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Author Topic: Can I find 1 BTC?  (Read 1168 times)
coin revolution (OP)
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January 14, 2017, 10:25:30 AM
 #1

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.
leowonderful
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January 14, 2017, 12:35:03 PM
 #2

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.
You can get 1BTC with virtually any bitcoin mining ASIC, but 1BTC in profit is another thing. first we need to know your electrical rate, if it's above .1$/kwh bitcoin mining will be very difficult to accomplish. On the other hand, if it's near 0.02 or something lower then you can make a lot more profit; as of now, if your electrical cost is between those two rates, try considering the A721 from Avalon or the Bitmain Antminer S9.
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January 16, 2017, 08:06:11 AM
 #3

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.
You can get 1BTC with virtually any bitcoin mining ASIC, but 1BTC in profit is another thing. first we need to know your electrical rate, if it's above .1$/kwh bitcoin mining will be very difficult to accomplish. On the other hand, if it's near 0.02 or something lower then you can make a lot more profit; as of now, if your electrical cost is between those two rates, try considering the A721 from Avalon or the Bitmain Antminer S9.


I am new though, do you mean a PC running A721 processor from Avalon? Or what?
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January 16, 2017, 09:56:32 AM
 #4

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.
You can get 1BTC with virtually any bitcoin mining ASIC, but 1BTC in profit is another thing. first we need to know your electrical rate, if it's above .1$/kwh bitcoin mining will be very difficult to accomplish. On the other hand, if it's near 0.02 or something lower then you can make a lot more profit; as of now, if your electrical cost is between those two rates, try considering the A721 from Avalon or the Bitmain Antminer S9.


I am new though, do you mean a PC running A721 processor from Avalon? Or what?

Defenately not a PC, leowonderful means an ASIC... An asic is a seperate device made for the specific purpose of creating sha256 hashes (or scrypt hashes for scrypt asics). Some asics do need a controller, other ones can run straight out of the box.

https://en.bitcoin.it/wiki/Mining_hardware_comparison

Like leowonderful already said, at this moment, it's allmost impossible to make a profit unless you have really, really cheap electricity and use the lastest gear (an A721, an antminer S7 or an antminer S9).
All other ASIC's are allmost obsolete. If you have free power, you might consider older ASIC's as well, especially if you can get them (allmost) free from somebody in the same country (to avoid custom duties)

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tbonetony
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January 16, 2017, 05:33:16 PM
 #5

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.

For simplicity sake, just buy one off from exchanges, or other people.

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I offer private S9 rental for various length: https://bitcointalk.org/index.php?topic=1708351.0
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January 17, 2017, 01:35:07 PM
 #6

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.

For simplicity sake, just buy one off from exchanges, or other people.
This is true,why wont bother on mining since you could able to buy whole bitcoin from exchangers or from other people.People mentioning above its not talking about pc mining but ASIC mining which is do really require on mining bitcoin but if OP would see that mining is complicated for him then the best way is to buy it.

coin revolution (OP)
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January 22, 2017, 09:26:39 AM
 #7

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.
You can get 1BTC with virtually any bitcoin mining ASIC, but 1BTC in profit is another thing. first we need to know your electrical rate, if it's above .1$/kwh bitcoin mining will be very difficult to accomplish. On the other hand, if it's near 0.02 or something lower then you can make a lot more profit; as of now, if your electrical cost is between those two rates, try considering the A721 from Avalon or the Bitmain Antminer S9.

I have no idea about mining. But I can run the devices without paying for the electricity.
I found two options for the antminer s9. Which one of these should I take.

https://shop.bitmain.com/productDetail.htm?pid=00020170116061242627jdsuO7TD06C4
https://shop.bitmain.com/productDetail.htm?pid=0002016052907243375530DcJIoK0654
coin revolution (OP)
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January 22, 2017, 09:29:46 AM
 #8

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.

For simplicity sake, just buy one off from exchanges, or other people.

Yes, 1 BTC can easily be found in stock markets. But I want to know how long I can produce 1 BTC.
iCan
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January 22, 2017, 09:42:08 AM
 #9

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.

Mining BTC at this time is hard thing. And it not profitable to buy "device" easily just go to BTCmarket and buy 1BTC

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January 23, 2017, 02:10:23 PM
 #10

You'll never FIND 1 btc except somebody will hand you over a wallet with 1 btc. Otherwise type in google "bitcoin mining", read for a bit, and come later with some wiser questions.
szpalata
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January 24, 2017, 02:09:33 PM
 #11

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.

Get a job if you already don't have one or a part-time job if you have one that's paying you less than 1BTC. You can as well contribute on this forum by joining signature campaigns but that will take you more than a month to make 1BTC. You can do faucets amongst others but it's all a waste of time. Getting a freelance job online is the only guaranteed way to make at least 1 BTC a month.
coin revolution (OP)
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January 27, 2017, 01:00:07 PM
 #12

Can I find 1 BTC? Which device I need to buy for this. And how long can I find 1 BTC out.
I know we need to invest a lot in mining. But I want to know what to do for 1 BTC.

Mining BTC at this time is hard thing. And it not profitable to buy "device" easily just go to BTCmarket and buy 1BTC

Yes, I did some research on mining. Winning BTC by doing bitcoin mining is a bit costly business. It is not logical to enter mining business without sufficient capital.
Whatever we're doing to earn a normal money, we must do the same thing in win the bitcoin.

If enough effort is spent, it is possible to win a bitcoin.
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