Is it worth mining bitcoins with gpu

Bitcoin mining calculations with. and as long as there is an Altcoin that is profitable to mine, GPU miners will be worth the money and.Trust in govt lol my ass I buy silver and gold and that is my real worth.With bitcoins crashing, localbitcoins.com should see many sellers.All of this will allow the machine to mine with a hashrate significantly higher than the advertised rate.

Is Bitcoin Mining Still Profitable? | Investopedia

Bitcoin mining - reality or commercial

The best way to answer this would be to start out with a Bitcoin mining calculator like this one.Instead, I make 0.5BTC per day, diminishing over time with difficulty level, and will just break even or make a small profit. Yay.I know nothing about Bitcoin compared to most of the people who are reading this or in Bitcoin.Is Bitcoin mining profitable after the mining difficulty increased dramatically in the past 2 years.But neither impact mining speed at all, since the GPU code is.

We really should be pragmatic about things and stop trying to stroke our own ego.But that being said. it is pure gambling buying mining equipment or buying bitcoin when the market is so extremely volatile.At first i thought it was if one only looked at the output from the unit, and did not take power consumption etc, in the equation.Using the calculator it will take me about 250 days to pay off my 4 erupters.I would make back my original and a little more, without losing the opportunity cost, right.Regardless though mining is highly unlikely to be profitable unless XBT prices is a few magnitudes higher.

bitcoin | Hackaday

Bitcoin mining is profitable, but it is hard to keep it that way. Is it still worth it to mine Bitcoin in 2017.I dont believe in cloud mining because I havent seen that i can trust.You would make back your investment in a month. of course the problem of electricity is different.The lure of stolen Bitcoins depends on how much Bitcoins are worth, and the value of a.By mining unprofitably you are simply driving up difficulty for no purpose whatsoever.Bitcoin Gold Mining Contract Lifetime Small Sponsored. Mining. How to Mine Komodo with CPU and GPU. the performance increase is well worth the fee charged.And when I turned it off after making 2.5btc, it was just shy of paying for itself.

Whether that trade-off is worth-while is a decision you would need to make.The first miniRig was exceptionally successful, and the powerhouse of the pre-ASIC period.Examine any potential ways you could utilize renewable energy.MBC Mining Bitcoins and other Cryptocurrencys. the Scrypt Algorythm that AppleByte is using is still somewhat worth it with GPU and CPU mining,.

A breakthrough in ASIC technology is unlikely in the near future, but certainly possible.Mining bitcoins has been a very profitable venture for a very long time.If there is a new alt coin out, this is not the place to discuss or promote it.

Store with a list of the products you would need to get started GPU mining or Bitcoin.Market forces or even simple network outages could push one entity over a 50 percent share which, even without an attack, will compromise the whole currency.

Litecoin has seen a recent influx of new miners getting involved post crypto bubble and the same question has been asked on here month on month.The result will be your true cost per kWh for running your Bitcoin miners.The arms race in the Bitcoin mining industry has resulted in a huge shakeout of providers.It has a small chance of mining a block but does not generate monthly revenue.Bitcoin, Day Trading and Investing, Featured, mining, Popular.

MBC Mining Bitcoins and other Cryptocurrencys - facebook.com

[H]ardOCP: Bitcoin Mining GPU Performance Comparison

I had a reason because I thought I can ROI in XBT value, I was wrong.

6970m Bitcoin mining | Coins charts hash

Yes, mining is worth it. This statement was much more true in the days of GPU mining.If you notice somebody abusing the subreddit rules, please message the moderators with the permalink in question.But there are definitions of Bitcoin that even a five-year-old could understand.The era of Bitcoin mining on the GPU is. it requires far more memory than Bitcoin mining — several gigabytes worth,.

With many mining rigs well into the thousands, I just feel it needs to be stressed more.As common as it is in Bitcoin Mining, it is far to risky to be carried out over reddit.The will be driven out in disproportionate numbers by difficulty much like small stores were driven out in favor of Walmart and Target.Likewise, all moderators of this subreddit do follow the Modiquette.It provides cryptocurrency tools, mining calculators, tutorials, and more.REDDIT and the ALIEN Logo are registered trademarks of reddit inc.

Bitcoin Mining on Mac OS X – BitMinter | blog.nwoolls.com