#Best scrypt miner for mac how to
#Best scrypt miner for mac mods
#Best scrypt miner for mac free

Note: this calculation are made in worst case scenario for GPU compared to best case scenario for bitcoin ASIC

you get 1BTC in 30 days for mining altcoin with GPU, compared to 300+ days for mining bitcoin with ASIC.

mining using GPU are less risk because you can buy GPU rig anytime, anywhere, no pre-order.

you get 3500% more profit mining scrypt altcoins using GPU than mining bitcoin using SHA256 ASIC, for same price of hardware.

Now go here, you will see that on the most profitable coin (first row) you will get 1 bitcoin for about 30 days (its 45 days faster than SHA256 ASIC), how about difficulty increase within these period, this factor is not as scary as bitcoin, lets see difficulty chart for LTC here, you will see that the diff is up and down, by calculating the data history for 1 year, you will get that LTC difficulty increase is about 3% per month on average (this is 25x smaller than bitcoin difficulty change rate), so coinwarz data is not too much way off here by not take into account of difficulty increase

you bought GPU rig for 1 BTC ( its about 1000$, for this example i will use 2x AMD R9 280X which cost 800$ and will produce 1.6MH/s with cost about 750W/h ).

you have GPU rig in your hand right now.

your GPU rig consume constant max amount of electricity that it need 24/7.

#Best scrypt miner for mac free

you dont have free electricity, you will pay 0.1$/KWH.

Now lets compare it to GPU miner for Scrypt mining, which i use realistic assumption here Now go here you will see you will get 1 BTC in about 75 days right now (see the 2nd column from the rightmost), this value is not correct since it does not account for difficulty increase within 75 days, bitcoin difficulty are increasing about 35% in 2 weeks, thats about 70% per month, you will see the correct calculation is here which you will never get 1BTC within a year, and after 6 months your ASIC doesn't generate bitcoin anymore

you bought ASIC for 1BTC price (for this example, i will use ASICMiner Cube 38GH/s which price is 1BTC right now).

Lets calculate profitability of your SHA256 ASIC, and lets make it really easy by assuming some factor : I keep seeing they insist on mining bitcoin with SHA256 ASIC, i know its fun, its fun to see you generate money out of thin air, but thats not how we do it today because SHA256 ASIC era are gone, its very expensive playing field right now, if you insist want to mine some bitcoin, you should start mining using GPU! why? This is the very basic for latecomer always doesn't understand. r/BitMarket is where you go to buy and sell things for Bitcoin. code, proposals, whitepapers, hardware, questions) relating to Bitcoin. r/BitcoinTechnology contains anything technical (i.e. r/Bitcoin is aimed towards general Bitcoin related discussion. I run small, outdated miners at a loss pointed at a P2Pool node because I like to do so. Well hello friend! And welcome to /r/BitcoinMining! /u/subcypher's Inspired Greatest Quotes of All Time Have a question or interesting post about Bitcoin mining in general? POOLSД¬omparison of all mining pools on the official Bitcoin wiki ABOUT Likewise, all moderators of this subreddit do follow the Modiquette. If you notice somebody abusing the subreddit rules, please message the moderators with the in question.ДЄll members of the BitcoinMining subreddit are expected to read and follow the Official Reddit Rules as well as the informal Reddiquette guidelines. Do not beg for donations simply for lending a helping hand.ДЄnybody caught violating the rules will be banned on sight. Do not ask for other people to mine for your address.

URL-shortener services serve no use on Reddit as there is nothing restricting the size of your comment string. Nobody should have to trust you before clicking on a link. If you have questions about mining that alt coin, feel free to ask away! If there is a new alt coin out, this is not the place to discuss or promote it. If you don't have anything nice to say, it's best not to say anything at all. As common as it is in Bitcoin Mining, it is far to risky to be carried out over reddit. Feel free to hawk your wares in our sister subreddit /r/BitMarket - this means no goup buys as well.

#Best scrypt miner for mac how to

How to get a refund via PayPal for your Pre-Ordered mining equipment? RULES

#Best scrypt miner for mac mods

READ THESE SCARY STORIES FIRST! (us mods tell them to our kids around the campfire) FAQД¬an I mine using this old hardware? (CPU? GPU? Abacus?) AutoModerator will clean it up in no time! THINKING OF PRE-ORDERING? It's just below the submission or comment body. WARNING: THINKING OF CLOUD MINING? DON'T! SEE SPAM?Д¬lick the 'report' link.