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Hi, I heard about bitcoin mining and I wanted to give it a go I got a decent GPU please can someone tell me how I do it? This won't wear out my GPU will it?

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Sadly, no one here is going to recommend mining anymore, really. Even less if it is going to be GPU powered.

If you use your GPU for mining, then the power it will draw is more than you will earn from mining.

And if you use a dedicated mining machinemachine, then you will earn some money. But not a whole lot. And not anytime soon.

I think it takes roughly a year for a dedicated machine costing $500 to go even. And that's not counting electricity and such.

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Bitcoin mining will only work if you have cheap electric costs and an ASICS miner like an Antminer.

 

If you do not meet these requirements you can forget about mining coins ;)

(Srsly I have done the math, I almost lost my investment in August of 2014)


Started Folding@Home on 02-05-2015

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