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Other => Beginners & Help => Topic started by: dadaas on November 17, 2013, 10:33:40 AM



Title: Newbie needs help - Starting to mine
Post by: dadaas on November 17, 2013, 10:33:40 AM
I'd like some advice. Which is the fastest and the safest pool to mine? And which mining software is the best?

I just want to start mining and I really don't have a clue how to start it.  :-\


Title: Re: Newbie needs help - Starting to mine
Post by: Sythyn on November 17, 2013, 11:19:57 AM
I'd like some advice. Which is the fastest and the safest pool to mine? And which mining software is the best?

I just want to start mining and I really don't have a clue how to start it.  :-\

BTCGuild if you are having ASIC and wemineltc.com if you are using GPU :)


Title: Re: Newbie needs help - Starting to mine
Post by: dadaas on November 17, 2013, 11:27:43 AM
I'd like some advice. Which is the fastest and the safest pool to mine? And which mining software is the best?

I just want to start mining and I really don't have a clue how to start it.  :-\

BTCGuild if you are having ASIC and wemineltc.com if you are using GPU :)

Thanks, and what about mining software? Which one do you use?


Title: Re: Newbie needs help - Starting to mine
Post by: Jacce on November 17, 2013, 12:23:31 PM
If you are unfamiliar with mining (and using GPU) I'd say GUIMiner since it's very easy to use. Don't expect to gain too much from mining without ASIC tho.


Title: Re: Newbie needs help - Starting to mine
Post by: dadaas on November 17, 2013, 12:43:25 PM
If you are unfamiliar with mining (and using GPU) I'd say GUIMiner since it's very easy to use. Don't expect to gain too much from mining without ASIC tho.

You want to tell me that GPU mining is not gonna make me much BTCs?


Title: Re: Newbie needs help - Starting to mine
Post by: Jacce on November 17, 2013, 12:51:59 PM
If you are unfamiliar with mining (and using GPU) I'd say GUIMiner since it's very easy to use. Don't expect to gain too much from mining without ASIC tho.

You want to tell me that GPU mining is not gonna make me much BTCs?

It might have given you lots of BTC for 2-3 years ago, but not anymore (especially not if you're on a nvidia card). With that said, I still suggest you try out mining to see exactly how much you are able to mine and see if it's worth the electricity.


Title: Re: Newbie needs help - Starting to mine
Post by: dadaas on November 17, 2013, 01:08:11 PM
If you are unfamiliar with mining (and using GPU) I'd say GUIMiner since it's very easy to use. Don't expect to gain too much from mining without ASIC tho.

You want to tell me that GPU mining is not gonna make me much BTCs?

It might have given you lots of BTC for 2-3 years ago, but not anymore (especially not if you're on a nvidia card). With that said, I still suggest you try out mining to see exactly how much you are able to mine and see if it's worth the electricity.

Thanks a lot, right now I am just testing how it all works :)


Title: Re: Newbie needs help - Starting to mine
Post by: Lee0044 on November 17, 2013, 03:52:25 PM
Slushes fund is very good!! A small donation is required but it's worth it.

http://mining.bitcoin.cz

Asteroid app for mac is a good piece of mining software as it has a nice easy to use interface.

http://www.asteroidapp.com


Title: Re: Newbie needs help - Starting to mine
Post by: thehashman on November 17, 2013, 05:26:37 PM
To echo what others have said, GPU mining for bitcoins these days is not going to get you much. I would say a scrypt based coin is your best best.

If your time horizon to sell is not immediate, I would GPU mine LTC, FTC, or XPM (once the GPU miner for it is optimized, not a scrypt coin) and wait a year to see if the one you choose gets more mainstream and accepted (then price will increase a lot).

In terms of what pool to join, I think they are all pretty good at this point. If your are not mining 24/7 I would go with a PPS payout system. If your miner is dedicated then all of the payout schemes are near equal in the long run (other payout systems penalize short mining spurts). I would say the most important aspect of a pool is uptime. But these days I think most pools have near 100% uptime because they all acquired DDOS protection.

If you are thinking about getting an ASIC then definitely go for bitcoin, but know the risks are high (when product will deliver, how fast difficulty will increase).


Title: Re: Newbie needs help - Starting to mine
Post by: iiWii on November 17, 2013, 05:33:38 PM
If you are unfamiliar with mining (and using GPU) I'd say GUIMiner since it's very easy to use. Don't expect to gain too much from mining without ASIC tho.

:-( That sucks, I have some gpus (2x 5970, 2x 6970) would I be able to get anything now that ASIC miners are around?