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#1: bit coin mining Author: Soulfly, Location: Edinburgh,Scotland

Posted: Wed Jan 15, 2014 5:36 pm
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anyone tryed it, worth it?

#2: Re: bit coin mining Author: Neanderthaler, Location: Netherlands

Posted: Wed Jan 15, 2014 6:13 pm
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i realy don't know m8

#3: Re: bit coin mining Author: Colin747, Location: Northern Ireland, UK

Posted: Wed Jan 15, 2014 8:10 pm
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I know a few guys that have tried it, if you're paying for the electricity that's running the computer then it'll lose you money even then it's hardly worth it. Where you looking at the Butterfly labs stuff?

#4: Re: bit coin mining Author: Soulfly, Location: Edinburgh,Scotland

Posted: Wed Jan 15, 2014 8:30 pm
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not seen the butterfly labs, will look at it soon. looked over a couple noob guides and set it up just to see what it was like. 180 mhash is shite, so ill probaly give up

#5: Re: bit coin mining Author: Solinaci,

Posted: Thu Jan 16, 2014 12:18 am
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I looked into it a while ago. Maybe it was possible to profit from it in the beginning, but nowadays you can just lose money with it. You need a really powerful machine to mine any significant amount (they're even selling specific machines for this single purpose), and then you have to pay for maintenance. too (electricity etc., just like Colin mentioned). I think people who do it nowadays just do it as a hobby or for "the cause", whatever it may be.

#6: Re: bit coin mining Author: Ares0, Location: Widnes, England

Posted: Thu Jan 16, 2014 6:50 am
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Good topic Soulfly, tried it myself this week. It really isnt worth it at all. Electricity costs would just suck the life out of any profits you'd expect to make. Unfortunately for me, I have a GTX 680 which is a really good card for gaming but Nvidia cards are really shitty for Mining ( 120.0 Mhash MAX ) going off the bit-coin calculator I'd never break EVEN.

#7: Re: bit coin mining Author: Soulfly, Location: Edinburgh,Scotland

Posted: Fri Jan 17, 2014 9:35 am
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Am still fucking about with it, nothing serious and will probaly stop in abit. Slightly oc my gpu for 205 mhash lol. To get any decent results need to build a proper mining rig with least two gpus..Am not going to look at calculator yet, i know results will be shite lol

#8: Re: bit coin mining Author: CelticJay, Location: Germany

Posted: Fri Jan 17, 2014 4:21 pm
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Soulfly maybe you need something like that... link

#9: Re: bit coin mining Author: Soulfly, Location: Edinburgh,Scotland

Posted: Fri Jan 17, 2014 4:24 pm
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haha, doesnt cost much eh

#10: Re: bit coin mining Author: CelticJay, Location: Germany

Posted: Fri Jan 17, 2014 4:27 pm
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Uhm good reason mate, so winning the lottery first is maybe the best solution.

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