[Aceman]

What would be the best crypto currency to mine with 20 Mh/s?

Unfortunately we cannot recommend a "best" option profitability wise because the most profitable coin is constantly changing. Would you mind telling us what your 20Mh/s is in, whether it be scrypt or something else? After that we should be able to give you some recommendations at least.

[Realizm]

Are there other ways to truly make a decent profit off of any crypto currency without renting/buying into mining?

[DLT.]

Are there other ways to truly make a decent profit off of any crypto currency without renting/buying into mining?

Yeah, buy into coins. I purchased 500 litecoins when they were at $3 a piece, two days later they hit $6. Doubled my money that easy. You need to be prepared to take the risk, only invest what you're willing to loose. Same goes with primedice.

[Aceman]

Yeah, buy into coins. I purchased 500 litecoins when they were at $3 a piece, two days later they hit $6. Doubled my money that easy. You need to be prepared to take the risk, only invest what you're willing to loose. Same goes with primedice.

To add onto this, if you do enough research, watch the markets, and pay attention to news you'll be able to have much more success. Treat cryptos like the stock market and you can day trade your way to wealth if you're good at it.

[Ninetales.]

I have about 800$ to invest into a rig. I'd prefer Scrypt since that seems to be much more profitable.

What to buy, where to buy it?
I plan on using one of those pools like Clevermining during my busy time, then scoping out BCT for new alt coins and selling once they hit sites like Cryptsy.

[Realizm]

Yeah, buy into coins. I purchased 500 litecoins when they were at $3 a piece, two days later they hit $6. Doubled my money that easy. You need to be prepared to take the risk, only invest what you're willing to loose. Same goes with primedice.

So for somebody with only say... $2000 to invest in any crypto-currency. Which would be better, buying into mining? Or trying to play the market with a decent amount of dedication?

---

Also, I've seen gambling sites and what not. Would any of those possibly be profitable? Does anybody have experience with those?

[DLT.]

I have about 800$ to invest into a rig. I'd prefer Scrypt since that seems to be much more profitable.

What to buy, where to buy it?
I plan on using one of those pools like Clevermining during my busy time, then scoping out BCT for new alt coins and selling once they hit sites like Cryptsy.

I'm afraid to say, your budget is too small to make a decent wage per day. I recommend on studying the markets, trust me.. it'll pay off for you and you can make hundreds a day if you play your cards right.

So for somebody with only say... $2000 to invest in any crypto-currency. Which would be better, buying into mining? Or trying to play the market with a decent amount of dedication?

---

Also, I've seen gambling sites and what not. Would any of those possibly be profitable? Does anybody have experience with those?

Do you want fast return? Or do you want to make like $10 a day from mining? (That's from mining coins from coinwarz) If however you mine new alt coins on launch days it can vary high or low.

We can't discuss gambling on hackforums, but just quickly.. I've literally just lost $200 from primedice. You win some, you loose some. I wouldn't recommend it to make a daily wage. Lets move away from that subject. 🤝

[Realizm]

I'm afraid to say, your budget is too small to make a decent wage per day. I recommend on studying the markets, trust me.. it'll pay off for you and you can make hundreds a day if you play your cards right.

Do you want fast return? Or do you want to make like $10 a day from mining? (That's from mining coins from coinwarz) If however you mine new alt coins on launch days it can vary high or low.

We can't discuss gambling on hackforums, but just quickly.. I've literally just lost $200 from primedice. You win some, you loose some. I wouldn't recommend it to make a daily wage. Lets move away from that subject. 🤝

Oh right, I forgot that rule lol. Too many forums and not enough brain power haha. Alright thanks, I think I may play the market for a bit and see where that gets me 🤝

[DLT.]

Oh right, I forgot that rule lol. Too many forums and not enough brain power haha. Alright thanks, I think I may play the market for a bit and see where that gets me 🤝

Not a problem, need any help just hit me up on skype. 🤝

[๖ۣۜThorium]

What would you guys recommend to someone who is using IM3 to mine.. on some good computers ?? I have tried to mine OMC which is scrypt and it seems i can get to about 1000KHS.. I know its not much but its because I'm using lower intensity..
I'm not looking to get a lot of money i just want to know if there is a good altcoin to mine while doing nothing lol.. just to get a few coins that i might exchange later for some other coin.

[Jordana Brewster]

Hi,

I want to buy a 50GH/s HasletGenesis miner from GAWMiners

What would be the payback time mining bitcoins? (The cost of the HG is $49.55)

Or would it be better to get HashletSolo or a HasletPrime

[Ortek]

Im going out for a few hours, ill answer your question and post the calculations when im back. Cheers

EDIT: im back and i have checked the Hashlet Genesis. The one you mentioned has 50GH for $49.95. They charge a $0.02 maintenance fee per GH per day, which means $0.10 per day for your 50GH HG (HashletGenesis)

50Gh will get you:
0.00003512 btc per hour, which is $0.02
0.00084297 btc per day, which is $0.40
0.00590082 btc per week, which is $2.81
0.02528924 btc per month, which is $12.40
0.30768576 btc per year, which is $146.44

When we deduct the maintenance fee's which are charged daily, you will get:
$0.30 per day
$2.11 per week
$9.40 per month
$109.94 per year

With these numbers you will reach your ROI in 5 months and 1 week (approximately)
Its up to you to decide if its worth it or not.

Imo you will make more with the Solo or Prime, but ill crunch some numbers to see which one is most profitable.

[Monkeyboy]

If I spend 500$ on a rig, what sort of profit would I get in a week?

[DLT.]

Hi,

I want to buy a 50GH/s HasletGenesis miner from GAWMiners

What would be the payback time mining bitcoins? (The cost of the HG is $49.55)

Or would it be better to get HashletSolo or a HasletPrime

Neither, just invest your $50 into an alt coin, make sure you study the markets.

What would you guys recommend to someone who is using IM3 to mine.. on some good computers ?? I have tried to mine OMC which is scrypt and it seems i can get to about 1000KHS.. I know its not much but its because I'm using lower intensity..
I'm not looking to get a lot of money i just want to know if there is a good altcoin to mine while doing nothing lol.. just to get a few coins that i might exchange later for some other coin.

Pointless to say the least, all you'll be doing is burning out your computer and paying for electricity bills. Don't bother trying to mine OMC, it's dead.

If I spend 500$ on a rig, what sort of profit would I get in a week?

You'd probably make a few dollars a day, at most. That's if you mine coins from the profit calculator on coinwarz. Invest your money into a coin.

Anything under $5000, invest.

[Fix Yo Bottles]

Do you think BTC will reach $1000 again?