Bitcoin Forum

Other => Beginners & Help => Topic started by: krishnaverma on December 01, 2017, 03:28:10 AM



Title: Which is best for mining, bitcoin or etherium?
Post by: krishnaverma on December 01, 2017, 03:28:10 AM
Which is best for mining, bitcoin or etherium? I am from India, where can I buy the equipment from and what will be the set up cost ?


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: pooya87 on December 01, 2017, 04:40:00 AM
you can use the following websites to calculate your earnings based on hashrate, difficulty, price, cost,...:
https://www.cryptocompare.com/mining/calculator/
https://www.coinwarz.com/calculators/

the things to keep in mind is that for mining bitcoin you will need an ASIC which may not be easy to buy everywhere. specially if you want the latest. and with it you can mine bitcoin and those coins that can be mined with ASIC.
but for mining ethereum you need graphic cards (GPUs) and that can be bought anywhere. and with it you can mine a lot of different altcoins.

additionally you have to consider your electricity cost, cooling, difficulty rise, price drops specially in altcoins, and other possible factors like for example ETH moving to PoS which means you will no longer be able to mine it.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: krishnaverma on December 01, 2017, 05:49:55 AM
you can use the following websites to calculate your earnings based on hashrate, difficulty, price, cost,...:
https://www.cryptocompare.com/mining/calculator/
https://www.coinwarz.com/calculators/

the things to keep in mind is that for mining bitcoin you will need an ASIC which may not be easy to buy everywhere. specially if you want the latest. and with it you can mine bitcoin and those coins that can be mined with ASIC.
but for mining ethereum you need graphic cards (GPUs) and that can be bought anywhere. and with it you can mine a lot of different altcoins.

additionally you have to consider your electricity cost, cooling, difficulty rise, price drops specially in altcoins, and other possible factors like for example ETH moving to PoS which means you will no longer be able to mine it.
Isn't the ASIC available on online stores ? How are people mining the bitcoins currently ?


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: m_01 on December 01, 2017, 06:15:24 AM
Now a days mining BTC and ETH are difficult


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: karkajuth on December 01, 2017, 06:26:08 AM
as you know etc mines with gpus and bitcoin mines with cpus so you should first compare the price of cpus and gpus you will use and there are lot of sites you can estimate your earning with your setup.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: makememuchmoney88239 on December 01, 2017, 07:00:08 AM
my advice : don't buy ASIC ,easy to lose , you can buy Card and mining ETH, ETC,LTC ...  :o :o ,
Sorry if I wrong  :-X :-X :-X


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: CoinsInvest9 on December 01, 2017, 02:46:42 PM
Which is best for mining, bitcoin or etherium? I am from India, where can I buy the equipment from and what will be the set up cost ?

i dont think this is good time to mining bitcoin or Ethereum because of difficulty too high. the better now you should trading it can bring to a lot of profit than mining


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: readygoaw on December 02, 2017, 02:27:56 PM
Nowadays mining of both of these cryptos is very difficult and it brings profit very rare. It is better mining for ZCash.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: Minerall on December 20, 2017, 06:28:47 PM
It's easier to mine ethereum than bitcoin. But then again 10% of ethereum is not the same as 10% of bitcoin.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: kuroman on December 20, 2017, 06:55:43 PM
You need to buy the latest in greatest ASICs to mine Bitcoin, these devices get depreciated really quickly after a couple of months since everyone gets them and the difficulty rises and then they become some place holder, since you cannot sell it afterwards, as for ETH you mine it with GPUs the difficulty doesn't rise that much not only that but you mine other cryptos and resell your hardware if you need so


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: projectshivom on December 20, 2017, 08:13:53 PM
I would advise Etherium like shared above it requires a GPU card which you can buy far more easily then a bitcoin miner.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: bhb on December 21, 2017, 01:36:58 AM
I just started mining and decided it was best to go the cloud mining route.  There is a great site called www.stellarmining.com for ether and its much cheaper than other ones I saw.  They are sold out but there is a pre-sale for early January. Just my opinion do your own dd.



Title: Re: Which is best for mining, bitcoin or etherium?
Post by: ambnet7 on December 21, 2017, 10:43:38 AM
Do we need a special computers with high end specs to mining Bitcoins or Etherium? Or Can this be done with usual personal computers?


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: uberproteam on December 21, 2017, 10:54:37 AM
This is basically ASIC miners for BTC. Which are very expensive to get in India, you can try it buying in cheap in SP road Bangalore. For ETH you will have to make exclusive mining rig by buying best hardware. You can get all stuff for cheap in SP road Bangalore.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: CypherOG on December 21, 2017, 11:10:56 AM
Right now I think it is best to mine Ether. What kind of hardware do you have. What is the difficulty and so on... :) Maybe check other minable coins  too ?


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: GregorWar on December 21, 2017, 02:59:50 PM
at the moment i'm mining ETH or ETC...use whattomine.com to see what would be the best for U...i'm mining it with GPU rigs
and about BTC...u have to get SHA-256 miner like bitmain or antminer...but i think the hash dificulty is to high to get some good profit...


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: projectshivom on December 22, 2017, 10:51:47 AM
BTC


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: squidiot438 on December 22, 2017, 10:53:32 AM
The recommended mining rigs for Bitcoin are very much expensive and could even take you a lot of time before recovering. ETH would be a good alternative.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: wazir101 on December 22, 2017, 03:00:01 PM
This is fundamentally ASIC diggers for BTC. Which are exceptionally costly to get in numerous nation, you can attempt it purchasing in modest in SP street Bangalore. For ETH you should influence select mining to fix by purchasing best equipment.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: DennisStoff on December 24, 2017, 06:34:27 AM
The phenomenon of the rising value of Ethereum currency that occurred in the last month up to now makes the netizens think that Ethereum will be an exterminator of BitCoin. It may also be driven by volatile Ether trading volumes. When talking about his vision and mission: BitCoin is a digital currency created to be used in lieu of a monetary system controlled by the Bank. Meanwhile, Ethereum also created to merelasikan Platfrom 2.0 Blockchain who execute all applications contract wise where he is required to consume tokens called Ether as fuel.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: Tol9n on December 24, 2017, 07:14:43 AM
Which is best for mining, bitcoin or etherium? I am from India, where can I buy the equipment from and what will be the set up cost ?
At the moment, of course, the ether, bitcoin is already exhausted, there are crumbs that will not cover your expenses. So look for alternatives in the form of alts, there is where to turn around, but prices are now on farms of course. Not everyone is able to draw.


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: GregorWar on December 27, 2017, 08:30:47 AM
I would recomend gpu miner...because u can mine different cyrpto's...with asic miner u don't have much to choose...at this moment is good to mine eth or etc...because of the price...maybe there are more profitable crypo to mine if u know how to set up the software...and the other thing is if u are not happy with the miner u can sell it much easier than the acis miner...u can sell it to gamers...


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: bigbangmother on December 27, 2017, 10:13:17 AM
Everything is changeable. Try different approaches  ;)


Title: Re: Which is best for mining, bitcoin or etherium?
Post by: CypherOG on March 23, 2018, 12:19:02 AM
Right now Ethereum ? .. maybe now other cryptos ? :)