1. Go to www.viabtc.com and refer to the Mining Profit Ranking
Before mining, you need to consider the following factors to purchase mining machines:
1) Mining coins (It is recommended to choose Bitcoin as your mining coin if you are a beginner)
2) Miner brands (Different mining machine brands have different quality. It’s recommended to purchase the mining machine produced by Bitmain)
3) New or second-hand mining machines (In general, old mining machines are cheaper. It’s recommended to purchase a brand new machine for a beginner)
4) Calculation of mining cost and expected revenue
How to calculate return cycle:
Return cycle = mining machine price/(Bitcoin output on the day * Bitcoin price on the day - electricity price per kWh * 24 * mining machine power (unit: KW))
As the difficulty value of Bitcoin changes once every two weeks and the coin price changes at any time, the above calculation result serves as a reference only, and the actual return period may change.
Comments
0 comments
Article is closed for comments.