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Noob Question/Mining gear question.

IndaLight
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I'm a 100% noob. I want to mine, which is the best coin to mine? Also what gear is the most profitable? My electricity is 8.13 cents kWh. 

 

I'm sorry. But mining pretty much any kind of crypto currency is out of question at this point in time.

 

You would likely be running at a loss, or just barely break even. Even if you were to use high-end mining equipment.

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Maybe if you asked this question three years ago you might have had a chance of making a few dollars...

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I'm a 100% noob. I want to mine, which is the best coin to mine? Also what gear is the most profitable? My electricity is 8.13 cents kWh. 

You can't mine. Max you can do is partake EVGA Bucks folding program, but that's it.

Want to help researchers improve the lives on millions of people with just your computer? Then join World Community Grid distributed computing, and start helping the world to solve it's most difficult problems!

 

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I'm a 100% noob. I want to mine, which is the best coin to mine? Also what gear is the most profitable? My electricity is 8.13 cents kWh. 

nothing at this point

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I'm sorry. But mining pretty much any kind of crypto currency is out of question at this point in time.

 

You would likely be running at a loss, or just barely break even. Even if you were to use high-end mining equipment.

 

 

nothing at this point

What happen to the market or is it just so hard at this point that is the just straight pointless.

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I'm a 100% noob. I want to mine, which is the best coin to mine? Also what gear is the most profitable? My electricity is 8.13 cents kWh. 

the only profitable way to mine is with ASIC miners , which cost a lot of money. Forget about bitcoin ( or any other sha-256 coin for that matter ). Scrypt based coins are profitable with a miner , but those are expensive. X11 ,neoscrypt , x13 and x15 coins are the only kind that are easier to mine with a gpu , but forget about those one , as they are not profitable.

 

If you want to make money with crypto , just buy the coin and resell when it's value goes up.

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the only profitable way to mine is with ASIC miners , which cost a lot of money. Forget about bitcoin ( or any other sha-256 coin for that matter ). Scrypt based coins are profitable with a miner , but those are expensive. X11 ,neoscrypt , x13 and x15 coins are the only kind that are easier to mine with a gpu , but forget about those one , as they are not profitable.

 

If you want to make money with crypto , just buy the coin and resell when it's value goes up.

So lets say I buy the most expensive miner, would it be profitable.

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So lets say I buy the most expensive miner, would it be profitable.

No. If it was that simple, then everyone would be rich by now.

 

I already told you. You want to mine? Join EVGA Bucks Folding Program. That's all you can do.

Want to help researchers improve the lives on millions of people with just your computer? Then join World Community Grid distributed computing, and start helping the world to solve it's most difficult problems!

 

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No. If it was that simple, then everyone would be rich by now.

 

I already told you. You want to mine? Join EVGA Bucks Folding Program. That's all you can do.

Actually no, you can get cash or credit, you can get 120 EVGA Bucks a year, and the EVGA Bucks aren't transferable.

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Actually no, you can get cash or credit, you can get 120 EVGA Bucks a year, and the EVGA Bucks aren't transferable.

Yeah, that's how it works.

Want to help researchers improve the lives on millions of people with just your computer? Then join World Community Grid distributed computing, and start helping the world to solve it's most difficult problems!

 

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