Pakistan - page 1186. | Bitcointalksearch.org

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: nawazish1 on August 14, 2013, 12:45:26 PM

Quote from: rampantparanoia on August 14, 2013, 12:08:00 PM

Quote from: nawazish1 on August 14, 2013, 12:02:42 PM

Quote from: rampantparanoia on August 14, 2013, 11:50:59 AM

is mining btc today with your set up profitable? now that asics have hit the market, shouldn't there be some available in pk?

Even with Asics BTC is not profitable you can never breakeven the hardware costs. So the better option is to buy a GPU and mine alts.

which alt coins are you mining? i've tried my hand at ltc but my hardware wasn't quite up to spec... was only getting 12Kh/s cpu mining

CPU mining is obsolete now. You can't have any profit in any coin. I am mining with an AMD Radeon 7950 it produces 550kh/s. I mostly Mine PXC with it. But some times I mine a coin which hasn't yet hit an exchange to get more profit from it. Then I sell that coin and buy PXC with it. I am mining for long term.

what is you thoughts about mining in any system is this good profitable or just taking too much time I have some discussion with few friends and they all talking about this its now not too much profitable in any case so please tell what your thoughts about these all in general

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: rampantparanoia on August 14, 2013, 12:08:00 PM

Quote from: nawazish1 on August 14, 2013, 12:02:42 PM

Quote from: rampantparanoia on August 14, 2013, 11:50:59 AM

is mining btc today with your set up profitable? now that asics have hit the market, shouldn't there be some available in pk?

Even with Asics BTC is not profitable you can never breakeven the hardware costs. So the better option is to buy a GPU and mine alts.

which alt coins are you mining? i've tried my hand at ltc but my hardware wasn't quite up to spec... was only getting 12Kh/s cpu mining

CPU mining is obsolete now. You can't have any profit in any coin. I am mining with an AMD Radeon 7950 it produces 550kh/s. I mostly Mine PXC with it. But some times I mine a coin which hasn't yet hit an exchange to get more profit from it. Then I sell that coin and buy PXC with it. I am mining for long term.

rampantparanoia

sr. member

Activity: 516

Merit: 283

Quote from: nawazish1 on August 14, 2013, 12:02:42 PM

Quote from: rampantparanoia on August 14, 2013, 11:50:59 AM

is mining btc today with your set up profitable? now that asics have hit the market, shouldn't there be some available in pk?

Even with Asics BTC is not profitable you can never breakeven the hardware costs. So the better option is to buy a GPU and mine alts.

which alt coins are you mining? i've tried my hand at ltc but my hardware wasn't quite up to spec... was only getting 12Kh/s cpu mining

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: rampantparanoia on August 14, 2013, 11:50:59 AM

is mining btc today with your set up profitable? now that asics have hit the market, shouldn't there be some available in pk?

I have no Idea about this that its available or not but check in next few days so watch what happen to this idea

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: rampantparanoia on August 14, 2013, 11:50:59 AM

is mining btc today with your set up profitable? now that asics have hit the market, shouldn't there be some available in pk?

Even with Asics BTC is not profitable you can never breakeven the hardware costs. So the better option is to buy a GPU and mine alts.

rampantparanoia

sr. member

Activity: 516

Merit: 283

is mining btc today with your set up profitable? now that asics have hit the market, shouldn't there be some available in pk?

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: faiza1990 on August 14, 2013, 05:49:44 AM

Its look like really good now I understand first phase of this after read many threads but all not useful for me not its look like better and now want to ask software which one is important and all software which we need for this

I had compiled a Mining guide for an altcoin named PXC. You can see this link to learn about mining. But keep in mind that you will need different pools if you want to mine any other coin. Just let me know and I will find you pools for it.

here is the link https://bitcointalksearch.org/topic/m.2675538

You also need to keep in mind that there are different strategies to mine coins. To make it simple I am dividing them in to two.

1) Mine coins for per day profit. i.e you will mine coins and will convert them to dollars after you have mined them. So you can get an average of $2.5 earning per day.

2) Mine coins for long term 1.e First you research on different coins and see if the developers are actively developing them or not then you pick the one you think will be successful in the future and will make you huge profit. You start mining that coin and keep it as long as you can and then convert them to Dollars. This strategy requires lots of patience. And is best if you want to have a big profit.

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: nawazish1 on August 14, 2013, 05:13:37 AM

Quote from: faiza1990 on August 14, 2013, 04:50:21 AM

Quote from: nawazish1 on August 13, 2013, 04:51:07 PM

Quote from: faiza1990 on August 13, 2013, 04:46:45 PM

I don't no about this but just hearing too much so just because of this asking about this first of all tell which hardware are needed for this and is this possible in Pakistan

The answer is yes it is possible in Pakistan. And only AMD graphics cards can be used to mine coins. The best Card for mining is Radeon 7950. It can produce 550Kh/s which is an average speed can mine about $2.5 worth of coins per day. The cards price is about 34,000 PKR.

what is total price of this system and can you give all hardware list which need for this system I read some other threads but cannot understand so write here a list which needs for this

To make it simple & cheap I would recommend to buy a second hand branded PC.

