How many Ph/s is needed to mine 1 btc per day?
It would need 3 Ph/s or 3000 th/s of hashing power to mine 1 btc per day.That mean you would need 220 antminer s9's which gives an hashing power of 13.5*220, with an electricity bill of $800 per day and $240k per year.With these antminers you will be Mining around 350–380 btc per year.Hope this helps.For doubts and clarifications, feel free to contact me at anytime.Premtejagondela@gmail.com8050251593(WhatsApp)
What can I do in one month that will change my financial life forever?
The keys that I am about to give you will change your financial life forever ONLY if they are continuously applied for the rest of your life. I believe that poor financial outcomes stem from poor financial habits. Once these habits are changed you will see a dramatic change in your financial life!Understand that wealth is a state of mind much more than a physical condition.To become wealthy you must first have a wealthy state of mind. “If you always think in abundance you will eventually have wealth but if you think always in scarcity you will remain poor”-Think and Grow RichDevelop wealthy habits.One of the main ways to do this is to replace Entertainment with Education. How many hours do you spend watching television vs reading books? Or listening to music vs. educational podcast. I’m not saying anything is wrong with leisure but understand that there are only 24 hours in a day and wealthy people use them wisely.Learn how to save and investDeveloping saving habits is huge in the actual preservation of money. Remember its never about how much you make but how much you KEEP!Create a budget. You can’t save money unless you have money left to save so creating a budget and keeping expenses low is mandatory!You must learn how to invest your money in a well diversified manner with low investment cost. A great read on how to do this is Tony Robbins book - “Unshakable”Create multiple steams of incomeNEVER rely on only one source of incomeYou must find ways to create income while you’re not even thereChange your circleI am not telling you to drop all of your friends BUT you must hang around like minded individuals. It’s a fact that you are who you spend majority of your time with, so if you shift your circle to financial educated people you will see great improvements in your CharacterNever stop learning!As the saying goes “You can determine a man’s wealth by his book shelf”. This speaks volumes on how important continuous learning is so never stop seeking knowledge.Last but not least, GRATITUDEYou must be grateful in every state that you’re in. Always focus on what you do have not what you lack.Give back to others, whether through money, time, or service.If you continuously implement these 7 strategies in your everyday life I have no doubt that your financial life with change forever!For more financial advice please visit Cofield Advisors - Making financial advisory affordable and subscribe to our blog or schedule a free consultation.
Is there still a chance to become a crypto-millionaire with a small amount of money? I regret it.
Yes, there is.You can turn $1000 into $1M by doing the following:doubling your money (100%) 10 times.getting 10X and reinvesting your entire position 3 times (1K -> 10K -> 100K -> 1M)getting 5X and reinvesting your entire position 5 timesgetting 1000X returnsThere is several other ways to do this.The beautiful part about it is, there is more chances than ever. I see so many people that “wish” they bought BTC, LTC, and ETH at the beginning of the year, but fact of the matter is, there is many altcoins that have significantly outperformed them, and will continue to do so.Check out the chart below. It is an analysis I charted yesterday on my TradingView account.There is actually things that have gotten over 10,000% this year, while Bitcoin only got 1500%.The majority of these returns are from investing in things very early, also known as small capitalization (<20M market cap) and micro capitalizations (<5M market cap).I realized most of my returns came from early-market advantage in investing and I stopped most of my time day-trading and swing-trading and allocated it to scouting out smaller projects.Here are Some things I look for in low-cap cryptocurrencies:first to market ideasgreat teamsgood market penetrationunique ideagood whitepaperreal-world uselow circulating supplyoverlookedsmall market capbright roadmappositive testnet / mainnetlisted on small exchangesSome of my 2018 picks are $HUSH $SNOV $BRD $DNR $DBC $DRGN $ZRO $PHR $BNTY $LUX $MSP $RVT $SPHTXI picked these in December and I’m over 500% up in average between these pairs.I also made over 4000% in ZCL in 3 weeks, so yes, you can still be a crypto-millionaire, and it’s simpler than averI actually write about all this stuff in my companies blog, newsletter, and telegram group which you can find below:Home - The Crypto Labs
How can I possibly make up to a million dollars with $200,000 cash?
5 times return, you can safely double your money on the S&P 500 every 7 years, so going by that metric, it would take 30–35 years to get 5 times your money in the market on its own.If you can stock pick you can make the process quicker, a good stock in 7 years can multiply your wealth by 3 to 4 times in a bull market.Or you can go into a casino and put it all on black, you have 48% chance of doubling your money and 52% chance of losing it all. Do it 3 times and you will have over a million, though your odds will be (0.48 * 0.48 * 0.48) = 0.11So you have a 11% chance of getting your million and a 89% chance of losing it all at the casino.
Can I earn a profit when mining with GTX 1050TI for 6 hours daily?
