Bitcoin Forum

Other => Beginners & Help => Topic started by: jodybay on February 20, 2014, 06:59:25 AM



Title: attention plss
Post by: jodybay on February 20, 2014, 06:59:25 AM
is mining bitcoin can make your electricity bills become high?


Title: Re: attention plss
Post by: MegaHustlr on February 20, 2014, 07:08:43 AM
Of course and heat your home! ! Not worth it


Title: Re: attention plss
Post by: jodybay on February 20, 2014, 07:20:29 AM
ohh i see but how many btc does the miners get every week?


Title: Re: attention plss
Post by: hilariousandco on February 20, 2014, 11:59:08 AM
ohh i see but how many btc does the miners get every week?

All depends on your rig. They all differ.


Title: Re: attention plss
Post by: jodybay on February 20, 2014, 12:08:28 PM
i see
its hard to clarify everything about mining :)


Title: Re: attention plss
Post by: gorgoros on February 20, 2014, 12:22:59 PM
Yes, a lot of!


Title: Re: attention plss
Post by: Ritual on February 20, 2014, 01:12:59 PM
Mining machines are graded in basically 2 ways:

1 - Hashpower. For BTC this is measured in Gigahashes (GHash). There are many MANY machines, but for example, a USB miner might have a hash rate of 2GH. This is what determines how many coins it will earn over time.

2 - Power usage. This is measured in Watts (W) and is a measure of how much electricity your machine pulls from the wall. The higher the number, the more you pay in electricity costs, and often the hotter the hardware runs (meaning a possible extra cost to keep it cool).

So a miner would be looking for the highest hash power for the lowest power usage possible, also taking into account the cost of buying the equipment. It gets complicated :)

Hope that helps a bit.

Rit.


Title: Re: attention plss
Post by: jodybay on February 20, 2014, 01:20:44 PM
Mining machines are graded in basically 2 ways:

1 - Hashpower. For BTC this is measured in Gigahashes (GHash). There are many MANY machines, but for example, a USB miner might have a hash rate of 2GH. This is what determines how many coins it will earn over time.

2 - Power usage. This is measured in Watts (W) and is a measure of how much electricity your machine pulls from the wall. The higher the number, the more you pay in electricity costs, and often the hotter the hardware runs (meaning a possible extra cost to keep it cool).

So a miner would be looking for the highest hash power for the lowest power usage possible, also taking into account the cost of buying the equipment. It gets complicated :)

Hope that helps a bit.

Rit.

yeah it really help a lot
i was thinking about to try some mining tools thats why i need to know everything there is no problem with the electricity in my place you can run a 20 mining tools at the same time 24/7 :D