Topic: want to start mining (Read 13955 times)
i understand that mining bitcoin is not at all profitable,but what all coins can be mined using a decent desktop pc,i don't want to burn my pc for nothing,so what are the good coins which can be mined at home.
I dropped the idea of mining since the ROI period doesn't seems palatable to me. But I like the idea of selling the rig away after 3 months to recoup losses. But who would buy?
Mining hardware are isn't that good when it come of mining bitcoin we really want to mine but its not profitable at all we our trying our best but we can't we luck off money and we canct just back our ROI at the time selling is much more profitable keep it up bud you will be reich someday. 
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
Not worth mining. Perhaps could mine Altcoins and sell it on exchanges such as Yobit for some Bitcoins. But if electricity prices are high, then it is totally not worth it.
It is better to mine the altcoin. It is more profitable than mining the bitcoin directly. The ROI is quite fast.
Can you add more details please? Like specs and what kind of altcoins are best?
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
Not worth mining. Perhaps could mine Altcoins and sell it on exchanges such as Yobit for some Bitcoins. But if electricity prices are high, then it is totally not worth it.
It is better to mine the altcoin. It is more profitable than mining the bitcoin directly. The ROI is quite fast.
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
Not worth mining. Perhaps could mine Altcoins and sell it on exchanges such as Yobit for some Bitcoins. But if electricity prices are high, then it is totally not worth it.
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
Mining with that specs of pc will be no longer for bitcoin mining , i strongly suggesting that don't try to mine anymore because it is not profitable with that kind of specs to mine bitcoin therefor you can't get back your ROI there thus just enjoy the speed and the specs of your gadgets chuchu.his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
With that kind of spec of a pc then for sure it would not even reach roi for 6 months.lol. CPU and GPU mining is not possible as of todays when you intend to mine bitcoin because in order to mine bitcoin you should need Asic which are commonly used now to mine bitcoin but still it would not assured you to be profitable since bitcoins difficulty is raised.
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
Mining with that specs of pc will be no longer for bitcoin mining , i strongly suggesting that don't try to mine anymore because it is not profitable with that kind of specs to mine bitcoin therefor you can't get back your ROI there thus just enjoy the speed and the specs of your gadgets chuchu. his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
I will advice you to learn how to trade bitcoin with other currency. Bitcoin mining are for those that has large capital
Bitcoin mining is not for the newbie. It is better to mine the altcoins with the graphics cards. They are much cheaper.
I will advice you to learn how to trade bitcoin with other currency. Bitcoin mining are for those that has large capital
I dropped the idea of mining since the ROI period doesn't seems palatable to me. But I like the idea of selling the rig away after 3 months to recoup losses. But who would buy?
It would be good idea , if you reached the half of your ROI and selling your Rig , you can pass your ROI instantly.I think anyone wants to buy your RIG , but make sure you use an escrow and explain the details about your rig if you want to sell it online .
Perhaps reach ROI for 50 percent and sell, will not gain profits. Maybe reach ROI of 60% then sell off the rig will make more sense, I think.
I dropped the idea of mining since the ROI period doesn't seems palatable to me. But I like the idea of selling the rig away after 3 months to recoup losses. But who would buy?
It would be good idea , if you reached the half of your ROI and selling your Rig , you can pass your ROI instantly.I think anyone wants to buy your RIG , but make sure you use an escrow and explain the details about your rig if you want to sell it online .
But if it is still profitable to mine, why sell the rigs. You can still make some profit if the rig does not devalue a lot.
I dropped the idea of mining since the ROI period doesn't seems palatable to me. But I like the idea of selling the rig away after 3 months to recoup losses. But who would buy?
It would be good idea , if you reached the half of your ROI and selling your Rig , you can pass your ROI instantly.I think anyone wants to buy your RIG , but make sure you use an escrow and explain the details about your rig if you want to sell it online .
I dropped the idea of mining since the ROI period doesn't seems palatable to me. But I like the idea of selling the rig away after 3 months to recoup losses. But who would buy?
yeah i have no costs, just got a psu for free from a friend aswell, so if its costing me nothing how is it unprofitable?? or am i missing some elitist with many petahash trying just to mine to hoard i dont understand why people are putting people off and if your in a pool as many hashes the better since you have more chance of solving stings but hey
It depends on the electricity price. If you do not pay for the electricity, then it is very profitable to mine.
yeah i have no costs, just got a psu for free from a friend aswell, so if its costing me nothing how is it unprofitable?? or am i missing some elitist with many petahash trying just to mine to hoard i dont understand why people are putting people off and if your in a pool as many hashes the better since you have more chance of solving stings but hey
It depends on the electricity price. If you do not pay for the electricity, then it is very profitable to mine.
yeah i have no costs, just got a psu for free from a friend aswell, so if its costing me nothing how is it unprofitable?? or am i missing some elitist with many petahash trying just to mine to hoard i dont understand why people are putting people off and if your in a pool as many hashes the better since you have more chance of solving stings but hey
You shouldn't do that now as it is really unprofitable at this moment
right new to mining, have seen a friends mine and said for me to try, but everywhere i have seen people say its not worth it anymore but yet seem to go on about there mine :/, i have been given 3 antminer s1's and a s3 from a friend who had them kicking around as he has 5 s9's now, im going to get a psu for the s3 and run it while at work while on night shifts so no cost on electric for me, can get away when im alone because of the fan noise but will change them out to quite ones if i want to leave it running 24hrs is it worth me doing or just stick them on ebay
GPU mining is still very profitable I am still upgrading my GPU farm, last month I switched to Nvidia to save on electricity , NW is like 50-60% less power hungry them new AMD rx 4xx which use power as match as old 28nm
If you go Nvidia I would suggest GTX 1060 or GTX 1070, per day 1070 can make ~3-3.5$ and power usage per card is 130-140w (1070)
If you go Nvidia I would suggest GTX 1060 or GTX 1070, per day 1070 can make ~3-3.5$ and power usage per card is 130-140w (1070)
If bitcoin developers wanted us to still mine bitcoin using GPU or CPU they would kept option to mine BTC in Bitcoin Core client.
But they removed it in recent version. And for me it is a sign that individual mining of BTC is dead. Focus on altcoins if you have to mine.
But they removed it in recent version. And for me it is a sign that individual mining of BTC is dead. Focus on altcoins if you have to mine.
Individual mining is still possible but not on a regular high specced PC. Mining bitcoin would require ASIC which could definitely mine bitcoin but same as other said its not profitable anymore unless if you have free electricity and you have decent amount of money to invest on a mining farm which could make you profitable but in CPU and GPU i think its impossible already but on mining altcoin then its possible as of now.
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