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Is Mining Legit? - Page 2

post #11 of 15
I just recently sold my old 7870 to a miner. From talking to him, his strategy was quantity over quality, dig old rigs out of trashcans, fix em up enough to run the GPU, and let it go to work. He also would switch between litecoins and bitcoins after watching the market and determining which was more profitable day by day
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post #12 of 15
The time you'll lose figuring it out you'll have made 100000% more money selling lemon juice.
post #13 of 15
Quote:
Originally Posted by RatPatrol01 View Post

I just recently sold my old 7870 to a miner. From talking to him, his strategy was quantity over quality, dig old rigs out of trashcans, fix em up enough to run the GPU, and let it go to work. He also would switch between litecoins and bitcoins after watching the market and determining which was more profitable day by day

I'm going to guess that he doesn't pay his own power bill.

To the OP:
Join a mining pool.
Trade any earned BC on an exchange like MtGox.
Protect your wallet file.
Don't bother unless you don't pay for your own power. You're looking at something like $60/mo, if you are lucky, through a pool.
Don't bother trying to mine if you aren't in a pool.
Make sure you have a solid power supply.
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post #14 of 15
Quote:
Originally Posted by Ribozyme View Post

I don't think it is worth it anymore because of the dedicated ASIC-miners. Mining difficulty is going up exponentially and depending on where you live, the payout won't be enough to pay the electricity bill. If you wanne make money, get dedicated Asic-miners. But they are on backorder. So by the time you get your miner, difficulty has risen again to the point that you won't make any profit anymore.

Mine Digitalcoin then you can still profit well.. Information is in the Main thread about it.

I have made Thousands of dollars mining it is very worth it...

If your a gamer and have Amd gpus.. is it not kick butt to be able to run ur gpus while your alseep and make money? Then start gaming again when ever your ready? thumb.gif
    
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post #15 of 15
Quote:
Originally Posted by Hokies83 View Post

Mine Digitalcoin then you can still profit well.. Information is in the Main thread about it.

I have made Thousands of dollars mining it is very worth it...

If your a gamer and have Amd gpus.. is it not kick butt to be able to run ur gpus while your alseep and make money? Then start gaming again when ever your ready? thumb.gif
Haha! I just started mining DGC like 5 minutes ago and have already found like 4 blocks! Maybe I should be solo mining?
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