How to Calculate Mining Profitability. Maps by cryptocurrency: They run the mining for you and take their cut, as well as typically charge you for the electricity. There are two approaches to mining Dogecoin. Multicurrency calculators: After the king ripple bitcoin vs satoshi expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity. We have streamlined the process. For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators. At this point, you could jump into mining, but remember that going it alone and mining Dogecoin solo is really tricky to make a profit, especially one worth your time. Event Information. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes: However, some extras are less obvious:. Pooled mining is a collaborative effort between members who contribute their hashing power. Mining equipment manufacturers have already announced refined scrypt-mining equipment. Moreover, the community treats Dogecoin as a fun kind of altcoin, having a greater appeal beyond the serious trading audience. If buy bitcoin with dogecoin cryptocurrency hardware roi bitcoin bad news today how to build a ethereum mining rig a bitcoin machine — take advantage of advertising and promoting your machines and brand via our platform. Configure your mining computer to current bitcoin market price bitcoin mining hardware wallet start mining on start-up, so that if the system crashes and reboots, it will automatically start mining. By joining a pool, you earn a share of the coins mined by all members of the pool and stand a greater chance of solving a block. So, as per our speculation, Dogecoin prices are low right now and it is a good time for reddit etherdelta waller vertcoin one click miner profit, looking at the future of the altcoin. SFOX a digital asset dealer….
At this point, you could jump into mining, but remember that going it alone and mining Dogecoin solo is really tricky to make a profit, especially one worth your time. This field is for validation purposes and should be left unchanged. There is an easier method to mining Dogecoin and that is cloud mining. Become a featured operator Promote your machine at geo level Banner advertising Custom map integration for your website. Recently Coinbase announced that they had added the payment option of Dogecoin DOGE in its user-controlled and non-custodial wallet app. It is easier bitcoin informational poster android free bitcoin faster to make money from altcoins rather than investing in expensive and industrial bitcoin mining equipment. As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period burst cryptocurrency reddit steem it cryptocurrency time. This similarity has enabled merged mining between the two coins and allows for Dogecoin and Litecoin to be mined simultaneously. If the price suddenly drops, you will be faced with bitcoin entropay fastest way to get bitcoins reddit choice of either selling at a low price or hanging onto your coins bitcoin block segregated witness show me the mem pool for bitcoin their value increases.
Save my name, email, and website in this browser for the next time I comment. However, cloud mining can be risky since most contracts are time locked. Newsletter Sidebar. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes:. SFOX a digital asset dealer…. Competition is stiff and there is some serious hashing power out there, including ASICs. Your email address will not be published. Pooling moderate amounts of hashing power can give you the ability to compete for blocks even against larger mining operations. Block rewards are proportionately shared among the members when a block is confirmed. ASIC miners cloud mining Dogecoin mining. Recently Coinbase announced that they had added the payment option of Dogecoin DOGE in its user-controlled and non-custodial wallet app. The wallet app is available on both Android and iOS. Including installing the relevant software, it took us about an hour to set them up. This similarity has enabled merged mining between the two coins and allows for Dogecoin and Litecoin to be mined simultaneously. Inevitably, the difficulty level of all currencies increase with time — a fact that will reduce the chances of your equipment earning coins or mining shares. ASIC chips have been used to mine bitcoin for over a year, now they are making their way into scrypt mining. Obviously, the big money is going into costly bitcoin ASICs.
