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What is the typical cost of mining one bitcoin right now?
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Poast new message in this thread
Date: December 10th, 2017 11:06 PM Author: Bateful Khaki Bbw (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887283) |
Date: December 10th, 2017 11:07 PM Author: Slap-happy Abode Feces for the average miner? or for you?
most miners likely have heavily subsidized electricity. |
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Date: December 10th, 2017 11:08 PM Author: silver disrespectful sanctuary for me on my laptop (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887294) |
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Date: December 10th, 2017 11:09 PM Author: Slap-happy Abode Feces i miss 2010 as well, man (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887309) |
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Date: December 10th, 2017 11:08 PM Author: Bateful Khaki Bbw Answer whichever one you know the answer for. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887303) |
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Date: December 10th, 2017 11:15 PM Author: silver disrespectful sanctuary (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887359) |
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Date: December 10th, 2017 11:39 PM Author: Slap-happy Abode Feces most miners are part of mining pools, which pay you according to the amount of "hash power" you contribute to the pool, not for finding bitcoins. weighted socialism. imagine if a bunch of gold miners got together and decided that if anyone found a gold nugget, they would split it according to how much rock each miner dug out since the last nugget was found. that's the idea.
so the metrics that matter for profitability are 1) cost of equipment 2) hash power produced by equipment 3) cost of electricity 4) value of bitcoin/payout |
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Date: December 10th, 2017 11:08 PM Author: Claret nudist pozpig Just mined two bitcoin using a legalpad, ballpoint pen, and a TI82. Sup? (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887295) |
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Date: December 10th, 2017 11:08 PM Author: Opaque comical point (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887302) |
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Date: December 10th, 2017 11:44 PM Author: flirting aquamarine cumskin (McKinsey consultant) (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887555) |
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Date: December 10th, 2017 11:47 PM Author: talented principal's office multi-billionaire (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887578) |
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Date: December 10th, 2017 11:24 PM Author: Bateful Khaki Bbw According to a bit of googling, it's a few thousand dollars. The highest estimate I saw was $5,000.
That suggests bitcoin is very overpriced. Why buy one for $17,000 when you can make one (with your mining pool friends) for far less? |
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Date: December 10th, 2017 11:24 PM Author: silver disrespectful sanctuary cr what website do i go to to mine it. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887427) |
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Date: December 10th, 2017 11:40 PM Author: Motley nibblets http://macminer.fabulouspanda.com (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887532) |
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Date: December 11th, 2017 9:55 AM Author: rambunctious hot state useless brakes https://www.buybitcoinworldwide.com/mining/profitability/ (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34888927) |
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Date: December 11th, 2017 3:57 PM Author: Bisexual laughsome center potus without asics and cheap electricity, you really can't mine it profitably unless the price continues to skyrocket, in which case you'd have been better off owning the currency directly. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34891979) |
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Date: December 11th, 2017 3:59 PM Author: Bateful Khaki Bbw Yes, but some people are mining them.
What's the cost? |