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Wanting to spend a bit to get into BTC mining; Is my rig viable?


Wanting to spend a bit to get into BTC mining; Is my rig viable?

Planning on purchasing 6 Rx580s and piecing together a rig. Is this a profitable decision? Calculators give varied results, or perhaps I just don't understand how they work. Websites say that 6 Rx580s can provide 175.8 mh/s. I have many questions about BTC mining, but above all am curious about the build that I have chosen. Thanks, and happy investing.

Submitted July 24, 2017 at 06:27AM by saywhoo
via reddit http://bit.ly/2vzfXlE

From Nicehash to nicehash wallet or directly to electrum?


From Nicehash to nicehash wallet or directly to electrum?

So i just changed from Coinbase to electrum (ouch the transfer fee) and im wondering if its worth setting the payout directly to my electrum or have it go to nicehash.

Im worried about the fee's which is why i'm asking this question. (Transfering from nicehash to the nicehash wallet which has a fee of 2%, while trasfering to external wallets with greater than 0.01BTC is 4% and 0.1 is 3%.) The transfer out of nicehash to electrum is .0005BTC per transfer)

I get about 1~ mBTC a day if that helps.

Can anyone help me out?

Submitted July 24, 2017 at 06:48AM by rulerofthelord
via reddit http://bit.ly/2unTERp

“Lol. Rotschild investment Corp has no ties with the Rotschild family. But name helps” via Twitter


“Lol. Rotschild investment Corp has no ties with the Rotschild family. But name helps” via Twitter
https://twitter.com/tek_fin/status/889188591309553665

Submitted July 24, 2017 at 02:31AM by Bidofthis
via reddit http://bit.ly/2uqnO5b

What are the real profitability with usb miners?


What are the real profitability with usb miners?

I'm using a 980ti and a 970 to mine on my two gaming computers (when not gaming)

I was looking into USB miners but what are the real profitabilities with them? They seem way too underpowered compared to my GPU(s) and im not sure how much i would actually get because of everything going on with bitcoin right now.

Tried going on youtube but all the videos there are a few years old, when mining was easier.

Anyone have USB miners/ have used them before that can give me some information? If they are actually more than i thought i may invest in a few.

Thanks for all the help!

Submitted July 24, 2017 at 06:14AM by rulerofthelord
via reddit http://bit.ly/2tBY8VK

He controls his own Bitcoin keys – And they love that


He controls his own Bitcoin keys – And they love that
http://bit.ly/2uW2iYY

Submitted July 23, 2017 at 10:40PM by New_Dawn
via reddit http://bit.ly/2vO5UZg

James Hilliard (BIP91 creator) ignored when requesting to join Segwit2x Slack channel.


James Hilliard (BIP91 creator) ignored when requesting to join Segwit2x Slack channel.
https://twitter.com/james_hilliard/status/889196962406379522

Submitted July 24, 2017 at 03:05AM by FluxSeer
via reddit http://bit.ly/2vNUBQW

If Jihan can successfully reneg, do you really want to be on the chain controlled by one man? Fire up your BIP148 nodes!!!


If Jihan can successfully reneg, do you really want to be on the chain controlled by one man? Fire up your BIP148 nodes!!!
http://bit.ly/2tsyWj6

Submitted July 23, 2017 at 10:56PM by Lejitz
via reddit http://bit.ly/2vyx8Um

Something to get off my chest about btc


Something to get off my chest about btc

(sorry about my english) Hello, I am a computer engineering student in Turkey and i want to share some feelings with you guys. When i first hear btc in 2012, i was in high school and didnt care much about its future and possibilities that i could get.I bought what i can at that time and literally forgot them.(lol i searched so hard to find them in my old computers)One month ago bitcoin videos started to appear on my youtube recommendations and i watched them.I watched them all and read every post, every comment about bitcoin here too.After that,i started buying the amount of i can afford. I wont go into politics but if you know even little thing about Turkey, you would know that Turkey is a country with little chance of bright future according to economy and relationships with other countries. (1 USD = 3,53 TRY and 1 BTC = 9.676 TRY) After i get into bitcoin again and reading your comments about future, i started to feel hope again for me and my families future.I am feeling this much more than i used to.It's like hype including with hope,joy,cheer and all that.I am getting paid 150 USD a month as an intern and i am so lucky that i have salary is an intern.The reason why i am giving you these datas are, to see how big is btc in my future life, how big is bitcoin against my countries currency.From tiniest amounts according to you, probably me and my families life will be saved with bitcoin.Even i might be late for buying again, i have no regrets i feel no fear and i have so much hope that things will go pretty well.Thank you so much you guys, for helping me a lot without even knowing.Every post and comment you guys commit are increasing my hope in this situation day by day.Thank you so much for being in my life, leading my future.

tl;dr Dude im crying thank you for everything.

Submitted July 23, 2017 at 10:07PM by barisazalea
via reddit http://bit.ly/2eFZnwr

Investing into bitcoin mining – how would i do it?

Hello /r/BitcoinMiningI’ve been lurking here for a while now, and i’ve finally decided to break the ice by asking a very big question on a controversial topic =/Should i invest into bitcoin mining? and if i could, how would someone go about doing this?so after a while of searching on the internet, I’ve been getting a lot of mixed answers. some answers are from years ago and others are semi-correct but don’t tell you as much and/or avoid the question entirely.which is why i am here asking a question that probably millions of other people have asked already.should i do it?here’s why im asking;;during my research, i went with the mentality of money not being an issue.I searched for the best bitcoin miner on the market today. not only did i find out that ASIC miners were the way to go, but i also found out that the best miner on the market today is the “Antminer S9” with specs of ~13.5 TH/s hashing power and a power consumption of 1350w.next i decided to use a profitability calculator to, let’s say, “Theoretically” punch in the numbers of Hashing power, power consumption, cost of electricity in my state, ETC ETC.after many days of curiosity, the information i gathered shows me that, albeit expensive, there is profit to be seen here.Then i started getting carried away by thinking about using a renewable source of energy into the mix and finding out how to buy oneso i’m now at a standstill because i don’t want to dive in head first into something without knowing the whole ordeal.so, i ask of you, please give me the cold hard truth!IS there a better way to go at this? or should i not do it?thank you. via /r/BitcoinMining http://bit.ly/2upIWbJ

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