Topic: Thinking about buying a USB Miner, Help? - page 2. (Read 1393 times)
Is it profitable to mine Peercoin?
I would say don't bother mining bitcoin, but if you want to mine just for fun, mine peercoin.
So how many different methods of mining is there?
So... can you guys tell me what is the best alt coin to mine with a USB Miner?
but can i make profit mining alt coins?
It's possible but I think the best strategy is to mine an altcoin you also support. Think of it as an investment.
The chances of you succeeding with that strategy are much higher than locking yourself into bitcoin with a USB device. Stick with something flexible enough to mine anything like a 7950 GPU or two. Then bookmark these two sites to track the pulse of the digital currency economy: coinchoose.com and coinmarketcap.com
The fact that you are posting here means you are on the right track! Good luck and well wishes!
but can i make profit mining alt coins?
simply not profitable anymore. realistically won't even cover the costs with the increasing difficulty.
here 2 sites that help you calculate how much you can expect to make
http://www.alloscomp.com/bitcoin/calculator
http://www.bitcoinx.com/profit/
in other words. ...nothing.
here 2 sites that help you calculate how much you can expect to make
http://www.alloscomp.com/bitcoin/calculator
http://www.bitcoinx.com/profit/
in other words. ...nothing.
That's not about 1BTC/year. It's about 0.01 BTC/year
Oops. I suck at math and am banging my head on my desk now.
Well you made a mistake yes but that is not the problem.
365*0.0003 = 0.1 and not 1BTC
Still you are not going to make 0.1 BTC/year because the difficulty doesn't stay the same.
If you take in account that incease you ll end up with something around 0.01 BTC/year as i said before.
And that is actually 0.01 BTC per lifetime of your usb.
That's not about 1BTC/year. It's about 0.01 BTC/year
Oops. I suck at math and am banging my head on my desk now.
I think you are better to get something more powerful unless this is a small hobby for you
Gets about 300MH/s about 0.0003 BTC/day at current difficulty. I think that comes to about 1BTC/year. They say it only uses 2.5W, one of the reviews says that comes to about $4.40/yr in electricity.
That's not about 1BTC/year. It's about 0.01 BTC/year
Just reached the point where my GPU was just not returning enough to make it worth the time and heat and energy, so I got an ASICMiner Block Erupter: http://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO
Gets about 300MH/s about 0.0003 BTC/day at current difficulty. I think that comes to about1 0.1BTC/year. They say it only uses 2.5W, one of the reviews says that comes to about $4.40/yr in electricity.
(edit: corrected my bad math)
Gets about 300MH/s about 0.0003 BTC/day at current difficulty. I think that comes to about
(edit: corrected my bad math)
Hello,
I never mined before because my computer is not the best actually but i am interested in buying a low price USB Miner that is worth the purchase.
I dont expect to win 0.5 BTC in a month, but i have a few questions that i would like to get a answer to.
Recomend any "worth the purchase" USB Miner?
Can i mine Alt coins with a USB Miner or only BTC?
Does it pay back the Eletricity costs?
If the 1º and 2º question answers are No what USB Miner you recommend?
Thank You!
I never mined before because my computer is not the best actually but i am interested in buying a low price USB Miner that is worth the purchase.
I dont expect to win 0.5 BTC in a month, but i have a few questions that i would like to get a answer to.
Recomend any "worth the purchase" USB Miner?
Can i mine Alt coins with a USB Miner or only BTC?
Does it pay back the Eletricity costs?
If the 1º and 2º question answers are No what USB Miner you recommend?
Thank You!
Jump to: