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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1249

post #12481 of 22498
Quote:
Originally Posted by tice03 View Post

Use this to watch the DOGE market

Cryptsy DOGE/BTC

Yesterday the Doge was very good to me, today, not so much. rolleyes.gif
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post #12482 of 22498
Quote:
Originally Posted by Eggy88 View Post

Don't know if this has been posted earlier, but yet another reason to go for Gpu's vs early ASIC's:

http://www.dailydoge.org/2014/02/02/asic-dualminers-a-total-bust/

Makes me glad I went with cards, something just told me, "no" and I went with the cards.
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post #12483 of 22498
hi people im not currently mining but its something i have been looking into for the past few weeks, my card of choice is going to be an r9 280x which brand im not sure of yet will see how far my expensies will go one week on friday.

my questions are....

will mining with one r9 280x be worth my while? i was looking to bitcoin but recently found that litecoining would probably be better for me....

would this be the case?

is there anything else i need to know??? or is it set up an account buy a card and off i go?

many thanks
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post #12484 of 22498
Quote:
Originally Posted by gibby1690 View Post

hi people im not currently mining but its something i have been looking into for the past few weeks, my card of choice is going to be an r9 280x which brand im not sure of yet will see how far my expensies will go one week on friday.

my questions are....

will mining with one r9 280x be worth my while? i was looking to bitcoin but recently found that litecoining would probably be better for me....

would this be the case?

is there anything else i need to know??? or is it set up an account buy a card and off i go?

many thanks

There are many altcoins to mine, and Litecoins (LTC) are not the best to mine at the moment because of their difficulty. If you follow this thread you can follow the trending coins, that should do well. As for mining on a single card, yes it will be "worth it" but a single card won't generate that much money. It also depends on your power costs as to whether it will be worth it. Also it is impossible to mine Bitcoins anymore unless you jump in with a very large investment into ASIC's which even still would be recommended against, because the same amount of money put into GPU miners and mining altcoins would be more profitable.
post #12485 of 22498
You're probably also going to have a hard time finding a 280X at a reasonable price.
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post #12486 of 22498
A lot of people are moving down to the 270/270x and they are rising in price fast.
post #12487 of 22498
Quote:
Originally Posted by Faster_is_better View Post

There are many altcoins to mine, and Litecoins (LTC) are not the best to mine at the moment because of their difficulty. If you follow this thread you can follow the trending coins, that should do well. As for mining on a single card, yes it will be "worth it" but a single card won't generate that much money. It also depends on your power costs as to whether it will be worth it. Also it is impossible to mine Bitcoins anymore unless you jump in with a very large investment into ASIC's which even still would be recommended against, because the same amount of money put into GPU miners and mining altcoins would be more profitable.




i have subscribed to this threadso will be keeping an eye on it, and obv. ill probably be asking alot of questions lol, so ive just downloaded a LTC wallet and its currently syncing....

will this be a waste of time then if LTC is harder for me to do? or will a LTC wallet work for all mining?


i am also from the UK and currently have my eye on a couple of 280xs for about £250 which im hoping will still be about when i come to buy them lol
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post #12488 of 22498
This site has a rough profitability calculator based upon the wattage of your system v. card performance and will tell you which coin is the most profitable to mine at that very instant, but that changes minute to minute.

http://www.coinwarz.com/cryptocurrency
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post #12489 of 22498
Quote:
Originally Posted by Roulette Run View Post

This site has a rough profitability calculator based upon the wattage of your system v. card performance and will tell you which coin is the most profitable to mine at that very instant, but that changes minute to minute.

http://www.coinwarz.com/cryptocurrency

so once ive decided what coin to mine i need to download a programm for that coin everytime i change the type of coin im mining?
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post #12490 of 22498
Quote:
Originally Posted by gibby1690 View Post

so once ive decided what coin to mine i need to download a programm for that coin everytime i change the type of coin im mining?

Or you could mine at a profit switching pool that cashes out in Bitcoins. Google them because I've explained it frequently here thumb.gif
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