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June 09, 2011, 01:54:28 PM |
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The number mined every day is constant, 50 per 10 minutes, 300 per hour, 7200 per day. This will drop in 2013 to 3600 a day, and continue to halve every four years. All miners compete for this daily bounty, and the difficulty goes up as a result of more people mining. The question of whether it pays to mine is complex, there are a few calculators out there. You might break even in a week or never depending on price and quality of hardware, BTC rate, new people setting up rigs etc.
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