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Author Topic: Need some tips to start mining at low/no electricity cost.  (Read 812 times)
tocarace (OP)
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June 07, 2016, 12:50:15 AM
 #1

Hello everyone, I'm new at this post, I want to know if it is possible to make some money mining with a GPU (GTX 750 TI) I live in Venezuela and here the electricity is pretty cheap for mining, I just want to know if I can make some bucks with a small scale gpu, I know that it is a pretty shitty gpu but that's all i can get so please calm your tits, that's all I can get. ThanksBTC.
xhomerx10
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June 07, 2016, 12:53:17 AM
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Need more information to make any sort of determination.  Exactly how cheap is your electricity?
Please show the cost in $/kWhr
tocarace (OP)
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June 07, 2016, 01:19:02 AM
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It is really really cheap, I can't really say you how cheap it is but I pay like 0.3$/month for a big house (in electricity), let's say like .03$/kWhr maybe less. Cheesy
xhomerx10
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June 07, 2016, 01:35:43 AM
 #4

PeriodRevenue(ETH) Revenue(USD)Cost
Min 0 00
Hour00.03 0
Day 0.10.82 0.03
Week 0.72 5.76 0.2
Month3.01 24.10.86
Year 28.03 224.24 10.51

 This is mining ETH and I assumed $.03 per kWhr and used ~40 watts power consumption for the 750Ti
Cashsyur
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June 07, 2016, 01:38:48 AM
 #5

you can use solar system, but you need more money to start it in first time.
tocarace (OP)
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June 07, 2016, 01:41:04 AM
 #6

Damn, nvm  Shocked it seems like a waste of time, do you have a recomendation? antminer s3 overlocked goes like 500 gh/s and i get like 13$ week  Undecided
xhomerx10
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June 07, 2016, 01:48:13 AM
 #7

I don't have any recommendations presently.  The halving is nearly upon us so I think it would be silly to purchase a new bitcoin miner at this time.  Used miners might be the only option but I've been out of the bitcoin mining game since the Asicminer Tubes.
philipma1957
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June 07, 2016, 03:16:08 AM
 #8

Hello everyone, I'm new at this post, I want to know if it is possible to make some money mining with a GPU (GTX 750 TI) I live in Venezuela and here the electricity is pretty cheap for mining, I just want to know if I can make some bucks with a small scale gpu, I know that it is a pretty shitty gpu but that's all i can get so please calm your tits, that's all I can get. ThanksBTC.

  not a good gpu  can you get this one amd r9 380?

  that would make about 40 usd a month after power. you need to mine eth coin.

1 r9 380 uses 170 - 175 watts in a pc.


but I am not perfectly sure about  the one you have as I use amd gpu's  to mine eth coin.


if you want to mine btc no gpu works.

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Amph
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June 07, 2016, 05:45:09 AM
 #9

you can use solar system, but you need more money to start it in first time.

not worth it, for the simple reason that solar panel cover only 4 hours a day in the best case scenario, maybe six at max

so you need to invest really really big with them, which make roi impossible to achieve
xhomerx10
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June 07, 2016, 11:57:22 AM
 #10

you can use solar system, but you need more money to start it in first time.

   He says he has cheap power and he reckons it's $.03 per kWhr.  Solar power is expensive by comparison!

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