djfern
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Newb question - calculator accuracy

Thu Nov 30, 2017 10:43 pm

Hi all, I'm a newb.

I'm considering starting a mining farm with 20 x S9 machines. I'm curious though: How accurate are bitcoin profit calculators in the real world?

For instance, here is the scenario I'm looking at:
http://www.mycryptobuddy.com/BitcoinMin ... ower=27500

Are you folks out there doing this for real able to achieve the kind of results predicted here? How does this measure up against ACTUAL results?

The implication is that one Antminer s9 operating at 13.5TH can generate approx $560USD after hydro and pool fee in one month.

Is this realistic? What is your experience?

Thanks!

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Re: Newb question - calculator accuracy

Thu Nov 30, 2017 10:50 pm

I'd say a bit less than that. As the difficulty goes up over time, profitability will decrease. Another thing? S10s are expected to be released in the near future. When they launch, I have a feeling the diff will rise at an even faster rate.

Currently the logistics of mining is complicated and requires a big investment to make a big buck. If you're interested, you could calculate the expected Bitcoin you would earn from a certain pool by dividing the pool's network share by the total share, and then finding your share of the pool earnings manually. Then factor in electricity costs and even cost of labor and the upkeep of the place you're going to be storing your miners.

P.S. moved to correct board
theres a snake in my boot

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