Money Talk

Want to mine

Submitted by BEPPE_PSN, , Thread ID: 82103

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RE: Want to mine

#31
to test this mining you can buy 1 gpu rx 580/70 and investigate what coins you can mine, will serve to investigate how it works, you can see this page that will help you see how much each gpu generates daily and if it is profitable
https://whattomine.com/
I hope I have helped you :D

RE: Want to mine

#32
thanks Smile good topic. see again bla and bla and bla......

RE: Want to mine

#33
anythinhasdsasdasdasdasddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd

RE: Want to mine

#34
Mining is just not profitable anymore, it takes so much money to build an effective rig, then you have the electricity costs to run the rig, then you have to calculate it all to see if you will make a profit and all whilst crypto values go up and down... completely not worth it in my oppinion.

RE: Want to mine

#35
[Image: PleasingMindlessEquestrian-size_restricted.gif]

RE: Want to mine

#36
Which is the better coin for to miner today in today ?

RE: Want to mine

#37
Mining isn't profitable as is going to be progressively more costly and less profitable as time goes on.. Thats how cryptocurrency works. You'd have to spend minimum 2000 dollars for a lame mining rig. GPU prices are too expensive. Just put that money in a roth ira like a big boy.

RE: Want to mine

#38
Mining is pretty much dead now.

Yes, you could probably mine for Monero, but even then, it's a waste. You need to use a mining calculator and plan for how much you are going to tip in from a $$$ persepective, versus the return. Getting a decent hash rate will mean a decent rig, decent rig will cost decent dollars, and then there is the power consumption to offset any profits.

You've missed the mining train by 3-5 years.

You'd be better of (If you wan't to get onto the crypto chain TOOT TOOT) to start trading cryptos, far far better. And it's not easy, it requires study of the markets. In many ways, it's just like normal share trading, just much faster paced. Think normal share trading, but on meth! And again, only invest what you can easily afford to lose.

RE: Want to mine

#39
Don't invest in mining, costs around $2,000 cheapest for an 'adequate' not 'budget' rig
If you have cash and believe in crypto, buy crypto straight up and wait for the value to go up.

RE: Want to mine

#40
what's with this bs misconception about mining not being profitable anymore
it depends on the circumstances, but if you have a decent electricity rate, good deals for hardware and a suitable tax bracket it can be very profitable
of course there's a huge risk involved with price fluctuations and whatnot, but when mining you'll always get to keep (and resell) the hardware should it become unfeasible to continue
i've been mining for a couple months with 2 gtx 1070s and i've made a few hundred bucks, not that good but not too bad either
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