Bitcoin Forum
May 11, 2024, 04:01:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: need advice  (Read 572 times)
pandemic (OP)
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
October 02, 2013, 05:39:37 AM
 #1

I'm finding myself floundering so I felt it necessary to seek advice. I'm afraid my mining days are numbered. There are a few factors that have really boned me. First, Bitlc.net went down and didn't pay out for a large number of people. That set me back. Then in February I spent 26ish btc on a 30gh/s miner from BFL. I've not yet received it and at this point it can only churn out .1btc per day. I'm not sure I'll ever break even on it before the difficulty goes too high for it to continue mining.

So now I'm wondering how to turn things around so that I can get more btc to buy an up and coming miner, be it the monarch or some other 2th/s miner from company x,y, or z.

What do you guys think?
1715400102
Hero Member
*
Offline Offline

Posts: 1715400102

View Profile Personal Message (Offline)

Ignore
1715400102
Reply with quote  #2

1715400102
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715400102
Hero Member
*
Offline Offline

Posts: 1715400102

View Profile Personal Message (Offline)

Ignore
1715400102
Reply with quote  #2

1715400102
Report to moderator
HellDiverUK
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 501



View Profile
October 02, 2013, 09:40:27 AM
 #2

There's other SHA256 coins out there, other than BTC.  If you're in to hedging your bets, you could mine some of them and they might be worth a bit sometime.  It really is a waiting game, though.
os2sam
Legendary
*
Offline Offline

Activity: 3578
Merit: 1090


Think for yourself


View Profile
October 02, 2013, 10:19:31 AM
 #3

I think there are better reasons to mine then just a quick ROI.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
pandemic (OP)
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
October 02, 2013, 02:48:51 PM
 #4

Not focusing on ROI but I'm not wealthy enough to afford to throw money away into bitcoin. I love mining and I love learning more about cryptocurrencies. I can't afford to pay for it as a hobby though.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!