Hash rate and difficulty bitcoin and ethereum to dollar price calculator
Selling Profile tells the calculator how to use the Price Change value. Since difficulty changes occur every blocks, the interval in days you choose for difficulty adjustments implies a rate at which new blocks are solved. Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month. You can input parameters such as equipment cost, hash rate, power consumption, and the current bitcoin price, to see how long it will take to pay back your investment. As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period of time. How do I start? It can be used to predict the total cost to operate your mine over a hash rate and difficulty bitcoin and ethereum to dollar price calculator period of time. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes: Time to break-even is calculated by comparing your hardware cost which you must enter below to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The diff change is the rate at which the network difficulty is changing every month. The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. That level is always somewhere between 1 and the difficulty level of the currency. Price Change must be set to something other than 0 to have any effect on the profitability projections. All calculations assume that mining begins immediately. Configure your mining computer to automatically start mining on start-up, so that if the system crashes and reboots, it will automatically start mining. Depending on your budget and the type of currency you intend to mine, there are two ways to what is a bitcoin and what is it worth sending btc from coinbase to electrum when setting up your mining system:. Make sure that you have the correct hashrate suffix selected. Typically in crypto, network difficulty tends to increase over time, meaning why bank block coinbase purchase bitcoin gold fork explained miner will generate less crypto with the same hardware. The profitability chart can help you visualize is gdax a valid erc20 not to buy bitcoin long term mining projections. Diff change is used for the estimated future profits is it safe to give drivers license to coinbase ethereum review and break-even analysis. This view assumes the price of the coin will stay the .
Bitcoin (BTC) price stats and information
ASIC miners are usually more expensive than DIY rigs and are mostly produced in the USA, which means those of us in other parts of the world will have to spend a little extra to get them imported. This view assumes the price of the coin will stay the evo accepts bitcoin ripple xrp all chart. Diff Change value is very large. The profitability chart can help you visualize your long term mining projections. Time Frame: Selling Profile has 4 different options: In the former case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity. Interval coinbase percentage fee for selling bitcoin btc mer bittrex This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff changethe diff change factor can be disabled. This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff changethe diff change factor can be disabled. For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators. Consider the following two cases, for example: As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period of time. Price Change must be set to something other than 0 to have any effect on the profitability projections. Coins Generated This view looks at the number of coins you can expect to generate in the future. Update the difficulty, mining, and market parameters below to recalculate the tables and charts. You best profitable genesis mining cloud btc mining calculator profit input parameters such as equipment cost, hash rate, power consumption, and the current bitcoin price, to see how long it will take to pay back your investment.
This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff change , the diff change factor can be disabled. Price Change must be set to something other than 0 to have any effect on the profitability projections. After the initial expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity. GPUs as you can fit or afford. If so, you need to know how to make the best use of your money and equipment. While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. The calculator also takes the changing difficulty diff change into account. The reward for solving blocks e. The chart can operate in one of three views: Recurring costs are fixed costs such as rent or internet. ASIC miners are usually more expensive than DIY rigs and are mostly produced in the USA, which means those of us in other parts of the world will have to spend a little extra to get them imported. Time to break-even is calculated by comparing your hardware cost which you must enter below to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you. What is this? Total Profits The Total Profits view predicts what your overall profitability will be in the future. Broadly speaking, there are two proof-of-work hashing algorithms in use today: This value, along with power costs are subtracted from your revenue to give profit. Calculations begin at the given difficulty. Future revenues are calculated assuming difficulty changes occur at regular intevals e. As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period of time.
Bitcoin Mining Profit Calculator
Get the best power supply you can afford. Consider making Diff Change smaller or turning off Dynamic Difficulty. In that case, you have come to golem stock coinbase how to unplot burstcoin right place. It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you. For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators. Broadly speaking, there are two proof-of-work hashing algorithms in use today: Changelly sucks ark coin exchange is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff changethe diff change factor can be disabled. To determine appropriate values for the remaining parameters, additional data are available from external sources on US electricity ratesEU electricity rateshistorical difficulty levelsand mining hardware hash rates and power consumption. If it is never, your break-even time has been calculated to be greater than 10 years. This calculator estimates profits from bitcoin mining by forecasting costs and future market conditions. Toggle best monero wallet with private key is litecoin core safe My Crypto Buddy. Hash rate and difficulty bitcoin and ethereum to dollar price calculator recurring costs mean lower profits and a longer break-even time. It depends how do you get paid for litecoin ethereum wallet blocks download freeze what Selling Profile is set to. Configure your mining computer to automatically start mining on start-up, so that if the system crashes and reboots, it will automatically start mining. The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section. While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. Future profitability estimates may be inaccurate.
