Budget Mining Rig Request

[vdragon]

Dont take a picture just read me the model of the motherboard, and the model of power supply

[1715577572]

1715577572

[1715577572]

1715577572

[thepwnorbpwnd]

Dont take a picture just read me the model of the motherboard, and the model of power supply

If someone isn't even skilled enough to know if a PCIe gpu will work in their computer you shouldn't even ask that...

[Nemesis]

Its all 2011 again i see.

Price of btc invites all kind of ppl into.... quick rich scheme.

Just stick all the cards in, if it doesnt fit, cut the slot with dremel and make them fit. Do it a redneck way

[vdragon]

Use hammer if possible

[crazyates]

Its all 2011 again i see.

Price of btc invites all kind of ppl into.... quick rich scheme.

Just stick all the cards in, if it doesnt fit, cut the slot with dremel and make them fit. Do it a redneck way

Which is sucky, cuz now is a horrible time to buy hardware.

GPUs aren't worth it.
FPGAs aren't worth it.
Avalon's are expensive, and in a limited supply.
BFL hasn't shipped yet, and has a massive backlog.

What's a newbie supposed to do?

[ryantc]

Its all 2011 again i see.

Price of btc invites all kind of ppl into.... quick rich scheme.

Just stick all the cards in, if it doesnt fit, cut the slot with dremel and make them fit. Do it a redneck way

Which is sucky, cuz now is a horrible time to buy hardware.

GPUs aren't worth it.
FPGAs aren't worth it.
Avalon's are expensive, and in a limited supply.
BFL hasn't shipped yet, and has a massive backlog.

What's a newbie supposed to do?

GPUs are always better choice, at least it has some re-sale value or you can reconfigure your miner to a game machine (given you only investment 3-4 card to start)

for the rest dedicated mining machines, the worst scenario of a Tulip mania happened, those mining machines worth no more than a pile of junk.

[crazyates]

Which is sucky, cuz now is a horrible time to buy hardware.

GPUs aren't worth it.
FPGAs aren't worth it.
Avalon's are expensive, and in a limited supply.
BFL hasn't shipped yet, and has a massive backlog.

What's a newbie supposed to do?

GPUs are always better choice, at least it has some re-sale value or you can reconfigure your miner to a game machine (given you only investment 3-4 card to start)

for the rest dedicated mining machines, the worst scenario of a Tulip mania happened, those mining machines worth no more than a pile of junk.

Do you know how many 5970s and 7970s are gonna flood the market when ASICs do hit? And I mean really hit, not like this Avalon slowly-squeak-out-over-two-months shit.

[Premium]

Well I just want to put a nice GPU in my computer for gaming and whatever and then just mine when I am not gaming right?

So it servers as a dual purpose.




http://www.newegg.com/Product/Product.aspx?Item=N82E16883113197 is the computer I have

[Rawted]

Ok trolls, because I never built a computer before I should just play black ops?


Makes complete sense...

No, but because you won't take the time to read, understand, and make some sort of effort on your own, means you should go back and play Black Ops. The best answer was already given. Sell your BFL preorder for like 2500-3000, invest in a rig for litecoin. the gpu bitcoin game is long gone. You're not going to mine jack squat with 300 bucks to invest.

[Rawted]

Well I just want to put a nice GPU in my computer for gaming and whatever and then just mine when I am not gaming right?

So it servers as a dual purpose.




http://www.newegg.com/Product/Product.aspx?Item=N82E16883113197 is the computer I have

You would need to upgrade your PSU first. That PC is horrible for mining. Honestly, you'd probably save money by building an all new rig. Any respectable amd gpu rig is going to need more than 300w.

[vdragon]

Which is sucky, cuz now is a horrible time to buy hardware.

GPUs aren't worth it.
FPGAs aren't worth it.
Avalon's are expensive, and in a limited supply.
BFL hasn't shipped yet, and has a massive backlog.

What's a newbie supposed to do?

GPUs are always better choice, at least it has some re-sale value or you can reconfigure your miner to a game machine (given you only investment 3-4 card to start)

for the rest dedicated mining machines, the worst scenario of a Tulip mania happened, those mining machines worth no more than a pile of junk.

Do you know how many 5970s and 7970s are gonna flood the market when ASICs do hit? And I mean really hit, not like this Avalon slowly-squeak-out-over-two-months shit.

 I have been listening to "ASIC is coming, run for cover" since september 2012 ... In last 6 months I have bought almost 60x 7950, they all payed for themselves like 4X. When ASIC becomes mainstream, which wont be that fast, I can even give away the cards to neighbourhood kids.

