BitCoin Miner Build

[elan2468]

Im building a bit coin miner build and im not sure where to start my budget is around 700 thanks for any and all help

[CCap]

BitCoin mining is all but dead, and it isn't profitable anymore, regardless of how much money you put into it.

 

Even Script-based mining is dying as far as profitability goes. I'm not too knowledgeable about where you should start for BitCoin Mining, but it's pretty useless (imho)

 

The "Get Rich Quick" idea associated with Coin Mining has died, you would have had to have been mining a year or two ago to get on that train. 

 

EDIT: Sorry if I sound hostile by saying that, I didn't intend to be. friendship <3

[tek inpektor]

BitCoin mining is all but dead, and it isn't profitable anymore, regardless of how much money you put into it.

 

Even Script-based mining is dying as far as profitability goes. I'm not too knowledgeable about where you should start for BitCoin Mining, but it's pretty useless (imho)

 

The "Get Rich Quick" idea associated with Coin Mining has died, you would have had to have been mining a year or two ago to get on that train. 

I can pay off a $200 rig in 120 days mining BTC.

[CCap]

I can pay off a $200 rig in 120 days mining BTC.

Pics or it didn't happen

(I just realized you said you could pay off a $200 rig)

Then what would you do? 

[tek inpektor]

Pics or it didn't happen

(I just realized you said you could pay off a $200 rig)

Then what would you do? 

Keep mining and buy more rigs.

[CCap]

Keep mining and buy more rigs.

What would you mine? With what hardware? Are you calculating the increasing difficulty of the Coin? 

[tek inpektor]

What would you mine? With what hardware? Are you calculating the increasing difficulty of the Coin? 

I would mine BTC with an AntMiner S1. Yeah I'm calculating the increasing difficulty.

[elan2468]

Ack stop the arguing i just want a solid awnser

[CCap]

Ack stop the arguing i just want a solid awnser

We weren't arguing, just having a friendly discussion.

 

After looking at the S1 and doing some calculations, a few of those might not be a bad option for you. Just pick up three, set them up accordingly, and call it a day. After about 60 days according to this profit calculator, you should be able to make your money back. After that, it's alllllll profits. 

 

I actually learned a