Post
Topic
Board Mining speculation
Re: want to mine 1 btc in a month by mining
by
leowonderful
on 12/04/2017, 11:56:22 UTC
i have known about bitcoin since year 2012, but i never did mining until now because i dont have knowledge about technical in mining and also the main considering is the cost of hardware of mining, but i want to try to mine btc and have a target to make 1 btc in a month.
my question is :
1. what hardware i need to create a mining rig ?
2. how much its cost ?
3. what the minimum hashrate to produce 1 btc in a month by mining?
thank you

At the current difficulty levels, to be mining 1 BTC per month you'll need around 66 TH/s.
For that, you're going to need 5 antminer S9s which would come to $10,500
Of course you will have to also include electricity costs and contribution to initial cost in your earning per month too...

If that seems a bit high I think you should lower your aspirations a little Wink
thank you very much for your info, that to produce 1 btc in a month i need around 66 TH/s and cost of buying hardware of 5 antminer S9to need  $10,500 ..wowww it is very surpricing for me and it is very expensive for me.

You don't need so much if you want to mine other crypto and trade it to BTC, which many people already do so here. A cheap CPU with a LGA 1150 mobo and 2-4 gigs of ram as well as a few RX 470s costs less than a S9 and it makes you more money. It's largely the reason why there's much less mining discussion about bitcoin these days.