Bitcoin Mining Duration and Factors
- Bitcoin Block Mining Time: 10 minutes
- Factors Affecting Mining Duration: Hardware, Competition, Computational Power
It takes 10 minutes to mine a Bitcoin block. Hardware, competition, and computational power are the primary factors determining the duration.
Ethereum Mining Time and Bitcoin Home Mining
- Mining 1 Ethereum: About 7.5 days at 500MH/s hash rate
- Bitcoin Home Mining: 1 Bitcoin takes 10 minutes to 30 days with 5-10 ASIC miners
At 500MH/s hash rate, mining 1 Ethereum takes about 7.5 days. With 5-10 ASIC miners, it takes 10 minutes to 30 days to mine 1 Bitcoin at home.
Feasibility of Mining 1 Bitcoin Daily
- Is it Feasible?: No, not feasible without a large-scale mining operation
It is not feasible for an average person to mine 1 Bitcoin a day without a large-scale mining operation.