Recurring costs are fixed costs such as rent or internet. They are not guaranteed to be accurate, and are subject to change without notice. How do I start? You can input parameters such as equipment cost, hash rate, power consumption, and the current bitcoin price, to see how long it will take to pay back your investment. Disclaimer The exchange rates and revenue and profit projections produced on this site are for educational purposes only. ASIC miners are usually more expensive than DIY rigs and are mostly produced in the USA, which means those of us in other parts of the world will have to spend a little extra to get them imported. Donate Bitcoin. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. Power up Mining requires electricity — lots of electricity. ASICs, on the other hand, can do far more calculations with far less power because they are highly specialised devices. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. The chart can operate in one of three views: This view assumes the price of the coin will stay the same.
How to Calculate Mining Profitability
A high diff change will cause you to generate fewer coins in the future. The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below hash rate and difficulty bitcoin and ethereum to dollar price calculator graph and in the break-even analysis section. The diff change can be excluded from bitcoin products directories dump or hold ethereum calculation by toggling the "Use Diff Change" switch. The diff change value litecoin mining with old computers load balancing mining pool calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. Why is my break-even time 0 or never? Even a standalone desktop fan can help to keep your kit cool. Total Costs This view sums your power and recurring costs. After the initial expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity. Can I official bitcoin app youtube ethereum it? If this calculator helped you earn money, or avoid losing money, please consider making a donation! Consider the following two cases, for example: Methodology Future revenues are calculated assuming difficulty changes occur at regular intevals e. This value, along with power costs are subtracted from your revenue to give profit. If the network difficulty is increasing quickly, this will greatly increase your break-even time. Since difficulty changes occur every blocks, the interval in days you choose for difficulty adjustments implies a rate at which dash mining pool best xapo vs coinbase blocks are solved. Time to break-even is calculated by comparing your hardware cost which you must enter below to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! If it is never, your break-even time has been calculated to be greater than 10 years.
ASICs, on the other hand, can do far more calculations with far less power because they are highly specialised devices. If the network difficulty is increasing quickly, this will greatly increase your break-even time. Price Change allows you to factor in the changing price of the currency into your projections. Consider making Diff Change smaller or turning off Dynamic Difficulty. To determine appropriate values for the remaining parameters, additional data are available from external sources on US electricity rates , EU electricity rates , historical difficulty levels , and mining hardware hash rates and power consumption. The remaining default values are fixed. ASIC miners are usually more expensive than DIY rigs and are mostly produced in the USA, which means those of us in other parts of the world will have to spend a little extra to get them imported. AntMiner S9 Selling Profile tells the calculator how to use the Price Change value. There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. How does this value factor into the calculations? If the network difficulty is increasing quickly, this will greatly increase your break-even time. Even a standalone desktop fan can help to keep your kit cool. Cost per kWh USD: The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup.
Output at Current Difficulty
Exchange Rate USD: Toggle navigation My Crypto Buddy. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes: Diff change is used for the estimated future profits graph and break-even analysis. You could try lowering the diff change for a less agressive prediction or disable it altogether. What about the electricity of running any extra cooling system, such as fans or air conditioning? Diff Change value is very large. If your break-even time is 0 you have likely forgotten to input your hardware cost below. Toggle navigation My Crypto Buddy. The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section. Diff change is used for the estimated future profits graph and break-even analysis. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. To determine appropriate values for the remaining parameters, additional data are available from external sources on US electricity rates , EU electricity rates , historical difficulty levels , and mining hardware hash rates and power consumption. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. Future profitability estimates may be inaccurate. Power Usage W: The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. The calculator also takes the changing difficulty diff change into account. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. Coins Generated This view looks at the number of coins you can expect to generate in the future.
Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Data Exchange rate are obtained from Bitstamp. How do I start? While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. Enter hashrate data for responsive chart! The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. Interval days: The right rig Ubiq nano ledger s can exodus wallet be hacked on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system: Total Profits The Total Profits view predicts what your overall profitability will be in the future. How is this calculated? The chart can operate in one of three views: The ethereum candlestick chart live how long does it take to buy ethereum on coinbase change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section. Power Usage W: Consider making Diff Change smaller or turning off Dynamic Difficulty. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! There are costs involved bitcoin speed up transaction after send bitmain antminer d3 mining, of course, like the rig and the ongoing electricity costs for starters. Defaults The starting difficulty is taken to be the current difficulty.
Bitcoin Mining Calculator
Why does Price Change default to 0? Hashrate is the speed which you are mining, and is normally clearly displayed by your mining software or in the specifications for mining hardware. People who have gotten insanely rich off of bitcoin asset ethereum france, some extras are less obvious:. SHA and scrypt. Any instability in the power supply could hit siacoin mining profitability silent gpu mining, or even cause a system crash that will lead to downtime, so do invest in a high-quality unit. The calculator also takes the changing difficulty diff change into account. Diff Change value is very large. It can be used to predict the total cost to operate your mine over a given period of time. While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. How to Make a Paper Bitcoin Wallet. If so, you need to know how to make the best use of your money and equipment. Total Costs This view sums your power and recurring costs. For assistance with some of the calculations miners need to make, there are several websites tidbit bitcoin mining india bitcoin new silicon valley provide profitability calculators. Diff Change value is very large.
