I didn't think about looking at the averages. Thanks!
Is it safe to assume that most people are picking coins that they believe in as opposed to mining strictly for profit when it comes to alt-coins?
I mean.. I believe in BTC, which is why I want to convert to BTC and hold, so in that case, I don't much care what alt-coin I mine.
That is just my current mode of thinking. If it's more profitable to mine and hold altcoins and then convert to BTC later when the alt to BTC percentage increases, then I could go that route too. Just wondered what others here were doing.
I use newegg for all my PC parts. As far as a PSU frying things?... Yeah, a low quality one, if fried, can take out a motherboard or anything else under load, but a high quality powersupply will probably just crap itself and not cause issues beyond that. Seriously... if you're debating whether or not to get a higher quality/ higher Watt PSU.. do it. I've been reading about a ton of people that didn't heed this warning and lost money because of it. I should have listened..
As a relative newbie to mining, I was wondering what the general consensus was to mining strategy for profits. I understand that coinwarz can give you what alt coin is profitable, but that really only gives you what is profitable right this second and not after x amount of time of mining.
I thought of perhaps doing a daily check.. beginning of the day, mine what is hot.. the next day trade it to LTC or BTC and re-evaluate what coin to mine for that day.
Only problem is, trading fees would add up over time. I could do it weekly and watch to see when that specific coin would be trading high for BTC or LTC, but eventually I'd just be bag holding on a hot coin that turned sour.
Thanks all! I decided to go with the Corsair 1050.
Now I have to really hope that the old blown PSU didn't knock out any of my other components.
For those of you with multiple cards in one closed case, is 82 degrees just too damned hot for running 24/7, or should I really try to keep the temp down? I know they CAN go higher, but it just seems really hot to me.
Ok, so I'm obviously new. I SHOULD have listened to all of the others that have gone before me when stating that the PSU is not something you skimp on.
After 7 hours of mining scrypt based (getting 1.4 Mh/s), my PSU went dead and wont spin.
Soo.. question. I have 2 r9 280x cards and planning on getting a 1000W PSU. Is that sufficient if I wanted to run 3 cards eventually on this board? Of course I'd use risers when I went up to deal with heat.