Bitcoin Forum

Bitcoin => Mining => Topic started by: Sonata on May 01, 2011, 02:33:18 PM



Title: Starting Now?
Post by: Sonata on May 01, 2011, 02:33:18 PM
I've just started mining, and almost instantaneously, I bought ~$350 worth of hardware for 600Mhash/s.  Did I hop on too late?  Will my purchase pay out?  Are my fears irrational?  I fear that I hopped on board as soon as everything was getting more difficult.  I just need some advice!


Title: Re: Starting Now?
Post by: tomcollins on May 01, 2011, 04:44:52 PM
I've just started mining, and almost instantaneously, I bought ~$350 worth of hardware for 600Mhash/s.  Did I hop on too late?  Will my purchase pay out?  Are my fears irrational?  I fear that I hopped on board as soon as everything was getting more difficult.  I just need some advice!
$350 for 600MHash + electricity costs will make you a very solid profit at least for the short term and certainly enough to recoup your investment.  Unless Bitcoin crashes or something.


Title: Re: Starting Now?
Post by: Annon on May 01, 2011, 05:22:21 PM
What hardware did you get?


Title: Re: Starting Now?
Post by: Sonata on May 01, 2011, 05:33:02 PM
Was going to push with multiple 5770s, but then figured out that wasn't such a cost-effective idea.  So now I have a 5770 @ 200Mhash/s and a 5850 on it's way with UPS and an expected ~250-300Mhash/s.  Also a PSU.  I don't know if I should replace the 5770 with another 5850 though.


Title: Re: Starting Now?
Post by: colossus on May 01, 2011, 05:44:54 PM
Not to late in fact you will be surprised how many people say you missed the boat! but far from it based on current exchange rate, perhaps you should just play with overclocking and try different miners on the 5770 see how far you can stress it.