Bitcoin mining profitability | Bitcointalksearch.org

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Atomicat on February 22, 2016, 07:27:28 AM

Quote from: notlist3d on February 15, 2016, 07:35:03 AM

Quote from: Bitcoin Marketing on February 15, 2016, 04:46:04 AM

Looking for Bitcoin mining profitability source of information which gives new miners idea about which coin to mine
Much be reliable source

Thanks

You have a LOT of reading to do. This entire section is to mining Bitcoin, not altcoins. And I don't think there really is a sha256 altcoin worth mining over BTC. So pretty much you will mine BTC.

If you really want alt coin's then they do sell some scrypt asics... but a lot of it is dated. So I would do BTC myself, and also check on ROI math before investing, it's becoming a hard game to get into.

You also have to be very careful when buying scrypt asics because if you don't do the math correctly you might end up losing a lot.

Most Scrypt asics are getting dated to. There just is not near as much R/D in this sector as BTC miners. I cant think of name there was one that made a dual... and decided to keep them all internal.

So a lot of the gear if someone releases a half way new one... they will just be blown away. Heck A2's are still decent now they have LONG live past where I thought they would

Narosya

sr. member

Activity: 428

Merit: 250

Quote from: Bitcoin Marketing on February 15, 2016, 04:46:04 AM

Looking for Bitcoin mining profitability source of information which gives new miners idea about which coin to mine
Much be reliable source

Thanks

You need to wait for the release of the new 16 nm miner, the current s7 will not be profitable in a few months.

Lutzow

hero member

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Bitcoin mining is no longer profitable (well to most) so I guess you should rather focus on altcoins and change the subject altogether

Atomicat

legendary

Activity: 952

Merit: 1002

Quote from: notlist3d on February 15, 2016, 07:35:03 AM

Quote from: Bitcoin Marketing on February 15, 2016, 04:46:04 AM

Looking for Bitcoin mining profitability source of information which gives new miners idea about which coin to mine
Much be reliable source

Thanks

You have a LOT of reading to do. This entire section is to mining Bitcoin, not altcoins. And I don't think there really is a sha256 altcoin worth mining over BTC. So pretty much you will mine BTC.

If you really want alt coin's then they do sell some scrypt asics... but a lot of it is dated. So I would do BTC myself, and also check on ROI math before investing, it's becoming a hard game to get into.

You also have to be very careful when buying scrypt asics because if you don't do the math correctly you might end up losing a lot.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Bitcoin Marketing on February 15, 2016, 04:46:04 AM

Looking for Bitcoin mining profitability source of information which gives new miners idea about which coin to mine
Much be reliable source

Thanks

You have a LOT of reading to do. This entire section is to mining Bitcoin, not altcoins. And I don't think there really is a sha256 altcoin worth mining over BTC. So pretty much you will mine BTC.

If you really want alt coin's then they do sell some scrypt asics... but a lot of it is dated. So I would do BTC myself, and also check on ROI math before investing, it's becoming a hard game to get into.

XERES

sr. member

Activity: 364

Merit: 250

Well first you need to find a miner from here: https://www.bitmaintech.com/ (my recommendation )
Then you will have to pick a miner based on its speed and power use.
depending on your location and the electicity price you can see how much it would cost to power them per day.
then a place like coin wars can help you calculate how much you can earn

Bitcoin Marketing

copper member

Activity: 475

Merit: 251

in BTC we trust

Looking for Bitcoin mining profitability source of information which gives new miners idea about which coin to mine
Much be reliable source

Thanks

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