trevos (OP)
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July 12, 2013, 12:19:14 PM |
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Hello,
I wanted to mine some bitcoins, but is it still profitable now?
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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ldcnxaag
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July 12, 2013, 01:11:29 PM |
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Hello, also new here!  To answer your question (even though there is lots of info about this in the forum, read here: https://bitcointalk.org/index.php?topic=15918.0), it could be profitable if you have powerful mining equipment right NOW! Difficulty increases every now and then and eventually you'll need quite a lot of hashing power to be able to profit from it. Here is a profit calculator: http://www.bitcoinx.com/profit/ |
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Wubwig
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July 12, 2013, 04:13:31 PM |
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I feel like mining is best left to 'professionals' who can afford a big powerful rig, otherwise it just seems like a waste of time...
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medinscot
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July 12, 2013, 05:02:27 PM |
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Hello,
I wanted to mine some bitcoins, but is it still profitable now?
It depends on how much you are prepared to invest "now". |
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ryhan
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July 12, 2013, 05:08:10 PM |
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I hope so as im planning to to invest around £3-5k into an asic mining rig.
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PenS
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July 12, 2013, 05:17:14 PM |
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Like any investment you need to weigh your risks rewards. What I am doing is purchasing as they continue to fall... however I am also investing heavily in rigs. Either build your own or search here on the forum to read reviews on companies that are building/selling them.
Best for luck... it is still extremely new and a needed source outside of the over regulated financial industry!
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PhilJon
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July 12, 2013, 05:35:46 PM |
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I agree with @PenS... it would be nice if someone came up with a ROI calculator though. Would make it pretty easy to see how long it "should" take to recoup your investment.
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sifuhall
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July 12, 2013, 05:42:12 PM |
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I'm in the market for a decent rig as well.
I currently have a single Block Erupter with 4 more on the way and I also have 10 BFL Jalapenos that may ship one of these days.
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Moneymaker1990
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July 12, 2013, 05:42:55 PM |
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I have 3 BlockEruptors, very nice for what they are.
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clearcrystal
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August 01, 2013, 08:46:44 PM |
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currently only with ASICS
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Litecoin4me
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August 02, 2013, 11:28:45 AM |
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Yes it is profitable.
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clearcrystal
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August 02, 2013, 11:42:53 AM |
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And welcome by the way!
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sr_miner
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August 02, 2013, 12:19:29 PM |
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Welcome on the board  and yes it is profitable... |
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