Bitcoin Forum
May 10, 2024, 02:46:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Range of cost of mining ONE BTC ?  (Read 959 times)
qwerty555 (OP)
Sr. Member
****
Offline Offline

Activity: 405
Merit: 250


View Profile
May 10, 2013, 02:11:50 PM
Last edit: May 10, 2013, 02:52:58 PM by qwerty555
 #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

Whoever mines the block which ends up containing your transaction will get its fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715309164
Hero Member
*
Offline Offline

Posts: 1715309164

View Profile Personal Message (Offline)

Ignore
1715309164
Reply with quote  #2

1715309164
Report to moderator
1715309164
Hero Member
*
Offline Offline

Posts: 1715309164

View Profile Personal Message (Offline)

Ignore
1715309164
Reply with quote  #2

1715309164
Report to moderator
1715309164
Hero Member
*
Offline Offline

Posts: 1715309164

View Profile Personal Message (Offline)

Ignore
1715309164
Reply with quote  #2

1715309164
Report to moderator
Flatlinezor
Member
**
Offline Offline

Activity: 84
Merit: 10


Funny quote


View Profile
May 10, 2013, 03:54:44 PM
 #2

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

Calm sea doesn't breed skilled sailors!
mjc
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Available on Kindle


View Profile WWW
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

Kindle : Bitcoin Step by Step (2nd Ed) : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Kindle : Bitcoin Mining Step by Step : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Facebook :  https://www.facebook.com/BitcoinStepByStep     Twitter : @BitcoinSbS
qwerty555 (OP)
Sr. Member
****
Offline Offline

Activity: 405
Merit: 250


View Profile
May 10, 2013, 04:39:28 PM
 #4

Thanks...very helpful..Is the theory and  what people are actually achieving the same ?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!