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Other => Beginners & Help => Topic started by: Tiddly Tanker on March 30, 2013, 01:17:37 AM



Title: I just bought a machine
Post by: Tiddly Tanker on March 30, 2013, 01:17:37 AM
Two weeks ago I didn't pay any attention to these cryptocurrencies. I only knew of them. Now I find myself buying a machine just for mining. It all started when I stumbled upon the "pictures of your mining rig" thread. I love computers and hardware and naturally the pictures in that thread inspired me. I would be happy to just break even. (That would need be around $200 profit, because the used parts are worth a lot too) For now I am just going to start with one 7950 and mine a mix of litecoins and bitcoins, but mostly litecoins. The last of my parts should arrive next week. I am excited. Anything important I need to know?




Title: Re: I just bought a machine
Post by: jcrawfordor on March 30, 2013, 01:57:37 AM
I'm also thinking about building a mining rig. What manufacturer's 7950 did you end up buying? I'm looking in to picking up some AMD cards to put in a spare machine for this purpose.


Title: Re: I just bought a machine
Post by: Tiddly Tanker on March 30, 2013, 03:23:55 AM
XFX. Got it cheap off newegg, thats why


Title: Re: I just bought a machine
Post by: dphillippi on April 16, 2013, 07:33:31 PM
just purchased 4 x sapphire 7950 for $289 each on newegg


Title: Re: I just bought a machine
Post by: dragonlord333 on April 16, 2013, 08:07:44 PM
I've got a 7950 myself, love it! :)


Title: Re: I just bought a machine
Post by: begining_summer on April 16, 2013, 08:13:16 PM
Do you plan make solo or connect to pool?


Title: Re: I just bought a machine
Post by: spanner76 on April 16, 2013, 08:38:28 PM
Is it still possible to make any money from mining now ASICs are out? Including cost of power etc.


Title: Re: I just bought a machine
Post by: frejo on April 16, 2013, 08:41:41 PM
Yeah, as long as the coin stays above 20-30ish USD depending on you power cost its profitable, no more bf3 my 7970 is producing coins ;)
And if you believe it will hit 200 again you can keep mining no matter what.


Title: Re: I just bought a machine
Post by: UnseenUnheard on April 16, 2013, 09:11:30 PM
Nice! Best of luck! ... Hope the value rises :P


Title: Re: I just bought a machine
Post by: steveioio on April 16, 2013, 09:16:40 PM
You would be wanting to keep your rig on 24hrs a day to quicken reward time. Once the ASCI rigs come out from BFL the difficulty rise opn BTC mining will send a lot of people over to LTC so now is the best time to mine LTC so do it 24hrs.


Title: Re: I just bought a machine
Post by: middlemarkal on April 16, 2013, 10:00:38 PM
do BTC in a pool and with LTC you have the choice solo or with a pool.

Gigabyte 3 fans  ;D


Title: Re: I just bought a machine
Post by: Warwick on April 16, 2013, 10:06:05 PM
If BFL ever gets their production going smoothly then you will never see ROI (IMO, based on what I have read) - and the fact that ASICMINER will start producing units as well....but hey dont do it for the profit.


Title: Re: I just bought a machine
Post by: SgtSpike on April 16, 2013, 10:07:36 PM
If BFL ever gets their production going smoothly then you will never see ROI (IMO, based on what I have read) - and the fact that ASICMINER will start producing units as well....but hey dont do it for the profit.
Litecoins *could* still provide an ROI, it just depends on how many people switch over to it (and switch over successfully... I tried 4 litecoin miners and they all crashed for me!)