bumpusee
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Activity: 79
Merit: 10
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January 30, 2014, 08:31:28 AM |
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Sonny
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January 30, 2014, 08:35:27 AM |
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I learned that in a whole month I could make 0.00102704 BTC with my computer.
No, you could not. Difficulty will rise every 2016 blocks (~12-14 days) and your revenue will drop. I want to go at 1.2 GH/s to generate a good amount of bitcoins a month. But is making a mining Rig worth it? I don't plan to Buy bitcoins, I plan to mine them.
No. You wouldn't get a good amount of bitcoin with 1.2 GH/s. No. It doesn't worth it. |
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byt411
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January 30, 2014, 04:20:41 PM |
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I learned that in a whole month I could make 0.00102704 BTC with my computer.
No, you could not. Difficulty will rise every 2016 blocks (~12-14 days) and your revenue will drop. I want to go at 1.2 GH/s to generate a good amount of bitcoins a month. But is making a mining Rig worth it? I don't plan to Buy bitcoins, I plan to mine them.
No. You wouldn't get a good amount of bitcoin with 1.2 GH/s. No. It doesn't worth it. Mine scrypt, a lot more profitable. |
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Sonny
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February 01, 2014, 10:34:34 AM |
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I learned that in a whole month I could make 0.00102704 BTC with my computer.
No, you could not. Difficulty will rise every 2016 blocks (~12-14 days) and your revenue will drop. I want to go at 1.2 GH/s to generate a good amount of bitcoins a month. But is making a mining Rig worth it? I don't plan to Buy bitcoins, I plan to mine them.
No. You wouldn't get a good amount of bitcoin with 1.2 GH/s. No. It doesn't worth it. Mine scrypt, a lot more profitable. Yup, with GPU, you should better mine scrypt coins. |
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Shodanime
Newbie
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Activity: 1
Merit: 0
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February 01, 2014, 02:21:50 PM |
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I also have a question i am thinking on buying a 38gh for 380 do you think it would be worth buying. also at my location i dont pay for electricity.
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Sonny
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February 01, 2014, 06:15:47 PM |
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I also have a question i am thinking on buying a 38gh for 380 do you think it would be worth buying. also at my location i dont pay for electricity.
If you can get the hashrate right now, it could be profitable, especially you don't need to pay for electricity... If it is a pre-order and the delivery is expected to be done months later, forget it... FYR: Mining profit calculator: https://cex.io/calc |
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oxfardk
Member
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Activity: 70
Merit: 10
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February 03, 2014, 03:01:29 AM |
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YoungBitcoinMiner it's better to build a "mining Rig" if you do plan to mine Bitcoin exclusively.
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byt411
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February 03, 2014, 07:18:57 AM |
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YoungBitcoinMiner it's better to build a "mining Rig" if you do plan to mine Bitcoin exclusively.
It will never break even. |
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Sonny
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February 03, 2014, 11:23:48 AM |
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YoungBitcoinMiner it's better to build a "mining Rig" if you do plan to mine Bitcoin exclusively.
It will never break even. Exactly. It is better to build GPU rigs for scrypt coin mining. Or, simply buy bitcoin/litecoin directly. |
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byt411
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February 03, 2014, 05:08:34 PM |
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YoungBitcoinMiner it's better to build a "mining Rig" if you do plan to mine Bitcoin exclusively.
It will never break even. Exactly. It is better to build GPU rigs for scrypt coin mining. Or, simply buy bitcoin/litecoin directly. Depends if you want to earn more money (BTC) or more useless pieces of paper ("REAL MONEY") |
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freakdiablo
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Activity: 12
Merit: 0
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February 03, 2014, 06:36:49 PM |
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Honestly, I think you will make more profit just by buying and holding Bitcoins.
my 2 cents
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Fiyasko
Legendary
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Activity: 1428
Merit: 1001
Okey Dokey Lokey
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February 03, 2014, 06:45:21 PM |
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Honestly, I think you will make more profit just by buying and holding Bitcoins.
my 2 cents
I really hate reading this but it's has a much higher chance of yeilding profit than buying mining gear does. I spent $1000 on mining gear and i only have 20gh/s to show for it. Which gets me about $3.5 a day (after elec costs) Think of it this way, your not mining to earn money, your mining to gain some of the limited supply of bitcoins which in the future MAY be worth alot of money |
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crocko
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February 03, 2014, 07:20:53 PM |
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Consider to buy Bitcoin instead of investing in mining gear.
More safe, more profit !
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freakdiablo
Newbie
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Activity: 12
Merit: 0
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February 03, 2014, 07:29:24 PM |
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Honestly, I think you will make more profit just by buying and holding Bitcoins.
my 2 cents
I really hate reading this but it's has a much higher chance of yeilding profit than buying mining gear does. I spent $1000 on mining gear and i only have 20gh/s to show for it. Which gets me about $3.5 a day (after elec costs) Think of it this way, your not mining to earn money, your mining to gain some of the limited supply of bitcoins which in the future MAY be worth alot of money You really need to mine altcoins. profitability of LTC or Doge is MUCH MUCH higher. Seriously. |
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