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Author Topic: how much bitcoin incoming in per month ?  (Read 2608 times)
ToQcHista (OP)
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March 07, 2015, 09:41:37 AM
 #21

very mach that will buy GHS, then do not go more profit?

" I tie a rope around my penis and jump from a tree "
twister
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March 07, 2015, 02:07:49 PM
 #22

Still a little confused about the Question.

I came here thinking that he was asking How much BTC is mined per month. As in how much is produced through mining each month.

 

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sloopy
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March 07, 2015, 02:53:32 PM
 #23

I perceived it as asking how much each person who would answer makes, and I do not think any serious miner will tell you such.

Many of us home miners are hobbyists and do not expect profit.
Although it would be nice.

There is one profitable model for home miner:
Buy bulk hardware, mine with said hardware for x amount of time, and then sell the hardware for same or more than you paid.

It is happening with the S5 and SP20 right now. People are paying full retail or more.


Transaction fees go to the pools and the pools decide to pay them to the miners. Anything else, including off-chain solutions are stealing and not the way Bitcoin was intended to function.
Make the block size set by the pool. Pool = miners and they get the choice.
monbux
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March 07, 2015, 03:59:39 PM
 #24

I don't have any physical miners, except for 2 USD miners (I remember how those were on sale for 1 BTC before xD).  I just have a thousand ish AMHASH1 shares, those make me a little bit daily. Smiley
Possum577
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March 11, 2015, 05:31:44 PM
 #25

I have a hard time believing the blanket statements that "it's not possible to make money" mining. I realize it's difficult, time consuming, expensive, etc, but there are still miners out there doing the work. Some operations are getting paid, right? Is just getting increasingly consolidated into fewer and fewer large operations?

notlist3d
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March 11, 2015, 09:07:39 PM
 #26

I have a hard time believing the blanket statements that "it's not possible to make money" mining. I realize it's difficult, time consuming, expensive, etc, but there are still miners out there doing the work. Some operations are getting paid, right? Is just getting increasingly consolidated into fewer and fewer large operations?

I would agree there are many factors.  If you have low electricity and can mine year around you have a chance.   It also depends on price you bought miner.   Every person truly is very different on factors.  I still believe ROI can be done, just it is not a set 90 day as it once was.  Also factors such as having PSU's and not buying come into play.

I personally have two seasons winter mining and summer mining.  Winter I had around 12k watts of gear.  Heat was no issue at all.  With summer coming I had to get rid of my S3's + 1T dragon and am currently working on my summer setup.   
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March 16, 2015, 05:52:06 PM
 #27

I have around 3 th and I paid a fix price for electricity (+ solar) So right now im doing fine but like evryone said before mining for home miner is now almost useless, unless you have very cheap electricity.

Im wondering what will happen if all the hashpower get split between 5 or 6 big farm ?

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notlist3d
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March 16, 2015, 05:56:58 PM
 #28

I have around 3 th and I paid a fix price for electricity (+ solar) So right now im doing fine but like evryone said before mining for home miner is now almost useless, unless you have very cheap electricity.

Im wondering what will happen if all the hashpower get split between 5 or 6 big farm ?

If it does go that way it is scary.  Chances are it will be split among the companies producing gear I think.   

I am just hoping difficult keeps moving low and btc raises a little bit in price to give home miners a little more time.

What I'm worried about is next time BTC halfs.
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