Post
Topic
Board Mining speculation
Re: Need recommendation on mining just to earn $50/month, don't need to make profit
by
Sharma
on 07/03/2016, 07:22:14 UTC
thanks guys

so http://www.amazon.com/AntMiner-S5-~1155Gh-0-51W-Bitcoin/dp/B00RCTIY4G

so does everyone pretty much say i could expect to make around $50 in USD's worth of bitcoins?
electricity is what it is, i'll assume it will be a loss, but just in terms of what it can generate conservativeliy what do you guys think?

also is this all i need? should i get anything along with this machine like fan etc...?

I think $239 is quite steep for an S5. I'm pretty sure they'll be cheaper here on this forum...
Regarding the $50, please use the link i gave in my previous post: http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=1155&p=1300.00&pc=0.00&pf=0.01&d=158427203767.39200000&r=25.00000000&er=414.08230000&hc=0.00

At current diff, with current block reward and with current BTC price, it'll make you about $45 on average (not including power costs or initial cost to purchase).

Since the diff might rise, the blocks will halve and the price fluctuates, you might need 2 S5's just to be sure.
If you want an other option, use the link i gave in my previous post to compare this with other hardware.