you can get 400mhs with a properly tuned setup on a 5850, absolutely. I have my 5830s hitting an average of 330mhs on some pools (and they typically show as max 260 on all info online).
On the mining comparison I think there was a max of about 450, so if I fiddle around with it, I could definitely get it to 400mhs  Just wondering, but what do you think the value of litecoin will be in the Summer? No one knows, any answer would be speculation. I would say that if you follow the charts from BTC's early days (2011), you would see some strong similarities. There's a possibility it reaches a perfect 25% parity with BTC, and there's the possibility that the previous high of $0.60 was the highest we will see. All speculation. |
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you can get 400mhs with a properly tuned setup on a 5850, absolutely. I have my 5830s hitting an average of 330mhs on some pools (and they typically show as max 260 on all info online).
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So, I just installed a Radeon HD 6950 into my main machine. Its core clock is 800MHz, and the memory clock is 1200MHz. So, I believe this card should theoretically do quite well mining (at least 200kh/s). I managed to get my Reaper set up for my laptop, and even though I'm pretty familiar with the program, it hard boots everytime I launch reaper. I can't even get reaper to start and keep my computer on, so now I'm using CGMiner, and instead of hardbooting, I'm getting 100% stales. I have the latest AMD Catalyst drivers.  seems like you are running it with sha256 instead of scrypt ? That could'nt work with LTC How can I change it? I'm using CGMiner's latest build, and there is a scrypt kernel in the folder. are you using a batch file or just manually entering info every time you click on cgminer.exe? |
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I have been been more than 2 years in this mining bussines. I invested actual money, and saved the bitcoins, I run 80GHs at this moment, last 15GHs in a form of 30 Gigabyte 7950s were added about 20 days ago. Those were bought with btc money, rest 65GHs was bought over 2 years for actual money. The only mistake I made was because I have sold 15000btc@19 USD ... Altough the 3000 sold @47 made up for it... Currently making 20btc@day through litecoin. So as I said, 1-2 cards, bought cheaply comapred to what early adopters were paying, wont hurt anyone, especially if their primary use is gaming
Very interesting, thanks for the response. I'm amazed at your farm and success, congratulations! |
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Nah, you should be fine, and end up relatively close. The only issue would be the cooling, like vdragon stated above. Are they all the same 1gb model? I believe some of the later 5850s made by sapphire and gigabyte had 2gb models as well. |
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Name: thepickingpair
Posts: 144
Position: Full Member
Date Registered: February 03, 2013, 04:45:32 AM
That explains it.
I'm not sure what the age of the account here proves or disproves, it's merely a date of wanting to take the infatuation with cryptocurrency into a public setting. Unless you're referring to the fact that i didn't know the account above was BFL_Josh, then yes, you're right. |
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I am indeed paid by BFL, I admit that 1000%. I wouldn't say a shill though, since that implies I have hidden the fact, which is simply not true.
I've dropped facts many times. Your suppositions are complete bullshit. You have no evidence or proof to back up your claims, yet you speak them as if they were facts. That does, in fact, make you an idiot.
As with anything in life, i'm only going by what i've learned, and what i've experienced. If i am wrong, i'm more than capable of admitting it and eating my share of the crow. My interactions, combined with what i've read online, led me to those statements. If i'm wrong, then i apologize ahead of time. I obviously didn't know you were BFL_Josh when i quoted the 'paid' comment. Perhaps correcting me on my misunderstandings, or directing me towards some information that does, would go a long way to clearing up any negative thoughts myself or others have? Just a thought. |
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I am indeed paid by BFL, I admit that 1000%.
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Yes! Fight the power!
PS - if you're fighting the power, it's good to have your facts straight. Pickingpair and opentoe have basically no facts straight and are talking out of their asses, so if you decide to fight the power (DOWN WITH THE MAN, MAN!), you might want to pick some leaders who aren't complete idiots.
And yet you come and call us idiots, and don't drop a single fact of your own. Interesting, huh? I smell paid shill. |
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Which is sucky, cuz now is a horrible time to buy hardware.
