{"id":5826,"date":"2022-12-10T21:18:23","date_gmt":"2022-12-10T21:18:23","guid":{"rendered":"https:\/\/hashrate.farm\/?p=5826"},"modified":"2023-04-01T01:41:57","modified_gmt":"2023-03-31T21:41:57","slug":"how-long-does-it-take-to-mine-1-bitcoin","status":"publish","type":"post","link":"https:\/\/hashrate.farm\/2022\/12\/how-long-does-it-take-to-mine-1-bitcoin\/","title":{"rendered":"How long does it take to mine 1 bitcoin ?"},"content":{"rendered":"\n<p>The time it takes to mine 1 Bitcoin depends on The hashrate (speed of your mining hardware).<\/p>\n\n\n\n<p>The most performance machine these days is <a href=\"https:\/\/hashrate.farm\/product\/bitcoin-miner-s19-pro-100th\/\"><strong>Antminer S19 100TH<\/strong><\/a> Or any other brand with 100TH hashing rates.<\/p>\n\n\n\n<p>To calculate right, you have to focus only on hashrate, don&#8217;t consider any other factors like electricity rate or bitcoin price.<\/p>\n\n\n\n<p>100TH hashrate produces 0.00035 of bitcoin daily. So we can calculate 360 days of reward = 360 x 0.00035 = 0.126 BTC per year. and if we consider only a 5% increase in difficulty per year ( This is the average difficulty rate ) we will get about 0.125 BTC yearly. Yes, it&#8217;s about 7 years to mine 1 BTC using Only 1 Machine 100TH speed. Now you can calculate How 8 miners can do in Only 1 year.<\/p>\n\n\n\n<p><strong>How long does it take to mine 1 bitcoin ?<\/strong> <\/p>\n\n\n\n<p>After this calculation, The answer is 1 Year using 8 Miners.<\/p>\n\n\n\n<p><strong>Let&#8217;s talk about business and profits.<\/strong><\/p>\n\n\n\n<p>One machine 100TH cost now about 1500$, 8 Machines cost 12,000$ + 14000$( <a href=\"https:\/\/hashrate.farm\/crypto-miner-hosting\/\">Hosting fees<\/a> or Electricity fees) = 26,000$ <\/p>\n\n\n\n<p>So, You Invest 26,000$ and you will get 1 BTC at end of year.<\/p>\n\n\n\n<p><strong>The question is &#8221; How long will an Antminer S19 last? &#8220;<\/strong><\/p>\n\n\n\n<p>It&#8217;s run 24\/7 for 3 years.<\/p>\n\n\n\n<p>You have to sell your mining reward only in the bull market when BTC price reaches again 50-70k$ .<\/p>\n\n\n\n<p><strong>Happy Mining For All.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The time it takes to mine 1 Bitcoin depends on The hashrate (speed of your mining hardware). The most performance machine these days is Antminer S19<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":5761,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[232,166,158,233,220,168],"acf":[],"_links":{"self":[{"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/posts\/5826"}],"collection":[{"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/comments?post=5826"}],"version-history":[{"count":0,"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/posts\/5826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/media\/5761"}],"wp:attachment":[{"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/media?parent=5826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/categories?post=5826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hashrate.farm\/wp-json\/wp\/v2\/tags?post=5826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}