I started using pbmining in Feb this year and from my calculations I am now in profit - well I hope I've calculated correctly.
I used pingit to pay for bitcoin to get the contracts - my pingit shows I've spent £34 on bitcoin and from the contract screen I totalled all my contracts worth so far and its over the amount I spent..not by much but its profit.
The money I made back from the contracts were re invested in new contracts - so far I have a total of 37GH which isnt much but I was really just testing to see how to service was.
I'm customer no 443

thanks for the reply, get create a support ticket
cheers

Need some advice please.
Just used BittyLicious for the first time using Pingit and think I made a mistake...when going through the payment I forgot to add the reference number.
I'm currently sitting at the timer at 40 mins and take it the process wont go through as the reference number wasnt added in?
What happens next, I raise a ticket and hopefully will get my coins?
Thanks

thanks for the quick reply.
Really keen on starting this so was thinking, I could just get the amount I need to start mining by purchasing the lowest amount I need for 1GH which is 0.01250000 from say BTC-E and then add more hashing power later.
Is BTC-E a trusted source to purchase BTC?
Sorry for the questions, as you can tell I'm very new to all this but am learning and reading all about BTC.
thanks again.

Finally managed to get an account created and was looking forward to getting a contract and then hit a problem....I cant buy a contract as it only allows me to pay in BTC which I don't have.
Any chance of paying by an alternative means ie paypal in the future?
I see you can also get contracts by paypal but when checking your ebay page there are no auctions currently

I'm using IE 9, not sure if this matters but Im in the UK but we go through a proxy via France - currently at work so it could be the proxy/anti v/firewall blocking something.
I'll give it another go from home using chrome.
cheers

Hello

Interested in using this service but when trying to create a new account when I click on register nothing happens - I take it there are still problems?

Cheers John, lots of useful info there for me to digest.
Just waiting for payday mate and will then get the pi ordered....getting exited now lol
Tbh, even if I don't make money out of this its something I want to learn and also keeps my occupied with a new hobby.

Thanks for the feedback mate, does give me something to think about.

This is for janonathon.
Any tips on mining with a Pi as I'll start of with this first.
Did you set this up with an AdaFruit as I googled mining with a Pi and came across that being used -

http://learn.adafruit.com/piminer-raspberry-pi-bitcoin-miner/initial-setup-and-assembly

Do I really need this or can I go without?
cheers

many thanks for the replies guys, much appreciated.
Lots to think about but i'll be honest have been looking at mining with a pi so my go down that road - still need to get a pi so just waiting for payday and will then get started.
I'm based in the UK but appreciate the ebay links philipma....checking on UK ebay have seen 2nd hand USB miners going for around £15 which seems decent and thats the price I'm willing to pay.
May just go for a couple to start of with and see how I get on.
I am in the process of building a media pc so was thinking of using that for mining too so may add an ATi card in there which should help with mining - maybe either a R9270 or a 280
I guess its more of an interest but of course if I can make a little profit it always helps.
Again thanks for the advice

evening all

some advise will be greatly appreciated please.
Ive been looking at the possibility of BTC mining but dont really have the funds to buy expensive equipment.
Really like the easy to use interface of BitMinter so am very keen to try this but wanted to know whats the minimum hash rate I need to be outputting to see some sort of return after electricity etc?
Would starting off with say a usb block erupter at 333 be ok or should I at least go for the one that gives around 1.6? The USB miners appeal to me more due to space issues.
many thanks

thanks for the reply.
So is this asics actually happening as there hasnt been anything officially announced..or has there?
I take it these devices will be rather expensive when they finally arrive so may not be viable for newbie miners like myself?
So if single card gpu mining isnt viable due to these new asic devices coming do I just give up thinking about mining altogether?

Afternoon all,

Looking to get into mining and was advised to try LiteCoin mining as mining for BTC isnt worth it at the moment.
I've been planning on getting a media pc built for a while now which got my thinking about using this for mining too.
I know for LiteCoin mining its all about the GPU - this is correct right?
If thats correct, what is the minimum ATI card I should go for to start LiteCoin mining - I dont have a big budget as I still need to purchase the powersupply/case but was thinking of getting the R9 270 card.
Is the R9 270 card viable for mining - I dont expect to be making big amounts of money but would like to at least make a little profit if possible.
I think this card gives out around 400+ hash when checking stats - guess my question is whats the minimum hash rate needed to make a little profit without spending silly money if thats even possible for Litecoin mining.
My max budget on a card will be around £150.
I know I need to take into account electricity etc but the idea of this rig is that its going to be on all the time anyway so might as well get mining on it.
When the money situation gets better I could add a 2nd card to the rig I guess.
Hope someone can advise which will be much appreciated.