kerimk2 (OP)
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July 26, 2014, 09:41:36 PM |
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Yeah, SO how much is normal
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blitzcrank
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July 26, 2014, 09:44:42 PM |
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that all depends on the hash of performance you have w. the miner @ current difficulties.
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Dare
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July 26, 2014, 10:50:55 PM |
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It depends on your hashrate, the current difficulty, and the block reward of the coin you're mining. The easiest way to check is to plug the parameters of your current setup into a mining calculator and see what its estimate is (though it is an estimate, and there will always be at least a little bit of variance). For bitcoin, I prefer to use https://tradeblock.com/mining/, though there are many other calculators available.
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giveBTCpls
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July 26, 2014, 11:01:15 PM |
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What do you mean? If you want results, that's 24 7. If you want 24 7, I don't recommend using your computer, let alone your laptop as it was poor ventilation. Oh and during summer I wouldn't risk it.
Generally not worth to mine nowadays, even with ASICS imo.
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williamj2543
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July 26, 2014, 11:05:51 PM |
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Yea I used to be mining about 0.01 BTC a day (on clevermining.com) with a nice gaming computer (desktop of course), but now with the summer and the trash difficulties, I had to stop mining. It made my room hot and I would only make about 0.002 BTC a day, which is only a fraction bigger than what the electricity costs.
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kerimk2 (OP)
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July 26, 2014, 11:24:57 PM |
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that all depends on the hash of performance you have w. the miner @ current difficulties.
Alright, thanks, I will look mine up
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hugs1BTC
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July 27, 2014, 12:31:53 AM |
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If the difficulty just changed and no additional miners have come onto the network then 3,600 btc should be miner per day plus TX fees.
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kerimk2 (OP)
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July 27, 2014, 01:16:10 AM |
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Yea I used to be mining about 0.01 BTC a day (on clevermining.com) with a nice gaming computer (desktop of course), but now with the summer and the trash difficulties, I had to stop mining. It made my room hot and I would only make about 0.002 BTC a day, which is only a fraction bigger than what the electricity costs.
Why did it go down so drastically?
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williamj2543
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July 27, 2014, 01:17:03 AM |
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Yea I used to be mining about 0.01 BTC a day (on clevermining.com) with a nice gaming computer (desktop of course), but now with the summer and the trash difficulties, I had to stop mining. It made my room hot and I would only make about 0.002 BTC a day, which is only a fraction bigger than what the electricity costs.
Why did it go down so drastically? Difficulty increasing. I was mining when the litecoin difficulty was hovering around 1000, and now its 22724 and litecoin is worth half as much as it used to.
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kerimk2 (OP)
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July 27, 2014, 01:27:28 AM |
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It depends on your hashrate, the current difficulty, and the block reward of the coin you're mining. The easiest way to check is to plug the parameters of your current setup into a mining calculator and see what its estimate is (though it is an estimate, and there will always be at least a little bit of variance). For bitcoin, I prefer to use https://tradeblock.com/mining/, though there are many other calculators available. i will check mine out, thanks
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Stinky_Pete
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July 27, 2014, 01:39:25 AM |
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Define 'normal'.
The majority of people in the world do not mine anything.
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Brewins
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July 27, 2014, 03:59:01 AM |
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0.0268 bitcoin/day/Tera Hash, for solo mining.
Can vary deppending on your luck
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onlyu
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July 27, 2014, 05:41:01 AM |
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There is no easy money in mining. Do due diligent before spending a great deal of money on ASIC miners.
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notlist3d
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July 27, 2014, 06:08:21 AM |
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There is not "normal" amount. Amount of miners/what kind of miners. Someone can mine with 1 block erupter usb miner, and someone else can have a farm. So really alot of factors.
Then profit/roi aswell is different depending on factors.
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kingama
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July 27, 2014, 06:37:22 AM |
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Mining is a crap shoot. I used to think people poo-pooed mining out of respect for their own profits but all the recent ASIC advances have made it hell for everyone. Pre-orders and scams have sapped tons of value from the cryptoeconomy.
Unless you take a chance and get lucky on next gen hardware or are prepared to go world-class and create your own hardware, you're going to have a bad time at worst and a marginal time at best.
Good luck all the same!
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Tammy Chan
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July 27, 2014, 09:53:27 AM |
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that all depends on the hash of performance you have w. the miner @ current difficulties.
Alright, thanks, I will look mine up You can use a mining calculator ( https://bitcoinwisdom.com/bitcoin/calculator for example) to see how much you can expect to get with your hashrate. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Tammy Chan
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July 27, 2014, 09:56:43 AM |
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Yea I used to be mining about 0.01 BTC a day (on clevermining.com) with a nice gaming computer (desktop of course), but now with the summer and the trash difficulties, I had to stop mining. It made my room hot and I would only make about 0.002 BTC a day, which is only a fraction bigger than what the electricity costs.
Why did it go down so drastically? The difficulty today is 18,736,441,558 while the difficulty a year ago is 31,256,961. The difficulty is 600x higher, and so the mining revenue is 1/600 of what you used to get a year ago. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ranochigo
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July 27, 2014, 11:03:08 AM |
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It changes when difficulty changes. For example, you may be earning 0.1 today but you may be earning 0.09 after the next difficulty increase. I would say the normal amount would be the electricity being 5% of your total revenue. There is more chance for ROI after each difficulty increase. It differs for everyone since everyone mines at different pools and we may take longer time to block.
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wolfYella
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July 27, 2014, 01:48:05 PM |
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Yea I used to be mining about 0.01 BTC a day (on clevermining.com) with a nice gaming computer (desktop of course), but now with the summer and the trash difficulties, I had to stop mining. It made my room hot and I would only make about 0.002 BTC a day, which is only a fraction bigger than what the electricity costs.
Why did it go down so drastically? The difficulty today is 18,736,441,558 while the difficulty a year ago is 31,256,961. The difficulty is 600x higher, and so the mining revenue is 1/600 of what you used to get a year ago. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Wow it is hard to believe that difficulty has gone up that much in just one year. I guess that is what ASICs will do to the network.
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gondel
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July 27, 2014, 02:04:39 PM |
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Yeah, SO how much is normal
Hello, There is not such thing as mining normal amount. Your question is not very clear. What do you mean saying "normal"? Really dont understand you. Mining what also? Depends on what machine you have and what time you spend on mining.. Really too much things for explanation, please be little more specific. BR Gondel
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