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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1382

post #13811 of 22340
Quote:
Originally Posted by ivanlabrie View Post


It sure is profitable, but you won't strike it rich with a single R9 270 tongue.gif
You need to invest and wait for ROI and then invest some more...or learn how to trade and use big volumes of btc to make more $$$.

I have no problem getting more cards or equipment to mine, but still leaves me with the "what coin to mine" question as to make cash. I have got 6 different recommendations from people. lol a tad confusing. I had planned on grabbing another 270X as well as a dedicated miner to keep at my shop. Like 4x750ti or something.

and whats ROI?
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post #13812 of 22340
Quote:
Originally Posted by Dimaggio1103 View Post

I have no problem getting more cards or equipment to mine, but still leaves me with the "what coin to mine" question as to make cash. I have got 6 different recommendations from people. lol a tad confusing. I had planned on grabbing another 270X as well as a dedicated miner to keep at my shop. Like 4x750ti or something.

and whats ROI?

Return on investment.
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post #13813 of 22340
Quote:
Originally Posted by Dimaggio1103 View Post

and whats ROI?

ROI is Return On Investment, or the point at which an investment has paid for itself.

As for what coin to mine, it's very difficult to say, which is why you get so many recommendations. You just have to either pick one, or use something like TradeMyBit or Multipool to do the choosing for you.
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post #13814 of 22340
Quote:
Originally Posted by Dimaggio1103 View Post

I have no problem getting more cards or equipment to mine, but still leaves me with the "what coin to mine" question as to make cash. I have got 6 different recommendations from people. lol a tad confusing. I had planned on grabbing another 270X as well as a dedicated miner to keep at my shop. Like 4x750ti or something.

and whats ROI?
return on investment.
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post #13815 of 22340
Thread Starter 
Quote:
Originally Posted by Dimaggio1103 View Post

I have no problem getting more cards or equipment to mine, but still leaves me with the "what coin to mine" question as to make cash. I have got 6 different recommendations from people. lol a tad confusing. I had planned on grabbing another 270X as well as a dedicated miner to keep at my shop. Like 4x750ti or something.

and whats ROI?

If you go Nvidia I can give you a few tips with the setup and which coins to pick. AMD, it's pretty easy, just go for wafflepool.com and get 0.01btc per 1000kh/s like most people do.
You could do that and buy coins you think might boom with the profits, or part of them.
post #13816 of 22340
Quote:
Originally Posted by ivanlabrie View Post

If you go Nvidia I can give you a few tips with the setup and which coins to pick. AMD, it's pretty easy, just go for wafflepool.com and get 0.01btc per 1000kh/s like most people do.
You could do that and buy coins you think might boom with the profits, or part of them.

Intresting so you think mining BTC on my beginning setup would be worth while? I thought that was near impossible for non ASICS now.
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post #13817 of 22340
.01 btc a day?
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post #13818 of 22340
Quote:
Originally Posted by Dimaggio1103 View Post

Intresting so you think mining BTC on my beginning setup would be worth while? I thought that was near impossible for non ASICS now.

WafflePool mines altcoins, then exchanges them and pays out in BTC.
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post #13819 of 22340
Quote:
Originally Posted by Gungnir View Post

WafflePool mines altcoins, then exchanges them and pays out in BTC.

So again would it be more profitable than say mining doge? If I switch to wafflepool will my rig be able to get .01 BTC a day?
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post #13820 of 22340
Quote:
Originally Posted by Dimaggio1103 View Post

So again would it be more profitable than say mining doge? If I switch to wafflepool will my rig be able to get .01 BTC a day?

It's about .01 BTC/day for 1mH; you have 500kH if I recall, so it'd be ~.005 BTC/day. I believe that's more profitable than Doge right now, but you might want to look into that to make sure.
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