How much does the farm bring in? How a mining farm works, how much their features bring and how to do it

Alexey Russkikh

At the end of 2015, mining was just beginning to be widely publicized on the network. Back then, investment portals gave the first forecasts for the purchase of bitcoins, small transactions were made among ordinary crypto-investors. And in 2018, every third user on the network wants to know how much you can earn on mining per day, how to do it and what he needs for this.

It is about the issue of earning on the extraction of cryptocurrency that we will talk. How much can you earn, what does it depend on and are there any additional ways to earn money on cryptocurrencies.

Farm instead of a home computer

Let's split this question into 2 parts. How much can an ordinary user earn by investing a conditional 50-60 thousand rubles in a farm and how much will an investor who is ready to invest 200+ thousand in mining receive.

Let's dot the i's right away. Making money on a home computer in today's realities is almost impossible. Such mining can be justified in relation to some new cryptocurrency, which will be relatively easy to mine in its very beginning. Otherwise, you will waste electricity. Unfortunately, the increasing complexity of the cryptographic encryption that digital cash is based on has taken home computers out of the game.

Considering that the volume of cryptocurrencies that are mined per day is inversely proportional to their price, it becomes clear that regardless of the type of cryptocurrency (algorithms, encryption, etc.), the rate of return of a miner is approximately comparable.

Real earnings on cryptocurrency mining are rarely discussed because many people use different equipment and mining methods. Let's talk about mining farms on popular models of Nvidia GeForce video cards.

The payback period for farms on the GTX TI 1060-1070 is approximately 2-3 months. Therefore, the income per month is about 700-900 dollars from one farm on these video cards, provided that it has from 6 to 10 video cards. But experienced miners recommend deducting about 1/3 for electricity from the amount of income. Therefore, having bought a farm from the GTX 1060 TI for 200,000 rubles, you will completely recoup this amount in 3-4 months, depending on the cryptocurrency and overclocking of the equipment.

More expensive graphics cards and rigs are also gradually moving towards a payback of 3-4 months. Video cards of the TITAN class, although they produce somewhere 2-3 times more cryptocurrency, pay off in the same 100-110 days.

As you can see, it is possible to make money on the extraction of virtual currencies, but earnings on independent mining with your own farm depend primarily on computing power.

The more you invest, the more you get. Farms for 200-250 thousand earn about 15-30 dollars a day. Farms for 500 thousand rubles and more, with proper work, will mine 50-70 dollars a day.

cloud mining

A few words about It is no longer farm work, but rather a means of investment. You register on the service, invest money and at the end of the period you receive cryptocurrency. Portals work like this:

• the company purchases the necessary equipment;
• adjusts it;
• establishes the supply of electrical power;
• leases computing power.

In fact, this is a simple collective mining on rented equipment. The advantages of this method:

• small amounts for entry;
• no problems with the equipment: all technical issues are resolved by the company.

You are required to invest money and make a profit. Tariffs and profits are different, as a rule, profit is directly proportional to investments.

The average profitability of cloud mining is 1% per day from the invested funds. Those. it takes about 100 days to pay back the investment. Having paid back the investment, you continue to make a profit, however, the profitability will decrease over time.

Here are some platforms with cloud capacities:

A little hack. If you plan to engage in cloud mining, you need to keep track of the ruble against the dollar. The stronger the ruble, the more power you can buy for the same money. Therefore, the lower the dollar exchange rate against the ruble, the lower the cost of purchasing a unit of computing power.

Mining in pools

A pool is an association of a large number of miners to increase the overall computing power of the equipment. That is, those who do not have equipment for independent cryptocurrency mining can join such groups. MinerGate is one such pool that supports multiple currencies at once.

For a novice miner, the pool is an ideal way to try your hand and capabilities. In order to join the pool, you do not need to have any expensive equipment. Often a home PC is enough. But, as mentioned earlier, the power of a home PC is not enough even to recoup the cost of electricity. For real earnings, you will need to at least improve the computing characteristics of a computer specifically for mining.

• you will need to install several video cards;
• increase the power of the power supply;
• regulate energy consumption;
• take care of cooling.

Earnings on depends solely on the capacity of your equipment. It should be noted that even in pools, the computing power of your video card is your only source of income: the synergy of the total computing power of the combined miners is more a myth than a truth.

