Author

Topic: Starting with AltCoins? (Read 396 times)

legendary
Activity: 3248
Merit: 1070
November 28, 2015, 02:47:17 AM
#3
you can try with new coin first, if you have a gpu, so you know how everything work, but even for altcoin you need asic, for scrypt especially

other algo like x11-x13-x15 etc, are not profitable anymore, maybe you can find some new algo which is profitable for a short time, but that's it

scrypt coin and btc have somehow the same profit as it is right now, but for scrypt is incoming a true best that will make the clear winner here
legendary
Activity: 1302
Merit: 1068
November 28, 2015, 12:19:14 AM
#2
I was thinking of getting into mining and wanted to know whether or not I should start messing with ALTCoins before I put big money into BTC to try to make some money.  Please give me your thoughts.

No, go for BTC ASIC if you want to get into it. If you want to get your bearing, get a small miner. Either a S1 if you have cheap electricity or a Sidehack usb stick if you do not.

What is your electricity costs?
newbie
Activity: 18
Merit: 0
November 27, 2015, 10:56:13 PM
#1
I was thinking of getting into mining and wanted to know whether or not I should start messing with ALTCoins before I put big money into BTC to try to make some money.  Please give me your thoughts.
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