Author

Topic: Question about mining for a complete beginner (Read 431 times)

newbie
Activity: 27
Merit: 0
December 04, 2013, 01:10:00 PM
#1
Hi there, as the title says I'm looking into purchasing some hardware to start mining some altcoins

I'm looking for the best hardware and method to use/purchase for this pursuit

My budget is around $1500 and less (hardware only, does not incl. electricity costs, etc.)

I'm basically looking to buy hardware that has the capability to mine a variety of altcoins

(ie. start mining a newly introduced coin until the difficulty level surpasses my hardware - and from then on I can tweak the same hardware system to start mining a different coin)

Is this a possibility even? Is solo mining dead for all coins these days? Would it be best for me to buy a pre-setup GPU and join a mining pool?

Considering I know very (very) little about computers, is this too quixotic of a pursuit? Or something that just takes a little time, study, effort and patience and will be worth it once the mining rig is set up?

Please advise! It's greatly appreciated

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