Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: MrGrimmer on December 24, 2017, 12:16:03 PM



Title: Need some advice. New to mining :)
Post by: MrGrimmer on December 24, 2017, 12:16:03 PM
Hey. I'm decently new to mining (been mining for a little over a month now) and I've really taken a liking to it. I was wondering where I could read up more on mining and if it would be worth building a mining rig using 6x 1050 TIs atm or if it isn't worth it anymore? (To mine ETH, ZEC and XMR)

I've heard it isn't worth it because of how the difficulty increases in mining, that it wouldn't really "pay itself off", and I've also heard that it would pay itself off and I could easily sell the cards in the case that it would not be profittable mining anymore.

I'd really appreciate more opinions on the subject if anyone can shed some light on the topic for me, or share a reliable source with me so that I could read up on the topic.

Also, if someone could help refer me to a guide on building a mining rig, so I could educate myself on the parts I would need and learn how to effectively build one, it would be greatly appreciated.


Title: Re: Need some advice. New to mining :)
Post by: Cyptolove03400 on December 24, 2017, 12:26:30 PM
Have u looked into PoS ones?


Title: Re: Need some advice. New to mining :)
Post by: os2sam on December 24, 2017, 12:37:39 PM
I was wondering where I could read up more on mining and if it would be worth building a mining rig using 6x 1050 TIs atm or if it isn't worth it anymore? (To mine ETH, ZEC and XMR)

First start by reading the forum rules
https://bitcointalk.org/index.php?topic=2415854.msg24714338#msg24714338

Then post in the altcoin section and read up on mining alt coins there.
Good Luck.


Title: Re: Need some advice. New to mining :)
Post by: MrGrimmer on December 24, 2017, 12:39:27 PM
Have u looked into PoS ones?

I haven't yet at all tbh, I'm still very new to mining and have just really begun reading up on the topic.  I'm currently just looking for information on whether it is still worth building a mining rig with 1050 TIs.


Title: Re: Need some advice. New to mining :)
Post by: Boilc on December 24, 2017, 03:03:23 PM
Depend on your strategy. In my opinion, ETH could be a good choice. Other new coins like ETN, ITNS are not bad. Their value go up everyday. Start practicing with some coins before diving in, you can have a better idea.