Back At it, with questions | Bitcointalksearch.org

fattypig

full member

Activity: 224

Merit: 100

Quote from: frankenmint on October 20, 2013, 12:56:52 AM

Quote from: hulk on October 17, 2013, 01:12:29 AM

Quote from: Eaks77 on October 17, 2013, 12:24:43 AM

that link for the profitability didn't work. Is 0.06BTC/day a good estimate? if so.. ouch. Things have certainly changed! if my math is right, that would bring in under $300 a month.

Yup, and is dropping each day due to the Bitcoin price increases and Scrypt alt-coin reduces. So I believe it is no longer a good estimate. Maybe about 0.05BTC/day now

at a btc price of 180 that's 9 dollars per day or roughly the same 270 per every 30 days if you were on the most profitable coin and not necessesarily autoselling for the market price. I would be on a limit order scheme if I were you and you could likely see more than just .05 btc a day. Im doing 25 GH at like .05 btc a day so I don't know where those numbers came from.

Are you mining BTC directly?

frankenmint

legendary

Activity: 1456

Merit: 1018

HoneybadgerOfMoney.com Weed4bitcoin.com

Quote from: hulk on October 17, 2013, 01:12:29 AM

Quote from: Eaks77 on October 17, 2013, 12:24:43 AM

that link for the profitability didn't work. Is 0.06BTC/day a good estimate? if so.. ouch. Things have certainly changed! if my math is right, that would bring in under $300 a month.

Yup, and is dropping each day due to the Bitcoin price increases and Scrypt alt-coin reduces. So I believe it is no longer a good estimate. Maybe about 0.05BTC/day now

at a btc price of 180 that's 9 dollars per day or roughly the same 270 per every 30 days if you were on the most profitable coin and not necessesarily autoselling for the market price. I would be on a limit order scheme if I were you and you could likely see more than just .05 btc a day. Im doing 25 GH at like .05 btc a day so I don't know where those numbers came from.

hulk

sr. member

Activity: 392

Merit: 250

Quote from: Eaks77 on October 17, 2013, 12:24:43 AM

that link for the profitability didn't work. Is 0.06BTC/day a good estimate? if so.. ouch. Things have certainly changed! if my math is right, that would bring in under $300 a month.

Yup, and is dropping each day due to the Bitcoin price increases and Scrypt alt-coin reduces. So I believe it is no longer a good estimate. Maybe about 0.05BTC/day now

Eaks77

newbie

Activity: 57

Merit: 0

that link for the profitability didn't work. Is 0.06BTC/day a good estimate? if so.. ouch. Things have certainly changed! if my math is right, that would bring in under $300 a month.

Eaks77

newbie

Activity: 57

Merit: 0

Thanks for the info... i'll take a look.

Fortunately in my Apartment building, my electricity is a fixed cost per month. Cheesy

hulk

sr. member

Activity: 392

Merit: 250

Quote from: Eaks77 on October 15, 2013, 09:12:36 PM

Excellent, thanks hulk!

Simple question... since I havent mined in forever... but is it even worth it to mine with 3.5-4.5Ghs? Even using middlecoin.com?

There's probably a calculator out there, but thought i'd just ask.

Thanks!

It really depends on your electricity charges, but for simple calculation you can use this http://middlecoin.com/profitgraph.html. Averaging about 0.015 per MH/s so you should get about 0.06 Bitcoin per day with your 4Mh/s. Hope that helps

Eaks77

newbie

Activity: 57

Merit: 0

Excellent, thanks hulk!

Simple question... since I havent mined in forever... but is it even worth it to mine with 3.5-4.5Ghs? Even using middlecoin.com?

There's probably a calculator out there, but thought i'd just ask.

Thanks!

hulk

sr. member

Activity: 392

Merit: 250

Quote from: Eaks77 on October 15, 2013, 08:49:19 PM

Hey Everyone,

Well it's been about 8 months since I was mining for bitcoin. I have a couple computers set up, bringing in around 3.5-4.5Ghs. Not much, especially now with the crazy difficulty number with bitcoin. I stopped mining because of the heat being put off during a Canadian Summer... well winter is a coming! Cool operation!

Anyways... I remember hearing that mining other currencies (LTC) and swapping them over to BTC is the best way to make $$. Has anything changed in the last 8 months? Also, i remember hearing there's some software out there that will automatically mine a currency depending on it's yield into BTC. Does this exist?

Thanks!

middlecoin.com is what you are looking for, but the profit is not as good these few weeks.

pand70

sr. member

Activity: 476

Merit: 250

There are some pools that you can mine the most profitable alt coin atm and exchange it with bitcoins afterwards... Just search the forum..

Eaks77

newbie

Activity: 57

Merit: 0

Hey Everyone,

Well it's been about 8 months since I was mining for bitcoin. I have a couple computers set up, bringing in around 3.5-4.5Ghs. Not much, especially now with the crazy difficulty number with bitcoin. I stopped mining because of the heat being put off during a Canadian Summer... well winter is a coming! Cool operation!

Anyways... I remember hearing that mining other currencies (LTC) and swapping them over to BTC is the best way to make $$. Has anything changed in the last 8 months? Also, i remember hearing there's some software out there that will automatically mine a currency depending on it's yield into BTC. Does this exist?

Thanks!

Topic: Back At it, with questions (Read 1066 times)