Mining in pools brings less than independent mining of cryptocurrency in farms. All due to the fact that specially equipped farms produce much more power than home PCs. The payback period for investments on video cards, minus the cost of electricity, is 5-6 months of active mining (24 hours without disconnecting from the power supply).

Processor or video card?

The difference in earnings and video card is obvious. Even on a powerful i7 you can't count on more than 10 cents a day, while even not the most powerful GTX 1060 TI will bring 1.5-2 dollars for one day of work.

Earnings on good video cards compare favorably with mining even on gaming laptops. One 1080TI is comparable to 5 gaming laptops (worth 50+ thousand rubles) in terms of usefulness in the extraction of cryptocurrencies.

What determines the amount of earnings

The amount of earnings on cryptocurrency mining depends on two factors:

• investment in computing power;
• rationality of the choice of cryptocurrency.

As you already understood, the amount of earnings depends primarily on the invested funds. The more money you spent, the more powerful equipment you bought and the more money you get in the end.

However, in addition to costs, the choice of cryptocurrency also plays an important role. On small mining farms, mining bitcoins is economic suicide. You may be able to receive a commission for conducting transactions, but nothing more. At the same time, the new cryptocurrency (after the ICO) is less demanding on computing power and at the very beginning will be more “thankful” to the newly minted miner. Another thing is whether this digital cash will be popular in the future? The question is open.

Hence the conclusion: the weaker the equipment, the less popular cryptocurrency should be mined. Earnings are only possible on a large farm, but the promising Leathercoin will be mined even on a high-powered home PC.

For those who do not want to invest a lot in buying video cards, there is a small life hack. In Russia, only a few dozen major players are professionally engaged in mining. Only they know how to earn impressive amounts on mining. The rest are narrow-minded amateurs who want to quickly "cut down the cache" and then safely sell the equipment to gamers or other miners.

Therefore, if you want to, but you do not have enough money, then here's a tip: consider buying used equipment. Most likely, the hype around cryptocurrencies will continue and mining in 2018 will remain as profitable as in 2017 (besides bitcoin, there is also ether and other coins). At the same time, the boom in video cards subsided and manufacturers made adjustments to their production program, which should stabilize retail prices.

Important information about earning on mining, how much can you get from a small farm? What currency allows you to earn the most?

Mining is the creation of currency symbols using a special algorithm. To explain in detail: the owner of computing power for complex calculations delegates his power to the cryptocurrency mining system and receives funds for the solved task. Most people are interested in how much they earn on mining, you will learn about it in this article.

Initially, it was possible to receive cryptocurrency on stationary computers. With the spread of information about the possibility of such earnings, for those who tried to mine on computers, a black streak came.

Now we have to solve problems with a potential 2-3 times higher, which means that the power of computer technology is required many times higher. Video cards began to be used for calculations, gaming models ideally coped with this task and provided sufficient earnings per day.

After the power of video cards began to be insufficient, many users with mining farms for the extraction of cryptocurrency began to purchase specially designed chip systems that make calculations tens and hundreds of times faster. Mining farm has reached a new level.

How does equipment relate to earnings?

The profit from this way of earning is directly related to how much you are willing to invest in the business. If the amount is up to 100 thousand rubles, the amount you earn will not be tangible. The more powerful the equipment used for computing, the faster the calculations will be made. It should be borne in mind that the equipment for high-speed calculation of complex problems will be expensive.

Before allocating a certain amount for mining, watch videos of successful cryptocurrency miners and decide on the types of equipment suitable for the planned purposes, find out how much they invest and how quickly such an amount is recouped from profits.

Attention! Cryptocurrency mining on farms is not the most successful type of Internet business, be careful, you should not buy new equipment, immediately after receiving the first profit, it is better to save some of the funds.

Cryptocurrency mining has already brought tens of thousands of dollars to entrepreneurs who entered the field a few years ago. Over the past six months, there has been a serious decline due to the fact that high-capacity equipment is required, which costs significantly more than previously invested amounts.

It's best to stick with the most powerful video cards you can find. You will not lose a lot of money and you will be able to understand whether you like this type of earnings. Video cards should be bought only in licensed gaming equipment stores. Stores provide the longest warranty period. You can repair or replace the card with a new one after it fails. This method is used by miners, it is efficient and reliable.

Which currency can earn the most?

It is impossible to say unequivocally that you can earn more on a particular type of currency than on another. It is worth paying attention to little promoted currencies that are just starting to gain popularity.

