Is mining still profitable? (Opinion)

Recently I bought an Antminer S9 and placed it to run in a mining farm with cheap electricity yesterday. Today I can give you the rates of the last 24 hours and I will update this in January when 16th when I will place my net profit.

In the last 24 hours my miner worked at minimum once 10.5 TH/s and it capped three times at 15.5 TH/s. The miner produced 0.00214329 BTC which at the writing time the price is 41.27$. Now if we make the math we can see the approximate gains: If we multiply 40$ by 30 days we get 1,200$ per month. Let’s say that I will pay 200$ electricity so I should have a net profit of 1000$ if the Bitcoin price does not change. My opinion is that the price will raise even further and this will be very soon so I expect higher incomes. I will use the income I get and the money I currently have to buy another miner and then another one. I want to reach 10 S9 miners and 10 L3+ miners for Ethereum.

If Bitcoin price drops, I will just hold the produced BTC until it raises back to minimum 20,000$. If any one of the readers want proof of work please let me know via comments or email. Please also let me know, are you interested in starting a mining farm? If Bitcoin dies (not likely at all right now but still possible) I can move the S9 to mine some other cryptocurrency with SHA-256 encryption. Also I can sell the miner at any time because the demand is very high, at least in the country where I am currently.

As always, I wish you a happy and productive day,



You think 2017 was year of Bitcoin? Think again

Everyone is saying how 2017 was year of Bitcoin having the biggest growth ever. I say think again, check the below table and think again because this is only the beginning:

Date Bitcoin Price Year-Over-Year Change
March 17, 2010 $0.003 N/A
December 31, 2010 $0.29 9,567%
December 31, 2011 $4.38 1,410%
December 31, 2012 $13.41 206%
December 31, 2013 $817.12 5,993%
December 31, 2014 $302.00 -63%
December 31, 2015 $429.78 42%
December 31, 2016 $958.24 123%
December 12, 2017 $16,699.68 1,643%

Does really 1,643% this year compare to 9,567% in 2010? How about 5,993% in 2013? I know that the year is not done but Bitcoin started to stabilize meaning is not as volatile as before. In all these years Bitcoin was on minus only only in 2014 because of the Mt. Gox fiasco. What growth do you think Bitcoin will have in 2018? In my opinion 2018 has the chance to overthrow the biggest growth until now of 9,567%.

As always, I wish you a happy and productive day,

Pizza which changed the world

Today I am going to talk about the pizza which changed the world.

Since it’s beginning, Bitcoin got mined by some early adopters. Those adopters were mining for nothing because Bitcoin had a value of 0 until someone did it. He managed to buy pizza with 10,000 Bitcoin. This is when Bitcoin value started and thus that pizza started the cryptomania thus changing the world and making lots of millionaires until today and probably in the future.

What do you think? Would Bitcoin be where it is right now if that pizza sale wouldn’t have happened?

As always, I wish you a happy and productive day,


Commitment to post

Here I commit to post something once a week for the next 6 months. After that I will decide if i increase the rate, decrease or stop. I won’t stop, ever. Really.

See you in the next chapter. In the meantime check out a great comparison between Amazon, Bitcoin, Facebook and Google in terms of searches on Google. You will see an awesome difference. Now keep in mind that Google beats the winner because well known reasons 🙂,amazon,google,facebook

I wish you a very productive day,