i i want to start a project Mining

[mmm6813175]

i  i want to start a project  Mining  and i want to get 1 bitcoin per month 


can you tell me what will i need and the hardware  i need



and how much power will  the device  will use in month


im  new in this 

[philipma1957]

i  i want to start a project  Mining  and i want to get 1 bitcoin per month  


can you tell me what will i need and the hardware  i need



and how much power will  the device  will use in month


im  new in this  

no I can not tell you with out more info from you.


What country are you in?
What is your power 120 volts or 240 volts?
How much noise can you stand?
Do you have power supplies on hand?


If you have no power supply you need to buy one. 
If you have 120 volts the power supplies are restricted mostly to Atx  like an evga 1300 g2 which is decent runs many miners and costs 150 to 190 usd.

[mmm6813175]

i  i want to start a project  Mining  and i want to get 1 bitcoin per month  


can you tell me what will i need and the hardware  i need



and how much power will  the device  will use in month


im  new in this  

no I can not tell you with out more info from you.


What country are you in?
What is your power 120 volts or 240 volts?
How much noise can you stand?
Do you have power supplies on hand?


If you have no power supply you need to buy one.  
If you have 120 volts the power supplies are restricted mostly to Atx  like an evga 1300 g2 which is decent runs many miners and costs 150 to 190 usd.

egypt

120
big noise  no problem

no i will buy  every thing from the start

the electricity  

 
Kilowatt-month   2015
50   7.5 piasters                  
51-100   14.5 piasters   
101-200   16 piasters            
201-350   30.5 piasters   
351-650   40.5 piasters   
651-1000   *68 piasters   
1000+   84 piasters


100  piasters = 1 pound in egypt

[mmm6813175]

http://www.amazon.com/Antminer-~4-73TH-25W-Bitcoin-Miner/dp/B014OGCP6W

what do you think of this


can make 1 bitcoin in month


can you tell me how much kw will use in month ??


and what  next we will use ?

 http://www.amazon.com/EVGA-SuperNOVA-Crossfire-Warranty-120-G2-1300-XR/dp/B00COIZTZM

and ?


lest forget the electricity price  just tell me how much kw it will use in month

[philipma1957]

http://www.amazon.com/Antminer-~4-73TH-25W-Bitcoin-Miner/dp/B014OGCP6W

what do you think of this


can make 1 bitcoin in month


can you tell me how much kw will use in month ??


and what  next we will use ?

 

okay they make a lot of heat. but they can run in a 100 f or 38c room.

That model uses 1.3 kwatts per hour maybe 1.4 kwatts so 1.4 x 24 = 34 kwatts a day  x 30 = 1020 kwatts a month

1020  kwatts maybe 85-90 piasters or just about 1 British pound  really good price if you are correct.

that machine may earn

 .4 btc for the next month minus 1 pound for power.

if you can handle the heat issues of Egypt you cold make a little.

the amazon price is high if you order direct from the builder you would save money.

the builder of the gear

https://www.bitmaintech.com/product.htm

[mmm6813175]

http://www.amazon.com/Antminer-~4-73TH-25W-Bitcoin-Miner/dp/B014OGCP6W

what do you think of this


can make 1 bitcoin in month


can you tell me how much kw will use in month ??


and what  next we will use ?

 

okay they make a lot of heat. but they can run in a 100 f or 38c room.

That model uses 1.3 kwatts per hour maybe 1.4 kwatts so 1.4 x 24 = 34 kwatts a day  x 30 = 1020 kwatts a month

1020  kwatts maybe 85-90 piasters or just about 1 British pound  really good price if you are correct.

that machine may earn

 .4 btc for the next month minus 1 pound for power.

if you can handle the heat issues of Egypt you cold make a little.

the amazon price is high if you order direct from the builder you would save money.

the builder of the gear

https://www.bitmaintech.com/product.htm

i didnot understand you

.4 btc for the next month minus 1 pound for power.


you meen 4 btc or  0.4 and what you meen for the next month minus

i just want know what i need to make 1 btc in month


thanks for replay hope im not  Annoying for you  

[QuintLeo]

Are you talking 1 BTC per month NET after electric cost, or GROSS before counting electric cost?

 Also, you are aware that the difficulty of mining gets adjusted appx. every 2 weeks or so, and it has usually gone up meaning you need more mining hashpower to earn the same gross income in BTC?

[HagssFIN]

At the moment you would need 2-3 Antminer S7 for that, but as said, Bitcoin difficulty keeps rising.

[altcoinhosting2]

I'd recommend that you start playing with coinwarz and the spec sheet:

http://www.coinwarz.com/calculators/bitcoin-mining-calculator
https://en.bitcoin.it/wiki/Mining_hardware_comparison

Use the values from the spec sheet and enter them in the calculator/simulator.

Be carefull tough: not all asic's from the spec sheet are still for sale, not all of them are equally stable, no VAT is included, the calculator is actually and estimator because much depends on your luck in mining (especially when solo mining),...

[calkob]

it might be cheaper to mine an altcoin and convert to bitcoin.  or just buy 1 btc per month

[Atomicat]

it might be cheaper to mine an altcoin and convert to bitcoin.  or just buy 1 btc per month

SHA256 ASICs cannot mine most of the altcoins that are profitable and there are very few coins that uses the sha256 algo.

[techgeek]

This 1 btc a month is a dream, unless op you have money to eat the loss on given days.

Esp not now, but when days you see the price drop - that also means your payout drops.. even the smallest margins can add up.

[mmm6813175]

This 1 btc a month is a dream, unless op you have money to eat the loss on given days.

Esp not now, but when days you see the price drop - that also means your payout drops.. even the smallest margins can add up.

so what next  any thing after btc  


any thing worth to invest in it  


like Litecoin 

[kanazawa]

You better use 220VAC...

Egypt has a  very low energy cost... it's not "necessary to use renew... so....

If you ant to get 1BTC per month... you might have to spend much more money than you think, because one unit of the S7 will give you 1/4 of BTC.... so you it's better use (at least) 4 units of the S7 and the PSU from bitmaintech....

http://www.coinwarz.com/calculators/bitcoin-mining-calculator
It will gives you a primary view of what it is... it's not a small game... it involves money.. at least ~U$4000 and little more to make a good lokking view little "farm".

Mabe you losta little, but in the whole scenario, in the spce time, you certanly gonna win. I start to do mining with a batch of S1 in JAN 2014. Everyone tells me to stop mining, so I if had listened to them I won't have any btc now, because I'll pay my bills.... I did this a little but I did some schemes to stand up...

Mining is very cool, when you start you won't stop... even if your electricity bills are high, you will se many btc in your wallet, and our eyes you shine. aihaihiahaihu.

philipma1957 is a very experienced guy and runs a beautiful farm.

It's a good guy to hear.