I know there's separate thread on bitcoin market valuation but couldn't find any details on mining techniques.
I've got an old server from a previous business venture sitting around gathering dust. It has two dual core 3.0 Ghz processrors and 16G of RAM memory. Figured I'd put it to work mining coins.
From my research, it seems that CPU mining is the slowest & least profitable. GPU, FPGA and ASIC machines are much better. Now I'm thinking this idea might be a waste of time/money. Some articles do recommend joining mining pools but they sound risky.
Has anyone here tried it? Maybe become rich or at least make some decent money from it? What's your setup?
I've got an old server from a previous business venture sitting around gathering dust. It has two dual core 3.0 Ghz processrors and 16G of RAM memory. Figured I'd put it to work mining coins.
From my research, it seems that CPU mining is the slowest & least profitable. GPU, FPGA and ASIC machines are much better. Now I'm thinking this idea might be a waste of time/money. Some articles do recommend joining mining pools but they sound risky.
Has anyone here tried it? Maybe become rich or at least make some decent money from it? What's your setup?