But for those of you with gaming pcs you might be surprised how much money you can make mining with it and how easy it is. Hopefully this gives you an idea of the spread of results across these services given the same data at the same time.
How Does Bitcoin Mining Work
Electricity cost 120 per month.
How much money can you make ! mining bitcoin per day. The electricity cost of running the rig using the city of joburgs power tariffs for users consuming between 2000kwh and 3000kwh per month is r1238 in a 31 day month. Google bitcoin mining calculator input your hashrate and it will tell you how much you can earn right now on average. Profit per month after electricity cost 1230 roa in less.
As of today you can generate 125 bitcoin every 10 minutes ie 1800 coins per day. But of course you wouldnt make 3 dollars a day because you would spend thousands on electricity. You would need something like 6500 yes that is 6500 r9290x to make three dollars a day directly mining bitcoins.
How much can you make mining bitcoin with 6x 1080 ti beginners guide. I let my computer mine for bitcoin for a week straight to see how much money i could generate. Having a decent cpu can be used for thats the short answer.
After four years it would redu! ce to 65 bitcoin per 10 minutes and only 900 coins would be mi! nted everyday. Also note that with most pools actual earnings vary with luck. Note that the difficulty will change in the future so your earnings will not stay the same.
The real question is just how profitable this mining is. How much money can you actually make. Bitcoin at 120 per day.
1 ths 1000 ghs. Nicehash offers a profitability calculator page that told me i could be making about 70 a month after electricity costs with my nvidia gtx 980 ti hardware and 010 usdkwh electricity prices. Use your existing gaming pc to make some extra bitcoin or extra cash.
Bitcoin at 142 per day. This video goes over my 7 day 1 week bitcoin mining experiment. Having a decent cpu can be used for litecoin mining which can be a small income in itself but we are here to talk about bitcoin.
45 55 per day. Finally avoid the typical newbie mistake of confusing ths and ghs. You wont make money mining bitcoins ! unless you either have a really high end gpu from ati an fpga or an asic.
Thats the short answer.
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