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Topic: dirt-cheap mining plus free electricity (Read 3339 times)

dm8
newbie
Activity: 30
Merit: 0
June 19, 2013, 06:17:29 PM
#42
Not according to the police. To the police high power usage means you must be growing pot and they can get a warrant on that basis alone. Buy cold pills and starter fluid in the same month you are looking at a visit by the police too. We don't live in a free country anymore. Its a police state. Anyone that doesn't see it is naive.
in the uk a spike in usage will trigger someone in a hi-viz vest turning up unannouced with a heat reading camera at your property. the energy companies are compelled by laww to highlight these spikes . if the local police decide to kick down your door looking for weed and find your overclocked asics, good lucking trying to get any comp for your downtime. your average plod is, lets face facts, thick as sh1t
sr. member
Activity: 420
Merit: 250
I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

Buy one of those big rigs!  but becareful as your electrical usage will attract the authorities ad they think you're growing weed.

lots of electricity usage means growing weed? wat?

no, it means lots of electricity usage.

Not according to the police. To the police high power usage means you must be growing pot and they can get a warrant on that basis alone. Buy cold pills and starter fluid in the same month you are looking at a visit by the police too. We don't live in a free country anymore. Its a police state. Anyone that doesn't see it is naive.
member
Activity: 64
Merit: 10
The evil 6990

Just checked it out. Wow! Water cool and get a fire extinguisher.  Grin
sr. member
Activity: 406
Merit: 250
I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

Buy one of those big rigs!  but becareful as your electrical usage will attract the authorities ad they think you're growing weed.

lots of electricity usage means growing weed? wat?

no, it means lots of electricity usage.
full member
Activity: 224
Merit: 100
I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

Buy one of those big rigs!  but becareful as your electrical usage will attract the authorities ad they think you're growing weed.
newbie
Activity: 52
Merit: 0
(another ed: hmm.  i wonder if there will be lots of 'clearance' deals on radeons here soon)

I think there's going to be a LOT of used Radeon cards on ebay in the next few months.
zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
it can use 400-450 watts if you overclock it

for bitcoin mining, you can get close to 300mhash on a 7790  for about 70 watts

unsure what the current prices are, but newegg used to have this sapphire 7790 on rebate for $110 over and over.  also a powercolor for $115.  after you sold the games, it'd be around $85 and $90 respectively (they were worth more back then, like a month ago).  

now, obv this requires some of your time and effort (10 minutes to do all the crap for the rebate and maybe 10 minutes to list the gaming codes on ebay and another 5 minutes of BSing with the person that buys em?)...   but throwing that aside, you could just not even open the box for that card and sell it as 'brand new' on ebay and make about a 20% profit after fees (assuming you have a shop or w/e).

or you could mine with it for a month or two then sell it.  not sure which way is better.  i chose the mining route, but my elec is 6.8c

(another ed: hmm.  i wonder if there will be lots of 'clearance' deals on radeons here soon)
legendary
Activity: 2912
Merit: 1060
The evil 6990
member
Activity: 64
Merit: 10
No a gpu uses 0.350 kwh

Witch one?
member
Activity: 98
Merit: 10
It's worth keeping your laptop useful

Agreed, but I have an extra - as well as another that just needs a pwr suppply. but haha doesn't matter anyway as judging from what I've read sofar it appears that it's not worth it using a laptop. heck, I'm no longer even sure it's worth it using a desktop.
sr. member
Activity: 406
Merit: 250
If you're going to mine on a laptop you pretty much agree you won't be using it.
legendary
Activity: 2912
Merit: 1060
It's worth keeping your laptop useful
sr. member
Activity: 406
Merit: 250
You might as well buy a cheap desktop

And pay $100-300 more?
legendary
Activity: 2912
Merit: 1060
You might as well buy a cheap desktop
sr. member
Activity: 406
Merit: 250
Lmao, good luck burning out your ac adapter or funding pcie power

Most mining grade cards won't even run without an external power supply hooked up to the PCI-E power connectors. Just connect any regular old PSU. no big deal.
legendary
Activity: 2912
Merit: 1060
Lmao, good luck burning out your ac adapter or funding pcie power
sr. member
Activity: 406
Merit: 250
I have limited funds but electricity is included in my rent. All things considered, what's the cheapest reasonable way that I can get into mining?

Don't bother, you won't make any money mining at this point. GPU mining is dead and you missed out on the ASICs.

You can't GPU mine on a laptop.

Just get one of these.

http://www.ebay.com/itm/HWTOOLS-PM2-V2-1-PCI-E-Mini-PCI-E-adapter-Extend-you-Laptop-to-Anywhere-/170990045076?pt=LH_DefaultDomain_0&hash=item27cfcd0794

Put it in the mini-PCI slot of your laptop, and connect a riser to your full-size pci-e card.



No problemo.
legendary
Activity: 2912
Merit: 1060
Then explain vA.
legendary
Activity: 1456
Merit: 1000
What if I turn all the lights off and keep them off, will that compensate for it? Or I could buy a gerbil and put it in a treadmill attached to a small generator. Would that help?

Gerbil will do as much for you once even more asics are out.  If you are serious add it up.  Take difficulty going up 15-25ish percent each change.  Starting once you receive cards.  Take into account Ebay fees if you decide to sell. 

Its a gamble but if you enjoy it.... there are worst ways to spend cash.
legendary
Activity: 3206
Merit: 1069
no a 7950 is just 200 watt per hour
watt = power. There's no such thing as "watt per hour". There's only (kilo)watt hour, which measures energy.
i mean 0.2kw of course which is equal to 200 watt
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