I'm new to mining bitcoins

[Sharm]

Pretty tech savy so I know what I'm doing around computers, however...I've been running guiminer it's getting 55 khash/s

Ok I know that's really slow, but I've done my research and I've seen people get something off that speed, I've got literally nothing

Been running guiminer for a good 5 hours now

Anyone got any help? Tips on how to increase speed?

[byt411]

Here is my advice:
55kh/s on BitCoin is simply unprofitable. Stop mining. Either get some real mining equipment or suffer your electricity bills. For Bitcoin, you need at least a GH/s, which is about 20x your speed.

[Sharm]

Here is my advice:
55kh/s on BitCoin is simply unprofitable. Stop mining. Either get some real mining equipment or suffer your electricity bills. For Bitcoin, you need at least a GH/s, which is about 20x your speed.

I don't pay the electricity bills the computer is based outside my house within another building, so that's not a problem for me, I just realised that I was getting connection problem from console summery, will uninstall my gpu and install again

[byt411]

Here is my advice:
55kh/s on BitCoin is simply unprofitable. Stop mining. Either get some real mining equipment or suffer your electricity bills. For Bitcoin, you need at least a GH/s, which is about 20x your speed.

I don't pay the electricity bills the computer is based outside my house within another building, so that's not a problem for me, I just realised that I was getting connection problem from console summery, will uninstall my gpu and install again

Even if you don't pay electricity bills, 55kh/s on SHA-256 earns you BTC0.00000198 per month, which equals to 0.001235 USD.
I have no idea why you are even mining. That is not profit, that is less than dust.

[jeppe]

This is not going to work if at all you should be mining LTC not bitcoin. However, you should get some better gpus or asics.
Good luck,
JT

[kthejung]

You're probably better off looking for pennies to pick up off the street...  However, if you are doing it for the learning experience then keep doing what you do.

[DSL]

Pretty tech savy so I know what I'm doing around computers, however...I've been running guiminer it's getting 55 khash/s

Ok I know that's really slow, but I've done my research and I've seen people get something off that speed, I've got literally nothing

Been running guiminer for a good 5 hours now

Anyone got any help? Tips on how to increase speed?

This Cloud Mining Bitcoin 24/7 auto, no hardware needed 1 GHS = 0.012 BTC
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