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-   -   Can you still mine bitcoins with a cpu or common gpu at all? (https://gfy.com/showthread.php?t=1127175)

MrMaxwell 11-26-2013 05:13 PM

Can you still mine bitcoins with a cpu or common gpu at all?
 
If these morons are going to keep the price this high, what the hell, it'd be worth it to try and find some I would think..

keysync 11-26-2013 05:26 PM

Total waste without asic mining equip.

You can get a little thing called a block eruptor for about $30 on ebay. It will mine at about 333 M/hs Which will be about 100 times faster than a really nice video card/GPU

The return on that investment will take a while though.
Plus you'll need a fan they get hot as fuck while running.
With 3 of them running and mining at a little over 1 GH/s
You can expect to get about 0.0008 bitcoin per day or about $0.68
You'll spend more than that on electricity running them.

sandman! 11-26-2013 05:27 PM

waste of time :2 cents::2 cents:

pornmasta 11-26-2013 05:28 PM

Quote:

Originally Posted by keysync (Post 19887129)
for about $30 on ebay....
...
The return on that investment will take a while though.

are you serious ?

Dead 11-26-2013 05:30 PM

Quote:

Originally Posted by MrMaxwell (Post 19887117)
If these morons are going to keep the price this high, what the hell, it'd be worth it to try and find some I would think..

I would never try and start to profit from anything I thought the base to be "Morons" .....you missed it ..move along....and let the morons play:thumbsup

keysync 11-26-2013 05:37 PM

Quote:

Originally Posted by pornmasta (Post 19887134)
are you serious ?

Sure.
At current prices with one piece you will "mine" (not profit) about $0.23/day
They sell for about $30 each delivered. A month ago they were $9 each.

pornmasta 11-26-2013 05:41 PM

well for this is a waste of money/time too...

keysync 11-26-2013 05:47 PM

Quote:

Originally Posted by pornmasta (Post 19887154)
well for this is a waste of money/time too...

Yes to mine bitcoin is a waste for the average joe.

There are a few other alt coins that are mined using the same asic equipment.

And there are even more alt coins that are script based.

MrMaxwell 11-26-2013 05:54 PM

Quote:

Originally Posted by Dead (Post 19887138)
I would never try and start to profit from anything I thought the base to be "Morons" .....you missed it ..move along....and let the morons play:thumbsup

That is what big business men do.. You think that they're up there on their bailout cushions and etc thinking.... my, what sophisticated people we're raping. . ?

signupdamnit 11-26-2013 06:00 PM

Quote:

Originally Posted by keysync (Post 19887147)
Sure.
At current prices with one piece you will "mine" (not profit) about $0.23/day
They sell for about $30 each delivered. A month ago they were $9 each.

It sounds like the real money is in selling the shovels then.

CAHEK 11-26-2013 06:02 PM

i make 0.02 cent per day with my pc :)

MrMaxwell 11-26-2013 06:04 PM

Quote:

Originally Posted by signupdamnit (Post 19887168)
It sounds like the real money is in selling the shovels then.

Interesting way of looking at it
I was just thinking the same thing

Penny24Seven 11-26-2013 06:05 PM

we have been doing it for years and planned to stop in March I think and that was about a month ago when we came up with that. As of yesterday we are stopping this week.

keysync 11-26-2013 06:58 PM

Quote:

Originally Posted by Brian837 (Post 19887173)
we have been doing it for years and planned to stop in March I think and that was about a month ago when we came up with that. As of yesterday we are stopping this week.

And the price is going up like crazy again. Might want to hold on for another week. :thumbsup


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