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Author Topic: Mining  (Read 1352 times)
CharHill (OP)
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July 21, 2014, 02:12:19 PM
 #1

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??
AdamSmith
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July 21, 2014, 02:19:03 PM
 #2

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

Mining is no longer profitable.

If you do not believe the statement above, remember to do extensive research and homework before you spend a great deal of money buying or building miners.
indiguy
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July 21, 2014, 02:22:32 PM
 #3

how about mining some other coins?
will it be profitable?
transient858
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July 21, 2014, 02:27:56 PM
 #4

how about mining some other coins?
will it be profitable?

Most alt coins are considered pump and dump. You need to know what you are doing before venture into this kind of territory.
thew3apon
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July 21, 2014, 02:28:15 PM
 #5

how about mining some other coins?
will it be profitable?

Unfortunately, none is profitable right now. Even alt-coins profit are dropping lately..
Soccruo
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July 21, 2014, 03:03:47 PM
 #6

I tried with solo mining to instamine some new alts but there's no more room for common users, the sharks are always ready at the launch.

♬-♬-♬-♬ ★ ☆ ★ ☆ Earn up to 0.05 btc/week by posting in the LTB forum!!! ☆ ★ ☆ ★ ♬-♬-♬-♬ --------->
<--------- LTB coin now traded on Poloniex!!!
Baitty
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July 21, 2014, 03:05:08 PM
 #7

how about mining some other coins?
will it be profitable?

Well it can be but you need to do some research and follow the trend of pump and dump because thats all that alt coins are used for.

Currently held as collateral by monbux
CharHill (OP)
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July 21, 2014, 04:07:56 PM
 #8

how about mining some other coins?
will it be profitable?

Now, i think, you will mine so long time to take som coins. You can to try altcoin mine.
That's i think, only, and not to be sure in that.
MrBtcSenior
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July 21, 2014, 04:11:07 PM
 #9

I'm in the same boat, I'll try with instamining of new alts...

♬-♬-♬-♬ ★ ☆ ★ ☆ Earn up to 0.05 btc/week by posting in the LTB forum!!! ☆ ★ ☆ ★ ♬-♬-♬-♬ --------->
<--------- LTB coin now traded on Poloniex!!!
Minnlo
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July 21, 2014, 04:31:08 PM
 #10

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

You may try to mine x11, x13, x15 altcoins with your GPU, but to be honest, I don't really think you can get much profit from it...

CharHill (OP)
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July 22, 2014, 07:15:42 PM
 #11

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

You may try to mine x11, x13, x15 altcoins with your GPU, but to be honest, I don't really think you can get much profit from it...

Thanks, i'm thinking about mine some coins, but i don't know what to be profiter for me.
Omikifuse
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July 23, 2014, 12:39:30 AM
 #12

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

You can start by mining litecoin with your CPU or GPU, should be able to get some info easily online. But please take note it is totally not profitable.
DrG
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July 23, 2014, 02:35:22 AM
 #13

Mining was reasonable way to acquire coins until ASICs came along in 2013.  Back then exchanges were very unreliable (MtGox was a failure since day 1) and buying a selling coins was very difficult (even without the AML restrictions).  These days it's much easier to buy coins and most likely that is the best way to acquire them as most mining ventures prove to be unprofitable for end users.

So either work for coins directly or use you disposable income to buy coins - it's easier and more profitable than mining for them.
iTRADEbtc
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July 23, 2014, 02:40:06 AM
 #14

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

Mining is no longer profitable.
All you need to do is read what adam wrote and you have done your research. period
Corenin
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July 23, 2014, 03:13:51 AM
 #15

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

Mining is no longer profitable.

If you do not believe the statement above, remember to do extensive research and homework before you spend a great deal of money buying or building miners.

It is still profitable if you have free electricity but going ASIC is much better..
DrG
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July 23, 2014, 04:16:43 AM
 #16

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

Mining is no longer profitable.

If you do not believe the statement above, remember to do extensive research and homework before you spend a great deal of money buying or building miners.

It is still profitable if you have free electricity but going ASIC is much better..

Even with free electricity most of the ASICs for sale will result in a net loss:  BFL Monarch ultimate looser, KNC Jupiter loser, Spoondoolies SP30 loser, Rockminer R3 loser, BTCGarden loser.  The only one that is current that might make a profit is the Antminer S3 and it's is sold out for that reason - it's actually reasonably priced.
Wesley
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July 23, 2014, 09:16:04 AM
 #17

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

You can start by mining litecoin with your CPU or GPU, should be able to get some info easily online. But please take note it is totally not profitable.

No point mining litecoin with a CPU. If you have an AMD GPU, then maybe, but there are Scrypt ASICs out there now.
Schaufelbagger
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July 23, 2014, 11:41:40 AM
 #18

I don't need any mining gear to mine a couple BTC!
Testing123
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July 23, 2014, 04:12:37 PM
 #19

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

You can start by mining litecoin with your CPU or GPU, should be able to get some info easily online. But please take note it is totally not profitable.

No point mining litecoin with a CPU. If you have an AMD GPU, then maybe, but there are Scrypt ASICs out there now.

And those scrypt ASICs are extremely powerful.
For comparison, a high-end AMD GPU can give you hundreds of KH/s while a new-gen scrypt ASIC can achieve hundreds of MH/s Smiley

CharHill (OP)
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July 26, 2014, 08:58:37 PM
 #20

Hi, i read about mining (CPU, Hardware, GPU ...). But can you help me to start mining??? What i need to start??

You can start by mining litecoin with your CPU or GPU, should be able to get some info easily online. But please take note it is totally not profitable.

No point mining litecoin with a CPU. If you have an AMD GPU, then maybe, but there are Scrypt ASICs out there now.

And those scrypt ASICs are extremely powerful.
For comparison, a high-end AMD GPU can give you hundreds of KH/s while a new-gen scrypt ASIC can achieve hundreds of MH/s Smiley

Thanks, but are you really thinking, that it's the best way to mine>>??
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