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Same story again. Because of dark markets they told same old stuff about bicoin and now about monero. I don't really understand governments here. I mean fiat is used to buy groceries and drugs too for example, but it's normal. Why cryptocurrencies can't be the same ?
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I like your idea of website but I don't like the implementation. Website design is good but user selection (that dropdown that pops up) is just awful. Before you advertise your site I think you should work on it a bit more and maybe share it with some friends first so you can get some feedback. I'm telling you this because of first impression that your website will make.
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There are no good paying faucets since they got rekt by google adsense some time ago. So if you can really spend 8 hours a day doing something (well in this case sitting at your pc) maybe try to apply for some real job just like LTU_btc said.
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I think you should clarify a bit more what exactly are you buying. Are you buying done websites with domain and web hositing or you are buying just scripts so you want to put up website yourself ?
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If you are looking for gpu best one would be amd radeon r9 390. In case you are looking for asic a lot of people are selling used antminer s7 really cheap
I searched for the r9 390 but i found that it still holding a good price maybe it's good in gaming. Do you know where i can find those cheap s7. Thx Well GPU price depends on country. If R9 390 is expensive in your country try looking for older Radeon series cards like 7990. About s7, again I don't really know where are you from but look on ebay, saw a lot of those there |
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You can "create" (if you can call it create) your altcoin easily but have you asked yourself what will you do after that ? With none programming knowledge and (probably) little to none knowledge about blockchain technology in general what will you do when something goes wrong ?
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Forget GPUs. I don't know how you expect to earn $1100 per year. Even with multiple GPUs, you will only mine maybe 0.00002 BTC per month.
You need an ASIC miner.
Worst advice ever. In order to break even with GPUs you don't need to wait like year or so. You just need few months mining and if you see that it's not going your way you can always sell your GPUs to gamers for almost same price and you did not lose any money. |
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You can make money with BURST with a lot less than 50 TB - just not a LOT of money.
1 TB of available space you already have is entirely practical.
with 1TB he will earn (with current price) 1.22$ per month. Do you think that is in any way profitable or just worth losing 1TB of storage for ? I mean with that profitability you are just better off looking for nickels on street (and you will probably earn more in a month lol) Everyone's different. Maybe he's looking to mine and hold. BURST's price hasn't exploded yet...but a year ago it was about 19 sats. This week it's been between 70 - 80 sats. Where will it be a year from now? 2 - 3 years from now? Obviously the more HDD space the better though. I get that, but If that is what OP wants to do he is just better off investing 15$ into BURST since that is the amount he would earn in a year if he would be mining it |
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Well I guess he is happy now. Time he spent mining (from 2012 to 2014) earned him a lot more than few thousands of dollars that he is fined with that servers, especially since that was not time of ASIC miners (first was here in 2015)
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You can make money with BURST with a lot less than 50 TB - just not a LOT of money.
1 TB of available space you already have is entirely practical.
with 1TB he will earn (with current price) 1.22$ per month. Do you think that is in any way profitable or just worth losing 1TB of storage for ? I mean with that profitability you are just better off looking for nickels on street (and you will probably earn more in a month lol) |
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GPUs with 1gb of ram are quite old at this point. I woul't say it would be profitable for you to mine anything since electricity costs would be much higher than what you would get.
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When you say bitcoin appliances I assume you mean ASIC miners. And yes you can mine some altcoins with them. Bitcoin use SHA-256 algorithm so any altcoin with same algorithm could be mined with ASIC made to mine bitcoin. For example DigiByte is popular one.
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Burst is proof of capacity type mining coin. In order to mine burst you need a lot of storage space. What I can say right now is that if you want to invest say away from burst if you want to make profit. With current price of HDDs it's just not profitable. But if you already have like 50-100TB of storage go for it.
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Is there anyone in their right mind that would go for 400+ days ROI when you can build rig yourself cheaper and have ROI time that is about half of what they are offering. I mean I get it that cloud mining was popular at one point but now definitely not.
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Thanks for fast answer ! If I choose to do miinig for Ethereum, what can you recomment me ? Thanks in advance. Can I trust to https://whattomine.com ? There are no ASIC for ethereum. Best card for mining at the moment is RX 470, but if price difference between RX 470 and RX 480 is not that high go for 480. Other stuff like cpu ram just buy cheapest possible. |
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Well yeah it will suck at what bicoin is good but transitioning to blockchain technology is not all about anonymity and stuff like that. It may be just better and more secure way to just own and make cash transfers from one person to another (like bank transfers today but better for banks and for us too)
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Most countries in India are not well developed. Say what you want but in order for Bitcoin to become really popular country needs to be well developed and have to accept bitcoin in as many places as possible. I just don't see that happening in India for quite some time
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Where it started getting funny is actually the first person to comment who didnt even bother to know what is going on here and concluded that its definitely a cloud mining service and the few others that followed him also didnt bother. But the issue is about the name that anything 'hao' is definitely cloud mining. Actually the GUI of wallet is cool but this Chinese language is where the issue is. I guess things needs to be done about that ven befpre launching at all...
Well they think anything with "hao" is cloud mining because HaoBTC was cloud mining company and this is the product of HaoBTC. So I would't blame them if they don't feel like this company is trusted enough |
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When you get that message it should refer to the IP that request was sent from (your server IP) but you said you already changed that so my guess is they banned your domain name. Try sending request from local development server and see what would happen
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As far as I understand, amd cards are preferred in bitcoin mining due to reasons such as optimization, price and mining performances.
At present, however, mining is not done with video cards anymore. But the opposite is the case in sub-mining. I heard that nvidia cards are preferred to amd cards in Altcoin mining.
Is this true?
Bitcoin mining with graphics card stopped when ASIC miners appeared. Now you can still min altcoins(sub-coins lol) with them and it's not true that nvidia cards are preferred. They are better only in Zcash mining, for everything else AMD cards are better |
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