Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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I think it’s because the USD to ETH process is faster than USD to BTC and then it’s a matter of converting from ETH to BTC since that is just values in an account ledger.
Could also be because people see it as more manageable when they can afford an entire coin and not percentages of one.
YttriumF
The Karenist Karen
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I do not have anything for sale, but I am building a hobbyist mining rig. Going to learn the fundamentals of cryptocurrency.
If you're thinking of buying a miner, be aware of this first This Bitcoin Developer Is About to Take on the Mining Hardware Industry
Cad
scientia potentia est
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There's always something being released thats going to blow the doors off of X... but X is available right now. Or "right now" in bitmain terms...
When those are available I'll look at them.
Arative
Ahn'Qiraj Raider
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I really think if you are going to get into mining, you might look at alt coins. I have some old s1 and s3 gathering dust. Got an s5 and three avalon miners going now. It's only 10 terahashes. It just wasn't worth running the s3s anymore. I feel like the only people that win in the Bitcoin mining is the hardware manufacturers.
If you don't do an alt coin, you'd probably be better off spending the money on buying Bitcoin instead of mining hardware.
If you don't do an alt coin, you'd probably be better off spending the money on buying Bitcoin instead of mining hardware.
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Cad
scientia potentia est
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Monero on a machine with a 1080 is making like between $1-2/day according to WhatToMine - Crypto coins mining profit calculator compared to Ethereum . One of the S9's is making ~$37/day right now. How is that even in the same ballpark?
Siliconemelons
Naxxramas 1.0 Raider
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I am looking at a used antminer s5 --- because of the price of BTCs now makes lesser rigs in a pool more viable- not the best... but 1ths - not .. Great, not bad...ehh.. But intro and cost flat is my goal.
I'll be plugging this shit up at work, so...power costs are a non-factor.
Arative
if u want to get rid of your s1's and 3's hit me up may do that than buy this s5 I am looking at. I can pay shipping and dust off fees 
I'll be plugging this shit up at work, so...power costs are a non-factor.
Arative
if u want to get rid of your s1's and 3's hit me up may do that than buy this s5 I am looking at. I can pay shipping and dust off fees
Cad
scientia potentia est
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Just seems like a fairly irrelevant amount of money and the number of GPU's I'd need mining to make it worth my time turns it into a very large operation.
Khane
Got something right about marriage
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Just keep in mind that people have been saying this pretty much since the inception of Bitcoin (myself included). Getting 1 bitcoin per month 3-4 years ago on a gaming rig hardly seemed worthwhile but today that 1 bitcoin is worth thousands. ~16k isn't a bad monthly haul for doing absolutely nothing.
The real winners are the merchants/people who started accepting BTC years ago. The amount of overnight millionaires due to this is going to make the tech boom look like child's play.