Advice! After you earn the first currency, you should not immediately sell. Leave it on the currency wallet if there are any prospects for future growth. Most likely, with the increasing popularity and frequent use of the chosen cryptocurrency, the cost of the cryptocurrency will increase and it will be possible to sell it 1.5-2 times more expensive. Read exchange rates daily.

To make a profit from the currencies already promoted (Bitcoin, Litecoin, etc.), you need to invest significant capital, otherwise the profit will be minimal or not at all. Also, you should not mine a cryptocurrency that has no growth prospects, it will be cheap, and its extraction will take the same time as similar, expensive options.

How to calculate how much you can earn?

So, in order to answer how much you can really earn, you need to understand how much computing power you are ready to allocate for mining. For calculation, there are special calculators that are easy to find on the Internet. But it is best to find out the exact model of the video card and look at the calculations of those who have already worked with it in order to understand the amount of income that you can receive.

Final earnings will be affected by:

• payment for electricity;
• the right type of mined cryptocurrency;
• power or speed that mining tools give out.

Attention! Remember that over time, video cards or other equipment that is used for mining will deteriorate. The efficiency of work will decrease, which means that you will have to purchase a new one. Include this item in your spending schedule.

A real example of earning on mining

Considering how much you can earn on mining is proposed using the AMD Radeon 7870 video card as an example. The data corresponds to the mining period for May 2017. Round-the-clock mining requires payment for consumed electricity, the consumption of which will increase by 3-5 times compared to ordinary everyday life.

On such a card, it is beneficial to receive Zcash cryptocurrency. Working around the clock, you can get currencies for approximately $ 1.5 per day. In this case, the average electricity consumption is equal to a third of this amount. The cryptocurrency mentioned above costs little, it is better to pay attention to expensive options, for example, Ethereum.

With a mining speed of 28 MN / second, you can get at least 2 bucks per day, the maximum threshold for daily earnings is 2.5 bucks. Thus, having one farm for 4-5 video cards, at the end of the month you can get, subtracting expenses, about 12-13 thousand rubles. To increase income, you need to continue to study income from expensive cryptocurrency options (which will rise in price in the near future). You can also purchase more video cards.

Note! When expanding a mining farm, do not forget that video cards need serious cooling. It is advisable to mount them in special rooms that will be blown by industrial air conditioners. Such premises can be rented for a long time or arranged in a large garage. The correct temperature regime will allow the equipment to work much longer than the period declared by the manufacturer.

cloud mining

A risky option that many consider hype. Indeed, it is precisely such offers that are hype in 99% of cases.

If this hype, then it works without any special contracts and official papers. You are offered to invest some amount by making a transfer in such a way that it will be impossible to get it back. Over time, they promise profits, usually inflated and not consistent with realistic data obtained from other sources. Over time, the flow of funds from the owners of the HYIP stops.

Cloud mining is possible, you can even agree with one of your friends or acquaintances to get the necessary power. By concluding a contract for a period of 6 months, the client receives the power from the owner and can dispose of them as he pleases. In this case, the owner is paid a fixed rate, which does not depend on the final earnings of the client.

The problems with such a scheme of work are that the real profit will be minimal and almost imperceptible, 80% of the funds will be earned by the owner of the equipment, so almost no one uses this scheme.

Cryptocurrency mining without investments

There are several ways of mining, which differ in the type of obtaining currency, as well as options for using computer power to receive rewards. There is no free mining. The development of this type of business has led to the fact that there are a significant number of such offers on the Internet.

Beware of them, most likely they are scammers who want to get your money. Nothing is free in our world. For cloud mining, serious investments are needed, for ordinary mining - approximately the same amount.

Those who pay the minimum amount to open a farm, up to 100 thousand rubles, already six months later, possibly earlier, receive this amount back. Mining comes with risks and challenges like any other business. If you want to mine cryptocurrency, tune in to a long and hard work, you will have to solve various problems so that the profit comes in smoothly and gradually increases.

The production of cryptocurrency is called mining - in fact, this is the only method of obtaining cryptocurrency. This method is based on the solution of certain mathematical problems by computer technology. To increase efficiency, miners assemble into so-called farms, and users are faced with the question of what a mining farm is, how much can be earned using it.

