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Author Topic: Fees are 0.06$ in my country. Should i start mining?  (Read 719 times)
yishak (OP)
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September 16, 2017, 08:38:32 AM
 #1

Also how much can I expect to earn per day also how much kW per day will mining take?
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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mocacinno
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September 16, 2017, 08:40:54 AM
 #2

Also how much can I expect to earn per day also how much kW per day will mining take?

Depends on:
- Your infrastructure
- how much you can invest in hardware
- wether you'll mine btc or altcoins

There is no way of answering you straight up, if you have a suitable mining room (shelves, cooling, network, wiring) and a million to invest you'll get a completely different answer than when you'll be placing an asic in your living room and have a budget of 500 bucks.

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Lancusters
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September 16, 2017, 08:00:26 PM
 #3

This is not the correct question. You need to decide what equipment you will use. There are specialized sites where there is a calculator of your income. For Example Nicehash.com. You will not get an accurate picture, but it's about will know.
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September 17, 2017, 06:07:36 AM
 #4

So your question and thinking goes like this..

Baseball players make millions...Should I play baseball?

Support Alien Beer Circle research...www.youtube.com/watch?v=MRXDk2RMQ4A
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September 17, 2017, 11:25:39 AM
 #5

Also how much can I expect to earn per day also how much kW per day will mining take?

If you're talking about BTC mining:

1) Research the hashing power of currently available ASICs

2) Research the wattage required of said ASICs

3) Check historical difficulty increases

4) Assume that future difficulty increases will be even higher

5) Assume that delivery times until your ASICs arrived will be worse than anticipated

6) Punch those numbers into one of the many available mining profitability calculators


If you're talking about alt coin mining using GPUs: Replace 1) and 2) with research about GPU hashing power per graphic card type per hashing algorithm

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veleten
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September 18, 2017, 07:28:53 PM
 #6

Also how much can I expect to earn per day also how much kW per day will mining take?

use any mining calculator to get info:
https://www.coinwarz.com/calculators/bitcoin-mining-calculator
https://www.nicehash.com/profitability-calculator?lang=en
https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12
https://whattomine.com/
https://en.minergate.com/calculator/cryptonote
https://hashing24.com/calculator
https://bits.media/calculator/

also,read this forum as to what equipment is used for mining and is efficient

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