banker11 (OP)
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February 09, 2016, 04:11:37 AM |
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Hey all, I am wanting to build a gpu mining rig with an old pc I'm going to pick up. It's more for a little project and maybe some profitability down the road...one issue,
I don't really know what video card, mother board, power box ect.. I would need. Help me out?!
As well, what would be a good coin to mine? I was thinking ethereum while it's on pow and it would be cool to download te block chain but what else is there to look in to? I'm going to be doing my research but welcome all and any advise!!
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RustyNoman
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February 09, 2016, 09:55:51 AM |
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The most important components is the graphics card. It depends on what you wan to mine. If you want to mine Ethereum, you need the 7970 or 280x to mine most efficiently.
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joblo
Legendary
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Activity: 1470
Merit: 1114
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February 09, 2016, 04:41:01 PM |
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Hey all, I am wanting to build a gpu mining rig with an old pc I'm going to pick up. It's more for a little project and maybe some profitability down the road...one issue,
I don't really know what video card, mother board, power box ect.. I would need. Help me out?!
As well, what would be a good coin to mine? I was thinking ethereum while it's on pow and it would be cool to download te block chain but what else is there to look in to? I'm going to be doing my research but welcome all and any advise!!
From the cheapest... - If you want to go super cheap use what you already have. You can mine with any 64 bit CPU. - If the PC already has a GPU you may be able to use it. - You can buy a GPU that fits the existing power supply - buy a new GPU and PSU to match it etc |
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anthonycamp
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February 09, 2016, 04:42:21 PM |
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well i do advise some games on line for mining as virtual but if a rig its waht you need do the gpu but eletrecity payed gets no roi lol
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banker11 (OP)
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Activity: 11
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February 09, 2016, 08:52:03 PM |
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Okay, thanks for the advise so far! I see I have alot to learn about the technology yet. I'm very new to cryptocurrencies and I really see it as being something that by jumping on now could be worth it in the future.
One other question, is gpu mining going to be around for a while? I know with bitcoin and some other cryptos Asic miners get built and take over the gpu's, but are some cryptos being made like ethereum to help the lone gpu miner?!
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joblo
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Activity: 1470
Merit: 1114
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February 09, 2016, 09:21:15 PM |
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Okay, thanks for the advise so far! I see I have alot to learn about the technology yet. I'm very new to cryptocurrencies and I really see it as being something that by jumping on now could be worth it in the future.
One other question, is gpu mining going to be around for a while? I know with bitcoin and some other cryptos Asic miners get built and take over the gpu's, but are some cryptos being made like ethereum to help the lone gpu miner?!
GPU mining should be around for a long time. The alt algos are designed to make it more difficult to build an asic. There are many different algos and each one needs ts own asic to mine. And finally there has to be enough demand for it to be profatible. |
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banker11 (OP)
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Activity: 11
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February 10, 2016, 02:49:44 AM |
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I really appreciate your help, thanks a bunch!
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Golftech
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February 10, 2016, 10:10:48 AM |
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Okay, thanks for the advise so far! I see I have alot to learn about the technology yet. I'm very new to cryptocurrencies and I really see it as being something that by jumping on now could be worth it in the future.
One other question, is gpu mining going to be around for a while? I know with bitcoin and some other cryptos Asic miners get built and take over the gpu's, but are some cryptos being made like ethereum to help the lone gpu miner?!
GPU mining should be around for a long time. The alt algos are designed to make it more difficult to build an asic. There are many different algos and each one needs ts own asic to mine. And finally there has to be enough demand for it to be profatible. The Ethereum mining will last about 10 months. If we cannot make ROI in 10 months, we should not buy more GPU. Do you know any other coins have the similar potential? |
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sp_
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Activity: 2912
Merit: 1087
Team Black developer
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February 10, 2016, 10:13:18 AM |
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Okay, thanks for the advise so far! I see I have alot to learn about the technology yet. I'm very new to cryptocurrencies and I really see it as being something that by jumping on now could be worth it in the future.
One other question, is gpu mining going to be around for a while? I know with bitcoin and some other cryptos Asic miners get built and take over the gpu's, but are some cryptos being made like ethereum to help the lone gpu miner?!
GPU mining should be around for a long time. The alt algos are designed to make it more difficult to build an asic. There are many different algos and each one needs ts own asic to mine. And finally there has to be enough demand for it to be profatible. The Ethereum mining will last about 10 months. If we cannot make ROI in 10 months, we should not buy more GPU. Do you know any other coins have the similar potential? You only need 40 days. A r9 280 is making $3.5 a day... |
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RustyNoman
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February 10, 2016, 10:59:11 AM |
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Okay, thanks for the advise so far! I see I have alot to learn about the technology yet. I'm very new to cryptocurrencies and I really see it as being something that by jumping on now could be worth it in the future.
One other question, is gpu mining going to be around for a while? I know with bitcoin and some other cryptos Asic miners get built and take over the gpu's, but are some cryptos being made like ethereum to help the lone gpu miner?!
GPU mining should be around for a long time. The alt algos are designed to make it more difficult to build an asic. There are many different algos and each one needs ts own asic to mine. And finally there has to be enough demand for it to be profatible. The Ethereum mining will last about 10 months. If we cannot make ROI in 10 months, we should not buy more GPU. Do you know any other coins have the similar potential? You only need 40 days. A r9 280 is making $3.5 a day... So you think the price will not drop in 40 days or the difficulty will not catch up in the period? |
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joblo
Legendary
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Activity: 1470
Merit: 1114
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February 10, 2016, 06:14:12 PM |
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Okay, thanks for the advise so far! I see I have alot to learn about the technology yet. I'm very new to cryptocurrencies and I really see it as being something that by jumping on now could be worth it in the future.
One other question, is gpu mining going to be around for a while? I know with bitcoin and some other cryptos Asic miners get built and take over the gpu's, but are some cryptos being made like ethereum to help the lone gpu miner?!
GPU mining should be around for a long time. The alt algos are designed to make it more difficult to build an asic. There are many different algos and each one needs ts own asic to mine. And finally there has to be enough demand for it to be profatible. The Ethereum mining will last about 10 months. If we cannot make ROI in 10 months, we should not buy more GPU. Do you know any other coins have the similar potential? You only need 40 days. A r9 280 is making $3.5 a day... So you think the price will not drop in 40 days or the difficulty will not catch up in the period? Don't think in such short terms, especially if you're buying new equipment. When ETH melts there will be another coin to mine. |
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Naughtid
Newbie
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Activity: 66
Merit: 0
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February 11, 2016, 08:53:18 AM |
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Okay, thanks for the advise so far! I see I have alot to learn about the technology yet. I'm very new to cryptocurrencies and I really see it as being something that by jumping on now could be worth it in the future.
One other question, is gpu mining going to be around for a while? I know with bitcoin and some other cryptos Asic miners get built and take over the gpu's, but are some cryptos being made like ethereum to help the lone gpu miner?!
GPU mining should be around for a long time. The alt algos are designed to make it more difficult to build an asic. There are many different algos and each one needs ts own asic to mine. And finally there has to be enough demand for it to be profatible. The Ethereum mining will last about 10 months. If we cannot make ROI in 10 months, we should not buy more GPU. Do you know any other coins have the similar potential? You only need 40 days. A r9 280 is making $3.5 a day... So you think the price will not drop in 40 days or the difficulty will not catch up in the period? Don't think in such short terms, especially if you're buying new equipment. When ETH melts there will be another coin to mine. There was no profitable coin to mine for over a year before Ethereum for most European miners. It is better to be cautious. |
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