bitcoin Am I doing it right?

[LionWaffles]

I'm confused. It's been mining for 10 min but it doesn't show any signs on the website that it's been mining and says 0.0000000000000000 BTC

[Mooshi]

You're doing the equivalent of trying to do construction with a plastic spoon...

[TheRandomness]

Because you're running such weak hardware, that'll take (probably) a few years to mine a reasonable amount of btc (maybe.. 2-5 of them?).

[LionWaffles]

2 minutes ago, Mooshi said:

You're doing the equivalent of trying to do construction with a plastic spoon...

So...?

[LionWaffles]

Just now, TheRandomness said:

Because you're running such weak hardware, that'll take (probably) a few years to mine a reasonable amount of btc (maybe.. 2-5 of them?).

Oh ok. ? 

[Mooshi]

1 minute ago, LionWaffles said:

So...?

A GTX 1080 Ti overclocked to the max wouldn't make a dent, let alone a 750 Ti. GPU mining for bitcoins has been dead for years.

[TheRandomness]

2 minutes ago, LionWaffles said:

Oh ok. ? 

You'd need the equivalent of a full warehouse stacked with hardware to actually mine bitcoin properly (like they do in China).

[Simon771]

Check website: whattomine and you can see what is the most profitable to mine right now with your GPU.

GPU mining is profitable only for those who have cheap or free electricity and use at least 50 GPUs. Otherwise you will be making like 0,5€ profit per day .... not worth the strugle.

I can go out for 1 hour, and I'm sure I will find 0,5€ on the floor somewhere much faster than you earn it by GPU mining with single low tier card.

[MVPernula]

9 minutes ago, Simon771 said:

Check website: whattomine and you can see what is the most profitable to mine right now with your GPU.

GPU mining is profitable only for those who have cheap or free electricity and use at least 50 GPUs. Otherwise you will be making like 0,5€ profit per day .... not worth the strugle.

I can go out for 1 hour, and I'm sure I will find 0,5€ on the floor somewhere much faster than you earn it by GPU mining with single low tier card.

Oooh that harsh.. I like it.

[AlTech]

33 minutes ago, LionWaffles said:

snip

Step 1: Rent a huge warehouse

Step 2: Buy like 30-50 racks of Servers.

Step 3: Buy like 100-200 AMD RX 580s or Fury Xs

Step 4: Insert the GPUs into the server racks.

Step 5: Profit?? .

[Simon771]

10 minutes ago, MVPernula said:

Oooh that harsh.. I like it.

Harsh or not, it's how it is.

I did some mining with my GTX 1070 and I earned like 30$ in 1 month ... It did feel good to get 30$ just like that. But next month when I received bill for electricity .... well it was exactly 25$ more than usuall.

10/10 would't recommend.

 

And that was with mining Zcash which was the most profitable at that time.

[MVPernula]

Just now, Simon771 said:

Harsh or not, it's how it is.

I did some mining with my GTX 1070 and I earned like 30$ in 1 month ... It did feel good to get 30$ just like that. But next month when I received bill for electricity .... well it was exactly 25$ more than usuall.

10/10 would't recommend.

 

And that was with mining Zcash which was the most profitable at that time.

Shiee, I don't know anything about this but that's nooo profit.

Buy a coffee at a café and you're done.

[Simon771]

5 minutes ago, MVPernula said:

Shiee, I don't know anything about this but that's nooo profit.

Buy a coffee at a café and you're done.

Exactly ... mining with your daily PC is not worth it anymore.

 

But if you have something like this + free electricity, then go for it since you are looking at few hundred dolars per day. But keep in mind that you also have to invest in all that hardware in the first place. And usually electricity isn't for free

 

 

 

[MVPernula]

6 minutes ago, Simon771 said:

Exactly ... mining with your daily PC is not worth it anymore.

 

But if you have something like this + free electricity, then go for it since you are looking at few hundred dolars per day. But keep in mind that you also have to invest in all that hardware in the first place. And usually electricity isn't for free

Man all that hardware looks juicy