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Author Topic: Are there more pros or cons when it comes to BTC mining?  (Read 607 times)
Stev0
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August 01, 2011, 04:57:12 PM
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As I got back 2 my pc about 40mins ago, i saw a black display, and as it turns out. My GPU was a complete mess, $270 worth, all gone. Sad... And as I sat there I thought...Are there more pros or cons when it comes to BTC mining?
Please list them...As i'm thinking about saving up for a GPU or not...
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bitebitebite
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August 01, 2011, 05:21:40 PM
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 Doubt (m)any will just give you money. Maybe you will get 0.01 from someone

 Theres little to no point in buying a GPU imo for a return on its investment unless you want to bet on a rise in BTC value (which at the moment seems very unlikely to me), or wish to partake in many months of 24/7 mining. The figures just dont stack up imo, unless your still a kid when a few $ make a difference.

 For example I can make more money with 1 hour of work than 1 month of mining, so I'v been out for weeks now. Still keep a stock of BTC on the exchanges out of interest though
Lundy
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August 01, 2011, 11:12:36 PM
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I'd say more con's at this point with the difficultly rising and the price on the decline. Perhapse when winter comes not needing a heater can be a pro.
Smalleyster
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August 01, 2011, 11:30:37 PM
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As I got back 2 my pc about 40mins ago, i saw a black display, and as it turns out. My GPU was a complete mess, $270 worth, all gone. Sad

What did you do to it to burn up?

Feel like investing in a Miner?:
http://bitcointalk.org/index.php?topic=30044.msg377773#msg377773
A soup to nuts newbee system for a secure, portable USB wallet (free instructions):
NoobHowTo: http://bitcointalk.org/index.php?topic=27088.msg341387#msg341387
Ono Nadagin
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August 01, 2011, 11:58:06 PM
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What card were you running and how did you have it set up... what temps was it running @ ...any OCing going on? I am no expert, just learning and knowing these things could and should help myself and others hopefully not run into the same issue
jb27
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August 02, 2011, 01:25:14 AM
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I'd say more con's at this point with the difficultly rising and the price on the decline. Perhapse when winter comes not needing a heater can be a pro.

It's amusing the tertiary benefits that come from overclocking silicon. From a cryptocurrency generator, into rudimentary heat. Mazlowe must be spinning in his grave seeing the pyramid of human needs flipping over and over.
phorensic
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August 02, 2011, 01:26:44 AM
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Yeah, definitely more cons than pros when it comes to BTC mining.  That's why there is currently 170+ petaFLOPS of computer power dedicated to mining.

Sorry, my sense of humor is very sarcastic and dry  Grin
Hazza32
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August 02, 2011, 01:31:13 AM
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It depends on what hardware/budget you have at your disposal and if you actually really know what you are doing.
Dargo
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August 02, 2011, 01:32:12 AM
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Yeah, definitely more cons than pros when it comes to BTC mining.  That's why there is currently 170+ petaFLOPS of computer power dedicated to mining.

Sorry, my sense of humor is very sarcastic and dry  Grin

lol, love that!
Stev0
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August 02, 2011, 12:26:04 PM
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What card were you running and how did you have it set up... what temps was it running @ ...any OCing going on? I am no expert, just learning and knowing these things could and should help myself and others hopefully not run into the same issue

A 5850 running at about 65C...no overclocking involved
Elder III
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August 02, 2011, 03:14:18 PM
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With no OC and those decent temperatures I don't think you can blame mining for killing your GPU - it certainly didn't overheat from mining... and it could have died in the middle of a game just as easily.
Ono Nadagin
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August 02, 2011, 04:07:51 PM
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With no OC and those decent temperatures I don't think you can blame mining for killing your GPU - it certainly didn't overheat from mining... and it could have died in the middle of a game just as easily.

Agreed the only other thing I could possibly think of blaming it on other than just back luck is a weak power supply... if thats not the case then it just sounds like the same bad luck that causes you to have a flat tire on your way to work.
Xephan
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August 02, 2011, 04:22:04 PM
 #13

As I got back 2 my pc about 40mins ago, i saw a black display, and as it turns out. My GPU was a complete mess, $270 worth, all gone. Sad... And as I sat there I thought...Are there more pros or cons when it comes to BTC mining?
Please list them...As i'm thinking about saving up for a GPU or not...
Donations will be greatly appreciated...
1JNqeeDo3iv7x4KnyGZVAUBRiLG6N39JP2

Don't you have warranty on it? If not, how old is the card anyway?

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