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Title: Bitcoin per day into CDN Post by: TruCanadian1234 on November 24, 2016, 05:54:52 AM So ive been reading a tiny amount of articles, and people are saying there generating 100 bitcoin a day... but when I look at the steam store to pay in bitcoin, its says 1 bitcoin is worth 995 CDN $. That means these people are either making seriously over 100,000$ a day???? OR that I'm not understanding this correctly.
I have this, does anyone have a rough estimate of how fast this would generate bit coins? I also have a GTX 1070 card: Processor Intel(R) Core(TM) i7-6700HQ CPU @ 2.60GHz, 2601 Mhz, 4 Core(s), 8 Logical Processor(s) Any wisdom is very appreciated :) Warm Regards. Title: Re: Bitcoin per day into CDN Post by: Herbert2020 on November 24, 2016, 06:16:08 AM So ive been reading a tiny amount of articles, and people are saying there generating 100 bitcoin a day... but when I look at the steam store to pay in bitcoin, its says 1 bitcoin is worth 995 CDN $. That means these people are either making seriously over 100,000$ a day???? OR that I'm not understanding this correctly. where did you see that price and what the hell is CDN? steam store uses bitpay and bitpay uses the current market price which is currently ~$730 for bitcoin. and you don't pay 1BTC instead when you buy a game for $50 value you pay 0.06849315BTC and there is no difference so Steam is earning what they used to earn even after starting to accept bitcoin. Quote I have this, does anyone have a rough estimate of how fast this would generate bit coins? I also have a GTX 1070 card: Processor Intel(R) Core(TM) i7-6700HQ CPU @ 2.60GHz, 2601 Mhz, 4 Core(s), 8 Logical Processor(s) Any wisdom is very appreciated :) Warm Regards. i am no expert in mining but you can no longer mine with your PC, the has rate you get from it is not enough anymore. Title: Re: Bitcoin per day into CDN Post by: dEjAvU97 on November 24, 2016, 08:32:02 AM So ive been reading a tiny amount of articles, and people are saying there generating 100 bitcoin a day... but when I look at the steam store to pay in bitcoin, its says 1 bitcoin is worth 995 CDN $. That means these people are either making seriously over 100,000$ a day???? OR that I'm not understanding this correctly. I think your offer is very good, this new plan or you've run? If we invest our bitcoin, how long for return of investment?I have this, does anyone have a rough estimate of how fast this would generate bit coins? I also have a GTX 1070 card: Processor Intel(R) Core(TM) i7-6700HQ CPU @ 2.60GHz, 2601 Mhz, 4 Core(s), 8 Logical Processor(s) Any wisdom is very appreciated :) Warm Regards. Title: Re: Bitcoin per day into CDN Post by: valkir on November 24, 2016, 12:42:28 PM So ive been reading a tiny amount of articles, and people are saying there generating 100 bitcoin a day... but when I look at the steam store to pay in bitcoin, its says 1 bitcoin is worth 995 CDN $. That means these people are either making seriously over 100,000$ a day???? OR that I'm not understanding this correctly. I have this, does anyone have a rough estimate of how fast this would generate bit coins? I also have a GTX 1070 card: Processor Intel(R) Core(TM) i7-6700HQ CPU @ 2.60GHz, 2601 Mhz, 4 Core(s), 8 Logical Processor(s) Any wisdom is very appreciated :) Warm Regards. I think you will need to read a little bit more. You cannot mine bitcoin anymore with CPU or GPU and be profitable. You need asic and its a rough business. Read on the forum and you will learn a lot. Good luck and welcome in the bitcoin community! ;D Title: Re: Bitcoin per day into CDN Post by: adaseb on November 24, 2016, 12:51:13 PM He probably read some article dated back to 2009-2010. Back then you could mine 100's of coins a day and trade it all for a penny.
Title: Re: Bitcoin per day into CDN Post by: Zadicar on November 24, 2016, 04:39:49 PM So ive been reading a tiny amount of articles, and people are saying there generating 100 bitcoin a day... but when I look at the steam store to pay in bitcoin, its says 1 bitcoin is worth 995 CDN $. That means these people are either making seriously over 100,000$ a day???? OR that I'm not understanding this correctly. For sure you didnt read it well and I assume you just read the current price of bitcoin on CDN value and the game on steam are just cheap which you will definitely calculate on how much is the equivalent of it on CDN. It doesnt mean they earn 100 bitcoin per day. About mining on PC, its not possible already because of the difficulty on mining bitcoin you will need asic miners to do so.I have this, does anyone have a rough estimate of how fast this would generate bit coins? I also have a GTX 1070 card: Processor Intel(R) Core(TM) i7-6700HQ CPU @ 2.60GHz, 2601 Mhz, 4 Core(s), 8 Logical Processor(s) Any wisdom is very appreciated :) Warm Regards. Title: Re: Bitcoin per day into CDN Post by: -ck on November 25, 2016, 03:57:45 AM Locking this topic. Enough answers. You cannot meaningfully mine bitcoin with a normal PC and you won't earn even 1 cent per day mining with it.
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