Which are the price related to a bitcoin exploration operation?

Mining equipment, heating systems, power, and a hell of a great deal of tinkering and time to keep things operating smoothly. The bigger the performance, the more significant it's to automate everything necessary to keep things running. 

I have done all the work , therefore ignoring labour, my prices so much are 70% gear and 30% power. The free legit bitcoin mining protocol corrects mining difficulty in order that no matter how much mining is occurring, fresh bitcoin cubes are mined at an average rate of one every ten minutes. 

This makes mining a brutally aggressive action. For me personally, it's been an awesomely instructional hobby, but not something that I expect to become financially rewarding. I have not had the time to maintain replacing the gear, and firms have attracted far more energy efficient gear to market since the international bitcoin hash speed has increased to over 800 PH/s (800 quadrillion hashes per minute!) . 

Consequently, if you would like to mine like a pastime, I highly suggest it as a fun means of creating a profound understanding of how bitcoin functions. If you would like to mine as a company, you have to find somewhere where power is reliable and inexpensive, online connectivity is dependable and low-latency, along with your gear can be stored cool and secure at a minimal price. 

So you see enormous mining operations around hydroelectric dams (low price power ), in areas where it's chilly (economical cooling), and a massive sum of mining in China, that includes both low cost power and is where lots of the legit mining equipment is fabricated. Some images of my own garage mine under in the event that you're curious.

The difficulty of Bitcoin increases every so often so whatever mining hardware you have now will slowly but surely become inefficient in the future. You will continue to mine Bitcoin but at a reduced rate which in return affects your profit. In order to continue making profit, you will have to constantly upgrade your mining hardware. All this and I haven’t even gotten into the highly violate market for Bitcoin either (another factor of profit or loss).

If you plan on buying ASIC or GPU’s to mine, it’s advisable that you don’t unless you have hundreds of thousands of dollars to ‘invest’. Keep in mind that not only will you have to pay for the hardware cost but as well as any and all overheads, one of them being electrical cost which can rack up a huge monthly bill depending on your rates.

In a nutshell, the average Joe/Jane trying to mine Bitcoins will not make a profit. Mining with GPUs and/or ASIC (even if you have a few of them) is not as profitable as it once were. Only those rich enough to start an industrial scale mining farm will ever see profit.