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post #4091 of 22340
Quote:
Originally Posted by ivanlabrie View Post

...and I feel cpu mining is a great way to get your feet wet before going out and getting radeons galore.


I will personally vouch for this. Plenty of guides can be found online to set up cloud mining using free trials given away by VPS (Virtual private server) providers.

Speaking of Radeons... I will own 2x 5770 in less than an hour, barring any difficulties.
    
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post #4092 of 22340
Grats Ivan! Get them the info they need! There is much more out there then just BTC/LTC/FTC And we should all focus on maxing out Profits. Instead of sitting on one.

I have mined a ton of them and traded away to get where i am at And i call tell you just mining one LTC etc is not the best path.
    
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post #4093 of 22340
Yeah, I'm debating switching currency. I'm just getting into mining so advice would be great.

Seems like litecoin mining difficulty is skyrocketing and the value is dropping pretty quickly as well. Might be more profit in another currency at this point.
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post #4094 of 22340
Quote:
Originally Posted by BababooeyHTJ View Post

Yeah, I'm debating switching currency. I'm just getting into mining so advice would be great.

Seems like litecoin mining difficulty is skyrocketing and the value is dropping pretty quickly as well. Might be more profit in another currency at this point.

Yeah Ivan follows trends pretty well.

For example you could mine WDC atm not much profit.. But in a week it shoots to 800% profit you dump it... And then u find the next rinse and repeat.
    
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post #4095 of 22340
Quote:
Originally Posted by BababooeyHTJ View Post

Yeah, I'm debating switching currency. I'm just getting into mining so advice would be great.

Seems like litecoin mining difficulty is skyrocketing and the value is dropping pretty quickly as well. Might be more profit in another currency at this point.

In the same boat.

I am just not sure what to place my faith in.

Feathercoin? Megacoin?
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post #4096 of 22340
Quote:
Originally Posted by Hokies83 View Post

I Like! lol.

You must not have any lil kids around lol My son would have got water / stuck something into those open systems lol.

I am the kid lol. Turning 18 in Feb.

@cam I only have a 7850 and a XFX 7870 right now, the HIS 7850 does 330 and XFX 7870 does 300. sad-smiley-002.gif

I'm getting 3 5850s and 4 6970s on Monday, and 3 more 5850s plus another i7 920 & mobo in a week.

Not sure about power draw. The miners are in a room in my basement. If I keep the doors shut it will rise the ambient temp by at least 5C overnight. That's just 2 GPU and 2 CPU. Imagine the madness when I run 4 CPUs and 12 GPUs lol.
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post #4097 of 22340
Quote:
Originally Posted by Slappa View Post

In the same boat.

I am just not sure what to place my faith in.

Feathercoin? Megacoin?


Luckycoin (LKY)

Seems like a gamble it is 900% profit of BTC atm ive known it to shoot to 20x many times.
    
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post #4098 of 22340
Quote:
Originally Posted by Hokies83 View Post
 
Yeah Ivan follows trends pretty well.

For example you could mine WDC atm not much profit.. But in a week it shoots to 800% profit you dump it... And then u find the next rinse and repeat.

So, mine lots and wait for the value to skyrocket? Or wait till profitability increases, and then mine?

 

Profitability seems to be all over the place atm - I've been watching the profit calculators and $80/day (post electricity) doesn't seem likely, and that's the minimum I'd consider "safe" on the $3500 investment I was planning.

 

Does everyone expect BTC to go back up to $1200, or is that unlikely now?

post #4099 of 22340
Quote:
Originally Posted by Slappa View Post

In the same boat.

I am just not sure what to place my faith in.

Feathercoin? Megacoin?

Multipool is mining megacoin right now. I'm debating trying it out. Seems like there is more room for growth.
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post #4100 of 22340
What can I mine with my CPU while I'm mining LTC and FTC? Just curious.
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