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Title: Sort of new here, need some help. Post by: ballinchestr on January 29, 2014, 03:23:09 AM Just was introduced to Bitcoin last week by a buddy of mine at school. I understand it pretty well, and it seems like something I'd like to get into. I just have a couple questions. So I run a gaming PC with an NVidia card. I quickly found out that it's not adequate because AMD cards work better. I have some specs laid out for a mining rig, with a Radeon R7 260X. I would rather do the second option. I was looking into the Bitmain AntMiner. It's 60 bucks and is goes through USB. It says 1.6 GH/s. I don't pay for my electricity by the way.
How many hashes would that Radeon churn out? Can I run the antminer on my raspberry pi to save a buttload of energy? How fast is 1.6 GH/s? About how many USD per day would this get me? EDIT: OR would I be better off getting several ASICminer block eruptors for 20 each and running those? Title: Re: Sort of new here, need some help. Post by: Bono on January 29, 2014, 03:25:56 AM Mommy isn't going to be thrilled with the new electric bill.
Title: Re: Sort of new here, need some help. Post by: mediaspree on January 29, 2014, 03:29:46 AM Here is a nice calculator where you can plug your #'s in
http://tpbitcalc.appspot.com/ TLDR; just buy some bitcoin on an exchange instead. Title: Re: Sort of new here, need some help. Post by: Sonny on January 29, 2014, 04:31:43 AM Mommy isn't going to be thrilled with the new electric bill. lol :D just buy some bitcoin on an exchange instead. +1 If your mining profitability comes from the expected uprising bitcoin price in the future, then you should just buy btc directly. Title: Re: Sort of new here, need some help. Post by: anti-scam on January 29, 2014, 04:35:22 AM To be clear, with any standard hardware your parents will probably end up paying more in electricity than you'll make in mining. Even specialized hardware becomes rapidly outdated. The most profitable way to make Bitcoins is to mine altcoins and then trade them for Bitcoins.
Title: Re: Sort of new here, need some help. Post by: empoweoqwj on January 29, 2014, 04:42:40 AM Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly ;)
Title: Re: Sort of new here, need some help. Post by: keithers on January 29, 2014, 05:31:58 AM Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly ;) Just run extension cord from your neighbor's house. Jk Title: Re: Sort of new here, need some help. Post by: Sonny on January 29, 2014, 08:49:30 AM Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly ;) Just run extension cord from your neighbor's house. Jk lol. Still, you better prepare the "wasn't me" face :P Title: Re: Sort of new here, need some help. Post by: empoweoqwj on January 29, 2014, 08:54:27 AM Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly ;) Just run extension cord from your neighbor's house. Jk lol. Remind me not to move next door to ya. Title: Re: Sort of new here, need some help. Post by: phazon307 on January 29, 2014, 08:58:51 AM Well your talking about Graphics card then going to Antminer that's two different types of machines Graphics Card Scrypt as of current Asic Sha256
The antminer would take you a very long time to see any ROI on any of the altcoins out there. With 60 I would buy BTC directly or save up for the big guns like the 160G/H for 1600 but that will seen be outdated and I will use it to mine alt coins and trade them for BTC. After I buy a script miner of course :). Title: Re: Sort of new here, need some help. Post by: vpasic on January 29, 2014, 09:02:40 AM Just was introduced to Bitcoin last week by a buddy of mine at school. I understand it pretty well, and it seems like something I'd like to get into. I just have a couple questions. So I run a gaming PC with an NVidia card. I quickly found out that it's not adequate because AMD cards work better. I have some specs laid out for a mining rig, with a Radeon R7 260X. I would rather do the second option. I was looking into the Bitmain AntMiner. It's 60 bucks and is goes through USB. It says 1.6 GH/s. I don't pay for my electricity by the way. How many hashes would that Radeon churn out? Can I run the antminer on my raspberry pi to save a buttload of energy? How fast is 1.6 GH/s? About how many USD per day would this get me? EDIT: OR would I be better off getting several ASICminer block eruptors for 20 each and running those? r7 260x can give you around 250kh. it can earn you 0.1ltc/day or about $2 you can run antminer on raspberry pi. 1.6gh is worthless! usd per day with 1.6gh??? around $0.30/day and less and less and less with every difficulty jump (13 days)! each block erupter can earn you around $0.06/day so no point either. forget about it IMHO. |