Hey guys,
I'm a tad late to the mining table but i thought that I would document my trial and error approach to attempting to still make a profit. I personally believe that it's too late to mine bitcoin so I will be trying for alt coins. I just ordered a pretty bad ass laptop with a GTX 1070 so as soon as that comes in i will test to find out my hash rate and power consumption.The first coin I will try to mine is vertcoin. I'm also considering building a dedicated gpu mining rig or buying some ASICS. I will gladly accept advice from more experienced miners but also this will be a fun experiment that I will document on STEEMit.
happy mining :)
Don't just buy bitcoins. I got kicked out way due to competition. Either use hash flare or genesis to mine or set up a cpu mining station instead.
http://electroneum.com/2017/10/24/how-much-can-i-earn-as-a-mobile-miner/
Menero
If you are in it for fun i can also help you too.
If you buy a bitcoin asic machine you have to merge mine to make a profit https://themerkle.com/top-5-coins-to-originally-merge-mine-alongside-bitcoin/
For cpu coins such as monero you could merge mine as well
For litecoin asic machine you can merge mien dogecoin
What do you think about mining Z cash? I have been considering building a GPU mining rig when I get paid. I'd probably start small with a barebones build with 2 GPUs and expand every time I get paid
Mining eth is still more profitable vs zcash. https://www.coinwarz.com/cryptocurrency
However lucky for you check this out https://steemit.com/steemit/@tipu/sbd-crowd-funded-mining-rig-daily-payouts-for-investors
Thanks you are a legend. I can see mining taking over all of my free time. I am a huge computer nerd and love when i can make my hobbies profitable.
Is there a way to calculate mining profitability if you rent? Like how much would you mine vs how much you pay per day.
Here my favorite mining calcualtor site:
https://www.coinwarz.com/calculators
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