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Is this a good deal? (7950s)
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Topic: Is this a good deal? (7950s) (Read 497 times)
day35
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Is this a good deal? (7950s)
March 23, 2014, 06:44:47 AM
#1
I have the option to purchase a rig with 3 new 7950s for 1 btc ($565).
Is this a good deal? I want to get into mining altcoins and converting them to btc.
Any advice is great! Thanks!
momchilandonov
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Re: Is this a good deal? (7950s)
March 23, 2014, 08:25:13 AM
#2
A whole rig with three cards each of which cost like maybe 300$ brand new? I think the deal is awesome but it all depends on when you plan to sell the LTC which will bump in diff and value with the scrypt asics.
day35
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Re: Is this a good deal? (7950s)
March 23, 2014, 02:52:50 PM
#3
Thanks!
My plan was to use a pool that switches to the most profitable coin at the time to mine and then pays out in btc. The electricity here is decently cheap so I should still be ahead some. Plus the adventure sounds fun.
Are you saying that the asics will make card mining obsolete?
NuSalvo
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Re: Is this a good deal? (7950s)
March 23, 2014, 03:42:33 PM
#4
ASICs will impact some coins, but there are ASIC & Multipool resistant coins as well. If they take hold then GPUs can still compete well through 2014. I just switched one rig over to Vertcoin, it does take some time to get the settings right for 0 HW errors.
Most of my hash power is directed at Scryptguild currently, because I hold onto LTC also. I didn't see the option on Clevermining or Wafflepool to hold any altcoins at all.
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