Same card so likely same hash or close to same? I noticed the diamond is about 100 dollars cheaper and actually in stock

I don't know, but why don't you just bury it or cement a safe to the ground like a normal person 

I think something's gotta give though. I think it might be slightly over priced, or it was just WAY under price two months ago.

Miners are making much more profit than two months ago, despite the difficulty change...right?

Anyone know the answer to the diamond vs sapphire hash question?

I see a few problems with BTC, but its mostly great.
 
First off, the problem I see with bit coin is that only a very small percentage of the world has access to high end mining hardware. It's really quite unfair to most of the world they live off 2 dollars a day and most of our computers can put out 2 dollars in bit coin in an hour or less. The highest I've seen is someone who makes 110+ USD an hour off of bitcoin mining (at 20 dollar BTC)

I almost feel guilty using it...but only because most others don't have the same opportunity. I also now know what it feels like to inflate a currency. Except unlike the central banks, the rate at which the currency can be inflated is strictly controlled by the system, not a few greedy old men.

All this means as there is even more riding on those of us who do create wealth out of nothing (or at a much higher rate than electric bill) to do something GREAT with our wealth. Not horde it for our own damn riches. I mean, do that if you want, so you can be wealthy later. I just hope you do good with your wealth and not be a hypocrite. Personally, I'm selling 75% of my BTC for silver. PMs (and especially silver) are the bitcoin of the physical world. They don't function exactly the same, for instance the rate of mining isn't controlled strictly, it is controlled by whether or not they can find the supply or not. It cannot be forced upon the physical world to mine slower like it can in BTC. However, it is still very similar to BTC in the fact that silver is constricting in supply, at an INCREASING rate, where as BTC is increasing in supply, at an DECREASING rate. They are one in the same system. Except one is better to store for wealth and one is better to store for trading. Simply due to the nature of how easy BTC is to trade, it will likely be the medium of exchange.

Another problem, mining pools are subject to DDoS and that will only increase more and more as the price does of BTC does. Even though the value will still likely be close to the same (due to difficulty increase) the average person doesn't understand that. Although I can say mining pools haven't been down a whole lot since I've started.


I still don't fully understand why WE mine. Wouldn't it make more sense for just one super computer to solve the blocks at a predictable rate, steadily inflating in supply and increasing in value? This would create an extremely stable medium of exchange in bitcoin (even more so than now), with the price fluctuations being due to difficulty increases and reserve currency inflation ( I can't wait XD). Of course, the price of BTC in terms of dollars would have to be ASTRONOMICAL in order for the market NOT to be controlled by big players. And at this stage, big players aren't interested in BTC. The FED could easily print money out of thin air and buy most of the BTC (of course I say most because that is completely dependent on us willing to sell the FED our bitcoins... which i hope we wouldnt') just to kill the market because its competing with banking profits (not even close to a dent at this stage).


Still though, that is another problem, the tiny market size of BTC makes it very easy to manipulate (if there are buyers, which with exchanges is it seems like there always are).

Another problem, we must trust that those who got into BTC MINING VERY, VERY EARLY, don't manipulate and control the market itself later on.



I do understand Plato's Cave...yet I don't (meaning BTC)

Why must OUR computers solve these? Is there any reason the bitcoin system needs our GPU, other than to verify the demand for BTC? Who PAYS out for the newly created BTC? There needs to be enough trust in the market to insure a buyer. There seems to be exchanges, do they ever put a stop to their buying?

Just 2 months ago the electric bill to BTC profit was nowhere near as high as it is now. Something's gotta give? I'm very new, someone please refute these points.

Hmm...I really dislike the idea of exposed hardware where I want to be keeping these rigs. But I may find a solution. An extra 40 for protected hardware isn't so bad.

Also, do you know if there is a big difference between the m/hash on the diamond and sapphire 5830s??

Thanks, someone should make and sticky a thread as anyone interesting in maximizing mining profit will ask this question. Don't need a case, really? Where would I mount the fans then?

A little help and I'll send a 1/4 of a bitcoin. That's all I've made so far on my terrible mining gpu, gtx 580, but much much better IMO as far as gaming. This is why I need a independent mining rig

Been studying up on the forums, and I found this previously recommended hardware.....on this thread here. http://forum.bitcoin.org/index.php?topic=14166.0

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Depending on what you mean by "light gaming" this may work for you and be much cheaper:

http://www.newegg.com/Product/Product.aspx?Item=N82E16827151233

http://www.newegg.com/Product/Product.aspx?Item=N82E16811133094

http://www.newegg.com/Product/Product.aspx?Item=N82E16817139020

http://www.newegg.com/Product/Product.aspx?Item=N82E16822148701

http://www.newegg.com/Product/Product.aspx?Item=N82E16814102906

http://www.newegg.com/Product/Product.aspx?Item=N82E16820231253

http://www.newegg.com/Product/Product.aspx?Item=13-130-567

Much cheaper, if you think you need more power, substitute the Fusion motherboard for:

http://www.newegg.com/Product/Product.aspx?Item=N82E16813131734

and

http://www.newegg.com/Product/Product.aspx?Item=N82E16819103846
Which you may be able to unlock.

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I like this list, but even lighter on the gaming if possible, would be preferred if it saves me some cash


Swap out the gpu in this setup for dual 5830s (for $150 you can get a diamond 5830 which seems to average between 250-300 m/hash...or is that the sapphire only? the chart does not specify. https://en.bitcoin.it/wiki/Mining_hardware_comparison#Nvidia) and I think that's a pretty cheap yet efficient rig (anything that can pay itself off in a month is efficiency IMO, I've seen some people pay off in 3 weeks). Is there any improvements I could do here, as far as cost/hash efficiency? I'm open to any suggestions. I'm going to purchase just 1 set of hardware for now to see how I like it, but if its the most cost efficient I'll probably set up a couple others.

Thanks everyone