Bitcoin Calculator - Convert Bitcoin into any World Currency

Calculating bitcoin mining profitability

I have a few questions about mining in the UK.
If I spent ~12k gbp / 16k usd on mining equipment (4 - 5 antminer S9), what kind of return would I get on them?
From what I can tell using online calculators: each ant miner has a minimum of 11.5 TH/S of hashing power @ 1127W.
Electricity price is approximately 20cents per hw/h (0.16gbp kw/h).
At current prices, this would net ~9k usd a year / 6.7k gbp per miner - so if bitcoin stagnates at this price for a year, you'd still get a return of ~3x on the cost of the unit?
Is the amount of btc you receive constant until the next halving in 2020? So at 11.5th/s you'd be expected to get 0.66 btc per year til 2020? Is anyone here successfully mining in the UK? Would it be worth waiting for the next iteration of the antminer series? Or perhaps its cheaper to purchase many old miners?
submitted by Noj123 to BitcoinBeginners [link] [comments]

Bitcoin mining profit calculator - YouTube Is BITCOIN MINING Profitable RIGHT NOW In Mid 2019? - YouTube best bitcoin mining software for windows 10 Bitcoin Mining in August 2018 - Still Profitable? - YouTube Bitcoin Mining 2019 - Should We Mine Bitcoin? - YouTube

Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. he CoinDesk Bitcoin Calculator converts bitcoin into any world currency using the Bitcoin Price Index, including USD, GBP, EUR, CNY, JPY, and more. Bitcoin-Kurs in EUR und USD; Bitcoin-Mining - so geht es ; Die Idee von einer Währung, die dezentral verwaltet wird und international gültig ist, hat seit ihrer ersten Vorstellung im Jahr 2008 ... Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware. Using our Bitcoin mining calculator, we’ll take a peek at some likely returns for an S7 and S7-LN. ... a single unit is highly unlikely to find any blocks when solo-mining. Finally, the Bitcoin to Dollar (USD) price is notorious for its constant state of flux. According to the above inputs, the S9 will produce** 0.285 BTC / $159 per month** and 3.36 BTC / $1939 per year. These puts Return on ...

[index] [29307] [5971] [13889] [26165] [15924] [15661] [28052] [26449] [3454] [13973]

Bitcoin mining profit calculator - YouTube

Is mining Bitcoin BTC still profitable in 2020? Let's review mining profitability, Bitcoin, Bitcoin Cash, and Bitcoin SV. Block reward halving, network difficul... 0.01 btc to usd.0024 btc to usd simple bitcoin calculator coinbase Popular Cryptocurrency Conversions BTC to USD BTC to AUD BTC to BRL BTC to CNY BTC to GBP BTC to INR BTC to JPY BTC to KRW BTC to ... #bitcoin mining android 2020 #telegram bitcoin mining bot 2020 #best bitcoin miner 2020 #best bitcoin miner hardware 2020 #bitcoin mining cost 2020 #bitcoin mining calculator 2020 #bitcoin mining ... Latest Video: 1. Buy Bitcoins: 2. Best Crypto Exchange: 3. ROBINHOOD GET FREE STOCK AND BITCOIN: Subscribe to the TechCashHouse to learn everything you need to know about bitcoin, bitcoin new...