Bitcoin Forum
May 24, 2024, 03:46:00 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [b]What amount needed for hardware mining?[/b]  (Read 263 times)
Jafri101 (OP)
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250



View Profile
December 24, 2016, 10:44:03 PM
 #1

What amount approx: a miner needs to setup his own mining system with high hash rates that could be profitable for him. Assume electricity price low as 4cents/kw. How much amount he should have to have his own mining hardware system??
Xanidas
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile WWW
December 25, 2016, 12:06:16 AM
 #2

Take a look at this: https://shop.bitmain.com/main.htm?lang=en

The s9 is the best for today and yes the cost is not a joke and it will take about a year before you reach ROI. Are you willing to wait that long?


NEUROMATION

▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
    █▄     
    ███▄   
    ██▀██▄ 
█▄   ▀  ▀██▄
███▄      ██
██▀██▄    ██
██  ▀██▄  ██
██    ▀██▄██
██▄     ▀███
 ▀██▄  ▄  ▀█
   ▀██▄██   
     ▀███   
       ▀█   
▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
....Distributed Synthetic Data Platform for Deep Learning Applications....
▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬
Facebook LinkedIn Twitter White Paper Reddit YouTube Medium
▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
alani123
Legendary
*
Offline Offline

Activity: 2408
Merit: 1436


Leading Crypto Sports Betting & Casino Platform


View Profile
December 25, 2016, 12:10:30 AM
 #3

Profitability of bitcoin miners is usually calcuated by assuming that you'd be selling at the moment of mining, here's a good calcuator you can use (just input the data). Antminer is one of the few companies manufacturing profitable hardware but there's also GPU mining for altcoins which on occasion can be more profitable, althrough more risky in the long term.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
ranlo
Legendary
*
Offline Offline

Activity: 1974
Merit: 1007



View Profile
December 25, 2016, 08:56:40 AM
 #4

Take a look at this: https://shop.bitmain.com/main.htm?lang=en

The s9 is the best for today and yes the cost is not a joke and it will take about a year before you reach ROI. Are you willing to wait that long?

"About a year" assumes:

1) BTC doesn't crash
2) Hardware remains at 100% operating efficiency (impossible to do)

The most likely scenario is your costs are going to be much higher than expected, your hardware is going to have days/weeks offline, and may even burn out before you ROI. It is a very risky endeavor.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!