The meaning of mining lies in the fact that computers located in all parts of the world solve certain mathematical problems. The result of the decision is bitcoins. The process of reproduction of this cyber-currency is not controlled by any single control center, and the deployment of computing power around the world makes it possible to ensure high security of the system as a whole.

What is used for mining?

The first bitcoins were mined using a standard personal computer. But over time, the operation of such equipment ceased to bring any serious income, and devices assembled on video cards and allowing you to earn large sums were put into use.

This is because the GPU has a different architecture than the traditional CPU. The composition of the CPU includes several processors, usually from 2 to 8, and this allows them to find solutions for complex tasks, in addition, this arrangement allows you to instantly switch from one task to another. The processors used in video cards have several thousand or even millions of cores that are capable of processing millions of pixels, while switching between solutions is much slower. These cores are not capable of solving complex problems.

The next step in the development of mining equipment was the emergence of ASIC devices. In fact, this is a specialized computer that is sharpened to solve a specific problem, that is, mining. The difference of this device from the rest is that it works on specially designed microcircuits.

Cryptocurrency mining is a rather energy-intensive process. That is, the volume of production directly depends on the amount of electricity consumed. Accordingly, the profitability of generation depends on the cost of electricity required for production.

In addition, we can draw a simple conclusion - it is profitable to mine cryptocurrency in those places where low prices for electricity are set. That is, in Russia, the countries of the former CIS and the Far East (PRC, etc.).

It is profitable to engage in mining in the presence of alternative energy sources. It is this technique that is used by huge cryptocurrency mining farms, where mining pools are located. This approach reduces energy costs and increases the profitability of this business.

It is rather difficult to give an exact figure for the amount of energy consumed; we can say that the largest Russian farm consumes about 300 thousand kW of energy. Yes, of course, this applies to companies engaged in mining in industrial volumes.

The costs of a farm located at home will, of course, be lower and depend on the equipment installed. Let's consider a simple example. To work, a fairly simple Antminer S9 ASIC miner will require 1.34 kW / h. Accordingly, the farm will consume 32.1 kW per day, and about 1000 kW per month.

By the way, another factor that should not be forgotten when building a home ferry is excessive heating of the air in the room and a high load on the electrical network. That is, it is necessary to ensure heat dissipation and install protection equipment on the network.

In our country, the Ministry of Emergency Situations recorded several cases of fire in residential premises where home farms worked.

How does equipment relate to earnings?

The equipment used on the farm plays an essential role in this process.

As already noted, powerful computers equipped with a set of video cards are used to mine cryptocurrency.

Recently, ASIC miners have been widely used to mine this type of currency - miners that cannot be compared with traditional computer equipment. This installation is built in such a way that human participation is reduced to its minimum participation. That is, you do not need to install the equipment, perform the simplest settings and run the mining program. The operation of this device is based on the cryptographic algorithm Scrypt and SHA-256.

Equipment of this class is characterized by hashrate and energy efficiency. The first value is the performance level of the device, the second shows the ratio of the rate of currency production and the amount of energy expended.

Of course, we should not forget about video cards, which are combined into so-called farms. The combination of boards of this class allows you to generate a large amount of cryptocurrency.

Which currency can earn the most?

There is probably no direct answer to this question. It depends on many factors. But there are certain statistics that show the most profitable electronic currencies. Bitcoin has been in the first place for many years now, Ethereum is in the second, and Ripple is in the third.

How to calculate how much you can earn?

To calculate the approximate earnings, it is necessary to calculate the cost of the process. It includes the following articles:

The amount of the reward that the miner receives for closing the block of transactions. For bitcoin, this figure is 12.5 coins. But it must be borne in mind that there is a steady trend in the cryptocurrency market to reduce the size of this reward. The speed that the computing device shows when matching the signature of data blocks. The cost of electricity, that is, the more it is consumed, the less profit. The amount of remuneration that remains to the pool depends on the number of its participants.

Many companies involved in mining have calculators on their websites that allow you to calculate both approximate costs and estimated income.

Alternative mining methods

Mining in the browser

Mining cryptocurrencies using existing equipment is becoming increasingly difficult. Equipping even an ordinary home farm requires quite serious financial resources. For example, we can say that the cost of the base Antminer S9 is about 30 thousand rubles. At the same time, it is necessary to take into account energy costs, which also amount to a round sum.

That is why, such a type of cryptocurrency mining as mining on your own browser began to gain popularity. Of course, you won’t earn much on this, but you can get a certain set of knowledge sufficient for independent work on mining cryptocurrencies and setting up programs designed for this.

