Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: shotsoffxx on February 20, 2014, 06:08:59 PM



Title: Building this rig - Is it worth it ?
Post by: shotsoffxx on February 20, 2014, 06:08:59 PM
I'm building a high performance PC to mine while I'm away at work. I don't need anything crazy, If I could bring in even just $20 - 30 dollars a week I'd be satisfied. So like 4 or 5 bucks a day. My question is, with the difficulties what they are is this still a possible thing? I mean, if I mined using a really nice GPU would that be enough to make that amount of money? And of course I would have a decent cpu as well, but that's not as important. I'm not worried about electricity either.

Am I wasting my money building this? Is an ASIC rig basically my only solution?
Any suggestions for someone starting out? I've got a starting budget of about $200 - 300 dollars. I can increase that budget by making money once things get going.

Thanks


Title: Re: Building this rig - Is it worth it ?
Post by: ChuckBuck on February 20, 2014, 06:20:41 PM
Use the BitcoinWisdom calculator for both Litecoin and Bitcoin to determine if it's worth it:

http://bitcoinwisdom.com/bitcoin/calculator (http://bitcoinwisdom.com/bitcoin/calculator)

Also these are good calculators:

mining.thegenesisblock.com (http://mining.thegenesisblock.com)

http://dustcoin.com/mining (http://dustcoin.com/mining)

http://www.coinwarz.com/cryptocurrency (http://www.coinwarz.com/cryptocurrency)


Title: Re: Building this rig - Is it worth it ?
Post by: dg2010 on February 24, 2014, 02:44:45 PM
Quote
High performance PC? I've got a starting budget of about $200 - 300 dollars.?

The answer to all of your questions is no.


Title: Re: Building this rig - Is it worth it ?
Post by: coinnewbit on February 24, 2014, 02:46:55 PM
Quote
High performance PC? I've got a starting budget of about $200 - 300 dollars.?

The answer to all of your questions is no.
Yeah try mining for other altcoins instead. May I suggest Premine? Its a rare coin (500k)


Title: Re: Building this rig - Is it worth it ?
Post by: beegatewood on February 24, 2014, 04:27:04 PM
Quote
High performance PC? I've got a starting budget of about $200 - 300 dollars.?

The answer to all of your questions is no.

yes, this is the real answer..


Title: Re: Building this rig - Is it worth it ?
Post by: InCoinsITrust on February 25, 2014, 06:41:16 AM
Buy BTC, sell when it cost two times more, pure win, thank me later


Title: Re: Building this rig - Is it worth it ?
Post by: HellDiverUK on February 25, 2014, 08:47:37 AM
You're in cloud kookoo land if you thing $300 is a high performance PC.  Add a zero to the end of that and you're getting there.

Though, all that said, if you could spend $500 you could get a decent enough machine - $200 for a low-end PC that has two PCI-E slots.  Add a pair of nVidia 750Ti cards which give you about 500kH with less than 120W power use.  Mine altcoins, with that and you'll get about 0.005BTC a day from somewhere like Wafflepool or Scryptguild.


Title: Re: Building this rig - Is it worth it ?
Post by: fatnlovelyfred on February 25, 2014, 01:43:36 PM
Quote
High performance PC? I've got a starting budget of about $200 - 300 dollars.?

The answer to all of your questions is no.

yes, this is the real answer..

I fully support this view. That's true


Title: Re: Building this rig - Is it worth it ?
Post by: beegatewood on February 25, 2014, 02:36:32 PM
yeah buy btc instead..


Title: Re: Building this rig - Is it worth it ?
Post by: ChuckBuck on February 25, 2014, 03:05:38 PM
With $200 or $300 that's over half a Bitcoin at today's rates.  More than any PC or rig priced at that range would ever mine.

Just buy half a BTC instead and hold.