Bitcoin Mining Calculator CoinWarz

help in choosing mining hardware for profitability?

I just bought an antminer u1 which hashes oc'd at a stable 2.4GH/s for $30 shipped on ebay. I'm currently using it to mine bitcoin on bitminter. is there a more profitable sha256 altcoin? is there a more profitable pool that i should be looking at? from what I see of my current calculations, antminer u1 is unprofitable per http://www.bitcoinx.com/profit/ as it will take 3 years to make back the $30.
I'm currently running all kinds of calculations on the profitability of an additional hardware investment. the antminer s1 seems to be a (fairly) reasonably priced miner (~$300) (though i'm very annoyed they don't include a power supply grr which would be another $150 or so making the hardware investment $450) that can do an advertised 180GH/s with promises of 200GH/s overclocks if i void the warranty at ~400 watts (which im sure is really closer to 500w).
My current power rate in my area (i just looked at my bill and added up all the extras and such) is .36/KWh.
what do you guys think of general hardware bitcoin mining profitability?
are there other asic miners that i should be looking at?
EDIT: my apologies, I reworked all the numbers again and it looks like i'm only paying .162/kwh sorry about that... i was busy at work when i went through it the first time.
submitted by cpgeek to BitcoinMining [link] [comments]

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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. To use this calculator just input your mining hardware hashing power and it will automatically convert to all other units. For example the current network hashrate of Bitcoin is 140 EH/s (Exa hashes per second). To convert this value in to TeraHash or PetaHash or GigaHash you can use this tool. So why convert? For instance lets say you have an ASIC miner which is capable of delivering 14 TH/s ... Bitcoin (BTC) mining calculator. Bitcoin (BTC) Hash rate. Gh/s. Block reward ON. BTC. Power. W. Exchange rate ON. BTC. PowerCost $/kWh. BTC value ON. USD. Difficulty ON. Please note that calculations are based on mean values, therefore your final results may vary. Algorithm: SHA256 . Block time ... 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 only instantaneous calculations (how much you'd make if all ... Bitcoin Calculator. The CoinDesk Bitcoin Calculator tool allows you to convert any amount to and from bitcoin (up to six decimal places) and your preferred world currencies, with conversion rates ...

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