Is it possible to get 1 Bitcoin a week from mining with free electricity?

[koko]

What kind of hardware can one use to make 1 Bitcoin a week?  It should not be scary big like the Chinese mining in a warehouse kind of thing.  It should be something simple and quick to set up. It should also be affordable and not expensive for a miner who is just starting up.

[skywallkee]

2 minutes ago, koko said:

What kind of hardware can one use to make 1 Bitcoin a week?  It should not be scary big like the Chinese mining in a warehouse kind of thing.  It should be something simple and quick to set up. It should also be affordable and not expensive for a miner who is just starting up.

If you want something cheap and simple just get it out of your mind. To make 1 BTC in a week you need a rig that has a 907 TH/s hash rate. Currently, there's no build that can mine so much in a week. Online the biggest hash rate I've seen was around ~20 TH/s

[barbaris]

Buy 100 ASIC and bitcoin per week easily. If you have free electricity, it's great, I would mining bitcoins year-round.

[Upsilon]

Always remember there are no shortcuts in life that are so easy. Just think about it seriously. If you could make 1 Bitcoin a week with low investment, low space, simple setup and everything you mentioned imagine how many million bitcoins would a scary chinese warehouse be mining where the people have invested in millions of dollars?  An Antminer S9 would pump out 14 TH/s which would take it like two months to give a single bitcoin.

[ivanaudris]

I think it's no longer possible to get 1 bitcoin from mining in just a week. You can't depend on free electricity alone. Even with a specific hardware and graphic card, I think it's not possible anymore. Mining was easy back then, but now I don't think it's worth it anymore.

[Upsilon]

9 minutes ago, ivanaudris said:

I think it's no longer possible to get 1 bitcoin from mining in just a week. You can't depend on free electricity alone. Even with a specific hardware and graphic card, I think it's not possible anymore. Mining was easy back then, but now I don't think it's worth it anymore.

I'd argue it's still worth mining Alts since there are quite a few profitable alts like Monero and ETH. PoS coins can be used too but you'll need a HUGE investment for it to be worth it. But that's risky af

[ktfor57]

mining bitcoins is use of huge super computers which involves big investments. Tried a few free bitcoin mining sites without investment and small investments but  lost patience waiting for months to reach minimum payout. 

[barbaris]

Well, without investments it is impossible to earn a lot. If you want to have income in the form of a crypto currency, then you must invest and constantly take risks. Otherwise it will not work.

[suresh]

On 12/19/2017 at 9:06 PM, ktfor57 said:

mining bitcoins is use of huge super computers which involves big investments. Tried a few free bitcoin mining sites without investment and small investments but  lost patience waiting for months to reach minimum payout. 

Hmm, I was trying to mine Bitcoin from coinpot, but it nothing happened. For the OP if you want to mine 1 BTC per week, then you have to invest lot of money, I suggest you to calculate how much one PC or miner can make per day so this can clearly tells how to get 1 BTC poer week.

[futurwavsurf]

Hey everyone! I'd like to make $70-$90k a month with a tiny investment as well lol. The chance to spend almost nothing and profit like this with bitcoin is mostly long gone. People who had the foresight to mine in the early days didn't have a guaranteed huge ROI in mind. In fact, most of them appreciated the conceptual framework of bitcoin's contribution to society in the future rather than the profit. There was a risk mindset it may eventually became completely valueless, which didn't attract greed as much as it did believers.