Money Talk

Mining Bitcoins

Submitted by involvex, , Thread ID: 9446

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involvex
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28-08-2015, 09:51 AM
#1
Hey,
i just started to get interested in mining bitcoins. So i googled how to do it.
So i got the Software guiminer and made me a Pool Account atmining.bitcoin.cz .
So now if im mining at my PC i make a round 100 - 150 MHash/s.
So do you think its worth it ?

RE: Mining Bitcoins

Sui
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28-08-2015, 02:58 PM
#2
Not an expert at Bitcoin mining, but at that rate you'll make a small amount of bitcoin. You won't make something like $20, but you'll at least have SOME bitcoin.
yeah

RE: Mining Bitcoins

Faded
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28-08-2015, 08:21 PM
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Mining is useless now, you won't make any profit unless you have a big mining rig, which costs thousands if not 10's.
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RE: Mining Bitcoins

Inception
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28-08-2015, 08:59 PM
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Mining isn't worth it considering the electrical and hardware expenses. You're better off gambling Tongue

RE: Mining Bitcoins

Bitdefender
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02-09-2015, 02:01 PM
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No it's not worth it anymore.
You'll only make chump change which won't even pay for the electricity you'll be using.

RE: Mining Bitcoins

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03-09-2015, 12:19 AM
#6
You are wasting your time mining Bitcoin now, if you find a relevantly new coin that might make it big go for that.
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RE: Mining Bitcoins

GoldenJack
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04-09-2015, 03:47 PM
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If you want to mine you need to go blackhat. Figure out how to have other computers mine for you and the spread it like a proper virus, you don't pay electricity, you get more computers working = Profit?

RE: Mining Bitcoins

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06-09-2015, 02:39 PM
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04-09-2015, 03:47 PM
GoldenJack Wrote:
If you want to mine you need to go blackhat. Figure out how to have other computers mine for you and the spread it like a proper virus, you don't pay electricity, you get more computers working = Profit?
Now THAT'S a method.

But what if he doesn't want to blackhat? Maybe he wants to be a whitehat.

RE: Mining Bitcoins

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06-09-2015, 05:12 PM
This post was last modified: 06-09-2015, 05:13 PM by Arbiter
#9
04-09-2015, 03:47 PM
GoldenJack Wrote:
If you want to mine you need to go blackhat. Figure out how to have other computers mine for you and the spread it like a proper virus, you don't pay electricity, you get more computers working = Profit?

This isn't a very good option either, running miners on bots makes the pc unstable and will probably kill off your botnet slowly plus its just not profitable enough to keep it up.
Trading & Investing is the way to go.

RE: Mining Bitcoins

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06-09-2015, 09:42 PM
This post was last modified: 06-09-2015, 09:43 PM by GoldenJack
#10
06-09-2015, 05:12 PM
Cloak Wrote:
04-09-2015, 03:47 PM
GoldenJack Wrote:
If you want to mine you need to go blackhat. Figure out how to have other computers mine for you and the spread it like a proper virus, you don't pay electricity, you get more computers working = Profit?

This isn't a very good option either, running miners on bots makes the pc unstable and will probably kill off your botnet slowly plus its just not profitable enough to keep it up.
Trading & Investing is the way to go.

Spreading is essentially free if you're not sitting on your ass and buying 2 cent bots that would die out on their own anyway. And if you optimize your remote miner so it doesn't take up so much resources that it would make using the PC impossible then you might have a long lasting mining colony. If I were doing it I would not try to squeeze every drop of "juice" out of a single bot but I would go light on each one of them while concentrating on making profit with quantity of bots. If you had like 10 000 bots and you use 25% of their resources I think you'll make a pretty buck and not bother the users at the same time. Then again I don't know first hand considering I've never tried it. :money:

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