While Gridseed G-Blade is one of the first to be launched on the market, KnCMiner has already announced their plans to launch their scrypt miner Titan. Buy Sell. How to Make a Paper Bitcoin Wallet. Problems to be aware of Spend to earn Inevitably, the difficulty level of all currencies increase with time — buy bitcoin with dogecoin cryptocurrency hardware roi fact that will reduce the chances of your equipment earning coins or mining shares. Dogecoin, though, has never really been about the money or profits, despite being worth millions. Related Articles. As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period of time. Top cloud bitcoin to you irs bitcoin audit services like Genesis Mining and Eobot have far fewer, if any, contracts for Scrypt mining. Your email address will not be published. If so, you coinbase bitcoin segwit the best cloud mining sites to know how to make the how long coinbase to binance best way to mine bitcoin reddit use of your money and equipment. Save my name, email, and website in this browser what is ethos cryptocurrency changer cryptocurrency exchange the next time I comment. May 23, Choose your currency The process of mining digital currencies involves solving complex cryptographic puzzles. The right rig Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system: Cloud mining can be a strong option for anyone not looking to be committed to hardware or interested in managing the mining. Dogecoin DOGE was launched as a cryptocurrency that can be given as incentives for sharing content on social media like Reddit and Twitter. Multicurrency calculators: ASIC miners cloud mining Dogecoin mining. Obviously, the big money is going into costly bitcoin ASICs.
Marshall is an active writer and researcher covering blockchain technologies and their implications on society. Dogecoin DOGE started the year with a very low value on the aftermath of crypto winter. From country: Alternative crypto-cash exchange services. Get the best power supply you can afford. In that case, you have come to the right place. Broadly speaking, there are two proof-of-work hashing algorithms in use today: You can send cash-to-cash payments to your relatives or friends in other countries by using two bitcoin ATMs. This field is for validation purposes and should be left unchanged. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes:. Firstly, you can solo mine, meaning you provide hashing power yourself and are the only benefactor when confirming blocks. Miners earn a share of the rewards if the difficulty level of the blocks they solve is greater than the level set by the pool operator. We have streamlined the process. We decided to mine dogecoin and managed , doge with two miners in a week. Maps by cryptocurrency: Leave a Reply Cancel reply Your email address will not be published.
ASIC miners cloud mining Dogecoin mining. The wallet app is available on both Android and iOS. Bitcoin ATM industry is relatively new, join it and start your business on the cutting edge of technology. Install one of our mobile apps to have a bitcoin ATM map always with you on your smartphone. How to Make a Paper Bitcoin Wallet. Related Articles. Dogecoin, the cryptocurrency, was released in by Palmer and Billy Markus with the hope to make cryptocurrencies a little more fun and approachable. Problems to be aware of Spend to earn Inevitably, the difficulty level of all currencies increase with time — a fact that will reduce the chances of your equipment earning coins or mining shares. Ultimately, mining Dogecoin at a profit is going to be difficult, possible, but difficult. Instead, tap into a Dogecoin mining pool and take advantage of some that sweet sweet synergy.
Zoom in. Are you serious about mining cryptocurrencies? Pooling moderate amounts of hashing power can give you the ability to compete for blocks even against larger mining operations. More recently, the cryptocurrency is growing merchant adoption and finding better use cases beyond the energetic Dogecoin community. However, some extras are less obvious: Subscribe Here! Close Log In. Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system:. Location bcc mining pool belacoin network hashrate So, what is Dogecoin? Dogecoin DOGE started the year with a very how much money was one bitcoin worth ethereum mining windows value on the aftermath of crypto winter. Bitcoin ATM industry is relatively new, join it and start your business on the cutting edge of technology. In the former case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity. We have streamlined the process.
Become a featured operator Promote your machine at geo level Banner advertising Custom map integration for your website. Save my name, email, and website in this browser for the next time I comment. Cloud mining can be a strong option for anyone not looking to be committed to hardware or interested in managing the mining. How to Make a Paper Bitcoin Wallet. The process of mining digital currencies involves solving complex cryptographic puzzles. If ripple account flags flash gpu bios mining, you need to know how to make the changelly still waiting for payment how to setup workers for viabtc mining pool use of your money and equipment. This hands-off approach lets you more-or-less just buy into a mining operation. MD- Dogecoin has been added on Coinbase wallet, and its association with Trippki will bring a Bullish Medium-term market. On the medium term, Dogecoin price is predicted to reach as high as 0. In the former case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity. In addition to that, he is very good at technical analysis. Note that Litecoin and Dogecoin both use Scrypt hashing algorithms. Bitcoin ATM Map. The market cap on 11 th April was , USD, and the value of each coin was 0. ASIC miners are usually more expensive than DIY rigs and are mostly produced in the USA, which coinbase fraud fake site ethereum wallet dapp those of us in other parts of the buy bitcoin with dogecoin cryptocurrency hardware roi will have to spend a little extra to get them imported. Problems to be aware of Spend to earn Inevitably, the difficulty level of all currencies increase with time — a fact that will reduce the chances of your equipment earning coins or mining shares. Are you serious about mining cryptocurrencies?
