Author

Topic: The future of mining (Read 521 times)

hero member
Activity: 714
Merit: 500
Skol!
newbie
Activity: 9
Merit: 0
August 13, 2013, 03:42:39 AM
#5
The scams are everywhere in cryptocurrency world, be ware!
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 13, 2013, 01:28:11 AM
#3
member
Activity: 64
Merit: 10
August 13, 2013, 01:23:42 AM
#2
What you think about mining?

You do for money or for Fun?

Both. Smiley

I enjoy researching the best software and hardware to use, the assembly of the rig (in a milk crate!), and tweaking to get the best performance-to-power ratio. But like you said, the increasing difficulty has made GPU mining unprofitable. Moreso where I live with electricity costing nearly 30 cents per kw/h... There are always the alt-coins to try out, but it's a challenge to keep your head above water. Just look at all the coins on Crypsty!

I think you've got the right idea, using a low power ASIC miner that costs you very little in electricity, but contributes something to the network hashrate.
newbie
Activity: 32
Merit: 0
August 10, 2013, 06:02:15 PM
#1
Hello people,

I have been here on forum for last 4 months read and read information about mining.

yestarday I decided register here.

For me I think that will not be possible mining for money.

I will mining with a Raspberry Pi using usb asic but will be only for hobby not with intention to make money.

Probably with incrase of dificulty I will never recover the investement but I like mining.

What you think about mining?

You do for money or for Fun?
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