GPUs aren't worth it.
FPGAs aren't worth it.
Avalon's are expensive, and in a limited supply.
BFL hasn't shipped yet, and has a massive backlog.
What's a newbie supposed to do?
GPUs are always better choice, at least it has some re-sale value or you can reconfigure your miner to a game machine (given you only investment 3-4 card to start) for the rest dedicated mining machines, the worst scenario of a Tulip mania happened, those mining machines worth no more than a pile of junk. Do you know how many 5970s and 7970s are gonna flood the market when ASICs do hit? And I mean really hit, not like this Avalon slowly-squeak-out-over-two-months shit. I have been listening to "ASIC is coming, run for cover" since september 2012 ... In last 6 months I have bought almost 60x 7950, they all payed for themselves like 4X. When ASIC becomes mainstream, which wont be that fast, I can even give away the cards to neighbourhood kids. So on that note, 1-2 cards, if its a gaming rig, wont hurt anyone Did you invest actual fiat to buy those 60 cards, or convert early adoption BTC for them? There's a big difference. There is no way to make a profit off BTC unless you get that many gpus going on a farm. For the average person, it's completely unfeasible to spend tens of thousands (or in your case 50k+) to get a return of a few hundred dollars a month. Combine that with the fact that more ASICs are coming out very fast, and i hope you can understand why people say it's not worth it. |
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No physical change needed, just add in scrypt support to cgminer, or using a diff miner like reaper. all config changes. Honestly, my suggestion would be that you only plan to go with ltc mining. reason being is you obviously havent ordered the parts yet, takes time to ship, assemble, load software, etc. If you purchase today, it will be a min of probably about a week before you're setup (due to company shipping, etc). LTC difficulty will have adjusted 4 times by then. LTC has gone from $0.07 to $0.43 in a week. Get on board now. Also, it's much more profitable to mine ltc and convert to btc than it is to mine btc nowadays. You just cant compete with the big boys.
I would strongly suggest going with LTC from the start.
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Do this in America, and i'll donate regularly.
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... Me personally, I'm looking for a 6-8 month ROI, which I consider to be quite standard in the past, ...
I agree with you on this one. According to a poll on BFL's website 90% are willing to wait 6-12 month to make ROI*) But back to the OP: If I chose to put an order down on a 60gh unit do you think I would get it too late to make any profits? Im tempted to buy one but I think I may be too far back in the queue.
He will not make ROI in 6 month. Nor in 12 month. Maybe in 24 month. But that's very risky, because his unit has to work 24/7 for two years. Image he lives outside the US and has an RMA in those two years (-> send unit back to US, wait, get it repaired, wait, get it shipped again, wait, troubles with custom). Not to mention the warranty that might have expired by then. So for the TS it is very risky to order now. ------------ *) ROI is wrong in this context, I know. Should be "break even". But since most users use ROI I'll use it too. A SC Single is $1330USD. At the current MtGox weighted average of $46.9USD/BTC, that's 28.36BTC. You think it'll take 2 straight years to mine 28BTC? You're talking about a difficulty of over 400 million for it to take that long. I don't think 12 months is a difficult number. I'm not talking now, I'm talking when people actually get their BFL units. I've already seen screen shots of Avalon tracking numbers and they are on their way. Avalon's first batch will be in the hands of all their customers obviously before BFL even has a working prototype, so at that point it will probably take a year or so to make $1300 worth of BTC. You didn't answer my question at all. For a BFL SC Single to break even in 24 months, you would need a difficulty of 400million, or a network of > 3Ph/s. 3000Th/s is 50,000 SC Singles, which at $1300 a pop is over $65 million USD in BFL pre-orders. Really? You think they have that many orders? I don't think BFL has that many pre orders. Hell, their entire batch of 100,000 chips (enough to cover all pre-orders) is only enough for 20% of that. The problem with doing it at today's rates/diff is that in order for that to be accurate, BFL would have to be shipping units today (or already have shipped by today). You cant give a fair equation without looking at the fact that by the time BFL finally ships, the difficulty will be very high (due to avalons units, and single entity asics, and the increased gpu farms over the last few months). You're basically asking a one sided question, and totally disregarding the fact that BFL has nothing, just to prove your point. |
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1. Correct. Although, if you're concerned with cost - i wonder how you came to choose 5970s - 6 of them will run you around $2k alone on Ebay, used. They're excellent cards, and probably the top hashrate out there, but they use more power, and have an increased base cost. Hope you figured this into your equations.