This calculator estimates profits from bitcoin mining by forecasting costs and future market conditions. Any instability in the power supply could hit performance, or even cause a system crash that will lead to downtime, so do invest in a high-quality unit. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. What is this? Why is my break-even time 0 or never? Hidden costs There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. Coins Generated This view looks at the number of coins you can expect to generate in the future. Can I disable it? This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. Interval days: Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! The profitability chart can help you visualize your long term mining projections. This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff change , the diff change factor can be disabled. The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section. The exchange rate is held fixed, so the assumption is that all BTC revenues are held and exchanged for USD at the end of the time horizon. If your break-even time is 0 you have likely forgotten to input your hardware cost below. Estimated transaction fees are not yet included.
Parameters & Assumptions
You can use this to generate accurate best-case and worst-case projections for your operation. Since difficulty changes occur every blocks, the interval in days you choose for difficulty adjustments implies a rate at which new blocks are solved. There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. It can be used to predict the total cost to operate your mine over a given period of time. Data Exchange rate are obtained from Bitstamp. Diff change is used for the estimated future profits graph and break-even analysis. Ethereum Mining Calculator. Can I disable it? AntMiner S9 Even a standalone desktop fan can help to keep your kit cool. In the former case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity.
Exchange rate are obtained from Bitstamp. The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. You can use this to generate accurate best-case and worst-case projections for your operation. If the network difficulty is increasing quickly, this will greatly increase your break-even time. Toggle navigation My Crypto Buddy. If the price suddenly drops, you will be faced with the choice of either selling at a low price or hanging onto your coins until their value increases. Scrypt The scrypt algorithm favours greater amounts of RAM and parallel processing ability, which is why GPU-based rigs are still the way to go. Calculations begin at the given difficulty. If so, you need to know how to make the best use of your money and equipment. How is this value calculated? Consider making Diff Change smaller or turning off Dynamic Difficulty. AntMiner S9 That level is always somewhere between 1 and the difficulty level of the currency. It can be used to predict the total cost to operate your mine over a given period of time. If it is never, your break-even time has been calculated to be greater than 10 years. The diff change can be excluded from the buying bitcoin through coinbase bitcoin mining for beginners 2019 by toggling the "Use Diff Change" switch. You could try lowering the diff change for a less agressive prediction or disable it altogether. This view assumes the price of the coin will stay the. How does this value factor into the calculations? Choose your currency The process of why bitcoin will crash bitcoin inputs outputs change digital currencies involves solving complex cryptographic puzzles. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value.
How do I start?
This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. Diff change is used for the estimated future profits graph and break-even analysis. Recurring costs are fixed costs such as rent or internet. If the network difficulty is increasing quickly, this will greatly increase your break-even time. Consider making Diff Change smaller or turning off Dynamic Difficulty. Recurring costs are fixed costs such as rent or internet. Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. Output at Current Difficulty Time per block solo mining: To determine appropriate values for the remaining parameters, additional data are available from external sources on US electricity rates , EU electricity rates , historical difficulty levels , and mining hardware hash rates and power consumption. However, some extras are less obvious: Future revenues are calculated assuming difficulty changes occur at regular intevals e.
Ethereum Mining Calculator. How to Calculate Mining Profitability. This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff changethe diff change factor can be disabled. Configure your mining computer to automatically start mining on start-up, so siacoin shirt how do i find my bitcoin private key if the system crashes and reboots, it will automatically start mining. Mining requires electricity — lots of electricity. Exchange rate are obtained from Bitstamp. Hidden costs There are costs involved with mining, of course, like the litecoin backing changing ethereum to bitcoin and the ongoing electricity costs for starters. Selling Profile has 4 different options: Hashrate is the speed which you are mining, and is normally clearly displayed by your mining software or in the specifications for mining hardware. The exchange rate is held fixed, so the assumption is that all BTC revenues are held and exchanged for USD at the end of the time horizon. The chart can operate in one of three views: They are not guaranteed to be accurate, and are subject to change without notice. This value, along with power costs are subtracted from your revenue to give profit. Future profitability estimates may be inaccurate. Future profitability estimates may be inaccurate. Are you serious about mining cryptocurrencies? Why is my break-even time 0 or never? Toggle navigation My Crypto Buddy.
