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Author Topic: Beginning my journey in bitcoin, looking for advice/ideas  (Read 42 times)
tassadaru
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April 27, 2018, 06:34:47 AM
Merited by Jet Cash (1)
 #1

Greetings everyone, and I hope you're having a wonderful day.

I started my journey in bitcoin like some of us did, last December, when bitcoin skyrocketed and I was in a FOMO state of mind.
I opened a wallet on blockchain.info, and activated all security features available, writing everything needed down and storing it securely offline.

I don't have any other coins, I am kinda frustrated for not investing in Ethereum when it first was advertised, and of course in Bitcoin when it all started.
I saw and read about both cryptos, but I was just *MEH* and moved on to other pastures.

I bought some hashrate on Hashflare, not much, I invested what I was prepared to lose. But with the increase of difficulty and fall of bitcoin price, I know I will never get ROI, so I will wait until my contracts run out and hopefully withdraw what is mined until then.
At the same time, I started mining using my gaming PC on NiceHash, where profitability has gone a bit up this month, not so much during February-March. But I kept on mining, because I was still getting payouts (even if not much) in bitcoin, which will accumulate over time.
On another PC, I was doing CoinPot faucets in my spare time.

My gaming PC is an AMD Ryzen 7 1800X 3.9GHz CPU (no 4.0GHz *sigh*), 32GB DDR4 3200MHz, and a GTX 1080 OC WindForce 3X from Gigabyte.
On NH, my CPU does somewhere around 0.0001 BTC/day after the CryptoNightV7 fork, and my GPU does anywhere from 0.0002 to 0.0003 BTC/day with various algos.

So, to get to the point of my post:

I am looking for advice or ideas on how I can improve my income via mining, or any other means, so that I could earn more bitcoin in the long run.
Any advice is appreciated, and I can give more exact technical info if you wish after I get home, this post being redacted from work.

Have a nice day, everyone!
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OgNasty
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April 27, 2018, 06:44:14 AM
Merited by figmentofmyass (1)
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www.whattomine.com is a good place to start.

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April 27, 2018, 06:51:20 AM
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www.whattomine.com is a good place to start.

Welcome to Bitcoin Talk, and thanks for that introductory post. I gave you a merit to encourage you to keep making good posts about your progress ( hopefully not about bounty hunting Smiley ).

You might like to look at the mining section here, There are some very knowledgeable miners amngst the members.

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