Actually it depends on lots of things I think . But actually is there still any site mining Bitcoin with this market . please let me know if there is at all I missed the chance to mine it once .
How much money do Bitcoin miners make?
- Thread starter Ziki
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Bitcoin is a digital currency that is used to make online purchases all over the world. As a result, it has become an investment option in its own right, and it is traded similarly to other free currencies. The ability to forecast Bitcoin price fluctuations will therefore make potential investment and payment decisions easier.
Yes, bitcoin miners is earning a lot profit from miner, actually they are making huge of money in every month or day them are doing good in the business.
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The amount of money that you invested on bitcoins will determine how much you will make as a miner. You can't invest $500 and expect to make more profits than someone who invested $1000 in bitcoins mining.
People earning well mining Bitcoin and other crypto currency but these things usually take time and one has to be patient and consistent in order to make a lot from mining crypto.
Concerning how much money do Bitcoin miners make. Well, I don't actually have an idea of how much miners make when mining, I know if you are to mine and get profits, you have to get some hardware mining devices that will enhance effective mining and also have power supply
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If one can create the time to learn bitcoin mining and get the right gadgets I do not think one would like to make it a side profession as mining requires time and generates profit too.
I think that a bitcoin miner will all depend on the equipment that they have at their disposal. there are miner that have a lot of equipment and therefore are able to make a lot of bitcoin on a regular basis whereas there are some that just use their laptop or one piece of machinery and this can result in low rewards.
I can't say how much Bitcoin miners actually make in the mining process. But I know that setting up a Bitcoin mining farm is not something anyone can just jump into and start doing. The capital investment is very massive
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Haven't seen any difference or profit in what I have invested. The last time I checked it was negative balance and u couldn't understand. Or maybe it depends where u invested.
Is expensive to set up a mining farm especially for Bitcoin but I am very sure it's very profitable because I learnt the also benefited from the transaction fee to so if it is not profitable people with reasonable capital won't venture into it.
It depends on if you engage on cloud mining or offline mining which costs more in investing both type of miners makes some decent amount of money
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This men earn enough money via the blockchain network to process those coins to land on their destination successfully without any issue of lost funds as long as the address is correct.
Mining of cryptocurrency is not as easier as it requires a special computer before you think of mining something reasonable and even with that it is always easier to mine cryptocurrencies like bitcoin in a pool because it will be easier this way,it might take a few months to mine 1 bitcoin but I think the mining rate of bitcoins is decreasing every day.
Bitcoin minners get enough to gain through minning bitcoin on the depend on the site you are using to mine your own bitcoin will tell the type of gain you Will get by the end of the mining.
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How many people with reasonable capital actually venture into it on their own? They have to go into some form of joint ventures to get this thing working somehow. The project is just too massive in investment
That's pool mining which is more common than the individual mining farm , it all depends on the knowledge and size of the pocket.
When you want mining cryptocurrency it does not depend on the website that you were using but rather on the equipment that you have available to you in order to mine the cryptocurrency. If you have the right equipment you are able to make a lot more using the relevant mining programs.
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@brolyss, you are saying that minning crypto currency apcannot be depend on websites but equipment, if I may ask, what equipment can I use to mine my crypto currency?
There are alot of level in the mining process of bitcoins and it also depends on what you are using for the mining of this bitcoins because a lot of people can mine bitcoins with computer (although it is not advisable) a lot of people at the same time can mine bitcoins with a special bitcoin's mining electronic that is designed for mining of cryptocurrencies only, but even with that it not easy to mind one bitcoins.
They make a lot of money when they are mining bitcoins in pool because this is the easiest way for bbitcoiners to make a lot of money but if one person is mining bitcoins with a laptop or PC then its can take a very long time for you to mind a reasonable satoshi that can worth something when you convert it to dollars. I think mining in pool can generate 1 bitcoins within a few months.
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They make a lot of money when they are mining bitcoins in pool because this is the easiest way for bbitcoiners to make a lot of money but if one person is mining bitcoins with a laptop or PC then its can take a very long time for you to mind a reasonable satoshi that can worth something when you convert it to dollars. I think mining in pool can generate 1 bitcoins within a few months.
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