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Author Topic: Starting mining.  (Read 507 times)
demonmaestro
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Mining for the hell of it.


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March 21, 2013, 09:39:46 AM
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I know this ain't the right section for posting about mining but its the only area that I can post in Undecided  so on that note here's a few questions that I have.

1) I have a few servers laying around I know they don't have a decent GPU due to onboard graphics but is running duel quad core Xeon processers  could they me used for mining?

2) due to GPU mining becoming more difficult is it worth mining at all?

3) kinda apon the last question. Due to this time of age of bitcoin is it worth spending the money and time investing in mining bitcoins?

Kinda also come to think about It this is kinda a good boobies guide for someone who wants to start off.


Sorry for spelling or any other odd mistakes. typing this all from a "smart" phone can be a interesting challenge at times. lol Cool

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topelius
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March 21, 2013, 10:21:25 AM
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1) I have a few servers laying around I know they don't have a decent GPU due to onboard graphics but is running duel quad core Xeon processers  could they me used for mining?

2) due to GPU mining becoming more difficult is it worth mining at all?


1) No. Server computers are not good for mining, because lack of hi-end GPU:s

2) GPU mining is still profitable, if you already have high-end graphic cards. But I think that it's not good idea to invest GPU:s just now because of ASIC
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March 21, 2013, 10:25:58 AM
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1) I have a few servers laying around I know they don't have a decent GPU due to onboard graphics but is running duel quad core Xeon processers  could they me used for mining?
Could they? Yes. Should they? Hell, no. Don't even dream about CPU mining if you hope to make a profit.

2) due to GPU mining becoming more difficult is it worth mining at all?
Not unless you have extremely cheap electricity and/or an ASIC/FPGA.

3) kinda apon the last question. Due to this time of age of bitcoin is it worth spending the money and time investing in mining bitcoins?
Who knows. It is impossible to predict future difficulty or future prices, so what's profitable now might not be profitable in a few months (and vice versa). As with any investment, there are risks involved.

Kinda also come to think about It this is kinda a good boobies guide for someone who wants to start off.
I recommend Penthouse. You can't go wrong with the classics. Grin

...oh, wait, you mean a newbies guide. Try startbitcoin.com.

Sorry for spelling or any other odd mistakes. typing this all from a "smart" phone can be a interesting challenge at times. lol Cool
Indeed.

Will pretend to do unverifiable things (while actually eating an enchilada-style burrito) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
demonmaestro
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Mining for the hell of it.


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March 21, 2013, 10:44:47 AM
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hmm maybe i should prof read befor i hit post...

anyone really familure with the pci-x expansion slots and what cards they all accept?

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March 21, 2013, 01:15:21 PM
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I started mining on a Virtual Machine

Not good performance but mined a few coins

 Tongue

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March 21, 2013, 01:31:54 PM
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hmm maybe i should prof read befor i hit post...

anyone really familure with the pci-x expansion slots and what cards they all accept?

Not an ATI Radeon HD 5xxx - 7xxx, which is the only GPU that makes sense to mine with.

You could also just buy 2 BTC and have it double in value before a GPU costing 2 BTC would earn you back your investment.
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