Newbie here, need some advice

[skyvahaerie]

Hi there,
im new to cryptocurrencies and want to ask what amount of hash power is needed today, to make at least a little profit with btc. And also i want to get out of newbie jail

Thanks in adavance.

[DrG]

There is no minimum hashing power you need to make a profit.  The question is how cheap can you get hashing power.

Because the price ran up to $1200 last week everybody is selling mining eq for outrageous prices.  You will never turn a true profit unless somebody does you a favor and sells you some eq very cheaply or you steal it.

Wait until next May/June when the eq frenzies subsides.  Until then buy coins with fiat or trade your services directly for coin.

[Jacce]

As long as you make more money than you pay in electricity I'd say you make a profit. Of course though, you also need to reach minimum payout. So maybe 250-500 MHash/s?

[gailflet]

you need to find a place with free electricity 1st.

[marcell99]

I built my mining rig from used videocards (2x 5870 , 2x 5970 , 2x6970 ) and 3 used motherboard with CPU , and got 3 used 850W PSU. Total cost was about $1000. Try to look after used parts.
And the hashing power for scrypt mining is about 2.5Mh/s (at the moment, without 1 5870 )

[skyvahaerie]

Ok, i understand its dependent on electricity costs. Im living in a dorm so electricity is no factor at all. An important factor for me is sleep, as i dont have dedicated mining equip and dont want to run my computer over night due to the noise. I want to buy some asic usb miner, whats a reasonable price for one?