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What is the typical cost of mining one bitcoin right now?
| plum messiness prole | 12/10/17 |
| Pink haunting reading party | 12/10/17 |
| Disgusting Twinkling Uncleanness | 12/10/17 |
| Pink haunting reading party | 12/10/17 |
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Poast new message in this thread
Date: December 10th, 2017 11:06 PM Author: plum messiness prole (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887283) |
Date: December 10th, 2017 11:07 PM Author: Pink haunting reading party for the average miner? or for you?
most miners likely have heavily subsidized electricity. |
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Date: December 10th, 2017 11:08 PM Author: Disgusting Twinkling Uncleanness for me on my laptop (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887294) |
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Date: December 10th, 2017 11:09 PM Author: Pink haunting reading party i miss 2010 as well, man (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887309) |
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Date: December 10th, 2017 11:08 PM Author: plum messiness prole Answer whichever one you know the answer for. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887303) |
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Date: December 10th, 2017 11:15 PM Author: Disgusting Twinkling Uncleanness (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887359) |
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Date: December 10th, 2017 11:39 PM Author: Pink haunting reading party most miners are part of mining pools, which pay you according to the amount of "hash power" you contribute to the pool, not for finding bitcoins. weighted socialism. imagine if a bunch of gold miners got together and decided that if anyone found a gold nugget, they would split it according to how much rock each miner dug out since the last nugget was found. that's the idea.
so the metrics that matter for profitability are 1) cost of equipment 2) hash power produced by equipment 3) cost of electricity 4) value of bitcoin/payout |
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Date: December 10th, 2017 11:08 PM Author: Azure Razzmatazz Casino Just mined two bitcoin using a legalpad, ballpoint pen, and a TI82. Sup? (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887295) |
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Date: December 10th, 2017 11:08 PM Author: Thirsty bronze meetinghouse it is 2009 (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887298) |
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Date: December 10th, 2017 11:08 PM Author: 180 legal warrant (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887302) |
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Date: December 10th, 2017 11:44 PM Author: passionate clear indirect expression rigor (McKinsey consultant) (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887555) |
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Date: December 10th, 2017 11:47 PM Author: mint hilarious famous landscape painting (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887578) |
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Date: December 10th, 2017 11:24 PM Author: plum messiness prole According to a bit of googling, it's a few thousand dollars. The highest estimate I saw was $5,000.
That suggests bitcoin is very overpriced. Why buy one for $17,000 when you can make one (with your mining pool friends) for far less? |
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Date: December 10th, 2017 11:24 PM Author: Disgusting Twinkling Uncleanness cr what website do i go to to mine it. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887427) |
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Date: December 10th, 2017 11:40 PM Author: flatulent tan theatre voyeur http://macminer.fabulouspanda.com (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887532) |
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Date: December 10th, 2017 11:25 PM Author: saffron gay wizard I have no idea how to make one, for one (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887430) |
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Date: December 11th, 2017 12:43 AM Author: plum messiness prole Go on. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34887818) |
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Date: December 11th, 2017 9:55 AM Author: Thirsty bronze meetinghouse https://www.buybitcoinworldwide.com/mining/profitability/ (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34888927) |
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Date: December 11th, 2017 2:51 PM Author: plum messiness prole And? (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34891439) |
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Date: December 11th, 2017 3:45 AM Author: painfully honest hissy fit public bath Keep on wagecucking away boys. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34888201) |
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Date: December 11th, 2017 3:57 PM Author: alcoholic base without asics and cheap electricity, you really can't mine it profitably unless the price continues to skyrocket, in which case you'd have been better off owning the currency directly. (http://www.autoadmit.com/thread.php?thread_id=3824491&forum_id=2#34891979) |
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Date: December 11th, 2017 3:59 PM Author: plum messiness prole Yes, but some people are mining them.
What's the cost? |