jadedice (OP)
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April 09, 2013, 10:43:53 PM |
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Hello everyone,
Sorry for my noobiness, I just learnt about bitcoin, and I have been reading around and so excited to join this forum! I have a rig at home (AMD Phenom II X4 965 Black Edition processor and an ATI 5770 graphics card ) that I occasionally use for cad, but I was wondering if I could use it to mine bitcoin. I don't pay for electricity where I stay so that should not be an issue.
What would be the best way to mine bitcoin? Should I mine other alternatives like Litecoin or something else?
Thanks,
Jade
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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vm1990
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April 09, 2013, 11:33:56 PM |
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if electricity is free then its worth doing the best way is doing a bit of research around the forums find a nice easy guide you can follow or look at mining.bitcoin.cz and follow there help guids
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jadedice (OP)
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April 09, 2013, 11:46:15 PM |
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Thanks!
What gives the best rate of return based on time given my hardware configuration? Bitcoin, Litecoin or something else?
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Welsh
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April 09, 2013, 11:54:05 PM
Last edit: June 01, 2014, 12:32:36 PM by Welsh |
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You can check how much profit you would earn online, theres a mining calculator which saves a lot of head work. However I think mining bitcoin with that hardware will be unprofitable, I could be wrong. Bitcoin mining calculator: http://www.bitcoinx.com/profit/ |
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vm1990
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April 09, 2013, 11:55:23 PM |
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go with either bitcoin or litecoin theyll both make a little bit of money but dont expect to get rich anytime soon you might have a fair graphics card but you along way off what miners use if i where you id use guiminer as its pretty simple to set up and run. to find it google it and lfor the link going back to this forum
youll make around 0.05 bitcoins a day and maybe 3or4 litecoins
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jadedice (OP)
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April 10, 2013, 07:57:47 PM |
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Thanks, what is the current price for litecoins? Which allow me to make more in the long run?
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avulhop
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April 10, 2013, 08:31:43 PM |
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dustcoin.com/mining
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nebulus
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April 10, 2013, 08:34:38 PM |
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Sell it at coingig.com
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Luno
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April 10, 2013, 08:39:25 PM |
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Throw it out the window at an old lady. Get a million views on YouTube, Earn $20.000 in adds.
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inter5
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April 10, 2013, 09:17:16 PM |
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Throw it out the window at an old lady. Get a million views on YouTube, Earn $20.000 in adds.
If only you could mine youtube views... |
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