Newbie Here! | Bitcointalksearch.org

Chemistry1988

legendary

Activity: 1120

Merit: 1000

Welcome.

Quote from: walkdev on May 13, 2014, 04:41:26 AM

Just enough time to try and work out which ones I want to go for... Excuse the pun, but it's a minefield out there! I've heard that something with low difficulty might be good to go for right now - something like Unobtanium or (relative to BTC at least) Peercoin...

You could check Coinwarz (http://www.coinwarz.com/cryptocurrency) from time to time, to check the difficulties and profits of different coins.

mrhelpful

legendary

Activity: 1456

Merit: 1002

Its great to hear that you started mining and considered with all bitcoin news going on.

For started, despite the low difficulty part, its actually a daily to weekly increase which most peoples response is towards mining alt coins.

Just know that mining directly is still a profit scenario, it just depends on how you look at things.

If you can flip one 1 thz miner from cointerra or any of those, and get yourself a free 1 thz to mine with consider that route.

I remember when I 1st had the 5ghz bfl jalapeno and its the similar scenario back then, just didnt know much about holding on to the bitcoin.

In total I mined about 3-4 bitcoins included when 60ghz came out. Then sold all the miners. You just need cash to buy a fair price for the 1 thz.

walkdev

full member

Activity: 125

Merit: 100

Thanks, MicroGuy! Will look into that one... One of my ASICs turned up this morning, so looking forward to having a play with it and setting it up later on!

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Quote from: walkdev on May 13, 2014, 04:41:26 AM

Hi everyone - I'm new here, having recently come across the whole Bitcoin thing and having dipped my toes in the water, I'm looking to join a pool and get some mining done with a couple of Antminer ASICs... Waiting to take delivery of them now!

Just enough time to try and work out which ones I want to go for... Excuse the pun, but it's a minefield out there! I've heard that something with low difficulty might be good to go for right now - something like Unobtanium or (relative to BTC at least) Peercoin...

Welcome to the the Forum.

I think you might have a go at mining Goldcoin (GLD). We have a very friendly mining community.

cookiemonsterwhat

sr. member

Activity: 252

Merit: 250

I`m aware your direction is to mine bitcoin or trading the alt coins to bitcoins on a alt exchange.

But the best way to get bitcoin is focus on making dollars then buying it at a good price.

It helps a lot of time and can be very rewarding then most people think.

mezmerizer9

hero member

Activity: 782

Merit: 1000

Quote from: walkdev on May 13, 2014, 02:51:18 PM

Thank you as well! Always good to hear from someone with some experience of it as well! Is it something you'd use a pool for, or would you consider flying solo?

I would recomend a pool, here's the one I'm using: myr.nut2pools.com or you can go to their bitcointalk post and find more information or another pool if you want. Also you can go to http://www.coinwarz.com/cryptocurrency and find some more alt-coins to mine. Cheers!

walkdev

full member

Activity: 125

Merit: 100

Just synchronising with the network now... Taking its time... And then I gotta work out how to set up the conf file and so on... That's my work cut out for the evening then! Wink

walkdev

full member

Activity: 125

Merit: 100

Thank you as well! Always good to hear from someone with some experience of it as well! Is it something you'd use a pool for, or would you consider flying solo?

mezmerizer9

hero member

Activity: 782

Merit: 1000

Quote from: d2dtk on May 13, 2014, 01:24:19 PM

You could try going after Myriadcoin it's paying out about 1000 per block so you could still get a good amount if you throw 1Gh at it or more.

I strongly recommend this one. I'm also mining Myriadcoin, its about 500 satoshis on cryptsy. I'm mining it with my integrated GPU and it's going very well, but wih ur gear it will be just fine. It's also a good vcoin to investi in.

walkdev

full member

Activity: 125

Merit: 100

Quote from: d2dtk on May 13, 2014, 01:24:19 PM

You could try going after Myriadcoin it's paying out about 1000 per block so you could still get a good amount if you throw 1Gh at it or more.

Thanks very much! I did look at that, but didn't realise it was SHA256 as well as script, etc... Looks like it might be worth a much closer look!

d2dtk

hero member

Activity: 518

Merit: 501

You could try going after Myriadcoin it's paying out about 1000 per block so you could still get a good amount if you throw 1Gh at it or more.

walkdev

full member

Activity: 125

Merit: 100

Hi everyone - I'm new here, having recently come across the whole Bitcoin thing and having dipped my toes in the water, I'm looking to join a pool and get some mining done with a couple of Antminer ASICs... Waiting to take delivery of them now!

Just enough time to try and work out which ones I want to go for... Excuse the pun, but it's a minefield out there! I've heard that something with low difficulty might be good to go for right now - something like Unobtanium or (relative to BTC at least) Peercoin...

Topic: Newbie Here! (Read 898 times)