2BTC investment scenarios-
3x 280x - 12$ a day with 2250Kh\s.
cex.io - 8$ a day with 100Gh\s
Pbmining - 20$ with 225 Gh\s
when using gpus you must take into consideration the electricity costs and also real-world difficulties of managing a mining rig and also the lifespan of the cards.
I'm not saying cloudmining BTC is the most profitable way. all i'm suggesting is it is the best option for you right now till you are ready to buy yourself a descent card
Topic: need advice for a new gpu (Read 679 times)
hmm. Well then can I expect to sell the ghash at atleast 60% of their original costs?
This might seem like a good idea after all.
This might seem like a good idea after all.
is ghash.io profitable in the long run?
Lets say I invest like .24 btc(10k inr) and buy 12 ghash with current rates.
I'll get close to 30$ a month in the 1st month.
Then that will lower to about 25-26 to in the 2nd month and so on
It will take about 6-7 months to regain the btc.
But if I go with scrypt it will only take about 3-4 months to get an ROI but the problem is that the profitability could go down at any point.
Pretty risky stuff for a kid like me lol.
Ya that's right difficulty can go up any time.Lets say I invest like .24 btc(10k inr) and buy 12 ghash with current rates.
I'll get close to 30$ a month in the 1st month.
Then that will lower to about 25-26 to in the 2nd month and so on
It will take about 6-7 months to regain the btc.
But if I go with scrypt it will only take about 3-4 months to get an ROI but the problem is that the profitability could go down at any point.
Pretty risky stuff for a kid like me lol.
what i suggested was you could use their service for 2-3 months. earn both ways by mining with you current cards and also with cex.io. then sell out your Ghashes and buy yourself a descent card like a 280x
is ghash.io profitable in the long run?
Lets say I invest like .24 btc(10k inr) and buy 12 ghash with current rates.
I'll get close to 30$ a month in the 1st month.
Then that will lower to about 25-26 to in the 2nd month and so on
It will take about 6-7 months to regain the btc.
But if I go with scrypt it will only take about 3-4 months to get an ROI but the problem is that the profitability could go down at any point.
Pretty risky stuff for a kid like me lol.
Lets say I invest like .24 btc(10k inr) and buy 12 ghash with current rates.
I'll get close to 30$ a month in the 1st month.
Then that will lower to about 25-26 to in the 2nd month and so on
It will take about 6-7 months to regain the btc.
But if I go with scrypt it will only take about 3-4 months to get an ROI but the problem is that the profitability could go down at any point.
Pretty risky stuff for a kid like me lol.
I was wondering the same too but still cant figure out the best price to performance.
Maybe I'll get a 6950 for 14k and unlock it into a 6970(480khash)
6950s are great. but i'd rather put my btc in https://cex.io or http://pbmining.com and buy some Ghash. you would be getting the same income as mining scrypt.Maybe I'll get a 6950 for 14k and unlock it into a 6970(480khash)
so after a couple of months you could buy yourself a r9-280x from the income you accumalate from your scrypt-mining with your current cards and cloud-mining.
if you follow this advise, there are a few things you should consider.
cex.io will cost more than double for a Ghash than pbmining. but at cex.io you'll get instant pay out after block confirmation and you could buy additional Ghash with that on the go and also you have the advantage of selling your Ghash if you need Btc.
At pbmining it will only cost 0.0089BTC for 1 Ghash. but you'll be paid only at every Sunday and also you could buy only in multiples od 1Gh\s, but whereas at cex.io you could buy fractions of a Ghash.
Believe me this will seriously work
I was wondering the same too but still cant figure out the best price to performance.
Maybe I'll get a 6950 for 14k and unlock it into a 6970(480khash)
Maybe I'll get a 6950 for 14k and unlock it into a 6970(480khash)
see hashrates of both cards that u are planning to buy.
I will suggest u better buy GPU with higher hashrate.
I will suggest u better buy GPU with higher hashrate.
Ok so I have around .28btc which is about 14k inr and I was wondering if I should buy the radeon 7850 for 13k on flipkart(I have a 5% off deal) or save about 18k and then buy the 270x?
Right now I'm mining with a 6970 and a 7750 and recently my earnings have dropped(see coinwarz) and my restriction is that I can only buy WS retail Products on flipkart(using vouchers by bitcoinsaresexy)
So if any of you can give me some advice then please do.
Right now I'm mining with a 6970 and a 7750 and recently my earnings have dropped(see coinwarz) and my restriction is that I can only buy WS retail Products on flipkart(using vouchers by bitcoinsaresexy)
So if any of you can give me some advice then please do.
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