Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: zerodemo on November 19, 2014, 01:48:08 AM



Title: Is it a good idea start investing in mining coin now?
Post by: zerodemo on November 19, 2014, 01:48:08 AM
Hi guys, i really need your help to understand if with mining we (newbie) can still make a profit.
I know i know you're going to say "somebody already asked this" but this is specific for people who have orrible pc and wanna know if its still a good idea to invest money to start mining to make some good money (whatever coin you suggest) ::)
To start i wanna say that im homestuck (street accident)and can't work for some months so i almost have all day to mine.
Now i got a really really really bad pc for mining, at least from what i understood reading threads everywhere,
It is an ACER veriton 7800 with Intel 82945G Integrated Graphics Controller and Intel GMA Intel Pentium 4 630. :'(
I mined dogecoins for 1 day with CPUminer in ypool and made less than 0.08000000 doges...(now im trying ltc)
So to get to the real question: with little money to invest what coins do you suggest to start mining, with which software and what to buy(new computers or asic, rig and stuff like that)?
I can mine basically all day long and i dont pay electricity
I know i could have made some errors but please note that im a real newb and im italian.
Thank you very much for the help  :D!

Oh and i read everything but i still dont know how to mine solo  ???


Title: Re: Is it a good idea start investing in mining coin now?
Post by: Sine(X) on November 19, 2014, 03:37:01 PM
Hi guys, i really need your help to understand if with mining we (newbie) can still make a profit.
I know i know you're going to say "somebody already asked this" but this is specific for people who have orrible pc and wanna know if its still a good idea to invest money to start mining to make some good money (whatever coin you suggest) ::)
To start i wanna say that im homestuck (street accident)and can't work for some months so i almost have all day to mine.
Now i got a really really really bad pc for mining, at least from what i understood reading threads everywhere,
It is an ACER veriton 7800 with Intel 82945G Integrated Graphics Controller and Intel GMA Intel Pentium 4 630. :'(
I mined dogecoins for 1 day with CPUminer in ypool and made less than 0.08000000 doges...(now im trying ltc)
So to get to the real question: with little money to invest what coins do you suggest to start mining, with which software and what to buy(new computers or asic, rig and stuff like that)?
I can mine basically all day long and i dont pay electricity
I know i could have made some errors but please note that im a real newb and im italian.
Thank you very much for the help  :D!

Oh and i read everything but i still dont know how to mine solo  ???


Of course it's possible. Otherwise we wouldn't see hashrate growth. You should choose right company and make enough investment.
There are a lot of interested in own business users here and they will give you a free advice, no doubt advices will be different. I am not interested in any company, but also I can't give you an advice :) Just one - learn market. It's really not trivial task, there are a lot of scammers around and even companies which yesterday 100% were not scammers, today can be.
Good Luck!