Topic: How can mining ever make me any money? - page 2. (Read 10186 times)
A new card isnt that expensive, and you can even exchange some of your btc for dollars and buy an used card, like a Radeon 5770 or 5750.
I'm a poor student who bought 50BTC some time ago, I don't want to sell yet and im just looking for a way to make more.
I can't believe there are people who can't even look into this enough to see the minimum reqs for making a profit before trying.
If you have a poor GPU you won't make money, if you wont put money into your system to make money mining isn't for you.
If you have a poor GPU you won't make money, if you wont put money into your system to make money mining isn't for you.
So I might as well give up? Because I'm not buying a new card for this.
Yes. Point.
Invest or leave it.
I just puchased 9 x 6990 for 3 mining servers. Decent investment. More to come.
So I might as well give up? Because I'm not buying a new card for this.
If your mining income < costs and you don't want to speculate for future (higher) price of bitcoin, then - yes.
So I might as well give up? Because I'm not buying a new card for this.
Nvidia cards are bad for mining.
Radeon 5830 and above are ideal for mining but out of stock almost everywhere.
Radeon 5830 and above are ideal for mining but out of stock almost everywhere.
That's why AMD HD 5800 or 6800 series & above cards are recommended for higher profitability in mining. I use my HD 5870 and make about $10+ a day 
So I've set up a worker on my PC using GUIMiner and using Slush's pool(http://mining.bitcoin.cz). The program says I'm getting 26 Mhash/sec(Nvidia 8800 GT). Which would make me 0.05 BTC/24h(0.88$), minus the 3% commissions. My increase in electric bill would be higher then what I make.
Am I missing something here?
Am I missing something here?
Only certain pieces of hardware are able to profit from Bitcoin mining; please take a look at https://en.bitcoin.it/wiki/Mining_hardware_comparison
The most used cards are the ATI HD 6xxx and 5xxx series.
So I've set up a worker on my PC using GUIMiner and using Slush's pool(http://mining.bitcoin.cz). The program says I'm getting 26 Mhash/sec(Nvidia 8800 GT). Which would make me 0.05 BTC/24h(0.88$), minus the 3% commissions. My increase in electric bill would be higher then what I make.
Am I missing something here?
Am I missing something here?
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