What is mining

Mining in the cloud provides the user with the opportunity to earn cryptocurrency by using the computing power of data centers. The user does not need to purchase expensive equipment and bear the cost of paying electricity bills. He simply buys out certain capacities, but this method will show maximum efficiency where energy is quite expensive.

The principle of operation is quite simple, users who connect to the cloud accelerate the production of cryptocurrency, and services that provide capacity for rent earn their commissions on this.

Many people who are looking for different ways to make money have heard about mining. In fact, this option has been around for a long time, but it only became popular in the first half of 2017, when this business began to bring huge profits. This is due to the fact that the cost of most cryptocurrencies has increased markedly. Yes, mining is really very profitable at the moment, so you need to take advantage of the opportunity while it is there!

What you need to know before mining?

It is required to warn inexperienced people who are going to engage in mining. The fact is that currently purchased video cards (we'll talk about the components of mining farms a little later) pay off in about 60-100 days, it depends on the model. Although in the recent past, this period could reach up to about 1.5 years! Unfortunately, no one can give you a guarantee that mining will remain profitable for a long time, but many experts say that the situation should not change much in 3-4 months, so now it’s still worth investing in it.

Mining farms (systems that are assembled for this purpose) also require electricity. At the moment, about 15-20% of the income level has to be paid for electricity (data are given based on the average price of a kilowatt of energy in the regions of Russia). But until recently, these figures could reach up to 40-60%. If the risks do not scare you, then you can continue to read this article, otherwise you can close it and search for yourself.

What is mining?

Not everyone will be able to understand the essence of this process, but we will try to explain it as simply as possible. There are special currencies that do not belong to a particular state and are not considered recognized. We are talking, of course, about cryptocurrencies, they are created during mining, after which they will simply be exchanged for the ordinary currency of your state and withdrawn. Cryptocurrencies are created according to unique algorithms, each of which is designed for a specific coin (cryptocurrency). For example, Ethereum (on AMD video cards) and Zcash (on Nvidia video cards) are most often mined now.

How to build a mining farm?

To begin with, it is worth understanding that a mining farm (hereinafter referred to as a "farm") is not some kind of unique system, the structure of which can only be understood by specialists with special knowledge. Roughly speaking, a farm is a computer with the most number of video cards that perform calculations within the algorithm. Let's look at the structure of such a farm.

What should be included in it?

As mentioned earlier, the farm is a computer with a large number of video cards, so it must include all the components that are in an ordinary system unit. Let's list all the standard components:

1. CPU. This component is not important. It must be chosen so that the processor socket matches the motherboard socket (otherwise it will not be possible to install it). You can take the weakest processor from the store, for example, Intel Celeon of any generation.
2. Motherboard. This component is of particular importance, so you need to pay attention to it. The most important thing in motherboards is the PCI slots into which video cards are inserted through risers (but more on that later). The optimal number of video cards in a mining farm is 6, so the sum of PCI x1 and PCI x16 ports should be 6.
3. RAM. Its volume must be at least 4 GB, but you should not overpay for a larger volume. Please note that ddr4 memory is only suitable for ddr4 boards.
4. HDD or SSD. A hard drive or solid state drive is a required component, the system will be installed on it. Large volume is not required (120 GB SSD will be enough).
5. Video cards. We will talk about this component in the next paragraph.
6. Power unit. Power supplies deserve special attention. You can calculate the consumption of the system in special calculators that can be easily found on the Internet. But remember that it is advisable to take blocks with a margin of about 20%, because their efficiency will never be 100%. Let's also highlight the fact that the blocks should have a sufficient number of batteries for video cards, otherwise it is recommended to take a closer look at server power supplies, because they are better suited for round-the-clock work, but they are more expensive.

Additional components are also very important:

• risers(“adapters” for connecting video cards). They can be ordered from
• Special homemade corps. Assembly instructions can be found online.

What will the income depend on?

It's time to move on to the most enjoyable part of the mining discussion, which is income. But before choosing video cards for this, it is necessary to delve into the question of what the income depends on.

