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Author Topic: newbie questions  (Read 373 times)
fodaze (OP)
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September 25, 2013, 11:39:06 AM
 #1

Hello everyone!

I'm really new in this bitcoin thing but I want to start asap.
I was looking at the dificulty levels and wondering if I can get a good return on this machine http://cointerra.com/product/terraminer-ii-1ths-networked-miner-january-batch/ because it seems to me a really nice price.

I don't want any super fast return but I just don't want to waste my money.

Since I'm super new at this I have some questions:

Is it worth the investment?

  yes? then should I mine solo or join a pool?

  no? then what are my options and why?

Thanks everyone!
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Beymond
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September 25, 2013, 11:41:42 AM
 #2

join a pool
Anon135246
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September 25, 2013, 12:08:02 PM
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You should look into mining alt-coins
fodaze (OP)
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September 25, 2013, 01:17:00 PM
 #4

Thanks for the answers everyone!

You should look into mining alt-coins

why is that? do you think there is not enough space for another miner? I thought that 1th/s was pretty good, specially for a beginner. And are there any established coins out there?


join a pool

yeah I also think that's the better alternative.
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