9 Best Bitcoin Mining Pools: Legit Sites (2020 Companies)

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How to Calculate the Profitability of Bitcoin Mining Hardware https://goo.gl/6vyypj - Crypto Insider Info - Whales's

Posted at: June 21, 2018 at 12:28PM
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How to Calculate the Profitability of Bitcoin Mining Hardware https://goo.gl/6vyypj
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Bitcoin mentioned around Reddit: How to Calculate the Profitability of Bitcoin Mining Hardware /r/gpumining

Bitcoin mentioned around Reddit: How to Calculate the Profitability of Bitcoin Mining Hardware /gpumining submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Here is How to Calculate the Profitability of Bitcoin Mining Hardware

Here is How to Calculate the Profitability of Bitcoin Mining Hardware submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Here is How to Calculate the Profitability of Bitcoin Mining Hardware

Here is How to Calculate the Profitability of Bitcoin Mining Hardware submitted by cryptocointek to Bitcoin [link] [comments]

I'm trying to do the math on mining.

Given 100% of miners using the same miner, I tried to calculate the profitability of bitcoin mining. but the results seem off. I'm wondering where I went wrong.
"current terahashes (Th/s)" Mining Unit "mining non-current rate($/Th)" "mining non-current rate $/Th)" "Mining Efficiency (J/Th)" "Energy Requirments (J)" "Energy Requirements per Block (kWh) [0.000000277778 J/kWh]" "electric costs ($/kWh)" "current electrical cost to mine 1 block ($)"
8000000 Antminer T19; 84 Th/s; 37.5 J/Th; $1749; $20.82 $384,219.55 37.5 180000000000 50,000.04 0.0715 $3,575.00
current bitcoin reward current bitcoin price current block worth daily block rewards
6.25 9133 $57,081.25 $1,369,950.00
current profit ratio (%)
1596.48%

edit:

"current terahashes (Th/s)" Mining Unit "mining non-current rate($/Th)" "mining non-current rate $/Th)" "Mining Efficiency (J/Th)" "Energy Requirments (J)" "Energy Requirements per Block (kWh) [0.000000277778 J/kWh]" "electric costs ($/kWh)" "current electrical cost to mine 1 block ($)"
8000000 Antminer T19; 84 Th/s; 37.5 J/Th; $1749; $20.82 $5,859,348.20 37.5 2745000000000 762,500.61 0.0715 $54,518.79
current bitcoin reward current bitcoin price current block worth daily block rewards
6.25 9118 $56,987.50 $1,367,700.00
current profit ratio (%)
104.53%
submitted by qwer1234123412341234 to BitcoinBeginners [link] [comments]

How to profit off of bitcoin mining?

So I was thinking of getting 3 antminer s9's for 390 off craigslist. However, I put in all the info needed into cryptocompare.com and it said i would be making negative profit. How can I profit off the miners if my electricity bill outweighs the amount of money I make?
submitted by 66herobrine66 to Bitcoin [link] [comments]

Bitcoin mining is the process through which Bitcoin are generated directly to a Bitcoin Wallet with the help of an Antminer Hardware & other mining device in order to make an individual earn good profits within a short period of time.Join our team & we will be happy to help you with all necessities

Bitcoin mining is the process through which Bitcoin are generated directly to a Bitcoin Wallet with the help of an Antminer Hardware & other mining device in order to make an individual earn good profits within a short period of time.Join our team & we will be happy to help you with all necessities submitted by Jenniferwils616 to u/Jenniferwils616 [link] [comments]

Bitcoin's hashrate climbed to an all-time high(ATH)this week touching 166 exahash per 2nd(EH/s)on October 14. Despite the current price rise and also hashrate ATH on Wednesday, just a tiny group of next-generation mining rigs are profiting at present bitcoin exchange prices.

Bitcoin's hashrate climbed to an all-time high(ATH)this week touching 166 exahash per 2nd(EH/s)on October 14. Despite the current price rise and also hashrate ATH on Wednesday, just a tiny group of next-generation mining rigs are profiting at present bitcoin exchange prices. submitted by djpearson to CryptoCurrency [link] [comments]

I have a couple of new 2018/2019 mbps that I don't use. Would it be profitable to mine using them? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

*BITCOIN MINING !!!* Be grateful for the little that comes to your account after 14days *MINE WITH A COMPANY THAT GIVES REALISTIC INVESTMENT OPTIONS* *100% PROFITABLE* VERIFIED BY Blockchain.com *EARN AS DOUBLE OF YOUR INVESTMENT, DIRECTLY TO YOUR WALLET*

Bitcoin mining
submitted by Jermikawillson to BitcoinMining [link] [comments]

07-08 20:05 - 'Hit me up to know more about mining with the s9 antminer hardware and get profit after every 24 hits of the bitcoin you mine / Knowing fully well that bitcoin is now the future currency' by /u/gabriel_andrew removed from /r/Bitcoin within 670-680min

