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Topic: How do I start mining? - page 2. (Read 2157 times)

legendary
Activity: 1456
Merit: 1000
August 19, 2014, 11:41:35 PM
#10
Thanks I guess I'll be buying and holding.


Very wise, but besides I would also bought few GHs from PbMining. Just my opinion.

A few GHs won't do much in today's mining market sadly.
full member
Activity: 137
Merit: 100
August 19, 2014, 04:23:00 PM
#9
Thanks I guess I'll be buying and holding.


Very wise, but besides I would also bought few GHs from PbMining. Just my opinion.
hero member
Activity: 532
Merit: 500
August 19, 2014, 04:19:34 PM
#8
Thanks I guess I'll be buying and holding.

Nice decision.
If you are looking for fun, you can buy miners as many as you want. But you shouldn't expect to get profits.
legendary
Activity: 1456
Merit: 1000
August 19, 2014, 12:29:49 AM
#7
Thanks I guess I'll be buying and holding.

Even with wanting to mine which i do and love, i think you will be happy in 1-2 months when you trade coins for miners.   If it goes how i think you will have a decent percent extra from bitcoin's going up in price once we are through what ever is going on.

You might get one for fun and to play with get familiar with.  It is addictive Smiley but price of BTC is so attractive its hard to ignore for buyers right now.
newbie
Activity: 15
Merit: 0
August 18, 2014, 10:43:40 PM
#6
Thanks I guess I'll be buying and holding.
legendary
Activity: 1456
Merit: 1000
August 18, 2014, 10:40:13 PM
#5
Do math and ROI on machines.  If you are lucky with decent electricity you can pull ROI on machines.

If you have that capital right now I would think about buying BTC .... wait a month or so and hopefully then buy even more mining gear.  BTC right now is at a price great for buyers.
legendary
Activity: 2786
Merit: 1031
August 18, 2014, 09:26:28 PM
#4
Yap, buy and hold.
legendary
Activity: 4438
Merit: 3387
August 18, 2014, 09:22:59 PM
#3
Your question gets asked several times a week. Basically, my advice is that if you have to ask that question, then you should not spend any money on mining.

Rather than repeating myself, I'll just point you to post by the last person that asked the same question:

https://bitcointalksearch.org/topic/want-to-start-mining-743149
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
August 18, 2014, 08:52:22 PM
#2
The mining sub-forum is the place for mining advice.

Bear in mind that buying and holding is generally more profitable than mining.
newbie
Activity: 15
Merit: 0
August 18, 2014, 08:48:11 PM
#1
How would I start mining I have around $10000 to invest into it and would like some recommendations where to get started.
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