 So on that note, 1-2 cards, if its a gaming rig, wont hurt anyone

[Rawted]

Which is sucky, cuz now is a horrible time to buy hardware.

GPUs aren't worth it.
FPGAs aren't worth it.
Avalon's are expensive, and in a limited supply.
BFL hasn't shipped yet, and has a massive backlog.

What's a newbie supposed to do?

GPUs are always better choice, at least it has some re-sale value or you can reconfigure your miner to a game machine (given you only investment 3-4 card to start)

for the rest dedicated mining machines, the worst scenario of a Tulip mania happened, those mining machines worth no more than a pile of junk.

Do you know how many 5970s and 7970s are gonna flood the market when ASICs do hit? And I mean really hit, not like this Avalon slowly-squeak-out-over-two-months shit.

 I have been listening to "ASIC is coming, run for cover" since september 2012 ... In last 6 months I have bought almost 60x 7950, they all payed for themselves like 4X. When ASIC becomes mainstream, which wont be that fast, I can even give away the cards to neighbourhood kids.

 So on that note, 1-2 cards, if its a gaming rig, wont hurt anyone

Did you invest actual fiat to buy those 60 cards, or convert early adoption BTC for them? There's a big difference.

There is no way to make a profit off BTC unless you get that many gpus going on a farm. For the average person, it's completely unfeasible to spend tens of thousands (or in your case 50k+) to get a return of a few hundred dollars a month. Combine that with the fact that more ASICs are coming out very fast, and i hope you can understand why people say it's not worth it.

[vdragon]

I have been been more than 2 years in this mining bussines. I invested actual money, and saved the bitcoins, I run 80GHs at this moment, last 15GHs in a form of 30 Gigabyte 7950s were added about 20 days ago. Those were bought with btc money, rest 65GHs was bought over 2 years for actual money. The only mistake I made was because I have sold 15000btc@19 USD ... Altough the 3000 sold @47 made up for it... Currently making 20btc@day through litecoin. So as I said, 1-2 cards, bought cheaply comapred to what early adopters were paying, wont hurt anyone, especially if their primary use is gaming

[Nemesis]

I have been been more than 2 years in this mining bussines. I invested actual money, and saved the bitcoins, I run 80GHs at this moment, last 15GHs in a form of 30 Gigabyte 7950s were added about 20 days ago. Those were bought with btc money, rest 65GHs was bought over 2 years for actual money. The only mistake I made was because I have sold 15000btc@19 USD ... Altough the 3000 sold @47 made up for it... Currently making 20btc@day through litecoin. So as I said, 1-2 cards, bought cheaply comapred to what early adopters were paying, wont hurt anyone, especially if their primary use is gaming

The problem with GPU farm isnt the ROI or the risk. You can resale the GPU and recoup 50% cost, the return is good now since price has be doubled.

The problem is scaling. Most ppl dont have a luxury of dedicated 100-200A and cooling for the farm.

The price WILL drop once ASICs flood out. That is certain as the cost of mining is greatly reduced.

[Rawted]

I have been been more than 2 years in this mining bussines. I invested actual money, and saved the bitcoins, I run 80GHs at this moment, last 15GHs in a form of 30 Gigabyte 7950s were added about 20 days ago. Those were bought with btc money, rest 65GHs was bought over 2 years for actual money. The only mistake I made was because I have sold 15000btc@19 USD ... Altough the 3000 sold @47 made up for it... Currently making 20btc@day through litecoin. So as I said, 1-2 cards, bought cheaply comapred to what early adopters were paying, wont hurt anyone, especially if their primary use is gaming

Very interesting, thanks for the response. I'm amazed at your farm and success, congratulations!

[ryantc]

vdragon, that's really an impressive farm you're running.
 

[ryantc]

Well I just want to put a nice GPU in my computer for gaming and whatever and then just mine when I am not gaming right?

So it servers as a dual purpose.




http://www.newegg.com/Product/Product.aspx?Item=N82E16883113197 is the computer I have

(2/3) PCI-E x1
(1/1) PCI-E x16

according to the spec on newegg, you can put one video card in a pcie 16 slot. the best you can get within your budget is a 7950.

if you want to convert your machine into a dedicated miner, you can put maximum 3 video cards, since one of your pcie x1 is occupied by some card already. 

[Premium]

So I can put a 7xxxx in there and put just plug it in and it will work?

[Rawted]

So I can put a 7xxxx in there and put just plug it in and it will work?

No, you need to update your PSU before doing anything.

[scifimike12]

I'm pretty sure you could put a HD 7750 in there without any problems.  It runs off of the PCIe bus.