How long to mine one bitcoin

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How Long Does It Take To Mine 1 Bitcoin? (Updated 2021)

Bitcoin Exodus.com Show details

For example, based on the current hash rate it would take fourteen S19 Pros to mine 1 Bitcoin per month. Or, put differently, one S19 Pro could mine 1 Bitcoin in 14 months (not accounting for a rise in hash rate over time). This calculator is the easiest way to figure out how long it will take you to mine 1 Bitcoin.

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How Long Does It Take To Mine One Bitcoin? (2021) …

Approximately Decrypt.co Show details

The block discovery process, which takes approximately 10 minutes per block, also results in the minting of a fixed number of new Bitcoin per block. This is currently set at 6.25 BTC per block, but halves approximately every four years (210,000 blocks), reducing the number of Bitcoin minted with each newly discovered block.

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How Long Does It Take To Mine 1 Bitcoin In 2021? » Coin

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By Brett Moore. October 26th, 2021. 10 minutes is all it takes to mine one Bitcoin. No matter how many miners are mining, or even with the average power of 72,000 GW now compared to 5 years ago, it will always take 10 minutes (600 seconds) to …

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How Long And How Much It Costs To Mine One Bitcoin …

Mining E-cryptonews.com Show details

In most setups, the operations costs and manpower may cost up to $73,000 to process one bitcoin per month. The mining speed depends on cost together with other hardware and software factors. Thus, the total speed and cost of mining bitcoin mainly rely on the type of device that you use including GPU, ASIC, CPUs, the hash rate of the device, the mining pool, …

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Do You Know How Long It Takes To Mine One Bitcoin?

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Bitcoin, a decentralised digital currency, hit its all-time high of US$64,899 in April this year. In the past one year, Bitcoin has delivered an approximate return of 238%. The ideal time taken to mine a Bitcoin is only 10 minutes, but the time could increase to a few hours or days depending on the hardware, software, and other factors.

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Can You Mine 1 Bitcoin? How Long Does It Take To Mine …

Bitcoin Captainaltcoin.com Show details

How long to mine 1 bitcoin – Conclusion. To mine bitcoin you need Application Specific Integrated Circuit (ASIC) equipment that has been made just for mining bitcoin. To achieve a whole block (12,5 BTC) with solo mining in a month you’re going to need about 3000 TH/s. Total hashrate: 14Million TH/s divided by 6*24*365/12 = 4380 blocks a

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Bitcoin Mining Calculator BTC Mining Calculator …

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How long does it take to mine 1 Bitcoin? As of Saturday, December 04, 2021, it would take 1,268.9 days to mine 1 Bitcoin at the current Bitcoin difficulty level along with the mining hashrate and block reward; a Bitcoin mining hashrate of 140.00 TH/s consuming 3,010.00 watts of power at $0.05 per kWh, and a block reward of 6.25 BTC.

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How Long Does It Take To Mine 1 Bitcoin Depending On …

Bitcoin Coindoo.com Show details

The average time for generating one Bitcoin is about 10 minutes, but this applies only to powerful machines. The speed of mining depends on the type of Bitcoin mining hardware you are using. If you are using your home computer to mine Bitcoin with the computing requirements of today, it could take years to mine one single block because there are many …

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What Happens To Bitcoin After All 21 Million Are Mined?

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One bitcoin is equal to 100 million satoshis. the resources required for Bitcoin mining. cryptocurrency's network will remain functional for a …

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How Long Does It Take To Mine One Bitcoin In 2021

Bitcoin Beincrypto.com Show details

Essentially, when bitcoin mining started in 2009, the reward for mining a new block was 50 bitcoins; today, after three Bitcoin halving events, the reward is 6.25 BTC. Consequently, every Bitcoin halving event creates an artificial scarcity of bitcoin and is associated with historic bitcoin bullish runs. How long does it take to mine one bitcoin?

