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Author Topic: Another late adopter btw miner  (Read 424 times)
urius (OP)
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December 14, 2013, 11:45:20 PM
 #1

Hi everyone,

I have just discovered this forum and I am overwhelmed with all the information I have found.

I want to start mining bit coins but everybody is saying is too late, money ripoff. Still looking to buy a ASIC hardware for a fair price. Any advice? I do not plan to get rich faster, I like the philosophy of the criptocurrency, and I want to do it by hobby and to experiment. Hoping to learn and have a good time meanwhile.

Thanks in advance.
b00zebag
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December 14, 2013, 11:45:54 PM
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do not mine. you wont even make enough to pay your electric bill.
urius (OP)
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December 14, 2013, 11:53:51 PM
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Oh man don't discourage me  Wink I don't want to lose money but I really like the idea of mining and participate in the btc network. But obviously I don't want to lose my money. I thought the ASIC miner hardware had low consumption, isn't it?
hoewer4what
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December 14, 2013, 11:59:25 PM
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do not mine. you wont even make enough to pay your electric bill.


Lol, this comment would be true for GPU mining, but ASICs have small power consuption. The only problem is initial cost and preorder model
urius (OP)
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December 15, 2013, 12:16:19 AM
 #5

Thanks buddy! I am going to go through my idea of mining, at least I will try. In the other hand I have just installed Bitcoin-Qt , and it takes ages to initialise , how much time does it take to sync with the network?  Grin
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