2. Yes, it doesn't matter. You're not being paid on your mining hash rate, you're being paid on the value of the estimated amount of shares you will get from that hash rate.
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01BTC10 has reason, we paid like 56BTC for the ASIC now you are offering 2500$ what it is less than 53BTC.
So I think it is not a fair trade.
Do you really think 3 BTC is keeping the deal from going down? I doubt it. I think the point you're missing is called inflation. Combine that with the fact that avalon is the only company actually shipping units, then combine that with the fact that round 2 should ship out soon, and i'd hope you'd understand why 53 btc just doesn't cut it. It's not like you're buying BFL preorders, and people can afford the negative speculation that they might never ship, and will want to recoup some of their investment. You're offering to buy avalon machines, which are getting ready to ship soon, at less than the value of when people preordered them. Makes 0 sense, if you honestly take the time to think about it. |
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1. Okay, so I could have two motherboards with 3 cards on each?
2. Would I need 2 separate accounts on a mining pool to do this?
3. How can I have two motherboards on one machine?
Cheers
1. yes 2. no, mining pools operate off of workers. you would simply setup an additional worker (or not, if you dont mind the stats being combined) 3. you cant, you would need two separate cases, mobos, cpus, sticks of ram, psus, and some form of hard drive (whether old ide, newer sata, or a simple usb drive to load up something lightweight on boot like xubuntu or mint). |
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You would need to upgrade your PSU first. That PC is horrible for mining. Honestly, you'd probably save money by building an all new rig. Any respectable amd gpu rig is going to need more than 300w. |
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Okay. So, I've decided finally that I'm gonna go for: x6 Radeon 5850's And this motherboard: http://www.gigabyte.com/products/product-page.aspx?pid=3880#ovBasically, as I'm still really unsure about a lot of this stuff, can any of you guys tell me if I can have 6 Radeon 5850's on this motherboard, and can anyone give me a step by step guide on how to get ALL SIX of them mining at the same time, at their optimum hash rates. Will give whoever can give me the best help a reward of some sort!! Really need help on this guys. I want to buy my hardware fairly soon, but I want to be 100% sure that everything will work, as this is a fairly big investment for me  I would highly suggest against putting 6 5850s on one board. Have you thought about cooling at all? split those 6 into 2 boards, drop that gigabyte board, grab an asrock at 1/2 the price. this one will do x8,x8,x4. http://www.newegg.com/Product/Product.aspx?Item=N82E16813157262 . I have multiple 5830s and 5850s running, again i would not put 6 on a single board. Youre asking for problems, especially as a first timer who doesn't quite seem to understand it all. Well to be honest it's gonna be in my garage and it's really cold in there haha  we also have multiple fans :p So if I had two mobos and 3 cards on each, how do I get them both to mine with the combined hash rate? I want to have the same hash rate as I would if I had 6 cards on one motherboard. That doesnt matter. There is no benefit to loading more cards in one PC, and only drawbacks (power, space, heat). If you're talking about doing a crossfire/sli setup, that actually lowers your output. You wont find a single pro gpu farm miner that has their amd's crossfired. |
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Ok trolls, because I never built a computer before I should just play black ops?
Makes complete sense...
No, but because you won't take the time to read, understand, and make some sort of effort on your own, means you should go back and play Black Ops. The best answer was already given. Sell your BFL preorder for like 2500-3000, invest in a rig for litecoin. the gpu bitcoin game is long gone. You're not going to mine jack squat with 300 bucks to invest. |
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