Hey guys,
I'm fairly interested in getting into bitcoins and was wondering if it was worth getting a few usb block erupters (the ~340Mh/s kind) as I have an NVIDIA gpu so I would get nowhere near enough hashes to mine them using that.
Would I be better off just mining alt coins and eventually trading them for bitcoins?
What's your opinions?
Thanks
I'm fairly interested in getting into bitcoins and was wondering if it was worth getting a few usb block erupters (the ~340Mh/s kind) as I have an NVIDIA gpu so I would get nowhere near enough hashes to mine them using that.
Would I be better off just mining alt coins and eventually trading them for bitcoins?
What's your opinions?
Thanks
Hi, I also got interested in bitcoins and altcoins only about 2.5 weeks ago, 12th October actually. I started mining PPC but found that it was not feasible without Asic's so switched to ANC (scrypt using graphics cards). I chose ANC because of the network hashing rate was reasonably low, so that even with my meager hardware, I still have a small percentage. I did this for about two weeks until the network hash rate quadrupled. I did manage to convert my ANC yesterday and now am the proud owner of 0.056 BTC. It was fun to do, but I think I used a lot more money to get this, i.e. electricity here in Australia is about 0.25 per kWh.
Anyway, it seems that buying and selling altcoins would make more money, from the comments on other forums.
-John