GTX 1050 Ti miningI own that card and ill share my experience with mining…Most of the miners go for the GTX 1060 or the 1070 versions! since the prices is outrageous, certain prople go with 1050 Ti or RX equivalent cards.If you already have a computer that runs 24/7 and didn't need anything but a GTX 1050TI.lets do the math:The 1050 Ti doesn't need auxiliary power since it's TDP is 75 watts.The Average pricing of the card will be from $155 to $145 per card.So on stock settings if you use use Claymore, you get ~12 MH/s for a single GTX 1050TI. But if you overclock it, you can reach them into a stable clock by putting out 14-14.5 MH/sMy Overclock settings:Power limit: 80%Temp limit: 80° CCore clock: +100 MhzMemory clock: +850 MhzSo to conclude, let's go over profits.I spent $155 after taxes to get the GTX 1050 Ti.At 80% power the card draws a total of 72.9 watts.Power for me cost $ 0.11 per KWh.If my math is right that comes out to ~$6.4 a month. I make ~$25 a month with current Ethereum prices. So I am making a profit of $20 a month.But If I were you, i would go for a GTX 1060 and sell it before the card becomes really weak! Reason is you cant expect to make profit with a single GTX 1050 TI.To get to know more about latest pricing and the difference between GTX 1060 and the GTX 1050 TI. Check my video below!
What size of a cube would 1,000,000 dollars in 100 dollar bills make?
a US 100 bill has a weight of about 1 gramyou need 10000 one hundred bills to make a millionthe thickness is about 0.11 mmwidth and height is 156 × 66.3 mmso 156 x 66.3 x .11 x ( 10,000) = 11377.08 cubic millimeters10/5/2018 = there is a math correction to note. the dimensional space is11,377,080 cubic millimeters, the number above should read cubic centimeters.Please credit the error discovery and correction to the guy on the thread below me.or about 1 bowling bag if the bills are newhere is a much better calculation What does one TRILLION dollars look like? (calculations & dimensions)
What do you think about verge currency "XVG"? Is it worth it to invest in ? Why?
Update information 11/12/2017:It’s looks like the gentle-people at Verge Currency experienced a marketing snafu. This community driven project released, prematurely, that Wraith Protocol had been completed and was ready for consumption…Negative, not ready yet.Wraith Protocol is still undergoing testing, and no date of release has been given. Official Verge Currency announcement concerning the marketing-to-developer miscommunication HERE.Original Answer 10/31/2017:Just announced by the XVG team: Wraith Protocol.Meet the Core Team; Our Future Vision; and an Important AnnouncementVerge Currency, by default routs all transactions through Tor and I2P networks. This default routing of requests provides IP obfuscation to users; a default layer of safety. While not hugely important now, IP obfuscation prevents ‘hackers’ from knowing who (as in what IP addresses) is using/has a Verge wallet (or who might hold crypto-assets). This layer of security limits the ease in which bad actors can hone in attacks, and increases the time and difficulty of finding Verge users, then launching an attack.The newest layer of security comes with Wraith Protocol, allowing users to choose:Transaction via Public Blockchain.To/From addresses and amount visible.Or Transaction via Private Blockchain.To/From addresses and amount not visibleWith the new addition of Wraith Protocol and Tor/I2P routing make Verge Currency a formidable privacy currency. In addition, $XVG also boasts low transaction fees, fast transaction times, Discord Bot, Twitter Bot (Bots for sending XVG to people), and a very active development team/community.In the near future, Verge plans to introduce Atomic Swaps and Smart Contracts (work in progress, date of release TBD).Happy Hedging!This is not meant as investment advice. In fact, if you don’t do your doodoo-diligence, you have no one but yourself to blame. . .”DO YO DAMN HOMEWORK, please!” Full disclousure: I have invested in XVG.
What has a higher chance of gaining 900% this year: Bitcoin or Ethereum?
The recent Bitcoin price fluctuations have divided opinions on the future of this cryptocurrency and that is why is very difficult to make any price predictions for this year. Of course, optimists are claiming a great future for Bitcoin this year and others that believe a crash is inevitable. One thing is for sure, this year is the year of regulation and this will lead to a lot of price movements for every cryptocurrency, not only Bitcoin.Price growth is expected again this year with the news from the European governments who are pushing hard on regulation, trying to cut down all the associations with Bitcoin and money laundering. This doesn’t necessarily mean that this can have a negative impact on the price but a 900% percent rise is a little bit strong. I am not saying is impossible, the market is very volatile and anything can happen. Check the updates for Bitcoin as there’s always something new.As for Ethereum, in December we saw that the price stood at $720 which means Ethereum achieved a huge 3000 percent increase in only one year, a stunning 180 percent in December only. This can lead to Ethereum reach the $3000 mark but this is just purely a speculation. This is only possible because of the range of projects that are running on Ethereum’s blockchain and the solutions they offer. But there is no guarantee how much will Ethereum grow this year. There are a lot of factors to be taken into consideration. Both cryptocurrencies seem to have a great year ahead, we just have to wait and see what happens.