Quote from: sourcingbits on November 07, 2014, 10:53:08 PM

Quote from: notlist3d on November 07, 2014, 09:35:12 PM

Quote from: TookDk on November 07, 2014, 08:05:28 PM

Quote from: sourcingbits on November 07, 2014, 07:51:00 PM

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.

If you need to make money with the GPUs, sell them on Craigslist.