How Much Can You Make Mining Bitcoin? (Sept 2020)

Masari: Simple Private Money

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In what year will the amount of Bitcoins mined per day will be come negligible?

By negligible i mean sub .5 Btc mined per day. Cheers!
submitted by cryptonaut414 to Bitcoin [link] [comments]

1800 Bitcoins Mined Per Day

At what price will the downward pressure miners place on the market cause the price to equilibrate or move downwards?
At $7000 that is $12.6 Million USD per day being minted.
This means that (assuming supply + demand are otherwise equal) Nearly $13million USD needs to be invested every day just to keep the price at $7000.
Seems like a lot right? Let's extrapolate out until the next halving in approximately 3 years; ~1000 days.
Over the next 1000 days only $13Billion of new investment dollars can enter Bitcoin without the price rising.
At that point the reward again halves to 900 coins per day for the following 1500 days; allowing an additional ~$10Billion to be invested without causing the price to rise.
At a price of $7000; over the next 7 years (~2500 days) a total of $23Billion can be invested without causing the price to rise (again; assuming supply and demand is otherwise equal).
Bitcoins marketcap is ~$120Billion
If you are curious whether it is possible for Bitcoin to support higher prices in the short term; it comes down to how much money you believe is trying to enter Bitcoin; and over what time period.
submitted by 45sbvad to Bitcoin [link] [comments]

Why is BTC going parabolic? New Coinbase users per day: 33,000 Bitcoin mined per day: 1800 ...not to mention every other exchange/country!

Why is BTC going parabolic? New Coinbase users per day: 33,000 Bitcoin mined per day: 1800 ...not to mention every other exchange/country! submitted by _smudger_ to Bitcoin [link] [comments]

Question on Bitcoins mined per day and $ inflow.

At current (untill the next halvening) there are approx. 1800 coins mined per day, which at this price level requires daily inflow of $13.68 millions of fresh FIAT into market so miners can profit from their energy burning and keep their ROI stable. What happens if daily inflow of fresh FIAT slows down significantly or for some reason stops?
submitted by Ce_ne to Bitcoin [link] [comments]

Question on Bitcoins mined per day and $ inflow. /r/Bitcoin

Question on Bitcoins mined per day and $ inflow. /Bitcoin submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Total Bitcoins Mined Per Day

Is anyone aware how much Bitcoin is currently being mined per day?
I know I am not aware of each individual miner's motivation/situation, (need to sell instantly to support the mining operation, or holding to sell at higher price later) but I think it would be a good piece of info nonetheless.
submitted by highbrowed to BitcoinMarkets [link] [comments]

1800 Bitcoins Mined Per Day /r/Bitcoin

1800 Bitcoins Mined Per Day /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Why is BTC going parabolic? New Coinbase users per day: 33,000 Bitcoin mined per day: 1800 ...not to mention every other exchange/country!

Why is BTC going parabolic? New Coinbase users per day: 33,000 Bitcoin mined per day: 1800 ...not to mention every other exchange/country! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BFL single...average Bitcoins mined per day?

Sorry I just don't understand the whole hash performance thing...so give it to me in simple English ...how many bitcoins can I expect to mine per day with it?
submitted by mojolama to Bitcoin [link] [comments]

09-27 23:55 - 'Bitcoin mining tool, Get yours now. I make up to $800 using this software per day and I have used it for 3 days now summing up to $2400. Inbox me if interested.' (youtu.be) by /u/lewisking26 removed from /r/Bitcoin within 0-9min

Bitcoin mining tool, Get yours now. I make up to $800 using this software per day and I have used it for 3 days now summing up to $2400. Inbox me if interested.
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Author: lewisking26
submitted by removalbot to removalbot [link] [comments]

An interesting fact of BITCOIN MINING

TradeBlock estimates the average cost to mine a single bitcoin (BTC) could jump to $12,525 after the halving, expected
144 blocks per day are mined on average, and there are 6.25 bitcoins per block. 144 x 6.25 is 900, so that's the average amount of new bitcoins mined per day.
submitted by tion_tyd to BitcoinMining [link] [comments]

Latest Bitcoin Mining Website - 2020 Earn up to $200 USD Per Day - 100% ...

Latest Bitcoin Mining Website - 2020 Earn up to $200 USD Per Day - 100% ... submitted by smartytechlearn to u/smartytechlearn [link] [comments]

This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day

This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day submitted by speckz to Futurology [link] [comments]

Do you still mine bitcoins from Nepal? And how much per day?

submitted by codeandcoins to Nepal [link] [comments]

A power plant in upstate New York is mining $50k worth of Bitcoin per day.

A power plant in upstate New York is mining $50k worth of Bitcoin per day. submitted by damian2000 to Cyberpunk [link] [comments]

This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day

submitted by I_did_dit to TopScience [link] [comments]

Mining Bitcoin with pencil and paper: 0.67 hashes per day

submitted by aliweb to programming [link] [comments]

Mining Bitcoin with pencil and paper: 0.67 hashes per day

Mining Bitcoin with pencil and paper: 0.67 hashes per day submitted by bch8 to Bitcoin [link] [comments]

Earn Free Bitcoins 3.90 BTC per Day in Bitcoin Mining with Proof

Earn Free Bitcoins 3.90 BTC per Day in Bitcoin Mining with Proof submitted by GlennDiscord to u/GlennDiscord [link] [comments]

Earn Free Bitcoins 3.90 BTC per Day in Bitcoin Mining with Proof

submitted by wilace200720 to bitcoins [link] [comments]

11-20 17:53 - 'Cloud mining with fixed Btc reward per day. What do you think about that?' (self.Bitcoin) by /u/Horst111 removed from /r/Bitcoin within 97-107min

'''
Hello guys, I've reviewed the major cloud mining companies and their profitability today. Let's take the expample of Genesis Mining: 40Th/S 24 months contract - $1,722 (plus meintenance fee of $0.06/TH/day, so you will actually be paying $1722+($0.06 x 40TH x 730 days) = $3,474 for a 40TH/S contract for 2 years. According to Cryptocompare, with the CURRENT mining difficulty(not taking in consideration that the mining difficulty will skyrocket in the next 2 years) you would be making 0.5772 BTC. Bottom line you would be paying $3,474 for 0.5772 BTC. But, realistically speaking you will most probably mine somewhere around 0.15 BTC, the most happier scenario 0.2 in the 2 years.
I was thinking, would a guaranteed peday cloud mining contract be attractive for the people already buying regular mining contracts? A mining contract saying: 0.001 per day mining contract - 30 days period for $600. Guaranteed returns of 0.03 BTC.
Per GENESIS EXAMPLE: 2 year contract: 0.0003125/day guaranteed for $3474 which will get you 0.2281 BTC. Which one would you prefer? Genesis, or a new company with daily guaranteed and fixed mined amount.
What do you think? I would really appreciate your honest and detached feedback. I know most of you would never buy a mining contract, here, I'm referring to people new in this business that will buy mining contracts anyway. Offcourse just buying Bitcoin is much better than mining it in any way.
'''
Cloud mining with fixed Btc reward per day. What do you think about that?
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Author: Horst111
submitted by removalbot to removalbot [link] [comments]

NEW!! Bitcoin Mining Get 100 Ghss free Earn up to 15% Per day without...

NEW!! Bitcoin Mining Get 100 Ghss free Earn up to 15% Per day without... submitted by Arshad9898 to u/Arshad9898 [link] [comments]

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