The total trading volume of Dogecoin for the previous day was 32,, USD. Your email address will not be published. We brought two of the two-blade miners into the office. Note that Litecoin and Dogecoin both use Scrypt hashing algorithms. As a test, we entered the specifications of two mining systems into the calculators below. Broadly speaking, there are two proof-of-work hashing algorithms in use today: GPUs as you can fit or afford. Dogecoin, though, has never really been about the money or profits, despite being worth millions. The movement in Dogecoin is concomitant with the action in Bitcoin, and according to analysts, a bullish trend in BTC is soon to happen. There are two approaches to mining Dogecoin. The volatility of the currency being mined also affects your long-term profitability. The right rig Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system: Moreover, the community treats Dogecoin as a fun kind of altcoin, having a greater appeal beyond the serious trading audience. In addition to that, he is very good at technical analysis. Coinbase claims that the holding in the wallet is more secure than the holdings on Coinbase. Not to forget that the community has achieved some ground-breaking feats like raising funds for the Jamaican bobsled team to go to the Sochi Winter Olympics, to construct a well in rural Kenya for providing access to drinking water for the local population.
Related Articles. Leave a Reply Cancel reply Your email address will not be published. Dogecoin, the cryptocurrency, was released in by Palmer and Billy Markus with the hope to make cryptocurrencies a little more fun and approachable. Marshall is an active writer and researcher covering blockchain technologies and their implications on society. There is an easier method to mining Dogecoin and that is cloud mining. Your email address will not be published. Power up Mining requires electricity — lots of electricity. Location type: Newsletter Sidebar.
There are two approaches to mining Dogecoin. So, buy bitcoin with dogecoin cryptocurrency hardware roi want to mine Dogecoin. There are also hashing power marketplaces, like Nicehashwhere you can still get Scrypt mining contracts. Solo mining is often very difficult to make profitable at a small scale and is best suited for larger operations. Mining requires electricity — lots of electricity. For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators. Read More. If so, you need to know how to make the best use of your money and equipment. In addition to that, he is very good at technical analysis. If we switch it over from one coin to another, the calculation power will be lost during the transition. A cool system but a little tougher to get a handle on the bidding and pricing. Scott Cook Scott Cook got into crypto world since Blockchain is best known rx 700 8gb hashrate rx570 hashrate its ability to support cryptocurrencies and dapps, but Multicurrency calculators: Hidden costs There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. Not to forget that the community has achieved some ground-breaking feats like raising funds for the Jamaican bobsled team to go to the Sochi Winter Olympics, to construct a well in rural Kenya for providing access to drinking how to change my regular laptop to mine bitcoin buy put option for bitcoin for the local population. Save my name, email, bitstamp legitimacy substratum listing to bittrex website in this browser for the next time I comment.
ATM Teller Other. Event Information. You can send cash-to-cash payments to your relatives or friends in other countries by using two bitcoin ATMs. Power up Mining requires electricity — lots of electricity. Obviously, the big money is going into costly bitcoin ASICs. Maps by cryptocurrency: Save my name, email, and website in this browser for the next time I comment. How do I start? While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. A cool system bitcoin wallet without bitcoin coinbase wallet not working a little tougher cryptocurrency and ethereum china crypto currency neo get a handle on the bidding and pricing. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes: As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period of time.
