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Title: New to Crypto Currency Need Advise Post by: alecmerkel on May 07, 2014, 09:01:00 PM Greetings, I'm new to the crypto currency scene and I'm looking to start mining. I have a couple of questions and any help will be greatly appreciated.
I've been mining with my old gaming rig. It has a older gpu that I use to mine DOGE coin and I'm using the CPU to mine DRK at 130k/hash I have 5,000 USD and looking to start mining. I'm interested in mining DRK simply because I think the x-11 is the strongest. So I was thinking to get x6 Sapphire R9 290x Tri-X and run them with http://www.asrock.com/mb/intel/h81%20pro%20btc/ Or some ASIC mining rigs from zeus miners http://zeusminer.com/shop/ What will be the most profitable coin to mine? My current cost of electric is 4.730 CENTS. Should I even bother in investing with such a small amount? If so by when should I see my 5000 back? I would love to mine BTC but that seems far fetched. Any resource links and advice is welcome. Please don't post ads or links selling me products unless they are with good intention and equipment you are using yourself. Title: Re: New to Crypto Currency Need Advise Post by: DELTA9 on May 08, 2014, 12:18:10 AM What will be the most profitable coin to mine? My current cost of electric is 4.730 CENTS. Should I even bother in investing with such a small amount? If so by when should I see my 5000 back? I would love to mine BTC but that seems far fetched. I am fairly new to mining as well...currently GPU mining MyriadCoin. In my opinion, the most profitable coin to mine is BlackCoin. If you want to make the most money, use your cash to buy BTC. Now is a great time to buy!Title: Re: New to Crypto Currency Need Advise Post by: mezmerizer9 on May 08, 2014, 01:14:58 AM What will be the most profitable coin to mine? My current cost of electric is 4.730 CENTS. Should I even bother in investing with such a small amount? If so by when should I see my 5000 back? I would love to mine BTC but that seems far fetched. I am fairly new to mining as well...currently GPU mining MyriadCoin. In my opinion, the most profitable coin to mine is BlackCoin. If you want to make the most money, use your cash to buy BTC. Now is a great time to buy!The most profitable is blackcoin? scrypt? Title: Re: New to Crypto Currency Need Advise Post by: alecmerkel on May 08, 2014, 04:04:21 AM What will be the most profitable coin to mine? My current cost of electric is 4.730 CENTS. Should I even bother in investing with such a small amount? If so by when should I see my 5000 back? I would love to mine BTC but that seems far fetched. I am fairly new to mining as well...currently GPU mining MyriadCoin. In my opinion, the most profitable coin to mine is BlackCoin. If you want to make the most money, use your cash to buy BTC. Now is a great time to buy!The most profitable is blackcoin? scrypt? Don't know, what's your opinion? Title: Re: New to Crypto Currency Need Advise Post by: mazuma on May 08, 2014, 06:50:32 AM my friend no one knows how long u wil ROI, few months back retards would tell you " OFCOURSE ITS PROFITABLE, come on in, you will ROI in 5 MONTHS TOPS", none of those guys will tell you that any more. As for your 5000, you need to make a decision, you could buy GPU, pretty cheap, or drop 5000 and buy asic scrypt but prepare to continue staying on top in either scenario. You ROI vary depending on how good you are. Ball park? 7 months to 1.5 years with GPU is my educated guess.
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