Re: Cryptocurrency mining
Quote:
Originally Posted by
.Yoss.
And considerably more than someone is expecting to pay when the next bill arrives. It's going to be a surprise.
Yeh lol when the power bill is considerably high the first thing they'll do is make sure the PC's are shut down at the end of each day. I don't know about being caught though, that requires monitoring tools which they'll only use if they already suspect someone is using the PC's.
Re: Cryptocurrency mining
I'm going to say about 75% of info posted here is wrong.... And if you're getting your "info" from news networks then you're for sure wrong. (they are always about 2 months behind what's actually happening, and wrong.)
If you don't research cryptos for at least a few weeks don't even bother. You're just going to lose money.
I currently make about $300/mo with passive mining. If I start to market trade I make anywhere from $500-1000 on top of my mining. If I really wanted to, I could probably turn this into a full time job.
Re: Cryptocurrency mining
Quote:
Originally Posted by
DaCheat
I'm going to say about 75% of info posted here is wrong.... And if you're getting your "info" from news networks then you're for sure wrong. (they are always about 2 months behind what's actually happening, and wrong.)
If you don't research cryptos for at least a few weeks don't even bother. You're just going to lose money.
I currently make about $300/mo with passive mining. If I start to market trade I make anywhere from $500-1000 on top of my mining. If I really wanted to, I could probably turn this into a full time job.
Define passive mining.
Re: Cryptocurrency mining
Quote:
Originally Posted by
Supicioso
Define passive mining.
I currently mine scrypt. Mining bit coin as of right now is a total waste of time/money unless you have a farm. Within the next year Asic miners are going to change everything, and probably make scrypt mining obsolete. Until then I have my miners auto switch pools to the most profitable every 15 minutes. Then trade the coins i make there up to bitcoin.
I also made about $7k off of Dogecoin.
Re: Cryptocurrency mining
Quote:
Originally Posted by
DaCheat
I currently mine scrypt. Mining bit coin as of right now is a total waste of time/money unless you have a farm. Within the next year Asic miners are going to change everything, and probably make scrypt mining obsolete. Until then I have my miners auto switch pools to the most profitable every 15 minutes. Then trade the coins i make there up to bitcoin.
I also made about $7k off of Dogecoin.
Would you be willing to share your setup with the little people?
Re: Cryptocurrency mining
How the hell did you make $7k off of Dogecoin when it's worth fractions of a cent?
Re: Cryptocurrency mining
May be stupid to say but I've tried to mine using my laptop and I didn't really make any success but some friends of my said that doing that ( With your laptop ) will run up your electricity bills because it's using so much power is that true?
Re: Cryptocurrency mining
Quote:
Originally Posted by
Supicioso
Would you be willing to share your setup with the little people?
Sorry for the late response. Here's my buddy's site. He and I have the same setup. There you can find info/tutorial videos he's made. (He'll make better ones, but these are the best I've seen anywhere.)
http://www.cryptorushnews.com/
Quote:
Originally Posted by
Junkers
How the hell did you make $7k off of Dogecoin when it's worth fractions of a cent?
When you're mining 40k dogecoin a day, those fractions of cents add up. Also, I spread sell orders with HUGE margins, and some whale came and bought them up. I was also mining doge for a few months before it became mainstream. I was sitting on about 50m dogecoin.
Quote:
Originally Posted by
Piazzo
May be stupid to say but I've tried to mine using my laptop and I didn't really make any success but some friends of my said that doing that ( With your laptop ) will run up your electricity bills because it's using so much power is that true?
You wont get anything with laptops, you need to GPU mine. Also you need the right GPUs. Check out that site I linked above, my buddy goes into better detail.