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Title: Starting up Post by: BraveMushi on January 24, 2014, 01:03:11 PM I am looking to start up a bitcoin mining business. I have the money but I need a list of all the right things to buy. I was thinking of buying the butterfly monarch and then upgrade to the xtreme miners 7.5th" lion". Tell me what you think. Thank you
Title: Re: Starting up Post by: Altcoinblog.net on January 24, 2014, 02:47:11 PM You should do some reading at the mining subforum.
And carefully way the risks, mining BTC is a marginally profitable business at the moment. Have you considered mining scrypt coins ? Title: Re: Starting up Post by: BraveMushi on January 24, 2014, 07:45:12 PM I was thinking of farming litecoins but not sure how to set that up.
Title: Re: Starting up Post by: pontiacg5 on January 24, 2014, 07:48:34 PM Continue to sit around and "think," maybe at some point you'll learn to man up and go figure out how to set it up on your own.
"Hey guys! I think I want to make money. Anyone know how to do that?" Ridiculous. Title: Re: Starting up Post by: mindfulmojo on January 24, 2014, 07:50:29 PM I am looking to start up a bitcoin mining business. I have the money but I need a list of all the right things to buy. I was thinking of buying the butterfly monarch and then upgrade to the xtreme miners 7.5th" lion". Tell me what you think. Thank you I would say do a shit ton of research before asking for help. Start with what people think of butterfly labs... Title: Re: Starting up Post by: BraveMushi on January 24, 2014, 07:52:10 PM But I'm not entirely sure what I should be researching
Title: Re: Starting up Post by: mindfulmojo on January 24, 2014, 07:56:47 PM I just told you what to start with... butterfly labs. I wouldn't touch them with a ten foot pole. Read this section: https://bitcointalk.org/index.php?board=14.0 Don't buy any equipment from a supplier that only takes bitcoins, 95% of the suppliers are scammers. Title: Re: Starting up Post by: pontiacg5 on January 24, 2014, 07:57:08 PM But I'm not entirely sure what I should be researching Really? I guess you should research how to research, then. I'll give you a hint, going onto a forum and asking everyone to do the work for you is not a viable business plan. In fact, it's about the most retarded thing I think you could possibly do. You want to just give me about $5,000 and I'll send you some bitcoins I mined? No? That's no different than you coming on here asking random people with no background info how to invest your money. |