Bitcoin Forum

I was thinking of starting to mine LiteCoins with my current pc. And i was thinking if my rig would handle it?

This is my parts:

Cpu: Amd Athlon II 255 3.1GHz (OC to 3.7GHz) (47C at full load)
Ram: 4GB DDR3
Gpu: MSI R9 270 Gaming 2GB 955MHz (OC to 1050MHz) (65-75C at full load)
PSU: 450W (dont know the brand)
OS: Windows 8.1 64bit

I know that my cpu is garbage but i dont have enough money to upgrade it.

Will this rig be good for LiteCoin mining? And if so, How much LiteCoins could i expect out of 6-8 hours of daily mining?

No one card is a drop in the bucket on scrypt.

Do some ROI but you will gain very little coins.

How to you mean with scrypt?

And what is ROI? Im just a beginner :/

Again im a beginner so i dont understand ROI or scrypt yet. I was just asking a simple question.

Will my rig be good for a first time mining?

apparently you don't understand basic mathematics  ;D
Let me summarize it for you: He meant no.

no it wont.

but it may provide for some fun experimentation and gaining experience.
also, there are plenty of people still mining from home... search the threads here for their setups.

and more importantly, continue to ask questions.

Mining scrypt with GPU is dead, if you want to mine better mine Monero but still not profitable.

try mining other things than scrypt, your chance actually is to do many new coin launch and hope for instamine and "support of the coin" (so to speak...) from pump&dump group... (meaning try to mine on launch any ICO/IPO/ITO/whatever scam coin... don't worry there are plenty new one every day... but remember to never buy them, no matter what people say on the thread...  ;D)

The simple answer is No, your system is not adequate.
You and your system are sitting a few centuries back than us.
So, I will advice you to not link your system with LiteCoins or any other coins i fyou are looking for money.
If you are not looking for money and is ready to spend money as electricity charges from your pocket, go ahead and your system is ok for mining - An Expensive Hobby.

Dont get fooled. You dont need to mine Litecoin aka Scryptcoins. Just go for NeoScrypt or X11 ones. 3 Cards would be better but 1 is also ok. - Take a look at Feathercoin, switched recently to NeoScrypt which is GPU friendly.

If you got any questions, head over to the forum: forum.feathercoin.com

Regards,
ChekaZ

The good thing is that you don't need CPU for mining unless you are doing CPU mining (which is not profitable at all). You can mine with your GPU and look for the most profitable coin here http://www.whatmine.com/. You also can input your electricity charges and so on to see if it is profitable for you to mine.

No coin is profitable with GPU after deducting expenses.

scrypt mining with GPU is not profitable bcoz there are scrypt ASICs in the market that give you more MHs then GPU at lower price

Just sell the entire computer during christmas to a gamer.
You will probably make $0.20 a day mining with that even with free electricity.

Your rig can handle it.  The 270 is actually one of the most efficient GPU scrypt miners out there.  Uses ~100w to put out 400khs or so.  

Now, with that ~400khs and using this calculator (https://www.litecoinpool.org/calc?hashrate=.4&difficulty=41501.84815484&power=&energycost=0.10&currency=USD) with .4mhs being your hashrate..

24 hours   0.01046988 LTC   0.04 USD
7 days   0.07328918 LTC   0.27 USD
30 days   0.31409648 LTC   1.14 USD

In other words, ~8 hours would net you 1/3 of that .01 ltc/24h, so about .00333 repeating LTC per day.

Best is to mine x11 algo from wolf0's kernal. But if you don't have that then it is probably better to sell your whole rig and buy ASIC.

Hint: S5 is coming..

I see that some have told me to sell my rig... I just want to say that this is my gaming pc that i do everything on (i will upgrade everything on it except for the gpu in april) and i was just wondering if it would be good for mining as a first time. Thanks for all the replies :)