|
Title: 102.5 MHash/s - mining worthwhile? Post by: bitcoinsarefun on February 02, 2012, 10:42:10 PM I guess solo mining is out of the question but I'm curious if its still worthwhile to mine in a pool?
Title: Re: 102.5 MHash/s - mining worthwhile? Post by: DeathAndTaxes on February 02, 2012, 10:48:29 PM http://www.alloscomp.com/bitcoin/calculator.php
Title: Re: 102.5 MHash/s - mining worthwhile? Post by: Kluge on February 02, 2012, 10:49:07 PM Depends on the power draw and how much you pay for electricity. If it's a Nvidia card, I can answer pretty quickly: no.
Title: Re: 102.5 MHash/s - mining worthwhile? Post by: outsidefactor on February 02, 2012, 11:06:17 PM Depends on the power draw and how much you pay for electricity. If it's a Nvidia card, I can answer pretty quickly: no. Going to be a very low payout, right now. Truth is, while the value of BitCoin is so low if you're paying for power it's very hard to make a good income. Two things I can recommend: 1) I built a small solar farm to power my two miners (the solar panels cost more than the miners themselves, but here is Australia electricity is actually a bigger cost than the actual hardware). That brings the break even point back by about 6 months 2) Look into time based metering of power. Some electricity providers will install a smart meter which then records how much power is used when and gives you a much cheaper rate between say midnight and 6 am, sometimes a tenth the rate. Mine then! My instinct, though, is that 100 Mhash is going to earn about 1 bitcoin every, what, 4-6 days? The return is almost negligable unless there is something specific you want to buy with BTC, at which point mining is cheaper than buying BTC every day of the week. Hope that helps! Title: Re: 102.5 MHash/s - mining worthwhile? Post by: Kluge on February 02, 2012, 11:12:46 PM Depends on the power draw and how much you pay for electricity. If it's a Nvidia card, I can answer pretty quickly: no. So I'd need to figure out the KWH of my computer and how much I pay per kw? Title: Re: 102.5 MHash/s - mining worthwhile? Post by: ram1 on February 03, 2012, 03:35:39 PM When it is cold outside, a portion of the electric cost can be written off as supplement heating.
Title: Re: 102.5 MHash/s - mining worthwhile? Post by: billington.mark on February 03, 2012, 05:10:59 PM id try and find a cheap ATI card on ebay, find the best settings from various threads on the forum and start properly.
Title: Re: 102.5 MHash/s - mining worthwhile? Post by: Kluge on February 03, 2012, 05:28:43 PM When it is cold outside, a portion of the electric cost can be written off as supplement heating. Very true. 1k sq. feet OVER-heated by 7 5850s running undervolted. It's below freezing outside and I actually open the windows every few hours. :DTitle: Re: 102.5 MHash/s - mining worthwhile? Post by: pskonejott on February 03, 2012, 10:06:36 PM Also depends where you believe the bitcoin conversion rate is going to go :P
Title: Re: 102.5 MHash/s - mining worthwhile? Post by: Highway 596 on February 04, 2012, 04:44:42 PM Or if you're a graphic designer with a nice new mac pro at work which you "accidentally" leave running with Diablo Miner in the background overnight and on the weekends. Only a few Bit cents a day but I'm not paying for shit, so... pure profit lolz...
Title: Re: 102.5 MHash/s - mining worthwhile? Post by: punin on February 05, 2012, 10:49:15 AM I guess solo mining is out of the question but I'm curious if its still worthwhile to mine in a pool? Not really, unless electricity is free for you. |