Bitcoin Forum

A friend of mine just got a Gigabyte Radeon HD 7970 GHz Edition, and the speculated KH/s rate is supposed to be around 730 kh/s non-OC'ed, is it worth it to mine any coin with it? It's running through the main PC, He does gaming and school work on it.
Thank you

no... especially as you refer to scrypt algo

BTC crash, alt-coin price crash. Nothing worth mining atm. Best advice is to sell the GPU.

Don't bother.

If the video card is paid for and you have FREE ELECTRICITY then go mine X11

Just download latest sgminer (https://www.nicehash.com/index.jsp?p=software#sgminer) and configure multi-algo mining on NiceHash (with energy efficient algos X11, X13, X15, NeoScrypt, Lyra2RE) ... https://www.nicehash.com/index.jsp?p=multialgo ... it your hw is paid you'll be able to earn a few bits out of mining while you sleep ;)

If you already have the cards, and your electricity price is below $0.05/kWH, then it is break even to mine X11 coin. If you have only one card, it is not profitable if you take your system power consumption into account. I think you need more than 6 cards.

too late mane, 7950 class were good in 2013, not anymore now

u can still mine gpu only coins and use built-in VGA for ur monitor

You guys f'n kidding me?! Mine SpreadCoin solo.
re: https://bitcointalk.org/index.php?topic=916787.0

My shitty little 7950 is paying for it's electric bill and then some right now. That hasn't happened since early last year.

JL

yo should try cointellect, it is an scrypt pool. I have 1 machine with a 7970 underclocked and it makes around 1.2 EUR/day (they calculate your earnings in euros) you can withdraw via paypal , BTC and Doges.

their web is www.cointellect.com (http://www.cointellect.com)

they ask for a an invitation code , you could use mine if you like d6fe6501

Uh - I'd steer clear of any pseudo-cloud hash service.  And they are where?  Estonia?  And they want to install software on your computer?  Really?  Eeek.

I used to say that but they are paying. I have made more than 100 EUR out of it, and I haven't installed any software, just plain old cgminer. But yeah it looks shady as balls... But it is paying  ;) so as long as I keep on getting paid I will mine there.

How much are they paying per Mh/s?  And how often do they pay you?

They pay daily, they payout scheme is very "unique" for labeling it in some way. from 300Kh to 9 MH you get  of 1.2-1.3 EUR after 10MHs you get 2. something EUR. I tried renting rigs but I guess they have those sites IP banned because I got squat, so it is very profitable for people with single cards or with old scrypt miners. Now I have the 7970 in my house and a gridseed orb running in my office (different accounts) and they pay me that much.

Oh - are you mining something besides Scrypt?

ATM just that. I mined Monero recently. It was good but I have sold my last cards this December. I just kept this 7970.

GPU mining is only profitable with private kernels which are bought from select forum members in the background for a couple BTC due to them already having been distributed to big miners.

With current market downtrend and dominance of Asics , I don't think GPU mining is profitable .

Mine some newer currencies that seem to have some new algo's/features.

Don't try to recover your electricity by dumping them instantly. If you're only using one card then your electricity cost will be minimal anyway.

Just look at it as you're doing some speculative mining.

Mine a different coin every few days or so and keep checking on the price and interest in the coin or coins.

You might get lucky and be able to sell the coins you mined on a pump or when a new, reputable, exchange lists the coin.

When you aren't using your PC just let it mine a new coin. When you want to game or do some work just stop mining.

If you can't afford the extra ~$2.00 USD a month it will cost you to mine with one card then you probably shouldn't be trying to trade crypto currency in the first place ;)