Post
Topic
Board Mining
Re: Need help deciding - 5870 or NOT ?
by
MKEGuy
on 26/02/2013, 02:32:16 UTC
Here is the best answer anyone can give you, IMO.

step 1 - If you have to ask the question, the answer is automatically a resounding no.  Just go buy some litecoins or bitcoins and trade with them - sell some things, etc.   There are other was to make money in bitcoin then just mining.

Your probably going to be stubborn and want more then that.  So - come back to the forums and read, read, and read some more.   Find out everything you know about the various coins and start figuring out which direction YOU woud like to go.  Sure you can consider others opinions but a lot of times you'll find out that they are just that - opinions.  Everyone has one - most of them stink.

Once you have an idea of where you'd like to head with the mining, you need to start crunching numbers.  I'm not going to hand it all to you, but I will say that if all you are doing is calculating max hashrates vs power consumption - save yourself the time and go back to step 1.  There is a lot more to it then that, and anyone who tells you otherwise is either lying or a fool! Smiley

This probably isn't what you want to hear - but I think it sums it up quite while.  I think making the blanket statement that getting into mining is just "to little to late" at this point is again either lying or full of poop.

Good luck to you!