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Author Topic: Best way to get bitcoins?  (Read 1241 times)
asherp
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March 11, 2013, 02:09:21 AM
 #21

If you're going to start mining, make sure you understand the cost of the electricity you'll be using and the equipment you'll be buying. You could easily end up losing more than you would if you had just bought bitcoins directly.
comlink
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March 13, 2013, 08:01:58 AM
 #22

I would like to hear this too.
kingcoin
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March 13, 2013, 09:04:04 AM
 #23

it too late to mine for coin right now,

Why is it too late?
Ivica
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March 13, 2013, 09:06:20 AM
 #24

it too late to mine for coin right now,

Why is it too late?


It is late to mine bitcoins, unless your electricity fee is "free of charge", but one may try litecoin mining and exchanging it for bitcoins. http://dustcoin.com/mining

19e3fcoLTu8YVFAU1NywJ88YnHH5kF8ScP - donations are welcome.
xephireusMMX
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March 13, 2013, 09:27:44 AM
 #25

it too late to mine for coin right now,

Why is it too late?


It is late to mine bitcoins, unless your electricity fee is "free of charge", but one may try litecoin mining and exchanging it for bitcoins. http://dustcoin.com/mining

You also have to consider reduced living of your GPU when mining. Even with "free" electricity i will stop mining soon after difficulty climbs a bit more, not worth the risk of buying new GPU due to malfunction ...

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BitHits
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March 13, 2013, 10:26:17 AM
 #26

Use www.BitHits.info to get free BTC Tongue Not the best or the fastest way, but a way nonetheless.

Free BTC http://beta.BitHits.info BTC 1DNNERMT5MMusfYnCBfcKCBjBKZWBC5Lg2 DGC DH2Pm4VXxsTeqUYZkEySU1c8p5TLvuLe8u LTC LP2QiL1pnsaKVX5Qa811pFJuFL8FxkxWRz
bkk2090
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March 13, 2013, 11:10:47 AM
 #27

Unless you have a LOT of GPUs running mining is usually actually costing you more than you are making, and those free bitcoin things would take like a year to get enough to buy anything at all.
kingcoin
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March 13, 2013, 11:41:36 AM
 #28

So it's not too late if you have access to computing resources (GPU/FPGA/ASIC) + electricity which is less than the BTC mining rate...
Gator-hex
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March 13, 2013, 12:12:23 PM
Last edit: March 13, 2013, 12:25:51 PM by Gator-hex
 #29

At current bitcoin prices $40-50 you can still cover your electricity bill with graphics cards but this may not last much longer.

Use http://www.bitcoinx.com/profit/ to predict your costs and profit.

Ati 5830 cards are probably the cheapest they mine as fast as my 7850s (but use a bit more electricity)

RTaki
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March 13, 2013, 01:07:00 PM
 #30

Just buy them..
screamingservers
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March 13, 2013, 01:42:26 PM
 #31

Pooled mining works with spare resources. I have a 6990 (about $400 on ebay) running phoenix 2 on win 7 with aggression at 3 and barely notice it running all day while I am at work. My fan is at 30percent right now and I am getting about .07bc/day. Currently that is about $3/day . I just cashed in my btc from the last year for about $700. Although most were earned while difficulty were lower, this was only a part time rig.

What do you think the best way to get bitcoins is?

Is it mining solo for a year or joining a pool?

Or is it doing random surveys that steal your info?

EDIT: Without using any money generated not by bitcoins
xisnotx
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March 14, 2013, 07:27:37 AM
 #32

Second wave...i'd say. No way to compete against miners.
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