Litecoin mining rig calculator fractions
Your scope of time is too limited. Note that Circle has currently stopped selling Bitcoin. Submit a new text post. Litecoin Foundation Store All proceeds go to for dev's! Project raises mining scheme that an show may be fractions to also craft blocks of calculator which provide passage rig service secured by the hashed algorithms of circuit interpretations or to alter technology keys losers in a feature that would not change the resulting litecoin.
Do you think I would be able to ROI or is 30 days enough time for the difficulty to increase in the profitable altcoins to make that unlikely?
Setting up the mining operation is pretty simple I admit, slightly confusing at first. The calculator says yes, I just want to make sure i'm reading it correctly.
Contact the mods Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. Litecoin Foundation Store All proceeds go to the dev's! I went the Ubuntu route myself. I have a rig that's basically half of what you mention. However, Cash App from Square is an alternative. Other coin decrease at the same rate. Please help me out. Also have to consider that the price of LTC isn't fixed. That's down from around 2ish. As for running that system with a watt PSU.
I don't know if that's realistic. I suppose if you greatly undervolt and such. If you get free cheap power. Why not, though don't trip a circuit. Its very therapeutic but a ton of work. Watch one of those series about gold mining to get an idea of mining coins. You'll bust your but getting everything working. Then it'll be smooth until it ain't. Then you'll need to figure out a fix on the fly. What kind of problems do you run into?
I would think that a running process would be "set it and forget it" But the calculations don't seem way off? I'd love to start mining and since I have electric baseboard heat, the rig could do double-duty to heat my house. Before you get to the set it and forget it phase, the amount of troubleshooting is a bit intense. These guides that show you how to mine, though great, will leave out something specific to your situation. Even if you try to follow the exact hardware, configuration that XYZ guide uses - something has changed and will require fixing.
But it did help me remember all my Unix training - so that was fun. I actually really enjoyed the week and a half that I took to troubleshoot my rig. And once you have it up, then yeah - it really is set it and forget it. I haven't had a moment down for since April of this year. As for the PSU, I don't think that you'll be able to run the setup that you mention.
In fact, I would suggest that such a system may require two circuits to properly run. Are you running this at home or biz? I say do it - but do it now. This past week or twoI really have seen a flood of folks with their GPU miners come into the litecoin mining biz. As ltc gains traction, more will turn their rigs over from mining ABC coin to litecoin.
So be aware of this in the calculus you use to decide to mine or not. For me, I didn't think that I would make much, it was for the fun of it - and so that I can watch my rig work at my desk therapeutic. Plus I got to have a cheesesteak with Mr.
My vote is on mining! Yea I'd have to do the math on the power requirements. That addition of new miners is what gets me. I'd rather invest that money directly into something. Finally, if you just want a small fraction of a Bitcoin and willing to work online for them, there are a few options that you can explore the payout is usually much lower than having a full-time job, so take that into consideration in my Earn Bitcoin Guide.
If you enjoyed reading this post, please consider tipping me using Bitcoin. Each post gets its own unique Bitcoin address so by tipping you're not only making my continued efforts possible but telling me what you liked. Most people in the US have heard of Coinbase while many of them have no idea what or how bitcoins work. I think this is something that should be offered as a class option in High School or College.
Either way, I did enjoy the information your previded and will be sharing it around. Great info there too. Thanks for the info. You have incorrectly calculated the fractions of Bitcoin. I am living in Africa, Nigeria which trusted Bitcoin company should I start buying bitcoin from.
Apart from that where will I get the knowledge and skills in mining bitcoin myself? I am completely new about bitcoin and I wish I have my own bitcoin. Mining for bitcoin is a very energy depleting process. So if the energy bill is less than the coin then it may be worth the effort. You will need very dedicated hardware and software for this task that doesnt come cheap. If you are tech saavy i heard you can daisy chain as many as 10 galaxy 5s together, run the proper programs, and will be far mor efficieant than any of the expensive equipment being sold to complete that very task.
I am living in Mexico and found I could not buy MaidSafe, a derivative of bitcoin in this country when i opened and account in Coinbase. I now see it is possible to buy fractions of bitcoins and wish to do so. I have a brokerage account, Charles Schwab that I trade from here in Mexico. I have the symbol for bitcoin and could buy it here via my Schwab brokerage acct. MaidSafe is different from Bitcoin. You can buy any fraction, in multiples of millionth.
So for example you can buy 0. Really, depends on how much you want to buy. Read the article to get the full conversion table. Currently I have 0. It very clearly answers your question. Let me do the math for you, based on the information in the post above and your comment.
Go to Coinbase or other services listed in the post, and buy this much BTC to get 1. You may use these HTML tags and attributes: Bitcoin Conversion Guide Before we proceed, here is a quick Bitcoin conversion guide to keep things straight.
Just to get you familiar with the terminology, here are the conversions: Here are some options for you as a retail investor just getting into cryptocurrencies. Country Guide Here are some other trusted places you can buy Bitcoins online in various countries: Coinbase or Circle UK: Be aware of the fees, which seems to be the norm for UK exchanges Europe: Chris Devers No tips yet.
Be the first to tip! Tip me with bitcoin! Powered by Bitcoin Tips. March 21, at December 2, at 7: August 31, at March 4, at 1: June 28, at 1: July 14, at