Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: Punk2000 on March 23, 2016, 02:20:16 AM



Title: How many TH/s is needed...
Post by: Punk2000 on March 23, 2016, 02:20:16 AM
Hello,

How many TH/s in Genesis Mining/HashFlare/HashOcean, etc, is needed to mine 1 BTC in a lapse of 30 days?

Including maintance fees and everything else


Title: Re: How many TH/s is needed...
Post by: notlist3d on March 23, 2016, 03:01:33 AM
Hello,

How many TH/s in Genesis Mining/HashFlare/HashOcean, etc, is needed to mine 1 BTC in a lapse of 30 days?

Including maintance fees and everything else

If your going to go cloud... go hashnest at this point with bitmain.  Just is only way I would send people at this point.  Even then... I don't suggest cloud due to costs behind most.

I think you are better off buying gear and hosting it somewhere if you cannot mine where you are.  As far as 30 day's..... no one can predict difficulty change exact or even that good over long periods at this point so hard to say.  You can play with it here and see what you need and what difficulty does - https://bitcoinwisdom.com/bitcoin/calculator

But if you need 1 BTC in 30 day's..... I would just buy it.


Title: Re: How many TH/s is needed...
Post by: Amph on March 23, 2016, 07:38:58 AM
10 tera will do it at present, but the diff will kill this aspect quickly, but usually the diff should not increase if the value remian the same and no new gear come in play


Title: Re: How many TH/s is needed...
Post by: Oriannaa on March 23, 2016, 11:27:21 PM
Its better to buy into the bitcoin through your own cheap form.

Cheap forms come from selling something you have like a iphone 5c that has some demand still left and you can get it cheap on ebay or something.

Basically the concept of having gained or acquired next to nothing for back at bitcoin or sold.


Title: Re: How many TH/s is needed...
Post by: cooldgamer on April 03, 2016, 03:59:30 AM
Be careful with cloud mining, many times it will come back to bite you in the ass.  Trying to mine 1 BTC over a month means you're going to have to put in a pretty large investment for very little potential profit.

Buying a TH or two for fun is one thing, but dropping a large amount is something you will most likely regret.


Title: Re: How many TH/s is needed...
Post by: FUBAR-BDHR on April 03, 2016, 04:47:13 AM
Don't forget to take into account the upcoming reward halfing.  You will need at least twice as much then so plan ahead.


Title: Re: How many TH/s is needed...
Post by: notlist3d on April 03, 2016, 05:10:15 AM
Be careful with cloud mining, many times it will come back to bite you in the ass.  Trying to mine 1 BTC over a month means you're going to have to put in a pretty large investment for very little potential profit.

Buying a TH or two for fun is one thing, but dropping a large amount is something you will most likely regret.

Hashnest is only one I would do right now.  Most others are like throwing money out your window you will never see most of it again.  And it's hard on cloud mining.

Anymore I have been suggesting get S7 at coupon price, and finding a hosting center.  You then own the gear which is huge advantage twords end.  It could be a nice little bump in ROI (hopefully ROI at least).