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What is the typical cost of mining one bitcoin right now?

...
Magical Fantasy-prone Garrison
  12/10/17
for the average miner? or for you? most miners likely hav...
Trip Nofapping Church Building
  12/10/17
for me on my laptop
walnut striped hyena
  12/10/17
i miss 2010 as well, man
Trip Nofapping Church Building
  12/10/17
Answer whichever one you know the answer for.
Magical Fantasy-prone Garrison
  12/10/17
...
walnut striped hyena
  12/10/17
most miners are part of mining pools, which pay you accordin...
Trip Nofapping Church Building
  12/10/17
Just mined two bitcoin using a legalpad, ballpoint pen, and ...
snowy fighting coffee pot native
  12/10/17
it is 2009
Drunken Spruce Puppy Piazza
  12/10/17
...
Dull Locus Gay Wizard
  12/10/17
(McKinsey consultant)
slap-happy resort pocket flask
  12/10/17
...
Low-t Zippy Clown
  12/10/17
According to a bit of googling, it's a few thousand dollars....
Magical Fantasy-prone Garrison
  12/10/17
cr what website do i go to to mine it.
walnut striped hyena
  12/10/17
http://macminer.fabulouspanda.com
Hairraiser patrolman
  12/10/17
I have no idea how to make one, for one
Adventurous Magenta Nursing Home Toaster
  12/10/17
/facepalm
Drunken Spruce Puppy Piazza
  12/10/17
Go on.
Magical Fantasy-prone Garrison
  12/11/17
https://www.buybitcoinworldwide.com/mining/profitability/
Drunken Spruce Puppy Piazza
  12/11/17
And?
Magical Fantasy-prone Garrison
  12/11/17
Keep on wagecucking away boys.
lilac lodge
  12/11/17
...
Ungodly faggotry crackhouse
  12/11/17
without asics and cheap electricity, you really can't mine i...
Haunting histrionic parlour fortuitous meteor
  12/11/17
Yes, but some people are mining them. What's the cost?
Magical Fantasy-prone Garrison
  12/11/17


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Reply Favorite

Date: December 10th, 2017 11:06 PM
Author: Magical Fantasy-prone Garrison



(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887283)



Reply Favorite

Date: December 10th, 2017 11:07 PM
Author: Trip Nofapping Church Building

for the average miner? or for you?

most miners likely have heavily subsidized electricity.

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887291)



Reply Favorite

Date: December 10th, 2017 11:08 PM
Author: walnut striped hyena

for me on my laptop

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887294)



Reply Favorite

Date: December 10th, 2017 11:09 PM
Author: Trip Nofapping Church Building

i miss 2010 as well, man

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887309)



Reply Favorite

Date: December 10th, 2017 11:08 PM
Author: Magical Fantasy-prone Garrison

Answer whichever one you know the answer for.

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887303)



Reply Favorite

Date: December 10th, 2017 11:15 PM
Author: walnut striped hyena



(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887359)



Reply Favorite

Date: December 10th, 2017 11:39 PM
Author: Trip Nofapping Church Building

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

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887525)



Reply Favorite

Date: December 10th, 2017 11:08 PM
Author: snowy fighting coffee pot native

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)



Reply Favorite

Date: December 10th, 2017 11:08 PM
Author: Drunken Spruce Puppy Piazza

it is 2009

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887298)



Reply Favorite

Date: December 10th, 2017 11:08 PM
Author: Dull Locus Gay Wizard



(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887302)



Reply Favorite

Date: December 10th, 2017 11:44 PM
Author: slap-happy resort pocket flask

(McKinsey consultant)

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887555)



Reply Favorite

Date: December 10th, 2017 11:47 PM
Author: Low-t Zippy Clown



(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887578)



Reply Favorite

Date: December 10th, 2017 11:24 PM
Author: Magical Fantasy-prone Garrison

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?

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887424)



Reply Favorite

Date: December 10th, 2017 11:24 PM
Author: walnut striped hyena

cr what website do i go to to mine it.

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887427)



Reply Favorite

Date: December 10th, 2017 11:40 PM
Author: Hairraiser patrolman

http://macminer.fabulouspanda.com

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887532)



Reply Favorite

Date: December 10th, 2017 11:25 PM
Author: Adventurous Magenta Nursing Home Toaster

I have no idea how to make one, for one

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887430)



Reply Favorite

Date: December 10th, 2017 11:50 PM
Author: Drunken Spruce Puppy Piazza

/facepalm

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887586)



Reply Favorite

Date: December 11th, 2017 12:43 AM
Author: Magical Fantasy-prone Garrison

Go on.

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887818)



Reply Favorite

Date: December 11th, 2017 9:55 AM
Author: Drunken Spruce Puppy Piazza

https://www.buybitcoinworldwide.com/mining/profitability/

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34888927)



Reply Favorite

Date: December 11th, 2017 2:51 PM
Author: Magical Fantasy-prone Garrison

And?

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34891439)



Reply Favorite

Date: December 11th, 2017 3:45 AM
Author: lilac lodge

Keep on wagecucking away boys.

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34888201)



Reply Favorite

Date: December 11th, 2017 3:47 AM
Author: Ungodly faggotry crackhouse



(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34888203)



Reply Favorite

Date: December 11th, 2017 3:57 PM
Author: Haunting histrionic parlour fortuitous meteor

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)



Reply Favorite

Date: December 11th, 2017 3:59 PM
Author: Magical Fantasy-prone Garrison

Yes, but some people are mining them.

What's the cost?

(http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34891992)