (286) Austria (148) Spain (104) All countries; More. Find bitcoin ATM near me; Submit new ATM; Submit ... Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware.

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