• Factor of video card chip manufacturers. Not everyone understands why the names of two companies (for example, Nvidia and MSI) appear in the name of one video card. The fact is that AMD and Nvidia (there are only two of them) are engaged in the production of chips for video cards, which are sent to other companies that create cooling and add factory overclocking. The purpose of such companies is to implement. You may think that this information will be superfluous for mining, but it is very important to understand before purchasing which video cards from which chip manufacturer you will install.
  As mentioned earlier, it is best to mine Zcash on Nvidia video cards, and Ethereum on AMD video cards. Power on Zcash is measured in Sols, while power on Ethereum is measured in MegaHashes. So, now 1 megahash is approximately equal to 9-10 rubles, and one sol is 0.7 rubles. But do not think that this is more than 10 times more profitable for mining on AMD. The complexity of the algorithms for Zcash is less.
• quantity factor. In the previous paragraph, we gave you approximate prices for speeds, but the quantity is of great importance, no matter how obvious it is, but you can achieve it in various ways. Some prefer to install inexpensive cards (rx 460, gtx 1050 ti), but in large quantities. This approach is erroneous, because, despite the small payback of video cards, the method will require a large number of PCI slots, and hence motherboards. It is best to give preference to the "medium options". We are talking about gtx 1060, rx 470 and rx 480.

Why are there no video cards in stores (summer 2017)?

As we already mentioned, mining is now incredibly profitable and popular, so most of the video cards are simply impossible to find in stores, because they simply ran out. In fact, not everything is so sad, because only the middle segment has disappeared from the shelves, but you can still buy cheap video cards.

If you are going to invest a lot in mining, then collect farms on gtx 1050ti (average price - 13,000 rubles, current income - 120-140 rubles (gives out 190 soles)). If you are going to invest about 50,000 rubles, then your choice is rx 460 (card price - 7,000 rubles, income - 80 rubles per day). Yes, this is not much, but the card will pay off much faster, and it will most likely be possible to sell it without problems.

Alex 2017-04-14

Today we are starting an experiment, according to the results of which we will find out how much you can earn on bitcoin mining in 2017 by investing a small amount of $150.

The purpose of the experiment: to find out how realistic it is to earn with the help of bitcoin cloud mining, to determine the pros and cons of this type of earnings.

To earn money, we chose the genesis-mining.com cloud service with a Russian interface. We chose the service from those that have been on the market for a long time, and it seemed to us quite stable, as well as convenient to use.

The bitcoin exchange rate at the time of this writing is $ 1170 for 1 BTC

Registration on the resource is very simple. We will not describe it, but we will start by choosing a tariff plan and investing $150.

Choose a currency and invest in genesis-mining.com

We go to the control panel and press the yellow button “Start mining now”. Select "Unlimited bitcoin mining" at the top and set the amount you want to invest with the slider on the right.

We opted for a small investment of $150, thus buying a pool capacity of 1 TH/s.

We select the currency in which we will pay for the pool capacity. There are different payment options on the service, in our case we chose bitcoin.

Then we are warned about a daily subscription fee of 0.00028USD/GHs per day ($0.15). We are offered to accept the terms and pay. We, as real users, do not read the terms of the agreement, but immediately pay in order to earn bitcoins faster.

After we clicked the pay button, a window appears with a link to the bitcoin wallet and a time counter during which this link is valid (30 minutes). It is not entirely clear to us what will happen if we make a payment when the counter comes to an end. Therefore, we recommend that you open your bitcoin wallet in advance so that it is ready for use.

Now it remains to pay $150 from our wallet (0.127 BTC) and we can start earning bitcoins. Or rather, we hope so.

Then we indicate the bitcoin wallet to which the earned money will be transferred to you:

My account -> settings -> wallets.

The minimum payout of mined bitcoins to your bitcoin wallet is 0.0006 (about $0.80 at the rate of $1170).

As you can see, everything is very simple, but now we are interested in the main question: how much can you earn on bitcoin mining by investing $150?

If you also want to try mining with genesis-mining.com, join and use our promo code - Vv7B4Y. Using it, you will receive a discount when paying.

How much can you earn from bitcoin mining?

Today we publish the first report:

We received the first payment approximately 24 hours after the start of mining and the amount of income was 0.00027068 BTC ($0.32 at the rate of $1170).

On average, when investing $150 in cloud mining, we began to earn about 0.00027068 bitcoins per day ($0.32 at the rate of $1170).

Let's calculate how much we earn per month and per year at a rate of $1170 per bitcoin:

Monthly earnings — 0.32 * 30 = $9.6
Earnings per year — 9.6 * 12 = $112.

