Is it worth mining bitcoins with gpu

Do you mean profit on the Y axis and mining power on the x-axis.

Bitcoin mining with AMD Radeon GPUs -

To many of us it is a hobby, and this subreddit should be for discussion about that hobby.It provides cryptocurrency tools, mining calculators, tutorials, and more.

Hi all I live in an area where we have free electricity its a university community and electricity if free to student I would like to partner with someone who can supply the equipment to mine.Is Bitcoin mining profitable after the mining difficulty increased dramatically in the past 2 years.I do agree that convincing other miners to shut down their operation increases your profit.If you are interested in something new, there is no reason not to pursue it.I have been reading through this document on Bitcoin and very eager to start investing but.Not only that might not succeed, it is also very disruptive to the network with possible double spends and delays in propagation.We really should be pragmatic about things and stop trying to stroke our own ego.

How to build a bitcoin mining rig guide. The GPU, or graphics processing unit,. and to me it is worth the risk.Bitcoin mining calculations with. and as long as there is an Altcoin that is profitable to mine, GPU miners will be worth the money and.Select miner Released How much electricity does your miner consume.Hence we really should stop lying to ourselves that USB miners make a difference.

And when I turned it off after making 2.5btc, it was just shy of paying for itself.I understand now that it is not that profitable on legit cloud mining platforms unless the bitcoin price surges.

A Brief History of Bitcoin and Bitcoin Mining - NEWSBTC

If you really want to mine pick up some block eruptors to take the stress off your computer and onto dedicated hardware.All of this will allow the machine to mine with a hashrate significantly higher than the advertised rate.

I have been reading and watching videos about Bitcoin.I believe digital currency is future its inevitable.Anyway since I have watched and read cannot tell how to make Bitcoins.But mining ceased to be profitable for me around January of 2015.I never expected to solve a block with my minimuscular resources.So, for another 30 days or so it might be worth it, but not after that.Bitcoin Mining, Ethereum Mining, Cloud Mining: 2016 Overview.In warmer areas, this is reversed:-Your BTC miners may end up requiring more power than just the amount consumed by the mining rigs themselves.

This means that yes, Bitcoin mining is worth it in many cases.His review of the Avalon ASIC confirmed that not only was Bitcoin mining worth it, but could be incredibly profitable.He wrote it in 1997 and the cypherpunks had discussed the idea dating back to the early 90s.Bitcoin, Day Trading and Investing, Featured, mining, Popular.It illustrates very well how mining is already beholden to powerful entities.

I expected to gain knowledge and experience -- a goal that I accomplished.Mining bitcoins has been a very profitable venture for a very long time.

Bitcoin mining - reality or commercial

I am interested in joining a cloud mining platform but am not sure whether they are for real or scammers.I put in a massive sunk cost for these machines and I start off at a negative value, not a zero value.But there are definitions of Bitcoin that even a five-year-old could understand.

I have control of a laptop library full of ancient computers powerful gaming PC.Trust in govt lol my ass I buy silver and gold and that is my real worth.

Bitcoin Mining, Ethereum Mining, Cloud Mining: 2016 Overview

GPU mining, what coin? |

Yesterday we have shared our First Impressions from the Gigabyte NP106D5-6G GPU Built for Crypto Mining and today we.

Bitcoin mining on old GPU - Bitcoin exchange / Litecoin

Bitcoin mining is the process of receiving bitcoins in return of validating transactions for Bitcoin users.If it is warm enough for your air conditioner to be running, then it must counteract the heat put out by your machines.

Specs:Ati radeon hd 4870intel c2d e4600 So is it wort it for me to destroy my gpu and possible some other components.What should i mine bitcoin, dog coin et.Bitcoin mining is profitable, but it is hard to keep it that way. Is it still worth it to mine Bitcoin in 2017.Likewise, all moderators of this subreddit do follow the Modiquette.

Yes, mining is worth it. This statement was much more true in the days of GPU mining.Your assume that the economics of mid-level miners and large data center miners are the same, which is not the case.This leaves around 6,700 hours a year where a Nutanix GPU node is likely. each bitcoin is currently worth nearly as much.Because so many people were burned by a combination of price drops, exponential increases in difficulty, the speed at which Bitcoin ASICs evolved, or delayed delivery of machines, there are an abundance of used 45 and 28 nm ASICs available for sale.

Introduction to Bitcoin Mining - Carnegie Mellon University