Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: SuperN3rdMaster on April 25, 2017, 10:07:30 AM



Title: BitCoin Machine for $500 and how much would i make from it?
Post by: SuperN3rdMaster on April 25, 2017, 10:07:30 AM
I could get a $500 minner or even $700 but i would like to make it solar power how much would i make a day?


Title: Re: BitCoin Machine for $500 and how much would i make from it?
Post by: Unacceptable on April 25, 2017, 11:08:28 AM
Millions!!!!!!!!!!!  8) :D ;)

https://alloscomp.com/bitcoin/calculator


Title: Re: BitCoin Machine for $500 and how much would i make from it?
Post by: HagssFIN on April 25, 2017, 11:14:51 AM
1. Find out your running costs (electricity, solar system cost etc.) for mining.
2. Select the miner, PSU and other needed components and estimate what is your ROI and possible profit based on the above by using calculators available online.
You need to take the Bitcoin difficulty rise into account.

It's pure cost logic.
Low running cost--> better profit
High running cost--> worse profit or no profit.


Title: Re: BitCoin Machine for $500 and how much would i make from it?
Post by: SuperN3rdMaster on April 25, 2017, 11:37:26 AM
i'm new to this type of stuff and i just wanted to know which is the best miner for $500


Title: Re: BitCoin Machine for $500 and how much would i make from it?
Post by: HagssFIN on April 25, 2017, 11:40:25 AM
If it is strictly a question about what is the maximum hash rate miner you can get with max. 500 USD budget, then I would say the answer is a secondhand Antminer S7.
First find a reliable guy selling the S7, then find the power supply, then you know the cost and you can see the help above and try to estimate if you can make profit with the Antminer S7.


Title: Re: BitCoin Machine for $500 and how much would i make from it?
Post by: italianMiner72 on April 26, 2017, 08:40:56 AM
i'm new to this type of stuff and i just wanted to know which is the best miner for $500

if you budget is just 500$, you can do nothing.
trust me...
if you really want to play in this game with this budjet, buy bitcoin directly...
hold it...
and wait...
p.s.: don't be scared about huge price fluctuaction... is normal in this worl!!!