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Author Topic: I have 1 BTC, what mining hardware should I buy?  (Read 1520 times)
KaChingCoinDev (OP)
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May 25, 2014, 12:32:04 AM
Last edit: May 27, 2014, 05:44:36 PM by KaChingCoinDev
 #1

BTC only. I know scrypt, wondering BTC.

Upped to 1 BTC
jonald_fyookball
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May 25, 2014, 12:32:47 AM
 #2

yeah i would like to know too...maybe something scrypt based

BitPhotos
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May 25, 2014, 01:04:05 AM
 #3

Well .5 isnt much to work with, in my opinion, THIS is your best bet

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May 25, 2014, 01:12:37 AM
 #4

Have you calculated the cost of your electricity first? There's no real point of bothering if you electricity costs are higher than the efficiency of any miner's you buy. With that in mind - for $250 USD I don't think you would get much in the way of GHS, personally the time for mining has really passed unless you have super cheap electricity/access to cheap miners.
KaChingCoinDev (OP)
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May 25, 2014, 01:15:34 AM
 #5

Have you calculated the cost of your electricity first? There's no real point of bothering if you electricity costs are higher than the efficiency of any miner's you buy. With that in mind - for $250 USD I don't think you would get much in the way of GHS, personally the time for mining has really passed unless you have super cheap electricity/access to cheap miners.

Yes, I have


Well .5 isnt much to work with, in my opinion, THIS is your best bet

But, you are forgeting a all the extras required to run a card.
BitPhotos
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May 25, 2014, 01:18:09 AM
 #6

Have you calculated the cost of your electricity first? There's no real point of bothering if you electricity costs are higher than the efficiency of any miner's you buy. With that in mind - for $250 USD I don't think you would get much in the way of GHS, personally the time for mining has really passed unless you have super cheap electricity/access to cheap miners.

Yes, I have


Well .5 isnt much to work with, in my opinion, THIS is your best bet

But, you are forgeting a all the extras required to run a card.
ah my bad, i though you just needed a card, yikes... even less to work with, i think you should wait til you get more BTC to invest because your not gonna be able to break even for quite a while with the low budget build...

ozzymax
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May 25, 2014, 01:25:57 AM
 #7

I wouldn't bother with graphic card mining. it cost me about $2000 to build a decent mining rig running x4 R9 280x's. i'm in the process of selling off the graphics cards because it's no longer profitable to mine with them anymore with the increase in difficulty and the drop in price of alt coins across the board you will not even break even.
KaChingCoinDev (OP)
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May 25, 2014, 01:29:15 AM
 #8

How about an S1?
xdigital
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May 25, 2014, 01:36:50 AM
 #9

Forget about the mining hardware, you make more money if you invest in "KaChingCoin"
KaChingCoinDev (OP)
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May 25, 2014, 01:40:27 AM
 #10

Forget about the mining hardware, you make more money if you invest in "KaChingCoin"

I did not ask for sarcasm, I asked for an honest answer
beatljuice
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May 25, 2014, 01:49:02 AM
 #11

Check out my signature.
KaChingCoinDev (OP)
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May 25, 2014, 01:59:14 AM
 #12

Check out my signature.

Cool.

I like it, but I would like to hold the hardware in my hand.
wachtwoord
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May 25, 2014, 02:00:51 AM
 #13

Cherish the 500mBTC you have!
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May 25, 2014, 04:03:37 AM
 #14

My honest answer, as a basement miner, is to buy more bitcoin.

That is investment advice.

For fun though - nothing beats mining.

For x11 try this:

3x r270
Gigabyte GB-AM1M-S2H
AMD Sempron Kabini
750W PSU - best deal
4gb RAM -best deal
30 GB SSD - best deal
Total about BTC1.5

That is a pretty cheap 5.5 Mh/s X11 rig.  Also, I hear NVIDIA gear is good for X11 so you may do better there.

My guess is this will not pay for itself but it will be fun.
evocoins
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May 25, 2014, 07:49:56 AM
 #15

i'd save that up for a Scrypt ASIC like a Gridseed. There's a good bargain over at monster-asic.com I stumbled upon a few days ago. Just don't give up. Mining is a lot of fun  Grin Grin Grin
ranlo
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May 25, 2014, 07:54:55 AM
 #16

I wouldn't bother with graphic card mining. it cost me about $2000 to build a decent mining rig running x4 R9 280x's. i'm in the process of selling off the graphics cards because it's no longer profitable to mine with them anymore with the increase in difficulty and the drop in price of alt coins across the board you will not even break even.

This right here. And your budget of $275 (as of today's rate) is pretty low when it comes to mining. If you want to actually make a profit, you will need at least 10x that (and that's still got a ton of risk associated with it). I'd just hold the BTC or try day-trading it to increase your holding.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
DolanDuck
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May 27, 2014, 05:31:00 PM
 #17

.5 BTC is too low to buy a decent mining harware, maybe you can buy 2 Nvidia Geforce 750Ti to buid a little scrypt rig, nothing more, hold them Smiley

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KaChingCoinDev (OP)
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May 27, 2014, 05:40:18 PM
 #18

.5 BTC is too low to buy a decent mining harware, maybe you can buy 2 Nvidia Geforce 750Ti to buid a little scrypt rig, nothing more, hold them Smiley

How about 1 BTC?
cp1
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May 27, 2014, 05:43:50 PM
 #19

http://zoomhash.com/collections/top-sellers/products/same-day-shipping-gridseed-320-420-kh-s-asic-scrypt-sha-miner-ships-from-los-angeles

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
KaChingCoinDev (OP)
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May 27, 2014, 05:44:56 PM
 #20


Yes I know

I have bought those, But I am looking for BTC hardware too
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