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kidtriton
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Activity: 26
Merit: 0
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November 17, 2013, 08:54:54 PM |
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It will only do bitcoin and things that use sha256 only. For the next ~10 days it will make .004 btc per day and then less after that. That being said I ordered one months and months ago when it would have paid of itself in less than a month but still waiting for the order to be filled.
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flowgo (OP)
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Activity: 14
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November 17, 2013, 09:00:26 PM |
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ok thanks - so really that type of machine is now pretty much useless for mining bitcoins?
What type should be used for Litecoin and Feathercoin?
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smooth
Legendary
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Activity: 2968
Merit: 1198
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November 17, 2013, 09:01:16 PM |
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ok thanks - so really that type of machine is now pretty much useless for mining bitcoins?
What type should be used for Litecoin and Feathercoin?
For scrypt coins you need a GPU. Many people seem to be using 7970s now. |
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realitycheck
Member
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Activity: 85
Merit: 10
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November 17, 2013, 09:37:14 PM |
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I cancelled my Jalepeno order and bought mining power from CEX.io. |
CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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flowgo (OP)
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Activity: 14
Merit: 0
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November 17, 2013, 09:41:21 PM |
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Funny I just signed up there. Seems only way to fund account is with BTC?
I can't see how to fund with GBP or USD?
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realitycheck
Member
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Activity: 85
Merit: 10
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November 17, 2013, 09:54:19 PM |
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Yes you need to buy BTC elsewhere such as localbitcoins.com.
Happy to help you through it if you need it.
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CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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Xian01
Legendary
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Activity: 1652
Merit: 1067
Christian Antkow
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November 17, 2013, 10:10:47 PM |
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flowgo (OP)
Newbie
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Activity: 14
Merit: 0
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November 17, 2013, 10:12:56 PM |
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Yes you need to buy BTC elsewhere such as localbitcoins.com.
Happy to help you through it if you need it.
What is the minimum BTC one really needs to get started on CEX? |
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BitcoinBarrel
Legendary
Offline
Activity: 2021
Merit: 1030
Fill Your Barrel with Bitcoins!
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November 18, 2013, 01:04:31 AM |
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You can buy shares for as little as like .00001 btc I think.
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LightningBlade
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November 18, 2013, 06:24:39 AM |
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Not worth buying... wait for better gen 2 miners..
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realitycheck
Member
Offline
Activity: 85
Merit: 10
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November 18, 2013, 07:48:54 AM |
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Yes you need to buy BTC elsewhere such as localbitcoins.com.
Happy to help you through it if you need it.
What is the minimum BTC one really needs to get started on CEX? No minimum - and no trading fees. So lots of fun to be had. |
CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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LightningBlade
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November 18, 2013, 12:41:27 PM |
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Yes you need to buy BTC elsewhere such as localbitcoins.com.
Happy to help you through it if you need it.
What is the minimum BTC one really needs to get started on CEX? There is no minimum but its not worth it... Use the calculator and set it at 120% difficulty increment... |
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fattypig
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November 18, 2013, 01:51:22 PM |
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Not good, check out cointerra... they are coming out with really awesome TH miners... |
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Frozenace
Member
Offline
Activity: 81
Merit: 10
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November 18, 2013, 02:16:42 PM |
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I'm supposed to be getting a delivery of 3 jalapenos this week... oh well, better something than nothing.
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waltermot321
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November 18, 2013, 02:31:47 PM |
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Erm, that Bitcoin miner is only for Bitcoin mining, it won't work on Litecoin or Feathercoin but it might work on other Sha-256 alt-coins.... |
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Frozenace
Member
Offline
Activity: 81
Merit: 10
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November 18, 2013, 03:26:06 PM |
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We're still waiting for scrypt asics to come out in force...
If you like litecoin or feathercoin, just buy them on the exchanges...
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braytz
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November 18, 2013, 06:04:13 PM |
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Is one of these going to be any good to mine bitcoin, litecoin or feathercoins?
no |
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hulk
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November 19, 2013, 12:23:58 AM |
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ok thanks - so really that type of machine is now pretty much useless for mining bitcoins?
What type should be used for Litecoin and Feathercoin?
Either GPU or FPGA (still in development and ready for pre-order). CPU too but it would not be good... |
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shwoop
Newbie
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Activity: 43
Merit: 0
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November 19, 2013, 01:58:09 AM |
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My sides. Feel free to buy one as a conversation piece to use over Christmas as it will no doubt help you ingratiate others into the Bitcoin but please search the forums and you will see why this is a terrible investment if you intend to make money. (That said, I do get tempted by FPGA sales on ebay as a they would make a nice collectors item) |
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