Topic: GPU card recommendation? (Read 1235 times)
Hmmm well I will have to discuss this with my staff. Perhaps its worth the investment in the long term to buy coins while mining a few as well?
Oh, so you want to mine?
An overclocked 5850 will get a bit more than 1 BTC/day in a pool, and after the next difficulty change, it will probably be right around 1BTC/day. Considering the growth of the network seems to be unabated, this will again drop to below 1 BTC/day after the following difficulty change. Soon you'll have to buy more and more video cards just to keep up.
Keep in mind that historically it has been more profitable to buy bitcoins than to mine them.
An overclocked 5850 will get a bit more than 1 BTC/day in a pool, and after the next difficulty change, it will probably be right around 1BTC/day. Considering the growth of the network seems to be unabated, this will again drop to below 1 BTC/day after the following difficulty change. Soon you'll have to buy more and more video cards just to keep up.
Keep in mind that historically it has been more profitable to buy bitcoins than to mine them.
The program is running although very slowly and the FAQ page posed this question;
https://en.bitcoin.it/wiki/FAQ#How_long_will_it_take_to_generate_all_the_coins?
I was considering a new system soon anyway but thought if I could get by with one of the Radeon 5000 series to generate several coins per day then it might be worth the effort. (At least thats the advice of my advisor.)
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I've been mining for a long time and haven't created any new Bitcoins. What's wrong?
In the early days of Bitcoin, it was easy for anyone to find new blocks using standard CPUs. As more and more people started mining, the difficulty of finding new blocks has greatly increased to the point where the average time for a CPU to find a single block can be many years. The only cost- or time-effective method of mining is using a high-end graphics card with special software (see also Why a GPU mines faster than a CPU). Since CPU mining is essentially useless, it may be removed from future versions of the Bitcoin software.
In the early days of Bitcoin, it was easy for anyone to find new blocks using standard CPUs. As more and more people started mining, the difficulty of finding new blocks has greatly increased to the point where the average time for a CPU to find a single block can be many years. The only cost- or time-effective method of mining is using a high-end graphics card with special software (see also Why a GPU mines faster than a CPU). Since CPU mining is essentially useless, it may be removed from future versions of the Bitcoin software.
https://en.bitcoin.it/wiki/FAQ#How_long_will_it_take_to_generate_all_the_coins?
I was considering a new system soon anyway but thought if I could get by with one of the Radeon 5000 series to generate several coins per day then it might be worth the effort. (At least thats the advice of my advisor.)
It has a PCI Express slot so I suppose you could stick a newer graphics card on it. Though that was a crappy low-end motherboard years ago when it came out, so it's going to be even worse now. The real question is, why do you want a new graphics card?
I have an Asus A8V-VMSE board with a Radeon X600 PCI card but was wondering if any of the Radeon late series cards will operate properly on it? (I know Im a newb but advice would help).
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