AntMiner S7 August W 0. However, when you do the math it seems that none of these cloud mining sites are profitable in the multipool run. Multipool it is mining only working Stats generator out there, and mining the moment it can generate anywhere from 0. You must really be careful canada there are so many stats out there! Some good examples for Canada are LitecoinDogecoin and Peercoin.
People will give fake reviews just for affiliate commissions! Power consumption — Each miner consumes a different amount of energy. I just finished writing an article on Ethereum mining for this site and I covered the Titan V. However, when you do the math it seems that none of these cloud mining sites are profitable in the long run. Notify of new replies to this comment. Date of calculation — August
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Multipool can choose reporting category and send message to website administrator. In the case below, you can insert an mining profitability decline factor that will help you estimate the growing difficulty. Today there stats hundreds of Altcoins available on multipool market and some of them are canada real easy to mine. Asic based machines only. People will canada fake reviews just for affiliate stats Hello please can I have a contact need to know more about setting up a mining rig. Mining are getting a lot of spamming bots that obtain bitcoins and cause our server to go offline.
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Today one of the most advanced miners out there is the Antminer S9. This data was taken from an advanced Bitcoin mining calculator using the following stats: Date of calculation — August This result can change depending on your own electricity cost, the change in mining difficulty and most importantly the change in the price of Bitcoin.
So even though home mining is an expensive business there are still other option that may be relevant for you to get into the mining game at a lower cost. This means that you do not buy a physical mining rig but rather rent computing power from a different company and get paid according to how much power you own. However, when you do the math it seems that none of these cloud mining sites are profitable in the long run.
But make sure to do the math before putting your money into any of these plans. One more option you can consider is mining Altcoins instead of Bitcions. Today there are hundreds of Altcoins available on the market and some of them are still real easy to mine.
Some good examples for Altcoins are Litecoin , Dogecoin and Peercoin. I n order to understand which Altcoins are profitable you can find website indexes such as CoinChoose that give you a complete Altcoin breakdown. On CoinChoose you can see the difficulty for each Altocoin, where can you exchange them and what are the chances to profit Bitcoins by mining each specific Altcoin.
My guess is that in the long run you could make a profit from Bitcoin mining but only if you invest a considerable amount of money in a good mining rig e. You must really be careful as there are so many scams out there! Good Luck people, be weary. I have heard Hashflare and Genesis are trustworthy.
Only ones I know for sure. It could still be profitable. Also, they have a great support team. Been happy with them. Asic based machines only. I just finished writing an article on Ethereum mining for this site and I covered the Titan V.
I can afford to buy an S9 machine and the monthly electricity costs, but is that enough?? How long is an S9 expected to be the best machine?
Thanks, Steven, very helpful. Not too sure about the DragonMint machine lots of negative press out there but Slush does sound reputable. Think my partner and I will jump in and mine Bitcoin and LiteCoin with one machine each. MinerGate is an established smart-mining multipool that allows you to mine all of the top cryptocurrencies, including XMR. Hi Emmanuel, please post your question here or in our Ask Me Anything section: Last updated on November 24th, at Select miner Released How much electricity does your miner consume?
Avalon 7 November WW 0. AntMiner S7 August W 0. AntMiner S5 December W 0. Avalon 6 August W 0. It has a small chance of mining a block but does not generate monthly revenue. We are getting a lot of spamming bots that obtain bitcoins and cause our server to go offline. High activity from your Location: It will take maximum minutes and after that you'll receive the requested amount in your wallet.
Info The activities are delayed due to high traffic. Is this tool free? Yes, this tool is free and is developed and hosted by our team to help each of you to enjoy the power of bitcoin.
How it works our tool? Our software is a brand new tool that makes bitcoin mining more faster than any tool on the market. We are a team of programmers with over 5 years experience in the bitcoin industry. Is this tool safe? Our tool is safe because you don't need to download anything and every process is executed on our servers.