mining | Bitcointalksearch.org

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: ranochigo on October 17, 2014, 05:44:08 AM

GPU mining is a history since last year October, a single USB miner can easily be faster than a world fastest GPU while consuming less power and emitting less heat. My advice is, sell those GPUs and either save them or spend them on BTC. Try as much as possible, don't buy ASICS, unless they are proven and will ship on time or you have very cheap/free electrical rates.

I would agree. Avoid most pre-orders. Only a few companies can be trusted, majority seem to have many many setbacks. Some even lucky if they ship.

thew3apon

hero member

Activity: 784

Merit: 500

Quote from: ranochigo on October 17, 2014, 05:44:08 AM

GPU mining is a history since last year October, a single USB miner can easily be faster than a world fastest GPU while consuming less power and emitting less heat. My advice is, sell those GPUs and either save them or spend them on BTC. Try as much as possible, don't buy ASICS, unless they are proven and will ship on time or you have very cheap/free electrical rates.

Well, the good thing about GPU is it can mine any algo. I was using GPU to mine scrypt until scrypt asic killed the market Sad

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

GPU mining is a history since last year October, a single USB miner can easily be faster than a world fastest GPU while consuming less power and emitting less heat. My advice is, sell those GPUs and either save them or spend them on BTC. Try as much as possible, don't buy ASICS, unless they are proven and will ship on time or you have very cheap/free electrical rates.

petersiddle98

sr. member

Activity: 272

Merit: 250

Quote from: goozman96 on October 16, 2014, 11:11:37 PM

Bitcoin is cheap, machines have decreased in price too, but not enough, so in my opinion, you're better off buying bitcoin instead of buying a miner. Unless, like was mentioned above, you have free electricity.

Agree, also we should all being buying bitcoin now since its at a discount....

goozman96

hero member

Activity: 728

Merit: 500

Bitcoin is cheap, machines have decreased in price too, but not enough, so in my opinion, you're better off buying bitcoin instead of buying a miner. Unless, like was mentioned above, you have free electricity.

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: flexgroo on October 16, 2014, 10:33:16 AM

Hi guys last year i started to get into this when it jumped up to 1100 or so, and was giving some btc to a guy lmontrose that was going to get the new machines, well i just came back from a deployment, looks like he failed and made off with some of my btc

But i would like to know how, if its worth mining and what are the best ways to do it now, i have not even looked at whats out in the last year.

im guess GPU are not worth it anymore, and last i heard 3 was fastest, not sure, and now that btc is really cheap are the machines still expensive?

thanks for any help

First, thanks for your service and welcome back from deployment.
Second, sucks that you lost some coin.
Third, take a look at the thousand or so threads asking this very question. General consensus is that at this point in time the era of home mining, even with ASIC hardware, is over. Don't get me wrong, you can still mine, and there's still hardware to buy, but you're going to be doing it at a loss.

xstr8guy

hero member

Activity: 784

Merit: 1004

Glow Stick Dance!

The very least you could do is try reading just one of the other dozens of threads that have already addressed this exact same topic.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: flexgroo on October 16, 2014, 10:33:16 AM

Hi guys last year i started to get into this when it jumped up to 1100 or so, and was giving some btc to a guy lmontrose that was going to get the new machines, well i just came back from a deployment, looks like he failed and made off with some of my btc

But i would like to know how, if its worth mining and what are the best ways to do it now, i have not even looked at whats out in the last year.

im guess GPU are not worth it anymore, and last i heard 3 was fastest, not sure, and now that btc is really cheap are the machines still expensive?

thanks for any help

Machines are far more powerful then GPUs. Both sha and scrypt have been overtaken by asics.

I would say a lot has to do with electricity price. Currently GPU is dead for most I know i pulled mine quite a bit back and sold them off.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: flexgroo on October 16, 2014, 10:33:16 AM

Hi guys last year i started to get into this when it jumped up to 1100 or so, and was giving some btc to a guy lmontrose that was going to get the new machines, well i just came back from a deployment, looks like he failed and made off with some of my btc

But i would like to know how, if its worth mining and what are the best ways to do it now, i have not even looked at whats out in the last year.

im guess GPU are not worth it anymore, and last i heard 3 was fastest, not sure, and now that btc is really cheap are the machines still expensive?

thanks for any help

Unless you have free electricity and a couple thousand bucks, I would advise against mining, especially since you have no idea.

flexgroo

newbie

Activity: 56

Merit: 0

Hi guys last year i started to get into this when it jumped up to 1100 or so, and was giving some btc to a guy lmontrose that was going to get the new machines, well i just came back from a deployment, looks like he failed and made off with some of my btc

But i would like to know how, if its worth mining and what are the best ways to do it now, i have not even looked at whats out in the last year.

im guess GPU are not worth it anymore, and last i heard 3 was fastest, not sure, and now that btc is really cheap are the machines still expensive?

thanks for any help

Topic: mining (Read 1530 times)