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1  Alternate cryptocurrencies / Mining (Altcoins) / Building A PC, Thinking About Mining, Need Advice! on: May 15, 2017, 03:36:25 PM
Hey All,

I originally posted this question in the BTC section, but was told my personal computer wouldn't suffice for mining BTC, and I should look at Alt currencies instead, so here i am!

I'm about halfway through building my new PC, designed for high end VR gaming. I am going to have a lot of downtime and extra capacity, so I am considering mining overnight/possibly in the background depending on how intense the game I'm playing is.

I know next to nothing about Bitcoin Mining, but from what I've been reading online it sounds like GPU mining is more profitable than CPU mining. Another post referenced this website to estimate profit: http://whattomine.com/coins?utf8=%E2%9C%93&eth=true&factor%5Beth_hr%5D=28.5&factor%5Beth_p%5D=105.0&grof=true&factor%5Bgro_hr%5D=35.5&factor%5Bgro_p%5D=130.0&x11gf=true&factor%5Bx11g_hr%5D=11.5&factor%5Bx11g_p%5D=120.0&cn=true&factor%5Bcn_hr%5D=500.0&factor%5Bcn_p%5D=100.0&eq=true&factor%5Beq_hr%5D=420.0&factor%5Beq_p%5D=120.0&lre=true&factor%5Blrev2_hr%5D=35500.0&factor%5Blrev2_p%5D=130.0&ns=true&factor%5Bns_hr%5D=1050.0&factor%5Bns_p%5D=155.0&lbry=true&factor%5Blbry_hr%5D=275.0&factor%5Blbry_p%5D=120.0&bk2bf=true&factor%5Bbk2b_hr%5D=1600.0&factor%5Bbk2b_p%5D=120.0&bk14=true&factor%5Bbk14_hr%5D=2500.0&factor%5Bbk14_p%5D=125.0&pas=true&factor%5Bpas_hr%5D=940.0&factor%5Bpas_p%5D=120.0&bkv=true&factor%5Bbkv_hr%5D=0.0&factor%5Bbkv_p%5D=0.0&factor%5Bcost%5D=0.03&sort=Profitability7&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=bleutrade&factor%5Bexchanges%5D%5B%5D=btc_e&factor%5Bexchanges%5D%5B%5D=bter&factor%5Bexchanges%5D%5B%5D=c_cex&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=Main&commit=Calculate&adapt_q_280x=3&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=0&adapt_q_480=0&adapt_q_750Ti=0&adapt_q_10606=0&adapt_q_1070=1&adapt_1070=true


It appears to be telling me I should mine LBC, and can expect to make around $300/year given today's prices and complexity. Am I reading this correctly? Does that seem accurate based on your experience?

Here is the PC build I'm looking at:

PCPartPicker part list / Price breakdown by merchant

CPU: Intel - Core i7-7700K 4.2GHz Quad-Core Processor  ($328.47 @ OutletPC)
CPU Cooler: ARCTIC - Freezer i32 CPU Cooler  (Purchased For $27.00)
Motherboard: MSI - Z270-A PRO ATX LGA1151 Motherboard  (Purchased For $92.00)
Memory: *Team - T-Force / Night Hawk 16GB (2 x 8GB) DDR4-3200 Memory  ($124.99 @ Newegg)
Storage: Sandisk - Z410 480GB 2.5" Solid State Drive  ($139.59 @ Newegg Marketplace)
Storage: *Hitachi - Ultrastar 7K4000 3TB 3.5" 7200RPM Internal Hard Drive  ($69.88 @ Amazon)
Video Card: Gigabyte - GeForce GTX 1070 8GB Mini ITX OC Video Card  ($359.99 @ Newegg)
Case: Corsair - Carbide Clear 600C ATX Full Tower Case  (Purchased For $95.00)
Power Supply: Thermaltake - 750W 80+ Gold Certified Semi-Modular ATX Power Supply  (Purchased For $50.00)
Optical Drive: *Lite-On - iHAS124-14 DVD/CD Writer  ($15.89 @ OutletPC)
Operating System: Microsoft - Windows 10 Home OEM 64-bit  ($87.89 @ OutletPC)
Wireless Network Adapter: Gigabyte - GC-WB867D-I PCI-Express x1 802.11a/b/g/n/ac Wi-Fi Adapter  ($29.99 @ SuperBiiz)



Any thoughts or suggestions?

Thanks for taking the time!
2  Bitcoin / Hardware / Re: Building New PC, Considering Mining, Should I? on: May 15, 2017, 02:43:07 PM
Gotcha. I had read that but I wasn't quite sure how accurate that was, or if it was just people trying to sell their miners.

Thanks for the help, I'll take this question that way!
3  Bitcoin / Hardware / Building New PC, Considering Mining, Should I? on: May 15, 2017, 02:22:47 PM
Hey All,

I'm about halfway through building my new PC, designed for high end VR gaming. I am going to have a lot of downtime and extra capacity, so I am considering mining overnight/possibly in the background depending on how intense the game I'm playing is.

I know next to nothing about Bitcoin Mining, but from what I've been reading online it sounds like GPU mining is most profitable than CPU mining. I checked this site and it looks like if I get a GTX 1070, at today's prices I can make over $1,000 a year by running it 24hrs (I'm assuming that's taking into account the major runnup bitcoin prices have had in the last year or so). Is this fairly accurate based on your experience? https://www.nicehash.com/?p=calc

Here is the PC build I'm looking at:

PCPartPicker part list / Price breakdown by merchant

CPU: Intel - Core i7-7700K 4.2GHz Quad-Core Processor  ($328.47 @ OutletPC)
CPU Cooler: ARCTIC - Freezer i32 CPU Cooler  (Purchased For $27.00)
Motherboard: MSI - Z270-A PRO ATX LGA1151 Motherboard  (Purchased For $92.00)
Memory: *Team - T-Force / Night Hawk 16GB (2 x 8GB) DDR4-3200 Memory  ($124.99 @ Newegg)
Storage: Sandisk - Z410 480GB 2.5" Solid State Drive  ($139.59 @ Newegg Marketplace)
Storage: *Hitachi - Ultrastar 7K4000 3TB 3.5" 7200RPM Internal Hard Drive  ($69.88 @ Amazon)
Video Card: Gigabyte - GeForce GTX 1070 8GB Mini ITX OC Video Card  ($359.99 @ Newegg)
Case: Corsair - Carbide Clear 600C ATX Full Tower Case  (Purchased For $95.00)
Power Supply: Thermaltake - 750W 80+ Gold Certified Semi-Modular ATX Power Supply  (Purchased For $50.00)
Optical Drive: *Lite-On - iHAS124-14 DVD/CD Writer  ($15.89 @ OutletPC)
Operating System: Microsoft - Windows 10 Home OEM 64-bit  ($87.89 @ OutletPC)
Wireless Network Adapter: Gigabyte - GC-WB867D-I PCI-Express x1 802.11a/b/g/n/ac Wi-Fi Adapter  ($29.99 @ SuperBiiz)



Any thoughts or suggestions?

Thanks for taking the time!
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