How you can mine bitcoin? Complete information

What is Bitcoin Mining? You can mine for free! [Complete information]

Friends This is 

OCEAN OF KNOWLEDGE

. And today I'm sharing details about cryptocurrency mining.

You know BTC is the best thing in the world and nothing equals it.

Not even platinum, which is the world's most precious metal.

So my question is how do you possibly think you can mine Bitcoin for free is a big explanation.

Well the truth is you can't. You see BTC mining requires many things.

Such as an Antminer, Cpu, GPU or USB miner.

Also, you are gonna need too much electricity in order to mine.

You guys may have a question that what is an antminer.

Yeah 1st time also thought that.

Then I do some research on my own to get some info.

Then I realize that BTC ain't fucking free.

1:About Antminer

Well, an antminer is a machine that can mine any kind of cryptocurrency.
You can buy any antminer from the shop. But the bigger miner you bought the bigger your profit. Well today the most powerful antminer bitmain-antminer-s17+(73TH).

This big baby can produce up to 0.00139733 BTC per day. So per day, you can earn almost 9-10 USD and more depends on your country. Cause in your country 1kwh almost cost almost 10 cents (0.1 Usd).[ Correct me if I am wrong, BD]. So according to Nicehash Profitability Calculator, you can earn per month almost 63 Usd(In our country). But Without electricity bill, your profit is 0.03824130 BTC.So that's approximately 280.36 USD.(1 BTC=7331.340723249USD).By Antminer you can make a good profit if you can somehow minimize your electricity bill. Maybe solar power. Or a Turbine or whatever.

2:CPU(Central Processing Unit)

Well, I don’t think I have to say anything about the CPU. If you use a pc or laptop pc then you should definitely know about CPU. Well the thing is you can mine with your CPU but I don’t think you should. Cause you see CPU isn’t meant for mining. It was built for other things. But if you want to you can mine with your CPU. But the problem is even if you a server processor or the most powerful processor you won’t be able to make a good profit. Cause CPU gives you a much low hash rate. But the electricity bill remains the same. If you use AMD Ryzen 9 3950X 16-core, 32-Thread Unlocked Desktop Processor you will earn 0.00012550 BTC every day.

And with the electricity bill(0.1 USD per kWh) you’re earning will be 0.00252903 BTC per month. But if you can add 4 more CPU you can earn almost 100 Usd per month with the electricity bill. You can also use a Threadripper CPU of AMD. Such as AMD Ryzen Threadripper 3990X 64-Core, 128-Thread Unlocked Desktop Processor.

 I am pretty sure this is the biggest fat baby you will find in the market now. Just this single fat boy can make 2.42 USD / Day. But you are gonna have to pay 4k USD for this. On the other hand, you can find the bitmain-antminer-s17+(73TH) for only 2.7k. So with that budget, you can buy two of that. That’s why CPU ain’t a good choice.

3:GPU(Graphics Processing Unit)

Well, those who play games and do some editing kinds of stuff on their pc they know what is a GPU. But those who don’t just simply type wt* is a GPU in Google.com.He kan defiantly help you. For mining GPU is also a good option. It’s also very powerful for mining. It gives you almost the same hash rate of the same level antminer. So if you wanna do multiple things with your machine then you should defiantly buy some GPUs.If your budget is 1k[only for the gpu] then you can buy 3 Sapphire 11289-06-20G Radeon Pulse RX 590 8GB GDDR5 Dual HDMI/ DVI-D/ Dual DP w/ Backplate (UEFI) PCI-E Graphic Cards.

With this 3 GPU you can make almost 1.5 Usd per day. And you will be able to make 38.67 USD per month(without electricity bill). Where the Rtx 2080 Ti or 2080s Can make only 0.95 Usd Per day.

                                                 

So using low end but multiple GPU will give you bonuses.

4:Usb MINER

Now let’s talk about the worst device you will have heard will. You see USB miner is kinda worst thing. But if you wanna mine with your low-end pc or Rasberry pi then this is really a very helpful thing.

Actually, to be honest, I really don’t know much about USB miners. But now the most powerful USB miner is GekkoScience NewPac 130Gh/s+ USB Bitcoin / SHA256 Stick Miner Most Efficient.

As mentioned by overclocking you can get up to 130Gh/s. So it’s really cool for a little device like that. It will cost $58.00 each so you can grab 7 of them and a USB hub. Well you just can’t use some ordinary USB hub. Cause ordinary hub isn’t gonna provide the power that you need. You have to use a powered USB hub. You can use their official USB hub.

It has 8 ports and you can also buy a USB Fan to cool them.

That’s it for today. I hope you guys like it. If not then leave some comments to make it better.

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