Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: excuber on July 24, 2017, 01:55:47 PM



Title: [WTA]I WANT BUILD MY OWN FARM THAT CAN EARN 10 BTC AT LEAST A DAY
Post by: excuber on July 24, 2017, 01:55:47 PM
SINCE I AM NEWBIE IN THIS FORUM...I JUST WANT YOUR ANSWER....WHAT I NEED AND HOW MUCH I NEED TO BUILD MY OWN FARM...(MACHINE+ELECTRIC+INTERNET+RENT+ANYTHING ELSE)...BAD ENGLISH..I TRY TO IMPROVE MY ENGLISH SKILLS


Title: Re: [WTA]I WANT BUILD MY OWN FARM THAT CAN EARN 10 BTC AT LEAST A DAY
Post by: mocacinno on July 24, 2017, 02:03:04 PM
SINCE I AM NEWBIE IN THIS FORUM...I JUST WANT YOUR ANSWER....WHAT I NEED AND HOW MUCH I NEED TO BUILD MY OWN FARM...(MACHINE+ELECTRIC+INTERNET+RENT+ANYTHING ELSE)...BAD ENGLISH..I TRY TO IMPROVE MY ENGLISH SKILLS

Please, stop using only uppercase letters, it hurts my eyes.

In bitcoin mining, the best ASIC (hashrate/Kwu) at the market today is the S9:
https://www.cryptocompare.com/mining/bitmain/antminer-s9-miner/

~1375 Watt =~ 13 Th

Since you didn't include your electricity cost, i guessed it would be around 15 cent/Kwu.
At this moment, current diff, block reward, BTC price and 15cent/kwu:

https://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=13000&p=1375&pc=0.15&pf=1&d=804525194568.13200000&r=12.50000000&er=2804.56000000&hc=0.00

1xS9 ~ 0.00406319 BTC/day

You'd need about 2500 antminer S9's to make 10 BTC/day

1 S9 costs $1248
+ customs (21% in my country)  = $262
+ decent PSU =~ $300
+ Shipping/handling = ??$100??
+ part of a rack = ?
+ part of an A/C unit = ?
+ part of renting a warehouse = ?

I estimate you'd need to invest close to 5 million dollars in order to purchase a farm that makes 10 BTC/day


Title: Re: [WTA]I WANT BUILD MY OWN FARM THAT CAN EARN 10 BTC AT LEAST A DAY
Post by: Hamphser on July 24, 2017, 02:05:54 PM
SINCE I AM NEWBIE IN THIS FORUM...I JUST WANT YOUR ANSWER....WHAT I NEED AND HOW MUCH I NEED TO BUILD MY OWN FARM...(MACHINE+ELECTRIC+INTERNET+RENT+ANYTHING ELSE)...BAD ENGLISH..I TRY TO IMPROVE MY ENGLISH SKILLS
Im not really good at Math but talking about earning 10 btc per day would really need lots of antminer s9 which would generate ample amount of hashes in able to generate such income but you should see first on how much does the electricity cost on your place so that it wont really affect too much on your profits.  You can go here https://www.bitmain.com/ buying antminer if you are really serious on mining bitcoin.


Title: Re: [WTA]I WANT BUILD MY OWN FARM THAT CAN EARN 10 BTC AT LEAST A DAY
Post by: excuber on July 24, 2017, 02:13:02 PM
Yes...thanks for your response....sorry for uppercase letter ;D ;D ;D


Title: Re: [WTA]I WANT BUILD MY OWN FARM THAT CAN EARN 10 BTC AT LEAST A DAY
Post by: Liquid71 on July 26, 2017, 09:08:36 PM
YOu should partner with professionals https://giga-watt.com/promo/prices
They have an ICo you can lock in 3.3c kwh and no hosting fees and not worry about learning curve or repairs.

That said you will need a massive investment to mine that much every day, and as difficulty rises your earnings will slowly drop so you'd have to keep adding new miners. A good site to estimate earnings with difficulty adjustments https://bitcoinwisdom.com/bitcoin/calculator (https://bitcoinwisdom.com/bitcoin/calculator)

If you want to mine that many bitcoins because you believe they will go up in price a lot then you might be better off buying and holding Bitcoin rather than mining. It's not only easier but if the price skyrockets it would be more profitable since price skyrocketing will also bring more investment into mining and drive up difficulty.