Just starting mining today - Is 140-160 MH/s good?

[Roundar]

I'm a first day miner and my software is mining about 140-160 MH/s. Is this a good amount? (i'm kinda noob at this thing)

I have windows 8.1 and nvidia gtx 670


I have intel i5 4590U CPU at 3.30 GHz and 6 GB RAM

Any suggestions if i can do better?

P.S electricity costs 10 cents per kilowatt hour

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[philipma1957]

Okay I will believe you and think you are not a troll.

https://bitcoinwisdom.com/bitcoin/difficulty

160mhs earns under 1.5 cents a month before you count power costs

[Roundar]

Okay I will believe you and think you are not a troll.

What do you mean? How is your response helpful?

Edit:
Well this is my image... blocked out several parts because i get paranoid.. sorry if im blocking useful things

http://i.gyazo.com/d0e2adaa10b6768f0704dde966bdc92c.png

[philipma1957]

Okay I will believe you and think you are not a troll.

What do you mean? How is your response helpful?

read above and do not rush to judgement.


yeah you are using a gpu cad to mine really really really slow.. 

 161mhs  earns 1.1 cents a month not counting power costs.


if you are in the usa.  consider buying a used s-3 from ebay  about 85 dollars and a psu is about 80 bucks  it will do 450,000  mhs for 300 -350 watts.

your gear does 161 mhs for about 200 watts.


at 10 cents a kwatt the used s-3 loses money.

you need  cheaper power or better gear.   there are some developers here build low cost usb sticks .  sidehack will have some in July.

read this thread:

https://bitcointalk.org/index.php?topic=995675.0

[philipma1957]

these would be good for you in about 30 days they will come about


https://bitcointalk.org/index.php?topic=995675.0

[Roundar]

Oh well... I'm just a 17 year old youngster trying out some new things... I guess I was going where i shouldnt go  yet

Maybe i'll try when i get a job, some money and more knowledge(hopefully!)

[jacktheking]

I would rather invest my money in Cloud mining than in a 140-160 MH mining hardware. However, if possible, I wont invest any Bitcoin in mining - normal mining or cloud mining.

[crazyearner]

Mining with such little amount will end up costing more in power used than generating coins. Your best taking your cash to buy Bitcoin and sell later or use some form of cloud mining and build up that way. Or to use some asic equipment that is cheap. If your going to be buying anything take a look at ant miners by bitmain their fairly good and leading the way forward in powerful mining equipment. Id start somewhere with s4+ or s3 or s5s they do.

[man114]

If you just want to try it for fun just get a few USB miners or cheap ASIC. Not that I suggest it, but as an example I bought a block erupter cube for $2 recently, which is substantially more powerful than your setup. $.10 per kW/h is way more than what I pay and I still won't run things that inefficient unless I'm using it for a space heater, but it would still be better electricity spent than running the computer for the hash rate.