Deep Web/Bitcoin Mining

[z31maniac]

I was getting ready to build a gaming rig in the next month or two, are the new currencies still worth mining with a GPU or ?

[supermansocks95]

Anyone looking into other forms of cryptocurrency?

[Dj Buttchug]

I've done well with Ltc for a while. its not as hyped as btc and the spreads are relatively good

[slammin.e28]

I've been eyeballing some Ethereum. I feel like you can't really go wrong at this point with any of them, especially when I can blow a few hundo on bullshit I don't need. May as well dip into this and ride the wave.

[cale]

Impossible to chase a winner, definitely wise to put a few hundred in each. With BTC coming more and more into the mainstream, I suspect it will still be currency to bank on.

[Joe G]

^ exactly what I did. $100-150 in each with another $25 here and there when they dip.

[decay]

Anyone looking into other forms of cryptocurrency?

i'm currently working on rebuilding my mining rig- will have 3 GPUs merge-mining ethereum and pascal.

after i get that up, i'll fire up my little farm of scrypt ASICs, merge-mining litecoin and dogecoin.

both of the secondary currencies (pascal and doge) will get flipped to bitcoin. those 3 currencies (ETH, LTC, BTC) will all be stored in coinbase- they've been around long enough that i trust them not to be a fly-by-night operation.

since your next question is probably "what's merge-mining"; lots of cryptocurrencies are forked off of each other and use the same cryptographic algorithm. this means the work the hardware is doing can be submitted to both blockchains.

[supermansocks95]

Cloud mining looks pretty nice, as long as the company is reputable

[decay]

Cloud mining looks pretty nice, as long as the company is reputable

do *not* buy a cloud mining contract. they are all ponzis. you will not hit ROI.

[supermansocks95]

do *not* buy a cloud mining contract. they are all ponzis. you will not hit ROI.

Ahhh, alrighty then. I'm actually looking into mining Etherium for a small passive income. Might set up my old S6 as a passive miner as well. Doesn't kill the processor.

[kickinindian]

if i wanted to solo mine my PC at night time what should i mine? ive tried understanding the systems but i guess i just have not put it all together yet lol

[supermansocks95]

I'm thinking smaller altcoins. Something that's easier to mine. Bitcoin takes quite a bit. Mine smaller, and you'll get a nice small bit of extra income. I'm seeing if mining ethereum with my phone will actually work. I've calculated 12 days at the current rate will get me 1 ETH. I'm guessing it's probably too good to be true, but we'll see. I've got my wallet set up and all. I've also got my old S6 running it.

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[Wschnitz]

Yeah no way you will get 1 Eth in 12 days. My 1070 hashes ETH at 31mh/s which comes out to like 200 days.

[supermansocks95]

Lol yeah too good to be true. I figured it was, but thought I'd give it a shot. Oh well. Nothing lost, nothing gained.

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[supermansocks95]

I also went ahead and put a shitty review for the app. Maybe it's the alcohol talking, but I'm sick of getting false hope of actually getting at least a little extra. I just need to stop trying things that seem too good to be true.

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