Bitcoin Forum

Last year I mining bitcoin using 1THZ power and got 3 - 5$ a day
how about your mining result now? share it here

Just use a calculator and find out yourself.

https://bitcoinwisdom.com/bitcoin/difficulty

I think OP was talking about how much bitcoin (converted in dollars) you are earning daily. Just to share your experience or brag about it. Good job adaseb for shutting him down. :P

Well I'll start, I've got around 235Th and make around 0.24BTC per a day

235 th/s? Then you might be operating a mining farm because acquiring such big terrahashes could only possible if you do have lots of asic miners.Its a good news that you are earning decent amount for everyday basis.In my situations i really like to mine bitcoins but dont have enough money to invest on.

I have a few Antminer S7's and some other small hardware setup in my basement. I have been mining on Slush Pool for a VERY long time (since 2011), but recently started doing 7-day test runs on various different pools. I must say, the results have been VERY interesting and I suggest others who don't have any obligation to one pool or another do the same thing! Keep track of the results, mine continuously for at least 7 or more days to get more accurate data, and then choose the pools you did the best with!

Yes 235Th/s . It's moderately sized. Right now about 18 S9's and planning to grow over time

That is awesome. Since S9 are the most energy efficient BTC miners around, it definitely increases your chance to profit with it. Anyways, I'm glad to see that you are making a plenty amount of BTC per day.

As for me, I make around 0.001 BTC per day by cloud mining Dash at Genesis Mining. It is not much, but at least I'm earning something on the side. Also, I mine coins with my GPUs, but I use cloud mining more since there is no setup or maintenance of equipment required at all.

Nevertheless, I'm always looking forward to increase my chances of making profit with mining BTC or any other crypto currency.  :)

18 S9 is pretty good. Do you mind sharing some pictures and where are you based off? China? Good to hear that your planning to add more miners to your farm. Do they offer discounts to bulk purchases? How much is your total investments and your daily expenses? How much time do you think it will take to ROI?

I am sorry for pestering you with my silly questions. Planning to start a farm someday.

If you have cheap electricity then you have a good chance of getting ROI in a few months is better. But if not, then probably you should invest in something else. The price of electricity is the biggest factor you should consider first. You could also invest in solar panels to lessen costs. But solar panels will require a large capital investment too in addition to your ASIC miners. Good luck to your future farm, hope you can share with us what you're building!

I have 7 TH/s and I get about $ 60,- a month, net

wow its a big hashrate and much of s9, i am sure that you have much of money to make this investment can work for you. i don't have 1THS but its only under 100 GHS and its on the cloud mining, i don't expecting to get much of bitcoin like you, but from the beginning i am mining, i have my ROI before the halving so its not problem for me now if i only get small profit.

This will require a huge cost, but if the income is more promising, will be lighter,

$6.70 gross on 11/THs using PPS.
Trying PPLNS today

A month? looks like different with the cryptocompare's calculation they tell me about $50 for a year with 7TH. I wanna testing his accuracy, may you can provide some explanation about your result.

Interesting to know that you're into cloud mining, This is something i have also considered, but yet to delve into it. How has it been for you?

I only started mining six (6) days ago with an s7 operating at 1TH/s, so far I have confirmed 0.004BTC. There has been a couple hiccups with it however, I dont know why its not running at the recommended 4TH/s.

I got around 0.001 perday with diffrent methods

Ya.. what ever you calculated was wrong.

I have 18th and see 400 a month... so you need to work on your calculator use ;)

Cloud mining is a scam, stay away.

Actually after hashocean scam , I never entered the Mining sites because after hashocean  scam I found that any site can scam you , whether have any trust % .
Since after that I tried some small mining site but they stopped to give payout after completing my return of investment .
Due to these reasons I left everything related to Bitcoin mining .

That fits well enough for me, please can u share ur methods? PM maybe? Everythings it's useful these days haha

I have always been curious about cloud mining, but still have never tried it. Not to get too far off topic, but I have a few questions for you:

1) If you are profiting .001 BTC per day via cloud mining, then why don't you buy 100 times what you currently are & turn that .001 BTC into .1 BTC per day (or even more if you purchase 1,000 times your current)?

2) Is it a cloud mining "contract", or do you just buy hash "on demand"?

3) Have you looked into mining a more profitable coin than DASH, or is that the most profitable coin they offer?

4) Are there or have there been days where you have lost money Cloud Mining?

Appreciate the info and look forward to your reply so I can seriously consider cloud mining myself!   ;)

Its really good and profitable for those persons who are capable to invest huge amounts on making mining farms.Yes, 18x s9 miners will give you profits in no time as long the price of electricity of the said place is low then expect the roi will be much more shorter.Cloud mining are not ideal to make profits and mostly of them are just  scams thats why its not really recommended.

I have always been skeptical about cloud mining because there have been SO many scams in the past! That's why I couldn't believe that moe7865 said he was making a profit of .001 BTC per day from cloud mining. I checked Genesis Mining out after my first post asking him about it, and it looks like the minimum contract is for TWO YEARS - that is a LONG time of praying that prices remain steady to ensure you remain profitable! Not only that, if you read the contract, users are responsible for maintenance and/or repairs of any mining rigs they rent. My consensus - MUCH too risky for me and a bit shady as well (although I have never actually tried it and didn't get too far into the details)..

Good to hear that you are earning good amount on daily basis on mining bitcoin which I do really like to mine too but I don't have any capability to invest on asic miners or any other miners that could able to mine bitcoin since its not really possible to mine bitcoin through GPU. Just as mentioned above about cloudmining sites I don't really like to invest on it because most of them are just a scam.

cloud mining is scam and asic too, because company sell the old technologie !

Buy bitcoin is the best solution

Or mining with Gpu but you need buy your hardware

i kinda agree in some way. But not all not scam, it only give you back little by little depanding on your hashrate

Well, most are, and there's no clear way to tell which ones aren't as you have no control over the miners themselves. Heck, you don't even know if the site even owns em! It's mainly luck, but some more trusted sites like hashnest work pretty well with their hardware redemption system.

I earn approximately 140k satoshi a day. Better than nothing...

But the cost of current S9 batch is much higher and they show that ROI is possible in more than a year (talking about results being shown after halving). So, taking into consideration those 374 days that they show that the miner needs to get ROI, is it still a profitable thing currently even with S9?

how about 120$ a month? I think you will be willing to visit hashnest.com

Hello Mate. can i know how much was your overall investment. when do you think will get the ROI.