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Topic: want to start mining - page 5. (Read 13955 times)

legendary
Activity: 3248
Merit: 1070
May 18, 2016, 02:16:36 AM
The most profitable coin to mine is the Ethereum. But its difficulty is rising fast. There are many big farms.

probably every coins is not profitable and even there is too much risk when you choose one...
today you get high revenue...tomorrow someone dump and you loss every gain.

wrong etheruem is very profitable, more than signature campaign or anythign else, even bitcoin is no mtahc witht he best asic and cheapest electricity
legendary
Activity: 2044
Merit: 1030
I'm looking for free spin.
May 17, 2016, 12:18:45 PM
The most profitable coin to mine is the Ethereum. But its difficulty is rising fast. There are many big farms.

probably every coins is not profitable and even there is too much risk when you choose one...
today you get high revenue...tomorrow someone dump and you loss every gain.
I think its defends of difficulty ethereum has high difficulty thats why mining now is not so profitable because many people are mining ethereum..
full member
Activity: 155
Merit: 100
May 17, 2016, 12:10:46 PM
The most profitable coin to mine is the Ethereum. But its difficulty is rising fast. There are many big farms.

probably every coins is not profitable and even there is too much risk when you choose one...
today you get high revenue...tomorrow someone dump and you loss every gain.
sr. member
Activity: 612
Merit: 250
May 17, 2016, 12:08:36 PM
The most profitable coin to mine is the Ethereum. But its difficulty is rising fast. There are many big farms.
sr. member
Activity: 350
Merit: 250
May 05, 2016, 01:00:29 AM
#99
For now its not profitable to mine bitcoin but it can be profitable if mine altcoin you can find more altcoin mining here https://bitcointalk.org/index.php?board=160.0
All tools there are useful .. also try pos and use vps to start staking without shutdown you laptop because you run it in vps..
legendary
Activity: 1120
Merit: 1000
May 05, 2016, 12:11:13 AM
#98
mining with your normal pc was never profitable bro Huh Undecided
i think your electric bill and Internet bill will take up a good amount with leaving no profit for u but loss Smiley
dont mining bitcoin on your normal pc
at least your computer has high spesification and of course the electricity on your area must be cheap.
mining took so many resources and energy. And the difficulty will almost always increase every month, so your hardware will earn less coins
hero member
Activity: 686
Merit: 500
May 04, 2016, 11:58:58 PM
#97
mining with your normal pc was never profitable bro Huh Undecided
i think your electric bill and Internet bill will take up a good amount with leaving no profit for u but loss Smiley
hero member
Activity: 924
Merit: 1000
May 02, 2016, 06:29:04 AM
#96
It is not profitable to mine bitcoin with your PC, but you can try altcoins such as digibyte. with a simple GPU good mineable. (Groestl, qubit, skein)
legendary
Activity: 3248
Merit: 1070
May 02, 2016, 12:59:05 AM
#95
The electricity cost is higher than the minig cost Embarrassed

this is not true, the electricity cost to be higher than the revenue  it must be on the range of 0.2 cent per kw, and big farm are not runnign their farm with this electricity

they are making still tons of profit
hero member
Activity: 910
Merit: 502
May 01, 2016, 11:37:15 AM
#94
The electricity cost is higher than the minig cost Embarrassed
newbie
Activity: 39
Merit: 0
May 01, 2016, 10:54:26 AM
#93
Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ?
if you want to mine altcoins with your computer you should carefully select the ones that have potential to grow its community and the price because there are a lot of coins which are not worth anything after a few days what would mean a huge loss for you

Do not mine alts at all. If you calculate the profitability, you will realize that you're better off mining BTC and then just trading that for an alt. People talk about how "the alt could go up in value" but you could mine, say 1k of those, or BUY 2k from the BTC. Which one brings more profit?

How about mining etherum, their price is high though.
i knew that imposible to get ROI by mining bitcoin, some people said that mining altcoin is better than bitcoin, i just curious how people here get profit by mining altcoin?

