Bitcoin Forum
December 18, 2017, 07:30:13 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: New to Bitcoin  (Read 569 times)
mgauffin
Member
**
Offline Offline

Activity: 105


View Profile
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
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513582213
Hero Member
*
Offline Offline

Posts: 1513582213

View Profile Personal Message (Offline)

Ignore
1513582213
Reply with quote  #2

1513582213
Report to moderator
1513582213
Hero Member
*
Offline Offline

Posts: 1513582213

View Profile Personal Message (Offline)

Ignore
1513582213
Reply with quote  #2

1513582213
Report to moderator
IceDiceFox
Jr. Member
*
Offline Offline

Activity: 42

ice-dice.com Support and more


View Profile WWW
October 31, 2013, 02:11:23 PM
 #2

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
Newbie
*
Offline Offline

Activity: 9


View Profile
October 31, 2013, 02:52:36 PM
 #3

Yeah, probably not worth the investment.
mgauffin
Member
**
Offline Offline

Activity: 105


View Profile
November 01, 2013, 04:45:21 PM
 #4

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
Legendary
*
Offline Offline

Activity: 1498


View Profile WWW
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.

           ▄▄▄███████▄▄▄
       ▄▄█████████████████▄▄
     ▄████▀▀           ▀▀████▄
    ███▀                   ▀███
   ███   ███           ███   ███
  ███     ███         ███     ███
 ███       ███       ███       ███
 ███     ██████     ██████     ███
 ███        ████   ████        ███
 ███     █████████████████     ███
 ███         ███▄ ▄███         ███
  ███         ███████         ███
   ███▄        █████        ▄███
    ████▄       ███       ▄████
     ▀█████▄▄         ▄▄█████▀
       ▀▀█████████████████▀▀
            ▀▀███████▀▀
   25X FASTER THAN BITCOIN, LIGHTNING NETWORK & ATOMIC SWAPS  
   TWITTER          TELEGRAM          REDDIT          DISCORD          MEDIUM          LINKEDIN  
           ▄▄▄███████▄▄▄
       ▄▄█████████████████▄▄
     ▄████▀▀           ▀▀████▄
    ███▀                   ▀███
   ███   ███           ███   ███
  ███     ███         ███     ███
 ███       ███       ███       ███
 ███     ██████     ██████     ███
 ███        ████   ████        ███
 ███     █████████████████     ███
 ███         ███▄ ▄███         ███
  ███         ███████         ███
   ███▄        █████        ▄███
    ████▄       ███       ▄████
     ▀█████▄▄         ▄▄█████▀
       ▀▀█████████████████▀▀
            ▀▀███████▀▀
hashcashcow
Newbie
*
Offline Offline

Activity: 14


View Profile
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
Sr. Member
****
Offline Offline

Activity: 320


View Profile
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
Sr. Member
****
Offline Offline

Activity: 320


View Profile
November 01, 2013, 09:20:50 PM
 #8

Hello all.
What about other sha256 coins. Which coin is best to mine with my 6 BE?
CryptoJunky
Sr. Member
****
Offline Offline

Activity: 252



View Profile WWW
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
Sr. Member
****
Offline Offline

Activity: 320


View Profile
November 01, 2013, 09:27:26 PM
 #10

Hello all.
What about other sha256 coins. Which coin is best to mine with my 6 BE?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!