GambitBTC (OP)
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March 28, 2013, 11:40:13 PM |
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Looking to start mining LTC, anyone got referrals?
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bitcoinnix
Newbie
Offline
Activity: 56
Merit: 0
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March 29, 2013, 12:45:12 AM |
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Looking to start mining LTC, anyone got referrals?
The one you already have - it's not worth buying new gear. The difficulty will only go up from here and it's already just barely profitable. Money better spent buying LTC while they're under $1
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tacotime
Legendary
Offline
Activity: 1484
Merit: 1005
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March 29, 2013, 02:06:39 AM |
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The difficulty will only go up from here and it's already just barely profitable I know, it's awful making $40 a day right now on 6 mh/s. OP: 7950s.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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GambitBTC (OP)
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March 29, 2013, 03:06:23 AM |
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What if i had say 1500$ to invest into it though? Like would multiple rigs be worth it?
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tacotime
Legendary
Offline
Activity: 1484
Merit: 1005
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March 29, 2013, 03:37:27 AM |
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No, get a 3x pcie x16 mobo, 3 7950s, a cheap cpu, a gold 850w power supply, 8 gb of ram, and a cheap hdd and you're good to go
This was my first rig, it paid for itself in about 4 months.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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Nolo
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March 29, 2013, 05:16:52 AM |
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Looking to start mining LTC, anyone got referrals?
The one you already have - it's not worth buying new gear. The difficulty will only go up from here and it's already just barely profitable. Money better spent buying LTC while they're under $1 This disastrously horrible advice has been given for years now. If you look back through the forum, people have been saying this since atleast 2011. Listen to Taco.
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Charlie Kelly: I'm pleading the 5th. The Attorney: I would advise you do that. Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor? The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law. 19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC
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shinkicker
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March 29, 2013, 10:37:03 AM |
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The difficulty will only go up from here and it's already just barely profitable I know, it's awful making $40 a day right now on 6 mh/s. OP: 7950s. So you mine 80 coins a day?
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xorxor
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March 29, 2013, 01:59:17 PM |
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No, get a 3x pcie x16 mobo, 3 7950s, a cheap cpu, a gold 850w power supply, 8 gb of ram, and a cheap hdd and you're good to go
This was my first rig, it paid for itself in about 4 months.
this is not best hashes per money, but absolutely perfect for first time rig builder, do that. and remember "cheap" mean the cheapest you can find. I would only get more power for PSU, but i know thats not a popular view to have a 30% power reserve, but thats my way. just for fun[not for beginers], the best hashes for buck: many pcie-1x mobo + 1-2 16x , way chaper than 3* 16x 3-5 * pcie-1x -16x risers 5-6 * 6950 / 6970 no-case for superb cooling tacos way is much better for beginers beacause of availability and ease of build.
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fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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KWH
Legendary
Offline
Activity: 1960
Merit: 1052
In Collateral I Trust.
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March 29, 2013, 02:07:44 PM |
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It is worthwhile to mine LTC as the value has risen in the recent past. You won't get rich overnight but it is profitable. Difficulty has risen as well so do your homework on the amount of coins you may receive. Have fun!
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When the subject of buying BTC with Paypal comes up, I often remember this:
Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein
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FatMagic
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March 29, 2013, 03:03:14 PM |
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No, get a 3x pcie x16 mobo, 3 7950s, a cheap cpu, a gold 850w power supply, 8 gb of ram, and a cheap hdd and you're good to go
This was my first rig, it paid for itself in about 4 months.
this is not best hashes per money, but absolutely perfect for first time rig builder, do that. and remember "cheap" mean the cheapest you can find. I would only get more power for PSU, but i know thats not a popular view to have a 30% power reserve, but thats my way. just for fun[not for beginers], the best hashes for buck: many pcie-1x mobo + 1-2 16x , way chaper than 3* 16x 3-5 * pcie-1x -16x risers 5-6 * 6950 / 6970 no-case for superb cooling tacos way is much better for beginers beacause of availability and ease of build. Xorxor - tell me more about this build. I'm curious. Do you have a picture of what this build would look like? I've built crapload of PCs, but never built one complete without a case... just interested in how it would look completed. Also what is the hash output you are getting on this for LTC?
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Bitobsessed
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March 29, 2013, 03:20:38 PM |
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No, get a 3x pcie x16 mobo, 3 7950s, a cheap cpu, a gold 850w power supply, 8 gb of ram, and a cheap hdd and you're good to go
This was my first rig, it paid for itself in about 4 months.
this is not best hashes per money, but absolutely perfect for first time rig builder, do that. and remember "cheap" mean the cheapest you can find. I would only get more power for PSU, but i know thats not a popular view to have a 30% power reserve, but thats my way. just for fun[not for beginers], the best hashes for buck: many pcie-1x mobo + 1-2 16x , way chaper than 3* 16x 3-5 * pcie-1x -16x risers 5-6 * 6950 / 6970 no-case for superb cooling tacos way is much better for beginers beacause of availability and ease of build. Xorxor - tell me more about this build. I'm curious. Do you have a picture of what this build would look like? I've built crapload of PCs, but never built one complete without a case... just interested in how it would look completed. Also what is the hash output you are getting on this for LTC? Here you go, this should help a bit. https://bitcointalk.org/index.php?topic=29729.0
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tacotime
Legendary
Offline
Activity: 1484
Merit: 1005
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March 29, 2013, 03:24:12 PM Last edit: March 29, 2013, 03:49:06 PM by tacotime |
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this is not best hashes per money, but absolutely perfect for first time rig builder, do that. and remember "cheap" mean the cheapest you can find. I would only get more power for PSU, but i know thats not a popular view to have a 30% power reserve, but thats my way.
