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Title: Bitcoin Hash Rate Post by: V8x8d on March 31, 2014, 12:45:04 PM What is the minimum hash rate needed to meaningfully mine Bitcoin?
Title: Re: Bitcoin Hash Rate Post by: nachius on March 31, 2014, 08:02:54 PM That's a very vague question and the answer changes every 10ish days!
To help answer the question properly what are you goals? How much do you have to invest/lose? How much is electricity where you will be mining? Online calculators (like genesis block mining calc) will be a place to start to give you an idea of your return over a period for a certain hashrate and cost, but there is a lot more to it than just saying 1THs is enough. Enough for how much for how long and what can you justify spending on that 1Ths? Title: Re: Bitcoin Hash Rate Post by: pjviitas on April 02, 2014, 02:53:33 AM What is the minimum hash rate needed to meaningfully mine Bitcoin? 2 x Antminer S1 will make you about 1 BTC a month right now. Title: Re: Bitcoin Hash Rate Post by: precrime3 on April 02, 2014, 02:57:08 AM What is the minimum hash rate needed to meaningfully mine Bitcoin? You could go script mining. $1500 gets a CONSITENT $250 ish equiv. to btc monthly. Since there are so many coins, you can also swap algo's if you choose. Unless actually mine sha256, I'd go with 3 s'1s personally, and eventually trade up to a s2. |