Mining Calculator Bitcoin, Ethereum, Litecoin, Dash and Monero

2Gh-3Gh enough?

So, I have 6 USB ASIC Miners, they run on average anywhere from 2.1 to 3.1 Gh. I have been mining on EclipseMC for about 2 weeks and only have gotten 0.0105..... BTC. As of right now they appear to be generating next to nothing. Is that enough Gh? Is there a better pool to mine in? Should I just sell these right now and only take a small loss? When I bought them, I used a bitcoin calculator, and it seemed to think I would make my money back in 3.5 months.. but I dont think I can even do that now with the difficulty going up?
submitted by ShreddinPB to BitcoinMining [link] [comments]

How to determine a break even point and how many coins one can mine?

If I had a Block Erupter 49 Port USB Hub and started filling it with AntMiner U2 2 gh/s USB miners, how do I figure out how many coins I can mine versus the expense of the hardware? (lets forget about electricity for now)
The Hub is $99 and the AntMiner U2 2gh/s are about $23 each.
I looked at this:
so plugging in 98 gh/s (49 miners * 2gh/s each) it would seem that this makes $16/mo but this hardware would cost about $1200 + a power supply to power it all.
Where is the sweet spot for hardware cost versus return? is the above setup worth the money or for the same amount is there a better solution?
submitted by slackmoehrle to BitcoinMining [link] [comments]

Mining Calculations/Questions

Hello everyone! I'm looking into getting into mining scrypt currencies like Litecoin and ran into some vary weird calculations that just can not be accurate, but I'm not sure what could be wrong.
I found this miner:
It claims to do 2 GH/s which seems crazy as it is. So I was curious about how profitable it would be. So I Googled "Litecoin mining calculator". I found this website: It asks for kh/s for their calculator. So I enter in what the 2GH/s would be and unless my math is wrong it should be 2,000,000 KH/s. At that rate it estimates I will mine 191.25 Litecoin a day at the current difficulty of 10,307.9291509 (could this be wrong?) At 191.25 LTC a day that is 67415.09 LTC a year. That has to be wrong isn't it? That's absolutely absurd number. Something has to be wrong, but I'm not sure what it is. Any ideas?
submitted by Jediguy to litecoin [link] [comments]

First Experiment in Mining, even lowest hopes get disappointed.

Hi guys,
I wanted to know if Mining can be a valid option to make money (like so many others). But instead of spending thousands of bucks for my first disappointment I simply bought a 35€ 2GH/s Antminer U2. After about 24 hours of mining with the btcguild pool I've received about ~1300 satoshis which calculates to not even 0.01€ using for the bitcoin-euro price.
If I ask for the euro price of 0.00001323 (current earnings) *365 (days per year) * 24 (number of years) btc in eur then I get about my 35€. So in the current price and Difficulty situation I need about 24 years of 24/7 mining to cover my expenses, considering electricity and the computer that runs the mining software to be free.
Even if the price increases tenfold by surprise and I overclock my ASIC to the limit that's not going to be good enough, right?
Seeing that I want to know why do people spend hundreds of thousands of dollars mining bitcoins. I don't know, but I would assume that a 2TH/s ASIC might produce thousand times the output of my ASIC, but it will cost more than 1000 times the price of mine, or not? And with so few bitcoins per hash/s it doesn't really matter how many hash/second you own, right? Each single hash/second is just a sunken cost, no matter how valuable Bitcoin get.
It would be really great if anybody could explain why there is a single person who mines for money.
edit: what I mean is owning a 2 TH/s ASIC must earn more than 1024 times more than a 2 GH/s ASIC for it to even have a chance to make it's own cost back, right? Is there such a thing? Does a TH/s get 2000 times more bitcoins than a GH/s?
edit 2: I might need to add some perspective on my expectations. I've read a lot of articles. So after that I knew I will not make a profit. But expecting to make 80% of your investment is one thing, then experimenting and actually not making 1% of your (small) investment is really, really bad.
edit 3 - Summary of the discussion results up to now: For people who don't want to read all the comments, the result is that I probably paid way too much for my ASIC when comparing GH/s to the price of the ASIC. I paid about 17.5€ per GH/s while a normal price would be around 0.40€ per GH/s. To get that result you probably need to invest bigger than 35€ and buy a bigger ASIC, though.
submitted by erikb85 to BitcoinMining [link] [comments]

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Profitability Calculator. Check or Compare the potential earnings of your hardware. Calculator Comparison Auto Detection. For CPU & GPU only. autodetect my hardware For Windows 64bit users only. or. Manual Selection. CPU, GPU & ASIC. ENTER HARDWARE MANUALLY. BEST PERFORMING HARDWARE Top 5 hardware Currently on NiceHash. ASIC . EARNINGS/DAY. BITMAIN AntMiner S19 Pro. 0.00083300 BTC $10.81 ... An easy to use crypto-currency finance utility used to calculate a Bitcoin Cash miner's potential profits in ETH and multiple fiat currencies. The calculator fetches price and network data from the internet and only requires the hash rate (speed of mining) from the user. A projected future profit chart is created dynamically and displayed instantly. To use this calculator just input your mining hardware hashing power and it will automatically convert to all other units. For example the current network hashrate of Bitcoin is 140 EH/s (Exa hashes per second). To convert this value in to TeraHash or PetaHash or GigaHash you can use this tool. So why convert? For instance lets say you have an ASIC miner which is capable of delivering 14 TH/s ... Durch Bitcoins Mining können Sie Einheiten der virtuellen Bitcoin-Währung erhalten. Mit entsprechendem finanziellen Aufwand kann so jeder Computer-Besitzer nebenbei Geld verdienen. Wie das geht und was Sie dabei beachten sollten, erklären wir Ihnen in unserem Ratgeber. 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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