Bitcoin Forum
July 28, 2024, 08:20:20 PM *
News: Help 1Dq create 15th anniversary forum artwork.
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: How to start out with no Bitcoins  (Read 1189 times)
blackheart13
Sr. Member
****
Offline Offline

Activity: 426
Merit: 250


View Profile
December 29, 2013, 11:34:43 AM
 #21

It's shocking how quickly mining equipment becomes obsolete. Feel like 500gh/s needs to b starting point. However roi serious problem unless prices move up quick a bit
gambit1
Hero Member
*****
Offline Offline

Activity: 980
Merit: 508


View Profile
December 29, 2013, 02:34:12 PM
 #22

People will keep wanting to mine whatever the situation. They could be losing money (many are). Mining is just an attractive option for people, for whatever psychological reason.
tolguen
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
December 29, 2013, 06:16:34 PM
 #23

Looking at the current (and near future expected difficulties), getting a 1Th/s+ rig NOW and start mining (and selling coins on e.g. mtgox) seems very lucrative, no? At least calculating the most pessimistic way tells a machine of ~10000 USD will pay itself in max. 2 months.

Am I wrong?
Pages: « 1 [2]  All
  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!