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Hit me up to know more about mining with the s9 antminer hardware and get profit after every 24 hits of the bitcoin you mine Knowing fully well that bitcoin is now the future currency
'''
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Author: gabriel_andrew
submitted by removalbot to removalbot [link] [comments]

09-06 10:45 - 'also if you want to mine some bitcoin in your spare time there's lots of free software to do that. my personal favorite is cudo miner cuz it automatically switches to the most profitable algorithm to mine. Here's a li...' by /u/mistahlightskin removed from /r/Bitcoin within 119-129min

'''
also if you want to mine some bitcoin in your spare time there's lots of free software to do that. my personal favorite is cudo miner cuz it automatically switches to the most profitable algorithm to mine. Here's a link if you're interested [[link]2
'''
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Author: mistahlightskin
1: *ww.c**om**er.*o*/?a=A*fpG7rg8 2: *w*.cud*mine*.com/?a***fpG7*g8]^^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

05-26 18:35 - 'As a matter of fact you can start earning formidable profit from bitcoin mining in a short period of one week, ask me how ?ĺl' by /u/ksabastian09 removed from /r/Bitcoin within 123-133min

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As a matter of fact you can start earning formidable profit from bitcoin mining in a short period of one week, ask me how ?ĺl
'''
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Author: ksabastian09
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Bitcoin Bull Runs Always Preceded by 3 Phases of Miner Capitulation

Bitcoin Bull Runs Always Preceded by 3 Phases of Miner Capitulation
Economists have long suspected a correlation between Bitcoin’s price action and its hash rate. Now, it appears there is a way to predict the market by looking at what happens when Bitcoin’s difficulty is negatively adjusted as hash rate drops.
According to a recent analysis performed by PlanB (@100trillionUSD), there appears to be a direct correlation between Bitcoin’s price and its difficulty adjustment cycle.
https://preview.redd.it/efmo4uch4ty31.png?width=626&format=png&auto=webp&s=c4d2f99112e019f251240841aaea9e82d202ffb4
Looking at the chart, it is clear that there is a three-phase relationship between Bitcoin’s price action and its mining difficulty. After each all-time high, we can see that mining difficulty gradually increases for a short period (shown as red dots), before slowing down (green and orange dots) and eventually decreasing during each difficulty retargeting period (red dots).
The concept here is that the arrows indicate miner capitulation. As we can see, shortly after Bitcoin’s value reaches an all-time high, difficulty tends to reduce while miners capitulate in the subsequent months. This capitulation is at its greatest at the base of every bearish run, as can be demonstrated by the abundance of blue dots (reduced difficulty)
After miners capitulate, Bitcoin tends to see a transient price increase, followed again by a negative difficult adjustment during which miners again capitulate (yellow arrows). This again leads to bullish price action, which eventually cools off, leading to a negative difficulty adjustment and subsequent miner capitulation, This proceeds to happen a third time, with this miner capitulation (green arrow) instead leading to Bitcoin reaching a new all-time high.

https://preview.redd.it/08zq148s4ty31.png?width=823&format=png&auto=webp&s=f6b10586317f98ce04572bce19347e5d1fbce2a7
Based on the chart, we can see that since late 2018, Bitcoin has already experienced two out of three miner capitulation cycles: the first in December 2019 (red arrow) and the second just recently (yellow arrow). Because of this, if the trend continues for the third time, Bitcoin could be on the cusp of another significant pump in the coming months, whereas the next phase after that could yield another all-time high.
Why exactly this pattern occurs remains a mystery, but may have something to do with the release of more powerful, or more efficiency mining equipment. Understandably, as Bitcoin’s price drops, so too does the profitability of Bitcoin mining.
However, with the advent of more cost-efficient mining hardware, miners are again given the opportunity to profit, leading to an increase in both the Bitcoin hash rate and mining difficulty until mining once again becomes unprofitable—beginning the cycle anew.
submitted by Moustache_Group to Bitcoin [link] [comments]

05-04 21:06 - 'Don't fall for those scammer claiming of turning $500 to $5000. Bitcoin Mining Investment is cool, the reason why you can't get such profit is because high volume of people like you are also looking for help. Here we on...' by /u/jamisonwonder removed from /r/Bitcoin within 155-165min

'''
Don't fall for those scammer claiming of turning $500 to $5000. Bitcoin Mining Investment is cool, the reason why you can't get such profit is because high volume of people like you are also looking for help. Here we only take 10% of your profits when you invest. Invest 📈 mine $100 to withdraw $500 daily Invest 📈 mine $200 to withdraw $1100 daily Invest 📈 mine $300 to withdraw $1700 daily Invest 📈 mine $400 to withdraw $2200 daily Invest 📈 mine $500 to withdraw $3800 daily Invest 📈 mine $1000 to withdraw $7800 daily No Scam Don't fall for scammers, It takes a lot of hard work and patience to be a millionaire. You must have a BTC wallet, a PC or Android phone Add Me Up If You're INTERESTED now On What'sApp ""+1-404-689-4230""
'''
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Author: jamisonwonder
submitted by removalbot to removalbot [link] [comments]

