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Mining monero Question. Buying a Rig today
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Topic: Mining monero Question. Buying a Rig today (Read 282 times)
diabloykiss
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Mining monero Question. Buying a Rig today
November 02, 2017, 01:16:18 PM
#1
Hello I'm hyped. After reading here for a while and seeing the new Vegas setup (1980H/s @ ~145W per V64) I'm seriously thinking in jumping to monero mining and getting a full rig with 4 cards. It would cost me around 2600€ and I get 4coins a month NOW. My fear is that difficulty increases and my profit goes missing. Do you think its a good idea for investing or ist just better to straight up buy the coins? I really would like to start mining thou.
fr4nkthetank
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Now the money is free, and so the people will be
Re: Mining monero Question. Buying a Rig today
November 02, 2017, 01:30:02 PM
#2
If you are interested in mining, then go for it. Get your parts cheap and maybe just buy one GPU to start off. Then with the profits or if it looks good, add some GPU's to the rig. Does it make more money than buying coins ? Yes, but if the coins shoot up 1 month after you bought your rig, then no.
Sev18
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Re: Mining monero Question. Buying a Rig today
November 02, 2017, 01:51:25 PM
#3
Just considering monero mining and its increasing difficulty, buying coin is right.
But there are some potentials of new POS coins which brings you additional profit + mining is fun. Try it.
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https://bitcointalk.org/index.php?topic=2041971
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laineux
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Re: Mining monero Question. Buying a Rig today
November 02, 2017, 01:55:27 PM
#4
Monero transaction fees are too expansive... About 1 or 3 ct per transaction.
I don't understand why this coin is so mined...
diabloykiss
(OP)
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Re: Mining monero Question. Buying a Rig today
November 02, 2017, 03:53:46 PM
#5
ok thanks for the tips.
Would it be possible to mine with a usb stick? I have a place to plug in the Rig but there is no internet there. I just saw 12gb a month 500mbit speed it should be enough right? It costs like 25 a month and I could mine there not paying electricity
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