Bitcoin Forum

On my way to be a millionaire! 46mh/s is amazing!

I've had a problem with my Biostar b250gt3 board today but otherwise, it works fine, and mining at 46mh/s. I know it's not the 'best' setup but I think it's worth it for the $11/day it'll bring in hopefully.

https://youtu.be/QylyRTzR0Cg

Nice one mate

thats a good start. You can use the mining profits to buy into ICO or other altcoins. U need to research in more detailed what you want to invest in. Then each month the mining profits can be plowed back into an altcoin which u viewed as having a bright future.

in this way, if the altcoin you chose does well .. you will also be able to earn multiples from mining as well as from a trading market.

That really nice mate. How many cards you have added to your rig as of now. I see that recently Ethreum's difficulty has been increased double from one month of time. You can choose the Equihash or Cryptonight also as option.
I am not which pool you are using? If you are doing simple mining swap your work to Nicehash. You will get the higher reward than you are getting as of now with the cards you have.

If you have 10 cards rig, You will be able to take around 28 to 30 USD per day easily. This is including electricity consumption.

However congrats, Have my suggestion in future atleast.

Where are you mining eth ? $11 off of 46 MH/ sec seems really good.

Good luck dude I hope you become a millionaire as soon as possible, even though you need to update the rig to get a better one in time, as with all the E bills and everything you are going to have to

Looks nice, just don´t trust you future fortune to ethereum because it is supposed to fork soon and become a PoS coin, therefore the earnings will be very limited mining other alts.

Congrats on your 1st rig. Do you mind sharing your set up and costs?

Is it worth it though for $11 a day?
Less if you take off electricity costs

At that rate that is good investment,if it is going to be long term, but I question the rationale to be investing into Ethereum mining now, when the team is switching soon to POS, though you can migrate to mining other tokens

The harder it is to get the card, I check the current price the price has gone up more than 100%.

BTW, this thread should be discussed here

https://bitcointalk.org/index.php?board=14.0

Congrats bud... Good work on that rig ;)

First i want to congratulate you, because first steps are always hardest. 46mh/s is not so low, you need to start from somewhere right? So i guess you are on your way of getting rich :D . Just plan it smart and one day you will have even bigger rig for mining.
46 mh/s that is about two graphic cards right? How much you have and which tip, if its not a secret? Also i am interested in which pool and miner you are using at the moment? Maybe i would like to join too. I would have to think and calculate everything fist, and see if it would be profitable for me to do some mining on my PC.
Also why chose ETH?... not that its bad coin tho. Have you think of mining some other lower worth altcoin? Maybe it would be a bigger risk but also bigger gain?

11$ per day is good but how much do you pay for electricity?

i suggest you to invest all your earning in alts because they have more potential to grow.

Yes investing into altcoins as well as new ICO's with promising future will be a good investment as even i am planning for same i will get my rig with 4 cards up and running by next week and mining ethreum is the most profitable thing at this moment and investing those profits into altcoins will be the best thing anyone can ever do.

$11 a day leaves a hell of a lot for the coin to do itself in terms of rising in value.

I've always wanted ETH in my wallet for some reason! so just picked it.

I've got 3 1050ti's the actual miner pool lies a bit on "estimate" currently within 24 hours I'm at $8.67, which is still fine I think not too bad.

I do not understand what about the tip bit but I explain it all in the video on the settings I have used to get approx 15-15.5mh/s /card.

I am thinking if it's worth it to pick up another card from Amazon and plug it in just get to a touch bit more out of it while I have a good supply of cards. + I mean why not? It'll still be decent.

I'd need another riser though! But all good.

Should've picked them up on the same day the 4th one, purely because it's now gone up to £150/card! :(

I pay 15.94p/kw this box is running at 375w currently, so 1000 / 15.94p = $0.01594 * 375 = 5.97p/day in electric cost. (if I'm correct.) although more then likely not. If anyone give me some clarity would be good!

That is good rig you got there, 3 GPUs and 4th on the way, you will make some decent money from them. Also $8.67 a day is not bad at all, that is around $260 a month. Plus you will earn even more from fluctuation of price if you decide to hold some part of your earned coins. Not sure how much you pay for electricity, but i guess you have calculated that too. Either way you would not do mining if it was not profitable for you.
About that "tip" , that was mistake. Wanted to say "type" (like type of graphic card) and accidentally i wrote "tip" .

Wish you best of luck in the future.

How much a decent rig would cost to build from scratch?

Sweet dude, looks amazing!

Good luck and keep ups updated.