Post
Topic
Board Mining speculation
Re: Begin mining?
by
Damianxz
on 28/05/2014, 21:10:25 UTC
Oh wow you are green (no offense!!!)

Okay Mh/s is for scrypt minig (litecoin/dogecoin)

G/hs or T/hs is a miner for Sha-256 (Bitcoin/peercoin)

Greed seed are scrypt miners, not a bad option if you want to mine lite and dogecoin(I'm actually debating buying one of the 350kh/s units just for fun to mine me some doge).

It's very important you choose the right miner for what you want to mine, a scrypt miner can't mine Bitcoin and a SHA miner can not min scrypt.

$28 a day sounds about right, with 720 G/h I'm earning pretty much what coinwarz says, give and take depending on luck.






ok thanks for the explanation. 1th/s sha-256 can be compared with how many mh/s scrypt value (being also in same price range)?

1 TH/s SHA-256 equal to roughly 20 MH/s for Scrypt if you were to mine for the major coins of each, Bitcoin and Litecoin.

it seems getting the same hash rate in scrypt, costs twice. or im wrong? what u all suggest its better?

Cheaper, faster Scrypt ASICs are coming out: http://zeusminer.com/shop

It's really a never ending battle. Every time the difficulty increases your daily profits will drop. A faster, cheaper, lower power ASIC is always right around the corner. Try using a calculator that takes this into account, such as: https://tradeblock.com/mining/

i used that calculator and it seems impossible trying to earn something with mining.  after 4-5 months from now, revenue its ridicolous... everytime i know something new about this mining, i get more confused than before