Post
Topic
Board Mining speculation
Re: Need help with Future Bitcoin Farm
by
alh
on 20/10/2016, 18:33:07 UTC
To generate 5,000 Bitcoins per month at current difficulty you would need to be running 170,000 terrahash/s.

This is the equivalent to about 13,000 Antminer S9s.

These would draw about 17 Megawatts.  The miners would also cost about $20 million to purchase.

So the first thing you will need to do is to travel the world looking for a hydro plant or similar that is capable of providing say 20 megawatts or more of cheap power.  Then you need to construct somewhere to house the miners and call BitmainTech with your $20 million dollars in hand.

If you only want 500 Bitcoins per month divide everything by 10.

And don't forget that every month your BTC income (NOT profit) will likely decline by about 4%, possibly more. This is called the difficulty adjustment.