Check your GPU hash rates below. Although an ASIC can be built to provide optimal hashrates on an algorithm, the Graphics Processing Unit (GPU) is much more powerful than the CPU, and more flexible than an ASIC in their application. Check your GPU hash rates below. Although an ASIC can be built to provide optimal hashrates on an algorithm, the Graphics Processing Unit (GPU) is much more powerful than the CPU, and more flexible than an ASIC in their application. NVIDIA GeForce GTX SE v2 vs NVIDIA Quadro Comparative analysis of NVIDIA GeForce GTX SE v2 and NVIDIA Quadro videocards for all known characteristics in the following categories: Essentials, Technical info, Video outputs and ports, Compatibility, dimensions and requirements, API support, Memory.

Gtx 460 bitcoin mining

7 Reasons Bitcoin Mining is Profitable and Worth It ()

One useful way to think about hardware is to consider what price BTC would have to fall to in order for the machines to stop being profitable. You want your machine to stay profitable for several years in order for you to earn more bitcoin from mining than you could have got by simply buying the cryptocurrency itself. Unfortunately most older machines are now no longer profitable even in China.

The Bitmain S9 has been operational since and interestingly enough they are still being used in Venezuela and Iran where electricity is so cheap that it outweighs the risk of confiscation. There may, eventually, be more reputable sources of sub 2 cents electricity as the access to solar and wind improves in North America. For the individual miner, the only hope of competing with operations that have access to such cheap electricity is to send your machines to those farms themselves.

Not many farms offer this as a service though. These days, every miner needs to mine through a mining pool. Whether you are mining with one machine, or several thousand, the network of Bitcoin mining machines is so large that your chances of regularly finding a block and therefore earning the block reward and transaction fees is very low.

With one block per 10 mins they may have to wait 16 years to mine that one block. The oldest two pools are Slush Pool and F2Pool. Here comes the science part…. Pool fees are normally 2. Choosing the right mining pool is very important, as you will receive your mined bitcoin sent from the pool payouts every day.

An often overlooked facet of mining profitability is the fees one pays to sell the Bitcoin one mines. If you are a small time miner, you may have to sell your coins on a retail exchange like kraken or Binance.

Sometimes your fees are low but sometimes your fees are high - it really just depends on the fee structure of the exchange and the state of the orderbook at the moment. However, if you are a professional miner like F2 or Bitmain, you likely have really advantageous deals with OTC desks to sell your coins at little to no fees - depending on the state of the market.

Some miners are even paid above spot price for their coins. If you think you have what it takes be mine profitably, we suggest you make sure first by using our mining profitability calculator. Bitcoin farms that operate at scale use these advantages to maximize their returns. As the difficulty of mining bitcoin increases, and the price lags behind, it is becoming harder and harder for small miners to make a profit.

It all comes down to scale and access to cheaper prices. When people enter the space, without prior relationships, they struggle to compete with established mining operations. Bitcoin mining is starting to resemble similar industries as more money flows in and people start to suit up. With increased leverage, margins are lower across the whole sector.

Soon, large scale miners will be able to hedge their operations with financial tooling to lock in profits, whilst bringing in USD denominated investments like loans or for equity. As mining becomes more professional , it will make things even harder for DIY miners. If you have put in the effort to learn about mining, and you have found a location with low cost electricity for your machines, then you still need to consider where to store the bitcoin that you mine.

It is possible to mine direct from the pool to an exchange , but we recommend you keep your bitcoin in a wallet where you have access to the private keys. No, and in the case of Bitcoin, it almost never was. There was a time where one could profitably mine Bitcoin with GPUs, but again…today, you really must have an ASIC and a deal witha power company to make any money mining Bitcoin in The average home miner is unlikely to recoup the cost of mining hardware and electricity.

Profiting on your own is highly unlikely. The situation may improve in the future once ASIC mining hardware innovation reaches the point of diminishing returns. That, coupled with cheap, hopefully sustainable power solutions that retail customers can access in some shape or form, may once again make Bitcoin mining profitable to small individual miners around the world.

If small miners can re-enter the network it greatly increases decentralization and supports the original intentions of Satoshi Nakamoto even further. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity.

Buy Bitcoin Worldwide is for educational purposes only. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisors, or hold any relevant distinction or title with respect to investing.

Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading. Buy Bitcoin Worldwide does not offer legal advice. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website.

Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites. Popular Exchanges. Coinbase High liquidity and buying limits Easy way for newcomers to get bitcoins "Instant Buy" option available with debit card. Bitbuy Popular. Coinmama Works in almost all countries Highest limits for buying bitcoins with a credit card Reliable and trusted broker.

You can keep track of the next Bitcoin halving on our Bitcoin clock page. Tore Thornas Mining Expert. Today, four GMbased cards in a mining rig should be able to outperform a Radeon R9 X for less money, using less power. The Radeons are so much faster, in fact, that Nvidia typically avoids addressing our results, stating only that it doesn't optimize for compute workloads on its gaming cards.

It still falls behind the Bonaire-based cards in its price segment. That's an almost W former flagship! Topics Gaming. See all comments But without the big cooler, GTX Ti is daintier than a lot of sound cards we've tested. I'm pretty sure you meant to type "video cards" on page one there.

Ah, I just love some healthy competition. Actually meant sound card : It's definitely smaller than a small video card, but I even have sound cards here that are larger. I mean for 60W Nvidia has seriously nailed it. The only competition is way behind, the performs a lot less for similar wattage. I don't generally say this, but Nvidia well done! Take a bow.

Calculator mining profitability GeForce GTX 460 on Bitcoin, Ethereum, Litecoin and Monero coins Similar products

what miner are you guys using for the gtx I am just trying to run one to the ground as well to learn a little bit more about mining and cannot seem to get anything to work with it.. insufficiant drivers etc idk im just hitting a wall here. NVIDIA GeForce GTX SE v2 vs NVIDIA Quadro Comparative analysis of NVIDIA GeForce GTX SE v2 and NVIDIA Quadro videocards for all known characteristics in the following categories: Essentials, Technical info, Video outputs and ports, Compatibility, dimensions and requirements, API support, Memory. Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in , the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware. Tags:Channel news asia bitcoin, Btcc timetable silverstone 2018, B4l bitcoin, How to send bitcoin off cash app, Btc mmo