Comments on: iBuyPower Introduces Coin Mining Computers

By: Yeazy

Yeazy — Tue, 21 Jan 2014 17:09:00 +0000

I did a bit research on Butterfly Labs. From what I found out they don’t seem to have a very good reputation in the coin-mining community.

By: Elijah Daugherty

Elijah Daugherty — Tue, 21 Jan 2014 14:07:00 +0000

There is a whole world of cryptocurrencies out there. In my opinion they are a fruitless endeavors.
Yes their is scrypt mining on gpu’s, but at the end of the day, you have a hard time breaking even.

This is just my opinion, there is no need to be rude.

By: Mikk Raudsepp

Mikk Raudsepp — Tue, 21 Jan 2014 13:44:00 +0000

Have you even mined any altcoins? Know the profits and costs? Do you even know that you can’t mine altcoins with bitcoin ASIC? It seems to me that you have read one post about cryptocurrencies.

By: George

George — Tue, 21 Jan 2014 12:52:00 +0000

Still run into huge amounts of power consumption, making it hard to break even.

By: Elijah Daugherty

Elijah Daugherty — Tue, 21 Jan 2014 12:47:00 +0000

Butterflylabs, they have the “monarch” coming out. Check it out.

By: Elijah Daugherty

Elijah Daugherty — Tue, 21 Jan 2014 12:46:00 +0000

Marginally. They are extremely inefficient for the task as they consume a lot of power.

Asics are easy, you plug them in and forget about them.
If you want to game at all on your pc you have to stop mining.

By: Bryan Pasupathi

Bryan Pasupathi — Tue, 21 Jan 2014 07:28:00 +0000

You need ASIC chips to truly mine bitcoins not AMD GPU’s

By: dawe dast

dawe dast — Mon, 20 Jan 2014 14:59:00 +0000

graphic card are good for litecoin mining

By: Mikk Raudsepp

Mikk Raudsepp — Mon, 20 Jan 2014 14:47:00 +0000

Seems like you don’t know nothing about mining coins. Mining bitcoin isn’t profitable with GPU’s and is hard with ASIC’s. With GPU-s you can mine other scrypt based coins and make an ok profit. Even mining litecoin with GPU’s is still profitable.

By: IncoherentOrange

IncoherentOrange — Mon, 20 Jan 2014 06:31:00 +0000

Mining bitcoins, that is. The only way to mine Scrypt-based coins (which are currently more popular among the mainstream as you can still viably make them without additional hardware) is by GPU or CPU at the moment. I’d think that someone who is “serious about mining” would know such a thing.