Digging Bitcoin How much can a miner earn in a day?-RHY Blockchain Mine on which the sun never sets!

Market Value	$ 20,419.84 million
Change	+0.01%
power	809.92 EH/s
Daily output	0.00000061 BTC / T
Halve time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.	Completed
Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.	+507.64%

Market Value	$ 2.90 million
Change	0.00%
power	2.59 KH/s
Daily output	0.21580310 DCR / G
Halve time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.	No halving expected
Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.	-99.62%

Market Value	$ 75.79 million
Change	+0.17%
power	1.32 PH/s
Daily output	0.00000255 LTC / M
Halve time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.	No halving expected
Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.	-99.75%

Market Value	$ 109.10 million
Change	+0.34%
power	4.57 EH/s
Daily output	0.00013301 BCH / T
Halve time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.	Completed
Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.	-45.14%

Market Value	$ 9.04 million
Change	-0.05%
power	11.29 GH/s
Daily output	0.00030172 ZEC / K
Halve time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.	Completed
Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.	+87.54%

Market Value	$ 5.42 million
Change	-0.03%
power	2.68 PH/s
Daily output	0.00018864 DASH / G
Halve time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.	Completed
Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.	-52.98%

Market Value	$ 56.27 million
Change	+0.19%
power	195.91 TH/s
Daily output	0.00006259 ETC / M
Halve time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.	No halving expected
Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.	+8.19%

Digging Bitcoin How much can a miner earn in a day?

2019-08-16 17:59

Digging Bitcoin How much can a miner earn in a day?

Bitcoin mining is a hot topic this year. As the price of coins rises, many miners compete to buy bitcoin mining machines such as ant mining machines, Avalon and Shenma mining machines, thus joining the Bitcoin mining army. Since time has come, "it is hard to find a machine." How much can a miner earn a day to mine bitcoin? Let's take a look at it.

Let me introduce the reward mechanism of the Bitcoin system. By setting the system, Bitcoin can basically stabilize a block that is dug every 10 minutes on average. Each time a block reward is given to the miner who digs out the block. The miners who dig out the block are called block miners. The miners’ unions record the legitimate transactions in the Bitcoin network on the blockchain so that the miners can receive the billing fee. The bonus for the miner includes two parts: one is the system reward, called the Coinbase reward (also known as the system award), and the other is the bookkeeping reward, called the miner fee. Coinbase rewards, starting with 50 bitcoins, the block height is every integer multiple of 210,000, and the Coinbase reward will be halved. This is the bitcoin mining bonus that we often hear is halved in four years.

At this stage, the Coinbase reward is 12.5 bitcoins. As far as the current stage is concerned, the miners have dug up a block of rewards, and the transaction miners received an average of about 0.1 bitcoin (not fixed), which means that the average reward for miners scooping out a block is about 12.6. Bitcoin. About 99% of the miners' rewards come from the system's Coinbase rewards. According to the Bitcoin system, a block can be excavated every 10 minutes. The number of new blocks that can be excavated in one day is 144 (60*24/10=144). Currently, the number of bitcoins can be excavated every day is 1800BTC (144*12.5BTC). =1800BTC). Together with a miner's fee of about 0.1 BTC per block, the total reward for all miners in a day is about 1814.4 BTC.

The proportion of your calculation power determines the mining probability. The bitcoin mining competition is the calculation power, that is, the number of hash operations of the mining machine per unit time. The greater the power, the greater the probability of digging into Bitcoin. At present, Bitcoin's total network computing power exceeds 39EH/s, which is 39 times 10 to the 18th power. what is this concept? If you use a normal computer to mine, its power is about 1000H / s, an average of 1000 random number attempts per second. There are 7 billion people in the world, each with a computer for digging bitcoin, so 5.6 million territories are needed to reach the current computing power of Bitcoin. The probability that a miner digs into bitcoin is equal to the proportion of his or her computing power in the whole network. Mining with an ordinary home computer, the probability of digging into bitcoin is much less than the probability of a jackpot in a two-color ball. Therefore, the miners are currently using professional mining machines - ASIC mining machines to dig bitcoins. If the miner "small cold" has a computing power of 1% of the total network computing power, in the long run, his probability of digging into bitcoin is 1%.

What is the profit of the miners every day? Miners can calculate the amount of bitcoin they have dug according to their own calculations. According to the current market price, they can calculate the income. The miner's "small cold" computing power accounts for 1% of the total network computing power. In the long run, he averages about 18 bitcoins per day (1800*1%=18), according to the current bitcoin price of 25,000. One yuan, the average daily income is about 450,000 yuan. Whether the miners are profitable depends not only on the income, but also on whether the mining revenue can cover the mining cost. The cost of mining mainly includes: purchase of mining machine cost, electricity cost, site cost, labor cost, etc. Different miners have different properties such as price, power and power consumption, as well as different costs such as electricity and labor outside the mining machine.

Therefore, how much money Bitcoin can earn in a day needs to be calculated based on actual conditions. What needs to be paid attention to is that Bitcoin mining is not a business that can't make a profit. The mining machine that was released last year is selling because it is because the bitcoin price has fallen sharply, which has caused the miners' mining income to fail to cover this. Forced to sell the mining machine. Knowing the key parameters such as mining machine price, calculation power, power consumption and electricity bill, you can use the mining calculator to calculate the mining revenue.

The probability of bitcoin miners tapping bitcoin depends on the ratio of the computing power he possesses to the total net computing power. So whether bitcoin mining can make money, not only depends on the income of mining, including the amount of bitcoin and the price of bitcoin; but also the cost of mining, including mining machine cost, mining machine power, power consumption, Electricity and other operating costs, among others, mining electricity bills, this is also the miners gathered in the Sichuan mines during the flood season to lay out the mining machine. In the Sichuan mines and overseas mines in the Middle East and Georgia, RHY mines are equipped with large-scale mines. It is understood that their mining electricity costs as low as 0.25 yuan can reduce the mining cost of miners. This is also an important reason why miners choose RHY mines when the price of coins rises.