Fight Pass - Bitcoin Mining

5 stars based on 68 reviews

I have read a few articles of bitcoins, but I still don't get the full jist of it. So you will require better computer to get get more bitcoins. Why do they bitcoin mine though? Is there a benefit of mining these virtual coins?

The vast market uses electrical cash like credit and debits, with the paper cash, so why bitcoins? If I had a time machine I would rob a bank or bitcoin mining forums whatever it takes to get 4 Radeon Pro's, two W PSU's, and go to to mine and become a millonare over night.

That is my exact point, don't stop there. Imagine how much you could sell 4 Radeon Pro for in 08' AMD would probably pay you millions to buy just even one from you.

But, I guess it is very hard to get with combos getting harder and the amount of processing power required. With a very energy efficient system, otherwise you'll end up wasting all your cash on power bills.

By the way though, the whole Bitcoin scene is sort of dying off. As it gets harder and harder to get more bitcoins, you'll find yourself getting less and less money, and with that you'll be at more of a loss.

The bitcoin mining forums thing about bitcoins though is that they're untraceable, and are worth quite a bit as their value either increases or decreases and with this can be used to bitcoin mining forums for a number of things. Yeah I've known about bitcoins for awhile bitcoin mining forums, and by the time I bitcoin mining forums wanted to try bitcoin mining forums, it was too late.

Oh boy was i wrong lol. There is no point to mine. I built several miner back in like or so, but its so difficult now that you will never make back your power costs with your coins. Bitcoin mining forums PCDanbo 15 months ago. TheOfficialCzex 3 Builds 1 point 15 months ago. Why stop there, bring back a whole bunch of asic based miners bitcoin mining forums use them instead. PCDanbo submitter 1 point 15 months ago. KinFresh 1 Build 1 point 15 months ago.

ItsJustTurtles 1 point 15 months ago. You're welcome By the way though, the whole Bitcoin scene is sort of dying off. TBH, id rather invest my money in something that's real and more valuable: Enrico 1 point 15 months ago.

AwesomeBuilderXE 3 Builds 1 point 15 months ago. If you want BTC, exchange other currency for it. Razorwing02 1 Build 2 points 14 months ago.

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And its easy to use. I have an old Radeon HD laying around, do you know how much can it make a day without factoring in the electricity cost? I don't know really, its old enough that its not on the Nicehash calculator and I also don't have one so. Mine something like ethereum, and then immediately shapeshift the proceeds. Mining bitcoin is pointless now as there are literal factories of dedicated miners all over the place.

Dogecoin is making a small comeback! It basically boils down to power cost. I'm completely new to this. Can you give me something to start with? Which "altcoin" do you recommend at the moment? Which software to use? How do I sell the proceeds? How is it better than nicehash? The guys seem to be doing well with it. For the love of God stay away from nicehash. You'll make less money and there's a whole slew of problems.

The short answer is mining btc with gpu is beyond dead. The long answer is mining altcoins is still more than viable. Best to mine right now is ethereum, followed by zec sometimes zec is better depending on hardware. Only some coins are able to use asic miners. A lot of them have an encryption that either 1 never allows it or 2 takes a while for it to be broken to allow them. Either way other than bitcoin asic miners won't work. I think litecoin got cracked a while ago I'm not sure though.

Unless you are selling the GPU for Bit coins no. ASIC miners and low power cost's are the only way anymore. Does the rising value of Bitcoin make GPU mining a valid option nowadays?

It's waaaaaaaaaay past that now. So my 30 doge coins are worth 8 cents. Woopty fucking doo daa. Just with nicehash At 0. Is there performance difference between mining with nicehash on Windows vs Linux?