Bitcoin's hashrate climbed to an all-time high(ATH)this week touching 166 exahash per 2nd(EH/s)on October 14. Despite the current price rise and also hashrate ATH on Wednesday, just a tiny group of next-generation mining rigs are profiting at present bitcoin exchange prices.
How many devices does a miner need currently to be profitable in mining Bitcoin ? Any known estimations?
Hi people, I would be really grateful if someone pointed me to a link (or directly knew the answer) where I can research further the question how much computers(or ASICS) does a mining-farm need at MINIMUM for BItcoin , to comfortably be able to produce regular blocks and be profitable (after all electricity costs etc. )?
I know electricity costs differ by region, but just approximately-> the question I would love to grasp is: How many computers or "mining devices" (what type of devices-GPUs, or ASICS, etc.?) should a mining-farm include to have realistic chances to be profitable?
100 Computers/devices? 100,000 devices? I just dont have any feeling for the magnitude we are dealing with.
04-15 06:53 - 'Invest with us today and make profit 24 hours a day. Currently Blockchain offers cloud mining services to specific investors, this process is very simple and transparent.' (i.redd.it) by /u/sarah-abdul removed from /r/Bitcoin within 29-39min
It seems that no miners want to mine BTC for profit. Bitcoin Cash Mining Profitability (vs BTC) It is currently... 3.80% more profitable to mine on the Bitcoin (BTC) blockchain. Bitcoin SV Mining Profitability (vs BTC) It is currently... 55.60% more profitable to mine on the Bitcoin (BTC) block
Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020. QUICK TIP. Unless you have access to very cheap electricity, and modern mining hardware then mining isn’t ... Bitcoin mining profitability depends on several factors. The best way to stay on top of the difficulty curve and maximize the odds of achieving profitability is by acquiring the latest, most efficient mining hardware at a fair price. Those looking to turn a profit by investing in new mining hardware will need to consider the price and shipping cost (and any potential delays), import taxes, and ... Bitcoin is the most profitable if you have millions to invest. Crypto mining profitability is highly nuanced, it depends on a wide range of variables such as hardware, electricity costs, and the type of cryptocurrency you would like to mine.. Bitcoin is the most profitable coin to mine currently, although not if you’re an individual miner, in most cases. Top Cryptocurrency To Mine 2020. (BTC) Bitcoin Mining Bitcoin mining trouble is at present at an unequaled high somewhere in the range of 110 and 120 million terahashes every second, showing that a ton of new mining limit has been added to the organization, yet since the cost hasn’t completely recuperated from the plunge brought about by the rise of COVID-19, we ought to expect the greater part of the miners being briefly at a misfortune ...
Is Android Mining Cryptocurrency Profitable? - YouTube
Is GPU mining still worth it? Is GPU mining profitable in 2020?! We review GPU mining profitable and the best graphics cards for mining in 2020 along with CP... I mined cryptocurrency full-time for over a year, this is a story of my journey navigating mining cryptocurrency such as Bitcoin, Ethereum, Zcash and many mo... Crypto Mining in 2019 has been steady which is good news for us miners. My small little mining farm has been bitcoin mining via profit switching software more so than usual. Yes, I still do ... WANT FREE STOCK FAST? CLICK LINK And CLICK "SIGN UP NOW"! 💲💲💲 http://join.robinhood.com/jareds7 ALL VIDEOS ARE ONLY REPRESENTATIVE OF MY OPINION. ONLY INVEST... Tags: bitcoin mining, bitcoins investment, mining rig, mining bitcoins, crypto investor, cryptocurrency investing, brucewang, btcbruce, Bitcoin Mining September 2018, Antminer S9 Profitable in ...