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Author Topic: How much do you guys make off mining?  (Read 13361 times)
TaylorGang
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July 07, 2012, 05:00:19 PM
 #1

Yo guys,
I wanna know how much you guys make. I might start mining very soon but wanna know if it's worth it.

Anyways also if you have any suggestions tell me them! Cheesy

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Thank you Cheesy
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RyNinDaCleM
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July 08, 2012, 05:55:32 AM
 #2

Yo guys,
I wanna know how much you guys make. I might start mining very soon but wanna know if it's worth it.

Anyways also if you have any suggestions tell me them! Cheesy

Unless you already have hardware, don't even bother buying mining rigs now. With the advent of *ASIC miners, you will never pay new GPU's off, therefore never turn a profit. If you go the ASIC route yourself, that would be an option.

*ASIC == Application Specific Integrated Circuit, and will begin shipping in October by the hoards.

To answer your first question, I used to make 3-4BTC/day a year ago. Now, with difficulty rising, I make a little less than 1BTC per day. This is NOT *usually* profit, just what I mine in a day (Of course it IS however, all profit *for me* since my hardware was already purchased before I heard of Bitcoin in May '11), but is not typical for someone just starting into mining.

I hope this aids you in your decision to mine or not to mine...  Smiley

RyNinDaCleM
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July 08, 2012, 06:03:43 AM
 #3

11 bitcoins a week, unless difficulty shoots up on litecoins, which is plausible.

This is true! LTC is a little bit more profitable right now, but dificulty will be going up about 40% in less than two days.

http://allchains.info/index.html

drakahn
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July 08, 2012, 06:29:15 AM
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2.2-3.2 BTC / day sent straight to BST

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
mystery2048
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July 08, 2012, 07:22:58 AM
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I think theres more profit in trading, arbitrage and investing... Smiley

Important: https://bitcointalk.org/index.php?topic=92424.0;all

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coinnewb
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July 08, 2012, 07:28:22 AM
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2.2-3.2 BTC / day sent straight to BST

Pardon my ignorance, but what is BST?
RyNinDaCleM
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July 08, 2012, 08:19:30 AM
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2.2-3.2 BTC / day sent straight to BST

Pardon my ignorance, but what is BST?

I believe he's referring to Bitcoin savings & trust.

coinnewb
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July 08, 2012, 06:02:21 PM
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2.2-3.2 BTC / day sent straight to BST

Pardon my ignorance, but what is BST?

I believe he's referring to Bitcoin savings & trust.

Got it.  Thanks!
officialsavage
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July 08, 2012, 06:34:53 PM
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I think theres more profit in trading, arbitrage and investing... Smiley

+1 arbitrage and investing
mokahless
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July 08, 2012, 07:26:44 PM
 #10

You should be able to make just over 0.5BTC per day per GH/s at the current difficulty. I get 800MH/s and make ~0.45BTC/24hours at BTCGuild. Hashrate is approximate.

coeball
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July 09, 2012, 11:48:25 AM
 #11

I don't mine so zero $.
Raw235
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July 09, 2012, 05:13:29 PM
 #12

Well, not much to be honest.

Hey there!
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July 13, 2012, 06:32:05 PM
 #13

well, I started yesterday with pretty old pc and making like 0.15btc/day. Worth it? Well, I don't do much with this pc and it's anyway 247 open so why not? And my rent includes electricity.

If people let the government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny.

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July 13, 2012, 07:59:44 PM
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I make 3 btc per day mining.

Looking for safe diversification? YABIF: Good Returns, Low Fees, Low Risk.

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July 13, 2012, 08:37:04 PM
 #15

What kind of hardware are you using to get these values?

I've just started mining from a equipment I already had.
I only pull in about BTC0.3 a day in the first few days.

I feel I have a late start here and wondering if there might be a good opportunity to jump in with the ASIC stuff.

Khanduras
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July 13, 2012, 10:15:12 PM
 #16

What kind of hardware are you using to get these values?

I've just started mining from a equipment I already had.
I only pull in about BTC0.3 a day in the first few days.

I feel I have a late start here and wondering if there might be a good opportunity to jump in with the ASIC stuff.

I've been mining for a long time but just recently registered an account on the forums.  I also get around .3 a day on good days, mining with my GPU during my idle time.

As far as the ASIC bit is concerned, if you're planning on jumping on that motion, I'd suggest doing it now.  Otherwise you'll be left behind while most people switching to ASICs are struggling to make what they make now after the switch.  It definitely isn't worth NOT getting your hands on at least one early on.

Bitcoin Address: 1N1sex4rktWdxBJcFTczYZF5Xa75C47j4c                 |
Mining Income Address: 15wgpV7fDN8fVYn1q9QaPb9XSLjGRhry5L    |
officialsavage
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July 14, 2012, 01:44:12 PM
 #17

TaylorGang - when do you plan on starting?  GPU or FPGA?
BackwardsTurtle
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August 08, 2012, 02:35:46 AM
 #18

shit, people still mine?  Shocked

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January 22, 2013, 12:52:32 AM
 #19

You should be able to make just over 0.5BTC per day per GH/s at the current difficulty. I get 800MH/s and make ~0.45BTC/24hours at BTCGuild. Hashrate is approximate.

Droid!
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January 22, 2013, 03:10:16 AM
 #20

You should be able to make just over 0.5BTC per day per GH/s at the current difficulty. I get 800MH/s and make ~0.45BTC/24hours at BTCGuild. Hashrate is approximate.
I must be doing it wrong because my 3.1Gh/s gets me about .5BTC/day +/-
You might want to double check those numbers Wink

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