I plan to purchase a gaming desktop with a hash rate of 114.5 MH/s.
I thought of mining BTC since I have it.
https://postimg.cc/06244j6PWhen I searched on Google for "How much can I make with 114.5 MH/s mining BTC?", I found that the earnings could range from a few cents to $3.68 per day.
https://postimg.cc/PN42gTjqAfter researching, I discovered that with 114.MH/s in a mining pool, one can earn anywhere from a few cents to $1.76 per day.
https://postimg.cc/JHnZVwNyQUESTIONS1. Is mining BTC even worth it? (Maybe I'm missing something.)
Even if I could earn $3.68 per day, that would only amount to $1,340 per year. Therefore, it would take six years to break even. One of my gaming PCs broke down after only three years of use, and I only used it for several hours a day. Fortunately, I purchased an extended warranty, so it didn't cost anything to fix it.
After 5 years of use, my last gaming PC broke down. Unfortunately, it was past the 3-year warranty.
Can you imagine how quickly it would break if I used it 24/7?
2. Why use a mining pool if it only gives you half the profit and requires constant use?
There are many YouTube videos that claim you can earn money using your own computer.
Crypto Mine With Your Gaming PC-NiceHash 2021 Tutorialhttps://www.youtube.com/watch?v=vpEqexTrQ5gHow to MINE Bitcoin with your PC or Laptop! Earn $5-60+ PER DAY!https://www.youtube.com/watch?v=wSz3tIO3kZoEtc.