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Currency Mining the SD way. Help appreciated. $100/month profit?

1,407 569 September 13, 2017 at 11:24 PM in Finance (4) Get eBay Coupons
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I know lots of info out there on currency mining. But thought I'd ask this on SDs. Since this is on SD I actually want to get paid to save money!

I know the currency mining has gone kind of crazy lately.

Any advice on how to start this dirt cheaply?

I live close to Chicago which is a colder climate & want to use the heat of the computer(s) to offset the price to heat my house this winter.

My power cost in 9.5 cents per KW/h

I've home built 3 computers. But this is 1st day I've started investigating (I'm a rookie) currency mining.

QUESTION: HOW TO GET STARTED? (graphics cards good deals through SD? buy a gaming machine off CL....or?? ne advice appreciated.)

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#2
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#3
$2,280

how long to get investment back?
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#4
you can plug in numbers here to figure out profitability

https://www.cryptocompare.com/min...erkWh=0.12
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https://www.buybitcoinworldwide.c...itability/

Doesn't look very profitable. Also China banned bitcoins recently. might be the sign of the future of bitcoins...
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World dominator and rebel
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#6
that's bad advice. bitmain devices are notorios for very long time to recoup investment
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dominating the world since.... a long time ago
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#7
Quote from ggenovez
:
https://www.buybitcoinworldwide.c...itability/

Doesn't look very profitable. Also China banned bitcoins recently. might be the sign of the future of bitcoins...
a lot of that is misinformation...ignore that
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World dominator and rebel
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#8
Quote from tennis4789
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$2,280

how long to get investment back?
the best way to do it without investing a ton is to get a 1050 ti. you should be able to get it without too much trouble.
start mining eth, and don't download the blockchain. that was my biggest mistake. took too long and filled up my disk. it was a big downer and drove me away from eth for a few months.
start with one 1050 ti and go from there.
I'd recommend setting up an account at coinbase and/or bittrex. you can mine to that address. i use nanopool.org or dwarfpool.com

i also use my miners in the winter to supplement my heating Big Grin
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World dominator and rebel
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#9
if you can find a cheap 1050 ti, you can try a cheap 1060 3gb, though that will make it harder for eth, but will mime fine for zec
these have been available under 200
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#10
Hey Rebel,

Care to share what kind of income you're making with this rig?

Thanks!
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#11
Quote from ggenovez
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Hey Rebel,

Care to share what kind of income you're making with this rig?

Thanks!
not much, but the way this works best is to hold the coins so they raise in value. it depends a lot on how much you invest in the cards and the rest of the components
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#12
Eth over Sumo?
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World dominator and rebel
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#13
Quote from ggenovez
:
Eth over Sumo?
honestly, haven't heard about Sumo...i like something that i know wont lose all its value in a week or two and don't have too much time to reseach the latest and greatest pump to see what to mine
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#14
Quote from SDRebel
:
the best way to do it without investing a ton is to get a 1050 ti. you should be able to get it without too much trouble.
start mining eth, and don't download the blockchain. that was my biggest mistake. took too long and filled up my disk. it was a big downer and drove me away from eth for a few months.
start with one 1050 ti and go from there.
I'd recommend setting up an account at coinbase and/or bittrex. you can mine to that address. i use nanopool.org or dwarfpool.com

i also use my miners in the winter to supplement my heating
Thanks for hint on 1050 ti. I bought 2 gtx 1070 at $325 a pop. Looking @ about 10 months to break even. But probably longer with how etherium is changing. ​
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#15
Quote from SDRebel
:
the best way to do it without investing a ton is to get a 1050 ti. you should be able to get it without too much trouble.
start mining eth, and don't download the blockchain. that was my biggest mistake. took too long and filled up my disk. it was a big downer and drove me away from eth for a few months.
start with one 1050 ti and go from there.
I'd recommend setting up an account at coinbase and/or bittrex. you can mine to that address. i use nanopool.org or dwarfpool.com

i also use my miners in the winter to supplement my heating
is one brand better than the other? like geforce gigabyte.
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