Would this work?

[logansryche]

oh i know - i'm waiting for asics to actualy come out, that's the future of mining. In the meantime, I have a bucket of lga775 cpus floating around the bedroom somewhere so not worried about browning it out. Your points are valid, but at this point unless someone's willing to send me a card on an investment, I'll stick with what I have.

[Meatball]

You might make out better just buying BTC.  Buy 1 BTC a month for $10 and you'd spend about the same amount of money you are spending on power and get 99 times the BTC you are mining

[logansryche]

well I do have an ad on BTCJam but that's for a totaly different reason and doubt anyone will fulfil... I may make another ad for a card, I dunno.

[RaTTuS]

you'll make more from using http://www.bitvisitor.com/

[logansryche]

you'll make more from using http://www.bitvisitor.com/

Interesting site - I'll have to give it and cointube.tv a run. Apreciate the redirect.

EDIT: Going to wait until this block is finished, or reach 0.1btc before I pull the cpu miner. I enjoy choking the life out of this intel desktop, it was in a house fire before I got it, and I need it for a habbo hotel server.

[Meatball]

Here you go.  Radeon 6450, $15 after rebate.  Still sucks for mining, but will produce about 25-35x what you are producing now while only using about 20 more watts of power.

[logansryche]

wish i found one of those last month to play with when I had money to play with >.<
A member here on the forum offered to sell me his 5830 for $75 plus shipping, but meh.
I also had the off idea last night to build a converter box that converts a pcie port to 8 since I have the slots for em.

[100%digital]

...one of the best threads i've seen in a while -no doubt.

now /thread already.

[logansryche]

Just put a bid on a 4350 on listia, it's crap in m/hs but better then cpu mining.

[jjiimm_64]

Just put a bid on a 4350 on listia, it's crap in m/hs but better then cpu mining.

not really.  still only .71 cents in a month...  still spending 4-8 dollars in electricity for .71

https://en.bitcoin.it/wiki/Mining_hardware_comparison

[jwzguy]

Just put a bid on a 4350 on listia, it's crap in m/hs but better then cpu mining.

not really.  still only .71 cents in a month...  still spending 4-8 dollars in electricity for .71
https://en.bitcoin.it/wiki/Mining_hardware_comparison

Amazing that people haven't lined up around the block to invest with someone who has this incredible business acumen.

[logansryche]

not really.  still only .71 cents in a month...  still spending 4-8 dollars in electricity for .71

https://en.bitcoin.it/wiki/Mining_hardware_comparison

Yes well, 10 m/hs is better then 1.3 m/hs, yes? The card I wanted someone was selling for 15,000 credits.
Way more then I'll ever see. If I win it, It'll do for now. Small steps.

[jjiimm_64]

not really.  still only .71 cents in a month...  still spending 4-8 dollars in electricity for .71

https://en.bitcoin.it/wiki/Mining_hardware_comparison

Yes well, 10 m/hs is better then 1.3 m/hs, yes?

NO, its not...

and it hasn't been since about june of 2011.

since you obviously have free electricity,  maybe we should make a deal,  i send you cards, you make em run, and i will give you 10% of all hashing..

a couple of 5870's will be over 800Mh.


edit:
seriously, dont you get the fact that someone is paying 8 dollars for you to make 10c (71c with new card)....a month?

seriously..  lets call it 50 cents.... a month?  are you in the USA? 

drives me crazy....

[logansryche]

NO, its not...
and it hasn't been since about june of 2011.
since you obviously have free electricity,  maybe we should make a deal,  i send you cards, you make em run, and i will give you 10% of all hashing.. a couple of 5870's will be over 800Mh.

Aww damn, was so gonna take ya up on that offer, pity I only have one PCIE slot.

seriously, dont you get the fact that someone is paying 8 dollars for you to make 10c (71c with new card)....a month?
seriously..  lets call it 50 cents.... a month?  are you in the USA?  drives me crazy....

Did I break your brain? Awesome. I am in the USA, and while power isn't free to me, I could probly get away with running a few 6990s for a few months before noticing any power increase but since I only have one PCIE slot to play with my options are to get what I can afford or attempt to build a FPGA or a PCIE exter or something.

[Shermo]

This thread is awesome... electricity that isn't free and you are unable to grasp basic maths that say you are utterly wasting money and ruining the environment for absolutely nothing...

It's marginally understandable to run CPU's or low-end GPU's if you get free electricity from accommodation / work... but otherwise... WHY??

[jjiimm_64]

Aww damn, was so gonna take ya up on that offer, pity I only have one PCIE slot.

I would send you one, but the shipping would cost more then i would make from the saved electricity..  sorry.

hmmm, cost benefit analysis.  so thats what that means.


That being said, if your doing it for the 'fun' factor, like when we used to do seti at home. that would make more sense.  Why dont you do some protein folding or something like that?

[Meatball]

Did I break your brain? Awesome. I am in the USA, and while power isn't free to me, I could probly get away with running a few 6990s for a few months before noticing any power increase but since I only have one PCIE slot to play with my options are to get what I can afford or attempt to build a FPGA or a PCIE exter or something.

