Ok, so I understand the relative obsoletion of CPU/GPU mining now. So, what if I just bought one of these beastly 50GH/s ASIC miners? If you were me, would you buy one, and convert the BTC to dollars and make your ROI in xx days?
Buying them isn't the issue, getting them to your doorstep is. The only company that has shipped a 50+ GH/s miner is Avalon, who only takes orders in batches.
Well let's say I bought a handful of the 25GH/s ones from Butterfly instead. I'm trying to look at the big picture here and determine if I'm missing anything, or if this could really be profitable, if made the capex investment.
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BoardBeginners & Help
Re: Is my computer powerful enough?
by
201349er
on 29/05/2013, 14:31:15 UTC
Ok, so I understand the relative obsoletion of CPU/GPU mining now. So, what if I just bought one of these beastly 50GH/s ASIC miners? If you were me, would you buy one, and convert the BTC to dollars and make your ROI in xx days?
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BoardBeginners & Help
Topic OP
Is my computer powerful enough?
by
201349er
on 29/05/2013, 13:35:29 UTC
All,
While I wait to be be-noobed and able to post elsewhere, I did have a question I was hoping some of my compatriots on this board could answer.
I have a beast of a system - do you think it will be able to do a decent job of mining?
I actually heard about BTC almost two years ago but didn't think anything of it...I know, stupid stupid stupid. Now I look back and kick myself. I wish I'd at least read about it or tried to find something out about it instead of blowing it off.
Now I'm into pretty much any altcoin, including BitCoin, as long as it meets the basic criteria of not being a scam. I'll even mine a brand new coin the first few days just for the heck of it just in case.
I don't have a powerful rig dedicated to it or anything but I did get into digitalcoin in the first week.
--DL
I blew it off for too long as well. But hopefully my beast of a rig can get me in the game pretty quickly!
yay ! my first reply..Believe me this is pure joy...I feel so happy posting on this thread..All the while I was trying to find the reply option! Finally !
Mine too!
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BoardBeginners & Help
Re: Newbie Five Post Thread
by
201349er
on 28/05/2013, 17:38:06 UTC
Hi everyone!
I'm here because I'm looking to increase my knowledge about bitcoin mining, and to determine if the extremely powerful computer I have would be a worthwhile candidate for CPUGPU (or both) mining.