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How Long Does It Take To Mine One Bitcoin? Alexandria

Consistent Coinmarketcap.com Show details

A consistent factor that affects how long it takes to mine one Bitcoin is what is referred to as the network’s hashing difficulty algorithm, which is designed to self-adjust in order to maintain a consistent 10-minute block verification time. Mining Bitcoins is an “all or nothing” affair — miners receive either 6.25 BTC in 10 minutes or 0.

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How Long Does It Take To Mine A Bitcoin? StormGain

Mining Stormgain.com Show details

Bitcoin mining technology has come a long way since the very first block of Bitcoin was mined on 3 January 2009. In Bitcoin’s early years, mining was very easy. When Bitcoin’s price and mining difficulty were very low, many people just used regular PCs or old computers with up-to-date graphics cards, and they could mine a few Bitcoins every

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How Long Does It Take To Mine Bitcoin? Cryptimi

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Nowadays, one Bitcoin is mined every 20 minutes, and the rigs involved in creating a new block split the reward amongst themselves.Currently, this reward is currently set at 6.25 Bitcoin.. The speed of mining depends very much on the equipment you are using. If you opted to try and use your home computer to mine Bitcoin today, it would take you years to …

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How Long Does It Usually Take To Mine A Bitcoin Block?

Bitcoins Bitcoin.stackexchange.com Show details

So, let's say you do mine an entire block that's now worth 25 bitcoins, over 98 years. That works out to be .000000485032112 bitcoins per minute, or approximately .00000485032112 bitcoins per block. In short, as @Murch points out, it's probably not worth it to mine using that hardware. Sorry. :/ –

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How Long Does It Take To Mine 1 Bitcoin? [2020] DailyCoin

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June 27, 2020. It takes approximately 10 minutes to mine one new Bitcoin block. Mining is a complex process with various components that have to be evaluated. These components include hardware efficiency, the way and the costs of mining, hash rate and mining difficulty.

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#1 Bitcoin Mining Calculator For Hashrate (2022 Profits)

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The Bitcoin network hash rate is growing at a rate of 0.4527678% per day. This means if you buy 50 TH/s of mining hardware your total share of the network will go DOWN every day compared to the total network hash rate. Our calculator assumes the 0.4527678% daily increase in network hash rate that has been the average daily increase over the

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How Long Does It Take To Mine 1 Bitcoin (And Why)?

Miners Exactlyhowlong.com Show details

Instead, crypto miners may mine one block, with a payout of 6.25 BTC per block put in effect. It takes 10 minutes to mine each block. This means that mining 1 BTC should take only 10 minutes in principle (as part of the 6.25 BTC reward). There are hundreds of bitcoin miners contending for the prize for each block.

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How Long Does It Take To Mine A Bitcoin? U.Today

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Hence, it would take about 50 months to mine a single Bitcoin with one of the most advanced mining chips on the market, but this is a very vague prediction if you take into account the constantly rising mining difficulty. As an alternative to …

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How Long Does It Take To Mine 1 Bitcoin Using A Highend

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Answer (1 of 6): Millions of years; you cannot mine Bitcoin with a standard personal computer. Way back in the misty times of 2009/10 it was possible to mine Bitcoin with graphics cards, or the RAM contained on those graphics cards, but as …

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How Long Does It Take To Mine A Bitcoin?

Mining Cryptocoinsociety.com Show details

Since the commotion around BTC and Bitcoin mining has expanded throughout the long term, it is profoundly impossible that one may have the capacity to secure block rewards with a solitary device than one in a mining pool. Your probability of acquiring Bitcoin by mining has to do with the hash rate and other mining instruments you are utilizing.

Estimated Reading Time: 9 mins

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How Long Does It Take To Mine 1 Bitcoin Cryptopolitan

Bitcoin Cryptopolitan.com Show details

As aforementioned, the speed of mining Bitcoin is determined by many factors including the demand of the network. Factors that influence the time taken to mine 1 Bitcoin. Broadly speaking, how long it takes to mine one Bitcoin is determined by the following factors: Mining Hardware. Bitcoin mining is not for the faint-hearted.

