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Author Topic: Got $200-300 to spend on mining hardware  (Read 1696 times)
Samir_H
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October 08, 2013, 08:48:31 AM
 #21

If you dig alt-coins with gpu in your pc when you are at work or sleeping you can make something in couple months and end up with gpu at lower price, especially if you don't pay electricity. But thinking about ROI or making money is not realistic.
poelling92
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October 08, 2013, 08:55:30 AM
 #22

With free electricity and your budget, GPU is best choice. You can make the 7970 return the investment in about one year - it means you will have free 7970  Smiley
mnsch
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October 08, 2013, 08:57:13 AM
 #23

  • If you insist to mine, try https://cex.io/ with a small amount of btc
  • Forget buying any hardware yourself
  • Start trading a little to get used to it
  • FInd a secure place for your wallet
fattypig
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October 08, 2013, 11:25:57 AM
Last edit: October 13, 2013, 03:21:47 AM by fattypig
 #24

cex.io is currently priced at 0.219 GH/S, I would say not a good price too as bitcoin difficulty just rise about 30% few days ago. Buy bitcoin and keep Smiley

termhn
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October 08, 2013, 02:27:04 PM
 #25

Buy bitcoins and use ~ 0.12 BTC to buy a block eruptor, just to get the experience.  Hold the rest.
Yeah, honestly I think this would be a good way to go these days.
fattypig
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October 08, 2013, 02:40:35 PM
 #26

Can you tell me more about this?
If I invest 2000$ dollars how much bitcoin I could mine in 1 year?

Thanks in advice

1) For GPU, mining scrypt is 5-6 times more profitable compare to Bitcoin.

2) If you really want Bitcoin so badly, you can always mine scrypt (i.e. litecoin, feathercoin) and then convert them to bitcoin using Btc-e.

3) If you don't want the hassle, you can point your miner to middlecoin.com. Middlecoin help you to choose the most profitable alt-currency at the point of time and then auto convert all of them to Bitcoin with a small fee (3%).

4) HD 7950 and 7970 are both good for GPU mining, as an alternative, you can wait for the new GPU Radeon R9 290x which is coming out next week.

Hope that helps Smiley

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