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Author Topic: Cheap Mining Rig  (Read 2647 times)
jsttn
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June 23, 2011, 08:56:50 PM
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Hello,

I love the idea of bitcoins and want to get involved in mining. I want to set up a rig to generate bitcoins however, I am on a type budget. Is it possible to make a cheap rig (under $100) that I can start with. I'm hoping that I can get a better rig if I make more bitcoins and understand it won't generate a ton of bitcoins. Thanks.
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Transactions can optionally carry transaction fees. Whoever mines the block which ends up containing your transaction will get the fee. The Bitcoin client will sometimes force you to pay a fee when it thinks that no miner will accept your transaction otherwise.
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frizzl
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June 23, 2011, 09:00:16 PM
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If you can find a good cheap amd/ati gfx card for 100 on ebay/craigslist

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June 23, 2011, 09:11:26 PM
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a complete rig? no can do, not one that´s worth it at least
you can buy a secondhand card with that money, jam it into your existing PC and let that one mine though

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June 24, 2011, 04:19:42 AM
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I love the idea of bitcoins and want to get involved in mining. I want to set up a rig to generate bitcoins however, I am on a type budget. Is it possible to make a cheap rig (under $100) that I can start with. I'm hoping that I can get a better rig if I make more bitcoins and understand it won't generate a ton of bitcoins. Thanks.

Under $100 won't be possible without using 100% second hand or spare parts.  The cheapest possible new CPU/motherboard/RAM combo will cost $100 by itself, without a power supply, case, and graphics card to go with it.  You absolutely need a graphics card to mine (ATI strongly recommended) otherwise you'll pay $2 for power to earn $1 in bitcoins.

GPU mining is coming to an end soon as well.  Difficulty is about to increase 60% and the hash rate is accelerating.  Everyone should assume they'll be making 25% of their current bitcoin income in a month's time, without the price of bitcoins going up.  Is it still worth it?

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June 24, 2011, 05:15:12 AM
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You can barely buy a low-end GPU with $100...
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