Need Help Making a Decision | Bitcointalksearch.org

xhomerx10

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Quote from: xstr8guy on February 04, 2015, 01:48:33 AM

Quote from: fat buddah on February 04, 2015, 01:43:23 AM

Quote from: xstr8guy on February 04, 2015, 01:24:30 AM

Quote from: SoldatChristi on February 04, 2015, 01:10:52 AM

So I was thinking of Unobtainium? Is that a good one to start with?

Very rarely are any of the SHA alts more profitable than BTC to mine.

http://www.coinwarz.com/miningprofitability/sha-256

Currently, UNO returns 27% of regular BTC mining. Not worth it, to say the least. And if you're going to mine any of the other flaky shit coins like SaffronCoin, mine and sell-off as fast as you can before the coin flatlines.

don't let you tell bogus.
Uno is a good choice as it's on the up and btc on the down. In Uno you have less competition from other miners and those coins will be worth much more in the future. Mine the coin that's on the up, not the coin that's on the down. If you want mine and sell directly mine bitcoin or flaky shitcoins. If you want to mine and hold - mine Uno. Uno is top notch altcoin and will likely appreciate a lot this year.

UNO is a fine coin... one of the best alt coins, in my opinion. But anyone with a SHA ASIC miner would be a fool to mine a coin that returns only 27% of what they'd earn mining BTC.

Yes; much better to sell the SHA miner for Uno directly, bypassing all the middlemen involved in the convoluted route from SHA miner to Uno coin that is fraught with fees and risk.

xstr8guy

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Glow Stick Dance!

Quote from: fat buddah on February 04, 2015, 01:43:23 AM

Quote from: xstr8guy on February 04, 2015, 01:24:30 AM

Quote from: SoldatChristi on February 04, 2015, 01:10:52 AM

So I was thinking of Unobtainium? Is that a good one to start with?

Very rarely are any of the SHA alts more profitable than BTC to mine.

http://www.coinwarz.com/miningprofitability/sha-256

Currently, UNO returns 27% of regular BTC mining. Not worth it, to say the least. And if you're going to mine any of the other flaky shit coins like SaffronCoin, mine and sell-off as fast as you can before the coin flatlines.

don't let you tell bogus.
Uno is a good choice as it's on the up and btc on the down. In Uno you have less competition from other miners and those coins will be worth much more in the future. Mine the coin that's on the up, not the coin that's on the down. If you want mine and sell directly mine bitcoin or flaky shitcoins. If you want to mine and hold - mine Uno. Uno is top notch altcoin and will likely appreciate a lot this year.

UNO is a fine coin... one of the best alt coins, in my opinion. But anyone with a SHA ASIC miner would be a fool to mine a coin that returns only 27% of what they'd earn mining BTC.

fat buddah

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Get Ready to Make money.

Quote from: xstr8guy on February 04, 2015, 01:24:30 AM

Quote from: SoldatChristi on February 04, 2015, 01:10:52 AM

So I was thinking of Unobtainium? Is that a good one to start with?

Very rarely are any of the SHA alts more profitable than BTC to mine.

http://www.coinwarz.com/miningprofitability/sha-256

Currently, UNO returns 27% of regular BTC mining. Not worth it, to say the least. And if you're going to mine any of the other flaky shit coins like SaffronCoin, mine and sell-off as fast as you can before the coin flatlines.

don't let you tell bogus.
Uno is a good choice as it's on the up and btc on the down. In Uno you have less competition from other miners and those coins will be worth much more in the future. Mine the coin that's on the up, not the coin that's on the down. If you want mine and sell directly mine bitcoin or flaky shitcoins. If you want to mine and hold - mine Uno. Uno is top notch altcoin and will likely appreciate a lot this year.

xstr8guy

hero member

Activity: 784

Merit: 1004

Glow Stick Dance!

Quote from: SoldatChristi on February 04, 2015, 01:10:52 AM

So I was thinking of Unobtainium? Is that a good one to start with?

Very rarely are any of the SHA alts more profitable than BTC to mine.

http://www.coinwarz.com/miningprofitability/sha-256

Currently, UNO returns 27% of regular BTC mining. Not worth it, to say the least. And if you're going to mine any of the other flaky shit coins like SaffronCoin, mine and sell-off as fast as you can before the coin flatlines.

SoldatChristi

newbie

Activity: 24

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So I was thinking of Unobtainium? Is that a good one to start with?

ThomasCrowne

full member

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★☆★ 777Coin - The Exciting Bitco

GPU mining is 100% dead for bitcoin mining. Definitely look into mining alt-coins with your GPU's, and only if you have free electricity. If your electricity isn't free odds are > 95% you will be paying more for the electricity than you are generating in whatever coin(s) you decide to mine.

SoldatChristi

newbie

Activity: 24

Merit: 10

Quote from: TheRealSteve on February 03, 2015, 08:00:02 PM

You might be thinking of mining altcoins, rather than Bitcoin, so try the altcoins section.

Just in case you were thinking of Bitcoin (given the S5 mention) - your GPU will get you nowhere, immediately.
The S5 may also get you nowhere, depending on what it'll cost you to purchase, and run (electricity costs).

Thanks TheRealSteve. What do you suggest is the best altcoin presently?

TheRealSteve

hero member

Activity: 686

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FUN > ROI

You might be thinking of mining altcoins, rather than Bitcoin, so try the altcoins section.

Just in case you were thinking of Bitcoin (given the S5 mention) - your GPU will get you nowhere, immediately.
The S5 may also get you nowhere, depending on what it'll cost you to purchase, and run (electricity costs).

SoldatChristi

newbie

Activity: 24

Merit: 10

Hi,

I was invested in GAW mining, and it seems they have done away with cloud mining. I think I just might stay away from Cloud Mining for a while. IS GPU mining still a viable option for me? Or Shall I purchase an S5 Antminer and do it that way. Personally, I like the Crypto Currencies out there, what would you suggest. Thoughts and ideas are welcome.

Topic: Need Help Making a Decision (Read 1698 times)