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In Litecoin established itself as a major player within the world of electronic The interactive text menu allows difficulty to change settings without permanently adjusting the config file. No crossposts w9000 other crypto firepro unless the information is also relevant to Litecoin. I w9000 take a look at these articles litecoin I have some free time and Litecoin look forward to learning more. Now, this might change in the future, but for now, ATI firepro the way to go if you are trying to get a card for mining independently. BitcoinMining comments other discussions difficulty.
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Application Specific Integrated Circuit. I might just as well trade forex, or stocks. It automatically trades and sends me bitcoins. It will look something like this: It's still cheaper to mine in terms of energy costs compared to what you can sell the things for.
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Become a Firepro and subscribe to one of thousands of communities. He meant that as a depository of w9000 Bitcoin is king, because it's the most well established. You won't be able to vote or litecoin. Google tells me that card under will be about W. New coins aren't pre-mined, so everyone gets a difficulty chance.
I have free electric. What's the best miner to get? : BitcoinMining
Many will recommend buying directly from bitmaintech. I have no experience with them personally, however. I'm also going to mention a few other reasons that it's clear you need to do more research yourself.
First, your budget of USD and wanting to make a profit are incompatible unless you can find something secondhand for a better price than from bitmaintech. Second, the fact that you are specifically saying you don't want to do this if the only profit comes from Bitcoin doubling or tripling in value is both good and bad. It's bad because it tells me you are not looking at prices of miners in terms of BTC.
The "profit" should be looked at in terms of this, in my opinion, because the baseline should be vs had you bought BTC instead of a miner. The good part though is that from your statement, is that it sounds like you are starting to look at it that way.
I'm not trolling, honest, but I am really uneducated in it and did get lazy I will admit readily by just throwing this post out there first. I threw that link up because I saw the card can do 5. Frankly, I wouldn't put myself in either camp necessarily but I would say that I wouldn't be surprised to see Bitcoin go up before it goes down. What I mean, I suppose, is I don't want to just buy bitcoins because that's just a simple bet.
I prefer buying the ability to get more and more for just the upfront cost, and then possibly selling the unit later on. But that's why I'm posting this and trying to learn because I don't know. The FLOPs of a video card is a measure of raw theoretical performance and not related to any specific application.
You can get a 2. Those aren't a good deal though either. And here's a list of key terms you might run into that you don't know and how they relate to Bitcoin:. Thank you, that's very helpful! I appreciate the time you put in. I will take a look at these articles when I have some free time and I look forward to learning more. Certainly not buying the W! If you can still get an S5, that's fine.
The S7 is Bitmain's current offering, but it doesn't come cheap. Pre-owned S3 and such are also still an option given the free elecricity part. Try including more information budget, what you're hoping to get out of it, etc. Do keep in mind that none of us can predict the future. Thanks that's really helpful! My budget is way lower than what my link implies. I noticed on Amazon there are some S5s used. Is that a bad idea or rolling the dice that I get something that breaks down before it can break even?
I'm a bot, bleep , bloop. Someone has linked to this thread from another place on reddit:. If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. And write about it! I'll also likely write opinion pieces as to why. But basically John was totally right. We're throwing away GPU cycles and power. I'm gonna defer to you on this one ultimately, since you were in the game far earlier than me.
I'll offer two reasons:. Bitcoins were pre-mined, which means someone is unfairly sitting on billions of dollar worth. New coins aren't pre-mined, so everyone gets a fair chance. Bitcoins are so inflated that you have to start trading in micro-bitcoins. That's just boring, frankly. As long as I can trade the coin, and it has a value on an exchange, I'm not sure why thats a waste. I do hope in the end that we settle on only a few currencies so the prices can stablisise - but then how many "real" currencies are there in the world?
Do they not co-exist peacefully? Very nice and informative article. Which other cryptocurrencies are worth mining according to you? You can mine anything based on Scrypt - dogecoin, feather, litecoin though very difficult now, not much profit. But I have seen many people mining Bitcoins from their PC. Maybe I am totally wrong but I doubt after reading this: Which cryptocurrency you are mining right now?
Is it a good practice to start mining cryptocurrencies because it sounds easy standing far away. Yes, you're wrong, but let me clarify why: It is so inefficient that you would simply be throwing away cash - real cash, not virtual stuff.
Right now I've joined an auto-pool which switches the currency automatically based on profitability, so I'm not mining any specific coin. It automatically trades and sends me bitcoins. That's really good that you have joined Auto Pools. Can you please list some of them. I have seen many by searching on Google. But they don't seems legit.
Can you list those ones, which you are using? I was playing with hashco. I have a limited data plan 4Glte, 20Gb, because I live just a few miles from town. It looks like that would work as far as processing would go. From what I've researched so far. Mining doesn't sound like it'd pay off vs energy and equipment. I like the article in at least it got me to research despite what I've read from some others.
This is new to me. Best thing to do would be to measure using your system monitor. Well, I thought that 3 years ago. Fool me once, shame on you! Fool me twice, well Darth, you can do that as well just by registering for a litecoin wallet and find a site where you can purchase litecoins.
One thing this article doesn't mention is Nvidia cards, which I'd like to help anyone who has one here now. First, Nvidia cards are slower than ATI cards, so the problems are that even if you have one, you can still mine Litecoins if you so choose, but be prepared for slower returns because the Nvidia cards process the complex calculations slower.
Because ATI cards are built for processing better than Nvidia. Now, this might change in the future, but for now, ATI is the way to go if you are trying to get a card for mining independently.
But what if you're already stuck with a high-end Nvidia card or even a low one and you want to mine with it? The costs aren't going to look good, unless you get electricity for free then you can still mine with it.
First get that Litecoin wallet. Next, if possible, make sure that you have the latest CUDA-Miner, which should be from version. Please do some research before asking for help.
You can find great resources via our sidebar, our wiki, and the reddit search function. For more information on this rule, click here. Please post your configs if you are asking for help, or if you are submitting pictures of your mining rig. For more information on this rule, click here and here. Welcome to Reddit, the front page of the internet. Become a Redditor and subscribe to one of thousands of communities.
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