Radeon 7950

[jackthebeanstalk]

I have one of this, is it still profitable to mine Bitcoin with it?

[mprep]

Short answer: Nope. Long answer: Noooooooooooooooooooooooooooooooooooooooope.

[jackthebeanstalk]

Thanks, was thinking of using my computer to do some spare Bitcoin mining

[favdesu]

why not mine LTC?

just google a ltc profit calculator and check it.

[mprep]

Thanks, was thinking of using my computer to do some spare Bitcoin mining

You're a little late for the party. Buy an ASIC if you want at least a small chance.

[Ptah]

Use GPU only for scrypt not for SHA( bitcoin,PPcoin, Terracoin etc...)
Mine LTC or FTC or WDC ( all scrypt)
Check http://www.coinchoose.com/index.php and www.multipool.in/index.php

[jackthebeanstalk]

Use GPU only for scrypt not for SHA( bitcoin,PPcoin, Terracoin etc...)
Mine LTC or FTC or WDC ( all scrypt)
Check http://www.coinchoose.com/index.php and www.multipool.in/index.php

Thanks this is a very useful web site

[mprep]

LTC is a good choice for mining if you hurry and start now.

[hany103]

at current prices no, but Bitcoins is speculated to reach high prices in the future so for longterm maybe.

[Thentrin]

U should mine btc with asic

[jackthebeanstalk]

Litecoin is very high difficulty, how about other alt coins with lesser difficulty?

[mprep]

Litecoin is very high difficulty, how about other alt coins with lesser difficulty?

Not that high comparing to Bitcoin.

[coolamasta]

As said not really, the big issue being how much electricity it will use verses what you can profit from it, do you leave your PC on all the time?  If so then having a 7950 running 24x7 will only add an extra 180-ish watts or so load but if your PC stays off a lot then you will have an additional 300w + watts obviously depending on your PC spec which will soon add up over a month and so make your profits very minimal after you have covered the electric to the point of whether it would be worth doing at all, especially at the moment as difficulty has gone up and its taking longer to produce BitCoins.

A while ago I was running a single 7950 @ 500Mhash and after a week of 24x7 running I barely made 0.1 Bitcoin, you think times that by 10 = 2.5 months almost to make a single bit coin! 

Might be worth looking at LiteCoins like its been mentioned

[rig007]

It will depend on your electricity bill.

[r3wt]

i'll buy it. i can use it to mine altcoins

[jackthebeanstalk]

As said not really, the big issue being how much electricity it will use verses what you can profit from it, do you leave your PC on all the time?  If so then having a 7950 running 24x7 will only add an extra 180-ish watts or so load but if your PC stays off a lot then you will have an additional 300w + watts obviously depending on your PC spec which will soon add up over a month and so make your profits very minimal after you have covered the electric to the point of whether it would be worth doing at all, especially at the moment as difficulty has gone up and its taking longer to produce BitCoins.

A while ago I was running a single 7950 @ 500Mhash and after a week of 24x7 running I barely made 0.1 Bitcoin, you think times that by 10 = 2.5 months almost to make a single bit coin! 

Might be worth looking at LiteCoins like its been mentioned

Is there any way to calculate the profitability of Litecoin mining?  I can leave the computer on 24/7 as it is liquid cool and now is winter time.

[uaweb]

no , only ASIC is the best.

[jackthebeanstalk]

I know ASICs, I hear of ASICs on the forum in a lot of threads, but all seemed to be preordered .  Is there anyone that can be purchased and starting mining?

[burgund]

LTC