Author

Topic: New to bitcoin Mining! (Read 517 times)

full member
Activity: 612
Merit: 102
Chromia - Relational Blockchain
August 08, 2013, 05:24:51 AM
#9
Hi,

Im new to bitcoin mining and wamted tp learn more. Im using cpuminer on a deidcated server. It's a quad core proc so im using all of it for mining. I have a lot of question about mining pool.

Hope someone can help! thanks!

You better use your GPU and mine some altcoin !
newbie
Activity: 14
Merit: 0
August 08, 2013, 05:15:51 AM
#8
your not going to make much using a cpu miner.
newbie
Activity: 22
Merit: 0
August 08, 2013, 03:09:12 AM
#7
You'll need tons of ASIC USB miners in order to actually see some profit.
How can the number of USB miners change whether you see any profit ?


I think he meant that you'd need a lot of ASICs to make any worthwhile profit. Obviously the margin is the same regardless of how many you have. Smiley
newbie
Activity: 5
Merit: 0
August 08, 2013, 02:55:31 AM
#6
Not yet. Can it be converted to bitcoin? Are those USB Asic worth it?

Depends if you're going to mine hardcore or just going to mine as a hobby...  You'll need tons of ASIC USB miners in order to actually see some profit.

at start im going to mine as hobby so i'll have one of my desktop mine with a good GPU. But if im going full time miner what should be my setup to earn a profit?
full member
Activity: 201
Merit: 100
August 07, 2013, 10:51:09 PM
#5
You'll need tons of ASIC USB miners in order to actually see some profit.
How can the number of USB miners change whether you see any profit ?
legendary
Activity: 1736
Merit: 1029
August 07, 2013, 10:13:00 PM
#4
Not yet. Can it be converted to bitcoin? Are those USB Asic worth it?

Depends if you're going to mine hardcore or just going to mine as a hobby...  You'll need tons of ASIC USB miners in order to actually see some profit.
newbie
Activity: 5
Merit: 0
August 07, 2013, 08:56:35 PM
#3
Not yet. Can it be converted to bitcoin? Are those USB Asic worth it?
member
Activity: 85
Merit: 10
August 07, 2013, 03:43:38 PM
#2
Really not worth mining bitcoin on a CPU, have you looked at the other coins ? Yacoin is good for CPU mining.
newbie
Activity: 5
Merit: 0
August 07, 2013, 02:59:59 PM
#1
Hi,

Im new to bitcoin mining and wamted tp learn more. Im using cpuminer on a deidcated server. It's a quad core proc so im using all of it for mining. I have a lot of question about mining pool.

Hope someone can help! thanks!
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