New to mining | Bitcointalksearch.org

pe1pip

newbie

Activity: 8

Merit: 0

Quote from: OMGBobMarley on March 11, 2013, 10:13:49 PM

Can someone lead me to some good reads on mining, how it works, etc/

Thinking I might get into this, especially if the price drops low tonight.

you will add stability to the bitcoin network, which is always a good thing, even if you think you'll make a loss. With new ASIC hardware you might even turn a profit in the long run, but as I see things, the main reason to start mining at this time is to contribute....

OMGBobMarley

newbie

Activity: 50

Merit: 0

Is there any good sites about this?

Ybh I don't know what much of that is, so I prob don't have what it takes huh?

archaeopteryx

newbie

Activity: 16

Merit: 0

To be honest, unless you already have GPUs sitting around or you plan on buying ASICs it's probably not going to be worth it to get into mining at this stage. If you spend money on a GPU-style mining rig it may never pay itself off.

OMGBobMarley

newbie

Activity: 50

Merit: 0

Can someone lead me to some good reads on mining, how it works, etc/

Thinking I might get into this, especially if the price drops low tonight.

Topic: New to mining (Read 404 times)