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RE: My first ASIC mining experience so far...

in #bitmain7 years ago

The Antminer is an ASIC. I also have a 5x GPU mining setup. I like both. ASIC can only mine the one algo, but GPUs can mine lots of algo's. ASIC is WAY more profitable, but it really depends on your budget. Since I don't have much of a budget, but going, seemingly, half and half between ASIC and GPU is working out good. Dual mine ETH + DCR on GPU, and sell hashpower to NiceHash / ProHashing for ASIC seems to be doing me good. Build up some ETH (which is always good) and get some extra BTC scratch. :)

If you have a older GPU, prob wont be able to do anything in regards to ETH, but maybe mine some SmartCash. Network is low hashrate right now. I have a cheapy old GPU laying around on SmartCash and getting about 10 a day. Thats how ETH started. People could mine MULTIPLE ETH a day. Even when I started, my one GPU could mine a whole ETH in 30 days. Now its half an ETH in 2 months for all 5 working together. Difficulty has blown up THAT much. INSANE.

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Shows how much I know. Lol. That’s what I’m looking for is a little scratch on the side for fun. Then it might get into something a little more serious. Thanks for the info man. Now it’s convincing the wife 😜