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Author Topic: Help for a new Miner (me)  (Read 638 times)
IIC13 (OP)
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May 08, 2014, 08:53:42 PM
 #1

Hi,
i found out today that bitcoins exist Cheesy I'm not american so my english isn't very well.

I got a good gaming PC but i was reading about those ASIC USB devices that take 2Watts and have 1600 Mhash/s.

This is my Gaming PC:
I7 2600k @5Ghz 1.52V @73°C
Asus Matrix 7970 3GB @1260Mhz / 1800Mhz @76°C
8GB DDR3 Ram

I have a Wallet on Blockchain.info, how can i connect the wallet with my BitMiner Client ? Or how to setup everything to make that baby work ? Cheesy

If a USB ASIC Device costs $29 (2Watt) and has 2000mh/s, my Graphic card costs $400 and has 800mh/s (i didn't tested my GPU but https://en.bitcoin.it/wiki/Mining_hardware_comparison says that my GPU has about 750mh/s)

So basically the only good way to earn money is buy that much USB Devices as i can and just plug it in...

I could buy 50 of those USB Devices that give 2000mh/s, 50x2000mh/s makes 100gh/s or am i wrong ?
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May 08, 2014, 08:59:20 PM
 #2

Don't bother mining bitcoins on your computer; you won't get anything at all. Maybe try start off first mining an alt coin. Check on over at the alt coin section and the mining subforum: https://bitcointalk.org/index.php?board=160.0.

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andreja1982
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May 08, 2014, 09:09:32 PM
 #3

Hi,
i found out today that bitcoins exist Cheesy I'm not american so my english isn't very well.

I got a good gaming PC but i was reading about those ASIC USB devices that take 2Watts and have 1600 Mhash/s.

This is my Gaming PC:
I7 2600k @5Ghz 1.52V @73°C
Asus Matrix 7970 3GB @1260Mhz / 1800Mhz @76°C
8GB DDR3 Ram

I have a Wallet on Blockchain.info, how can i connect the wallet with my BitMiner Client ? Or how to setup everything to make that baby work ? Cheesy

If a USB ASIC Device costs $29 (2Watt) and has 2000mh/s, my Graphic card costs $400 and has 800mh/s (i didn't tested my GPU but https://en.bitcoin.it/wiki/Mining_hardware_comparison says that my GPU has about 750mh/s)

So basically the only good way to earn money is buy that much USB Devices as i can and just plug it in...

I could buy 50 of those USB Devices that give 2000mh/s, 50x2000mh/s makes 100gh/s or am i wrong ?


welcome to this +1 forum. All you wanna now is in forum. search, one day isnt musc to loose

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odolvlobo
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May 08, 2014, 11:13:58 PM
 #4


So basically the only good way to earn money is buy that much USB Devices as i can and just plug it in...

I could buy 50 of those USB Devices that give 2000mh/s, 50x2000mh/s makes 100gh/s or am i wrong ?

You are correct that the only way to mine BTC is with ASIC equipment. You are also correct that if you have 50 2000 MH/s devices your rate will be 100 GH/s.

If you are going to get 100 GH/s, please consider getting a device with a higher hash rate instead. It will be cheaper and use less power.

Finally, you need to estimate/predict how much your equipment will mine and compare that to the cost of the equipment. You will probably discover that the equipment costs more than it will mine.

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deebob
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May 09, 2014, 01:03:51 AM
 #5

Mining is pretty much dead doing it directly, look into alt coins.

Relnarien
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May 09, 2014, 04:39:42 AM
 #6

Mining Bitcoins with less than 10 Ghs of hashing power is not recommended, especially if you're a newbie to mining. You will never reach the payout threshold at any of the mining pools for at least a few months if you try. As some have suggested, try mining with one of the more popular altcoins first. Also, try to hold off from buying ASICs or any new hardware until you've had some hands-on experience with mining with your current hardware. Navigate to the Getting Started or Help page of any mining pool website to get step-by-step instructions on how to mine.
Crossbow376
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May 09, 2014, 10:02:37 AM
 #7

I got a good gaming PC
...
Or how to setup everything to make that baby work ? Cheesy

The hashrate for CPU and GPU is very low (compared with ASIC), so I would suggest you to enjoy gaming instead.

So basically the only good way to earn money is buy that much USB Devices as i can and just plug it in...

You can mine some bitcoin with ASIC, but you will probably not be able to break even, so it is better to buy bitcoin directly IMO.

shorena
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May 09, 2014, 11:26:08 AM
 #8

-snip-
If a USB ASIC Device costs $29 (2Watt) and has 2000mh/s,
-snip-
I could buy 50 of those USB Devices that give 2000mh/s, 50x2000mh/s makes 100gh/s or am i wrong ?

If you are serious about mining, use a calculator befor you invest. Not only do you have to think about the price of the hardware and the cost of electricity, but also about the price of bitcoin and the changing difficulty.

https://bitcoinwisdom.com/bitcoin/calculator

This can help you and you will probably figure out very fast, that there is no way to make profit unless you invest a lot of money and have very cheap electricity.

Im not really here, its just your imagination.
Born2Bwild
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May 09, 2014, 11:53:19 AM
 #9

For smooth mining on GPU you will need probably about 50 times your graphics card..You can mine alt coins using your CPU, like FantomCoin, which, by the way supports merged mining (you can mine two currencies at time). But do not expect great results.
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