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Author Topic: 2Gh/s enough?  (Read 6478 times)
wkdwilliam (OP)
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March 06, 2014, 10:58:29 PM
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Would an Asicminer that mines at 2Gh/s running on a Rasberry PI be enough to make a decent amount? I'm quite new to this.
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GordonBM
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March 06, 2014, 11:22:48 PM
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Barely.
At current difficulty 0.00801335BTC or something like 5.3$ per month.
Difficulty will rise in about 1-1.5 week and then it will drop to 5$/month.

Here are some calculators.
http://www.alloscomp.com/bitcoin/calculator
http://dustcoin.com/
http://www.coinwarz.com/calculators/bitcoin-mining-calculator
http://bitcoinminingcalculator.org/
http://bitcoinwisdom.com/bitcoin/calculator
http://bitcoin.web-share.nl/#


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Loophole
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March 07, 2014, 01:22:21 AM
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It is simply not profitable at all.

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March 07, 2014, 01:35:21 AM
 #4

Would an Asicminer that mines at 2Gh/s running on a Rasberry PI be enough to make a decent amount? I'm quite new to this.

You're not going to really make any money mining with 2Gh/s.  If you want to make more than $250 a day, you need about 3,000 Gh/s.  2Gh/s is going to give you about 10 to 15 cents a day.
addictminer
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March 07, 2014, 03:04:46 PM
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At the current difficulty level I would say 2 GHS is just not enough Smiley

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n2004al
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March 07, 2014, 03:34:39 PM
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2 gh/s is nothing to mine. But every amount is insufficient in itself. To mine with continues profit needed to increase always the amount of gh/s in work...
lemier
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March 08, 2014, 05:18:18 PM
 #7

I was thinkig that mining in the present time isn't profitable cause there are big corporations who have powerful mimig computes. So why not to leave minig for them ?
Equate
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March 08, 2014, 05:34:03 PM
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Not worth
cloverme
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March 08, 2014, 07:40:45 PM
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I was thinkig that mining in the present time isn't profitable cause there are big corporations who have powerful mimig computes. So why not to leave minig for them ?

It is profitable, you just have to invest more money now than you did a couple of years ago as an entry point.  What is interesting now, is that the bitcoin ASIC hardware developers have realized that they are now in competition with each other, so the prices are starting to come down per Gh.   

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March 09, 2014, 05:55:20 AM
 #10

Barely.
At current difficulty 0.00801335BTC or something like 5.3$ per month.
Difficulty will rise in about 1-1.5 week and then it will drop to 5$/month.

Here are some calculators.
http://www.alloscomp.com/bitcoin/calculator
http://dustcoin.com/
http://www.coinwarz.com/calculators/bitcoin-mining-calculator
http://bitcoinminingcalculator.org/
http://bitcoinwisdom.com/bitcoin/calculator
http://bitcoin.web-share.nl/#



+1

"profitable" is a difficult question to answer without all the other variables (cost of miner ect) but GordonBM shared some decent resources for you to begin your own calculations.

I had to laugh at myself because my first reaction reading this was "NO" but that's how I've felt about every machine I've ever owned (cars/computers)....mining for me is that mindset on steroids ;-).
It may be a good place to start and build from....wishing you "much luck"

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
Sanningcreet25
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March 11, 2014, 03:56:57 AM
 #11

Get of G's up pal. You need roughly 1000GH/s to make an adequate amount. 
Wanesst
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March 11, 2014, 07:45:52 PM
 #12

I'm quite new for this too but even for me it seems not profitable

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March 11, 2014, 10:58:57 PM
Last edit: March 11, 2014, 11:09:49 PM by _Miracle
 #13

This guy seems really fair to work with https://bitcointalk.org/index.php?topic=382494.0
 I haven't personally but you can observe for yourself in the thread (he's out of stock at the moment)
USB sticks are easy to setup for a first go at mining and then easy to expand if you find that you enjoy the process.... you will find many threads on this forum that will be helpful.

Bitminter has an easy GUI to try out.

I sold miners because they were no longer profitable but I have the mining bug ... so more hardware is on its way to me....maybe I'll luck out and break even.


Also https://www.minersource.net/  I have not made a purchase with them either but they are genuinely helpful in comments.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
dbwilkins
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March 12, 2014, 05:25:06 PM
 #14

Well, for the beginning it's enough but in the nearest future as mining is going to be less profitable and more difficult I think not.
n2004al
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March 28, 2014, 05:36:35 PM
 #15

Would an Asicminer that mines at 2Gh/s running on a Rasberry PI be enough to make a decent amount? I'm quite new to this.

What have you decided?  Wink
xstr8guy
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March 29, 2014, 12:27:16 AM
 #16

Threads like this make me sad.   Cry
openyourmind
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March 29, 2014, 06:57:43 AM
 #17

Threads like this make me sad.   Cry

Why?
as for me I think 2Gh/s is quite enough for mining for now (2-3 months ) but if you are looking in future it's not quite good
blackvoice
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March 29, 2014, 01:46:05 PM
 #18

Would an Asicminer that mines at 2Gh/s running on a Rasberry PI be enough to make a decent amount? I'm quite new to this.

It's fast but not worth

For rig, energy save is more important
n2004al
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March 30, 2014, 01:49:25 PM
 #19

Threads like this make me sad.   Cry

Why?
as for me I think 2Gh/s is quite enough for mining for now (2-3 months ) but if you are looking in future it's not quite good

This mining time is not enough to have your money back...
nybbler905
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March 31, 2014, 12:42:53 AM
 #20

Would an Asicminer that mines at 2Gh/s running on a Rasberry PI be enough to make a decent amount? I'm quite new to this.

Depends on when the difficulty changes, currently I've got one rig with 3 Ants and 4 Block erupters that can at times get me 0.001 per 24 Hours ( estimate 0.01 payout every 11-15 days currently ) so more hashing power, more money.  As I've bought 2 of the ants with what I earned in pools ( and a ton of ' dust ' from free BTC sites ) profit is relative.  If you are looking to get 1 BTC in a year or less, you really need around the max a Pi can handle ( 120 miners and related powered hubs ).

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