Straighten me out on something here.
I've been following the rumors, comments, assertions etc. on btc for some time now and only tonight decided to take a deeper more critical look at it.
What I understand thus far, makes me ask...
Why is it not profitable to mine with the GC3355 5 chip miners?
From what the calculations on coinwarz.com shows, mining btc is way more profitable than mining LTC or any other scrypt coin for that matter.
Doesn't coinwarz's calculator take into consideration that btc is mined by thousands with super duper TH/s rigs?
Why the great skepticism on mining btc anymore?
Still, I read others posts about running antminers at only a few 1.6GH/s rates making profits of 6 to 8 bucks per day.What's so bad about that?
I mean,with 10 ant miners, one can theoretically earn $60/$80 per day. WTF is wrong with that? That't way better than mining Scryptcoins, not to say Scrypt isn't worth mining but it is indeed, worth - less.
So I don't get it since our beloved dual miners will run many times this rate - per pod -...making one up to hundreds of dollars per day!
I'm a little bit confused!
A little help by someone well versed and experienced on the subject of btc mining with ASICs or even GPU's,, if necessary
Mining is mining. We ALL can mine BTC, in any case. Not ALL can mine the same types of Script. Obvious but, interesting.
Thanks!
Wolfey2014
I've been following the rumors, comments, assertions etc. on btc for some time now and only tonight decided to take a deeper more critical look at it.
What I understand thus far, makes me ask...
Why is it not profitable to mine with the GC3355 5 chip miners?
From what the calculations on coinwarz.com shows, mining btc is way more profitable than mining LTC or any other scrypt coin for that matter.
Doesn't coinwarz's calculator take into consideration that btc is mined by thousands with super duper TH/s rigs?
Why the great skepticism on mining btc anymore?
Still, I read others posts about running antminers at only a few 1.6GH/s rates making profits of 6 to 8 bucks per day.What's so bad about that?
I mean,with 10 ant miners, one can theoretically earn $60/$80 per day. WTF is wrong with that? That't way better than mining Scryptcoins, not to say Scrypt isn't worth mining but it is indeed, worth - less.
So I don't get it since our beloved dual miners will run many times this rate - per pod -...making one up to hundreds of dollars per day!
I'm a little bit confused!
A little help by someone well versed and experienced on the subject of btc mining with ASICs or even GPU's,, if necessary
Mining is mining. We ALL can mine BTC, in any case. Not ALL can mine the same types of Script. Obvious but, interesting.Thanks!
Wolfey2014
I dont know where you are getting those numbers from for Antminer earnings. When I put 1.6GH/s into Coinwarz it tells me they earn $0.16/day mining the most profitable coin.
The Bitcoin side of the Gridseedx5 runs at 8G and Coinwarz makes that a profit of $0.79/day. Running it in Litecoin only mode produces $2.5/day on the best Scrypt coin according to Coinwarz.