Quote from: LordCoder on August 30, 2016, 11:58:05 PM

Quote from: merelcoin on August 29, 2016, 12:51:48 PM

Quote from: CardShark659 on August 29, 2016, 12:47:32 PM

hello i am looking to possible invest into mining i wanted to get peoples thoughts on mining itself and how profitable it is/can be potentially heard a few people say there is no money in mining but wanting to hear others opinions also wanting to know what kinda of mining software would be best to buy

It's not about the software, it's about the hardware... IF you want to have a shot at profit mining bitcoins, you need to buy a dedicated ASIC.
At the moment, you have the S7, the S7-LN, the S9 or the avalon 6. The R4 is supposed to be coming out pretty soon, that would be an option to.

The profit depends mostly on your electricity rate, but also on your country (importtax, shippingcosts) and the infrastructure you already have (shelving, airco, PSU's,...). To tell you the truth, you need very cheap electricity, a big budget and preferably a little bit of luck with your serverroom and country in order to make some profit.

You can always have a look at altcoin mining using decent GPU's, the initial cost might be different than buying antminer or avalon gear.

Well, the software should be optimized as well, and probably it'd be interesting to have very optimized miners for GPUs in order to obtain the maximum revenue per card.

There isn't much to do with software compared to hardware.
Also, it's worth mentioning mining software is usually open source.