Cryptocurrency Mining Help

lBlankl

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Sep 5, 2015
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I what to start mining but i don't know what to do.
1. I don't know what kind of miner is should get (less the $50; I don't care about making money instantly).
2. I don't know what mining company thingy is best example. Bitcoin, Litecoin, others.
3. Should i use a GPU or a $50 usb to mine. (i have a r7 260X
4. I dont know what software i should use or how.
I know im a complete noob.
 
Solution
I suggest litecoin mining at the max right now, bitcoin mining is so hard now that you'll pay more than what you get in return for years.


Mining with a GPU is long gone as far as profitibality.
You need to spend a few thousand on an ASIC miner. Even then....https://bitcoinwisdom.com/bitcoin/calculator
 


Yep.

You could probably mine a very unpopular crypto currency like dogcoin, however there is a big risk that those currencies might go under since they are not popular.
 


I don't care if i don't make a lot at the beginning. dollars a day is fine.
 


If it costs $10/day in electricity, and 'earns' $0.10/day in 'coin'....someone is going to be pissed off.
 


I meant dollars a day in profit.
 


I suggest doing research on mining in general. You'll be lucky if you get 1 dollar a month (tops)!

Unless of course you spend $2000 on a good miner.
 

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