Author

Topic: Mining still rational? (Read 613 times)

newbie
Activity: 13
Merit: 0
April 07, 2013, 09:26:42 PM
#7
Don't buy buy buy. That's bad advice. And bytecoin is destined to fail. I can elaborate, if needed.
newbie
Activity: 14
Merit: 0
March 30, 2013, 12:05:05 PM
#6
Bytecoin will be launching soon! Just wait a little more... Don't buy any ASICs just yet

Maria 2.0
sr. member
Activity: 392
Merit: 250
March 30, 2013, 12:03:24 PM
#5
Just buy, buy and buy. Buy as fast as you can and buy as much as you can. That's what I'm doing.
newbie
Activity: 13
Merit: 0
March 30, 2013, 05:45:07 AM
#4

Either look at Litecoin for GPU mining...


Been wondering about that myself.

Litecoin is almost guaranteed to fail in the long run, in my opinion, though.
legendary
Activity: 2506
Merit: 1010
March 30, 2013, 05:32:36 AM
#3
Please only provide definitive approximate numbers from knwowledge/first hand experience, so people can get a feel of whats possible still.

Do you drive down the road looking only in your rear-view mirror?

If not, then you don't want to know how much people have been making with their mining rigs recently and in the past, but instead you want to look at where mining is headed.

ASICMINER and Avalon ASIC are absolutely blasting difficulty up.  If it weren't for the corresponding rise in the exchange rate, you would get hundreds of PMs from people offering to dump their old ATI Radeons on you.  Give it a couple weeks, that's coming.  And that is even before BFL has shipped.

So, ...

Either look at Litecoin for GPU mining, which is currently roughly approximate to being as profitable as Bitcoin mining, or find a new fun game to play on that GPU.
newbie
Activity: 13
Merit: 0
March 30, 2013, 05:19:13 AM
#2
Here is the answer:

http://lmgtfy.com/?q=bitcoin+mining+calculator

Then figure out how much power it uses.

You will almost certainly lose money mining with a home PC.
newbie
Activity: 28
Merit: 0
March 30, 2013, 05:08:51 AM
#1
Hello,

ive read the newbie-stuff on mining but havent yet seen definitive numbers on whats still to make through mining as of end of march 2013. My guess would be that there isnt much to make at all without a huge rig. Is it worthwhile letting a standard mid-level personal computer mine? What is to be made in, lets say, 24h using 1 NVIDIA GTX 550 Ti? Please only provide definitive approximate numbers from knwowledge/first hand experience, so people can get a feel of whats possible still. Thanks very much.

NF414
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