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Full Member Offline Activity: Except when ASICs come out if they come out it could be many multiples as difficult to mine. So you would need x based on estimates I have seen to get 1 BTC a day. Voluntaryism- The belief that ALL human interactions should be free of force, fraud and coercion. Yes, this is true. Bitcoin Step by Step 2nd Ed: Bitcoin Mining Step by Step: Currently, I would prefer to buy and hold btc.
Much higher returns in the coming few months. Win Free Bitcoins every hour! What does this mean for alt. Could this drive up exchange rates for others, or could it possibly have a negative effect?
Join them; it only takes a minute: Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top. How much time in average does it take for an simple PC to create block? And that's why I think that I missed something in my knowledge Thanks in advance! Roy Kuper 37 1 3. The answer is constantly changing, but this is something you can calculate yourself. Sign up or log in Sign up using Google. Sign up using Facebook.
So you would need 1/3, of the current average hash rate to earn 1 BTC per day. Remember that the average hash rate for the previous two weeks, which is what determines the current difficulty. The difficult changes every blocks. The difficulty is used to steady the rate of Blocks found to about 1. Bitcoin Mining Calculator. Got your shiny new ASIC miner? Wondering when it will pay off? If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month). It will not attempt to extrapolate difficulty or price changes -- it provides. These charts show the approximate network hash rate on the left axis: http:// wearebeachhouse.com We know the network adjusts for 25 new bitcoins per 10 minutes. Together this provides enough info to give an approximate answer to your question: hashes per bitcoin = (network hash rate) / (25 BTC per