Bitcoin Mining: Can You Really Make Money Doing it? - TechPP

[ANN] Primecoin released - a crypto-currency that helps discover a specific type of prime numbers

[ANN] Primecoin released - a crypto-currency that helps discover a specific type of prime numbers submitted by ripper2345 to Bitcoin [link] [comments]

New to altcoins, care to help?

Until 3 weeks ago, I only ever had known of Bitcoin and Litecoin. Now that I am aware of all these other currencies, I'm excited and a bit overwhelmed. Would you care to submit your favorite cryptocurrency, how to set up a local wallet for it (I'm on Ubuntu and at present I have bitcoin-qt, litecoin-qt, and ppcoin-qt), good faucets, other tips, etc? My knowledge other than how to use wallets and conduct basic transactions is lacking. Also links to various thorough articles on mining, mining rigs, software, various currencies, etc would be appreciated. I'm very enthusiastic about the idea of cryptocurrencies, and I'm hoping that soon I can get a ton of wallets going and learn the differences between various coins.
submitted by magickborne to CryptoCurrency [link] [comments]

Mining with an Avalon rig

I saw this link in /bitcoin. Is it possible to mine ppcoins with one of these rigs? According to dustcoin, you could mine about 530 ppcoins per day with 18Gh/s. With ppcoins at $0.20, that is $106 per day. You would make up the price of your rig in about ten days (not accounting for difficulty increases). And with CoinMKT launching soon, it would be easy to cash out (although I haven't done any ppcoin trading, so I don't know how easy it would be to offload that many coins per day).
I don't think such a rig is is worth it to mine in bitcoins, as I think the difficult will continue to increase exponentially. What do you guys think will happen to the ppcoin difficulty in the next couple months?
Another big risk is the future of ppcoin. By the time you get your mining rig, ppcoin could be dead.
EDIT: Forgot to include the group guy at BitcoinTalk, this is where you can get the Avalon rig from.
submitted by chops228 to ppcoin [link] [comments]

FeatherCoin - A Survivor?

So I just got into the cryptocurrency game like over a week ago, just ordered the parts for my mining rig that will arrive Tuesday. I plan to invest my extra money in LTC, with it coming to Mt. Gox and how good of a coin it actually is, I see it will continue to rise.
But my rig can only get MAYBE 2 LTC a day, if that. I wanna know what to mine, what are peoples opinions on all the other alt coins? Nova was a fail, PPCoin has a bad stigma, FeatherCoin, everyone seems to love it but I see no discussion of it here on Reddit.
I know Feathercoin is a clone of LTC, but could we ever see it coming onto like BTC-e or Mt. Gox, everyone seems to love it and it's had no issues! I just wanna mine a coin and have fun but not waste time on like BitCoin lol and LTC will also take too long, I wanna mine coins that wont eventually die :) Thoughts?
submitted by DrChiz to CryptoCurrency [link] [comments]

Started getting into the Cryptocurrency hobby.

I recently started a few cryptocurrency wallets. I even purchased a RasberryPi to create my own little mining rig. I dont intend to get any crazy numbers out of it. Alot of people complain about power concumption with there rigs. Im attempting to make the RasberryPi and the USB Erupters i use solar powered. Adafruit has a decent article on making the RasberryPi solar powered. Im gonna try and make a 1gh/s setup solar power. Its more of a proof of concept then to make any money. Just my new hobby. I currently have a bitcoin, Litecoin and Feathercoin wallet. Possibly gonna add PPcoin to it as well. What you guys think?
submitted by permaspooked to CryptoCurrency [link] [comments]

How to Build a Crypto MINING Rig in 2021 to EARN Bitcoin ... HASHRATE of the 8 x 480 8GB Mining Rig! - YouTube Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig ... How Much Can You Make Mining Bitcoin With 6X 1080 Ti ... Raspberry Pi 4 Bitcoin Mining For 24 Hours! - YouTube

The mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the pool has a super responsive and reliable support team. You get your Bitcoin address from your wallet, not your mining pool, and you give the address to your mining pool, not your wallet. Nedelcu Ionut says: June 29, 2013 at 8:27 am Now that Bitcoin has stabilized above $100 for a while, and the world’s press is sending out a steady stream of info (or disinfo) on the subject of cryptocoins, I’m getting bombarded with questions about the alt-coins, such as Litecoin, PPCoin, Novacoin, Namecoin & even Ripple.“Alt coins” is a term used to describe all of the cryptocurrencies that aren’t the dominant cryptocurrency ... A mining rig is a computer system used for mining bitcoins.The rig might be a dedicated miner where it was procured, built and operated specifically for mining or it could otherwise be a computer that fills other needs, such as performing as a gaming system, and is used to mine only on a part-time basis. For example, one featured Bitcoin mining rig costs USD $1,767 to build and operate and generates $4.56 in profit per day at current prices. Thus, it would need to run for 387 days to become profitable. Factored into this number are electricity costs. Also, however, is the fact that even after breaking even the rigs will consume electricity. Thus, they will only remain profitable as long as ...

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How to Build a Crypto MINING Rig in 2021 to EARN Bitcoin ...

Here is the followup to my custom HVAC cooling solution video. Here I briefly show the insides of our mining rig setup. Buy Raspberry Pi 4 Model B 4GB: How to Setup a Raspberry Pi 4 Bitcoin Mining Rig w/ Bitmain AntMiner U3: In diesem Video zeige ich euch kurz meine verwendete Hardware für das PPCoin-Mining. Natürlich eignet sich die Hardware auch für andere Cryptocurrencies: Gra... Hi! New video about: How to build a crypto mining rig in 2021 to earn Bitcoin and Etherum Source: Parts Used In This Video: The GPUs: Corsair 450w ATX PSU: The Best Mining Motherboard: I...