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how long does mining equipment last

Feb 22 2019 · When it comes to Bitcoin BTC mining the major questions on people’s minds are “how profitable is Bitcoin mining” and “how long would it take to mine one Bitcoin” To answer these questions we need to take an indepth look at the current state of the Bitcoin mining industry and how it has changed over the last several years

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What is Longwall Mining with pictures
What is Longwall Mining with pictures

Oct 04 2019 · The entire process is mechanized Longwall mining machines are about 800 feet 240 meters in width and 5 to 10 feet 15 to 3 meters tall The miners extract panels rectangular blocks of coal as wide as the mining machinery and as long as 12000 feet 3650 meters

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How Long Does It Take To Mine a Bitcoin  Captain Altcoin
How Long Does It Take To Mine a Bitcoin Captain Altcoin

Nov 27 2019 · Right off the bat – you can’t mine a bitcoin You can mine a block of bitcoins Update June 7th 2018 The Bitcoin hashrate jumped nearly 5 exahash in the last 2 weeks alone To put that gain in perspective it took 85 years for the entire network hashrate to reach 5 EH for the first time

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How long do mine dump trucks last before being rebuilt or
How long do mine dump trucks last before being rebuilt or

Some larger mines have own service facilities to do all repairs and upgrades Some are based on the manufactures’ time for component failure They say replace a transmission after 7000 hours

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mining profitability  How long does it usually take to
mining profitability How long does it usually take to

So lets say you do mine an entire block thats now worth 25 bitcoins over 98 years That works out to be 000000485032112 bitcoins per minute or approximately 00000485032112 bitcoins per block In short as Murch points out its probably not worth it to mine using that hardware

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How long would it take to mine 1 ethereum on a standard
How long would it take to mine 1 ethereum on a standard

Apr 26 2017 · I just picked up a Dell 8910 with GTX 1070 so I decided to try this out I started mining March 26th and my balance went over 10 Eth at some point last night so pretty close to a full month I had a downtime during the month while I was away fo

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For those thinking of getting into Ether mining read this
For those thinking of getting into Ether mining read this

Mining will not always be profitable and it is unknown how long this will last Rapidly declining mining profits is something that HAS happened with every other crypto since the beginning and it will happen to Ether at some point Dont put in what you cant afford to lose

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7 Reasons Bitcoin Mining is NOT Profitable or Worth It 2019
7 Reasons Bitcoin Mining is NOT Profitable or Worth It 2019

Jan 29 2019 · 7 reasons Bitcoin mining is likely not worth your time in 2019 Buy Bitcoin Worldwide › Is Bitcoin Mining Profitable or Worth it in 2019 Is Bitcoin Mining Profitable or Worth it in 2019 The easy money was scooped out a long time ago and what remains is buried under the cryptographic equivalent of tons of hard rock

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Answering Minings Big Questions
Answering Minings Big Questions

Answering Minings Big Questions Jonathan Price is the second major exit announced this week and is part of BHP’s strategy to shift certain responsibilities away from the executive team

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Mining Cryptocurrency Everything You Need To Know
Mining Cryptocurrency Everything You Need To Know

Given that blocks are mined every 10 minutes or so about 144 blocks are mined per day which is 52560 blocks per year This means that it takes about 4 years 210000 blocks 52560 blocks per year 4 years for the block reward to halve 35

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Does MSHA Training Expire You might be surprised
Does MSHA Training Expire You might be surprised

Part 48 MSHA Training You will need to retake 40 hours of “new miner” training from a blue card certified trainer if you do not have the 12 months of mining experience Some States have additional training requirements for miners Contact the appropriate agency in

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What is gold mining in Alaska like How long is the
What is gold mining in Alaska like How long is the

The length of the season depends on how far north you go Klondike usually refers to the Yukon Territory I’d guess up there your looking at MayAugust depending on snow fall I mine farther south than that and we manged to work AprilSeptember l

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Ethereum GPU Mining Is Back But For How Long  Hackaday
Ethereum GPU Mining Is Back But For How Long Hackaday

Sep 01 2017 · And there are effects in new equipment market 66 thoughts on “ Ethereum GPU Mining Is Back But For How Long As far as the cost and environmental impact of mining – do

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ASIC equipment life span  Dash Forum
ASIC equipment life span Dash Forum

Jul 19 2017 · Hello crypto people I am just starting with mining and was wondering what is the average lifespan of ASIC mining equipment For example iBeLink released 108GHs equipment what would be its average life span based on its previous ASIC miners released

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What is Bitcoin Mining and is it Still Profitable in 2020
What is Bitcoin Mining and is it Still Profitable in 2020

Mining difficulty is set so that on average a new block will be added every ten minutes ie the number will be guessed every ten minutes on average Now remember this is on average We can have two blocks being added minute after minute and then wait an hour for the next block In the long run this will even out to ten minutes on average

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New to Mining Here are the Most Common Types of Mining
New to Mining Here are the Most Common Types of Mining

Dec 21 2015 · The most common types of mining equipment vary depending whether the work is being carried out above or below ground or mining for gold metals coal or crude oil From drilling machines to excavators crushing and grinding equipment – the mining industry comes

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7 Reasons Bitcoin Mining is NOT Profitable or Worth It 2019
7 Reasons Bitcoin Mining is NOT Profitable or Worth It 2019

Jan 29 2019 · Last updated June 30 2018 The early days of Bitcoin mining are often described as a gold rush Satoshi Nakomoto’s invention of Bitcoin “a peertopeer electronic cash system” opened up an entirely new frontier not just of freedom but of occasionally outrageous profits

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Gold Mining Claims For Sale  FAQs  Frequently Asked
Gold Mining Claims For Sale FAQs Frequently Asked

With todays price of gold in most cases our gold mining claims will pay for themselves over and over again for decades to come A past customer recovered approximately onehalf of his purchase price in less than two weeks of dredging on his mining claim and he

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Everything you need to know about Bitcoin mining
Everything you need to know about Bitcoin mining

Everything you need to know about Bitcoin mining Become the best Bitcoin miner and learn how to mine Bitcoins with the best Bitcoin mining hardware software pools and cloud mining Start News Pool Cloud Software Hardware

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Longwall mining  Wikipedia
Longwall mining Wikipedia

Longwall mining is a form of underground coal mining where a long wall of coal is mined in a single slice typically 06–10 m 2 ft 0 in–3 ft 3 in thick The longwall panel the block of coal that is being mined is typically 3–4 km 19–25 mi long and 250–400 m 820–1310 ft wide

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Best PSU for Mining Feb 2019  Buyer’s Guide and Reviews
Best PSU for Mining Feb 2019 Buyer’s Guide and Reviews

Specifically a mining rig is unlikely to be placed under the same type of strain as say a highend gaming rig but the mining rig will be expected to perform at a lower

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Mining Hardware lifespan is less than a year  Bitcoin
Mining Hardware lifespan is less than a year Bitcoin

Mining really can be a zero sum game The profitability factor though is the potential of increase in Bitcoin value If you start mining now and begin start to mine less and less you may only come out even Hold those coins long enough and you may be able to make a profit if

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How Ethereum Mining Works  CoinDesk
How Ethereum Mining Works CoinDesk

Today miners play an important role in making sure ethereum works This role isn’t immediately obvious though Many new users think that the sole purpose of mining is to generate ethers in a

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