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Showing 3 of 3 results by mylo91
Alright then I'll change the harware. Let's say the Antiminer S3 which costs around 300 euros with the actual value ot the BTC (0.68 btc=294.77 eur)
So again let's say I have a budget of about 8000 which means I could buy around 26 antiminers which would give me about 11.4 TH/s and a consumption of about 8840 watt. What would you reply with this hardware and consumption using the antiminer. What would be the answer to the original questions? Thank you for the replies!!
Oh one more thing. the antiminer is only bought with BTC so I was thinking about buying the required BTCs with the euros which is now traded for 433.7 .
So again let's say I have a budget of about 8000 which means I could buy around 26 antiminers which would give me about 11.4 TH/s and a consumption of about 8840 watt. What would you reply with this hardware and consumption using the antiminer. What would be the answer to the original questions? Thank you for the replies!!
Oh one more thing. the antiminer is only bought with BTC so I was thinking about buying the required BTCs with the euros which is now traded for 433.7 .Hello everybody,
I am a new user, but I have collected some informations about the bitcoin and the mining.
First of all I would like to start mining using some savings I have.
All advices will be taken into account.
I would like to start with 3 terahash and especially using the devices from this site https://products.butterflylabs.com/
So I would like to know what is needed. Do I need to buy the asic and need a case where to install it? I saw the imperial monarch can be plugged via usb. is it true? and it's also quite powerful, I think. 1 TH/s is pretty good, don't you think?
Second, I have read that more or less the difficulty increases every two weeks with an approximate rate of +30%. So if I have 3 TH/s, the electric power costs me about 0,06 and I need an initial investment of about 6000 for the asic what would by my ROI and more particularly how much time would I need to wait with those assumptions? (let's also say that the bitcoin is kept at 440 euros all the time as a costant). And what about 4 TH/s with an invstment of 8000 ?
I forgot to mention the power. 1 TH/s needs 650 watt. (price for electric power again is 0,06 ).
Thank you very much.
P.S. Not interested in comments like "don't do it" and it's impossible to say since I said to keep constant the value of the bitcoin and that the rise in difficulty would be about 30% every 2 weeks.
I am a new user, but I have collected some informations about the bitcoin and the mining.
First of all I would like to start mining using some savings I have.
All advices will be taken into account.
I would like to start with 3 terahash and especially using the devices from this site https://products.butterflylabs.com/
So I would like to know what is needed. Do I need to buy the asic and need a case where to install it? I saw the imperial monarch can be plugged via usb. is it true? and it's also quite powerful, I think. 1 TH/s is pretty good, don't you think?
Second, I have read that more or less the difficulty increases every two weeks with an approximate rate of +30%. So if I have 3 TH/s, the electric power costs me about 0,06 and I need an initial investment of about 6000 for the asic what would by my ROI and more particularly how much time would I need to wait with those assumptions? (let's also say that the bitcoin is kept at 440 euros all the time as a costant). And what about 4 TH/s with an invstment of 8000 ?
I forgot to mention the power. 1 TH/s needs 650 watt. (price for electric power again is 0,06 ).
Thank you very much.
P.S. Not interested in comments like "don't do it" and it's impossible to say since I said to keep constant the value of the bitcoin and that the rise in difficulty would be about 30% every 2 weeks.