How much money do Bitcoin miners make?

[Ziki]

Is Cryptocurrency mining a great way to earn a passive income at the height of the craze around blockchain-based tokens. And How much money does Bitcoin miners make? How can we determine the potential earnings of a cryptocurrency miner today, Are they really making it

 

[Oyeleye42]

When bitcoin was first mined in 2009, mining one block would earn you 50 BTC. In 2012, this was halved to 25 BTC. By 2016, this was halved again to 12.5 BTC. On May 11, 2020, the reward halved again to 6.25 BTC.

 

[redpogi16]

I think bitcoin miners is earning a lot profit than bitcoin traders. Also bitcoin miners profit is depending on their mining profit. Also bitcoin miners profit is divided to their hardware upgrade and their electric bill. Bitcoin miner is like a lazy work but you are gaining profit.

 

[Christopher]

A Bitcoin minner makes a lot of money on their website as far as there are still in connection with there website. But it all depends on the type of platform he or she used on mining. A person that minions on a legit platform make a lot of profit. Let me say in a day there will make up to 0.005BTC which is huge profit

 

[ossai]

cryptocurrency

Miners are making money , but but it's with lots of patience, and we have lots of time waisting Minning machines , that waste data as well , but we have lots of mining machines or ways you mine bitcoins, but it's not easy.

 

[ronaldlorenzo01]

In bitcoin, there are a lot of ways to mine. On mobile you will earn less but if you can provide a rig a high investment rig for sure you will earn million of dollars. Some individuals are taking it serious by providing a camp for mining a bitcoin. But you should have right amount money for that.

 

[Obaterof]

As compensation for their efforts, miners are awarded bitcoin whenever they add a new block of transactions to the blockchain. The amount of new bitcoin released with each mined block is called the "block reward." The block reward is halved every 210,000 blocks (or roughly every 4 years).

 

[Ralphjoe]

Miners these days earns a staggering amount of Bitcoin that we can't really see with our physical eyes and these money differs from each other most times, you can't get same amount paid to miners at once.

 

[Dubai]

There is no specific amount bitcoin miners make. You make as much as you can mine. Mining takes time though. And you have to be patient if you want to mine bitcoin and make money. The process involves you being online at always in order to mine effectively. I have been mining for a while now and I have managed to only make few buck, about $15.

 

[Shivay]

Is Cryptocurrency mining a great way to earn a passive income at the height of the craze around blockchain-based tokens. And How much money does Bitcoin miners make? How can we determine the potential earnings of a cryptocurrency miner today, Are they really making it

Well if you transact your fee and they ask you for free then 70 percent of it is sent as miners fee , it is a rewards to miners for translation in a very fast way , the payments are sent really fast.

 

[abubakar3141]

Regardless of the number of miners, one Bitcoin only takes 10 minutes to mine. It will take 72,000 GW (or 72 Terawatts) of power to mine a Bitcoin using the average power consumption given by ASIC miners at 600 seconds (10 minutes), all else being equal.

 

[Atif3786]

Not many people are aware that free bitcoin is there for the taking. In fact, there are four terrific ways to earn bitcoins for free online. You can join purchase reward programs, open an interest-bearing bitcoin account, become an affiliate marketer, and even get paid to mine bitcoin without any specialized hardware.
it takes 10 minutes to mine one Bitcoin. At 600 seconds (10 minutes), all else being equal it will take 72,000 GW (or 72 Terawatts) of power to mine a Bitcoin using the average power usage provided by ASIC miners.

 

[Hasan Raza]

A Bitcoin minner makes a lot of cash on their site similarly as there are as yet regarding there site. Yet, everything relies upon the sort of stage the person in question utilized on mining. An individual that cronies on a genuine stage make a ton of benefit. Allow me to say in a day there will make up to 0.005BTC which is gigantic benefit.

 

[Judee201]

All those transaction fees we pay before transferring bitcoin from one wallet to another goes to the individuals who ‘mine’ bitcoin. People pay as high as $10 just to transfer an amount as little as $20 from one wallet to the other in most occasions and all these fees are distributed among the ‘bitcoin miners’ themselves.

 

[Zubair]

Is Cryptocurrency mining a great way to earn a passive income at the height of the craze around blockchain-based tokens. And How much money does Bitcoin miners make? How can we determine the potential earnings of a cryptocurrency miner today, Are they really making it

Cryptocurrency miners are earning huge profit by mining it. Because world is now moving forward towards online currency. So prices are going too high because of More investment in it. That's why miners of Bitcoin are getting huge income. But most of the people use mining apps too, I think they don't get much reward more than the pocket money of a student.

 

[ahmedo24]

They are actually making huge profit despite the halving though the miners also spend money to upgrade their mining equipments due to difficulty in mining at moment . Some miners could mine up to $1000 worth of bitcoin in aday

 

[Emma Aneni]

Cryptocurrency miners are earning huge profit by mining it. Because world is now moving forward towards online currency. So prices are going too high because of More investment in it. That's why miners of Bitcoin are getting huge income.

 

[WhiteHouse]

It depends on a lot of factors. When calculating Bitcoin mining profitability, there are a lot of things you need to take into account such as: hash rate, mining difficult, electricity cost, power consumption, pool fees and so on

 

[Nicklas22]

It's very hard to min something tangible in Bitcoin mining
When I was using crypto browser in mining Bitcoin, I sometimes don't even make up to $2 per day
The mining is very slow and it's very hard for people to just allow you min Bitcoin for free

 

[singlej007]

The cloud miners purchase a package and they are paid a particular percentage every months or so, but the offline miners, buy Bitcoin mining rig and set everything up, what you will determine the mining rig you bought and the mining pool you join.