Author

Topic: Starting up (Read 615 times)

sr. member
Activity: 364
Merit: 250
January 24, 2014, 02:57:08 PM
#8
But I'm not entirely sure what I should be researching


Really?

I guess you should research how to research, then. I'll give you a hint, going onto a forum and asking everyone to do the work for you is not a viable business plan. In fact, it's about the most retarded thing I think you could possibly do.

You want to just give me about $5,000 and I'll send you some bitcoins I mined? No? That's no different than you coming on here asking random people with no background info how to invest your money.
sr. member
Activity: 448
Merit: 250
January 24, 2014, 02:56:47 PM
#7

I just told you what to start with... butterfly labs.

I wouldn't touch them with a ten foot pole.

Read this section:

https://bitcointalk.org/index.php?board=14.0

Don't buy any equipment from a supplier that only takes bitcoins, 95% of the suppliers are scammers.
newbie
Activity: 12
Merit: 0
January 24, 2014, 02:52:10 PM
#6
But I'm not entirely sure what I should be researching
sr. member
Activity: 448
Merit: 250
January 24, 2014, 02:50:29 PM
#5
I am looking to start up a bitcoin mining business. I have the money but I need a list of all the right things to buy. I was thinking of buying the butterfly monarch and then upgrade to the xtreme miners 7.5th" lion". Tell me what you think. Thank you


I would say do a shit ton of research before asking for help.

Start with what people think of butterfly labs...
sr. member
Activity: 364
Merit: 250
January 24, 2014, 02:48:34 PM
#4
Continue to sit around and "think," maybe at some point you'll learn to man up and go figure out how to set it up on your own.

"Hey guys! I think I want to make money. Anyone know how to do that?"

Ridiculous.

newbie
Activity: 12
Merit: 0
January 24, 2014, 02:45:12 PM
#3
I was thinking of farming litecoins but not sure how to set that up.
newbie
Activity: 11
Merit: 0
January 24, 2014, 09:47:11 AM
#2
You should do some reading at the mining subforum.
And carefully way the risks, mining BTC is a marginally profitable business at the moment.

Have you considered mining scrypt coins ?
newbie
Activity: 12
Merit: 0
January 24, 2014, 08:03:11 AM
#1
I am looking to start up a bitcoin mining business. I have the money but I need a list of all the right things to buy. I was thinking of buying the butterfly monarch and then upgrade to the xtreme miners 7.5th" lion". Tell me what you think. Thank you
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