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Topic: Just need directions and a little help - page 2. (Read 2076 times)

legendary
Activity: 4522
Merit: 3426
September 24, 2015, 02:03:21 AM
#10
You will get barely anything with that. Best case maybe $0.20/day before electricity costs.

You math is off. With PC graphics card you won't even earn $0.20/month before electricity costs, which will cost something like $25/month.
legendary
Activity: 3248
Merit: 1072
September 24, 2015, 02:00:56 AM
#9
not worth it ever with the best altcoin out there, you have two option leave the mining scene or buy the s7 if your electricity isn't very good and i would recommend to buy it anyway

it's the most efficient miner, but its initial cost may be a problem
jr. member
Activity: 60
Merit: 1
September 24, 2015, 01:48:58 AM
#8
You will get barely anything with that. Best case maybe $0.20/day before electricity costs.
legendary
Activity: 1946
Merit: 1137
September 23, 2015, 10:25:55 PM
#7
you should check out http://www.coinwarz.com/cryptocurrency it has all the usefull information that you will need in order to decide what to mine and also it helps you calculate the profitability of any coin that you choose with your hashrate.
newbie
Activity: 3
Merit: 0
September 23, 2015, 10:15:53 PM
#6
Mining is done by machines called asics at this point.   Computers no longer are used or really good for mining.  You can do it... just will lose money.

To be competitive in asic mining you need cheap electricity.  Do you know your electricity cost?

No I don't

To enter the mining game you will need to know this.  You can get it off your monthly bill.

Just make sure to include taxes or fees when figuring it out.  Sometimes they are listed separate but still part of bill.

Alright when I figure out the price of my electricity bill I will get back to you.
Thanks!
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
September 23, 2015, 10:14:36 PM
#5
Your computer might cut it to mine an alt coin that you can exchange for Bitcoin. You'd need to check the altcoin section for that. There's a lot of info to wade through.

It's several years too late to use it for Bitcoin mining. It's moved on and the mining machines now are light years ahead.

There are dedicated Bitcoin miners for sale regularly on here. It's debatable whether you'd make the money you paid for it back from the coins it mines. Things move very quickly and there are giant outfits that do it professionally.
legendary
Activity: 1456
Merit: 1000
September 23, 2015, 10:10:55 PM
#4
Mining is done by machines called asics at this point.   Computers no longer are used or really good for mining.  You can do it... just will lose money.

To be competitive in asic mining you need cheap electricity.  Do you know your electricity cost?

No I don't

To enter the mining game you will need to know this.  You can get it off your monthly bill.

Just make sure to include taxes or fees when figuring it out.  Sometimes they are listed separate but still part of bill.
newbie
Activity: 3
Merit: 0
September 23, 2015, 10:08:47 PM
#3
Mining is done by machines called asics at this point.   Computers no longer are used or really good for mining.  You can do it... just will lose money.

To be competitive in asic mining you need cheap electricity.  Do you know your electricity cost?

No I don't
I was reading about asic miners? If I am saying correctly would it be possible to buy like a usb asic miner? and potentially profit off of those
legendary
Activity: 1456
Merit: 1000
September 23, 2015, 10:06:48 PM
#2
Mining is done by machines called asics at this point.   Computers no longer are used or really good for mining.  You can do it... just will lose money.

To be competitive in asic mining you need cheap electricity.  Do you know your electricity cost?
newbie
Activity: 3
Merit: 0
September 23, 2015, 09:59:16 PM
#1
Hello, Im new and still trying to understand bitcoin mining I have done some research and have a few questions that im sure can easily be answered by directing me to a post or a website. So first I wanted to ask can I mine with my current pc while I use it for school browsing the web and light gaming.
I also wanted to ask if there are any cheap rigs that I could possibly buy and profit off of?
Another thing I wanted to as is if I could possibly mine on my current computer (Specs below) how much would I make weekly Im not looking for a high number at all but if it were possible how much would I make?

Pc specs
FX-6300 3.5GHz 6-Core Processor
Sapphire Radeon R9 270X
500w PSU
1TB Hard Drive
If there is anything else about my build you would like to know just ask.

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