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How Much Energy It Takes To Power Bitcoin

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According to Digiconomist, as of July 15, 2021, a single Bitcoin block requires 1,721.96 kWh, or nearly $26,000. When you put it all together, that’s a projection of 135.12 TWh in the year, or about as much power as is used annually by the country of Sweden. 3. A different estimate from the University of Cambridge pegs Bitcoin’s annual

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How Long Does It Take To Mine 1 Bitcoin? HedgeTrade

Mining Hedgetrade.com Show details

The mining difficulty is 17.35 trillion At this rate, it will take a solo miner 7689.9 days to solve one block and receive 6.25 bitcoins. In other words, mining one bitcoin will take approximately 1,232 days or about 3.37 years.

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How Long Could It Take To Mine One Bitcoin With My Gaming

Answer Reddit.com Show details

these people never answer questions. the answer is 10,905,676.93 days at today's difficulty, but ultimately approaching relative infinite days as difficulty continues to rise. For additional color on the topic. if you started when I did about 8 months ago, with …

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How Long Does It Take To Mine A Bitcoin [in 2020

Bitcoin Coinnounce.com Show details

In order to make profits by mining bitcoins is a tough job in 2020, and after the halvening, the reward will get even smaller. In 2020 ASICs are commonly used to mine bitcoin. The time it takes to mine a bitcoin depends on very much on the equipment, but on average, a new bitcoin is mined every 10 minutes. ADVERTISEMENT.

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How Long To Mine 1 Bitcoin? Crypto Fair Play

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Keep in mind, however, that this is only an estimated timeframe for miners and it can take more or less than 10 minutes to mine a single bitcoin, depending on the kind of equipment you use. For instance, mining a single block of bitcoin without powerful equipment can take you years without even mining one.

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How Long Does It Take To Mine A Bitcoin? Bitnovo Blog

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This is known as the mining process and is fundamental to the operation of most cryptocurrencies. Returning to the initial explanation, these blocks are added to the blockchain every 10 minutes (on average) and the miner who has managed to “discover” this new block receives a reward of 6.25 bitcoins. Until before the last Bitcoin halving

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How Long Does It Take To Mine 1 Bitcoin? UNHASHED

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Making the calculation more complicated, the reward for successfully mining a block is currently 12.5 Bitcoins — not 1. Consequently, there is no definitive way of saying how long it would take an individual miner to mine 1 Bitcoin. …

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Forum Post: How Long Does It Take To Mine 1 Bitcoin

Would Profitbitcoin.com Show details

The average time to mine one block is 10 minutes. A new block generates 12.5 new bitcoins (at the present time). So the time to mine 1 bitcoin would be 10/12.5 or 0.8 minutes (on average). If you are asking how long it would take you to mine 1 bitcoin, then the answer is you'll never mine 1 bitcoin.

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Bitcoin Mining Profitability: How Long Does It Take To

Bitcoin Beincrypto.com Show details

At Bitcoin’s current value of $3,367, this makes Bitcoin mining unprofitable for many countries — as electricity prices at or below $0.13/KWh are currently required to at least break even. Note, however, that this assumes that both the Bitcoin price and mining difficulty will remain stable, which is unlikely.

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How Long Does It Take To Mine 1 Bitcoin: How Much Bitcoin

Bitcoin Gfinityesports.com Show details

With each bitcoin block taking 10 minutes to mine, 144 blocks are mined each day. This means that at the current rate following the latest bitcoin halving, 900 BTC is available in rewards every day. Currently, F2Pool and Poolin are the two largest mining pools, responsible for 14.23% and 12.60% of the total hash rate, respectively.

