Bitcoin Stack Exchange
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Questions tagged [mining-profitability]

The economics of mining operations.

Questions using this tag should be asking about the costs of mining such as electricity and hardware costs, and the revenue that could be earned through mining. Questions can also ask about the profitability of cloud mining services.

Mining can be a profitable process, and most people who wish to mine Bitcoin or other currencies want to know how profitable it will be. In general, mining consumes a lot of electricity and is unprofitable in regions where the cost of electricity is high.

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Is there any point to casual mining?

Is there any point to casual mining anymore? I recently discovered bitcoin and was wondering if there was any point to running mining software on my laptop while I work on essays or other non-computationally intensive task. I tried looking around,…
Canageek
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How can I compute mining profitability?

It was asked elsewhere, but I'm re-asking the question in a less time sensitive way. Can you please list some of the techniques, charts, spreadsheets, calculators or other tools that help someone to compute mining profitability?
Joshua Kolden
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Has anyone gotten rich mining bitcoins?

A number of questions on this site ask whether it's possible to make money mining bitcoins and the expected profits. However, I'd like to know if there are real-life stories of people becoming wealthy solely from mining bitcoins. It seems like…
speedplane
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Why does mining profitability tend towards zero?

Why does mining profitability tend towards zero? Is it different for short term miners than it is for long term miners? Example: if I mine now and sell them next year, they may be worth more as next year they'll be harder to mine Thanks
Sean Chapman
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Equation for mining profit

I'm a newbie. What is the basic equation for computing profit from mining given gigahash per second of the miner, timeframe, miner costs, and current bitcoin economy stats like mining difficulty and dollars per coin? And what are some URLs that…
Troy toy
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Is there a point where bitcoin mining will not be profitable?

A lot of news accounts are pointing out that bitcoin mining is getting more difficult over time, murch even said recently in chat its getting "exponentially harder". I am not sure if that is the case, but has anyone studied the economics and…
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Bitcoin mining, do you do the work or does the computer?

Assuming you have the appropriate hardware and software, does mining involve the person mining to sit at the computer to mine or do you fire it up and just let the software run and check back later to see the results?
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Energy consumption while mining

I am new to Bitcoin and I read some article about bitcoins and Most articles says "When using CPUs, GPUs, or even the older ASICs, the cost of energy consumption is greater than the revenue generated." What I want to ask is why people still trying…
hellzone
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Why do people mine bitcoins when they are losing 20% a month?

Why do people continue to mine bitcoins independently of their hash rate if their ROI loses 20% every month at the going difficulty rate and the exchange rate BTC/USD is at best flat?
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What is the estimated price of Bitcoin which will push miners to stop mining if its price dropped to uneconomical level ?

What is the estimated price of Bitcoin which will push miners to stop mining if its price dropped to uneconomical level?
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Is there a logical reason to buy bitcoin for more than it costs to mine it?

For the sake of this question let's assume bitcoin was useful and had value beyond speculation. Why would you ever buy bitcoin above mining price? I have heard various estimates of what it costs to mine a bitcoin. One answer on the topic on quoara…
user1721135
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Is it possible for a slow computer to beat the world mining Bitcoin?

I've heard it is not profitable to mine bitcoins on a regular computer via CPU anymore. I accept that. However, if you did install a miner onto a regular computer and that computer randomly generated "guesses" 24/7 (in a non-sequential fashion).…
Lonnie Best
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Do bitcoin miners actually make money

Possible Duplicate: How can I compute mining profitability? Do bitcoin miners like the one depicted in the video below with 24 server clusters actually profit from bitcoins at the current prices? Are the bit coin exchange rates high enough to…
Element
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Would it be worth it to start mining bitcoins at this point?

My budget for mining hardware is $600. Would there be an ASIC miner that I could buy for this that would return this and also net a decent amount of profit within a month or so? Is it even worth it for beginners without tons of money to invest in it…
user9245
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What should I consider when deciding to whether or not to mine?

I go here http://www.alloscomp.com/bitcoin/calculator I put in the amount of hashing power I am willing to purchase, EG: 100 GH/s. It tells me I will make $2,094.25 a month. I am aware that the exchange rate changes, difficulty rate rises. But what…
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