its been last 5 days watching over this bitcoin thing and i have some extra cash so i just wanted a suggestion that if i start mining today by buying the hardware would i be in much profit or its just a decent profit??
and i dont have hell of cash its just my pocket money which i would be investing.
so finally is it profitable for a beginner to start mining today?
and i see the difficulty rate increasing like anything day by day..
if yes plez just suggest some hardware which is ecnomic and will pay back in few months.
No miner pays off in a few months. Exceptions are: your power is really cheap and or free. You run a business that uses electrical power to dehydrate food.You use electrical kilns to dry lumber. You buy today and coins go up like mad.-------------mining in this case makes usd / fiat profit. not btc profit. say 1 coin at 620 usd or .5 coin at 2000 usd. buying and hold a coin may do better but faces different tax law then mining for a coin. Oh I don't think you could use miners for food dessication. The mines emit too many VOCs and they're not certified food handling equipment, so at least in the US it would be a no no to do it for sale. Could you dry your own beef jerky at home, yeah, but just don't sell any food because the fines are insane. |
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Unfortunately tidal power is very unreliable compared to solar and wind. There are fewer places where tidal changes are reliable enough to generate sustainable power. Hopefully that will change in the near future.
Wait a minute, maybe you meant another adjective other than reliable. The tides are connected directly to the motions of the moon and the earth and their relative position to the sun. What's more reliable than the fact that the earth turns on it's axis? Maybe you're talking about the fact that the size of the tides varies a lot from locale to locale. Have you seen the worms and floater and other devices that are trying to capture tidal power? Most of them are not based on the coast since that land value is too high to warrant putting a plant down. Most will be further in the water. They need the constant wave action which is not always guaranteed except in some areas. Same could be said for wind to a certain degree. Solar is much more reliable (steady) compared to these 2. |
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Use virtual machine for new and suspicious coins. So far I didn't have any problems  While a good idea, I think anybody who can sandbox questionable material already knows to do that  In newbie terms, if you're going to try out weird coins and programs, do it on a separate machine that won't risk your main computer and offline wallet. |
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Banned for bringing guns to this forum
Banned for thinking a knife could solve this crisis. Banned for taking steroids. Banned for being GAY Banned for not being happy. Banned for calling him out as unhappy! Banned for defending me.  Banned for not quoting and responding properly - you typed your ban inside somebody else's quotes! |
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What the replies are missing is the a key consideration, the rate of drying. The rate of drying will be controlled by the temperature. The higher the temp, the faster the wood drys.
While I have no doubt the mining equipment can heat up a room, the max ambient air temp that an S1 miner could take is probably around 60C.
The air temperature of a kiln based wood dryer is probably much higher than 60C to speed the drying process.
To pass on another use for the coin mining heat would be to preheat the water in a tank feeding a water heater.
I've done some experiments and an S1 miner could probably heat 25 gal of water 20C above ambient.
Dryers use both heat, pressure, and flow rate to control dessication. The exhaust temps will not be high but the flow rate will be elevated. |
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Whoa that stealing gas one is bad. Don't know if it's staged or not but the arm lock from the first guy looked painful.
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1.5L engine, I wonder what kind of mileage they're getting since they don't have CA emissions.
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Banned for bringing guns to this forum
Banned for thinking a knife could solve this crisis. |
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GW2 is soo boring. Tried it once and gave up after just 1 evening.
I prefer RPG's with real story like Gothic. GW world is just big and empty, full of NPC's just standing and staring at you.
Apparently you can't read or follow the story arcs. The Guild Wars universe has over 10 books written about the lore and mythology. Almost all of that lore is in the game. Gothic delivers it to you directly, in GW2 you are given the lore as you play through. |
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i'm a trekkie at heart. star trek: the next generation is my bread and butter. good stuff!
Star Trek Generations was cheesy but it is my fav of the movie series. Seeing Kirk and Picard on the same screen was awesome. The series finale to ST:TNG with Q was a masterpiece. |
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Quick, fly away to Dubai now before them coppers grab ya!
Well I guess it depends on how long you think they'll sentence you for.
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they require billions of years to cross the galaxies is there any any anyway to get connected with the VOYAGER? if not then its nuffing .. or how they can tell that it cannot be destroy by hitting an asteroid?
It's still sending back singals since the power source is still viable. Obviously the signals take a while to get here. It might hit something, although the chance of that in interstellar space is very very low. |
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Very nice rescue work. I like the story so much I donated to their cause.
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Let me throw one thing out there..
If the price skyrockets to 10k, you will be pounding out $ per day.
"OH BUT SPAZZDLA EVERYONE WILL JUST BUY MINERS AND IT WILL KILL THE PROFIT!!"
Oh and where will they get all of these miners? BFL? KNC? ... Bitmain and Rockminers won't be able to fill all the orders they will get.
This is where mining really pays off when you buy a machine and the price jumps in the next little bit. Also that obsolete machine becomes useful again..
If BTC doubles in price, people who bought 10BTC a couple of months ago will be laughing at the people who bought miners since they could cash out of they wanted to while the miners are waiting on a trickle of mining income. |
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I'm assuming you're going to have roommates. You can use a load S1/S2 if it bothers your roommates. An S3 might be a good option for you.
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USB miner just for fun. Please take note you won't make any money out of it.
Yeah, I've looked into them before, and I think I would like to at least have a chance to make a little bit. Also, the USB miners are so small that I wouldn't really be making any dent at all on hash rate either, even for a scrypt coin. Well you asked for a hobbyist level entry. You could get an Rbox that does 33-35GH/s and those are pretty cheap and have all the whirling noise of a miner. If you're expecting to make a dent in the network, you're asking to be 0.1% of the network, which right now would put you at 130TH/s (which some people do have at home). That would set you back about $125K in mining eq alone |
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You can use it to mine most profitable coin but make sure you underclock and maintain really good temperature like 60-70C so you don't spoil it.
To what effect? Assuming $0.15 per KWh, he'll spend $9 a month and make roughly $4 if he has it underclocked to keep the GPU at 70C (I have a 770M in my 17 laptop and all I mined with it were CPU coins last year). If you're going to spend $10/month, just buy a RBox and be happy with the small BTC it returns. It won't jeopardize your $1k laptop either. |
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There will be no world war 4 there will be only world war 3 which destroy the world ..
You can have 2 different wars going on at once. An economic war and a conventional--> nuclear weapons war. They are not necessarily the same thing. |
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If he offered those people in the pranks some fried chicken or watermelon he would most certainly be dead by now. I would have killed him  |
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It's amazing, a "thing" made by humans is leaving our galaxy, who would have thought that!
No, it's left out solar system in 2012. It would be billions of years before it leaves the Milky Way galaxy (has to leave billions of galaxies). |
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