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How To Mine Bitcoin In 2021 Beginner's Guide PC Guide

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Well, let’s say that you head to mining.bitcoin.com, so that you can pick out one of their cloud mining options. After signing up for their six-month plan at $2,248.50 you then have to consider that you will be paying a daily fee of $15 for …

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How Long Does It Take To Mine A Bitcoin? CoinCasso Exchange

Bitcoin Coincasso.com Show details

Mining a Single Bitcoin Block. According to the above paragraph, Bitcoin mining involves creating and adding a single block to the blockchain. Let’s focus on how a block is created and added to the network. Since the creation of a Bitcoin block relies mainly on the computational power of the computer and the mining difficulty increased, specially created …

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Location: Vilkpėdės g. 22, Vilnius, LT-03151

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How Long Would It Take To Mine 1 Bitcoin On A Dell

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Long story short, the block erupter is about 7w/gh, and will cost you about 7x as much as the bitcoins it produces. That does not include powering the laptop that's running it (which uses another 50x as much power cost as bitcoins produced) Your setup is about 0.3gh/120w, which will lose about $9-10/month

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How Long Does It Take To Mine 1 Bitcoin? MyBTC.ca

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In reality, there’s no such thing as mining 1 BTC only. Instead, the smallest amount of Bitcoin you can mine is one block which currently contains 6.25 BTC. On average, 144 Bitcoin blocks are mined every day. If you’re lucky enough and happen to have the ideal conditions for mining Bitcoin, you can mine one Bitcoin block in just 10 minutes.

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How To Mine 1 Bitcoin In 10 Minutes Blockchain BTC Miner

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What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1

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Here’s What You Need To Mine 1 Bitcoin From Home In 2020

Antminer Bitcoinist.com Show details

A case study recently performed on the latest ASIC, Antminer S17, shows that mining one bitcoin per year is possible with consumer electronics. There is, however, one caveat. Setup and electricity costs mean that mining one bitcoin at home in 2020 will also cost about one BTC at current prices. An Antminer S17 retails for about $2,000, a

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How Long Does It Take To Mine Bitcoin Freewallet

Bitcoin Freewallet.org Show details

As you can see, it can mine 0.000575 BTC or $ 6.76 per day and 0.2 Bitcoin in one year meaning that you’ll need 5 ASIC to mine 1 Bitcoin in one year. Do not forget that we did not take into account the placement of the ASICs (they are too loud for the house) and their electricity consumption.

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How Much Does It Cost To Mine A Bitcoin? Miner Daily

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As seen below, it takes about 146,010 terahash to mine one bitcoin. Further, Bitcoin’s value at the time of this calculation is $32,812, the network hashrate is 143 EH/s, and earnings are 22¢/TH. Hashrate estimation to mine one bitcoin, Jan 23, 2021, BTC.com mining pool data. Production Cost of 1 BTC per ASIC model

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How Much Computing Power Will Be Needed To Mine 1 Bitcoin

Billion Livebitnews.com Show details

To mine one whole bitcoin per day. Or even 1/2 of one per day…. In Bitcoin mining, there are at least 7–8 exahashes per second of computing power executing and growing continuously. That is : 7,000–8,000 petahashes. 7 billion – 8 billion GH/second. The s9 ant miner cost about $7,000. And gets 14 TH/s or 14,000 gh/s

Estimated Reading Time: 1 min

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Bitcoin Gold Mining: Complete Guide On How To Mine Bitcoin

Bitcoin Bitdegree.org Show details

Bitcoin Gold mining in a pool is a much more stable way to earn Bitcoin Gold. As long as the pool wins often enough and the Bitcoin Gold price is worth it, you will make money. It will be a trickle instead of a flood but better a sparrow in the hand than a pigeon on the roof, right?

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Frequently Asked Questions

How difficult is it to mine a bitcoin?

Bitcoin (BTC) mining difficulty just reached a new all-time high, increasing pressure on less efficient miners that have already started selling more BTC. Bitcoin mining difficulty, which is the measure of how hard it is to compete for mining rewards, just jumped by 9.89%, climbing above 17 T for the first time and reaching 17.35 T. Last time it increased more was in September of 2019, when it jumped by 10.38%.

How long would it take for a single laptop to mine a bitcoin?

The average time for generating one bitcoin is at around 10 minutes, but this applies only to powerful machines. But the speed of mining depends on the type of hardware you are using.

