Bitcoin Forum
November 07, 2024, 09:13:32 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: I just bought a machine  (Read 747 times)
Tiddly Tanker (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
March 30, 2013, 01:17:37 AM
 #1

Two weeks ago I didn't pay any attention to these cryptocurrencies. I only knew of them. Now I find myself buying a machine just for mining. It all started when I stumbled upon the "pictures of your mining rig" thread. I love computers and hardware and naturally the pictures in that thread inspired me. I would be happy to just break even. (That would need be around $200 profit, because the used parts are worth a lot too) For now I am just going to start with one 7950 and mine a mix of litecoins and bitcoins, but mostly litecoins. The last of my parts should arrive next week. I am excited. Anything important I need to know?


jcrawfordor
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
March 30, 2013, 01:57:37 AM
 #2

I'm also thinking about building a mining rig. What manufacturer's 7950 did you end up buying? I'm looking in to picking up some AMD cards to put in a spare machine for this purpose.
Tiddly Tanker (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
March 30, 2013, 03:23:55 AM
 #3

XFX. Got it cheap off newegg, thats why
dphillippi
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
April 16, 2013, 07:33:31 PM
 #4

just purchased 4 x sapphire 7950 for $289 each on newegg
dragonlord333
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
April 16, 2013, 08:07:44 PM
 #5

I've got a 7950 myself, love it! Smiley
begining_summer
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
April 16, 2013, 08:13:16 PM
 #6

Do you plan make solo or connect to pool?
spanner76
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
April 16, 2013, 08:38:28 PM
 #7

Is it still possible to make any money from mining now ASICs are out? Including cost of power etc.
frejo
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
April 16, 2013, 08:41:41 PM
 #8

Yeah, as long as the coin stays above 20-30ish USD depending on you power cost its profitable, no more bf3 my 7970 is producing coins Wink
And if you believe it will hit 200 again you can keep mining no matter what.
UnseenUnheard
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
April 16, 2013, 09:11:30 PM
 #9

Nice! Best of luck! ... Hope the value rises Tongue
steveioio
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
April 16, 2013, 09:16:40 PM
 #10

You would be wanting to keep your rig on 24hrs a day to quicken reward time. Once the ASCI rigs come out from BFL the difficulty rise opn BTC mining will send a lot of people over to LTC so now is the best time to mine LTC so do it 24hrs.
middlemarkal
Full Member
***
Offline Offline

Activity: 181
Merit: 100



View Profile
April 16, 2013, 10:00:38 PM
 #11

do BTC in a pool and with LTC you have the choice solo or with a pool.

Gigabyte 3 fans  Grin

DISCIPLINA — The First Blockchain For HR & Education
From core developers of Cardano, PoS minting, unique Web Of Trust & Privacy algorithms. Be the first, join us!
  WEBSITE  TELEGRAM  ANN  BOUNTY  LINKEDIN  WHITEPAPER  Referral Program 5%
Warwick
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
April 16, 2013, 10:06:05 PM
 #12

If BFL ever gets their production going smoothly then you will never see ROI (IMO, based on what I have read) - and the fact that ASICMINER will start producing units as well....but hey dont do it for the profit.
SgtSpike
Legendary
*
Offline Offline

Activity: 1400
Merit: 1005



View Profile
April 16, 2013, 10:07:36 PM
 #13

If BFL ever gets their production going smoothly then you will never see ROI (IMO, based on what I have read) - and the fact that ASICMINER will start producing units as well....but hey dont do it for the profit.
Litecoins *could* still provide an ROI, it just depends on how many people switch over to it (and switch over successfully... I tried 4 litecoin miners and they all crashed for me!)
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!