Rawted
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February 07, 2013, 07:23:59 PM Last edit: February 07, 2013, 08:34:52 PM by thepickingpair |
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As others have stated, you'll end up spending much more than you make with that setup. I would recommend investing in purchasing BTC/LTC before i'd suggest anyone else buy an amd gpu and solo/pool mine. the ROI is just terrible nowadays. Even high end mining farms pale in comparison to the gh/s and power consumption of the newly 'scheduled to be released' $149 BFL Jalapeno.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Gomeler
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February 07, 2013, 08:30:49 PM |
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As others have stated, you'll end up spending much more than you make with that setup. I would recommend investing in purchasing BTC/LTC before i'd suggest anyone else buy an amd gpu and solo/pool mine. the ROI is just terrible nowadays. Even high end mining farms pale in comparison to the gh/s and power consumption of the newly released $149 BFL Jalapeno.
Careful with that wording. I do agree that right now is a bad time to get into GPU mining. I'm still making ~$600 USD/month at the current conversion with my GPUs but I fully expect that in ~1 month I'll be losing money running them. At the moment I'd just wait until BFL and Avalon have their backlogs trimmed to reasonable lengths.
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Rawted
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February 07, 2013, 08:35:24 PM |
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As others have stated, you'll end up spending much more than you make with that setup. I would recommend investing in purchasing BTC/LTC before i'd suggest anyone else buy an amd gpu and solo/pool mine. the ROI is just terrible nowadays. Even high end mining farms pale in comparison to the gh/s and power consumption of the newly released $149 BFL Jalapeno.
Careful with that wording. I do agree that right now is a bad time to get into GPU mining. I'm still making ~$600 USD/month at the current conversion with my GPUs but I fully expect that in ~1 month I'll be losing money running them. At the moment I'd just wait until BFL and Avalon have their backlogs trimmed to reasonable lengths. Ha! So true! Fixed, and thanks!
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GernMiester
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February 11, 2013, 05:33:06 AM |
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I have a Dell XPS17 laptop. The system specs are as follows:
- Intel Core i7-2640m CPU @ 2.8GHz/2.8GHz - 8GB memory - 64-bit Windows 7 Ultimate - NVIDIA GeForce GT 555M
Have you not read anything or used the Search feature? This is asked nearly everyday and the answer is again, no. You are wasting hardware, time and electricity. Search for a Bitcoin Calculator. I've read quite a bit around the forums. Although I don't appreciate the undertone you replied with, I appreciate the response. You've read nothing or you wouldn't have wasted time posting. I second that. You've read nothing
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kliffen
Member
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Activity: 119
Merit: 10
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February 11, 2013, 12:45:04 PM |
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I have a Dell XPS17 laptop. The system specs are as follows:
- Intel Core i7-2640m CPU @ 2.8GHz/2.8GHz - 8GB memory - 64-bit Windows 7 Ultimate - NVIDIA GeForce GT 555M
Have you not read anything or used the Search feature? This is asked nearly everyday and the answer is again, no. You are wasting hardware, time and electricity. Search for a Bitcoin Calculator. I've read quite a bit around the forums. Although I don't appreciate the undertone you replied with, I appreciate the response. You've read nothing or you wouldn't have wasted time posting. Do you have a tracking device installed on my laptop? If not, you have no way of saying for certain what I have and haven't read. There is information all throughout this forum and finding a straight-to-the-point answer is harder than you think, especially when it comes to specific computer setups. Now, if you wouldn't mind, I'd like to end this argument, and I would appreciate if your hostility was directed elsewhere. Because people like yourself are too lazy to do the search. This in turn floods the forum with these same type of questions answered over and over and people get tired of seeing them posted. Have you ever heard of Google? Do you own research!What's your problem? This is a forum, not a wiki. He's allowed to ask questions even if you think they are stupid
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DobZombie
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February 14, 2013, 12:53:40 AM |
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Hey everyone,
Dude! Lurk moar! I trolled the forums for about 6-8 weeks before I joined. Learned a lot in that time.
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Tip Me if believe BTC1 will hit $1 Million by 2030 1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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MooC Tals
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March 05, 2013, 12:12:38 AM |
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This forum needs more visual detailed and educational how to step by step guides. Seems to be a lost noble skill. I too was hungry for information and after a few months of waiting for the asics to come out I read plenty.
The OP has made the mistake of asking stupid questions and hopefully the existing "experts" would be more mature about it and not stoop to the OP level.
To the OP good luck and read more. If you don't read then this is what you will have to expect from your peers.
Good luck
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opentoe
Legendary
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Activity: 1274
Merit: 1000
Personal text my ass....
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March 20, 2013, 04:20:15 AM |
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It is quite difficult to learn something by blindly reading a forum. Since you are unaware of what you are reading one post can point you into 30 different directions to learn more about the content in that post. Also when trying to figure something out or ask a question since you don't know it is hard to search the forum on something you don't know what to search for. That's why a lot of people just post the questions regardless if it has been out there or not. The forum has purge features and moderators to take care of spam, so let everyone post what they want, in the correct area if possible on this PUBLIC forum. If you don't like the forums "filling up" with nonsense then just skip over the thread. It's not like downloading on a 300 baud modem. Threads pop up almost instantly and isn't really wasting anyone's time.
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hardcore-fs
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March 20, 2013, 04:27:47 AM |
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ASICS are hardware, as in hard to get and expensive, but around 300 times more efficient than your setup.
Fail.... Primary school teaches us to carry the zeros for a quick calculation...... 21.4 + '00' = 2140 Mh/s or 2.14 Gh/s Then you can even * by 3 (if you can manage it) 6.420GH/s Which would make it a fairly piss poor ASIC
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BTC:1PCTzvkZUFuUF7DA6aMEVjBUUp35wN5JtF
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bonker
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March 20, 2013, 09:51:06 AM |
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ASICS are hardware, as in hard to get and expensive, but around 300 times more efficient than your setup.
The only problem with ASICs is that they probably don't exist. But thats another story......
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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March 20, 2013, 10:02:44 AM |
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ASICS are hardware, as in hard to get and expensive, but around 300 times more efficient than your setup.
The only problem with ASICs is that they probably don't exist. But thats another story...... Yes, they exist. Dozens of forums users are already hashing with one of the AVALON ASICs. If the OP wants to hash with something decent (67000 MHs), he has to buy an AVALON ASICs. But the price of batch #3 is +5000usd per unit, so the expected value is very likely to be negative.
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