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Old 05-27-2018, 12:53 AM   #1
Forest
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Is it worth mining bitcoins from scratch at this point?

I have a staff of mainstream guys who could set up and run the system but I’m wondering if it’s cost prohibitive at this point being so late in the game.
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Old 05-27-2018, 12:59 AM   #2
just a punk
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The one-word answer is: NO.
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Old 05-27-2018, 01:01 AM   #3
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at current prices the answer is fuck no...however if btc goes up in the future to say 50K/coin then the answer is yes...

now for the money you would invest in mining you would be better off just buying the coin and sitting on it...
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Old 05-27-2018, 06:01 PM   #4
Major (Tom)
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It depends on how difficult the algorithm is and how much power you are using. It seems the only people making money are the people selling the miners. A miner has maybe 12 months of life before the difficulty goes up and you essentially are left with an electric heater
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Old 05-27-2018, 06:03 PM   #5
Bladewire
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Old 05-27-2018, 06:56 PM   #6
Idigmygirls
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Quote:
Originally Posted by Forest View Post
I have a staff of mainstream guys who could set up and run the system but I’m wondering if it’s cost prohibitive at this point being so late in the game.
Bitcoin is not worth mining. However, there are some alternate coins that are very very profitable right now - if you have the right software and hardware.

I am well connected in this area. If you'd like to discuss, pm me and I'd be happy to give you some good insight.
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Old 05-27-2018, 06:58 PM   #7
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Quote:
Originally Posted by Forest View Post
I have a staff of mainstream guys who could set up and run the system but I’m wondering if it’s cost prohibitive at this point being so late in the game.
Don't listen to these novices.



Now is as good a time as any.
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Old 05-27-2018, 09:09 PM   #8
adultchatpay
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If you think you can compete with the big players.. then go and and proceed.

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Old 05-27-2018, 10:33 PM   #9
brassmonkey
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are you forest of forest tgp? i have an idea to cut cost email me if you want the idea. hope i remember lol
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Old 05-28-2018, 10:04 PM   #10
freecartoonporn
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buying at low is
better than
paying for equipment, electricity, cooling, maintenance then hoping to mine some coins.
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Old 05-28-2018, 10:56 PM   #11
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