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1  Economy / Long-term offers / Re: [Loan Request]Looking for Long Term $1500USD or BTC/LTC Equivalent[Loan Request] on: April 20, 2013, 04:32:10 AM
Thank you for your warning, seems I didnt do enough research... What companies are currently shipping asics?
[/quote

If you're planning on getting into the mining side of things, you should have this thread bookmarked:
https://bitcointalk.org/index.php?board=14.0

Calculating ROI on a mining rig is not linear. Difficulty WILL change, prices may go up or down. It's up to you to figure out the risks associated.

No thread, just points to the marketplace subforum
2  Economy / Long-term offers / Re: [Loan Request]Looking for Long Term $1500USD or BTC/LTC Equivalent[Loan Request] on: April 19, 2013, 05:09:44 PM
Thank you for your warning, seems I didnt do enough research... What companies are currently shipping asics?
3  Economy / Long-term offers / Re: [Loan Request]Looking for Long Term $1500USD or BTC/LTC Equivalent[Loan Request] on: April 19, 2013, 04:38:20 PM
I agree with both of you, but I don't believe that will happen within the next 6 months. And either way, a massive spike in diff could very well send the prices skyrocketing. They're already low now, and slowly going up, so there no definitive proof that its not too late to get into the GPU mining game.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC/LTC Mining Linux Distro? on: April 19, 2013, 04:23:02 PM
Unfortunatly BAMT wont work for me as im going to build a 7850 system> But I'm glad to see there are a couple out there, maybe we will get something new soon to replace the old software
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Ltc Mining with 7850 AMD HIS HD 7850 DVI/HDMI/GDDR5 1024MB on: April 19, 2013, 06:28:32 AM
From the research I've done it depends on the clock of the card, but @ 900Mhz itll get ~350kh/s
6  Economy / Long-term offers / [Loan Request]Looking for Long Term $1500USD or BTC/LTC Equivalent[Loan Request] on: April 19, 2013, 03:04:52 AM
Hello, I understand that I am new to the scene and lack reputation, and for that reason I say now, if you have no interest in funding me or wish to labal me a scammer, you can leave now.


I have done the math on what would be the most optimal setup for a GPU mining rig. I pay no electricity so there is no overhead cost other than the hardware itself.
I need $1400USD to set up a LTC mining rig from scratch. I am looking to build a rig with 3 Sapphire 7950's with room to expand to 4 later down the road.


The Terms of the loan would be as follows (All considering a $2USD/1LTC Exchange Rate and Hash Rates slightly under estimated)

$1400USD + 40% ($560USD)

Payments of ~270/month for a 7 month - This is an estimate of the amount of ltc the rig will mine per month @ $2USD/1LTC. All mined coins will be put towards the loan until it is paid off, regardless of current       exchange rate. As of this posting the exchange is @ $2.49USD/1LTC, so you can expect the return before 7 months.

Security for the loan shall be in my daily job. Should the price of LTC fail or if something major should happen to the rig and it cant mine, $200USD of my paycheck would take the place of the rig in payments, for a return rate of 10 months. (should this be the case, the total interest would increase to $600)




I can provide the following to Interested Parties.
*Government-issued photo ID
*Pay stubs or income tax returns (unnecessary if you provide SSN, address, current employer, and consent to credit check)
*Proof of funds to repay in a timely main should something happen.
*Consent to perform a credit check


If you would like to discuss this is further detail, send me a pm and we can set up a time to talk.

Thank you for you time and consideration, and I hope to hear from someone soon.

~Slix313
7  Other / CPU/GPU Bitcoin mining hardware / Re: Attention AMD Radeon 7950 users... on: April 19, 2013, 02:21:22 AM


*NOOB WARNING: Do not attempt to overclock your graphics card if you don't know what your doing! It voids any warranty you have on it, and can break the card if you do it wrong.*

Which manufacturer is the card your using for this and what the wattage use?
8  Alternate cryptocurrencies / Altcoin Discussion / BTC/LTC Mining Linux Distro? on: April 19, 2013, 02:16:45 AM
Anyone know if there is a distro of linux that is built for mining crypto? My current plan is to just use ubuntu when i finally get together the funding to build a rig, but want to know what my options are.
9  Other / Beginners & Help / Re: How does mining work? on: April 19, 2013, 02:13:53 AM
not necessarily a good computer. A set of good video cards, or an asic/fpga board. Do your research and youll see what you need to work towards.
10  Other / Beginners & Help / Re: How does mining work? on: April 19, 2013, 02:09:00 AM
You basically use your computers GPU or CPU ( the former more than the latter ) to proccess code either for yourself ( slow not very profitable ) or with a pool ( payments more consistent ) to solve blocks which award cryptocurreny, ie bitcoins, litecoins, etc.
11  Bitcoin / Mining support / Re: Dual 7970 system producing half the expected hashrate on: April 19, 2013, 02:06:20 AM
Does you mobo support pcie3.0? if it does, try going into bios and changing the pci ports to run 2.0 instead
12  Other / Off-topic / Re: Let's Count to 21 Million with Images on: April 19, 2013, 02:01:34 AM

13  Other / Beginners & Help / Re: Mining noob but quick learner, 7970 Asus preferential set up on: April 18, 2013, 08:10:02 AM
i was looking into getting a 7970. how are you liking it so far?
14  Other / Beginners & Help / Re: Alternate FPGA mining hardware on: April 18, 2013, 07:59:28 AM
seems a bit expensive. its fpga setups worth the initial investment?
15  Other / Beginners & Help / Re: [ANN][Official] Bitcoin Play! Satoshi Dice, Free Bitcoins, and more coming! on: April 18, 2013, 07:56:48 AM
seems like some easy coins! glad i saw this!
16  Other / Beginners & Help / Re: Introduce yourself :) on: April 18, 2013, 06:44:20 AM
Nice to see people have humor on here.

Me? Im just a lowly chef looking to supplement his income with some virtual awesomeness Wink
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