BTC [SHA-256] Mining /Help Needed/

in #bitcoin7 years ago

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I recently started bitcoin mining after being convinced by a friend to try it out; I traded a CS:GO skin for some BTC (.004005) and start started thinking of what I could do. I knew from the beginning that I didn't trust myself to trade and thought about holding; ultimately though after watching a video from BoxMining I decided I would give cloud mining a shot. Instinctively I went to genesis mining as it seemed to be the most soon I found out about the cheapest contracts being 30.00 USD which I was unable to purchase; I then started scouring the internet for $10 contracts while doing my best not to get scammed. This led me to HashFlare.io;

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After a couple of quick google searches such as "is hashflare a scam?" and "is hashflare legit" I decided, screw it, and bought 80 Gh/s for $10. There are still alot of things that I am not sure about though, such as which mining pool(s) should I use. The default 3 pools: ViaBTC, BW.com, and Slush are split 34%, 33%, and 33%; however BTC China and F2 Pool are also available so I am not sure what percentage to use and what pool(s) to use.

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Finally I am unsure about whether I should reinvest or not; whether I should move to genisis or not; or what I should do in the future/mine in the future in general PLEASE, leave any answers/suggestions

-ty