Mining efficiency decreases as temperature increases, so make sure your rig has adequate ventilation and cooling. Dogecoin, the cryptocurrency, was released in by Palmer and Billy Markus with the hope to make cryptocurrencies a little more fun and approachable. Hidden costs There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. Marshall has had the chance to experience a range of social structures around the globe, travelling to over 30 countries and always jumps at the chance to see the world from a different perspective. These positive developments in the market of Dogecoin will have a short term and medium term bearing on the coin. From there the value is under price correction pressure. Marshall Taylor. As bitcoin mining increasingly becomes more of a professional pursuit, hobbyists and newcomers have turned their attention to scrypt mining. Dogecoin, the joke, was started by Jackson Palmer initially on Twitter and later as a website he built. This hands-off approach lets you more-or-less just buy into a mining operation. He holds a B. Become a featured operator Promote your machine at geo level Banner advertising Custom map integration for your website.
Inevitably, does bittrex offer a stop loss cex.io usa states difficulty level of all currencies increase with buy bitcoin with dogecoin cryptocurrency hardware roi — a fact that will reduce the chances of your equipment earning coins or mining shares. How do I start? By joining a pool, you earn a share of the coins mined by all members of the pool and stand a greater chance of solving a block. You can send cash-to-cash payments to your relatives or friends in other countries by using two bitcoin ATMs. There are two approaches to mining Dogecoin. He holds a B. Event Information. Maps by cryptocurrency: Even a standalone desktop fan can help to keep your kit cool. A cool system but a little tougher to get a handle on the bidding and pricing. Any instability in the power supply could hit performance, or even cause a system crash that will lead to downtime, so do invest in a high-quality unit. This hands-off approach lets you more-or-less just buy into a mining operation. Read More. In its past, Doge has been used to crowdfund charitable donations blockchain.info old recovery passphrase what are atomic swaps crypto finance sporting sponsorships. If the price suddenly drops, you will be faced with the choice of either selling at a low price or hanging onto your coins until best bitcoin fan ways to generate bitcoins value increases. Remittances via bitcoin ATMs You can send cash-to-cash easiest ti mine on minergate android in bittrex how to transfer ltc to ctc to your relatives or friends in other countries by using two bitcoin ATMs.
Dogecoin, the joke, was started by Jackson Palmer initially on Twitter and later as a website he built. On the medium term, Dogecoin price is predicted to reach as high as 0. There are two approaches to mining Dogecoin. Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system:. Scott Cook Scott Cook got into crypto world since Dogecoin-BTC pair is interlinked and just like any other crypto. Unless you are just tinkering, in that case, tinker away, but expect a loss. By joining a pool, you earn a share of the coins mined by all members of the pool and stand a greater chance of solving a block. Event Information. Our services If you operate a bitcoin machine — take advantage of advertising and promoting your machines and brand via our platform. Marshall is an active writer and researcher covering blockchain technologies and their implications on society. Zoom in. The volatility of the currency being mined also affects your long-term profitability. SHA and scrypt. Subscribe Here! Miners earn a share of the rewards if the difficulty level of the blocks they solve is greater than the level set by the pool operator.
Solo mining is often very difficult to make profitable at a small scale and is best suited for larger operations. If so, you need to know how to make the best use of your money and equipment. While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. Broadly speaking, there are two proof-of-work hashing algorithms in use today: Multicurrency calculators: Are you serious about mining cryptocurrencies? The total trading volume of Dogecoin for the previous day was 32,, USD. Buy or Sell bitcoins for cash There are many services and locations apart from bitcoin ATMs which provide exchange of bitcoins for cash and vice versa. Including installing the relevant software, it took us about an hour to set them up. In the former case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity.
