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woolybit
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January 28, 2013, 07:58:56 AM
 #1

New here,new too bitcoins,although i have done my research!


whats the best way too get hold of some bitcoins,buy? mine?


i can only cpu mine as my laptop is prety old...



any tips would be apriciated
 Thanks!
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John (John K.)
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January 28, 2013, 08:00:08 AM
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CPU mine? BUY!
Mining for bitcoins isn't worth it unless you have an ASIC or power-sipping FPGA.

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woolybit
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January 28, 2013, 08:03:34 AM
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coool! thats what i thought,cpu is prety slow from what i have heard?

what would it cost to set up a mining set up that ure talking about?and is it profitible?
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January 28, 2013, 08:10:50 AM
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coool! thats what i thought,cpu is prety slow from what i have heard?

what would it cost to set up a mining set up that ure talking about?and is it profitible?
It's not pretty slow - it's practically not feasible. Mining a month 24/7 using the CPU might net you a couple of pennies, or next to nothing. On the FPGA and ASIC topic, please do a search around and read some stuff up. It's not that profitable like what you might think of.

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January 28, 2013, 08:12:26 AM
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if you believe in btc future buy.
If asic fail then gpu mine and buy.
woolybit
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January 28, 2013, 08:15:19 AM
 #6

cool thankyou for your advice will look around,

if i was too buy some bitcoin's i was thinking about investing them with btcjam an becoming a invester

though the intrest rates seem [prety low,

anyone know if btc jam is profitible from a investers point of view?
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January 28, 2013, 01:16:15 PM
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You should be able to just buy some bitcoins and watch the BTC to USD rate rise, which means in terms of USD you are making money.
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January 28, 2013, 01:26:32 PM
 #8

If you want bitcoins, you buy them. Mining isn't exactly profitable these days. And it makes sense, it if is, then more people would start mining! Especially since mining isn't a get rich quick scheme.

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January 29, 2013, 10:32:56 AM
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I'd say if you have cheap or free power, then mine. It will take awhile for you to get a decent amount of coins, but it will come w/ a profit. Fastest way is to buy from an exchange site or an exchanger.
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