How much can you earn on Bitcoin Mining

in #bitcoin8 years ago (edited)

Hello dear readers, I welcome you on its content. In this article, I want to shed light on a fairly popular request: "How much you can earn on Bitcoin mining."

But let's be honest, who usually ask such questions? Probably beginners, no? I think people who make a production cryptocurrency long time already use all the available calculators and know that trading on Bitcoin Mining depends on several key factors, which will be discussed. But before you begin to read the article, I invite you to read about "reliable" cloud Mining.

1 factor - the cost of electricity

Electricity - this is our fuel, due to which work Asik. A Asik guzzle a lot.

Originally a manufacturer of Asik is trying to create a product with minimal consumption of kilowatt. But sooner or later, it does not help, because the complexity of Bitcoin mining is growing.

2 factor - the complexity of Bitcoin mining

With each passing day, mining cryptocurrency becoming more interesting to ordinary people. This is not surprising - after all Bitcoin practicable analogue world currency.

Those who have recently learned about Bitcoin mining, understand that it is extracted directly computing power, previously it was the video card, and today Asik.

Naturally people are constantly buying new Asik and begin to Main. The complexity is growing and those who are already long-Maina, has to share his booty with the miners, the new arrivals.

You see?

On the one hand - it is good that Bitcoin is becoming so popular, well, on the other hand - it is not exactly beneficial to people who have been in the subject.

3 factor - the value of Bitcoins

The popularity is growing. To extract cryptocurrency is becoming harder and harder. Due to the growing popularity and as a consequence - the complexity, manufacturers have come up with new, better equipment. A former miners while losing money on the old (purchased) Asik. Return on equipment grows ...

The price of Bitcoin has been stable the past six months - $ 400-450. But every day, with an increase in demand, it becomes difficult to extract the cue ball. Dazhi There are some companies that because of this, announced its bankruptcy. It is sad!
There are many factors that affect how much you can earn on Bitcoin mining.

Mining this technology that you answer this question only you can. Earnings depend on what type of wallet you can afford to invest in mining and mining in the cloud.

If you do not have enough money, then the second will suit you best, so how to get a prey cryptocurrency possible with a minimum deposit. By purchasing a 1 Gh / s and check that there is a - Mining (though cloudy).

Thank you for attention.

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Actually i prefer to trade bitcoins. Mining have an higher cost.

thank you for your criticism and komenty

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