Bitcoin Forum
May 28, 2017, 06:41:37 AM *
News: If the forum does not load normally for you, please send me a traceroute.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Who would be interested to rent AMD 6970 for bitcoin generation?  (Read 1978 times)
chungenhung
Legendary
*
Offline Offline

Activity: 1134


View Profile
April 20, 2011, 02:52:35 AM
 #1

I am thinking of getting multiple AMD 6970 cards. I don't consider the 6990's because they are too hot and noisy.

How many people would be interested in renting them monthly to mint bitcoin?
How much would you like to pay for 1 month worth of AMD 6970 crunching?
Please keep in mind the cost of the hardware, power of the GPU, and additional AC to cool the house.
I think the best way is for people to rent the GPU and have it run as a group mining, such as joining deepbit.net.


Trading MtGox USD for Dwolla/ACH deposit/Chase cash deposit
https://bitcointalk.org/index.php?topic=90115.0
Buy/Sell Call/Put Bitcoin options https://bitcointalk.org/index.php?topic=99853.0
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1495953697
Hero Member
*
Offline Offline

Posts: 1495953697

View Profile Personal Message (Offline)

Ignore
1495953697
Reply with quote  #2

1495953697
Report to moderator
1495953697
Hero Member
*
Offline Offline

Posts: 1495953697

View Profile Personal Message (Offline)

Ignore
1495953697
Reply with quote  #2

1495953697
Report to moderator
1495953697
Hero Member
*
Offline Offline

Posts: 1495953697

View Profile Personal Message (Offline)

Ignore
1495953697
Reply with quote  #2

1495953697
Report to moderator
Veldy
Member
**
Offline Offline

Activity: 98



View Profile
April 20, 2011, 03:11:18 AM
 #2

I am thinking of getting multiple AMD 6970 cards. I don't consider the 6990's because they are too hot and noisy.

How many people would be interested in renting them monthly to mint bitcoin?
How much would you like to pay for 1 month worth of AMD 6970 crunching?
Please keep in mind the cost of the hardware, power of the GPU, and additional AC to cool the house.
I think the best way is for people to rent the GPU and have it run as a group mining, such as joining deepbit.net.



Why would you not simply mint the coins for yourself?  Forget renting where you have to give up even more ... unless you think the return is going to be less than the cost ....

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
chungenhung
Legendary
*
Offline Offline

Activity: 1134


View Profile
April 20, 2011, 03:19:13 AM
 #3

at present time, i don't need a lot of bitcoins. lol

Trading MtGox USD for Dwolla/ACH deposit/Chase cash deposit
https://bitcointalk.org/index.php?topic=90115.0
Buy/Sell Call/Put Bitcoin options https://bitcointalk.org/index.php?topic=99853.0
bitjet
Hero Member
*****
Offline Offline

Activity: 556


View Profile
April 20, 2011, 04:11:59 AM
 #4

at present time, i don't need a lot of bitcoins. lol

what does that even mean? Your so rich you dont need money?
Veldy
Member
**
Offline Offline

Activity: 98



View Profile
April 20, 2011, 10:44:55 PM
 #5

at present time, i don't need a lot of bitcoins. lol

Then convert them to cash ... cheaper than the rent overhead and no worries about being held responsible for hardware failure, etc.  Also keep in mind that if you intend to be paid in cash you may run afoul of the IRS  Cry

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
Veldy
Member
**
Offline Offline

Activity: 98



View Profile
April 20, 2011, 10:49:12 PM
 #6

I am thinking of getting multiple AMD 6970 cards. I don't consider the 6990's because they are too hot and noisy.

I should point out that the 6970 is PLENTY noisy.  If you are going to pool them for "renting" then you will likely get more bang for your buck with the 6990's and good ventilation since they only use one PCIx slot.  For me, the limiting factor was that I didn't want to put $850+ into a single card, the 6990 (I could actually get two 6970's cheaper) and it was too long to fit in my case; as it is, the 6970 only has about 1/4" to spare in length.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
chungenhung
Legendary
*
Offline Offline

Activity: 1134


View Profile
April 20, 2011, 11:57:46 PM
 #7

I am thinking of getting multiple AMD 6970 cards. I don't consider the 6990's because they are too hot and noisy.

I should point out that the 6970 is PLENTY noisy.  If you are going to pool them for "renting" then you will likely get more bang for your buck with the 6990's and good ventilation since they only use one PCIx slot.  For me, the limiting factor was that I didn't want to put $850+ into a single card, the 6990 (I could actually get two 6970's cheaper) and it was too long to fit in my case; as it is, the 6970 only has about 1/4" to spare in length.
lol. "6970 is PLENTY noisy", but you recommend me get 6990 as if they have lower noise level?
The 6990 only uses one PCI-E slot doesn't make sense either. The card is so huge that even though u can insert it into one physical slot, but it would take up 3 slot spaces for tiny room of ventilation.

Trading MtGox USD for Dwolla/ACH deposit/Chase cash deposit
https://bitcointalk.org/index.php?topic=90115.0
Buy/Sell Call/Put Bitcoin options https://bitcointalk.org/index.php?topic=99853.0
chungenhung
Legendary
*
Offline Offline

Activity: 1134


View Profile
April 21, 2011, 12:00:06 AM
 #8

at present time, i don't need a lot of bitcoins. lol

what does that even mean? Your so rich you dont need money?
sorry? bitcoin is not physical money. I know you can convert bitcoin into real money though.
Why take the extra step and lose bitcoin or $ in the extra transaction?

Trading MtGox USD for Dwolla/ACH deposit/Chase cash deposit
https://bitcointalk.org/index.php?topic=90115.0
Buy/Sell Call/Put Bitcoin options https://bitcointalk.org/index.php?topic=99853.0
bitjet
Hero Member
*****
Offline Offline

Activity: 556


View Profile
April 21, 2011, 07:28:57 PM
 #9

at present time, i don't need a lot of bitcoins. lol

what does that even mean? Your so rich you dont need money?
sorry? bitcoin is not physical money. I know you can convert bitcoin into real money though.
Why take the extra step and lose bitcoin or $ in the extra transaction?

Why buy stock, silver, gold or even groceries then?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!