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Been kinda out of the loop for a few years and wanting to know about bitcoin mining.Here


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Been kinda out of the loop for a few years and wanting to know about bitcoin mining.

Here are my options:

1) Mine something else other than bitcoins with a GPU

2) Mine bitcoins with a GPU

3) Mine bitcoins with one of the antminer things

4) Realize that it's not even worth mining them
>>
You need at least four GPUs with thousands of CUDA cores for it to be profitable.
>>
Mining is not profitable unless you have considerable capital and a way to avoid the power bill; buy and sell like any other stock.
Normalfags ruined buttcoin by making it a speculative market.
>>
>>54702084
youre too late
>>
>>54702084
You'd be better off mining an Alternative coin.

Like doge, or lite.
>>
>>54702084
>bitcoin mining
You missed that train by 6 years.
Anyway, >>>/biz/
>>
>>54702099
>>54702105
>>54702110
>>54702121
>>54702132
Alright thanks guys
>>
>>54702084
>Been kinda out of the loop for a few years and wanting to know about bitcoin mining.

You missed the boat. Now there's people running ASIC clusters and shit and you will never compete.
>>
The guys who make Bitcoin could literally flood the market, but they force people to destroy their computers to push demand, it's a scam that isn't worth it
>>
>>54702195

even with ASIC clusters it isn't profitable unless you get cheap/free electric or have a surplus of electric generation (where selling it back to the grid is worth less than the btc mined) and even then the huge initial cost offset generally means that if you want to "invest" into btc mining you'll make more if you just straight up buy btc in the first place

one of the few reasons to actually mine btc is that the resulting btc can't directly be traced to you
Thread replies: 10
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