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Don't know what it will do but it should be around $50 based on electrical costs and difficulty. I'll wait until next month.
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I saw the run to $32, then started mining on the tail down to $2. I bought a few more rigs around $2 and kept mining and sold way too much at $5. Lost a lot due to greed with Pirate@40 and conman Hashking. But I held the rest and haven't traded them since (except for buying 2 Avalons and a BFL unicorn).
I could have sold at $250 but I think it's better for my health to not stress. No point having wealth if you're dead or dying.
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$38 is the new $2  |
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Have you seen the prices today? May be a good time to just spend the $700 just buying the coin outright if you believe in them.
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I'm wishing I bought more  |
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That is Plenty! I run 4x 7950's on a 850w SeaSonic.
Yeah but that's probably for BTC mining. If you go full throttle LTC mining and use the CPU too you'll probably pull more than 850W with 4 7950s. I have 2 undervolted MSIs running off a low end Antec 400, but if I tried LTC mining I would be well above 500W just for those 2 cards. |
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Why not Asus Ares   A big bomb .. althought very expensive That would be about as smart as buying a 5450 and trying to hash with it. Both are out-layers in the hash/price ratio - neither would be a good for returns. Of course it might turn on the ladies |
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So BTCGuild is down and BTC is tanking. It's all a coincidence!  |
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Same here. My stratum.btcguild.com connections are all mining, but not a single one is showing shares on the dashboard. Hopefully the work is being logged  |
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Of all the cards I own the 2 most impressive models are my MSI 7950s (1st revision with the 6/8 connectors - no longer made) because they were voltage unlocked and also my Diamond reference 7970s. This surprised me as I had never bought a Diamond card before and considered them crap. Of all the 7970s I've used these stay the coolest and are the most stable using low voltages and overclocks. Beating even Sapphire and Gigabytes (the new Gigabyte 7950 and 7970s suck BTW - haven't found 1 of them that can go past 1150 on 1.25v - they must have bought the cheap garbage binned chips).
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After yesterday i would think everyone is "thinking" about the value of btc! Both sellers and buyers in the btc community!
Dude, Nothing scary happened yesterday. Just market rules. Insane price increase which happen lately was regulated by the market. What worries me personally is panic not drop in price:) Going from $20 to $266 in 2 months is not sustainable. That draws in Wall-Street sharks and speculators who just want to do a quick FIAT profit. It's not possible to have no corrections in the prices goes x10 each 60 days, too many newborn millionaires willing to cash out their profits. We need a very nice correction to double digits and then a reasonable and sustainable growth trends. +1 Exactly, the whole point of BTC is to use it as a currency. Who wants to spend BTC when the value of it doubles in one week. I'm sure most BTC merchants saw a decline in sales with this run-up. It may help the investor/speculator. It sucks for merchants as far as sales is concerned. The BTC economy wont grow with people hoarding it. |
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As long as it has over 60A on the 12v rail it should be OK. If it's a name brand like Antec, Seasonic, Corsair, OCZ, XFX, Coolermaster you should have no problem.
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I just went Balls Deep and ordered the MiniRig. My only fear is that BFL is actually going to somehow fold and declare bankruptcy before I get my rig. But yea in the mining game, its either go big or go home seems to me.
Thought minirig went OOS? |
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I'm guessing, the meaning of the question is more accurate when the value of your bitcoin holdings (1, 20, 100, or 1000) is equivalent to today's USD 1 Million, in value.
What I think that means is when your 100 or 1000 bitcoins in a few years can buy what 1,000,000 US dollars today, will you cash out? And by cashing out, that means buying something else other than bitcoins that is worth $1M today.
Certainly, you will see several people buying stuff they've always wanted but never could get, like toys, cars, vehicles, homes, sports equipment, etc.
I'm can has nukez?  Sorry, channeling my inner Dear Leader. |
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That should be fine as long as you're not overvolting. If you're going to go crazy and mine on the CPU too or put more juice on the cores or memory then maybe even a 900 may be in order. Overvolting eats a lot more power since power is volatge squared, it's not linear. Overclocking is more or less linear.
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Here's the link to the Do-it-yourself powered extender: https://bitcointalk.org/index.php?topic=76121.0Basically you want to send more power to the card and not have the card try to pull it from the motherboard - hence the molex cable sticking out on the side. Some places like cablesaurus sell them premade. |
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Sorry the Newegg link came up dead. I remember a post in the last week talking how to make your own powered extenders, search for it. Or go here: https://bitcointalk.org/index.php?topic=7216.0and scroll through - that's like the how to on building a rig. |
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It's starting to make some sense now.
I = intensity 1-9 with d being the default of(~4-5).
Can't wait to get my card, will be a long weekend tweakin it.
The other PCIe slot on my MB is only x 4, if I bought another 7970 would I get the same performance in that slot?
For crypto mining the slot bandwidth is not important. Even a 1x slot is fine for a 7970 on extender. |
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Don't know about the driver issue but make sure that you're using powered extenders for those 7970s. You can get away running 6 low end 7770s off 1 mobo without additional power, but 5 7970s will burn out the ATX connector on the mobo. You will need at least 2 or 3 powered extenders.
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