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Re: vegasvic post# 7832

Friday, 04/18/2014 9:34:58 AM

Friday, April 18, 2014 9:34:58 AM

Post# of 57991
Here is how Bitcoin Mining is profitable....

The number of bitcoins that someone can mine is based on the Hash rate that they are mining. Simply put, The higher the hash rate you run means the faster you mine bitcoin. MELY is buying enough computer server power to mine at a hash rate of 100 TH/s (as they reported on April 16th)

How to calculate what 100TH/S means in bitcoin...
To Make is simple, here is a link to a calculator you can use.

www.alloscomp.com/bitcoin/calculator


100TH/S will mine over 200 Bitcoin a month. Which at $500 per bitcoin is over $100,000 a month in revenue.

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