Ah, you'd be surprised at how quick someone will notice spikes in power usages/bills.  A Radeon 6990 will easily draw 350-400 watts at full load and hash somewhere in the neighborhood of 750 mh/s depending on overclock.  Now assuming you can get a few of them, which will run you $300-$400 each, even for used ones on eBay, two of them in a a hashing machine is going to probably use up 800-900 watts for about 1.5 GH/sec.

Now let's talk to our old buddy math.

If your power rate is 5 cents/kwh (crazy low)
 - (900 Watts * 24 Hours * 30 Days /1000) = 648 Kilowatt/hours * .05 = $32.40 Power Cost.

10 cents/kwh (Low to average US):
 - (900 Watts * 24 Hours * 30 Days /1000) = 648 Kilowatt/hours * .10 = $64.80 Power Cost.

20 cents/kwh (High in most of the US, Low in California)
 - (900 Watts * 24 Hours * 30 Days /1000) = 648 Kilowatt/hours * .20 = $129.60 Power Cost.

None of those are particularly bad because at current rates, you'll be producing about 16 BTC a month worth about $175, making a profit of anywhere from $142 to $45 after you pull out your power costs.  Then again, you still have at least $600 worth of video cards you need to pay off, so in the absolute best case scenario, you're looking at 4.2 months before you even break even.

You also can't forget that difficulty will probably go up every two weeks and you'll be making less as time goes on and that 4.2 months could easily stretch out to 5 or 6 months.  And I don't know about you, but I'm sure any landlord/parent/boss is going to notice a $100 jump in a power bill really quick.

Finally, if you consider that there's a very good chance that within 2-3 months ASIC's will start arriving and those two 6990's that were producing 16 BTC could very soon only be producing .5-.8 BTC a month while still racking up the same power costs, you might want to rethink _any_ GPU purchase at all.

All in all, at least do some calculations to figure out if you are at least making back what you are spending in power with an eye towards the fact that what you are making today will not be what you are making in a month, 3 months or 6 months time.

[jjiimm_64]

One last thing and then ill stop..

 I am in the USA, and while power isn't free to me

So we know you pay for power.

I could probly get away with running a few 6990s for a few months before noticing any power increase

And now we know you have an extra hundred a month that "you wouldn't even notice".

Since you have all this extra money, buy yourself a 7970.  you can get almost 3Mh per watt....  


edit:  We may have been 'trolled'

[logansryche]

Ah, you'd be surprised at how quick someone will notice spikes in power usages/bills.  A Radeon 6990 will easily draw 350-400 watts at full load and hash somewhere in the neighborhood of 750 mh/s depending on overclock.  Now assuming you can get a few of them, which will run you $300-$400 each, even for used ones on eBay, two of them in a a hashing machine is going to probably use up 800-900 watts for about 1.5 GH/sec.

Now let's talk to our old buddy math.

If your power rate is 5 cents/kwh (crazy low)
 - (900 Watts * 24 Hours * 30 Days /1000) = 648 Kilowatt/hours * .05 = $32.40 Power Cost.

10 cents/kwh (Low to average US):
 - (900 Watts * 24 Hours * 30 Days /1000) = 648 Kilowatt/hours * .10 = $64.80 Power Cost.

20 cents/kwh (High in most of the US, Low in California)
 - (900 Watts * 24 Hours * 30 Days /1000) = 648 Kilowatt/hours * .20 = $129.60 Power Cost.

None of those are particularly bad because at current rates, you'll be producing about 16 BTC a month worth about $175, making a profit of anywhere from $142 to $45 after you pull out your power costs.  Then again, you still have at least $600 worth of video cards you need to pay off, so in the absolute best case scenario, you're looking at 4.2 months before you even break even. You also can't forget that difficulty will probably go up every two weeks and you'll be making less as time goes on and that 4.2 months could easily stretch out to 5 or 6 months.  And I don't know about you, but I'm sure any landlord/parent/boss is going to notice a $100 jump in a power bill really quick. Finally, if you consider that there's a very good chance that within 2-3 months ASIC's will start arriving and those two 6990's that were producing 16 BTC could very soon only be producing .5-.8 BTC a month while still racking up the same power costs, you might want to rethink _any_ GPU purchase at all. All in all, at least do some calculations to figure out if you are at least making back what you are spending in power with an eye towards the fact that what you are making today will not be what you are making in a month, 3 months or 6 months time.

I think you missed my point. Firstly, My IF I could afford any 6990s, I could run 6 consistently for 6mos before noticing anything in my power bill. Secondly, desktop only has ONE PCIE slot so unless I can magically make a port extender appear, I'd only be able to run one card of any card I can afford.

So we know you pay for power.

I don't, but the owner of the house lets me see the bill.

And now we know you have an extra hundred a month that "you wouldn't even notice".
Since you have all this extra money, buy yourself a 7970.  you can get almost 3Mh per watt.... 

I never said I could afford 6990s, but with what they pull, I know what the system here at the house can handle.

[Meatball]

I think you missed my point. Firstly, My IF I could afford any 6990s, I could run 6 consistently for 6mos before noticing anything in my power bill. Secondly, desktop only has ONE PCIE slot so unless I can magically make a port extender appear, I'd only be able to run one card of any card I can afford.

I never said I could afford 6990s, but with what they pull, I know what the system here at the house can handle.

Call me majorly impressed if you can hide almost 2000 kilowatt hours worth of power use per month.