dirt-cheap mining plus free electricity

[cWq34#9tH-3]

I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

[grue]

GPU mining with 7950

(SEARCH for more details)

[tom_o]

GPU mining with 7950

(SEARCH for more details)

Or 7870XT, cheaper too. Just go for cheapest mhash/$ and overclock it as much as you can keeping it under 75*C

[middlemarkal]

7870xt for bitcoin
7950 for litecoin

[cWq34#9tH-3]

Followup: I have a desktop and two laptops. What would I want to use in my laptops? And should I use my laptops at all? or vice-versa? Also please consider that I don't want to run the electricity use up too much and end up getting my rent raised.

Thanks everyone for your advice!

[mgio]

I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

Don't bother, you won't make any money mining at this point. GPU mining is dead and you missed out on the ASICs.

You can't GPU mine on a laptop.

[cWq34#9tH-3]

I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

Don't bother, you won't make any money mining at this point. GPU mining is dead and you missed out on the ASICs.

You can't GPU mine on a laptop.

I think you're right, but some did suggest that I get a graphics card. So how sure are you of this? It wouldn't be worth it to mine either btc or litecoin using a graphics card in my desktop AND by perhaps joining a pool?

Hey I'm just trying to quickly determine if this is worth pursuing at all.

thanks again!

[JohnSy]

I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

how is this possible

[notlist3d]

Followup: I have a desktop and two laptops. What would I want to use in my laptops? And should I use my laptops at all? or vice-versa? Also please consider that I don't want to run the electricity use up too much and end up getting my rent raised.

Thanks everyone for your advice!

Laptop is useless for mining.  Wouldn't want to run one 24 hours even if was usb miners personally.  

Gpu.... your kinda at a point where its a guess.  If you do it now with asics will take a long time if you ever do have a ROI. Will there be a possibility of litecoin? Maybe but ultimatly no one knows, and if it is more profitable then BTC then most likely will have tons of gpus flooding to do it.

Ultimatly if you want to do BTC at this point it is asic you want.  

[notlist3d]

I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

how is this possible

Dorms, work, apartments with electricity included.

[cWq34#9tH-3]

Ok I get it. Even with *Free Electricity, it's not worth it unless I have significant money to invest. Sigh, well... that sucks.

*It's not really free, it's included in my rent. But it's "technically" unlimited. Although a significant/unusually high or excessive amount of use would eventually get noticed and then as any reasonable business person or entity would do - they would make changes to cover this expense or to stop it from happening. Get it?

Thanks everyone for your help. I guess I'll just wait for people to find out that my online business accepts btc and that's how I will get some. Man, I wish there was better/more effective/more organized and faster/more convenient ways to let the btc community know that my online business accepts btc. Sigh again...

[zvs]

Ok I get it. Even with *Free Electricity, it's not worth it unless I have significant money to invest. Sigh, well... that sucks.

*It's not really free, it's included in my rent. But it's "technically" unlimited. Although a significant/unusually high or excessive amount of use would eventually get noticed and then as any reasonable business person or entity would do - they would make changes to cover this expense or to stop it from happening. Get it?

Thanks everyone for your help. I guess I'll just wait for people to find out that my online business accepts btc and that's how I will get some. Man, I wish there was better/more effective/more organized and faster/more convenient ways to let the btc community know that my online business accepts btc. Sigh again...

no, those ppl replying are just all foolish

go to slickdeals and wait for a 7770, 7790, or possibly a 7850 to appear

buy one of those, mine on it for a bit, then sell it on ebay for profits after redeeming your rebate and selling the included games

[bitpop]

You could cohost for people.

[icebear888]

Followup: I have a desktop and two laptops. What would I want to use in my laptops? And should I use my laptops at all? or vice-versa? Also please consider that I don't want to run the electricity use up too much and end up getting my rent raised.

Thanks everyone for your advice!

The laptop will do you no good...

[cWq34#9tH-3]

I think you are correct zvs. From my research it appears that it can still be profitable mining btc, and especially litecoin - since you can trade that for btc.

icebear888, I 'm inclined to believe you are correct about not using laptops. The only way I see that as being a reasonable use is if you had an espensive and asic. Certainly not something that someone lacking funds would do....

[razorfishsl]

I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

Not once the Landlord finds you chewing up >24KWH a day.....

[cWq34#9tH-3]

omg would 1 or 2 two gpus use that much? 

[bitpop]

No a gpu uses 0.350 kwh

[grue]

No a gpu uses 0.350 kwh

No, it uses 0.35 kilowatts. Per day, it uses 8.4 kilowatt hours. And that's only for 1 GPU. You'll have to account for other GPUs, supporting hardware, and inefficiency.

[Amph]

no a 7950 is just 200 watt per hour