After eventually working out what the password could be, Koch got a pleasant surprise:. I would recommend either using one of the established pools such as Slush or BTC Guild but the best would always be P2Pool if your miner supports it. These are specialised mining which can only be used for mining specific algorithms. The idea is that since no one can actually predict the rate of myr joining the network no one can also predict how difficult it will be to mine in 6 weeks, 6 months or 6 years cost now. Update regarding the IPTorrents account July 5, Because my time was worth more than the fraction of a cent I'd get in bitcoin.
So another Up, Up, down pattern eh? Hello please can I have a contact need to know more about setting up a mining rig. This is a variable in which it determines how hard it is to mine BitCoin. This subreddit is not about general financial news. MinerGate is an established smart-mining multipool that allows you to mine all of the top cryptocurrencies, including XMR. That was 4 years ago. In the case below, you can insert an annual profitability decline factor that will help you estimate the growing difficulty.
Residential electricity myr in Malaysia are available below: Admins may or may not choose to remove the comment or bitcoin the author. In general if BitCoin prices increases against the fiat money, then you will be gaining and if BitCoin prices falls against the fiat mining, then you are losing but only on this variable. BitCoin difficulty cost itself roughly every 2 weeks to be more accurate it adjusts itself every blocks with each block taking about 10 minutes. Bitcoin is the currency of the Internet:
You must really be careful as there are so many scams out there! Good Luck people, be weary. I have heard Hashflare and Genesis are trustworthy. Only ones I know for sure. It could still be profitable. Also, they have a great support team. Been happy with them. Asic based machines only. I just finished writing an article on Ethereum mining for this site and I covered the Titan V.
I can afford to buy an S9 machine and the monthly electricity costs, but is that enough?? How long is an S9 expected to be the best machine?
Thanks, Steven, very helpful. Not too sure about the DragonMint machine lots of negative press out there but Slush does sound reputable. Think my partner and I will jump in and mine Bitcoin and LiteCoin with one machine each. MinerGate is an established smart-mining multipool that allows you to mine all of the top cryptocurrencies, including XMR. Hi Emmanuel, please post your question here or in our Ask Me Anything section: Last updated on November 24th, at Select miner Released How much electricity does your miner consume?
Avalon 7 November WW 0. AntMiner S7 August W 0. AntMiner S5 December W 0. Avalon 6 August W 0. It has a small chance of mining a block but does not generate monthly revenue. Notify of new replies to this comment. You can choose reporting category and send message to website administrator.
Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous. Be very careful people as thre are a lot of scams out there. People will give fake reviews just for affiliate commissions! Check them out here: These are specialised devices which can only be used for mining specific algorithms.
However, you could use those cards for GPU mineable coins. Like in my answer to Daniel just below, there are sites where you can check out the most profitable coins to mine and also places to calculate your profits. Only free software and free membership to a pool is required to start mining. I can see some people put money and never reinvest in more hashpower.. Joining a top mining pool will help you earn even faster. Join now to start earning: I'm so pissed off at myself that I didn't look deeper into bitcoin when I first heard about it around I distinctly remember dismissing the idea out of hand because I thought someone would just work out how to copy their coins on their hard disk me not knowing how it actually worked at the time and the whole thing would just come crashing down.
If only I had taken the time to learn about the blockchain, I would have bought soooo many coins You are suffering from hindsight bias. Even if you studied the blockchain, chances are you would not have spend an unproportional amount of money, because you likely would have not thought that it would become that successful. Look at the present: Are you accumulating sooooo many coins now too? What would your future self say? This is true for me at least. And good thing I did. For a student there was only so much to spend, and betting on that horse with all my savings would have been unreasonable.
I bought a small amount of bitcoins when they were worth 0. Also it was practically impossible to buy them. Gox and PayPal via Bitcointalk. There was no Coinbase or Circle. If these options existed I would have bought some at most since I didn't want to mine.
In If col would have believed they went to a million then, and believed this now, he would be putting everything he had into it and amassing as many coins as possible. I doubt it he does though. Gonna await for another day for hindsight to kick in again. Now, I'm still forward thinking, but I can't justify putting my life savings into such a poorly run software project.
If you think the software project looks poorly run now, you've probably forgotten what it was like in the early days I wasn't saying it in the mocking way in which you probably read it. I was trying to figure out if he was being logically consistent or not. Why didn't you buy any Paycoin? You can't get much more longshot than that. I became extremely interested in bitcoin in late I knew about them since , and I thought it was a great idea.
I still didn't buy any until Lots of good ideas out there never get any traction. Who could have known. I told a buddy who was a gamer and had a nice rig about it in Now he kicks himself realizing if he would have held on to them a bit longer he would have been rich I remember visiting free faucets and couldn't be arsed to start Bitcoin to get an address to paste into the web form.
Because my time was worth more than the fraction of a cent I'd get in return. Years earlier I had mined hundreds of coins got about 7 blocks and then formatted my hard drive when Windows was getting sluggish, losing them. They were worth nothing back then. There are tons of us that were merely happy to buy graphics cards that paid for themselves.
Buying BTC directly would have been far more profitable. Man I think we are lucky, those of us who only found out about it recently. Because there are SO many stories of early adopters losing their coins either in a hard drive wipe, they were goxed, or they just sold them.
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How much is 1 ETH (Ethereum) in MYR (Malaysian Ringgit). Online exchange rate calculator between ETH & MYR. Currencio — World Currency & Cryptocurrencies Converter. Bitcoin Price Chart Malaysian Ringgit (BTC/MYR). Bitcoin price for today is RM38 , It has a current circulating supply of Million coins and a total volume exchanged of RM16,,, Price Market Cap. Loader Created with Highstock Jan RM 6 PCIE 16X Slot Built in Intel Celeron Motherboard Mining Bitcoin Eth. Ship from: Kedah, Estimated Arrival working days. zt_lee. RM RM Ship + RM Add to Wishlist (46) View (). WK Bitcoin Mining Rack support x 6 to 8 Graphic Card + Free 3 Item. Ship from: Penang, Estimated Arrival