mining profitable

[ToQcHista]

Right bitcoin price is 233$ and s3 profitable 24h is 0.004 , after coming soon that bitcoin price increase example become 600$ after s3 profitable increase ?

How many will be profitable ? About 0.006btc ?

[1714864051]

1714864051

[1714864051]

1714864051

[alani123]

Profitability also depends on the electricity each miner as to pay. If the price was to rise at 600$ naturally more miners will be profitable and turned on again. Currently S3's 441 GH/s would mine 0.00465 BTC each day according to https://bitcoinwisdom.com/bitcoin/difficulty

with a 0.10$ cost a day an S3's consumption would consume $0.816 each day.

Edit: gotta clarify that it's 1 kilowatt-hour (kWh) that would cost 0.10$

[ToQcHista]

Profitability also depends on the electricity each miner as to pay. If the price was to rise at 600$ naturally more miners will be profitable and turned on again. Currently S3's 441 GH/s would mine 0.00465 BTC each day according to https://bitcoinwisdom.com/bitcoin/difficulty

with a 0.10$ cost a day an S3's consumption would consume $0.816 each day.

I have cheap electro.

And else what depends that mining profitable drop down ?

[alani123]

Profitability also depends on the electricity each miner as to pay. If the price was to rise at 600$ naturally more miners will be profitable and turned on again. Currently S3's 441 GH/s would mine 0.00465 BTC each day according to https://bitcoinwisdom.com/bitcoin/difficulty

with a 0.10$ cost a day an S3's consumption would consume $0.816 each day.

I have cheap electro.

And else what depends that mining profitable drop down ?

It also depends on the network's difficulty. If the total hashrate of the mining network goes up, block rewards go down.

In simpler words: if more people mine at the same time, you'll be earning less BTC.

[jonnybravo0311]

Profitability also depends on the electricity each miner as to pay. If the price was to rise at 600$ naturally more miners will be profitable and turned on again. Currently S3's 441 GH/s would mine 0.00465 BTC each day according to https://bitcoinwisdom.com/bitcoin/difficulty

with a 0.10$ cost a day an S3's consumption would consume $0.816 each day.

I have cheap electro.

And else what depends that mining profitable drop down ?

Change in network difficulty affects expected BTC earnings.  For example, right now the difficulty is 47610564513, which leads you to the expected earnings of 0.004648BTC a day for an S3.  If difficulty goes up, your expected earnings go down.  Conversely, if difficulty goes down, your expected earnings go up.

These are the main considerations that will help you gauge whether or not mining gear is profitable.

[ToQcHista]

And if btc price will become 600$ after how many increase profitable in mining ?

[ToQcHista]

On f2pool every day will get me same btc ?

And this btc price is depend on mining ?

[jonnybravo0311]

And if btc price will become 600$ after how many increase profitable in mining ?

Again, you must take all factors into consideration.  If Bitcoin goes to $600, chances are very good that more people will mine it.  This will increase the network hash rate and thereby increase the difficulty.  In turn, you will earn less BTC for your hashing power.

Just for the sake of argument, let's say that today the price of Bitcoin shoots up to $600, and all else remains equal.  Your S3 will still earn you 0.004648BTC a day.  However, instead of being worth $1.08 (with BTC at $233) that same coin will be worth $2.79.

[jonnybravo0311]

On f2pool every day will get me same btc ?

And this btc price is depend on mining ?

f2pool is a PPS pool that charges you 4%.  Until the network difficulty changes, each share you submit is worth the same value.  You would expect to earn 96% of that 0.004648BTC a day, or 0.00446208BTC.

BTC price is not at all dependent upon mining.  BTC price is dependent upon what people think it's worth.  If enough people think it's worth $600, then the price will rise to that valuation due to buys/sells on exchanges.

[ToQcHista]

And if btc price will become 600$ after how many increase profitable in mining ?

Again, you must take all factors into consideration.  If Bitcoin goes to $600, chances are very good that more people will mine it.  This will increase the network hash rate and thereby increase the difficulty.  In turn, you will earn less BTC for your hashing power.

Just for the sake of argument, let's say that today the price of Bitcoin shoots up to $600, and all else remains equal.  Your S3 will still earn you 0.004648BTC a day.  However, instead of being worth $1.08 (with BTC at $233) that same coin will be worth $2.79.

Price if increase and dont increase hash than ?
Which pool is better ?

[tyz]

Today, mining with asics is only profitable if you have access to cheap electricity. Even if price would increase to $600, it is still to less in order to mine a profit.

[alani123]

And if btc price will become 600$ after how many increase profitable in mining ?

Again, you must take all factors into consideration.  If Bitcoin goes to $600, chances are very good that more people will mine it.  This will increase the network hash rate and thereby increase the difficulty.  In turn, you will earn less BTC for your hashing power.

Just for the sake of argument, let's say that today the price of Bitcoin shoots up to $600, and all else remains equal.  Your S3 will still earn you 0.004648BTC a day.  However, instead of being worth $1.08 (with BTC at $233) that same coin will be worth $2.79.

Price if increase and dont increase hash than ?
Which pool is better ?

The price and the network's hashrate are two different things. It's likely that more miners will be mining if the price increases but we can't be certain. F2pool is good enough.

[ToQcHista]

On f2 i got 24h 0.0039 btc my s3 .

What do i ?

And i have asic status one X

[notlist3d]

On f2 i got 24h 0.0039 btc my s3 .

What do i ?

And i have asic status one X

It is a fixed amount minus fee.  What do you do?  Nothing

Let it mine and keep getting BTC.  You will not get rich over one S3.  Just keep mining long term.

[jonnybravo0311]

On f2 i got 24h 0.0039 btc my s3 .

What do i ?

And i have asic status one X

You get a fixed amount per share.  Look at the stats on the pool to see what your reported hash rate is (assuming of course f2pool offers such stats).

You have an X.  That means that one chip is dead.  I can usually resolve that problem by turning off the power to my miner for a few minutes, then turning it back on.

[ToQcHista]

How many bitcoin is fee ?

[jonnybravo0311]

How many bitcoin is fee ?

4%.  I posted that a few responses ago .

You need to look at f2pool to see what it shows as your hash rate on the pool.  That is how they determine what to pay you.  If they are showing a low hash rate or a lot of rejects, that will affect your payout.  Also, you need to remember that the payout day is UTC time.

[darkangel11]

Today, mining with asics is only profitable if you have access to cheap electricity. Even if price would increase to $600, it is still to less in order to mine a profit.

If you're counting on the price of Bitcoin going up don't mine just buy coins. At least if the price goes down you won't be left with a bunch of miners but with coins you can change to fiat in minutes.
If the price would reach $600 it would be really profitable, but so would be holding your coins.

[notlist3d]

How many bitcoin is fee ?

Google "bitcoin pool comparison" it will show you the many different types of pools and should help understand.

You might find someone to translate it for you.

[adidas]

Mine only new altcoins. Shorterm.