Assembling a computer with GPU for mining

Lover of Coin

newbie

Activity: 38

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Quote from: enhu on November 04, 2015, 08:49:55 AM

Mining bitcoin isn't profitable but altcoins can be. AS far as I know most of the solo miners don't go into bitcoin because of the hashrate and the equipment needed. They'd rather go for other coins.

It depends on if you can identify coin. It is hit and miss game. There are to many scam coins out there.

Corsa1r

member

Activity: 89

Merit: 10

Quote from: enhu on November 04, 2015, 08:49:55 AM

Mining bitcoin isn't profitable but altcoins can be. AS far as I know most of the solo miners don't go into bitcoin because of the hashrate and the equipment needed. They'd rather go for other coins.

well diff is rising a lot already and price on most altcoins are tanking because people are selling more now... so meh market adjusting itself. unprofitable already for me :/

enhu

legendary

Activity: 2478

Merit: 1018

Mining bitcoin isn't profitable but altcoins can be. AS far as I know most of the solo miners don't go into bitcoin because of the hashrate and the equipment needed. They'd rather go for other coins.

ryantc

sr. member

Activity: 329

Merit: 250

Bitcoin may be the TCP/IP of money.

Quote from: enhu on November 03, 2015, 05:48:07 PM

Been with local stores lately and found no ATI Raedon R9 290x series there are 270x and it cost about $330 here. Sad

Quote from: ryantc on November 03, 2015, 03:54:10 AM

is GPU mining still profitable?
I haven't mined anything for about a year, got like 5 cards collecting dust in the basement
Winter is coming so I can use the heat and the electricity is about 5 cent here

But, I've been out of business for such a long time, need to do some catch up

is NVIDA mining faster than AMD now?

Must be worth a try and I mean its just 5 cents maybe trying it for a week and see which coins/script works for it.

Doing some catch up studies in the forum and will give it a try as bitcoin price is rocking recently, it might be profitable

ryantc

sr. member

Activity: 329

Merit: 250

Bitcoin may be the TCP/IP of money.

Quote from: lmaonade80 on November 03, 2015, 05:04:54 PM

Quote from: ryantc on November 03, 2015, 03:54:10 AM

is GPU mining still profitable?
I haven't mined anything for about a year, got like 5 cards collecting dust in the basement
Winter is coming so I can use the heat and the electricity is about 5 cent here

But, I've been out of business for such a long time, need to do some catch up

is NVIDA mining faster than AMD now?

Depends on the algorithm. If you have a Maxwell chip, they're far more power efficient though.

they are all old AMD 7950/70s, i used to mine Scrypt coins till ASIC is out
I changed to X11 last year for about 2 days, and the good/bad thing is they don't generate enough heat in the winter Sad

Still doing my studies in the forum

enhu

legendary

Activity: 2478

Merit: 1018

Been with local stores lately and found no ATI Raedon R9 290x series there are 270x and it cost about $330 here. Sad

Quote from: ryantc on November 03, 2015, 03:54:10 AM

is GPU mining still profitable?
I haven't mined anything for about a year, got like 5 cards collecting dust in the basement
Winter is coming so I can use the heat and the electricity is about 5 cent here

But, I've been out of business for such a long time, need to do some catch up

is NVIDA mining faster than AMD now?

Must be worth a try and I mean its just 5 cents maybe trying it for a week and see which coins/script works for it.

lmaonade80

member

Activity: 124

Merit: 10

Quote from: ryantc on November 03, 2015, 03:54:10 AM

is GPU mining still profitable?
I haven't mined anything for about a year, got like 5 cards collecting dust in the basement
Winter is coming so I can use the heat and the electricity is about 5 cent here

But, I've been out of business for such a long time, need to do some catch up

is NVIDA mining faster than AMD now?

Depends on the algorithm. If you have a Maxwell chip, they're far more power efficient though.

ryantc

sr. member

Activity: 329

Merit: 250

Bitcoin may be the TCP/IP of money.

is GPU mining still profitable?
I haven't mined anything for about a year, got like 5 cards collecting dust in the basement
Winter is coming so I can use the heat and the electricity is about 5 cent here

But, I've been out of business for such a long time, need to do some catch up

is NVIDA mining faster than AMD now?

Enticed87

sr. member

Activity: 413

Merit: 250

Quote from: enhu on October 24, 2015, 07:46:21 AM

Which coin did you guys mine using these TI Raedon R9 GPU?
I'm hoping to acquire a computer such gpu from a local tech forum. which mining software do you use for it?

BFGminer for Sha-256, CGminer for Scrypt, Sgminer for all other Exotic Algorithms.

enhu

legendary

Activity: 2478

Merit: 1018

Which coin did you guys mine using these TI Raedon R9 GPU?
I'm hoping to acquire a computer such gpu from a local tech forum. which mining software do you use for it?

bileq

legendary

Activity: 1274

Merit: 1068

i dont know what the situation is now but once upon a time r9 270x was the best effective card. i mean hashrate/electricity costs

Enticed87

sr. member

Activity: 413

Merit: 250

I use my old gaming AMD r9 280x, it is good for a lot of algorithms if power is free though imagine a bunch of them Grin

devil11

sr. member

Activity: 398

Merit: 250

I thinks you should have to try a series of ATI Raedon R9 290x. It can mine well as like other card, in my experience it is best GPU for mining Bitcoins, Altcoins etc. !

Lover of Coin

newbie

Activity: 38

Merit: 0

If you treat mining as a hobby or you have very low cost of electricity, then it is OK to mine. Otherwise mining is not profitable.

There are many instructions on the website.

enhu

legendary

Activity: 2478

Merit: 1018

I'm just going to as for tips on what kind of GPU should a computer have to be able to mine altcoins?
If for instance I can afford or maybe buy an existing one in our local store, maybe I can start mining altcoins, please suggest.

Topic: Assembling a computer with GPU for mining (Read 1441 times)