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Author Topic: Suggestion for Mining BTC  (Read 1137 times)
oneidentity (OP)
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September 09, 2013, 03:25:23 PM
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I have access to unlimited raw power - 4~5KW approx.

I would love to mine BTC.  Grin Grin

Can someone help me with this??


I recently bought 5 BTC from Neteller>virwox. As pay in and pay out is very easy without losing too much in transactions. Kindly suggest if you have any better option for payout of the same INR. Roll Eyes Roll Eyes



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September 10, 2013, 04:59:03 AM
 #2

I have access to unlimited raw power - 4~5KW approx.

I would love to mine BTC.  Grin Grin

Can someone help me with this??


I recently bought 5 BTC from Neteller>virwox. As pay in and pay out is very easy without losing too much in transactions. Kindly suggest if you have any better option for payout of the same INR. Roll Eyes Roll Eyes





Well, you can always buy and sell on BuySellBitco.in

Cheers

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September 19, 2013, 01:19:19 PM
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I think trading btc is better idea
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September 19, 2013, 01:55:11 PM
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I think trading btc is better idea

Well mining is not dead yet and will never. The only thing changed is entry cost is much higher now.

This is not happening first time in mining. When mining economy changed from CPU -> GPU -> FPGA it was same environment. At that time we were talking about difficulty in thousands, now its millions. The thing is its game of % hash power you have. In  previous time you had few mega hundred mega hash in thousands denominated difficulty, now you have few hundred Giga hash in millions denominated difficulty. You still stand the same chance Smiley But as I have told you the entry barrier now is much tougher.
You must take mining very seriously and should be ready to invest heavily if you want to go ahead with it. You can not take mining as side income. Its full time job/business.

And Trading, its always good and you will always find market for that. It has its own advantages/disadvantages.

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