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Author Topic: how much money per m/hash?  (Read 1363 times)
zedminer
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August 20, 2011, 12:03:59 AM
 #1

anyone know currently how much usd per m/hash bitcoin mining currently will net you?

thanks
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SgtSpike
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August 20, 2011, 12:09:24 AM
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Per day?  Per month?

Anyway, 1800MH/s is getting me about 0.95 BTC/day right now.  Which means, 1MH/s would get 0.0005278 BTC/day.

So, 1MH/s will net you $0.00612/day.
ssraid
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August 20, 2011, 02:04:33 AM
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  http://www.alloscomp.com/bitcoin/calculator.php

 There you go, that should tell you what you wanna know. The current value of a bitcoin is 11.2 usd at least it was last I looked.  Smiley
buratero
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August 20, 2011, 03:22:28 PM
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dont forget about electricity cost....
zedminer
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August 20, 2011, 08:55:49 PM
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with the current prices of bitcoin, and the difficulty ever increasing, and also electricity costs.. this seems like a stupid idea to mine bitcoin.   Anyone have a counter to this reasoning,  beyond 'i do it for the love of bitcoin blah blah'
zedminer
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August 20, 2011, 09:04:35 PM
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  http://www.alloscomp.com/bitcoin/calculator.php

 There you go, that should tell you what you wanna know. The current value of a bitcoin is 11.2 usd at least it was last I looked.  Smiley

thanks for the calc
Brunic
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August 20, 2011, 10:59:52 PM
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with the current prices of bitcoin, and the difficulty ever increasing, and also electricity costs.. this seems like a stupid idea to mine bitcoin.   Anyone have a counter to this reasoning,  beyond 'i do it for the love of bitcoin blah blah'

No, that's your perspective, I'm fine with that. From my perspective, I believe I have the tools and the ressources to make this a lucrative business.

A business is not about the idea, but more about how you manage your ressources in a specific environment. Making burgers may seem like a pretty stupid and well known idea, it doesn't stop McDonalds from making them and being one of the biggest business in world history.
BlueStaze
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August 20, 2011, 11:50:29 PM
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Ya but it's not like if you can be the McDonald of Bitcoin. What so special will you do to make your Bitcoins business so much more lucrative than the other one?
SgtSpike
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August 21, 2011, 01:28:46 AM
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Ya but it's not like if you can be the McDonald of Bitcoin. What so special will you do to make your Bitcoins business so much more lucrative than the other one?
Doesn't really matter if it's more or less lucrative than the other one.  As long as it's lucrative, it's lucrative.
trentzb
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August 21, 2011, 01:37:08 AM
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Ya but it's not like if you can be the McDonald of Bitcoin. What so special will you do to make your Bitcoins business so much more lucrative than the other one?

If the business you are referring to is mining, just do it better than the next guy. Better prices on hardware, more efficient use of hardware, FPGA mining or pull an ArtForz and you are in the clear.

If you are talking about a Bitcoin business which doesn't include mining than be creative and again do it better than the next guy.
Brunic
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August 21, 2011, 01:52:22 AM
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Ya but it's not like if you can be the McDonald of Bitcoin.

Why not?
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