Author

Topic: Overall Mining Problems (Read 504 times)

hero member
Activity: 546
Merit: 500
March 16, 2014, 05:32:18 AM
#6
Because most ASIC will never achieve ROI, or breakeven, which on this forum effectively mean the same thing.

http://bitcoinwisdom.com/bitcoin/difficulty

http://bitcoinwisdom.com/bitcoin/calculator
newbie
Activity: 7
Merit: 0
March 15, 2014, 11:34:18 AM
#5
Why isnt it a good investment? From what I read you can actually win some money from it...

Also, is this a good sub miner? I'm thinking of ordering it.

http://www.ebay.co.uk/itm/BITMAIN-ANTMINER-U2-2Gh-s-ASIC-Bitcoin-Miner-BTC-USB-Stick-/291101491238?pt=UK_Computing_Other_Computing_Networking&hash=item43c7004026
hero member
Activity: 490
Merit: 501
March 15, 2014, 11:25:15 AM
#4
So is an antminer USB a good investment?



Investment? no. When it comes to mining, there is no good investment. But, it is a good starting point to get a feel about how things work.
newbie
Activity: 7
Merit: 0
March 15, 2014, 11:21:28 AM
#3
So is an antminer USB a good investment?

hero member
Activity: 490
Merit: 501
March 14, 2014, 04:19:17 PM
#2
You need to run mining software such as cgminer to run your USBs. Then the easiest route is to pick a pool to mine at.  the pool will send your coins to your wallet when you accumulate a certain amount.

There are lots of other ways, i'm sure others will chime in with their way is better. This is just what i see as the easyist while you learn.
newbie
Activity: 7
Merit: 0
March 12, 2014, 07:30:30 PM
#1
Hey guys,

I've been trying to mine for about 2 weeks but I can't. I've seen plenty tutorials but I still don't know how to mine.

There is always something wrong, for example, when I start mining it says OpenCL device not found (or something like that), but not just that.

Can anyone please help start to mine?

Also, how do USB miners work? I just connect them to my PC and they start mining to my wallet?

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