How can one become a bitcoin miner?

Get a good equipment. If you want to become a Bitcoin miner, then you are required to have an advanced hardware which supports these operations. Considering that speed is measured in hashes, you need to perform a certain number of hashes in second, to mine. A high - end hardware will provide you desirable speed and help you earn Bitcoins faster.

How long does it take to make money bitcoin mining?

The bitcoin calculator will show you your return on investment. As of the writing of this article, it would take you roughly 2,094 days to generate one block (25 bitcoins) mining solo. To generate one bitcoin it would take 83.7 days.

How difficult is it to mine a bitcoin?

Mining difficulty represents the likelihood of adding a new block to the Bitcoin blockchain to mine Bitcoin. Upon its launch, Bitcoin (BTC) mining difficulty was 1. However, as of 3 November 2020, the difficulty level is around 16.7 trillion. Meaning the chances of your computer mining new BTC units is 1 in 16 trillion.

How can one become a bitcoin miner?

How to become a Bitcoin miner?

  • Get a good equipment. If you want to become a Bitcoin miner, then you are required to have an advanced hardware which supports these operations.
  • Get a Bitcoin Wallet. All Bitcoins are placed in the digital wallet, and they are encrypted to secure your money. ...
  • Secure your wallet. ...
  • Join a pool or go alone. ...

How long does it usually take to mine a bitcoin?

As mentioned earlier, a Bitcoin transaction generally needs 6 confirmations from miners before it’s processed. The average time it takes to mine a block is 10 minutes, so you would expect a transaction to take around an hour on average.

How much can you make mining bitcoin?

How Much Money Can You Make Mining Bitcoin: S9 Case Study

DATE Total BTC Mined Monthly Monthly Profit After Electricity Costs Realized BTC After Elec Cost
7/1/2016 0.50422710 $221.91 0.32812182
8/1/2016 0.52310820 $198.04 0.32666107
9/1/2016 0.47841060 $154.69 0.27030296
10/1/2016 0.43781130 $149.71 0.24383104

34 more rows ...

How much can you make mining bitcoin?

How Much Money Can You Make Mining Bitcoin: S9 Case Study

DATE Total BTC Mined Monthly Monthly Profit After Electricity Costs Realized BTC After Elec Cost
7/1/2016 0.50422710 $221.91 0.32812182
8/1/2016 0.52310820 $198.04 0.32666107
9/1/2016 0.47841060 $154.69 0.27030296
10/1/2016 0.43781130 $149.71 0.24383104

34 more rows ...

How much can you make mining bitcoin?

How Much Money Can You Make Mining Bitcoin: S9 Case Study

DATE Total BTC Mined Monthly Monthly Profit After Electricity Costs Realized BTC After Elec Cost
7/1/2016 0.50422710 $221.91 0.32812182
8/1/2016 0.52310820 $198.04 0.32666107
9/1/2016 0.47841060 $154.69 0.27030296
10/1/2016 0.43781130 $149.71 0.24383104

34 more rows ...

How much can you make mining bitcoin?

How Much Money Can You Make Mining Bitcoin: S9 Case Study

DATE Total BTC Mined Monthly Monthly Profit After Electricity Costs Realized BTC After Elec Cost
7/1/2016 0.50422710 $221.91 0.32812182
8/1/2016 0.52310820 $198.04 0.32666107
9/1/2016 0.47841060 $154.69 0.27030296
10/1/2016 0.43781130 $149.71 0.24383104

34 more rows ...

How much can you make mining bitcoin?

How Much Money Can You Make Mining Bitcoin: S9 Case Study

DATE Total BTC Mined Monthly Monthly Profit After Electricity Costs Realized BTC After Elec Cost
7/1/2016 0.50422710 $221.91 0.32812182
8/1/2016 0.52310820 $198.04 0.32666107
9/1/2016 0.47841060 $154.69 0.27030296
10/1/2016 0.43781130 $149.71 0.24383104

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