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Author Topic: How long does it usually take to mine a bitcoin block?  (Read 81690 times)
vipgelsi
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April 06, 2014, 04:39:48 PM
 #21

Depends on your hashing power. But most people pool mine. Also a lot of luck.
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BunsenBurner
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April 06, 2014, 06:27:03 PM
 #22

i'm mining with bitminter client with my GPU that is an "ATI Radeon Caicos PRO Prototype" with a speed of 20Mhps.. how long does it take to make 1 bitcoin mining this way Huh does it worth it? or how to easily get bitcoins fast for free??? i don't wanna buy bitcoins...  Lips sealed

You should not mine bitcoin with your GPU.
Check a profit calculator (for example: https://bitcoinwisdom.com/bitcoin/calculator) and you will get the reason. Smiley


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April 06, 2014, 07:03:51 PM
 #23



For solo mining with a single GTX 680, which will produce 120 Mhashes/s, you would expect to find one block approximately every 98 years.

At the current difficulty, solo mining is inadvisable under practically all circumstances. Pooled mining should be done instead.

Furthermore, mining utilizing graphics cards is rapidly losing viability with the release of FPGA and ASIC-based mining hardware, which operates at far greater efficiency. Unless you have exceptionally cheap electricity or have a use for the heat output from the graphics card(s) (e.g. heating your house for winter), graphics card mining is unlikely to be profitable for you.

Additionally, mining with NVIDIA graphics cards has pretty much never been worthwhile, as they are far slower and less efficient than comparable ATI/AMD hardware, conflating the above issues with graphics card mining.

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April 07, 2014, 09:39:33 AM
 #24

It would be a miracle if there were a well known way how to easily get money fast for free
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April 07, 2014, 01:24:07 PM
 #25

It would be a miracle if there were a well known way how to easily get money fast for free

Not really, everyone would be doing it Wink

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April 07, 2014, 01:49:55 PM
 #26

if you  doesn't have serious equipment, then there is no sense
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