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Author Topic: Mining time  (Read 932 times)
eliasivk (OP)
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January 27, 2014, 01:07:48 AM
 #1

Hello forum members , i am new on the mining and how much time is needed to get 1 bitcoin ?

I got my nvidia gts 450 at 41.6 Mhash in the slush's pool using GUIminer.

Thank you !
odolvlobo
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January 27, 2014, 01:10:16 AM
 #2

At the current difficulty, it will take about 300 years. I'm not joking.

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eliasivk (OP)
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January 27, 2014, 01:17:53 AM
 #3

what is your mhash speed ?
Krox
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January 27, 2014, 02:23:20 AM
 #4

Forget getting any BTC this way.

Look here:
https://bitcointalk.org/index.php?topic=259649.0

If you mine in this multipool, you will mine other Scrypt coins - those easily mineable with GPU.
That multipool will convert all earnings to BTC and send it to you.

Still, you will earn one BTC much faster this way than in ordinary BTC pool.
Not sure how much faster, but I think about 1 or 2 years for 1 BTC.

Although you have nvidia card, not as good as ATI cards for mining.
With good ATI card you may be able to earn 1 BTC maybe in 2-3 months.

Directly mining some other new experimental coins can be even more profitable.
But you have to know the coins.
And even then there is a risk - you may mine coin that later just dies, without any profit.

So stick with the multipool I suggested.
At least until you learn more about Altcoins and mining.

And if you want to mine bitcoin directly, you can get some good ASIC.
CPU's, GPU's and bad ASIC's are just waste of power and money.
But good ASIC's are expensive (one costs several BTC).
oxfardk
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January 27, 2014, 04:20:42 PM
 #5

you need something with 6+ GPUs to make some noticeable profit or 1btc thought

howzar
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January 27, 2014, 04:44:00 PM
 #6

LOL mining BTC with anything other than ASIC is pretty useless. if you want to mine CPU,GPU look for a good easy Alt-currency.
Sonny
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January 27, 2014, 10:15:55 PM
 #7

LOL mining BTC with anything other than ASIC is pretty useless. if you want to mine CPU,GPU look for a good easy Alt-currency.

Exactly.
Mine those scrypt-based alt-coins, and sell them for bitcoin afterwards.
sgk
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February 21, 2014, 08:23:45 AM
 #8

They're not joking. GPU mining is way outdated if you're trying to mine Bitcoin directly. At the current difficulty (which increases rapidly by the way), you'll be able to mine 1 Bitcoin in over 400 years. If you don't believe it, here is the calculator:
http://www.coinwarz.com/calculators/bitcoin-mining-calculator

The proper approach would be to join any of the scrypt multipools (Google it).
Frisky
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February 21, 2014, 03:18:32 PM
 #9

Time to mining.
hostmaster
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February 21, 2014, 03:22:37 PM
 #10

Hello forum members , i am new on the mining and how much time is needed to get 1 bitcoin ?

I got my nvidia gts 450 at 41.6 Mhash in the slush's pool using GUIminer.

Thank you !
Situation may seem you hopeless
but lets say you buy 2 amd radeon r9 280 or 290

you willhave 750-900 khs per cards

time will be about 30-40 days...

see www.coinwarz.com
MonkeyDOH
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February 22, 2014, 01:30:50 AM
 #11

At the current difficulty, it will take about 300 years. I'm not joking.

Maybe the OP wanted to mine for these little children Grin
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