A single Bitcoin miner's daily earnings vary wildly, from fractions of a cent to potentially hundreds of dollars, depending on their hardware power (hash rate), electricity costs, Bitcoin price, and network difficulty, with professional ASIC miners earning more but requiring significant investment, while typical hobbyist setups yield very little. You can use online calculators by inputting your miner's specs (like Terahashes/second - TH/s) and electricity rate to find your specific daily profit.
Investing $1,000 in Bitcoin five years ago (around late August 2020) would have yielded significant returns, turning your investment into roughly $9,000 to over $10,000, potentially even higher depending on the exact date, due to Bitcoin's substantial growth, despite periods of sharp volatility like the late 2022 downturn.
How to earn $100 a day mining
Mining Revenue
In February 2022, one Bitcoin mining machine (commonly known as an ASIC), like the Whatsminer M20S, generates around $12 in Bitcoin revenue every day depending on the price of bitcoin.
On May 22, 2010, known now as "Bitcoin Pizza Day." Laszlo Hanyecz, a programmer from Florida, made history by using Bitcoin to purchase two pizzas from Papa John's. Hanyecz paid 10,000 Bitcoins for the pizzas, an amount that was worth about $41 at the time.
If you invested $1,000 in Bitcoin in 2010, your holdings could be worth around $1.76 billion today, based on a conservative estimate of 20,000 BTC and the current price of $87,948.37.
Bitcoin mining can be profitable — but it depends on a few key factors. First, let's start with the potential upside. When you successfully mine a block, you receive a block reward — currently 3.125 BTC — plus transaction fees. At today's prices, that's worth a significant amount of money.
The last Bitcoin is expected to be mined in the year 2140. There will be a fundamental transition in the incentive structure for mining bitcoin. If the Bitcoin Network continues to be supported by Bitcoin miners validating transactions, miners will continue to earn transaction fees.
Yes. Anyone can mine Bitcoin. However, as the difficulty of mining Bitcoin is high due to competition, you'll need dedicated equipment, including a high-performance mining rig. These cost several thousand dollars, and this cost is often a barrier to entry for those interested in mining Bitcoin.
Key Points. Michael Saylor's base case puts Bitcoin at $13 million per coin by 2045, which would turn a $100 investment today into $15,115 in 20 years. Even Saylor's most conservative (or least preposterous) $3 million target would deliver a 3,388% return, beating the S&P 500's historical averages by a healthy margin.
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If you had purchased $20 in Bitcoin in 2009, you would have bought around 20,000 Bitcoins. Based on today's value, those 20,000 Bitcoin would be valued at nearly $2 Billion.
If you're holding crypto, there's no immediate gain or loss, so the crypto is not taxed. Tax is only incurred when you sell the asset, and you subsequently receive either cash or units of another cryptocurrency: At this point, you have “realized” the gains, and you have a taxable event.
British bank Standard Chartered projects that Bitcoin's price will reach $500,000 in 2030. Multiple prominent figures, including Coinbase CEO Brian Armstrong and Block CEO Jack Dorsey, have expressed their belief that it could reach $1 million or more.
Taking a buy-and-hold position in Bitcoin five years ago would have delivered massive returns for investors. As of this writing, Bitcoin is up 962.3% over the period. That means that a $1,000 investment in the token made half a decade ago would now be worth more than $10,620.
One person mining 0.000065 BTC (four RTX 4090s on Oct. 6, 2024, using NiceHash) per day would take more than 42 years (about 15,384 days) to earn 1 BTC, all else, such as block rewards, hash rates, and pool payouts, remaining the same.
A focus on transaction fees: Since the miners will no longer receive block rewards for mining new bitcoins, their primary source of income will shift to transaction fees. These fees are paid by users to have their transactions included in the next block and are determined by market forces, such as supply and demand.
Cloud Mining with Free Plans – Some cloud mining services offer limited free mining power. Users can earn Bitcoin without owning physical mining rigs. Mining Games or Apps – Certain apps simulate mining and reward users with Bitcoin or Bitcoin-based tokens for completing in-app tasks or challenges.
Remember the guy who made the first real-world bitcoin transaction in 2010? He paid 10,000 bitcoins for two pizzas. The coins were worth about $40 then, and more than $1.24 billion when Bitcoin's price went over $124,000 for the first time in August 2025.
How to invest $1,000 right now — wherever you are on your financial journey
2011 – 2012: $1 to $13.50
In 2011, the Electronic Frontier Foundation (EFF) accepted BTC for donations for a few months, but quickly backtracked due to a lack of a legal framework for virtual currencies. In February of 2011, BTC reached $1.00 for the first time, achieving parity with the U.S. dollar.