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Topic: What kind of altcoins can this usb block erupter mine and is it worth it (Read 3744 times)

newbie
Activity: 4
Merit: 0

Those USB block erupters will get you absolutely nowhere. They don't have a high enough hash rate to even come close to competing with other SHA-256 miners. If you are a novice and are just getting into it I would recommend this as a bare minimum: http://www.ebay.com/itm/Bitmain-Antminer-S3-PLUS-453-GH-s-Bitcoin-BTC-ASIC-Miner-/371304797293?hash=item56737d946d:g:aaoAAOSwqu9VLEuI#viTabs_0 . Don't make the mistake I made where I bought a gridseed ASIC dual miner. I'll never get return on investment with it. Happy mining Smiley.

         -CryptoMiningGuy123
legendary
Activity: 2562
Merit: 1048
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

But my idea is to mine altcoins and exchange it with bitcoins I know it's almost impossible to mine bitcoin but with altcoins especially those newly launch we have a good chance to make a profit,some miners are doing just that
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

Can you elaborate so it's much more economical and profitable to mine using Gpu than usb block erupter what are the best coins to mine and what is most compatible GPU for my spare desktop hdxd2710 I am looking forward to mine using this desktop
legendary
Activity: 2856
Merit: 1024
DGbet.fun - Crypto Sportsbook
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

Which coins are you mining with CPU?
I've always wanted to start mining but I don't have enough resources for hardware except CPU to which we can just buy some good GPC card in our local computer store. which kind of Graphic card do you recommend?

try to mine hodl, seems kinda good for cpu
legendary
Activity: 3248
Merit: 1055
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

Which coins are you mining with CPU?
I've always wanted to start mining but I don't have enough resources for hardware except CPU to which we can just buy some good GPC card in our local computer store. which kind of Graphic card do you recommend?
legendary
Activity: 2856
Merit: 1024
DGbet.fun - Crypto Sportsbook
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
Any ASIC designed for bitcoin will only be able to be used on SHA-256 based coins.  You can go to coinwarz to see a list of SHA256 based coins, but your profits are going to be really really small.

Ok but if I am going to mine newly launched coin that is SHA-256 based will it yield me profit I see on a list hat it can mine bytecoin which I mining now on minergate but if  I am going to get that large hashratse I can mine up to 2000 bytecoin daily compare to what I am getting now which is 50 to 100 bytecoin from 10 to 15 hashrate ..what is your opinion?
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
Any ASIC designed for bitcoin will only be able to be used on SHA-256 based coins.  You can go to coinwarz to see a list of SHA256 based coins, but your profits are going to be really really small.
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
I would like to ask what kind of Altcoin can this usb blockerupter can mine and is it really worth it
http://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO/ref=cm_cr_arp_d_product_top?ie=UTF8..

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