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RE: Get Your Mining On: It Still Appears The GTX 1070 Reigns King Even with GTX 1080ti's Floating Around

in #bitcoin7 years ago

Gotta ask, is the rising of alt-coins like Ethereum making it more viable to mine cryptocurrency?

I got into crypto too late to hop in on the bitcoin mining train. I wanted to mine, but saw that, at that point, the mining world was dominated by people with dedicated and incredibly powerful mining rigs. It wasn't really viable to mine crypto because of how expensive it would have been to mine.

My question, then, is this: is mining alt-coin like ETH a viable option?

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Actually its still a good time to mine. With Bitcoin you will need an ASIC that is SHA256 but with Eth you can do it with GPU setups and make a decent profit. I actually mine LBRY on my GPU and do very well. Just trade them the exchange and you have some Bitcoin.

Yeah that's fair, I guess that would be mining bitcoin by proxy haha

Yea pretty much lol...its too tough on GPUs to get Bitcoin directly so we have to extort those other coins we don't like to get them lol

Haha cough cough ETH cough cough

Still not a fan of them, I mainly mine LBRY because it does so well for me on my GPUs lol.

I'll be the first to admit I've never heard of LBRY

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