Post
Topic
Board Beginners & Help
Re: Hi New here
by
sourcingbits
on 07/11/2014, 22:53:08 UTC
Thanks I appreciate it.  Last I checked we has 27 R9 290's available to use for mining.  I just need to know if its best to mine Scrypt mining Litecoins or bitcoin or something else.

Forget about bitcoins with GPU.

There are two approaches:
Mine something "stable" like litecoin, sell them as you mine them, this would give a stady income.

or

Find somekinda altcoin that have potential to rise in value, mine a bunch of them and sell them when price a high (this is more speculation than mining, but have worked for many).
.  

Basically you cant mine straight scrypt asics have taken it over.   I think you will find GPU disappointing.   If you are paying electricity you will lose more then you make.  I had to pull the plug on 8500 watt worth of GPU's a while back just because I was going to lose money.

You can do it, but you would be better off with a nice ASIC if you truly have electricity you don't care about.
essentially I get the GPU's for free.  its hard to pay for ASIC's but I will propose it.