Replies to post #55053 on XTRA Bitcoin Inc (CBTC)

[surfkast]

That is a pretty poor example and basically not true!

How Long Does it Take to Mine 1 Bitcoin? | BTC Mining Guide [2022]

According to minerstat, this mining setup would have earned us about 0.00177151 BTC within a 24-hour period. Meaning it would take us about 564.5 days (1 BTC/0.00177151 BTC) to mine 1 Bitcoin. That is roughly 18 months. In this calculation we have ignored the cost of the mining hardware, however, if you include it in the calculation, it might double the duration it takes to mine a single Bitcoin.

https://finbold.com/guide/bitcoin-mining-guide/