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Author Topic: New to bitcoin Mining!  (Read 519 times)
s0lid (OP)
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August 07, 2013, 06:59:59 PM
 #1

Hi,

Im new to bitcoin mining and wamted tp learn more. Im using cpuminer on a deidcated server. It's a quad core proc so im using all of it for mining. I have a lot of question about mining pool.

Hope someone can help! thanks!
zulufields
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August 07, 2013, 07:43:38 PM
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Really not worth mining bitcoin on a CPU, have you looked at the other coins ? Yacoin is good for CPU mining.

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s0lid (OP)
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August 08, 2013, 12:56:35 AM
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Not yet. Can it be converted to bitcoin? Are those USB Asic worth it?
monbux
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August 08, 2013, 02:13:00 AM
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Not yet. Can it be converted to bitcoin? Are those USB Asic worth it?

Depends if you're going to mine hardcore or just going to mine as a hobby...  You'll need tons of ASIC USB miners in order to actually see some profit.
astutiumRob
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August 08, 2013, 02:51:09 AM
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You'll need tons of ASIC USB miners in order to actually see some profit.
How can the number of USB miners change whether you see any profit ?

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s0lid (OP)
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August 08, 2013, 06:55:31 AM
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Not yet. Can it be converted to bitcoin? Are those USB Asic worth it?

Depends if you're going to mine hardcore or just going to mine as a hobby...  You'll need tons of ASIC USB miners in order to actually see some profit.

at start im going to mine as hobby so i'll have one of my desktop mine with a good GPU. But if im going full time miner what should be my setup to earn a profit?
ChrisB92
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August 08, 2013, 07:09:12 AM
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You'll need tons of ASIC USB miners in order to actually see some profit.
How can the number of USB miners change whether you see any profit ?


I think he meant that you'd need a lot of ASICs to make any worthwhile profit. Obviously the margin is the same regardless of how many you have. Smiley
BitcoinChick25
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August 08, 2013, 09:15:51 AM
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your not going to make much using a cpu miner.
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August 08, 2013, 09:24:51 AM
 #9

Hi,

Im new to bitcoin mining and wamted tp learn more. Im using cpuminer on a deidcated server. It's a quad core proc so im using all of it for mining. I have a lot of question about mining pool.

Hope someone can help! thanks!

You better use your GPU and mine some altcoin !

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