Contract Miner Worth it?

[notaniel101]

I was searching through ebay looking for used 290's and came across a couple listings for contract mining. While I wouldn't normally stop to check it out, nobody else had bid on it, so it was at $0.99. At that price if nobody else bid on it and it went through, do you think it would be worth it, besides it maybe being a scam. I know that in 24 hours I could make about $12 on ltc.

[roid]

Beware of scammers, i dont trust people over the internet with my money unless its a well known company. Just save up money and buy a good kh/s gpu and start from there and u get 100%.

[MariusJS]

Get him to mine DOGE, and it might be worth it!

[RuecanOnRails]

In general no, it's not worth it.

 

Look at it from the business standpoint... If someone is mining on your hardware and making a profit... that's loss of profit compared to mining on your own hardware. There is no labour involved with turning on the miner, a mining contract makes no sense.

[notaniel101]

Beware of scammers, i dont trust people over the internet with my money unless its a well known company. Just save up money and buy a good kh/s gpu and start from there and u get 100%.

It seemed kinda sketchy since he could probably make more just by mining. On the note of buying a good gpu, I already have a couple 7950's and a 280x, but would getting a used 290 with the blower style cooler be worth it, or just wait for the aftermarket coolers to get lower in price? If not a 290 would it make sense to get 2 more 280's so i'd have 3 of the same?

 

In general no, it's not worth it.

 

Look at it from the business standpoint... If someone is mining on your hardware and making a profit... that's loss of profit compared to mining on your own hardware. There is no labour involved with turning on the miner, a mining contract makes no sense.

That makes sense, so I'm not sure if people normally end up paying more than the profit for the service.

[roid]

It seemed kinda sketchy since he could probably make more just by mining. On the note of buying a good gpu, I already have a couple 7950's and a 280x, but would getting a used 290 with the blower style cooler be worth it, or just wait for the aftermarket coolers to get lower in price? If not a 290 would it make sense get 2 more 280's so i'd have 3 of the same?.

I would go with whatever costs less and has more kh/s. I think 2 280s would cost more than getting 1 290, and just make sure you have enough pcie slots for adding more gpus. However if you decide to stop mining and get into gaming or video editing then 3 way crossfire 280s would be pretty nice to have.