Bitcoin Forum

Is it possible for a bitcoin miner to take $250 and make $3000 in 48 hours?

Making profit can be a obvious matter but the amount of profit is not. As the bitcoin is very volatile in nature so it can't be said so surely that how much profit you can make in a certain period of time.

I guess it would be possible if you can match the calculation to get hashpower. I think you can post this to mining secion for better solution.

Sure. Just buy a lottery ticket. ;D
The real answer is no, of course.
If somebody told you you can make huge profits with Bitcoin mining, they lied to you.

In reality it's a lot easier for a miner to turn $3000 into $250 than the other way round.

Currently the value of bitcoin is facing a downfall. Although in previous years the value has risen significantly, attracting a large number of people to invest in the market. Due to the rising demand the value has dropped. But prices will not stay low, eventually it will rise but the time taken to rise might be long.

Probably it's possible. I'm not sure though. You can search it on google for more information

It's possible if you bring your mined coins to a crypto exchange and hop on some crazy pump & dump action. Multiplying your coins 12 fold in the span of 2 days is a steep task however it's possible that you could double, triple or even quadruple your funds. And you have to have inside info about upcoming pumps and act fast. There are Telegram groups for these kind of shenanigans.

No, someone is trying to scam you. It doesn't work like that at all. Mining operations are multimillion dollar warehouses full of specialized devices that consume massive amounts of power.

A lot of factors can determine that though. The current market situation can also affect the price of mining rewards and also the type of computer used to mine also affects that.

Buy a lottery ticket, and you will have a large amount of money after spending a small amount. But first of all, pray that god bless you, that you can win it, a wish really good  ;)

I don't get really get the question but NO. It takes time to mine a bitcoin and besides the cost of energy and mining machines make mining quite expensive.

What a question. It is always possible to do such a thing. But think about it, if you can do it, anyone can do it, so who is giving you all money? Do you have a job? Build a career instead of risking your money in crypto world with that notion

I invite you to know the Blockchain Technology and to read the whitepaper of bitcoin to deep in how this really works for you can recognise scams like this one...

If you do the calculations it would actually be possible if you have a full room of bitcoin miners working all-together but in reality, most of us don't even own a mining rig, so in your question, it is not possible in that amount of time that you are asking with just a basic miner, it takes more time than that to make your $250 into $3000. If ever someone is telling you that you can make instant money with bitcoin that is probably a scam, there is no easy money nowadays it takes hard work and patience to earn. Don't believe what other people say, do your own research to prevent getting scammed.

I am not clear in which side you need advise , well in this online trading market it's mainly all about analysis the surrounding situation. before taking any step you must acknowledge about the market situations.

No! You need to invest someting like 500.000$ in miners and your electricity cost needs to be very very low. Then you probably can make 3000$ a day.

This is really tough to do at the current situation. In order to do this you have to set  so many miners and to make it possible you have to set so many costly hardware with a high power supply to be assured. If you can manage this, it would be possible though there is always some uncertainty. 

it is possible with the supercomputer with huge ming power  :D ;) . Bitcoin is ming is a very costly process with this very high competition. Try calculating the has the power to get this kind of bitcoin within 48 hr. The hash power cost may higher than your earn cost for 48hr.

This can happen with someone has insider information 1200% in 48 hours. We don't need a job anymore if we can just make 50% every 48 hours. haha.

Well, I'm not sure. It takes 10 minutes to generate every block. So, it mostly depends on the time and not the amount.

If you are rich enough to own many Mining rigs its possible . Stop dreaming getting rich in just a week

1)NO way , there is no anyway can do that , because miner will cost too much energy and the device is very expensive .
2)If you have to do that , the only way is to gamble , but I don't advise you do that , because you will lose more .

ther's a chance but very small chance...

I've ever heard that kind of speech. These were words from scammers' mouth.
So, the answer is obvisouly no, you can't make 3000 $ when your initial investment is 250 $.
So if the non-disclosed idea is: should I invest in that wonderful proposition that this wonderful guy I've just met on a shady forum offered to take part in ?
The answer is same as previously stated: No, NO, & NO ! You shouldn't invest your hard-earned savings that way.
DYOR (Do Your Own Research), and try to find another more reliable investment proposal.

Certainly it is not possible, today is mining btc on asic devices and they are all farms on it. In any case, the price of hardware and the price of electricity is worth something. For the day, you would have to have 4800 Th/s of computing power to get around $ 3000 in two days minus electricity and ASIC price. And I'm not even talking about the price of either the bitcoin miners bought or the price leased. So, for that idea, you better forget and start to look in the real way. From day to day being rich is very difficult. I recommend you to be patient and the result of your work will come.

Right now the market isn’t doing quite good, it is both fort the investors and the miners. If you want to make more money out of it, right now this seems like a challenge given the market is in a dip right now. Wait till the market hits an upward slope and then the situation will improve.

Yes,it is very easy to get such a huge profit but study the market and do everything with caution.

Someone wants to scam you.  Think about it , if they already making 3000$ in just 48 hours why would they tell you, if i already making that amount in 2 days i will probably keep it secret.

This is not true. You can search it on google for more information.

No is not possible to make that high profit in mining site maybe you can make $3000 in 48 hours by hyip or scam investing sites who can stole your money in any seconds

It's impossible, for a bitcoin miner if deposit $3000 it's not possible to make $250 in 48 hours. Search in google about bitcoin mining calculator . You will found all information.

That never happens.
Maybe they lie to you. Can not make easy money. Find out before listening to information from others.

I dont know why would you ask that question, but it is not possible..

I think you encountered a person or group that offers $3,000 return in an investment or capital of $250 within 48 hours and all you need to do is to give them your bitcoin wallet and they will mined it for you.

Am I right here? I just assumed it because of the way you construct your statement.

If does then don't believed on that.