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Re: bitcoin goes high, halving gets near what's the 'near future' of mining?
In the near future I see a lot of miners being turned off after the big dump of the halving. We'll climb price based on speculation and then when the magical moment hits we'll see huge sell off.
I agree with that, as with usual stock optional behavior...
Don't expect to earn money (not even ROI) with inefficient (outdated) hardware, and especially in places where the electricity is that expensive. I had access to 0.08 USD per 1KW and even with that price it would not be profitable to mine with that device. Mining as a hobby is not possible anymore unless you want to slowly lose money over time.
Mod hint: Please refrain from posting several posts in a row and try to group posts whenever possible.
So that means that only firms can earn with something like bitcoin farms in iceland ?Mod hint: Please refrain from posting several posts in a row and try to group posts whenever possible.
So I've used this website :
https://bitcoinwisdom.com/bitcoin/difficulty
with this on Ebay : 136USD - AntMiner S3+ 445 GH/s 350W
The result is : 19.4 USB/month
In France, it's 0,165 USD for 1kW/h
So 1 month with 350W is 260kW/h => 42,9USD
It means that it's impossible to earn money in France ?
https://bitcoinwisdom.com/bitcoin/difficulty
with this on Ebay : 136USD - AntMiner S3+ 445 GH/s 350W
The result is : 19.4 USB/month
In France, it's 0,165 USD for 1kW/h
So 1 month with 350W is 260kW/h => 42,9USD
It means that it's impossible to earn money in France ?
If OP is just wanting to learn he could use a Compac usb stick miner. It's still the most recent stick miner. For just learning it is great as it makes the person learn some of the command's. So I consider it educational.
Now if OP is looking for best bang for the buck then full machines are going to be what he want's. But we really need to know electricity price as you pointed out some are old and could be like losing money every day it runs. Which is not a ton of fun.
I've read that it's now almost impossible to earn something with Compac usb stick miner, is that true ?Now if OP is looking for best bang for the buck then full machines are going to be what he want's. But we really need to know electricity price as you pointed out some are old and could be like losing money every day it runs. Which is not a ton of fun.
Thank you evbody for your answers.
When you said "Old miner are not efficient", you mean that miner are quickly obsolete ? What is quickly ? 1 month ?
If you buy a old miner, calculate your ROI before investing.
https://bitcoinwisdom.com/bitcoin/calculator
Old miner are not efficient.
Exactly what I neededhttps://bitcoinwisdom.com/bitcoin/calculator
Old miner are not efficient.
When you said "Old miner are not efficient", you mean that miner are quickly obsolete ? What is quickly ? 1 month ?
how about an age of bitcoin? seems interesting didn't it?
Excellent idea, it can be doneLook for a Bitmain S1 or S3,bout as cheap & easy as it gets 
Thanx, it's Hashrate: ~190 GH/s for 159 euros,is it a website where we can find the ratio Hashrate/euro or Hashrate/$ with latest prices ?