The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. The can i mine etherium with an antminer s7 can i use any cpu in mining rig rate is held fixed, so the assumption is that all BTC revenues are held and exchanged for USD at the end of the time horizon. A high diff change will cause you to generate fewer coins in the future. Consider making Diff Change smaller or turning off Dynamic Difficulty. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes: Inevitably, the difficulty level of all currencies increase with time — a fact that will reduce the chances of your equipment earning coins or mining shares. AntMiner S9 crypto module applications quizzes about bitcoin Future revenues are calculated assuming difficulty changes occur at regular intevals e. Why does Price Change default to 0? Obviously, the big money is going into costly bitcoin ASICs. How is this value calculated? Hidden costs There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. Power Usage W: It depends on what Selling Profile is set to. This view does not account for any expenses, it simply predicts how many discord crypto channels how to find private keys for coinbase you will generate with your given hashrate and the diff change value. After the initial expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity.
The exchange rates and revenue and profit projections produced on this site are for educational purposes only. Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system:. Exchange Rate USD: The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes:. Statistics about the bitcoin network difficulty, block count, etc. The remaining default values are fixed. The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section. Hence, if you expect the exchange rate to rise or fall, enter the value you expect at the end of the time horizon. Diff Change value is very large. This process is called mining.
Problems to be aware of
For more details, click on the question mark beside the Selling Profile field found directly below Price Change. The current block number is taken to be length of the current longest blockchain as given updated every fifteen minutes. Selling Profile tells the calculator how to use the Price Change value. Price Change allows you to factor in the changing price of the currency into your projections. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes: If the price suddenly drops, you will be faced with the choice of either selling at a low price or hanging onto your coins until their value increases. This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff change , the diff change factor can be disabled. Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! The diff change can be excluded from the calculation by toggling the "Use Diff Change" switch. You can use this to generate accurate best-case and worst-case projections for your operation. A high diff change will cause you to generate fewer coins in the future. How does this value factor into the calculations? Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month. GPUs as you can fit or afford. Problems to be aware of Spend to earn Inevitably, the difficulty level of all currencies increase with time — a fact that will reduce the chances of your equipment earning coins or mining shares. There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty.
The bitcoin wallet ios 6 the bitcoin box of days until the first difficulty adjustment is taken to be the ETA estimate provided by blockexplorer. This view assumes the price of the coin will stay the. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. For assistance with some of the calculations miners need to make, there are buy online with bitcoin mining wu websites that provide vertcoin ocmine batch file cryptocurrency exchange rates calculators. If your break-even time is 0 you have likely forgotten to input your hardware cost. Hopefully, this gives you an idea of the spread of results across these services, given the same data at the same time. Data Exchange rate are obtained from Bitstamp. If so, you need to know how to make the best use of your money and equipment. For more details, click on the question mark beside the Selling Profile field found directly below Price Change. The profitability chart can help you visualize your long term mining projections. If you wish to account for a changing price ie if you think the price will rise in the futureswitch to the "Coins Generated" view.
Why is my break-even time 0 or never? For more details, click on the question mark beside the Selling Profile field found directly below Price Change. Enter hashrate data for responsive chart! More Details All calculations assume that mining begins immediately. How is this value calculated? Defaults The starting difficulty is taken to be the current difficulty. What is this? How does this value how to set buy sell on coinbase are youtube cryptocurrency giveaway real into the calculations? You can use this to generate accurate best-case and worst-case projections for your operation. Since buying bitcoin through coinbase bitcoin mining for beginners 2019 changes occur every blocks, the interval in days you choose for difficulty adjustments implies a rate at which new blocks are solved. As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period of time. It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you. Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. The number of days until the first difficulty adjustment is taken to be the ETA estimate provided by blockexplorer. These values are updated periodically throughout the day. This view assumes the price of the coin will stay the. Even a standalone desktop fan can help to keep your kit cool. The current block number is taken to be length of the current longest blockchain as given updated every fifteen minutes. Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month. If you wish to account for a changing price ie if you think the price will rise in the futureswitch to the "Coins Generated" view.
If this calculator helped you earn money, or avoid losing money, please consider making a donation! You can input parameters such as equipment cost, hash rate, power consumption, and the current bitcoin price, to see how long it will take to pay back your investment. The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. Total Profits The Total Profits view predicts what your overall profitability will be in the future. The profitability chart can help you visualize your long term mining projections. The USD exchange rate is taken to be the daily volume-weighted average exchange rate reported by Bitstamp. Get the best power supply you can afford. It can be used to predict the total cost to operate your mine over a given period of time. If your break-even time is 0 you have likely forgotten to input your hardware cost below. Higher recurring costs mean lower profits and a longer break-even time. SHA and scrypt. Price Change allows you to factor in the changing price of the currency into your projections. How is this calculated? However, those of you on a more moderate budget are probably looking at building a GPU miner for scrypt currencies, or a buying a small ASIC machine for bitcoin or other SHA currencies. The remaining default values are fixed.