Not to make you feel bad, but you'll almost definitely not ever see that back. $1.14 / Mhash is way too much.
Admittedly I bought in the heyday and got lucky in many ways, but my Price was about $2.41 / MHash, or $0.41 / MHash, buying in about 101000 difficulty, and it took me roughly 45 days to cover costs.
The difficulty is now > 10x higher than that, and you're paying almost triple per mhash. It will be rough for you my friend. Admittedly price is higher now but it also varies quite a bit and is not on the up up up that it once was. Best of luck to you though.
Topic: Capital cost. - page 3. (Read 4331 times)
I started with nothing. So the cost you see is for everything, motherboards power supplies, etc. $50 wouldn't buy you any computational power.
True, very true.
I was lucky enough to have an old Dell in my closet. I dusted it off and it had two open PCIe slots
So the $50 I mentioned was only to purchase my first GPU, it was a Radeon 5670 I believe.However, if I were not so lucky, I would be a completely different situation.
I started with nothing. So the cost you see is for everything, motherboards power supplies, etc. $50 wouldn't buy you any computational power.
That's a lot more than I've spent.
I think my initial investment was $50, and I've continually reinvested the generated BTC back into my mining rig. I am currently up to 385 MH/s and only out of pocket my initial $50
I think my initial investment was $50, and I've continually reinvested the generated BTC back into my mining rig. I am currently up to 385 MH/s and only out of pocket my initial $50
I've just finished my first month of mining and have finally stopped buying computer stuff.
Capital $8,000 - 21 graphics cards running on 7 motherboards.
MHash/s 7,000
So I paid $1.14 for each MHash/s capability. How does that compare to others?
Capital $8,000 - 21 graphics cards running on 7 motherboards.
MHash/s 7,000
So I paid $1.14 for each MHash/s capability. How does that compare to others?
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