I want to start mining bitcoin but I'm not sure if it'll be worth it. Should I mine solo or in a pool? And I'll be getting 7-8 ant miner s7's cost is around $600. Would it be worth it?
Also it'd be around 8000 gigahash a second.
totally worth it! you'll be raking in cash in no time!
How likely is it that op will spend more money in electricity than he will make?
>>57476422
Missed the boat somewhat, friend. If you're not already in it you're pretty much wasting your time and money. But hey, if money isn't important to you and you just want to play with mining for shits and giggles, knock yourself out.
>>57476422
the only way to make money wigh bitcoin now is to sell suckers mining cards...
>>57476422
Pointless, you'll spend more money than you'll make.
isn't it great? instead of using their CPU/GPU cycles on actual useful projects like folding@home or rosetta@home people would rather waste lots of electricity on mining buttcoins and useless scamcoins
>>57476422
You missed mining by about 6 years. It's not profitable unless you have millions to spend on hardware.