Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: sickhouse on August 16, 2014, 10:21:39 PM



Title: Gonna start mining small again which coin and pool? SHA-256
Post by: sickhouse on August 16, 2014, 10:21:39 PM
I just moved back to my apartment and I found some old miners (SHA-256). The speed is around 1.3 GH/s (WOOPIE) but I am going to mine anyway for fun. Which coin and pool should I choose? I used to mine AUR, I need one that gives a lot of coins so I can exchange them for BTC easy.


Title: Re: Gonna start mining small again which coin and pool? SHA-256
Post by: Bitsaurus on August 16, 2014, 11:20:14 PM
I just moved back to my apartment and I found some old miners (SHA-256). The speed is around 1.3 GH/s (WOOPIE) but I am going to mine anyway for fun. Which coin and pool should I choose? I used to mine AUR, I need one that gives a lot of coins so I can exchange them for BTC easy.

Boy have you been out of the game.  Your PrimeDice sig is going to pull in more income in 1 post than your 1.3GH/s on any pool.  Just point it at BTC Guild, Bitminter, Eligius, or similar pool if you are inclined to mine.


Title: Re: Gonna start mining small again which coin and pool? SHA-256
Post by: sickhouse on August 17, 2014, 02:21:06 AM
I just moved back to my apartment and I found some old miners (SHA-256). The speed is around 1.3 GH/s (WOOPIE) but I am going to mine anyway for fun. Which coin and pool should I choose? I used to mine AUR, I need one that gives a lot of coins so I can exchange them for BTC easy.

Boy have you been out of the game.  Your PrimeDice sig is going to pull in more income in 1 post than your 1.3GH/s on any pool.  Just point it at BTC Guild, Bitminter, Eligius, or similar pool if you are inclined to mine.
I do it for fun mostly, no point in having them lying around :) I know it's useless pretty much, I have some money invested in cloud mining so why not add an extra GH/s?


Title: Re: Gonna start mining small again which coin and pool? SHA-256
Post by: TheJuice on August 17, 2014, 04:57:29 AM
bitsolo it. You never know.


Title: Re: Gonna start mining small again which coin and pool? SHA-256
Post by: Master One on August 17, 2014, 05:41:26 AM
bitsolo it. You never know.

As ridiculous as this may look, solo mining with obsolete hardware may indeed make the most sense, after all it will cost you more than you gain anyway (unless you win the lottery).


Title: Re: Gonna start mining small again which coin and pool? SHA-256
Post by: TheJuice on August 17, 2014, 02:43:54 PM
bitsolo it. You never know.

As ridiculous as this may look, solo mining with obsolete hardware may indeed make the most sense, after all it will cost you more than you gain anyway (unless you win the lottery).

If you use obsolete hardware on a mining pool you will lose money 100% of the time.

If you solo mine (or use a similar service) you will lose money 99.9999% of the time. But that change of being 15k richer is real.