I you already have the graphics cards, you can mine them. If you do not have, do not buy new cards. You will not ROI.
legendary
Activity: 1120
Merit: 1000
April 19, 2016, 11:05:00 AM
#92
Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ?
if you want to mine altcoins with your computer you should carefully select the ones that have potential to grow its community and the price because there are a lot of coins which are not worth anything after a few days what would mean a huge loss for you

Do not mine alts at all. If you calculate the profitability, you will realize that you're better off mining BTC and then just trading that for an alt. People talk about how "the alt could go up in value" but you could mine, say 1k of those, or BUY 2k from the BTC. Which one brings more profit?

How about mining etherum, their price is high though.
i knew that imposible to get ROI by mining bitcoin, some people said that mining altcoin is better than bitcoin, i just curious how people here get profit by mining altcoin?
legendary
Activity: 1456
Merit: 1002
April 19, 2016, 10:10:52 AM
#91
My suggestion is you just look for a signature campaign you will not earn btc in mining right now because of the high class computers

I think the proper term here would be due to "ASIC" chips not high class computers which allow faster pace mining..

As for the signature comment, and its a yes and no.

Most of these signature providers also have a limit how many members are allowed in their campaign so if theres no room, youre kinda out of luck.
sr. member
Activity: 317
Merit: 250
April 19, 2016, 08:37:09 AM
#90
If you already have the PC system and graphics cards, you can do some mining. That is quite fun.

For the time being, it is better not to invest too much to buy new graphics card. It is OK to use old ones.
newbie
Activity: 39
Merit: 0
April 08, 2016, 02:27:49 PM
#89
If you already have the PC system and graphics cards, you can do some mining. That is quite fun.
hero member
Activity: 910
Merit: 509
March 04, 2016, 09:49:56 PM
#88
My suggestion is you just look for a signature campaign you will not earn btc in mining right now because of the high class computers
legendary
Activity: 3248
Merit: 1070
March 04, 2016, 09:59:13 AM
#87
The Ethereum is very profitable to mine now. You can make some profit out of it. But the difficulty is rising fast.
Don't even start with Ethereum it is not good good for mining at all. First of all you can't use ASIC to mine because their mining algorithim is something different than coins based on SHA-256.
There is also no way  ASIC could work due to the memory growth built into the Ethereum's algorithm.


ti's a good thing that there are no asic, more hard for the diff to grow, and it is fucking profitable right now, so i don't know what you're talking about

it is more profitable than mining bitcoin

The Ethereum is very profitable to mine now. You can make some profit out of it. But the difficulty is rising fast.
Don't even start with Ethereum it is not good good for mining at all. First of all you can't use ASIC to mine because their mining algorithim is something different than coins based on SHA-256.
There is also no way  ASIC could work due to the memory growth built into the Ethereum's algorithm.


the Ethereum will not be mineable in 10 month also, as it will change to PoS. So your GPU will be useless for this.

there is not only ethereum which is profitable, there are at least other 4-5 coins, but i won't say what they are obviously
sr. member
Activity: 317
Merit: 250
March 04, 2016, 04:09:49 AM
#86
The Ethereum is very profitable to mine now. You can make some profit out of it. But the difficulty is rising fast.
Don't even start with Ethereum it is not good good for mining at all. First of all you can't use ASIC to mine because their mining algorithim is something different than coins based on SHA-256.
There is also no way  ASIC could work due to the memory growth built into the Ethereum's algorithm.


the Ethereum will not be mineable in 10 month also, as it will change to PoS. So your GPU will be useless for this.
legendary
Activity: 1400
Merit: 1001
March 02, 2016, 02:16:53 PM
#85
The Ethereum is very profitable to mine now. You can make some profit out of it. But the difficulty is rising fast.
Don't even start with Ethereum it is not good good for mining at all. First of all you can't use ASIC to mine because their mining algorithim is something different than coins based on SHA-256.
There is also no way  ASIC could work due to the memory growth built into the Ethereum's algorithm.
newbie
Activity: 39
Merit: 0
March 02, 2016, 11:23:25 AM
#84
The Ethereum is very profitable to mine now. You can make some profit out of it. But the difficulty is rising fast.
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