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Author Topic: Mining rewards $$$ nothing  (Read 1681 times)
extrabyte
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November 04, 2015, 07:12:42 PM
 #21

When this topic was made the price was about 100 dollar or less than that at that time.

Now when the price reached almost 500 USD i think that mining is profitable and lucky miners Smiley

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fr4nkthetank
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November 11, 2015, 02:05:47 AM
 #22

OK my electricity is free and i i have no budget for buying things over a 100 dollards i just wanted to know if i could mine bitcoin with my gaming pc or is there an alternative where you could get bitcoin???

forget bitcoin, but open yourself to the altcoins !  with a gpu you can (even cpu) mine other coins, although you wont make much.  You will make more than btc.  maybe look at nicehash.com or something and see what you can get with the different algorithms besides sha (btc).

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November 11, 2015, 11:01:27 AM
 #23

The spike is looking to be rather short, and was way too small to affect trying to mine SHA256 coins with GPUs - we would have needed a spike into the MILLIONS PER BITCOIN to even get back into the ballpark.

 It WAS a nice bump to profits for those of us already mining profitable with ASIC machines, and might have gotten a few folks with older no-longer-profitable ASIC machines to manage a few extra $ profit out of some of those.

 It's going to be unfortunate for some folks that bought miners during the spike because they were convinced it was a lasting price change, but when the Bitcoin price goes back down under $300 they won't RoI their new hardware. Good for the manufacturers though.


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