I'm just starting to learn about Cryptocurrency, so I'm in the process of researching and watching lots of videos, reading articles, and so on.
If I find something really good I'm going to pass it along because a lot of other people (like you?) are probably wondering about cryptocurrency and could benefit from the information.
This video talks about the easiest and fastest way you can get up and running with crypto currency mining.
He is using NiceHash (click for download) to mine coins.
According to the author, this method will give you 50% of what your computer could do if you were to apply many, many different tweaks and modifications.
Of course all of that takes time to learn and to implement so finding a quick way to get up and running, even if only at 50% maximum capacity, is still very helpful.
He was getting $3.50 a day by the end of the video, not calculating for electricity 24 hours a day and at high speed, which I'm guessing might come in at around $1.00 per day?
So, running at 50% max capacity and at $3.50 a day we can expect about $105 a month revenue, minus $30 in electricity for a $75 a month profit.
If you can double your output then you can hope for $210 a month, minus $30 again for electricity, for a potential profit of $180 per month.
Considering these graphics cards are going for a few hundred dollars this is a good deal either way.
I hope this video helped you if you are looking for a fast and easy way to get started with Cryptocurrency right away.
I'll share more as I learn more!
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I will try it ;)
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Good info, I dont know why i didnt make a post like this yet. (maybe I did, iwill have to look) I decided to go ahead and try for the long run. Will bitcoin continue to go up? Maybe it will or maybe it wont but I bought a new computer with as good of a graphics card that i could find to run it full time mining. I figure if bitcoin goes bust, I will still have another laptop...
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Mining has become unprofitable and more difficult
I am also a beginner in cryptocurrency, i have seen many videos and tested a lot of strategy, in my opinion trading is the most efficient and cost effective way in cryptocurrency
following you
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there's also sia coin to consider
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This post received a 3.6% upvote from @randowhale thanks to @trevorlyman! For more information, click here!
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nice post thank u! I haven't gotten into mining yet, I might just rent out my hardrive space using sia coin because i'm not on the level of buying mining equipment yet
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Please stop comment spamming.
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