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Author Topic: Range of cost of mining ONE BTC ?  (Read 860 times)
qwerty555
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May 10, 2013, 02:11:50 PM
 #1

 Could members offer an estimate of the average cost of mining ONE BTC at current difficulty.


Please include
1 estimate of power used (In $ in ur location and kwh as power costs vary from country to country)

2  cost of rig and maintenance/ repair ( maybe use 5 yrs to depreciate it 100%)

3  any other running costs  

This does not have to be exact..I am looking for a ball park figure and large variations.

Thanks

Ps If your busy I  will do the Math if you have figures for larger numbers of BTC mined

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Flatlinezor
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May 10, 2013, 03:54:44 PM
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Mate, by the time you typed it in you could have googled a calculator, AND do the math yourself, customized... :/

There you go! http://lmgtfy.com/?q=bitcoin+mining+calculator

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May 10, 2013, 04:10:20 PM
 #3

First you need to know how much MHash you need. 

http://bitcoinsbs.wordpress.com/2013/01/16/how-much-mhash-does-it-take-to-mine-1-btc/

then you need to know the equipment you'll use to get the BTC you want in the time frame you want.
https://en.bitcoin.it/wiki/Mining_hardware_comparison

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Kindle : Bitcoin Mining Step by Step : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
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qwerty555
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May 10, 2013, 04:39:28 PM
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Thanks...very helpful..Is the theory and  what people are actually achieving the same ?
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