Fjordbit
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September 25, 2012, 06:42:33 AM |
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CPU intensive hashing would opens the network to serious risks from botnet operators. Having skilled miners operating less nodes with superior hardware protects the network against attack. As soon as botnet operators realize that ltc -> btc is more profitable, watch out. LTC has been around for almost a year. It's not dead and it's probably not going to die. Like BTC, the algorithm is self adjusting so that it remains profitable to mine.
Neither algorithm adjusts to profitability. Look towards namecoin, ixcoin, iocoin, etc to see how the algorithm doesn't adjust to profitability. I say mine while the mining's good, but these alt currencies often hit a point where people begin to abandon them and there's no trading them for bitcoin, and there's no products and services built around them (i.e. no economy).
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crazyates
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September 25, 2012, 03:49:41 PM |
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I think a 5830 probably has best roi. pretty easy to get 285mh/sec out of them, with free electric thats $35 a month.
But at 100W, that's $10 a month in electricity. That's only $25 a month profit now.
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eroxors
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Think. Positive. Thoughts.
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September 25, 2012, 03:54:39 PM |
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5770, hands down. 220MH/s for $50ish. Good re-sale value.
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crazyates
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September 25, 2012, 03:59:49 PM |
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5770, hands down. 220MH/s for $50ish. Good re-sale value.
Except that the slot density for those is horrible. You'd need an entire rig of those just to get what 1 5970 can do.
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jjiimm_64
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September 25, 2012, 05:12:41 PM |
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I think a 5830 probably has best roi. pretty easy to get 285mh/sec out of them, with free electric thats $25.50 a month.
FTFU
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1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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crazyates
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September 25, 2012, 05:16:32 PM |
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I think a 5830 probably has best roi. pretty easy to get 285mh/sec out of them, with free electric thats $25.50 a month.
FTFU Umm no. Discounting electric, you will get ~ 35USD a month. After electric, it will be ~25USD. However, you'll have a 100day break even point: http://bitcoinx.com/profit/
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jjiimm_64
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September 25, 2012, 05:17:50 PM |
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I think a 5830 probably has best roi. pretty easy to get 285mh/sec out of them, with free electric thats $25.50 a month.
FTFU Umm no. Discounting electric, you will get ~ 35USD a month. After electric, it will be ~25USD. However, you'll have a 100day break even point: http://bitcoinx.com/profit/ummm, yes, that is why i crossed out the electric
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1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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crazyates
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September 25, 2012, 05:26:26 PM |
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I think a 5830 probably has best roi. pretty easy to get 285mh/sec out of them, with free electric thats $25.50 a month.
FTFU Umm no. Discounting electric, you will get ~ 35USD a month. After electric, it will be ~25USD. However, you'll have a 100day break even point: http://bitcoinx.com/profit/ummm, yes, that is why i crossed out the electric But he was correct. With free electric, it's $35/month.
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The-Real-Link
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September 26, 2012, 10:00:11 PM |
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Thought the last time I did the math on this it seemed that the 6770 was one of the more efficient choices. You could push them to the max in Afterburner (~920 MHz or so). Granted 3 cards is probably the most you could fit in a system without airflow problems and even then you'd only be pushing ~650-700 mh/sec for slightly less than the used cost of a 5970.
I'd wager the 6770s would be easier for resale and also have warranty / be brand new, etc. though so that's good.
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Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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SgtSpike
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September 26, 2012, 10:16:22 PM |
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I think a 5830 probably has best roi. pretty easy to get 285mh/sec out of them, with free electric thats $35 a month.
But at 100W, that's $10 a month in electricity. That's only $25 a month profit now. Those things draw 200w. Horribly inefficient cards. LTC has been around for almost a year. It's not dead and it's probably not going to die. Like BTC, the algorithm is self adjusting so that it remains profitable to mine. The naysayers are welcome to sit around in a circlejerk waiting to profit from nonexisting ASICs they bought six months ago while I continually make money with a GPU farm.
Except I'll be the one laughing when my ASIC farm makes more money in 5 days than you've made in 5 month.
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tacotime
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September 26, 2012, 10:58:48 PM |
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Except I'll be the one laughing when my ASIC farm makes more money in 5 days than you've made in 5 month. You won't make much of anything if everyone else with an ASIC also decides to dump. ...except for maybe a good price for me to buy at.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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420
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September 27, 2012, 03:43:20 AM |
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5770, hands down. 220MH/s for $50ish. Good re-sale value.
