hi....steemian.....
For those of you who want to have a side business might be able to think of this way: mining Bitcoin. Reportedly, mine the virtual money is more profitable than a rented home business. Really?
One of the miners Bitcoin, call it his name Farhan, can reap up to millions of dollars just by mining cryptocurrency. Even mining is done automatically without having to be watched every day.
Farhan originally mine Bitcoin for fun, but now he is getting serious to earn extra money from that way. In fact have ordered Miner so that Bitcoin mined could be more.
"Now I'm still using VGA, have nMiner message but have not arrived yet, so a little late because of the delivery process Maybe just come late this September," he told, Friday (08/09/2017).
Farhan admitted that he usually pocketed about USD 6-8 million net per month from mining Bitcoin. Net in the sense that has been cut the cost of electricity and others.
If you already use nMiner, net profit can reach Rp 24 million per month. Really seductive is not it?
Farhan told me, his brother-in-law once had the capital to build a rented business. The money was enough to build 3 houses for rent.
Finally only 2 houses built, the rest of the money used to buy 3 pieces of Personal Computer (PC) and mining Bitcoin.
"Now the monthly income from mining Bitcoin is even bigger than rent," he said.
For example one PC can produce equivalent Bitcoin Rp 6 million only, then three PCs total already Rp 18 million. While a rented house may not generate more than Rp 10 million per month.
While Farhan himself as a miner Bitcoin ever get the largest net profit of Rp 16 million in a month.
"That's about the middle of this year's fitting Bitcoin prices rise high.After that more and more miners, so Bitcoin gained began to decrease," he explained.
Bitcoin the 'magic money' recorded the highest all time exchange rate of US $ 4,909 per chip or about Rp 60 million this year. Undeniably, more and more people are interested in the cryptocurrency.
Sorry man, Mining bitcoin is not as easy as you think. It's highly competitive now and people often join pool to mine. Most people I know, who has chosen to go solo, mine altcoins and then exchange these coins to BTC in exchanges.
Mining BTC is not a get rich quick scheme anymore, and it's a real business because you have to think about electricity cost, set up cost, repair cost, etc. If you don't want to mine altcoins, maybe buy and hold is a better option.
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how?
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No.
1 usd = 63.9 Rp as of today.
I btc @ 4909 usd = 313685.1 Rp.
Thats ok, I see you meant to use Indonesian Rupee which is called IDR on exchanges.
So in IDR 1 btc @ 4909 is 65000000 IDR. That makes sense. But I have to question the claim of 6000000 IDR mined in a month on a single pc.
To reach that amount of BTC, if you are only mining BTC, you will need at least 500 Gh/s or half a Terahash!
That is well above what any video card setup's on a normal pc, even a high end gaming pc can do. So either he's got quite a rig set up, or he's already using specialized mining hardware. Where I am from, it would cost me about $2000 USD to get ~500 Gh/s of btc mining power. That would still take up to 6 months to just pay for itself. How is your friend claiming to pull almost 500 bux USD in mining from a normal PC?
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