Yea you do, which is why I can't install one.

Hi all,

I would like to build a mining rig. My current desktop gets 8.5 MH/s, which is outrageously horrible. I would like at least 400 MH/s. My price range is below $500.

Can anyone recommend anything? I tried checking bitcoin.it, but those motherboards were out of stock. My desktop psu is only 300 watts, so I can't really buy a new gpu.

Thanks.

Thanks a lot.

Hi,

I just joined the forum yesterday, so sorry if I seem to be spamming. Anyway, I'll cut to the chase.

I have an nvidia GPU(yes I know very crappy and shouldn't be used to mine), but I went ahead and installed p2pool. I wanted to try out mining before I made any serious investments.

I'm using ufasoft miner(not the client, just the miner) in the p2pool. Here's the question: How will I get paid? I see two addresses on bitcoin-qt. One has no label and the other label is p2pool.

Thanks.

Are they expensive? Where can I buy one?

Thanks K and Rayen. You guys both helped a lot.

How about this tutorial? https://bitcointalk.org/index.php?topic=17240.0

Also, what are ASICS?

Hi,

I'm very new to this. I looked at the intro threads and all, but I still am confused.

Here are my questions:
1. How does mining actually work? What does the GPU/CPU do when mining?

2. What's the absolute best way to secure a wallet? I was thinking about following this guide: https://bitcointalk.org/index.php?topic=17240.0

3. Which is better and why? GPU or CPU mining? What are good hardware that can accompany GPU/CPU mining?

Thanks.

I don't think it's gambling. I see it more of an investment. It's like investing in stocks except in a different way.