Bitcoin Forum

Other => Beginners & Help => Topic started by: Sioux on June 02, 2013, 07:30:37 PM



Title: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Sioux on June 02, 2013, 07:30:37 PM
Title

How much does the hardware cost to produce 1 ~BTC a day?

Forget about the electricity bills


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: trilightzone.org on June 02, 2013, 07:33:26 PM
I'd guess at least a good stack of ASICs. Believe BFL seems to sell a huge rig which might help.


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Sioux on June 02, 2013, 07:36:09 PM
I'd guess at least a good stack of ASICs. Believe BFL seems to sell a huge rig which might help.


Pre Produced products always seem to be much more expenisve then
when arranging the stuff by yourself.

Does that also aplly here?

Would constructing your own rig be cheaper then buying a pre constructed
from butterflylabs?


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Preschoolv2 on June 02, 2013, 07:37:59 PM
NO because lets say you get enough GPU;s to make 1 coin a day..once asics come flooding out you wont be making anything and will be forced to mine other coins..

Invest in the future and you should be fine.


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Lethos on June 02, 2013, 07:42:28 PM
Title

How much does the hardware cost to produce 1 ~BTC a day?

Forget about the electricity bills

At current difficulty, you'd need some thing that is capable of 25-30Gh/s.

I wouldn't trust BFL to delivery any time soon based on their track record, so I'd look into an Avalon or ASICMiner machine.

Avalon are selling just the chips, (as they are not actively doing a batch of Rigs at the moment) so if you are an engineer or want to work with another person who is (some of this site), to build a board for them, it is one of the most cost effective options at the moment.

ASICMiner provide a lot of options, they sell shares, usb sized units, ones designed to fit in racks and proven to be a very fast deliver of product.

So to answer if you could make it yourself, you could kind of, but not with normal computer parts. I'd put my money on Avalon or ASICMiner.
The waiting list for BFL Rigs is nearly a 1 year (a lot of annoyed people on that list).


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Jowbob on June 02, 2013, 07:56:16 PM

I wouldn't trust BFL to delivery any time soon based on their track record, so I'd look into an Avalon or ASICMiner machine.


They deliver in 2 weeks  ::)


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Sioux on June 02, 2013, 08:00:59 PM

I wouldn't trust BFL to delivery any time soon based on their track record, so I'd look into an Avalon or ASICMiner machine.


They deliver in 2 weeks  ::)

So when the market is now flooded with all these high performance
mining machines

How long does it take till the coin market drops in the toilet?

25 Gh to get 1 coin a day...today! -

Costs 1200 dollars for the 25 Gh butterfly machine so its payed of in 12 days? (without electricity)

but how many gh in 6 months for a coin a day?


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Lethos on June 02, 2013, 08:04:20 PM

I wouldn't trust BFL to delivery any time soon based on their track record, so I'd look into an Avalon or ASICMiner machine.


They deliver in 2 weeks  ::)

Tell that to the people who have still not got anything after 11 months, I'm sure they'll laugh at you.


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Lethos on June 02, 2013, 08:08:46 PM

I wouldn't trust BFL to delivery any time soon based on their track record, so I'd look into an Avalon or ASICMiner machine.


They deliver in 2 weeks  ::)

So when the market is now flooded with all these high performance
mining machines

How long does it take till the coin market drops in the toilet?

25 Gh to get 1 coin a day...today! -

Costs 1200 dollars for the 25 Gh butterfly machine so its payed of in 12 days? (without electricity)

but how many gh in 6 months for a coin a day?

As difficulty rises, which it will quickly over the next 6 months.

http://www.alloscomp.com/bitcoin/calculator
(Simple Calculator to give you profitability)

Put in 30000 - > hit calculate
Do the same after making difficulty 5x larger.
That is were it could be in 6-12 months.


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: frunzygsm on June 02, 2013, 08:27:55 PM
50x7970 video cards...:))) with Psu,  Mobo, .........!


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Litecoiner on June 02, 2013, 08:43:15 PM
a BFL Jalapeņo would suffice, good thing they ship in two weeks


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: MagicBit15 on June 02, 2013, 09:27:19 PM
About 5 k for 1/2 a day. I would probably start there, if your going for more than that just save to get an avalon or custom ASIC rig. IMO


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: tremmert on June 02, 2013, 09:35:44 PM
Check with Butterfly Labs.  Problem is, when you actually receive your rig, difficulty will be so high that you wont stand a chance.  If you want to compete, buy someones preorder on the butterfly labs support forum.  Otherwise stick with GPU's.


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Lethos on June 02, 2013, 10:41:14 PM
What is up with all these BFL sock puppets.


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Eli0t on June 02, 2013, 11:47:36 PM
triplemining (pool) has been 7 days without finding 1 BTC and thats with 200-300 GH so nothing is certain


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: adara on June 10, 2013, 04:05:43 PM
triplemining (pool) has been 7 days without finding 1 BTC and thats with 200-300 GH so nothing is certain

triplemining pool is a nontrusted pool. The operator seems to be keeping a lot of blocks for himself. Just check the pool stats thread.
You will be better off mining for actually any other pool!


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: SirMintALot on June 10, 2013, 06:37:50 PM
Try load balancing your mining. I'm currently mining at EMC and Bitparking with load balancing with my main rig. This only gives you halve the income per pool, but the chance of catching short blocks doubles. As both pools use DGM even very short blocks pay for you. EMC had a block today that only took 22 sec to be solved. I wasn't able to contibute a single share to this block but got paid because of DGM. I have choosen those two pools because they are both DGM. EMC is a bigger pool with quite a good hashrate, so it solves big blocks in shorter time than smaller pools. Bitparking is nice because it offers merged mining of NMC, DVC and IXC but has a lower hashrate. This way I get more solved blocks paid out than with only 1 pool. Of course it happens that both have to chew on a big block, but the chance is lower than with only one pool. I haven't looked much at other pools, so probably there is an even better combination. If you have lots of hasrate and a quick connection, then you can use even more pools for load balancing.


Title: Re: What Hardware is needed to Mine 1 BTC a Day ?
Post by: Svennisen on June 10, 2013, 06:40:57 PM
About 30GH/s But if you buy a 30GH/s asic it will take a long while before you get it.