Topic: Greetings along with newbie question (Read 528 times)
I feel putting odds on any of the speculations is just about impossible. I think single news story from AP could cause the value to skyrocket or plummet. I'd just dive in and do some alt coin mining and trade it for BTC as others have suggested.
Difficulty depends on the total hash rate (the speed at which) the coin is mined. It is programatically calculated and is self adjusted by the algo.
Difficulty has nothing to do with the mining pool or the machine.
The machine's hash rate fixes the ability to mine coins.
Difficulty has nothing to do with the mining pool or the machine.
The machine's hash rate fixes the ability to mine coins.
I know what difficulty is
Difficulty has nothing to do with the mining pool or the machine.
And well, for me it does - if difficullty increases 100% per jump my machine will be useless sooner than when it increases by 25%
just buy some machines and find out? The more You wait the more You lose
If that would be so easy... Maybe it would if it wasn't for my Christmas gift I received from my boss (I was fired because I wanted to spend holidays with my family and requested a vacation, which I should have by law...)
I do have funds for a 180GH/s AntMiner, but I would hardly manage to live a decent life before I find (IF I find a new job) I think... That is why I want to be sure
Don't do it, just buy the coins
Look into mining scrypt and cpu based altcoins (not sha-256) and exchanging them for BTC.
This way you buy GPUs and you can always sell the GPUs or start gaming no matter what the BTC difficulty does.
An ASIC will become worthless if the difficulty goes skyhigh.
Best altcoin hardware:
https://litecoin.info/Mining_hardware_comparison (<-- works for all scrypt based altcoins)
Profitability of altcoins:
www.coinwarz.com (<-- I use this)
www.coinchoose.com
www.wheretomine.com
alt-coin exchanges:
www.btc-e.com
www.cryptsy.com (<-- I use this)
www.vircurex.com
multicoin mining
www.middlecoin.com
www.multipool.us (<-- I use this)
This way you buy GPUs and you can always sell the GPUs or start gaming no matter what the BTC difficulty does.
An ASIC will become worthless if the difficulty goes skyhigh.
Best altcoin hardware:
https://litecoin.info/Mining_hardware_comparison (<-- works for all scrypt based altcoins)
Profitability of altcoins:
www.coinwarz.com (<-- I use this)
www.coinchoose.com
www.wheretomine.com
alt-coin exchanges:
www.btc-e.com
www.cryptsy.com (<-- I use this)
www.vircurex.com
multicoin mining
www.middlecoin.com
www.multipool.us (<-- I use this)
I think you can find information about the the difficulty and how things will change.There are some threads which mentioned this.
Well, obviously I did that mate
My question remains - what are the odds that those speculations are correct?
I think you can find information about the the difficulty and how things will change.There are some threads which mentioned this.
Hello everyone, I am very dumb not to invest in bitcoins earlier.
But lets get to the point, shall we?
I've been researching a bitcoin mining for a while, because I want to invest in it, and I am kinda curious how accurate the jumping rates estimations are? What I am especially interested in is - can the jump after this one be like 100% dificculty, or it is unlikely? That is the only thing that keeps me from buying some nasty shiny machine 
Thank You in advance for Your reply!
But lets get to the point, shall we?
I've been researching a bitcoin mining for a while, because I want to invest in it, and I am kinda curious how accurate the jumping rates estimations are? What I am especially interested in is - can the jump after this one be like 100% dificculty, or it is unlikely? That is the only thing that keeps me from buying some nasty shiny machine Thank You in advance for Your reply!
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