No need, this rig only pulls 525w from the wall. This is my major gripe against 69xx cards, my 4x 6950 rig pulls 850w and 1.6 MH/s while my 3x 7950 rig pulls 1.6 MH/s and 525w.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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meebs
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March 29, 2013, 04:58:52 PM |
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No, get a 3x pcie x16 mobo, 3 7950s, a cheap cpu, a gold 850w power supply, 8 gb of ram, and a cheap hdd and you're good to go
This was my first rig, it paid for itself in about 4 months.
this is not best hashes per money, but absolutely perfect for first time rig builder, do that. and remember "cheap" mean the cheapest you can find. I would only get more power for PSU, but i know thats not a popular view to have a 30% power reserve, but thats my way. just for fun[not for beginers], the best hashes for buck: many pcie-1x mobo + 1-2 16x , way chaper than 3* 16x 3-5 * pcie-1x -16x risers 5-6 * 6950 / 6970 no-case for superb cooling tacos way is much better for beginers beacause of availability and ease of build. Xorxor - tell me more about this build. I'm curious. Do you have a picture of what this build would look like? I've built crapload of PCs, but never built one complete without a case... just interested in how it would look completed. Also what is the hash output you are getting on this for LTC? Here you go, this should help a bit. https://bitcointalk.org/index.php?topic=29729.0ugh.. I wish i had known about this guide back last fall when i got started.. oh wellz
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xorxor
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March 29, 2013, 05:02:59 PM |
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No, get a 3x pcie x16 mobo, 3 7950s, a cheap cpu, a gold 850w power supply, 8 gb of ram, and a cheap hdd and you're good to go
This was my first rig, it paid for itself in about 4 months.
this is not best hashes per money, but absolutely perfect for first time rig builder, do that. and remember "cheap" mean the cheapest you can find. I would only get more power for PSU, but i know thats not a popular view to have a 30% power reserve, but thats my way. just for fun[not for beginers], the best hashes for buck: many pcie-1x mobo + 1-2 16x , way chaper than 3* 16x 3-5 * pcie-1x -16x risers 5-6 * 6950 / 6970 no-case for superb cooling tacos way is much better for beginers beacause of availability and ease of build. Xorxor - tell me more about this build. I'm curious. Do you have a picture of what this build would look like? I've built crapload of PCs, but never built one complete without a case... just interested in how it would look completed. Also what is the hash output you are getting on this for LTC? here you have a simpliest easiest no case + riser solution. [not mine] https://bitcointalk.org/index.php?topic=7216.msg1629906#msg1629906but search that topic, you can find incredible ideas and beautifuly ugly gigantic rigs. when on risers ond not in case, you get easy 15*C lower temps. that gives you a 480kh per unmoded 6950 and that is number you cant beat in scrypt mining per-buck performance.
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fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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FatMagic
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March 29, 2013, 05:11:53 PM |
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Xorxor, Taco & Bitobsessed -
Thank you very much, that's exactly what I was looking for.
Taco - so the best "hash for the cash" with scrypt are the 7950's? I'm going to price these out with the specs you gave, that's great thank you. And did you solo mining to make back your investment on this rig? Or pool mine? My current frankenstein non-power efficient rigs are only putting out about 700 Mh/s for scrypt. I'd like to find the right rig to invest in, and then make back my investment through LTC.
Looking forward to your response (really like learning from you guys).
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KWH
Legendary
Offline
Activity: 1960
Merit: 1052
In Collateral I Trust.
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March 29, 2013, 06:45:04 PM |
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I would probably go with a single rail PSU, don't skimp here. Ideally you would want the max load of your box around 80% or less of rated power. Think ahead for additional or better GPUs. Weak PSU will cause many headaches.
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When the subject of buying BTC with Paypal comes up, I often remember this:
Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein
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matauc12
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March 29, 2013, 08:03:48 PM |
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If you don't want your current PSU to go to waste, you can buy another good quality low watt PSU (550-700w are roughly 1/4 of the price of 1200w PSU) and short the green and a black wire between both PSUs atx connectors. (Obviously this would only really work with a ceaseless solution and a bit more ghetto). But it does save you almost 200$ and avoids a PSU being useless.
Everything else looks good. Perhaps maybe grab an additional riser for flexibity with cooling.
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FatMagic
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March 30, 2013, 04:28:38 AM |
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Excellent thank you all -- a few more questions, and I'll go buy my equipment... I'm going to run 2x 5850s and 2x 7950s on the same mobo (linked in previous posts), it has 2x PCI x16, and 2x PCI x1 - I'm going to purchase the risers from Cablesaurus, and I assume I need the "powered" risers for each. TWO x1 > x16 powered and TWO x16 > x16 powered risers. I'm going to build that nice 3/4" aluminum frame that you linked before, so I need it all on risers. Here is the PSU I would like to purchase: Rosewill Xtreme Series RX850-S-B 850W Continuous @40°C, 80 PLUS CertifiedThat's the "idea" - and here are my questions about it, that I'm not 100% sure on. (1) With regards to powered risers, I'm assuming I need to plug in a 4-pin molex to each powered riser for each card? That's 4 additional 4-pin molex's I need to consider. (2) Can I make it work with two of the cards on the mobo, and two of the cards on risers? This would help molex availability from the PSU for sure, and save on cost of buying more risers. (3) If I do have to purchase all four risers, can the PSU I have listed above handle these four cards WITH the powered molexes in consideration? Thanks for the help guys... hope to hear back soon, I want to pull the trigger and purchase these for LTC mining sooner rather than later due to the difficulty jumping up faster now.
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JordanL
Donator
Sr. Member
Offline
Activity: 294
Merit: 250
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March 30, 2013, 09:30:35 AM |
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Thanks for the info in this thread, guys. I'm considering renting a few servers with 4 GPUs to mine litecoin.
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