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Author Topic: New to mining Bitcoin...what MH/s rate should I expect?  (Read 1455 times)
enslinp (OP)
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August 27, 2014, 01:48:59 AM
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I recently started mining bitcoin through Slush's pool and am just wondering what MH/s rate I should be expecting and if there was anything I could do to speed it up.  I'm not a tech guru and have it set up on my Imac that has a 3.06 GHz Intel Core 2 Duo processor and a ATI Raedon HD 4850 512mb Graphics card.  The maximum rate I've been getting is about 40-41 MH/s.  Is this par for the course for the limited hardware I have and is there anything I can do to speed it up?  Thanks.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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August 27, 2014, 01:54:16 AM
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I recently started mining bitcoin through Slush's pool and am just wondering what MH/s rate I should be expecting and if there was anything I could do to speed it up.  I'm not a tech guru and have it set up on my Imac that has a 3.06 GHz Intel Core 2 Duo processor and a ATI Raedon HD 4850 512mb Graphics card.  The maximum rate I've been getting is about 40-41 MH/s.  Is this par for the course for the limited hardware I have and is there anything I can do to speed it up?  Thanks.

Most people will tell you that you're wasting your time.

HOWEVER...

It's very important that you are interested in actually mining Bitcoin. It's great to be enthused. I'm glad you were able to get things going. Your hashrate is extremely low for Bitcoin; Mining with a GPU or CPU is now just unfeasible, and so ASICs (Application Specific Integrated Circuits) are the most common solution for this. You buy an ASIC, plug it in, and presto! Many hashes (Exceedingly more than what you're getting).

My suggestion to you is that you should look around here for a while; Check out the Hardware section of the forum, and just plain ask around before deciding that you want to mine for BTC. If you have any questions, feel free to PM me!

Good luck, and welcome!
philipma1957
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August 27, 2014, 02:02:20 AM
Last edit: August 27, 2014, 02:17:00 AM by philipma1957
 #3

I echo the above advice.

I also give you a link for calculations of earnings

https://bitcoinwisdom.com/bitcoin/calculator

some general info.  coins were as low as 6 dollars in the year 2012  and as high as 1100 last nov 2013.

right now you need to have at least 100gh to earn 1 dollar a day  not counting the power it uses or the cost to buy it.

A low cost miner that is quiet is this :

http://gawminers.com/collections/all-miners/products/rock-miner-r-box-32-37-gh-s-bitcoin-asic-miner

this item will not make money at the current prices of btc.  but you can learn about mining with it.

or you can get this for  119    needs a psu  the right one

http://www.ebay.com/itm/Bitmain-Antminer-S1-Miner-/321501426928?pt=US_Virtual_Currency&hash=item4adafa74f0

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Vortex20000
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August 27, 2014, 04:15:29 AM
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I recommend you mine an altcoin and then convert it to bitcoin, if you're mining with your computer. You won't get a payout before you die if you're mining with just 40-41 MH/s.


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August 27, 2014, 05:29:55 AM
 #5

I recently started mining bitcoin through Slush's pool and am just wondering what MH/s rate I should be expecting and if there was anything I could do to speed it up.  I'm not a tech guru and have it set up on my Imac that has a 3.06 GHz Intel Core 2 Duo processor and a ATI Raedon HD 4850 512mb Graphics card.  The maximum rate I've been getting is about 40-41 MH/s.  Is this par for the course for the limited hardware I have and is there anything I can do to speed it up?  Thanks.

Mine on wafflepool, you will get more bitcoin this way because you are mining other more profitable algo.
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August 27, 2014, 06:08:17 AM
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I recently started mining bitcoin through Slush's pool and am just wondering what MH/s rate I should be expecting and if there was anything I could do to speed it up.  I'm not a tech guru and have it set up on my Imac that has a 3.06 GHz Intel Core 2 Duo processor and a ATI Raedon HD 4850 512mb Graphics card.  The maximum rate I've been getting is about 40-41 MH/s.  Is this par for the course for the limited hardware I have and is there anything I can do to speed it up?  Thanks.

Not worth at all for the hash rate you are getting. Try sell the card and buy bitcoin directly.
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