Bitcoin Forum

Thanks indeed.

0.04278 btc in a day, for 4 more days.

https://bitcoinwisdom.com/bitcoin/difficulty

Thank You soo much. =)

That means about $24 a day ?

A day is not a long enough duration to make any determination. I'm at 1.1th and I make .02 per block on bitminter. Some days i've gotten up to 6 blocks (0.12 BTC), and some days just 1 (0.02 BTC). So keep in mind that the .04 is just an average.

OK., You are right. :)

Sooo... can You estimate a profit in USD currency in a regular month, please ? ;p (ofcz we r still talking about an 1TH miner)

Thanks:)

There are a bunch of calcs out there. Becareful tho.... difficulty is rising.

You have to set up all the variables yourself but this one is pretty useful:
http://tpbitcalc.appspot.com/ (http://tpbitcalc.appspot.com/)

Do not estimate profit based on one day profit right now. Consider it as profit for 10 days, usualy that is the period for difficulty to grow again and you haveto recalculate profit again.

Or this:
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php

So.. You can't give me a 10day or 30day estimated price ? :/

Well.. why is difficulty rising so much ? :((

Because people like you continue to buy miners causing the network hashrate to increase thereby causing the difficulty to rise.

You have lots to learn grasshopper!  ;)

Totally agree with You!

Please, teach me the basics :)

Here try this calculator.

 http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=11756551917&dcosts=4000&diff_mincrease=30&blpbtc=25&dhsmhs=1000000&diff_mincreasedecrease=3&btcusd=560&dpowcon=2500&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calc

Be honest with the figures to find out if you will profit.

Not much actually. I don't think that will cover the cost of the miner ever. I'd suggest against it unless you don't want to make RoI.

Playing with low numbers does not worth doing ?

To make a lot of $$ from it need a huge investment ? :s

 ;) got it?

I'm at 1.5 THs and about 1 1/2 months ago, I was earning well over 0.1 everyday (Slush at 1800 THs). For granted, some days I wasn't making that much. Currently, with nearly 4000 THs, my earning has been cut by half. With today price ($610), I making about $30 a day. It's getting worse every day for avg. miner.

You could either keep up the hashing race or you could trade (other alt coins).

Actually, it's getting this much harder even for the industrial sized mining operations.  Primary difference is, they have higher profit margins as a result of lower electricity costs (in most cases).  Coupled with selling off the hardware as it approaches uselessness and a significant portion of mined BTC being directly reinvested into additional, more efficient hash.  But even the larger operations are suffering.  Bitcoin price is going to have to rise drastically here over the coming months or a whole lotta people are going to have a bunch of useless heat-generators sitting on their shelves at home.  I know I do.  My BFL gear (65nm) stuff is about to get shutdown and I'm only paying 0.07/kw/h

I had free electricity up to 20KW/h (heat limit) and I still stopped my BFL gear last month.  I was making more per watt with my scrypt miners than I was with the BFL gear.  Sadly it will be going to ewaste recycling shortly.