PC Specification For Mining Minimal Bitcoin Current

Today more and more people are eager to experience the sensation of digitizing digital currencies. Why are so many people interested? Some of the reasons for the sudden price can soar, and also one of the long-term investment assets that continue to produce. Then, how the PC specification for bitcoin mining is minimal, can low grade guarantee capital return? Investment in bitcoin mining is not only limited to devices and costs per day, but also relies on increasing levels of difficulty.

There are many cases and explanations about bitcoin mining out there, let alone by searching Google. But generally explain the same thing without taking into account the costs to be incurred on a daily basis. Not much different from Cloud Mining that will charge you a daily maintenance fee. This is done to maintain the stability of the CPU, power loads, rental of buildings and recover devices. According to some practitioners, based on the difficulty level of mining, all costs must match the selling price of at least 10,000 US dollars per 1 BTC (February 2018). If below this value, the possibility of miners suffering losses. This value will continue to be adjusted as technology grows, time, and difficulty levels.

Therefore, however, the sale value of the bitcoin cultivated by various parties remains above the price of 10,000 US dollars. Although under various conditions experienced obstacles, both from government regulations and other issues. The bitcoin mining power consumption is very large, so generally bitcoin mining is placed close to the power plant. Just imagine, if in total mining power consumption is equivalent to home consumption of one city. If so, does building a bitcoin mining rig cover your house's electricity consumption cost?

PC Specs For Bitcoin Mining

Before actually plunge into the world of bitcoin mining is actually very painful. We recommend that you calculate first, because the error of calculating the cost of purchasing the device and electric power per day can make it bankrupt. The most significant impact on the value of income in mining bitcoin is the cost per day, hash rate and difficulty block or the difficulty level of mining.

The number of new bitcoins in each of the mined blocks will get a reward divided by two every 210,000 blocks. Or approximately will get it every 4 years. This bonus block starts at 50 BTC since 2009, and now decreases by less than 20 BTC. This value will continue to decline over time to approach the achievement of 21 million bitcoins.

How difficult is the puzzle to be solved in mining? It all depends on how much effort in mining is connected across the network. Mining difficulty levels can be adjusted with protocols every 2016 blocks, or approximately every 2 weeks. The degree of difficulty will adjust to the purpose of keeping the rate of discovery constant.

Then, if you ask about the PC specs for bitcoin mining for now and upcoming. Then you should see the development of bitcoin mining technology. Nowadays more and more people are using Antminer which is much faster and the price is very expensive. If you continue to rely on a graphics card, it is expected to be not worth the cost per day because of the increasing difficulty level.

Please check yourself how much the cost of making bitcoin mining rigs that can be easily searched on the internet. There are estimates of PC specifications for bitcoin mining at a minimum of an average price of a dozen million. Again, ... Calculate the cost per day, the selling price, and the difficulty level. If lucky, you will get a profit.