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Author Topic: Mining Advice needed, thanks !!  (Read 351 times)
twistelaar
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January 29, 2014, 05:13:32 AM
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Hey guys im thinking to start mining. If I have 1500$ to spend, with how many days can I earn this back? Im a newbie so really dont know a lot yet about mining. Thanks
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Damnsammit
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January 29, 2014, 05:20:21 AM
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Hey guys im thinking to start mining. If I have 1500$ to spend, with how many days can I earn this back? Im a newbie so really dont know a lot yet about mining. Thanks

That line of thinking is going to be a road block if you don't want to lose your mind with mining.

You should be able to get 1.5-2MH/s with a $1500 budget, so maybe a few months.  Maybe a few weeks.  Maybe never.  Who knows for sure?

Play around with a calculator and build a list of parts and see how you can max our you hash rate and hope for the best Smiley

Calculator here:
http://bitcoinwisdom.com/litecoin/calculator
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January 29, 2014, 05:50:18 AM
 #3

I would buy some hash power first.



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twistelaar
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January 29, 2014, 03:07:49 PM
 #4

Hey guys im thinking to start mining. If I have 1500$ to spend, with how many days can I earn this back? Im a newbie so really dont know a lot yet about mining. Thanks

That line of thinking is going to be a road block if you don't want to lose your mind with mining.

You should be able to get 1.5-2MH/s with a $1500 budget, so maybe a few months.  Maybe a few weeks.  Maybe never.  Who knows for sure?

Play around with a calculator and build a list of parts and see how you can max our you hash rate and hope for the best Smiley

Calculator here:
http://bitcoinwisdom.com/litecoin/calculator


How much KHS is 1.5 2 mhs? is that 2000khs?
Damnsammit
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January 29, 2014, 03:28:20 PM
 #5

How much KHS is 1.5 2 mhs? is that 2000khs?

Yes.  2MH/s = 2000kH/s = 2,000,000 hashes per second Smiley
twistelaar
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January 29, 2014, 09:53:47 PM
 #6

thank you Smiley
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