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Title: new to mining Post by: oldjohn1 on January 20, 2014, 08:07:07 PM hi im new to mining and am mining at 1 gh just to get use to it, what I would like to know is how many gh would I have to run to produce a good weekly wage, and could anyone recommend a good mining rig to buy
regards john Title: Re: new to mining Post by: scranagar on January 20, 2014, 11:48:02 PM hard to say without further info
what coin do you want to mine? how much fiat would you invest? how much is your "good weekly wage"? Title: Re: new to mining Post by: Helnick on January 21, 2014, 05:03:40 AM Ill piggy back this question. If I have 2500-3000 to invest. What bitcoin rig should I get?
I'm looking at this one now but hesitating for some reason. http://www.ebay.com/itm/AntMiner-S1-Dual-Blades-180-200-GH-ASIC-Bitcoin-Miner-/191040447359?pt=LH_DefaultDomain_0&hash=item2c7ae5e37f Title: Re: new to mining Post by: scranagar on January 21, 2014, 08:37:30 AM It´s just my personal opinion, but if I had 3000 I´d buy bitcoins directly instead of mining.
But if you really want to mine, then the antminer S1 is a good choice. It is new on the market and has due to the 28nm chips very low power consumption But never never ever buy miner on ebay! You pay much more than they are worth. Ask here on the forum in the Marketplace or search an online Asic miner shop. Title: Re: new to mining Post by: raskul on January 21, 2014, 08:43:10 AM start with 100gh rig and work up (you'll need to keep adding to keep it sustainable - due to rise in difficulty)
don't pay any more than $150 / 10gh - and certainly don't buy on ebay unless you get a proper bargain - remember sellers mark up the prices to cover ebay and paypal fees. Title: Re: new to mining Post by: Helnick on January 21, 2014, 09:55:33 PM Thank you for the reply. This one seems to be cheaper than the same anywhere I've found online. If I was paying $150/10GH it should be $2700/180GH
This is listed at $2600. If I'm doing the math this should produce around $40 per day as of now. am I missing somethig about this miner? Title: Re: new to mining Post by: Trongersoll on January 22, 2014, 09:45:49 PM the answer to your question is here: http://bitcoinwisdom.com/bitcoin/difficulty
Title: Re: new to mining Post by: AvalonMiner on January 27, 2014, 12:38:14 AM The easiest way for you to mine is cloud mining. They run their own hardware for you but you pay for it. Check out my description to see how :)
Title: Re: new to mining Post by: raskul on January 27, 2014, 07:09:30 AM Don't pay for cloud mining. it's not profitable.
if you want mining contracts, ask around on the forum, there are usually some private members offering 24hr /weekly / monthly mining contracts on their rigs. but first, do a but of research as to how many BTC / GH you are likely to earn in any 24 hr period. Title: Re: new to mining Post by: Sonny on January 29, 2014, 02:50:48 AM Don't pay for cloud mining. it's not profitable. +1 You can check it yourself here. https://cex.io/calc Title: Re: new to mining Post by: jacknine on January 29, 2014, 08:20:03 AM the answer to your question is here: http://bitcoinwisdom.com/bitcoin/difficulty I'm new as well.. Thanks for the resource! |