iamthelittleone (OP)
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July 03, 2011, 07:42:23 PM |
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So, I am totaly new to this, and would like to try out mining of bitcoins, so, I just dont know what method is best for me.
I have a Nvidia GTX 460, and an intel Core Quad procesor. Nothing special :/
So, should I try mining solo? or pool mining? if pool mining, how to do it? which pool is best?
Also, how much bitcoin can I expect to make?
And, can I do it on windows 7 which is 64bit? Or do I need linux?
Thanks.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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ND
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July 03, 2011, 07:50:47 PM |
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pool minig is your only option (gtx 460 is slow), dont mine with the cpu is a waste. You can mine on windows (using guiminer) and a gtx 460 can make 66 mh/s so you can make 1.5BTC per month (at current difficulty).
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iamthelittleone (OP)
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July 03, 2011, 08:03:03 PM |
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Thank you very much for you reply. I will so pool mining.
However, there are a lot of different pools I can join. Is there any difference? Does it matter which I join?
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ND
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July 03, 2011, 08:15:19 PM |
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they are all similar. Im using deepbit (largest pool) using the pay pe share method and im happy
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iamthelittleone (OP)
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July 03, 2011, 08:16:21 PM |
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btw, Is it safe to leave my PC mining day and night non stop? Can it burn or get damaget or somethikng like that?
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ND
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July 03, 2011, 08:30:06 PM |
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pc can get damage but only is you dont take safe measures:
- remove the side panel of case - put a couple of fans blowing to the GPU - put the gpu fan to 80% - 90% - check the temps once a day
this is what i do and i have 20 pc running for months, 0 problems so far
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iamthelittleone (OP)
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July 03, 2011, 08:34:08 PM |
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ok, thanks
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Apopfis
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July 03, 2011, 08:36:55 PM |
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best way for you would be selling your nvidia gfx and buying AMD/ATI instead. I think you will be able to find good candidates among AMD lines in threads already existing.
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fascistmuffin
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July 03, 2011, 08:48:29 PM |
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best way for you would be selling your nvidia gfx and buying AMD/ATI instead. I think you will be able to find good candidates among AMD lines in threads already existing.
Yep, best advice yet tbh. If you want BTC and don't have proper mining hardware, you should really just buy them over mining them. You'll get more BTC/dollar that way. Don't think that mining is the only way to get BTC, and don't think that it's free either. With inadequate hashing power, you, or the person responsible for the bill, will be spending more on electricity than you will receive through BTC.
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EskimoBob
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Quality Printing Services by Federal Reserve Bank
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July 03, 2011, 09:03:47 PM |
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Use this calculator http://bitcoinx.com/profit/index.php to figure out the actual ROI (or lack of) If you get the faster card, join a pool. Or you can just take your card money and buy some coin and wait.
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While reading what I wrote, use the most friendliest and relaxing voice in your head. BTW, Things in BTC bubble universes are getting ugly....
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xurious
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July 04, 2011, 01:42:53 PM |
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best way for you would be selling your nvidia gfx and buying AMD/ATI instead. I think you will be able to find good candidates among AMD lines in threads already existing.
That is the BEST way. A $50 dollar 5570 would outmine your 460.
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SiaMining.com -- First PPS SiaMining Pool! 3%, VarDiff, Stratum Support
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StrangeLoop
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July 04, 2011, 04:57:36 PM |
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I made the same mistake of buying an Nvidia card when I first started experimenting with a rig (which was like two weeks ago). I just bought a 6770 and will be installing it soon.
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