Bitcoin Forum

Other => Beginners & Help => Topic started by: OMGBobMarley on March 12, 2013, 03:13:49 AM



Title: New to mining
Post by: OMGBobMarley on March 12, 2013, 03:13:49 AM
Can someone lead me to some good reads on mining, how it works, etc/

Thinking I might get into this, especially if the price drops low tonight.


Title: Re: New to mining
Post by: archaeopteryx on March 12, 2013, 03:52:22 AM
To be honest, unless you already have GPUs sitting around or you plan on buying ASICs it's probably not going to be worth it to get into mining at this stage. If you spend money on a GPU-style mining rig it may never pay itself off.


Title: Re: New to mining
Post by: OMGBobMarley on March 12, 2013, 04:23:58 PM
Is there any good sites about this?

Ybh I don't know what much of that is, so I prob don't have what it takes huh?


Title: Re: New to mining
Post by: pe1pip on March 13, 2013, 11:55:38 PM
Can someone lead me to some good reads on mining, how it works, etc/

Thinking I might get into this, especially if the price drops low tonight.

you will add stability to the bitcoin network, which is always a good thing, even if you think you'll make a loss. With new ASIC hardware you might even turn a profit in the long run, but as I see things, the main reason to start mining at this time is to contribute....