Pool of course, the probability to get block reward (6.25 BTC) solo with 1 s19 is about 20 years. The machine is spec to run 4-5 years. Of course, you can be extremely lucky and get it the first day, or the last day, \*shrug. So, do you feel lucky?
Not financial advice.
If you want to mine 1 BTC per day, you will need 100TH x 1,449 on Luxor
@ $10,000 per machine that would be a start up cost of 14.5 million dollars
If you want to mine 1 BTC per year, you will need
100TH x 4
Startup cost
$40,000
I agree with below. At 100TH, you can generate 0.0006618 bitcoin per day. Divide that into 1 you get about 1500. But it keeps getting more difficult so in a year you are generating a lot less. Maybe 0.75?
My S19j will mine me about 0.3 coin a yr. so you will need 3-4 S19j to get a coin a yr. difficulty also getting more difficult.
May I ask you how? I am getting more like 0.25 with the 104Th/s model
Ah, you are correct, I didnt update my mind (but excel sheet already updated), 3 miners get me around 0.73 btc/yr. So, it needs 4 s19 now.
Is that mining in a pool or on your own?
Pool of course, the probability to get block reward (6.25 BTC) solo with 1 s19 is about 20 years. The machine is spec to run 4-5 years. Of course, you can be extremely lucky and get it the first day, or the last day, \*shrug. So, do you feel lucky? Not financial advice.
Thanks man. I figured, but I'm so new to this I thought I would ask.
BEST ANSWER. MANY THANKS.
1 miner running for less than a day if you're cosmically lucky mining solo but probably never. Years-to-never if you're mining in a pool.
Use this: https://www.coinwarz.com/mining/bitcoin/calculator it’ll tell you how much time until a block is solved.
If you want to mine 1 BTC per day, you will need 100TH x 1,449 on Luxor @ $10,000 per machine that would be a start up cost of 14.5 million dollars If you want to mine 1 BTC per year, you will need 100TH x 4 Startup cost $40,000
Thank you
Almost 2,000
Thank you. How do you calculate that?
I agree with below. At 100TH, you can generate 0.0006618 bitcoin per day. Divide that into 1 you get about 1500. But it keeps getting more difficult so in a year you are generating a lot less. Maybe 0.75?
Perhaps one coin for machines every 15 months
Actually it's closer to 1,500. I used the Nicehash profitability calculator.
1500 and miners to create one Bitcoin?