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Title: $50 daily earning? Post by: Doctor.Strange on September 05, 2017, 04:09:08 PM I want to earn $50 daily from mining, please suggest me how much it would cost me on miner or cloud mining. Only experts answer pls.
Title: Re: $50 daily earning? Post by: unholycactus on September 05, 2017, 09:25:31 PM Earn is in profit or revenue? It's fairly easy to get 50$ in revenue. Just buy an antminer S9 and you'll reach your goal.
As for profit, you'll need to recover the price of your miner and deduct any electricity and maintenance costs. Profit may be negative in your situation, it mainly depends on how much you pay for a kWh. It's very likely as mining is very competitive right now and it only gets worse. Title: Re: $50 daily earning? Post by: reflector on September 06, 2017, 05:31:01 PM I want to earn $50 daily from mining, please suggest me how much it would cost me on miner or cloud mining. Only experts answer pls. Start your mining with the antminer s9 and with the PSU. You can calculate the profit by the online calculator which is good to calculate it much better. Apart from that you can buy the hash power from the any pool get the more profit. Please don't get into cloud mining if anyone suggest you also. Title: Re: $50 daily earning? Post by: QuintLeo on September 06, 2017, 09:37:54 PM As of right now, it would take appx. 6 Antminer S9 or T9 miners to achieve $50/day in gross income.
NET however depends on your electric cost and how much you have to spend on cooling - if your electric cost is too high, you won't be able to earn ANY profit from ANY Bitcoin miner. |