How To Calculate Bitcoin Mining Profitability - Innosilicon T3 57TH BTC Miner Profitability
This is how to calculate bitcoin mining profitability. In this video we calculate the Innosilicon T3 57TH BTC miner profitability. Start mining bitcoins in our btc mining farm and earn a passive income: https://warriormining.com
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What is warrior mining ?
Warrior mining is a Co-Located Bitcoin Mining Farm in association with Elevate Group, where you own your miners and we maintain them.
We have created a mining platform for mining enthusiasts who want to build a portfolio of miners but do not have the ability to do so on their own. Since “at home” mining is no longer feasible, we allow investors the opportunity to leverage our infrastructure and low power costs to achieve commercial grade bitcoin mining.
We have essentially made professional bitcoin mining available to passive income investors who do not have the resources or expertise to mine bitcoin on a commercial scale. Without our facility (and low power cost), engineers, and access to manufacturers, an individual who wants to mine bitcoin would find it very difficult to do so profitably. When you work with us, you own your miners and we manage them for you. There is no termination period to your investment, we mine bitcoin for the life of the miner, which can last 3 years or more- whereas most cloud mining contracts only last 18 months. Moreover, our income is derived from our flat management fee- which is 20% of profits. This provides the investor with transparency and also aligns our interests with yours- we want you to be as profitable as possible as our income is based on yours. Welcome to Warrior Mining
What is the power cost for mining bitcoin?
The cost of mining in Siberia on a commercial level is only 5.5C KwH. The national average in the United states is 14c KwH
What are the fees ?
Our management fee is a flat 20% fee, which is paid after we deduct the cost of electricity. The only other fee is a 1% fee which covers the cost of our dashboard wallet and maintenance. There are no other fees we charge.
What happens when my miner goes defective?
You only pay for the parts that need replacing. The rest is covered in the maintenance fee.
How much can I make mining bitcoin?
Bitcoin mining is a high risk investment. There are factors that can drastically effect returns, such as mining difficulty and bitcoin price. There are mining calculators online that you can use to calculate your profits, but there are so many factors that you have to take into account so they are not always accurate. You have to look at bitcoin mining as a long term strategy. The higher the price you sell your mined bitcoins, the more profitable your bitcoin mining income will be.
Is bitcoin mining still profitable?
Bitcoin mining is still profitable, otherwise no one would mine bitcoin. However bitcoin mining is very volatile and the profit you make partially depends on your selling strategy. As Warren Buffet says: sell high.
How can I buy a bitcoin miner?
Once you click on the “Start Mining” button at the top on https://www.warriormining.com you can open an account and choose how many miners you want. From there, you will be directed to e-sign the equipment management agreement, after which you will arrive at the payment gateway, make your bitcoin payment, and you are done. You will receive confirmation emails for your order, and within 48 hours you will receive your dashboard login details.
Who is warrior mining for?
Our target market is professional miners who want to grow a portfolio of miners, but do not have access to the same conditions we offer. We also enable smaller investors to purchase even 1 miner, to help them get started. Our goal is provide a professional platform for all level of investors.
⚠️ DISCLAIMER ⚠️: The information in this video is an opinion and is for informational purposes only. It is not intended to be investment advice, nor does it represent any entity's opinion but my own. Seek a duly licensed professional for investment advice. I am not guaranteeing you gains on your investment and the content I produce is my own personal approach, opinion and strategy in this highly speculative market. Bitcoin mining is a high risk investment. There are factors that can drastically effect returns, such as mining difficulty and bitcoin price. Do not invest if you are not comfortable with high risk investments. Past results don't guarantee future results.
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