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Author Topic: minimum hardware specs for mining  (Read 4791 times)
ALToids
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July 12, 2014, 07:52:38 AM
 #21

Bitcoin is no longer easy a cheap coin to get into for mining, if you have decent GPU's there are a couple coins you can turn to and some CPU coins but Bitcoin REQUIRES Asic and if you want to ever make and ROI it is 400$ minimum to try and get hardware that will make it.

$400 is for new hardware.  If you have free power you can have people give you miners and you can split the profit with them.  For them they would have stopped mining due to negative returns.  This only works if shipping is cheap or you acquire them locally.
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July 13, 2014, 10:10:19 PM
 #22

At the moment as others have said, it takes more money to get into bitcoin mining. Most of the machines I have looked at would be profitable but you have to spend quite a bit to get into one. Another thing to look at, is how long will that machine stay profitable? Most of the lower hash rate machines will take a LONG time to just pay for themselves. Some are just a total loss, they will never make what you put in. With the difficulty rising it makes a lot of the machines cost more to run than it will make.
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