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Topic: what is worth mining still? - page 2. (Read 3107 times)

hero member
Activity: 518
Merit: 500
Hodl!
November 15, 2014, 07:57:09 PM
#13
Naw, make sure it IS a pump and dump and get out high on the pump side Cheesy
member
Activity: 93
Merit: 10
#feelthebern
November 15, 2014, 06:30:32 PM
#12
A lot of people hopped on the alt coin wagon, maybe you can find some luck there.

Since the difficulty is all time high with bitcoin. Just make sure the alt coin isnt a pump and dump.
legendary
Activity: 1344
Merit: 1000
November 15, 2014, 02:24:16 PM
#11
You can try mining altcoins.
If the altcoins is successful, you can earn a lot but most people mine altcoins to dump onto the market for btc.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
November 14, 2014, 11:54:15 PM
#10
Hahaha I remember one time when I did that. You won't earn something from mining itself, but using those shares and selling them off for a profit is really a good strategy to earn some bitcoins. Smiley
member
Activity: 83
Merit: 10
November 14, 2014, 11:15:56 PM
#9
i think its worth it, if you have a plan to make a huge farm. or just go do the same but buy cloud mining?

like cex.io or something.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
November 14, 2014, 11:11:02 PM
#8
Oh yes, another tip I learned from a friend a few months back. If you have a good hardware in you, try waiting for a coin that you think would be a good bet for speculating. Try mining some until you reach a threshold and hold it off until it reach the markets. Then sell it for profit and try to rinse and repeat.

Low difficulty really helps you to mine those coins fast and you can earn many coins in less than a week. Just choose a coin that you think would be best to mine and try to keep some until it is released in the markets in exchange for btc.  Wink
legendary
Activity: 3542
Merit: 1352
Cashback 15%
November 14, 2014, 11:05:23 PM
#7
Mining BTC isn't profitable anymore (if you only use some GPUs and CPUs) because of the very high difficulty. Only companies that sell mining equipment profit from mining itself. I wouldn't suggest you to mine if you have poor hardware, but rather buy bitcoins and hold them until you profit from it.
legendary
Activity: 1344
Merit: 1000
November 14, 2014, 10:33:42 PM
#6
Mining is profitable only if you have tons of ASICs.
Otherwise you are wasting your power if you use a CPU to mine.
b!z
legendary
Activity: 1582
Merit: 1010
November 14, 2014, 07:21:34 PM
#5


it's worth it to get some cloud speed and forget about it for a year. (do not spend what you can't lose)

Now I found a game where you "mine bitcoin" and you earn real bitcoin in-game!  (link in my signature)  Wink

so much pretend mining, and no real mining lmao
full member
Activity: 210
Merit: 100
Need To Contact Me? Go To My Site!
November 14, 2014, 06:58:21 PM
#4


it's worth it to get some cloud speed and forget about it for a year. (do not spend what you can't lose)

Now I found a game where you "mine bitcoin" and you earn real bitcoin in-game!  (link in my signature)  Wink
full member
Activity: 158
Merit: 100
November 14, 2014, 05:54:29 PM
#3
You may try to cloud hashprofit mining, you need only stay a deposit and you can get satosi when you sleep, this time using a cloud of mining you can get a return on investment within 4-5 months, so the rest of the existing contract, you still can benefit ...  Roll Eyes
hero member
Activity: 518
Merit: 500
Hodl!
November 14, 2014, 04:58:24 PM
#2
I know a guy who just quit mining with a million dollars!

.... he started out with 10 million Cheesy


But seriously, it's tough, try looking in your local market for used antminers etc, at 50c/gigahash or so, they mayyyyy turn profitable, especially if you're in the northern hemisphere and can displace heating use for the next few months.
newbie
Activity: 25
Merit: 0
November 14, 2014, 04:52:26 PM
#1
What is worth mining still? Is bitcoin still worth mining for if your just starting out? Any recommendations?
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