Specification of branded PC:

1) Casing should be in tower. Must have enough space for the card.

2) there should be a PCI-Express X-16 slot in it.

3) 3-4 GB of RAM.

4) Any cheap processor. 1.8 Ghz would be enough.

5) Must have a 450-500 watts power supply in it.

I am using the exact same specs my PC's model and company name is : HP xw4400 Workstation.

Cost = 10,000 PKR (every thing is second hand in it)

Card = AMD Radeon 7950 Brand HIS = 34,000 PKR

Total cost = 44,000 PKR

Can tell you the price of the new PC aswell but that would be too expensive. Will cost near about 85,000 PKR.

Its look like really good now I understand first phase of this after read many threads but all not useful for me not its look like better and now want to ask software which one is important and all software which we need for this

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: faiza1990 on August 14, 2013, 04:50:21 AM

Quote from: nawazish1 on August 13, 2013, 04:51:07 PM

Quote from: faiza1990 on August 13, 2013, 04:46:45 PM

I don't no about this but just hearing too much so just because of this asking about this first of all tell which hardware are needed for this and is this possible in Pakistan

The answer is yes it is possible in Pakistan. And only AMD graphics cards can be used to mine coins. The best Card for mining is Radeon 7950. It can produce 550Kh/s which is an average speed can mine about $2.5 worth of coins per day. The cards price is about 34,000 PKR.

what is total price of this system and can you give all hardware list which need for this system I read some other threads but cannot understand so write here a list which needs for this

To make it simple & cheap I would recommend to buy a second hand branded PC.

Specification of branded PC:

1) Casing should be in tower. Must have enough space for the card.

2) there should be a PCI-Express X-16 slot in it.

3) 3-4 GB of RAM.

4) Any cheap processor. 1.8 Ghz would be enough.

5) Must have a 450-500 watts power supply in it.

I am using the exact same specs my PC's model and company name is : HP xw4400 Workstation.

Cost = 10,000 PKR (every thing is second hand in it)

Card = AMD Radeon 7950 Brand HIS = 34,000 PKR

Total cost = 44,000 PKR

Can tell you the price of the new PC aswell but that would be too expensive. Will cost near about 85,000 PKR.

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: nawazish1 on August 13, 2013, 04:51:07 PM

Quote from: faiza1990 on August 13, 2013, 04:46:45 PM

I don't no about this but just hearing too much so just because of this asking about this first of all tell which hardware are needed for this and is this possible in Pakistan

The answer is yes it is possible in Pakistan. And only AMD graphics cards can be used to mine coins. The best Card for mining is Radeon 7950. It can produce 550Kh/s which is an average speed can mine about $2.5 worth of coins per day. The cards price is about 34,000 PKR.

what is total price of this system and can you give all hardware list which need for this system I read some other threads but cannot understand so write here a list which needs for this

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: faiza1990 on August 13, 2013, 04:46:45 PM

I don't no about this but just hearing too much so just because of this asking about this first of all tell which hardware are needed for this and is this possible in Pakistan

The answer is yes it is possible in Pakistan. And only AMD graphics cards can be used to mine coins. The best Card for mining is Radeon 7950. It can produce 550Kh/s which is an average speed can mine about $2.5 worth of coins per day. The cards price is about 34,000 PKR.

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

I don't no about this but just hearing too much so just because of this asking about this first of all tell which hardware are needed for this and is this possible in Pakistan

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: faiza1990 on August 13, 2013, 04:25:40 PM

sorry guys last time I done a mistake and write threats in place of threads and want to ask what is going here no discussion and no movement is any body known about mining and can give any information about this here Cool

I am mining right now and know many things about it. You can ask any question. Just post here and I will answer it. Or you can P.M me as well.

I am really happy to see Pakistanis in here. Was feeling alone for three months till I got a PM from Abdussamad.

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

sorry guys last time I done a mistake and write threats in place of threads and want to ask what is going here no discussion and no movement is any body known about mining and can give any information about this here Cool

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: Tolek on August 13, 2013, 09:23:16 AM

-shudder-

Uhh, umm, don't blow me up! I mean, umm, salaaaaaaaaaaaaaaaaammmm!

Walikum asalam

Tolek

newbie

Activity: 18

Merit: 0

-shudder-

Uhh, umm, don't blow me up! I mean, umm, salaaaaaaaaaaaaaaaaammmm!

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: rampantparanoia on August 12, 2013, 10:19:40 PM

not in pk but from pk. salaams to all

Walikum asalam.

rampantparanoia

sr. member

Activity: 516

Merit: 283

not in pk but from pk. salaams to all

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: Abdussamad on August 12, 2013, 08:57:08 AM

Hey Nawazish and others

What wallet do you guys use? I use electrum and in the past used blockchain.info mywallet.

I keep BTC in blockchain.info online wallet. Never used a local BTC wallet. I mostly use altcoins so never needed that.

Abdussamad

legendary

Activity: 3710

Merit: 1586

Hey Nawazish and others

What wallet do you guys use? I use electrum and in the past used blockchain.info mywallet.

Topic: Pakistan - page 1186. (Read 6487713 times)