|
Joshuar (OP)
|
 |
March 05, 2014, 03:58:45 PM |
|
So I've seen a few(many) posts regarding people getting their mining equipment months, sometimes a year after they ordered it, by which then the difficulty to mine Bitcoin has already increased, rendering their bought mining rig useless. So, can someone please explain how much of a profit do they make off mining Bitcoin? How much did your rig/asics cost? How much Bitcoins do you make a day average? Is it possible to mine solo instead of in a pool and how much would it cost to do it efficiently?
|
| ❱❱ | | ██
█║█
║║║
║║║
█║█
██ | | | | |
▄██▄
▄██████▄
▄██████████
▄██████████▀ ▄▄
▄██████████▀ ▄████▄
▄██████████▀ ████████▄
██████████▀ ▀████████
▀███████▀ ▄███▄ ▀████▀ ▄█▄
▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄
▄███████▄ ▄██████████ ▄█████████
█████████ ▄██████████▀ ▄██████████▀
▀█████▀ ▄██████████▀ ▄██████████▀
▀▀▀ ▄██████████▀ ▄██████████▀
██████████▀ ▄██████████▀
▀███████▀ █████████▀
▀███▀ ▄██▄ ▀█████▀
▄██████▄ ▀▀▀
█████████
▀█████▀
▀▀▀ | | e i d o o
██
| |
▄██▄
▄██████▄
▄██████████
▄██████████▀ ▄▄
▄██████████▀ ▄████▄
▄██████████▀ ████████▄
██████████▀ ▀████████
▀███████▀ ▄███▄ ▀████▀ ▄█▄
▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄
▄███████▄ ▄██████████ ▄█████████
█████████ ▄██████████▀ ▄██████████▀
▀█████▀ ▄██████████▀ ▄██████████▀
▀▀▀ ▄██████████▀ ▄██████████▀
██████████▀ ▄██████████▀
▀███████▀ █████████▀
▀███▀ ▄██▄ ▀█████▀
▄██████▄ ▀▀▀
█████████
▀█████▀
▀▀▀ | | | | | ██
█║█
║║║
║║║
█║█
██ | | ❰❰ | | |
|
|
|
|
|
|
|
|
|
|
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
railzand
Sr. Member
 Offline
Activity: 462
Merit: 250
Lux e tenebris
|
|
March 05, 2014, 04:37:15 PM |
|
So I've seen a few(many) posts regarding people getting their mining equipment months, sometimes a year after they ordered it, by which then the difficulty to mine Bitcoin has already increased, rendering their bought mining rig useless. So, can someone please explain how much of a profit do they make off mining Bitcoin? How much did your rig/asics cost? How much Bitcoins do you make a day average? Is it possible to mine solo instead of in a pool and how much would it cost to do it efficiently?
not much. a lot. not many. yes and a hella lot. |
|
|
|
xdigital
Newbie
Offline
Activity: 41
Merit: 0
|
|
March 05, 2014, 06:03:04 PM |
|
|
|
|
|
|
GhostPlayer
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
March 05, 2014, 06:26:10 PM |
|
Yes.
|
|
|
|
|
Chucky1976
Newbie
Offline
Activity: 14
Merit: 0
|
|
March 05, 2014, 06:29:33 PM |
|
Yeah it doesn't pay near what you may think!!
|
|
|
|
|
toxique
Newbie
Offline
Activity: 24
Merit: 0
|
|
March 06, 2014, 07:42:06 AM |
|
Are there any advantages to mine solo instead of in a pool?
|
|
|
|
|
|
minereu.com
|
|
March 06, 2014, 10:34:46 AM |
|
Are there any advantages to mine solo instead of in a pool?
It's like fund manager VS index. If you are good enough, you will be able to beat the pool. |
MinerEU.com A2BOX(84M) A2MINI(28M) in stock and ready to ship out. This is not a pre-order and we do not do pre-order
|
|
|
|
Bonio
|
|
March 06, 2014, 11:45:25 AM |
|
|Good enough or lucky enough  |
|
|
|
nonons
Newbie
Offline
Activity: 5
Merit: 0
|
|
March 06, 2014, 05:07:17 PM |
|
no alt coin mining is profitable
|
|
|
|
|
cloverme
Legendary
Offline
Activity: 1512
Merit: 1054
SpacePirate.io
|
|
March 06, 2014, 06:51:30 PM |
|
So I've seen a few(many) posts regarding people getting their mining equipment months, sometimes a year after they ordered it, by which then the difficulty to mine Bitcoin has already increased, rendering their bought mining rig useless. So, can someone please explain how much of a profit do they make off mining Bitcoin? How much did your rig/asics cost? How much Bitcoins do you make a day average? Is it possible to mine solo instead of in a pool and how much would it cost to do it efficiently?
Xdigital had it right, there are calculators that will tell you when you will pay off your investment in hardware. I make a 90% profit return on mining after paying fixed expenses (power, etc). Mining equipment varied in price over time, from $5k to as little as $500 depending on when it was purchased. Focus on pooled mining, I don't know anyone who mines solo anymore. |
|
|
|
|
|
minereu.com
|
|
March 06, 2014, 08:06:17 PM |
|
|Good enough or lucky enough Actually, you are probably right  Most fund managers are no better than index, but they convince their clients with “special” trading strategy. |
MinerEU.com A2BOX(84M) A2MINI(28M) in stock and ready to ship out. This is not a pre-order and we do not do pre-order
|
|
|
jayson001
Newbie
Offline
Activity: 40
Merit: 0
|
|
March 11, 2014, 06:35:42 PM |
|
no alt coin mining is profitable
proof? |
|
|
|
|
jayson001
Newbie
Offline
Activity: 40
Merit: 0
|
|
March 11, 2014, 06:37:05 PM |
|
|Good enough or lucky enough Actually, you are probably right Most fund managers are no better than index, but they convince their clients with “special” trading strategy. here is the website to for LTC calculation http://bitcoinwisdom.com/litecoin/calculator |
|
|
|
|
|