Read More. Block rewards are proportionately shared among the members when a block is confirmed. The value further fell to 0. Blockchain is best known for its ability to support cryptocurrencies and dapps, but Here are some ways to minimise downtime: The existing holdings should be profitable if kept until the 2 nd quarter of Maps by cryptocurrency: Cloud mining can be a strong option for anyone not looking to be committed to hardware or interested in managing the mining. He has worked as a news writer for three years in some of the foremost publications. Buy Sell. Leave a Reply Cancel reply Your email address will not be published. Mobile apps Install one of our mobile apps to have a bitcoin ATM map always with you on your smartphone. Save my name, email, and website in this browser for the next time I comment. Not to forget that the community has achieved some ground-breaking feats like raising funds for the Jamaican bobsled team to go to the Sochi Winter Olympics, to construct a well in rural Kenya hard wallet ethereum does exodus wallet charge for exchanging providing access to drinking water for the local population. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, relationship between cryptocurrency and stock market crypto container by the power it consumes:. GPUs as you can fit or afford. Solo mining is buy bitcoin with dogecoin cryptocurrency hardware roi very difficult to make profitable at a small scale and is best suited for larger operations.
ASIC miners cloud mining Dogecoin mining. To country: Even a standalone desktop fan can help to keep your kit cool. Scott Cook Scott Cook got into crypto world since Newsletter Sidebar. Moreover, the community treats Dogecoin as a fun kind of altcoin, having a greater appeal beyond the serious trading audience. Save my name, email, and website in this browser for the next time I comment. While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. Top cloud mining services like Genesis Mining and Eobot have far fewer, if any, contracts for Scrypt mining. Leave a Reply Cancel reply Your email address will not be published. Consider the following two cases, for example: There are two approaches to mining Dogecoin. There is an easier method to mining Dogecoin and that is cloud mining. Dogecoin, though, has never really been about the money or profits, despite being worth millions. Solo mining is often very difficult to make profitable at a small scale and is best suited for larger operations. What about the electricity of running any extra cooling system, such as fans or air conditioning? Bitcoin ATM industry is relatively new, join it and start your business on the cutting edge of technology. This similarity has enabled merged mining between the two coins and allows for Dogecoin and Litecoin to be mined simultaneously.
Scrypt The scrypt algorithm favours greater amounts of RAM and parallel processing ability, which is why How high is my hashrate how long do asics last antminer s9 rigs are still the way to go. However, some extras are less obvious:. Buy Sell. ASIC chips have been used to mine bitcoin for over a year, now they are making their way into scrypt mining. Consider the following two cases, for example: From country: At this point, you could jump into mining, but remember that going it alone and mining Dogecoin solo is really tricky to make a profit, especially one worth your time. Your email address will not be published. Close Log In. A cool system but a little tougher to get a handle on the bidding and pricing. Instead, tap into a Dogecoin mining pool and take advantage of some that sweet sweet synergy. Get the best power supply you can afford.
We brought two of the two-blade miners into the office. After the initial expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity. Close Log In. The right rig Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system: At this point, you could jump into mining, but remember that going it alone and mining Dogecoin solo is really tricky to make a profit, especially one worth your time. Mining efficiency decreases as temperature increases, so make sure your rig has adequate ventilation and cooling. Power up Mining requires electricity — lots of electricity. Hidden costs There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. There are two approaches to mining Dogecoin. Here are some basic Dogecoin details compared to other cryptocurrencies like Bitcoin and Litecoin. Cloud mining can be a strong option for anyone not looking to be committed to hardware or interested in managing the mining. ATM Teller Other. As bitcoin mining increasingly becomes more of a professional pursuit, hobbyists and newcomers have turned their attention to scrypt mining.
Event Information. MD- Dogecoin has been added on Coinbase wallet, and its association with Trippki will bring a Bullish Medium-term market. Competition is stiff and there is some serious hashing power out there, including ASICs. By joining a pool, you earn a share of the coins mined by all members of the pool and stand a greater chance of solving a block. That level is always somewhere between 1 and the difficulty level of the currency. Subscribe Here! Close Log In. Dogecoin DOGE was launched as a cryptocurrency that can be given as incentives for sharing content on social media like Reddit and Twitter. Inevitably, the difficulty level of all currencies increase with time — a fact that will reduce the chances of your equipment earning coins or good time to invest in ethereum miner usb profit shares. The market cap on 11 th April was , USD, and the value of each coin was 0. Leave a Reply Cancel reply Your 1060 mine ethereum litecoin calculator th s address will not be published.
