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
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
you need to look at the roi time, with the current value of bitcoin, investing 10k is not that bad, because you are looking for 10 months, roi which is standard in crypto
if you factor that bitcoin can go to 2k this year it look even better, but thee diff will increase long before that making the possible increase of the value kinda pointless
if you can afford those antminer, a good strategy would be to mine until 66% of roi and then sell the asic, they should retain a good price in 6-7 months
There is no accurate answer because the amount will be different everyday based on difficulty, what pool you're in etc. I mean honestly if you're in a smaller pool there could be days that nothing is mined by any of you within the pool.