Now let's calculate the annual percentage return - 112 / 150 * 100 = 74.6% .

Conclusions:

Under ideal conditions: when investing $150 in cloud mining, you can earn $112 per year, almost returning the invested amount (provided that the rate will be unchanged - $ 1170).

After we recoup the invested amount of $150, the annual return will be about 74%. This is a very good percentage.

Recall that for $150 we bought a production capacity of 1 TH/s. If you buy a capacity of 10 TH/s for $1400, then the income will increase 10 times and amount to $1152 per year.

In real conditions: Knowing how much the bitcoin rate is subject to fluctuations, our calculated income can either fall several times or rise. The constant increase in mining difficulty will also negatively affect your income.

If the rate rises, you will not only recoup the invested money, but also make excellent money. If the bitcoin rate drops more than twice, you will lose your money. Also, no one can guarantee you that our cloud mining service will not cease to exist.

It follows from this that in ideal conditions we receive 74% per annum, but we can only find out the exact amount of earnings after waiting a year, since it directly depends on the bitcoin rate and our luck.

Our opinion:

We provided you with information and showed you the real result. If you have money and like to take risks, this will suit you, but you must decide for yourself whether it is worth it. The main thing is to invest only the amount that you are not afraid to lose.

In this article, we will publish reports on how much we can earn per month and per year, so stay tuned. Depending on further earnings results, we will be able to buy more pool capacity, if it makes sense.

Updated 04.05.2017

We publish the schedule of income in dollars for May 2, 2017. Since the beginning of mining, 20 days have passed, during which it turned out to earn $7. Note that the bitcoin cryptocurrency rate during this time has grown from $1200 to $1500 per 1 bitcoin.

First $10 dollars! Updated 07.05.2017

Today we earned the first $10 dollars on cloud mining. It took 26 days to complete, remember that we invested $150. Since the writing of the article, the bitcoin rate has begun to grow strongly. The table shows the income calculated at the increased rate of bitcoin. If it fell, then it would have turned out to earn much less.

Also below we publish payments in bitcoins, so that you can observe the process of earning.

Updated 05/14/2017

For the period from 04/14/2017 to 05/14/2017, we managed to earn on bitcoin mining $14 dollars. See the full schedule of earnings during this time.

We decided to create a separate bitcoin (bitcoin) wallet for receiving payments, so as not to be confused with bitcoins that we receive from other sources. We will transfer the earned bitcoins there and in the future we will show the results of earnings on it by laying out screenshots.

Updated 05/28/2017, earned 0.01249327 BTC($27 at the rate of $2232 for 1 bitcoin)

Updated 06/15/2017, earned $50 ( 0.01870485 BTC at the rate of $ 2644 for 1 bitcoin)

08/24/2017 - Results for 4 months.

At the moment, the cost of 1 Bitcoin = $4309. In 4 months, we fully returned the invested amount of $ 150! And now we start earning) How, for passive income, this method is a great option. If you also want to try it, then you are here and while bitcoin is growing, you can still earn.

Updated10/13/2017 — Bitcoin price $5750

We have $300 in our wallet, while bitcoin is growing, everything is fine))

Updated11/26/2017 — Bitcoin price $9000

In our wallet $560 ( 0.06187362). We remind you that on April 14, 2017, we invested $150 in cloud mining by purchasing a pool capacity of 1 TH/s, when the Bitcoin exchange rate was $1170.

Updated07.12.2017 — Bitcoin price $15147

In our wallet $1028.80 ( 0.06399948 BTC ). , we have invested $150 in cloud mining by purchasing the power of the pool in 1TH/s

Results

This experiment was conducted to test how much you can earn from bitcoin mining with a small investment. In the end, thanks to the growth of the Bitcoin cryptocurrency, we managed to earn some money.

We showed an example of how you can earn on cloud mining. Now bitcoin has become very expensive and it is quite problematic to buy it from a financial point of view, so you can turn your attention to other cryptocurrencies and just do the same as we did.

From the wallet, we withdrew and cashed out the amount of $1,000 at a rate of $19,000 per bitcoin. Where it is profitable to buy and sell bitcoin you can read in our

We continue to earn bitcoins in this pool, because we bought power there and so far it is enough to pay the pool commission.

When the complexity of the bitcoin system increases to the point where we do not have enough of our purchased power, we will stop making a profit and write down how much we were able to earn from start to finish.