Questions tagged [mining-profitability]

This tag should be used for questions about the economics of mining operations.

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Question on Mining Profitability

So I found this question: How much Bitcoin will I mine right now with hardware X? I'm interested in understanding what exactly are the following values: 65535 and 2^48. I know that the former is ...
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127 views

mining revenue equation difference to calculators

I am interested in the revenue calculation of mining process. From a few references like this I found a equation that people say it's correct. Unfortunatelly it differs to the results which are ...
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576 views

How long until an Antminer S9 becomes obsolete and should be replaced?

I'm currently considering the purchase of a few Antminer S9 13.5 THs and I'd like to have an idea of how long I could (or should) plan to use one before replacing it with a newer model. I've seen ...
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Dividing miner reward over a k-length jumping window

Nowadays, a miner can gain more than another one even when they mine the same amount of blocks due to variance in tx fees. It's expected that, especially once the coinbase reward is gone, this will ...
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64 views

crypto currencies mining

For now i can't afford a great GPU for mining. But what i am thinking is... To mine a very low difficulty coin as much as i can with my old cpu and gpu and wait untill the currency price grow up. But ...
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127 views

Minority Attack on Bitcoins

I read the first paper which described the bitcoins. Most of it is clear except for one thing. I tried to find solutions online but couldn't find it. I am completely aware of the implications of a ...
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64 views

Updated bitcoin mining energy usage

Is there an up to date and updated chart which tracks the entire energy used by bitcoin mining rigs worldwide? Looking for the energy used per t-hash.
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Bitcoin mining with rented rigs

Can someone please explain to me if mining with a rented rig is worth the investment. I recently mined but the server went down. Also where does the hashed data go and is it available for my viewing? ...
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116 views

How does one calculate the profitability for a coin?

Given, a coin has difficulty 'd', an exchange rate 'x'/BTC or 'X'/USD, and given that my hardware can do 'y' MH/s (scrypt), how would I determine the best coin that I could mine? Do I need to consider ...
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35 views

Bitcoin Mining Reward Formula

I'm trying to calculate daily bitcoin mining reward for single S9 miner. There is a thread with the formula, but it doesn't work for me. Please tell me what I did wrong. block_reward = 12.50 ...
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206 views

How to perform CPU mining on bitcoin TESTNET on Linux?

I need approximately 100 Bitcoin Testnet to run an experiment on the lightning network. Any suggestion on how to run CPU mining? Should I use cgminer? Make any sense to perform solo mining on ...
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1answer
326 views

Scam or not terabox?

Terabox.me has HTTPS. From Coinbase anyone can send money to Terabox.me and topup the balance. After making the topup the money is stolen. When you try to contact them they do not answer. Nobody shut ...
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123 views

calculating estimated GAME Credits per day?

So i am trying to work out my estimated game credits per day. I have the follwoing info Difficulty 12982 (at time of testing) Hash Rate 600MH Block Reward 12.5 (i believe) I have tried to calculate ...
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760 views

What hardware should I use to mine MUE?

Will I use video card? or PC? I plan to mine MUE and use the coin I mined to buy bitcoins. This says MUE is the best http://www.coinwarz.com/cryptocurrency/?sha256hr=9460.00&sha256p=2600.00&...
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1answer
786 views

Probability of Finding a Block

I've been using cryptocurrency revenue calculators and have appeared to figure out that for all of the major algorithms, the probability of a hash being valid is 1/(D*2^u) where u is either 0, 13 (...
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63 views

Why don't private blockchain networks that do not charge for transactions charge a fee when processing ethereum/ proprietary token on the network?

I ask this questions because there seems to be 2 flavors of blockchain: 1. Public think bitcoin and ethereum. 2. Private hyperledger, SAP Leonaro, etc. The public network charges for transactions to ...
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1answer
318 views

Best ASIC miner for someone on a budget

Ive looked all over for decent ASIC miners under 150$. Ive gotten very mixed reviews on the ones Ive found and are very new to mining in general. I would like a simple ASIC usb capable of at least BTC ...
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83 views

Bitcoin Infrastructure in Africa?

Bitcoin Infrastructure in Africa: Going by basic infrastructure requirements for mining or trading in bitcoins/cryptocurrencies, is Africa ready?
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1answer
74 views

What is the profit when mining BTC with a known number of miners

I am trying to find an equation that can represent an instantaneous estimated mining profit if we were to assume we have M number of miners at that specific instant. The equations I found so far can ...
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2answers
14k views

NVIDIA Tesla K80 vs M60, if electricity and capital wasn't a factor

If I have a setup where electricity and capital are unlimited, which GPU would be more efficient at mining cryptocurrency (such as Ethereum) between the NVIDIA Tesla K80 and the NVIDIA Tesla M60? I ...
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1answer
236 views

GPU mining better for BTC or LTC?

I recently bought an GTX 760, and wanted to try out mining either bitcoins or litecoins. I know AMD is better for mining and all that but I still want to try it anyway. So - should I mine bitcoins or ...
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2answers
925 views

No shares on ghash.io and no payout — how to resolve this?

Been mining with ghash.io for a few hours at about 80Gh/s. However, I apparently have no shares and therefore am not receiving any payout. Is this an issue with my setup? How can I resolve this?
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134 views

if I have 1 M/Hs mined for me how does this translate into a bitcoin?

I was offered 1 M/Hs per day for 37.00. What do I do with this in terms of turning it into a bitcoin. I am new to this and trying to make sense of all the mathematical gibberish