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Topic: What a mistake.... - page 2. (Read 2955 times)

legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
February 09, 2015, 10:06:52 AM
#22
So I bought myself two 10gh/s miners from BFL (max 25gh/s).
What a waste of $118...
I should've done my research before I bought these damn bricks.
At this difficulty i'm making a grand total of $.06 a day... wooo.
Can anybody advise me on what to do with these bricks (besides not being and idiot and doing some research prior to purchase)? are there any altcurrencies out there worth mining?

If thats your earnings after u deduct electricity, put it on ebay or some local market, there are allways those people with "free" electricity that can use it (until they get cought, but thats not your problem)
I have some old scrypt asics that are useless also, but sadly rarely anyone here knows what crypto is..

cheers
sr. member
Activity: 252
Merit: 250
February 09, 2015, 09:24:24 AM
#21
Just keep them for a few decades and sell them to a museum  Cheesy
legendary
Activity: 3542
Merit: 1352
February 09, 2015, 09:11:21 AM
#20
Find a SHA-256 algorithm based coin if you can't find a buyer of that miner. If you can't find a good altcoin to mine, you're better off selling that miner to another person.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
February 09, 2015, 09:06:06 AM
#19
You can only mine SHA256, the proof-of-work algorithm Bitcoin also uses, altcoins with them. Since SHA256 hashing power is pretty abundant these days, you won't make a big buck with your device mining altcoins, either - other people would switch to them, as well, wouldn't they?
legendary
Activity: 1694
Merit: 1024
February 09, 2015, 08:47:14 AM
#18
If you have free power you could just let them mine for you and earn the few satoshies per they they'd make. If not, could try selling them again. Not sure how they'd sell here but I would think they might sell on eBay.
sr. member
Activity: 462
Merit: 250
Firing it up
February 09, 2015, 08:19:19 AM
#17
So I bought myself two 10gh/s miners from BFL (max 25gh/s).
What a waste of $118...
I should've done my research before I bought these damn bricks.
At this difficulty i'm making a grand total of $.06 a day... wooo.
Can anybody advise me on what to do with these bricks (besides not being and idiot and doing some research prior to purchase)? are there any altcurrencies out there worth mining?

In short, You cannot just rely on mining. You cannot mine any right easily now. Do real business with real btc before the infrastructure  collapses.

In detail,
What is rich and what is poor?

In some stories, The rich usually know how to use people while the poor just cares now. It's not only for the crypto, it has been happening in different sectors for decades such as pet birds, types of ore, mineral...




sr. member
Activity: 560
Merit: 252
BitcoinerX.com - PM for Ad Info
February 09, 2015, 07:07:36 AM
#16
You could always sell your hashing power. Depending on where you are located, NiceHash.com or WestHash.com (same company,
different server locations) are a good place to start to look into that.

Cheers,

Cynthia
legendary
Activity: 924
Merit: 1002
February 09, 2015, 06:29:56 AM
#15
Very good idea to post your experience here. Many newcomers just think this nice dream ... I have a macihne which will generate income ... !

But if you are interested in mining it can give you some experience and knowledge.
Good luck.
member
Activity: 84
Merit: 10
February 09, 2015, 06:06:43 AM
#14
just sell the gh or u can face more loss
newbie
Activity: 24
Merit: 0
February 09, 2015, 05:31:58 AM
#13
i think the best option for you is to sell it for the best price that you can find. but if you want, you can take a look at the altcoin section for the coins to mine maybe you can find a good one also take look in coinwarz.com

Yeah list it on the alt coin marketplace. Someone will buy it but mining bitcoins with it is dead as you found out.
member
Activity: 62
Merit: 10
February 09, 2015, 04:16:58 AM
#12
Can you not mine any alt coins with them? Personally mining doesn't seem worth it now. It was great if you could get in at the beginning but it's just not profitable any more.
newbie
Activity: 49
Merit: 0
February 09, 2015, 04:04:02 AM
#11
Perhaps you can scrap them for their gold content.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
February 09, 2015, 03:41:20 AM
#10
So I bought myself two 10gh/s miners from BFL (max 25gh/s).
What a waste of $118...
I should've done my research before I bought these damn bricks.
At this difficulty i'm making a grand total of $.06 a day... wooo.
Can anybody advise me on what to do with these bricks (besides not being and idiot and doing some research prior to purchase)? are there any altcurrencies out there worth mining?

It's a $50 paperweight.

Even mining altcoins will not yield any benefits. It can make a nice toy for your child though.

Otherwise you can find someone more noob than you and sell it for half the price.
legendary
Activity: 3472
Merit: 10611
February 09, 2015, 03:39:37 AM
#9
i think the best option for you is to sell it for the best price that you can find. but if you want, you can take a look at the altcoin section for the coins to mine maybe you can find a good one also take look in coinwarz.com
full member
Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
February 09, 2015, 03:23:09 AM
#8
So I bought myself two 10gh/s miners from BFL (max 25gh/s).
What a waste of $118...
I should've done my research before I bought these damn bricks.
At this difficulty i'm making a grand total of $.06 a day... wooo.
Can anybody advise me on what to do with these bricks (besides not being and idiot and doing some research prior to purchase)? are there any altcurrencies out there worth mining?

Well you should be happy its just a 100$. A lot of people have lost much more in the money they have spent in the miners.
newbie
Activity: 3
Merit: 0
February 09, 2015, 03:17:15 AM
#7
There are 3 option :
1. Sell it for cheap price
2. Mining altcoin, check best coin to mine here : http://www.coinwarz.com/miningprofitability/sha-256
3. Keep mine bitcoin with it, you also can use it to make heat
legendary
Activity: 1106
Merit: 1000
February 09, 2015, 03:07:57 AM
#6
So I bought myself two 10gh/s miners from BFL (max 25gh/s).
What a waste of $118...
I should've done my research before I bought these damn bricks.
At this difficulty i'm making a grand total of $.06 a day... wooo.
Can anybody advise me on what to do with these bricks (besides not being and idiot and doing some research prior to purchase)? are there any altcurrencies out there worth mining?

Mining bitcoin is so difficult now, with diff increased.
my suggestion is try altcoin maybe darkcoin, nxt, xcp, litecoin. Good luck Smiley
legendary
Activity: 2492
Merit: 1018
February 09, 2015, 01:38:04 AM
#5
Same thing happen to me. I bought miners but didn't use it since I did have a job. Late 2014, i tried to make use of it but seem too late, its impossible to earn today. Mining an altcoin would do. Just wait for a newer coin and mine it.
hero member
Activity: 686
Merit: 500
February 09, 2015, 01:31:22 AM
#4
made me laugh. dw dude lesson learned at least
legendary
Activity: 1456
Merit: 1000
February 09, 2015, 01:26:10 AM
#3
Your best off selling them.  If you are lucky someone learning mining will buy it to play with. (I cannot explain it but a lot of people do this and spend more then it's worth).     
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