Bitcoin (BTC) Mining Profit Calculator - WhatToMine

Questions from someone who is new to Bitcoin

Hello, I am very interested in trying bitcoin or litecoin to make a few extra dollars here or there. I've done some research, and I have a few questions.
Right now, I'm looking at the Butterfly Labs Jalapeno. https://products.butterflylabs.com/homepage/5-gh-s-bitcoin-miner.html. It costs $275, and it processes 5GH/S. I ran that through the Bitcoin Calculator (https://bitclockers.com/calc) and it estimated that it would return $15,000 a year at bitcoin's current price of 148.00. (Click this link to see my settings: http://bitclockers.com/calc/mining_difficulty/7673000/difficulty_change/2/btc_per_block/25/value_per_btc/148.8/mhash_rate/5000/cost_per_kwh/0.12/watts_consumption/750/total_days/90/hardware_cost/250)
I'm pretty sure I'm missing something here. I figure there's no way I should expect that kind of return. What am I missing? How much should I expect to make? What advice would you offer to a noob like me? Right now, I'm mostly in the research phase, I don't want to dive in until I'm sure it's the right decision.
submitted by johndavismit to Bitcoin [link] [comments]

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Bitcoin Mining Calculator. Got your shiny new ASIC miner? Wondering when it will pay off? If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month). It will not attempt to extrapolate difficulty or price changes -- it provides only instantaneous calculations (how much you'd make if all ... Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? ฿itCoin Mining Calculator Do you know your Thash/second, but you want to know for example: BTC/month, euros/dollars/pounds your earn each second, day, month or year? Worry not, just fill in your Thash/sec! NEW: New market: CoinBase (default Kraken), see Advanced calculator button! Disclaimer: the calculation is based on the current 'difficulty' and this value can change in the future ... You're probably here for the Bitcoin Mining Calculator. I'm a software engineer living in San Francisco. I graduated from the University of Cincinnati in 2014 with a BSEE, MBA, and a minor in Mathematics. I'm @aftbit on Twitter and keybase. I've held an amateur radio licence since 10/10/2002, first under the callsign KC8UWJ, then under WI3G. Visit my amateur radio homepage for more details ... Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware.

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Bankrupt Mining Farm to Launch Trading BTC Mining Profit Calc. Ethereum Futures Winklevoss

By Far The BEST Bitcoin Mining Software In 2019 (Profitable). This is a review on the most profitable, easy, and time-saving Bitcoin mining software out their. These Bitcoin miners work on Windows ... BBT VLOG Series - episode 3 part 1 Carter takes a critical and tactical deep dive on the cost associated to cryptocurrency mining. This application can be ap... Специально для майнеров и любителей биткоина Первый калькулятор криптовалют для Windows!!! Мгновенный обмен ... This video is unavailable. Watch Queue Queue. Watch Queue Queue Bitcoin mining hardware calc. ... 07:18 Best Bitcoin mining hardware profit calculator 08:31 CFTC will approve Ethereum ETH futures USA 11:03 WeChat bans cryptocurrency transactions 12:39 ...

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