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Topic: In two days i'm stopping GPU Mining ! - page 3. (Read 6299 times)

legendary
Activity: 1680
Merit: 1014
July 09, 2013, 01:06:03 PM
#14
Mining an equivalent of about 0.7 BTC per 10 day period, when converted from LTC (2.1 LTC per day). When I stopped mining BTC directly two weeks ago, I was getting only about 0.4BTC per 10 days.
legendary
Activity: 1190
Merit: 1000
July 09, 2013, 12:10:59 PM
#13
I tried ltc mining for a week, mined about 8 litecoins, sent them to vircurex and exchanged to fiat. Problem is how do you get your money out. Also, yes theoretically you can make more money with altcoins but I didnt see it, during the 5 days of mining ltc.

Now, I am back to mining btc, much much better and more convertible even with monsterous difficulty and downward orice.

You can change litecoin into bitcoin and then send the bitcoins to your favorite exchange.
sr. member
Activity: 448
Merit: 250
July 09, 2013, 12:01:44 PM
#12
I tried ltc mining for a week, mined about 8 litecoins, sent them to vircurex and exchanged to fiat. Problem is how do you get your money out. Also, yes theoretically you can make more money with altcoins but I didnt see it, during the 5 days of mining ltc.

Now, I am back to mining btc, much much better and more convertible even with monsterous difficulty and downward orice.
legendary
Activity: 1680
Merit: 1014
July 09, 2013, 10:14:17 AM
#11
If you got Time to point your Miner to the most profitable Coin, it still makes some sense
but you have to be up to Date with the newest Coins.

May I suggest my front-end program, Crypto Miners in Tray: https://bitcointalksearch.org/topic/crypto-miners-in-tray-a-lightweight-front-end-for-unattended-mining-149442
It can check profitability data from CoinChoose.com and fire the most profitable miner in your configuration.
sr. member
Activity: 255
Merit: 250
July 09, 2013, 08:29:02 AM
#10
I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.

When mining Bitcoin you can downclock your memory and save heaps of electricity. With scrypt coins you can't.



You can undervolt the same on SHA and scrypt

Rubbish! With SHA-256 I can underclock my memory down to 150MHz. With scrypt I have to overclock to get good results.

Especially for you (dumbass): underclock allows undervolt. overclock ... not.
legendary
Activity: 3472
Merit: 1722
July 09, 2013, 08:09:58 AM
#9
You can undervolt the same on SHA and scrypt

But then your GPU overclock is very limited.
legendary
Activity: 2156
Merit: 1131
July 09, 2013, 07:59:07 AM
#8
I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.

When mining Bitcoin you can downclock your memory and save heaps of electricity. With scrypt coins you can't.



You can undervolt the same on SHA and scrypt
hero member
Activity: 574
Merit: 500
July 09, 2013, 05:38:40 AM
#7
Wise move...move on !    Cool
sr. member
Activity: 308
Merit: 250
verified ✔
July 09, 2013, 05:29:27 AM
#6
If you got Time to point your Miner to the most profitable Coin, it still makes some sense
but you have to be up to Date with the newest Coins.
full member
Activity: 151
Merit: 100
July 09, 2013, 05:21:09 AM
#5
game over! Embarrassed

The game is not over! Bitcoin is not about mining! Mining is just there to secure the network.
sr. member
Activity: 255
Merit: 250
July 09, 2013, 05:19:21 AM
#4
I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.

When mining Bitcoin you can downclock your memory and save heaps of electricity. With scrypt coins you can't.

legendary
Activity: 2156
Merit: 1131
July 09, 2013, 04:31:18 AM
#3
I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
July 09, 2013, 04:12:16 AM
#2
why not just turn direct it at something more profitable..... like litecoin, if i had a GPU rig i would have done this ages ago.... people like you are contributing to the ever increasing difficulty by not moving on   Wink
member
Activity: 103
Merit: 10
July 09, 2013, 04:03:26 AM
#1
Due to the new difficulty coming in 2 days, my mining rig (3 x 5830) will cost more power as BTC revenue.

It will be cheaper buying the coins ...

for information:

Power consumption of the 3 cards 300 Wh ( about 35 euros / month)
With about 900 Mh I get (now!!!) 0.7 BTC /month = 60 euros *0.7 = 42 euros.

game over! Embarrassed
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