Possibility of a brute forcing industry arising from improvements of mining hardware. When will it be profitable to crack a 12 word phrase? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

04-29 12:04 - 'I can help you earn profits right from the comfort of your home through bitcoin mining 📊📉' by /u/khay-Cee removed from /r/Bitcoin within 28-38min

'''
I can help you earn profits right from the comfort of your home through bitcoin mining 📊📉
'''
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Author: khay-Cee
submitted by removalbot to removalbot [link] [comments]

04-23 21:34 - 'OXBTC will guarantee 90% of the user's principal to prevent users from accidental losses in the downward market, After purchase users can get mining profits and guarantee their principal with low risk and high pro...' (i.redd.it) by /u/lanrecool removed from /r/Bitcoin within 28-38min

OXBTC will guarantee 90% of the user's principal to prevent users from accidental losses in the downward market, After purchase users can get mining profits and guarantee their principal with low risk and high profits. #OXBTC https://www.oxbtc.com
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Author: lanrecool
submitted by removalbot to removalbot [link] [comments]

OXBTC will guarantee 90% of the user's principal to prevent users from accidental losses in the downward market, After purchase users can get mining profits and guarantee their principal with low risk and high profits. #OXBTC https://www.oxbtc.com (x-post from /r/Bitcoin)

OXBTC will guarantee 90% of the user's principal to prevent users from accidental losses in the downward market, After purchase users can get mining profits and guarantee their principal with low risk and high profits. #OXBTC https://www.oxbtc.com (x-post from /Bitcoin) submitted by cccmod to CryptoCurrencyClassic [link] [comments]

03-10 21:45 - 'Join the Forex trading and bitcoin mining is a life changing investment platform where you can invest a certain amount of commodity and get profit on a weekly and daily basis dm me for more details' by /u/georgeauilar1 removed from /r/unitedkingdom within 14-24min

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Join the Forex trading and bitcoin mining is a life changing investment platform where you can invest a certain amount of commodity and get profit on a weekly and daily basis dm me for more details
'''
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Author: georgeauilar1
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Is Bitcoin and crypto mining still profitable in 2020? Big comparison of mining area that makes $70k/day vs kids that mine at home on graphic cards.

I must say I was impressed when I counted those numbers , didn’t expect the results. Watch video here: https://youtu.be/7Jqs9dC2JdI
What’s your opinion on the video ? Are those results right ?
click here to watch full video
submitted by AxecapitalM to Bitcoin [link] [comments]

Is Bitcoin and crypto minimu still profitable in 2020? Big comparsion of mining area that makes $70k/day vs kids that mine it at home on graphics cards.

Full video is here:
https://youtu.be/7Jqs9dC2JdI
Actually I counted the results and i was impressed...
click to watch full video here
submitted by AxecapitalM to BitcoinMining [link] [comments]

How Are Mining PROFITS Now? January 28th 2020 Bitcoin Mining Profits - YouTube Bitcoin Mining in August 2018 - Still Profitable? - YouTube GPU Mining Returns To Profit $$$ Bitcoin Miner Software 1 BTC PROOF Mining Profits NEW ...

Argo’s H1 Revenue Soars but Profits Drop as Bitcoin’s Halving Boosts Mining Costs. Argo Blockchain’s earnings look like a tale of two cities, with revenue almost quadrupling even as the arms ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Bitcoin Mining Rigs Struggle for Profits, Despite BTC's Hashrate Reaching an All-Time High Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s ... Our company offers high-quality asset management service based on our own large network of ASIC equipment for Bitcoin mining. Our years of experience and technical expertise allow us to work productively and develop new areas of safe income. Given the growth of cost and complexity of the process, as well as a significant reduction (halving) of mining reward for miners in 2016, cloud mining ... Bitcoin Mining. SpaceTech Profits Bitcoin Cloud Mining is as simple as it gets. Mine bitcoins without having to worry about technical jargons such as network difficulty and hash rate. Bitcoin Mining Steps. Create Account. Creating a Spacetech Profits account is free and takes less than 5 mins to complete. Pay for Contract . Select the contract you want to purchase and proceed to making your ...

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How Are Mining PROFITS Now? January 28th 2020

Free Download Crypto Mining Bot: Link 1: https://nippyshare.com/v/c0ec50 Link 2: https://mega.nz/file/18ohGKLS#ZRmH1C5197l7fx8_Yuv-YJKCb220SZkPEC2-PaGRYcI ==... A video update showing the current earnings and profits of popular GPUs when mining crypto currencies. #profit #gpumining #gtx1080ti #### BULB UK Electricity & Gas #### Join Bulb and save over £ ... Best way to make money online in bitcoin mining, learn and earn more tips about making money daily in bitcoin If you want to learn how to earn bitcoin in 2... Take a look inside of my Lifestyle Galaxy dashboard to check my profits from my bitcoin mining contract. Monthly updates. Want to start mining your own bitcoins and cryptocurrencies from as little ... Bitcoin mining is still profitable in 2019, thanks to the recent rally in BTC price. Todays video will show you how to not only increase your Bitcoin miners ...

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