I'm thinking about buying this rig, for 1300.
MB: Giga Byte GA-H61M-DS2H Rev. 2.0
CPU: Intel Celeron DualCore G1620
RAM: 16GB value
GPU: 4x Sapphire 7970 reference design (all at low 70's, produces 736kh/s each) 3.2Mh/s total
PSU: Corsair 1200W
HDD: Small factor 40GB preinstaled win7 64bit
one usual 16x-16x riser, 3x 1x-16x risers.
These are the 3 things i need help with.
1.I kind of want to know the difference between mining bitcoin and altcoins.
2.He already has everything setup and all i have to do is connect it to my mining pool. It is supposed to automatically mine the most profitiable cryptocurrency, but i want to know the profibility of it.
3. Is all i do plug it in and join my pool and then just let it mine away?
I appreciate any help, and thank you in advance.
1.I kind of want to know the difference between mining bitcoin and altcoins.
bitcoin is SHA-256, some altcoints are SHA-256 and most are Scrypt(). It is not profitable to mine SHA-256 with GPUs. It is when you mine altcoins that use Scrypt.
2.He already has everything setup and all i have to do is connect it to my mining pool. It is supposed to automatically mine the most profitiable cryptocurrency, but i want to know the profibility of it.
It will not mine the most profitable coin unless you are mining at a pool that will automatically switch coins based on profitability and even then you will still need to sell the coins so the profit may not be what you expect.
3. Is all i do plug it in and join my pool and then just let it mine away?
In simple terms yes.
