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Author Topic: Real Newbie....  (Read 2042 times)
Inous (OP)
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May 25, 2011, 12:45:28 PM
 #1

Hello guys,

I'm a brand spanking new miner (as of 45 mins ago) and I have some quick questions.

First off my rig:

Q6600 Quad core Intel CPU

Nvidia GTX 285

8 Gigs of ram

Win7 64bit ultimate

So I noticed my Mhash/s rate is roughly 60, I'm currently using the deepbit pool and I'm wondering is this even feasible for bitcoin mining? I looked up a calculator and it said it would give me roughly 50 dollars a month. But I'm not sure if that's a pool rate or solo mining. Anyway, I'm seriously considering making my own bitcoin mining rig, but am hesitant because I don't know enough about bitcoin mining to know if it will turn a profit or not. I mean, can I really make some cash off of this? Can anyone give me a real world success story that will sell me on buying a bitcoin rig? I looked at some bitcoin rigs online and saw that some were producing 2Ghash/s (2000 Mhash/s ?) and plugged that into a calculator and saw that it would essentially pay itself off within 3 months, assuming that I turned 150 BTC in for cash.

So with being said, what are people doing? bitcoin mining then trading coins in for dollars?

Thanks a ton in advance

New miner piggy bank:
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Tukotih
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May 25, 2011, 12:55:56 PM
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I do bitcoin mining then save them up until I need them. The price per coin should raise in time since bitcoin mining slowly becomes non-profitable. But anything can happen, it's a bit of a gamble.
But with any Nvidia card you won't make alot of BTC. Sorry.

Donations always appreciated: 1GkRu9rZxk5iMRzsrcZxZ3BUHV1SWNZ9RB
IMPORTANT! Switch from deepbit: http://forum.bitcoin.org/index.php?topic=8653.0
Inous (OP)
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May 25, 2011, 01:10:05 PM
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just read your thread link about deepbit, switched to eligius... should i use a password? or keep it blank?

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May 25, 2011, 01:16:33 PM
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just read your thread link about deepbit, switched to eligius... should i use a password? or keep it blank?

Just do something random.
Inous (OP)
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May 25, 2011, 05:47:20 PM
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Thanks! any other advice for a newbie?

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SchizophrenicX
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May 25, 2011, 07:29:05 PM
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I'm not sure I can help but there are a lot of useful threads, tips & tricks consolidated in my guides

- Simple Newbie Guide
- Building a mining rig

Hope you find this useful Smiley

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May 25, 2011, 07:33:14 PM
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First off my rig:

Nvidia GTX 285

Thanks a ton in advance

Best advice I can give you is to run the rpcminer-cuda thats included with guiminer (its in the custom miner folder named puddinpop)

Just for comparison:

Opencl mining client with my geforce 460gtx peak at around 72mhash/s
Cuda mining client with my geforce 460gtx at exact same core/memory run at 88mhash/s

 

...In the land of the stale, the man with one share is king... >> Clipse

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