Hi guys,
I'm new to the topic of crypto-currencies and I've been reading quite a bit over the last few days and several questions came up of which the most important is the aforementioned one: What is possible with an Asrock G31m-gs, a Intel E5200 Dual Core, running at 2.3 Ghz, and a Geforce 9400gt.
- Is the geforce 9400gt capable of mining ANYTHING?
--> not only do I want to know, whether it's actually possible, but also which (alt-)coin would make sense mining.
I kinda liked Ethereum and I'm somehow favoring Litecoin (although, there is no reason for that, maybe gut feeling or sth. like that) I also read about Quark-based coins, that would be mineable with nvidia-chips, can any1 hint me further Information?
As I'm a student, and not one of those rich brags, but one of those who have to work during their studies, I'm on a budget, so I figured that I may use this crap-PC for fun, knowledge and a lil mining, until I have saved enough for buying proper hardware (was thinking about Nvidia's Geforce 750ti)
Is this device a good choice?
Is there a piece of hardware more capable for ~ the same amount of money(~140€ in my country)
As the motherboard is not that important, I could use the AsRock G31m-gs a lilttle while, correct?
I'm not hoping to become rich via mining (why would I be so naive?), certainly not, with what is affordable for me. I've read about so called hillbilly rigs, that enable you to mine 40$ a day (
http://www.cryptobadger.com/2013/04/build-a-litecoin-mining-rig-hardware/), I guess that with increased difficulty and ASICs Litecoin-Mining ~40$/day is over? (the article is over 2 yrs old)) No, I don't expect to make 40$/day. I was thinking about partly financing (maybe 1/30 or so) the first rig via crap-PC-mining (if possible. I somehow doubt that :-D)
ASICs: With my limited budget I think it'd be the best idea to mine a coin that is not heavily mined with ASICs, yet.
Any hints for good coins that probably will be around for a while?
I have a Litecoin-wallet and could easily open others, I also have already made 0.02 LTCs (yeah ... Faucets... annoying stuff ...)
A little more info on the machine:
Currently running Linux Mageia 5 up to date.
4GB ram
600W PSU, efficiency ~ 85%.
Intel E5200
Geforce 9400 GT
The Machine should if possible mine on linux, but it can run win 7, too.
I hope this post is not to confusing and I'm not totally off ... :-D
It's kinda complicated topic with lots of outdated information out there ...
I hope you don't mind asking beginner's questions (if not dumb questions)
best wishes,
karanda