MoonShadow (OP)
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November 21, 2012, 01:14:49 AM |
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I have an outbuilding that is electrically heated, and desire to repace one of the two electric baseboard heaters with a GPU based mining rig. Since my primary goal is to heat my space, the rise of ASICs and the halving of the block reward are not concerns of mine. However, the cost of the rig certainly is. I'm looking for a real deal. If you're thinking of getting out of the mining business, selling your entire rig to me at a discount is less work than disassembling it to sell the GPU's to gamers.
Anyone who is interested, please post in this thread or PM me. I need to know details of the rig, shipping concerns, etc. As well as some evidence that I'm not buying a pig in a poke.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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CoinHoarder
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Activity: 1484
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In Cryptocoins I Trust
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November 21, 2012, 01:35:11 AM |
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Meatball
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November 21, 2012, 03:49:15 AM |
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I have an outbuilding that is electrically heated, and desire to repace one of the two electric baseboard heaters with a GPU based mining rig. Since my primary goal is to heat my space, the rise of ASICs and the halving of the block reward are not concerns of mine. However, the cost of the rig certainly is. I'm looking for a real deal. If you're thinking of getting out of the mining business, selling your entire rig to me at a discount is less work than disassembling it to sell the GPU's to gamers.
Anyone who is interested, please post in this thread or PM me. I need to know details of the rig, shipping concerns, etc. As well as some evidence that I'm not buying a pig in a poke.
Moon, you might want to rethink that idea. You could very likely end up spending more money for power to run the GPU rig as opposed to heating the outbuilding normally and buying BTC straight up. For example, if it costs you $20 to run your GPU's to heat that building and you make 1 BTC, you might have paid much less out of pocket to heat the building and buy the 1 BTC. Crunch some numbers and see if it's really worthwhile. |
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MoonShadow (OP)
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Activity: 1708
Merit: 1007
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November 21, 2012, 05:56:38 AM |
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I have an outbuilding that is electrically heated, and desire to repace one of the two electric baseboard heaters with a GPU based mining rig. Since my primary goal is to heat my space, the rise of ASICs and the halving of the block reward are not concerns of mine. However, the cost of the rig certainly is. I'm looking for a real deal. If you're thinking of getting out of the mining business, selling your entire rig to me at a discount is less work than disassembling it to sell the GPU's to gamers.
Anyone who is interested, please post in this thread or PM me. I need to know details of the rig, shipping concerns, etc. As well as some evidence that I'm not buying a pig in a poke.
Moon, you might want to rethink that idea. You could very likely end up spending more money for power to run the GPU rig as opposed to heating the outbuilding normally and buying BTC straight up. For example, if it costs you $20 to run your GPU's to heat that building and you make 1 BTC, you might have paid much less out of pocket to heat the building and buy the 1 BTC. Crunch some numbers and see if it's really worthwhile. Obviously, I've run the numbers; but no matter how you look at it, I'm already heating with electricity. Whether or not I use a electro-resistive heater or a mining rig, 1 KWH is still going to produce the same amount of heat. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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girafon
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Activity: 60
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November 21, 2012, 06:47:43 AM |
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.. excepting the mechanical parts in mining rig  (ok .. that's .. what .. a few watts per fan, but still :p ) |
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MoonShadow (OP)
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Activity: 1708
Merit: 1007
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November 21, 2012, 01:39:56 PM |
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.. excepting the mechanical parts in mining rig (ok .. that's .. what .. a few watts per fan, but still :p ) Even the fans ultimately produce heat. And one of my heaters already has a fan anyway. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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max in montreal
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November 21, 2012, 02:10:45 PM |
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3 x 5970
1 x 890fxa-gd70
1 x cpu
1 gig ram
1 x 1k psu
110 BTC shipped
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MoonShadow (OP)
Legendary
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Activity: 1708
Merit: 1007
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November 21, 2012, 02:23:32 PM |
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3 x 5970
1 x 890fxa-gd70
1 x cpu
1 gig ram
1 x 1k psu
110 BTC shipped
My calcs imply that I couldn't expect to make one block at the current difficulty with that setup before the heating season was over. It would take four winters to pay for itself, assuming difficulty doesn't rise during that time, not counting any electric costs. That is never going to happen. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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max in montreal
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November 21, 2012, 02:31:15 PM |
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what are you expecting to pay..or hoping to pay?
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Meatball
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November 21, 2012, 03:02:40 PM |
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3 x 5970
1 x 890fxa-gd70
1 x cpu
1 gig ram
1 x 1k psu
110 BTC shipped
My calcs imply that I couldn't expect to make one block at the current difficulty with that setup before the heating season was over. It would take four winters to pay for itself, assuming difficulty doesn't rise during that time, not counting any electric costs. That is never going to happen. You're not going to make hardly anything with any GPU mining over the heating season regardless. With the reward dropping to 25 and ASIC's on the near horizon you're looking at a 20-40x difficulty increase :p A killer GPU rig with 2 GH/second at 20x difficulty is going to pull in about .9 BTC a month... |
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AndrewBUD
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November 21, 2012, 03:17:57 PM |
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20x difficulty? Your assuming ASIC's will be in peoples hands in the next 3 months.. That is not likely.. I sent you a PM about a mining rig that I would be willing to sell. It mines @ 2ghash and I think max' asking price is ludacris |
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max in montreal
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November 21, 2012, 04:04:34 PM |
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20x difficulty? Your assuming ASIC's will be in peoples hands in the next 3 months.. That is not likely.. I sent you a PM about a mining rig that I would be willing to sell. It mines @ 2ghash and I think max' asking price is ludacris what are you asking? |
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AndrewBUD
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November 21, 2012, 04:15:33 PM |
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Half of your asking price  |
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365 |
TM | | | |
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max in montreal
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November 21, 2012, 04:50:23 PM |
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hardware must be cheap in sarnia!  |
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AndrewBUD
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November 21, 2012, 04:54:14 PM |
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? It's what it's worth in my eyes.
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365 |
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max in montreal
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November 21, 2012, 05:11:56 PM |
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cards are going for about 280 on ebay. mb 90, ram and cpu...and the psu?
If i could get that for under 1000$ i would jump at it too...
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CoinHoarder
Legendary
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Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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November 21, 2012, 05:13:46 PM |
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It would be a better idea to mine Litecoins than Bitcoins. Your heating will actually be profitable compared to it being non profitable mining Bitcoins here in a couple weeks.
You won't make as much as BTC mining, but at least it's free heat + a little spare $$.
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CoinHoarder
Legendary
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Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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November 21, 2012, 05:15:42 PM |
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cards are going for about 280 on ebay. mb 90, ram and cpu...and the psu?
If i could get that for under 1000$ i would jump at it too...
That isn't an insane price, but it is on the high end for used equipment on this site. I've bought quite a few 5970s for $200 on here recently. |
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bcpokey
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November 21, 2012, 05:22:16 PM |
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cards are going for about 280 on ebay. mb 90, ram and cpu...and the psu?
If i could get that for under 1000$ i would jump at it too...
That isn't an insane price, but it is on the high end for used equipment on this site. I've bought quite a few 5970s for $200 on here recently. ebay = 13% off the top guaranteed as well (to ebay and paypal). People alwaaaays neglect to mention that. Half is a pretty good deal though imho. |
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MoonShadow (OP)
Legendary
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Activity: 1708
Merit: 1007
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November 21, 2012, 07:13:31 PM |
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It would be a better idea to mine Litecoins
Why would I want to mine for Betamax when VHS already has the market locked up? IMHO, litecoins are never going to amount to anything, simply because there is no niche market for them that bitcoin itself couldn't compete in. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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