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Author Topic: Bitcoin Hash Rate  (Read 852 times)
V8x8d
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March 31, 2014, 12:45:04 PM
 #1

What is the minimum hash rate needed to meaningfully mine Bitcoin?
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nachius
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March 31, 2014, 08:02:54 PM
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That's a very vague question and the answer changes every 10ish days!

To help answer the question properly what are you goals?
How much do you have to invest/lose?
How much is electricity where you will be mining?

Online calculators (like genesis block mining calc) will be a place to start to give you an idea of your return over a period for a certain hashrate and cost, but there is a lot more to it than just saying 1THs is enough.  Enough for how much for how long and what can you justify spending on that 1Ths?
pjviitas
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April 02, 2014, 02:53:33 AM
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What is the minimum hash rate needed to meaningfully mine Bitcoin?

2 x Antminer S1 will make you about 1 BTC a month right now.
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April 02, 2014, 02:57:08 AM
 #4

What is the minimum hash rate needed to meaningfully mine Bitcoin?

You could go script mining. $1500 gets a CONSITENT $250 ish equiv. to btc monthly. Since there are so many coins, you can also swap algo's if you choose. Unless actually mine sha256, I'd go with 3 s'1s personally, and eventually trade up to a s2.

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