Except that the slot density for those is horrible. You'd need an entire rig of those just to get what 1 5970 can do. and thus, need more motherboards, etc. 5970 is still King
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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SgtSpike
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September 27, 2012, 04:21:53 AM |
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Except I'll be the one laughing when my ASIC farm makes more money in 5 days than you've made in 5 months. You won't make much of anything if everyone else with an ASIC also decides to dump. ...except for maybe a good price for me to buy at. I'm not too worried about that. If the price takes a dive, I'm holding until it stabilizes again.
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Desolator
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October 04, 2012, 02:32:11 PM |
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Just for the record, if you take the number of pre-ordered ASICs from all companies, multiply them by the likely distribution of high end vs low end hardware, and adapt it to the current GH/s level of the entire system, the result is a 5970 making slightly less than 1 BTC per month and costing a ballpark of $30 per month in electricity.
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GenTarkin
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October 04, 2012, 04:02:50 PM |
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If you dont care about power consumption, a 6870x2 is probably ur fastest ROI =) .. can be had for 200$ or less and does around 650mh/s
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crazyates
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October 04, 2012, 04:14:28 PM |
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If you dont care about power consumption, a 6870x2 is probably ur fastest ROI =) .. can be had for 200$ or less and does around 650mh/s
That is quite an interesting card, but a 6870 is pretty much a 5830, and 2 of those can be had for ~160.
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Meatball
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October 04, 2012, 04:56:03 PM |
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Just for the record, if you take the number of pre-ordered ASICs from all companies, multiply them by the likely distribution of high end vs low end hardware, and adapt it to the current GH/s level of the entire system, the result is a 5970 making slightly less than 1 BTC per month and costing a ballpark of $30 per month in electricity.
Yeah, anyone buying any new GPU hardware right now is crazy. You'll never see any RoI on it.
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AndrewBUD
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October 04, 2012, 09:06:19 PM |
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I would much prefer a 6870 over a 5830... They are better cards IMO... I have a few of each....
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| 365 | TM | | | | EZ365 is a digital ecosystem that combines the best aspects of online gaming, cryptocurrency trading and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | ..WHITEPAPER.. ..INVESTOR PITCH..
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[/tabl
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crazyates
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October 04, 2012, 09:07:46 PM |
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I would much prefer a 6870 over a 5830... They are better cards IMO... I have a few of each....
For gaming, sure, but for mining? They're not faster...then run cooler? Less power? Why do you prefer them?
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AndrewBUD
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October 04, 2012, 09:11:20 PM |
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I can get more mhash out of a 6870 vs a 5830.... I can also achieve higher, more stable overclocks..... The way I run things anyway..
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| 365 | TM | | | | EZ365 is a digital ecosystem that combines the best aspects of online gaming, cryptocurrency trading and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | ..WHITEPAPER.. ..INVESTOR PITCH..
| | | | .'M████▀▀██ ██ W█Ws'V██ ██▄▄███▀▀█ i█████m.~M████▀▀██ ███ d███████Ws'V██ ██████ ****M██████m.~███f~~__mW█ ██▀▀▀████████= Y██▀▀██W ,gm███████ g█████▄▄▄██ █A~`_WW Y█ ██!,████████ g▀▀▀███ ████▀▀`_m████i!████P W███ ██ _███▄▄▄██▀▀▀███Af`_m███ █W ███A ]███ ██ __ ~~~▀▀▀▀▄▄▄█*f_m██████ ██i!██!i███████ Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████ 8█ █▀▀█████.!██ ██████████i! █████ '█ █ █ █W M█▄▄▄██████ ██ !██ !███▄▄█ ██i'██████████ ██ Y███████████.]██████████████ █ ███████b ███ ██████ Y █ █▀▀█i!██ ████ V███ █ █W Y█████ ~~▀███▄▄▄█['███ ~~*██ | | Play | | | | │ │ ███ │ ███ │ ███ │ │ ███ ███ │ ███ ███ ███ ███ │ ███ ███ ███ ███ ███ ███ ███ ███ ███ │ │ ███ ███ │ │ │ │ │ | | Trade | | | | __▄▄████▄▄ __▄▄███████████████▄▄▄ _▄▄█████████▀▀~`,▄████████████▄▄▄ ~▀▀████▀▀~`,_▄▄███████████████▀▀▀ d█~ =▀███████████████▀▀ ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄ ,W█. *████▄▄__ ' __▄▄█████ !██P █████████████████████ W█. - ██████████████████▀ i██[ ~ ▀▀█████████▀▀▀ g███! Y███ | | Learn |
[/tabl
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