Pages:
Author

Topic: My first post. (Read 1017 times)

newbie
Activity: 2
Merit: 0
July 07, 2013, 08:04:00 PM
#22
Hello Welcome to the forum.
sr. member
Activity: 404
Merit: 250
July 07, 2013, 07:46:20 PM
#21
welcome to the forum and good luck with your mining! Smiley
newbie
Activity: 17
Merit: 0
July 07, 2013, 06:31:41 PM
#20
Hi, welcome
A+S
newbie
Activity: 14
Merit: 0
July 07, 2013, 04:07:46 PM
#19
More people mining (Mh/s) -> more difficulty
newbie
Activity: 42
Merit: 0
July 07, 2013, 03:53:34 PM
#18
Hi  Grin
newbie
Activity: 36
Merit: 0
July 07, 2013, 03:35:49 PM
#17
Welcome.
uk1
copper member
Activity: 546
Merit: 500
July 07, 2013, 03:04:25 PM
#16
Welcome to the forum
newbie
Activity: 56
Merit: 0
July 07, 2013, 03:03:25 PM
#15
WELL COME !
global moderator
Activity: 3794
Merit: 2612
In a world of peaches, don't ask for apple sauce
July 07, 2013, 02:41:35 PM
#14
Hey and welcome.
newbie
Activity: 33
Merit: 0
July 07, 2013, 08:35:36 AM
#13
Welcome Smiley
member
Activity: 75
Merit: 10
July 06, 2013, 10:00:42 AM
#12
Welcome to the forum mate.  Smiley
newbie
Activity: 25
Merit: 0
July 06, 2013, 09:54:17 AM
#11
Welcome to the forum!
newbie
Activity: 21
Merit: 0
July 05, 2013, 11:48:28 PM
#10
Welcome to the forum! Mining is getting very risky. I wish you the best of luck.

Risky how?


The money which you need to folk out to purchase mining hardware is expensive. Because of new technology being introduced the difficulty has risen by a lot. It's just going to continue to get harder. You might buy hardware which will bring in around 1 BTC this week, but a month later it could bring in something like 0.2. You have to be very careful when going into mining. You have to take into count electricity bills, break even of hardware and must have the technical know how to maintain the equipment. Many have reported having their hash rate slow after time, that's normally because it was either not set up correctly or it is over heating. There are many things which need to be taken into consideration before proceeding.

Ah OK, thanks for the detailed info.  Makes sense.  Any idea what bit coin must be priced at (like a minimum) in order for mining to be profitable?
newbie
Activity: 30
Merit: 0
July 05, 2013, 04:06:10 PM
#9
welcome Smiley
staff
Activity: 3304
Merit: 4115
July 05, 2013, 08:27:32 AM
#8
Welcome to the forum! Mining is getting very risky. I wish you the best of luck.

Risky how?


The money which you need to folk out to purchase mining hardware is expensive. Because of new technology being introduced the difficulty has risen by a lot. It's just going to continue to get harder. You might buy hardware which will bring in around 1 BTC this week, but a month later it could bring in something like 0.2. You have to be very careful when going into mining. You have to take into count electricity bills, break even of hardware and must have the technical know how to maintain the equipment. Many have reported having their hash rate slow after time, that's normally because it was either not set up correctly or it is over heating. There are many things which need to be taken into consideration before proceeding.
newbie
Activity: 5
Merit: 0
July 05, 2013, 08:14:57 AM
#7
Zero sum game. only way to win is stay ahead of the curve Tongue
newbie
Activity: 21
Merit: 0
July 05, 2013, 07:32:49 AM
#6
Welcome to the forum! Mining is getting very risky. I wish you the best of luck.

Risky how?
newbie
Activity: 8
Merit: 0
July 05, 2013, 07:18:04 AM
#5
Weclome!  Wink
staff
Activity: 3304
Merit: 4115
July 05, 2013, 06:30:14 AM
#4
Welcome to the forum! Mining is getting very risky. I wish you the best of luck.
sr. member
Activity: 392
Merit: 250
July 05, 2013, 06:28:09 AM
#3
Welcome.
Pages:
Jump to: