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Showing 5 of 5 results by OneManWorld
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Board Hardware
Re: Buying a Antminer S3
by
OneManWorld
on 12/07/2014, 01:06:00 UTC
Bitcoin mining profitability calculator
Enter your set up information in the form below. Do not enter commas, only dots for decimal separator.
Bitcoin difficulty 16,818,461,371
Bitcoins per Block (BTC/block) 25
Conversion rate (USD/BTC) 623.71
Hash rate 470 GH/s
Electricity rate (USD/kWh) 0.13
Power consumption (W) 366
Time frame (months) 12
Cost of mining hardware (USD) 600
Profitability decline per year 0.61

Results
Difficulty   16,818,461,371.00
Mining Factor 100   0.00 USD/24h@100MHash/s as in these charts
Average generation time for a block (solo)   4 years, 318 days (can vary greatly depending on your luck)
Hardware break even   84 days
Net profit first time frame   1509.04 USD
Coins per 24h at these conditions   0.0141 BTC
Power cost per 24h   1.14 USD
Revenue per day   8.77 USD
Less power costs   7.62 USD
System efficiency   1284.15 MH/s/W
Mining Factor 100 at the end of the time frame   0.00 USD/24h@100MHash/s
Average Mining Factor 100   0.00 USD/24h@100MHash/s
Power cost per time frame   417.09 USD
Revenue per time frame   2526.13 USD
Less power costs   2109.04 USD
Post
Topic
Board Hardware
Topic OP
Buying a Antminer S3
by
OneManWorld
on 12/07/2014, 00:41:15 UTC
I want to try to start making money with bit coin mining. I have used a bit coin calculator and I would make money and lose none over 12 months. I have found one (http://minersource.net/products/bitmain-antminer-s3-available-july-26th) and a psu (http://minersource.net/products/thermaltake-smart-series-sp-750m-750w-atx-psu) but im wondering if I should follow through on this. My electricity costs are about 0.13/kWh. I really want to buy one too. Im worried about the bitcoin market. I cannot predict what will happen but im assuming the flow is controlled so it doesn't inflate or deflate. Im still new to bitcoin mining. Should I buy it? Thanks And Could someone link a guide/support link to the Antminer S3 if there is one?
Post
Topic
Board Mining speculation
Re: Buying a Bitcoin Miner
by
OneManWorld
on 28/06/2014, 08:12:56 UTC
Thanks for all the help! What pool program are you guys in? Im in Slushes and Eclipsemc. I will most likely be buying the R-Miner! Its only $70  now. The R-Miner will work on EasyMiner, right? Thats the only program I have tried out. Its really nice since its so simplistic, Thanks for everything Smiley
Post
Topic
Board Mining speculation
Re: Buying a Bitcoin Miner
by
OneManWorld
on 28/06/2014, 07:25:58 UTC
I would happily support the network if I earned some profit, but I cannot do it for free. Thanks for helping!
Post
Topic
Board Mining speculation
Topic OP
Buying a Bitcoin Miner
by
OneManWorld
on 28/06/2014, 07:08:48 UTC
I am looking to buy a bitcoin miner for a cheap price. I was really looking into a butterfly labs 10GH/s for $250 Link(https://products.butterflylabs.com/homepage-new-products/10-gh-s-bitcoin-miner.html) Is it worth it? I know a decent amount of information about bitcoins and such, but I dont have a big budget here. Only about $600 Max. What should I get or should I get one? If I get one I will be joining a pool. But how much bitcoin(s) can I make which a certain amount of GH/S? Thanks and I wish many bitcoins to you!! Feel free to respond and give me advice.