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Beloeyy reacted to GoDofWaR in The Extensive Bitcoin Mining Guide
Hello CG Members!
It is not a secret most people believe Bitcoin Mining isn't very profitable and just not worth it. I have decided to spend my money on all types of bitcoin miners and check exact profit/revenue values so the community gets a clearer image of the Bitcoin system. Looking over my results, I find it a bit shocking of how different miners earn per minute. Maybe it is time to change some miners so the "time needed to get your initial investment back" is more realistic. But thats a possible future suggestion; for now, lets jump straight in.
Currently, in CG, there are 3 types of Bitcoin Miners, the Bitminer S1, Bitminer S2 and the Bitminer Server which is connecting to the Bitminer Rack. The Bitminer Rack can hold up to 8 Servers.
To start with, lets take a look at the initial investments needed for each miner:
Bitminer S1
Bitminer S2
Bitminer Rack + 8 Servers
Miner
£5,000
£25,000
£50,000 each
Upgrades
£773,400
£773,400
about £550,000
Generator
£6,000
£6,000
£6,000
Extras
N/A
N/A
Bitminer Rack - £100,000
Total
£784,400
£804,400
about £1,056,000
As we can see, the initial investment ranges between £780k to £1m. This range is quite small when you looking at the possible profit from each miner:
Bitminer S1
Bitminer S2
Bitminer Rack + 8 Servers
Every 1 minute
£1,255.34
£1,880.50
£8,738.70
Every 10 minutes
£12,553.37
£18.805.02
£87,387.00
Every 1 hour
£75,320.22
£112,830.12
£524,322.00
Time needed to get back initial investment
10 hours
7 hours
2 hours
From this table we can agree it definitely not worthy investing in the Bitminer S1 and the Bitminer S2, as most people will not base for 10+ or 7+ hours. However we can conclude that if you have a base, and planning to base for more than 2 hours, which is realistic sometimes, the Bitminer Rack, equipped with all 8 servers is a good investment.
Whilst this table only shows one of each miner - you can own up to two of each. This doesn't change any estimates about time needed to see profit, as if you double the money making entity, and double the investment, the time needed would be the same. So realistically, in order to make money, you can buy and upgrade two Bitminer Racks, with 8 servers in each, making more than £1,000,000 every hour, simply by yourself! Like I mentioned, time needed to make profit wont change, however, the possible profit made after those 2 hours can be much bigger if you base with your friends/gang. If only 5 people spawn their two Bitminer Racks - You would make about £5,200,000 every hour (or about £866,666 every 10 minutes) and that's dope.
So, in conclusion, Bitminers aren't that bad if you invest in them correctly and have at least 2 hours to dedicate.
Should I make more of these guides for other money making entities? Let me know what you think!
*Fuel intake per miner, per generator was not calculated in this guide and actual profit may vary based on the miner you are using and the fuel intake needed*
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Beloeyy reacted to Noseian in Clarification on Rule 2.1 | Dark RP
I don't understand what you're trying to clarify?
If you accidently hit another person who you are not intending to hit then it's attempt rdm. If the person who was shot shoots you back, that's fine by them as you shot them.
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Beloeyy reacted to Noseian in What do i use skill points for
There’s literally no need for your sarcastic comment. You’re staff yet you act like you do not know anything. Stop being an idiotic moron and post if it’s actually useful rather than passive aggressive comment which no one needs.
Staff are suppose to help people, no matter the level of IQ. If someone is absolutely brain dead and asks about every rule, you don't laugh in their face. Same with this. He obviously doesn't know what skill points are used for.
Think this post can be locked, @Ice @Sprickles
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Beloeyy reacted to Coke in What do i use skill points for
I'm not sure but i think it's in the name ❤️ (also ^^^)
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Beloeyy got a reaction from netCat in Beloeyy's traiding center - Asuna slots
ASUNA UPDATE
@Dragos587 is no longer co owner of asuna, so full owner ship is mine
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Beloeyy got a reaction from OoO in Beloeyy's traiding center - Asuna slots
ASUNA UPDATE
Added
Ability to grow weed
Active next cj restart!
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Beloeyy got a reaction from Nate Bar in Beloeyy's traiding center - Asuna slots
Asuna custom job
Custom job ownership
Full owner ship is by @Beloeyy The Weeb
Description
You can raid and base with anyone
You may not enforce the law
Weapons:
M9k_1887winchester, EBR auto-sniper
SWEPS:
bhop_swep, unarrest batton, magic sword
Abilities:
Build on street, mug, raid pd, raid bank, hits, 100 armor. weed
Price 30£
© 2020 Holm ® All Rights Reserved. -
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Beloeyy got a reaction from lenny is lenny in Beloeyy's traiding center - Asuna slots
ASUNA UPDATE
Added
Ability to grow weed
Active next cj restart!
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Beloeyy got a reaction from OoO in Beloeyy's traiding center - Asuna slots
ASUNA UPDATE
Removed
M9k_remington870
Added
M9k_1887winchester
Active next cj restart!
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Beloeyy reacted to JEFF42 in Beloeyy's traiding center - Asuna slots
Poggers woo poggers.
now the anime lovers will be even more weeb!
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Beloeyy got a reaction from JEFF42 in Beloeyy's traiding center - Asuna slots
added magic sword
active next cj restart poggers
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Beloeyy got a reaction from lenny is lenny in Beloeyy's traiding center - Asuna slots
added magic sword
active next cj restart poggers
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Beloeyy got a reaction from OoO in Beloeyy's traiding center - Asuna slots
added magic sword
active next cj restart poggers
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Beloeyy reacted to roast in Custom job updates
Custom job updates complete 19/07/2020
sorry for the delay!!!!!!!!!!!!!!!!!!!!! x3
man ive been SLACKING
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Beloeyy reacted to JEFF42 in Beloeyy's traiding center - Asuna slots
The Asuna custom job. Meant for weebs that like anime! (Because pog)
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Beloeyy reacted to Dragos587 in Dragos' Ice Cream Shop
1.4 Advertisement - You may not advertise yours or other people's goods/services on other people's threads. make your own store cause we don't care