not been on bitcoin talk in a year...or caught up with bitcoin,
Welcome back.
anyone know what hash rate you need to mine a coin theses days
At the current mining difficulty, you'll need to calculate about 285734039760000000 to generate 0.01 BTC.
So, if you have enough hash power to generate 3307106941667 hash per second (3.31 terahash per second), then you'll generate about 0.01 BTC per day.
If you have more hashpower, you'll generate more, if you have less hash power you'll generate less.
what equipment you need
It isn't really possible to mine bitcoins with CPU or GPU anymore. You'll need to acquire ASICs.
since i got conned with these people cloudminr.io i gave up.
For the majority of people, mining bitcoins is a very bad idea. Generally you'll be better off just providing a product or service and accepting bitcoins as payment, or just exchanging your local currency directly for bitcoins. Almost all cloud mining is just a scam, and mining is a very competitive business, so unless you have access to very inexpensive equipment and very inexpensive resources (electricity, cooling, storage space, etc.) mining will earn you less bitcoins per local currency spent than you would have received from just exchanging the local currency directly for the bitcoins.
i want to start getting back into mining again.
any advice?
Advice? Sure.
You can do the smart thing:
- Step 1: Understand how bitcoin difficulty works and why.
- Step 2: Understand how many hashes per second your mining equipment can calculate.
- Step 3: Understand how much electricity your mining equipment will use.
- Step 4: Understand the real amount your electricity costs (including all taxes, fees, and additional charges).
- Step 5: Determine if you will need to run any cooling equipment to keep your mining equipment from overheating.
- Step 6: Understand how much electricity that cooling equipment will use.
- Step 7: Do some math and (unless you have really cheap electricity, really cheap cooling, and access to really cheap mining equipment) realize that you'd get more bitcoins by just buying the bitcoins with the cash instead of spending all the cash on mining.
- Step 8: Give up on mining and buy some bitcoins
Or you can do what LOTS of people do:
- Step 1: Buy some mining equipment.
- Step 2: Plug it in and configure it to start mining
- Step 3: Ignore the increased cost of electricity to run the equipment and cool it
- Step 4: Wait for the bitcoins exchange rate to go up
- Step 5: Convince yourself that since you get more cash for the bitcoins than you spent to generate the bitcoins you came out ahead
- Step 6: Live happily in your ignorance, never realizing that you would have had a LOT more bitcoins (and therefore a LOT more money) if you had just bought the bitcoins with the cash in the first place instead of trying to mine them
has bitcoin got more harder....
In the past year?
More merchants are accepting bitcoin as payment, and more bitcoin related services have been created to assist people in acquiring and using bitcoins. Bitcoin wallet software has become more secure and easier to use, and there are more wallet and account providers than there were a year ago.
So, no. Bitcoin itself has gotten easier, not harder.
As for mining bitcoin, the bitcoin block difficulty has increased significantly, so you need a lot more hash power to generate the same amount of bitcoins in the same amount of time as last year.
