Similar to what I'm doing, cool  2GB of RAM is hardly a lot, wouldn't go much lower especially if you plan to do Scrypt. Processor is pretty cheap, and SSD is around the same price as a 250GB Magnetic. |
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everyone wants a long term investment, but would it better if you could rather take back your investments in days rather than months? takes 6 to 7 months with 1.1MH/s Litecoin Miner... and this days gpu cards are cheap..go for FPGA miner that is a better choice.
Right, but FPGAs aren't out yet for litecoin. |
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Yes, right now you're looking at $225-$250 a month. It is a long-term investment, and also serves to pay itself off much faster as the price of litecoins rise. (Mine $500 worth of Litecoins in first two and a half months, they then double, it has earned $1000).
The only problem that I see. Difficulty won't stay the same within that timeframe. With asics in the wild and people with cpu/gpus that want to profit (everyone) will turn to LTC. Difficulty will go up. So now I'm mining less every other month with this machine. So it becomes and even longer long term investment. This is my reservation. True, the hope is that price and difficulty stay synced |
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Yes, right now you're looking at $225-$250 a month. It is a long-term investment, and also serves to pay itself off much faster as the price of litecoins rise. (Mine $500 worth of Litecoins in first two and a half months, they then double, it has earned $1000).
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bitcoin mining can goes up to a few hundred gh, and averaging on 70gh/s which will be 70mh/s if in litecoin equivalent...
Yes, for an ASIC. This is a GPU miner. Litecoin ASICs are a ways off |
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This sounds more like a resonably price. I built 2 rigs with 2x7950 each last month for less than 1400 € and they are hashing with over 2.2MH/s And why this gigantic PSU? Just use a 630W for 45€ and 4 gig RAM. And there are ASRock mainboards with 2 PCIe 16x slots for less than 60€. I really don't get the pricing here All this sounds like a rip off to me. Sorry I could do builds with this kind of hardware (aside from a milk box), if people would prefer. Really low-end core parts do significantly decrease versatility of the machine, but for a miner I suppose that's not a problem. I'll look into it. $7 a day and cost $1200 and only 1mh/s?? for what?? wasting time and money. when you get to 200 to 300mh/s let us know 200 to 300mh/s would probably be another decade at least, and moore's law is gonna hit a dead end real soon. However, you might be thinking of Bitcoin MH/s. This unit is comparable to >1GH/s with bitcoin mining. |
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Email not working on your site.
Sorry about that, fixed! Good catch. |
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I'll contribute an additional 2500FC to the bounty Awesome - please send contribution to 6qXs6fA9U5edFS862j5PZpNqPB7xp6QEoH and I will update the bounty Sent |
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I'll contribute an additional 2500FC to the bounty |
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I would suggest not selling your BFL pre-orders. I guarantee you BFL will deliver. $0.10 on the dollar is very low, and likely OP is working towards buying a bunch of preorders at a really good price. If you want to buy out of the product you pre-ordered, try ebay, you might actually turn a nice profit. |
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Basically, I was going to mine PPCoins when I started the thread, and then later on through the course of this offer changed my offer to Scrypt, forgot to change OP though. Either way, I was mining alt coins that were at higher than 150% profitability. I am looking to purchase people's shares for normal SHA256 mining, at 150% PPS.
Would you be able to do scrypt, or is that FPGA/ASIC-based power?
Does not compute. Plus this 150% PPS business. Something smells funny. |
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Codes received, many thanks No problem, thank you!! |
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Cool Should be making its way to you now! edit : Transaction ID - f68ed40f862880480e0a6bfd588715aab1a094a280e7c3d2b1fcb9ee21704515 Received, will PM you in next 5 mins |
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1 @ 3.5 |
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I decided to put together a guide for people who want to see whether solo mining makes sense, based on their hashrate and difficulty. Here's some quick math, done with 1MH/s of Feathercoin (scrypt) mining power.
Difficulty 3.5: 4 hours 10 minutes for a block
Difficulty 5: 6 hours
Difficulty 7.5: 9 hours
Difficulty 10: 12 hours
Difficulty 15: 18 hours
Difficulty 20: 24 hours
To adapt this information to your rig, simple math comes in handy. For example, if you rig is 1.5MH/s, just divide each above time by 1.5 (6 hours divided by 1.5 is 4).
If you rig is 0.5MH/s, divide each by 0.5. Difficulty scales linearly with hash rate of network, and a difficulty of 20 is 2x harder than one of 10. Given this, you can easily calculate higher difficulty. A difficulty of 40 would take 48 hours, and one of 80 would take 92 hours at 1MH/s.
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Bidding has ended! imafish2002, please send 750 FC to 6tSZRoxL4MBC6nuF8EzCfmotHHRqYvQWwK I will PM you the code within 9 hours! |
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try 127.0.0.1 |
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550 FC
Awesome! |
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Would it be possible to prevent the block rewards from going to the one who found the block, but to 25 randomly selected IPs connected to the network. Doing so would pervent the creation of large centralized mining pools. Would it protect the network?
Problem would be people would not have an incentive to mine.  |
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anyone work out anything with this guy? I have about 19 gh/s if your willing to pay for it.
Would you be able to do scrypt, or is that FPGA/ASIC-based power? |
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