Bitcoin headache

[pwsincd]

too tired to think .. off to bed but :

If i earn consistently like i do 100 micro bitcoins everyday . would it take me 27 yrs to make 1 bitcoin .. or am i too tired to do simple math ..

 

[Xexyz]

What GPU do you have?

 

[Nathan Drake]

27.397 years by my math. You're making 1/10,000 (or 10.000 depending on locale) of a bitcoin per day. That means 10,000 days to get one full bitcoin. With 365 days in a year, that comes out to approximately 27.397 years.

By the by, if your mining is that abysmal, you may want to get a dedicated mining device, if you're serious about attempting to mine.

 

[pwsincd]

cheers maybe im not as tired ....

Some shitty GPU , I dont mine

anyone know how to gain server root access to a website lol... its worth 1 BTC lmao.. god im bored.

 

[ryuga93]

You should consider mining litecoin or dogecoin using the gpu,now Bitcoin is for ASIC only tools.

 

[Clydefrosch]

just so you know, you lose more money in electricity than you gain in coins. just buy 100$ worth of some other new coin and wait for the inevitable surge.

 

[pwsincd]

yeah , i was just researching , i have looked at the doge etc, was just reading all info.. im aware of the processes in volved

 

[trumpet-205]

If you want to profit from Bitcoin then buying the coin is your only option. Mining Bitcoin at this stage is simply not profitable.

 

[Joe88]

yup, unless you have custom built mining rig (not just throwing some gaming gpu's) then its not worth it
you could always get a job instead of investing all this time and money on something that might not be profitable
and try and play the stock market instead

 

[Ericthegreat]

I could have bought bitcoins so cheap, but I thought "why would a currency made for drug dealers really ever go so high"....

 

[weatMod]

WHY YOU NO MINE DOGE!

http://coinmarketcap.com/doge_180.html

seriously reddit fags are pumping the shit out of it
i am kicking myself for not getting in earlier

 

[Xexyz]

Should've mined it. My 260X produces 300Mhash/s which is good right?

 

[trumpet-205]

Should've mined it. My 260X produces 300Mhash/s which is good right?

No. If you want to mine at a decent rate it is far from being good.

 

[Xexyz]

No. If you want to mine at a decent rate it is far from being good.

It's ok, I don't mine seriously.

 

[Chocolina]

Bitcoin Mining is all profit even on a crappy or outdated CPU if your electricity cost for your PC is zero. I recommend you steal electricity.

 

[weatMod]

Bitcoin Mining is all profit even on a crappy or outdated CPU if your electricity cost for your PC is zero. I recommend you steal electricity.

if were going to steal electricity i would use it to grow some killer KB and then sell it on the SR for bitcoins =PROFIT ,much more efficient and profitable than mining them

 

[trumpet-205]

It's ok, I don't mine seriously.

You really wouldn't profit from 300 Mhash/s anyway. You might as well do something good such as Bonic or Folding@home with that GPU instead.

 

[Xexyz]

You really wouldn't profit from 300 Mhash/s anyway. You might as well do something good such as Bonic or Folding@home with that GPU instead.

Thanks

 

[pwsincd]

yup, unless you have custom built mining rig (not just throwing some gaming gpu's) then its not worth it
you could always get a job instead of investing all this time and money on something that might not be profitable
and try and play the stock market instead

ill try to get a job... wait.. my electrical business says i do and to sit back down

 

[FAST6191]

For the record there are still places in the world that bundle electricity with rent.
That said it is what 1 US cent a day at present exchange rates (which are steady enough right now), even if the hardness does not increase.