Bitcoin Forum
July 14, 2024, 07:24:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Need some advice. New to mining :)  (Read 122 times)
MrGrimmer (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
December 24, 2017, 12:16:03 PM
 #1

Hey. I'm decently new to mining (been mining for a little over a month now) and I've really taken a liking to it. I was wondering where I could read up more on mining and if it would be worth building a mining rig using 6x 1050 TIs atm or if it isn't worth it anymore? (To mine ETH, ZEC and XMR)

I've heard it isn't worth it because of how the difficulty increases in mining, that it wouldn't really "pay itself off", and I've also heard that it would pay itself off and I could easily sell the cards in the case that it would not be profittable mining anymore.

I'd really appreciate more opinions on the subject if anyone can shed some light on the topic for me, or share a reliable source with me so that I could read up on the topic.

Also, if someone could help refer me to a guide on building a mining rig, so I could educate myself on the parts I would need and learn how to effectively build one, it would be greatly appreciated.
Cyptolove03400
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
December 24, 2017, 12:26:30 PM
 #2

Have u looked into PoS ones?
os2sam
Legendary
*
Offline Offline

Activity: 3578
Merit: 1093


Think for yourself


View Profile
December 24, 2017, 12:37:39 PM
 #3

I was wondering where I could read up more on mining and if it would be worth building a mining rig using 6x 1050 TIs atm or if it isn't worth it anymore? (To mine ETH, ZEC and XMR)

First start by reading the forum rules
https://bitcointalk.org/index.php?topic=2415854.msg24714338#msg24714338

Then post in the altcoin section and read up on mining alt coins there.
Good Luck.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
MrGrimmer (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
December 24, 2017, 12:39:27 PM
 #4

Have u looked into PoS ones?

I haven't yet at all tbh, I'm still very new to mining and have just really begun reading up on the topic.  I'm currently just looking for information on whether it is still worth building a mining rig with 1050 TIs.
Boilc
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
December 24, 2017, 03:03:23 PM
 #5

Depend on your strategy. In my opinion, ETH could be a good choice. Other new coins like ETN, ITNS are not bad. Their value go up everyday. Start practicing with some coins before diving in, you can have a better idea.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!