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Other => Beginners & Help => Topic started by: Millvek on December 10, 2012, 09:30:00 PM



Title: Should i mine or wait?
Post by: Millvek on December 10, 2012, 09:30:00 PM
I've just hopped on the wagon and complete utter nugget, I and have mid gaming level rig which I'm running just now and can compute approx 180-190 Mhash/s on a Radeon 6770 under Win7 x64.  I've yet to boot into backtrack for a tryout.

should i give up and wait for now until ASICs release and stop wasting energy!







Title: Re: Should i mine or wait?
Post by: Killer19 on December 10, 2012, 09:31:15 PM
Just mine ltc and convert into btc, a lot more profitable for your current rig.


Title: Re: Should i mine or wait?
Post by: Chief Satangkai on December 10, 2012, 09:44:04 PM
Keep mining with your card until ASICS hit and difficulty skyrockets...  :)


Title: Re: Should i mine or wait?
Post by: Millvek on December 10, 2012, 10:16:41 PM
#@8&er, I just spent 10 mins writing a reply and my connection with the forum timed out, had to login again and got an sql error. and lost it.

I'm away for a cuppa tea! to cool down!

Thanks for the reply's so far  ;)


Title: Re: Should i mine or wait?
Post by: mitty on December 11, 2012, 01:00:36 AM
You can mine about 0.03 BTC/day at 190 Mh/s (according to 50btc's pps calculator)
Radeon 6770 uses about 100 watts
Assuming the rig uses 150 watts total and an electric cost of $0.10/kwh, you'd use about $10.80/month in electricity
0.03 BTC/day * 30 days per month = 0.9 BTC/month
At current exchange rate, 0.9 BTC = $12.08
Estimated monthly profit = $1.28

I guess you basically get some free heat if you decide to mine, haha


Title: Re: Should i mine or wait?
Post by: hplus on December 11, 2012, 02:19:54 AM
You can mine about 0.03 BTC/day at 190 Mh/s (according to 50btc's pps calculator)
Radeon 6770 uses about 100 watts
Assuming the rig uses 150 watts total and an electric cost of $0.10/kwh, you'd use about $10.80/month in electricity
0.03 BTC/day * 30 days per month = 0.9 BTC/month
At current exchange rate, 0.9 BTC = $12.08
Estimated monthly profit = $1.28

I guess you basically get some free heat if you decide to mine, haha


lmao "free heat", well i guess since winter's coming it's not that bad.. xD


Title: Re: Should i mine or wait?
Post by: Millvek on December 11, 2012, 11:20:49 AM
Since i'll be working in GBP thats pennies and our energy rates are through the roof.
its just not viable if thats you projection, it is as useless as an underwater hairdryer.

Just let the big boys play, i think most of us are just small fish in big pond.