How much can you earn mining?

johnycrypto (60)in #mining • 7 years ago (edited)

ImageSource: blokt.com

Hello Steemit Community!

Mining is a need for blockchains with Proof-of-Work consensus, in the early days of Bitcoin you could easily mine 1 btc with a normal computer but now the difficulty is too high that you need dedicated machines to mine it.

Have you ever thought about investing in mining?

I had some ideas to investing in miners but after a intense research, I wouldn't be able to maintain because of the high electricity cost and power and the right place to place the miners, if you are thinking the same make sure you analyze every single cost and capability.

I found some good websites to check what is the best coin to mine, how much can you earn including all expenses and actual price. Use them for your research....

ASIC Miner Value - A list of profitability of the ASIC miners with power, noise, algo, hashrate and the release. They also have a list of manufacturers and vendors.

WhatToMine - Probably the best website for mining calculation, you can choose GPU mining and put all your equipment and see what is the best algo to mine and the best profitable coin.

CryptoCompare Mining - A very legit platform with verified information of the best mining equipment on the market and cloud mining.

NiceHash - A mining marketplace where you can buy computing power or sell your computing power. This is the most stable and easy platform to mine, they have a very user-friendly and easy software that rent your mining equipment and earn bitcoin as a payment with stable earnings everyday. You can calculate the earn rate for your equipment here