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mgauffin
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October 31, 2013, 02:03:00 PM
 #1

Hello all!

My name is Mikael and i am new to his Bitcoin thing.
I am really psyched about the possibilities that a virtual currency can have and im currently having like 30+ tabs open with free faucets and several alarms so i know when to update them!
hehe probably a bit of a waste of time but since im trying to study at the same time i cant be mining as my computer makes too much noice Smiley

Im gonna go through this forum as much as i can and find out the answer to my questions since they're answered somewhere else likely (like 100% chance)
But i'll post one just so someone might be inclined to post here and say hi back to me Smiley

Im thinking about mining during the night, so ~7h per 24h. is that even gonna make a difference? im at 4MH/s. or will it cost me more in the electricity bill than i make from the mining?

Regards
/Mikael
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IceDiceFox
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October 31, 2013, 02:11:23 PM
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Mining will cost you more in electricity than you will make. At this point, if you want to mine, you need very specialized hardware

Jandur
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October 31, 2013, 02:52:36 PM
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Yeah, probably not worth the investment.
mgauffin
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November 01, 2013, 04:45:21 PM
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Ok thank you very much for your replies. I read up on mining on this forum and it seems not even mining with proper equipment is worth it now, or at least tough, so im not gonna attempt it.
So i guess buying bitcoin for real money and 200 satoshi's spamming is the way to go.
TheNewAnon135246
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November 01, 2013, 04:56:53 PM
 #5

Welcome to the forums. Mining at 4 Mh/s will only cost you money. You could buy bitcoin, try gambling, sell goods for btc etc.

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hashcashcow
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November 01, 2013, 08:03:00 PM
 #6

well at the current rate of $200+ per bitcoin i dont think electric costs make that much of a diff lol
getwork
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November 01, 2013, 09:14:12 PM
 #7

Hello all.
What about other sha256 coins. Which coin is best to mine with my 6 BE?
getwork
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November 01, 2013, 09:20:50 PM
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Hello all.
What about other sha256 coins. Which coin is best to mine with my 6 BE?
CryptoJunky
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November 01, 2013, 09:22:16 PM
 #9

Best alt coin to mine depends. You can check dustcoin for the most profitable:

http://dustcoin.com/

If its all the same Peercoin (PPC) shows more long term promise than most others.

getwork
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November 01, 2013, 09:27:26 PM
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Hello all.
What about other sha256 coins. Which coin is best to mine with my 6 BE?
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