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Author Topic: New miner needs help!  (Read 716 times)
minermagnus (OP)
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January 25, 2014, 08:44:56 PM
 #1

Hello everyone, and thanks in advance for replies!

Im new to mining, and I've started mining with my Lenovo laptop and my "home built" AMD PC.
I registered on the slush pool, but I dont think my setup is quite right.
Can you please help me figure out what I'm doing wrong?
Pictures below;

http://imgur.com/CNNB03S,p6QZ1uq
http://imgur.com/CNNB03S,p6QZ1uq#1


Question 2:

Does 1 worker have to be 1pcs of hardware? So that 1 worker is one PC, and another PC is 1 worker?
Or can one worker be 1 hardware (antminer, BFL product example), so that you can have many workers on only 1 PC?


Question 3:
What do you advice me to purchase as I am new to mining?
I'm currently considering the: Bitcoin miner 7.8 GH/s BFL Jalapeno fra Butterfly Labs
Is that a good option for me?

Thanks in advance,
Magnus Norway
ttkool
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January 25, 2014, 09:01:51 PM
 #2


Question 3:
What do you advice me to purchase as I am new to mining?
I'm currently considering the: Bitcoin miner 7.8 GH/s BFL Jalapeno fra Butterfly Labs
Is that a good option for me?

If you want to make a profit you can forget it.

If you want to do it as an hobby it's ok, but how much money are you considering to spend on mining equipment?
minermagnus (OP)
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January 25, 2014, 11:59:41 PM
 #3

Hello, and thanks for the reply, I really appriciate it.

I want to make a profit, and I am willing to spend what it takes, but a price range of 1000-2000 dollars? If there is a device thats great for 3000, its OK too Smiley

Thank you
minermagnus (OP)
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January 26, 2014, 12:08:08 AM
 #4

And by the way, with a budget like I mentioned, is it possible to actually make money? Smiley

Thank you again,
minermagnus (OP)
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January 26, 2014, 09:09:02 PM
 #5

Anyone? Smiley
hgerson
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January 27, 2014, 12:11:44 AM
 #6

Anyone? Smiley

Hello Magnus,

I'm a n00b too but from what I read here you better invest in coins instead of mining hardware.

Of course it's not half as fun but financially wise it's almost certain it's the best bet.
minermagnus (OP)
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January 27, 2014, 01:09:45 AM
 #7

Thank you for the reply Smiley I appriciate it!

But say If I really wanted to mine, and I bought GH with hosted mining contracts?
I then buy 1000GH/s for 10k. Any calculations on how this will turn out for a year? If this is calculated before on the forum, I can't find the post.

Thanks in advance
Magnus Smiley
techgeek
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January 27, 2014, 04:03:26 AM
 #8

Thank you for the reply Smiley I appriciate it!

But say If I really wanted to mine, and I bought GH with hosted mining contracts?
I then buy 1000GH/s for 10k. Any calculations on how this will turn out for a year? If this is calculated before on the forum, I can't find the post.

Thanks in advance
Magnus Smiley

Are you talking about mining alt coins? or bitcoins?

If your talking about bitcoins, most calculation isnt specific based on daily difficulties and other elements of price flux.

But just to give you an idea, 1,000 ghs for 10k is a bit pricey. Most miners bought a 500ghz, for $2-3k now.

trupa
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January 27, 2014, 05:41:52 AM
 #9

Thank you for the reply Smiley I appriciate it!

But say If I really wanted to mine, and I bought GH with hosted mining contracts?
I then buy 1000GH/s for 10k. Any calculations on how this will turn out for a year? If this is calculated before on the forum, I can't find the post.

Thanks in advance
Magnus Smiley

Check coinwarz.com it will tell you how much you would make right now. As for a future calculation, is a little bit hard given the dif changes and btc price changes.
Smileyftw
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January 27, 2014, 03:04:29 PM
 #10

Check CEX.iO it will tell you how much you would make right now.
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