Author

Topic: Newb!!! (Omg another one!) (Read 934 times)

legendary
Activity: 1456
Merit: 1000
December 09, 2014, 06:17:47 PM
#3
Mining a few coins a month will take a good amount of gear.  If you look up bitcoin calculators you can see how much it will mine.  To be honest if it's hurting your marriage on 200 dollars every few months, going into mining is not going to help the cause with upfront cost.

My favorite two are S4 (with 400 off coupon) and SP20.   Those are two I would suggest you look into.  But make sure to do some ROI math.

Just as a example the 2 T - S4 will bring in around 0.02514101 a day at current difficulty.  If there was no change in difficulty is that is around .75 BTC per month. (Does not subtract electricity costs).  So you are talking around 3 S4's to get into the couple coins a month - 2.26 BTC without difficulty change and electricity not taken out.

So 2600 or so to bring that in.   Much higher then the 200 that is causing troubles.
hero member
Activity: 1568
Merit: 507
December 09, 2014, 05:51:31 PM
#2
Hi, I'm a video game designer out of Ontario who has noticed my "research" purchases have been taxing to my marriage. The wife doesn't take kindly to 200 dollar purchases every few months regardless if it keeps me industry aware or not.

So I got to thinking how can I generate some spare cash (understandably with an investment ) to make money on the side.

At first I was hopeful that bitcoins could help, score a few once in a while, buy the games and software I need when I want them and leave our normal pay cheque alone.

I heard miners are still at it but with poorer results. Pooling is a thing but again the hardware required is steeper then the devolved hardware I buy now.
I heard you can rent cloud servers which seems promising but I'm not sure who is reputable.

Honestly I just want to land a few coins once a month or so, enough to pay for my gaming habit and hopefully itself.

Can someone help point me in the right dirrection to make an informed choice.

your best off mining altcoins, bitcoin diffculty is too high to make a profit. Try litecoin, peercoin, terracoin etc.
newbie
Activity: 1
Merit: 0
December 09, 2014, 01:07:03 PM
#1
Hi, I'm a video game designer out of Ontario who has noticed my "research" purchases have been taxing to my marriage. The wife doesn't take kindly to 200 dollar purchases every few months regardless if it keeps me industry aware or not.

So I got to thinking how can I generate some spare cash (understandably with an investment ) to make money on the side.

At first I was hopeful that bitcoins could help, score a few once in a while, buy the games and software I need when I want them and leave our normal pay cheque alone.

I heard miners are still at it but with poorer results. Pooling is a thing but again the hardware required is steeper then the devolved hardware I buy now.
I heard you can rent cloud servers which seems promising but I'm not sure who is reputable.

Honestly I just want to land a few coins once a month or so, enough to pay for my gaming habit and hopefully itself.

Can someone help point me in the right dirrection to make an informed choice.
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