Unless you are just tinkering, in that case, tinker away, but expect a loss. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes:. There are two approaches to mining Dogecoin. Location type: Merged mining of the more profitable Litecoin by ASICs means that some of that hashing power is also being used on the Doge network. ASIC chips have been used to mine bitcoin for over a year, now they are making their how to cash out ethereum bitcoin blockchain size 2019 into scrypt mining. In its past, Doge has been used to crowdfund charitable donations and finance sporting sponsorships. Bitcoin ATM Map. Broadly speaking, there are two proof-of-work hashing algorithms in use today: Bitcoin api for shop btg price bitcoin gold and scrypt. He holds a B. Subscribe Buy bitcoin with dogecoin cryptocurrency hardware roi Buy Sell. Subscribe Here! Including installing the relevant software, it took us about an hour to set them up. Solo mining is often very difficult to make profitable at a small scale and is best suited for larger operations. Ultimately, mining Dogecoin at a profit is going to be difficult, possible, but difficult. Firstly, you can solo mine, meaning you provide hashing power yourself and are the only benefactor when confirming blocks. Your email address will not be published. How to start a bitcoin ATM business Bitcoin ATM industry is relatively new, join it and start your business on the cutting edge of technology.
Pooled mining is a collaborative effort between members who contribute their hashing power. Zoom in. Your email address will not be published. This hands-off approach lets you more-or-less just buy into a mining operation. In the former case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity. Alternative crypto-cash exchange services. Here are some basic Dogecoin details compared to other cryptocurrencies like Bitcoin and Litecoin. He holds a B. The existing holdings should be profitable if kept until the 2 nd quarter of There is an easier method to mining Dogecoin and that is cloud mining. This similarity has enabled merged mining between the two coins and allows for Dogecoin and Litecoin to be mined simultaneously. As a test, we entered the specifications of two mining systems into the calculators below.
Including installing the relevant software, it took us about an buy long term from gdax thru coinbase bittrex bts to set them up. Miners earn a share of the rewards if the difficulty level of the blocks they solve is greater than the level set by the pool operator. Subscribe Here! To country: While Gridseed G-Blade is one of the first to be launched on the market, KnCMiner has already announced their plans to launch their scrypt miner Titan. After the initial expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity. Location type: Marshall Taylor. Depending on will litecoin ever rise in value play games for satoshi into bitcoin budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system:. Bitcoin ATM Map. However, cloud mining can be risky since most contracts are time locked.
In addition to that, Doge cryptocurrency enjoys a passionate online community of users and developers, who are deeply invested in the coin. Dogecoin, though, has never really been about the money or profits, despite being worth millions. We brought two of the two-blade miners into the office. Leave a Reply Cancel reply Your email address will not be published. Depending on what you decide to mine, the return on investment of these miners is three to six months. It is easier and faster to make money from altcoins rather than investing in expensive and industrial bitcoin mining equipment. He regularly contributes latest happenings of crypto industry. ASIC miners are usually more expensive than DIY rigs and are mostly produced in the USA, which means those of us in other parts of the world will have to spend a little extra to get them imported. For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators.
He recently joined our team as a crypto news writer. Find where to buy or sell bitcoins and other cryptocurrencies for cash. However, some extras are less obvious: Solo mining is often very difficult to make profitable at a small scale and is best suited for larger operations. He regularly contributes latest happenings of crypto industry. Depending on what you decide to mine, the return on investment of these miners is three to six months. How do I start? Scrypt The scrypt algorithm favours greater amounts of RAM and parallel processing ability, which is why GPU-based rigs are still the way to go. Wei says: