Pakistan - page 1213. | Bitcointalksearch.org

saif313

member

Activity: 84

Merit: 10

Quote from: Abdussamad on September 20, 2013, 06:02:26 PM

Quote from: saif313 on September 20, 2013, 04:28:37 PM

Quote from: rampantparanoia on September 18, 2013, 12:12:45 PM

for BTC, asic is the only way - however, I guarantee that any investment you make now (unless extremely substantial, like in the Th/s speeds) will take a long time to get your money back.

Preordered ASICs are landing in the hands of the customers, and difficulty is rising greatly

what about usb which using for mining is this ok and in reach of all or its also very hard to earn

The consensus seems to be that block erupter USBs are not profitable. They are more of a novelty item. You can tell a lot by the price at various times. It was introduced at 2BTC and the price fell all the way to the current 0.10 BTC.

edit: You may want to refer to this graph. It shows how difficulty increased over time:

http://mining.thegenesisblock.com/

thanks its very useful now I want to give try to this mining once and now will do with GPU and LTC as I have this set up I send you message thanks

Abdussamad

legendary

Activity: 3724

Merit: 1586

Quote from: saif313 on September 20, 2013, 04:28:37 PM

Quote from: rampantparanoia on September 18, 2013, 12:12:45 PM

for BTC, asic is the only way - however, I guarantee that any investment you make now (unless extremely substantial, like in the Th/s speeds) will take a long time to get your money back.

Preordered ASICs are landing in the hands of the customers, and difficulty is rising greatly

what about usb which using for mining is this ok and in reach of all or its also very hard to earn

The consensus seems to be that block erupter USBs are not profitable. They are more of a novelty item. You can tell a lot by the price at various times. It was introduced at 2BTC and the price fell all the way to the current 0.10 BTC.

edit: You may want to refer to this graph. It shows how difficulty increased over time:

http://mining.thegenesisblock.com/

saif313

member

Activity: 84

Merit: 10

Quote from: rampantparanoia on September 18, 2013, 12:12:45 PM

for BTC, asic is the only way - however, I guarantee that any investment you make now (unless extremely substantial, like in the Th/s speeds) will take a long time to get your money back.

Preordered ASICs are landing in the hands of the customers, and difficulty is rising greatly

what about usb which using for mining is this ok and in reach of all or its also very hard to earn

rampantparanoia

sr. member

Activity: 516

Merit: 283

for BTC, asic is the only way - however, I guarantee that any investment you make now (unless extremely substantial, like in the Th/s speeds) will take a long time to get your money back.

Preordered ASICs are landing in the hands of the customers, and difficulty is rising greatly

saif313

member

Activity: 84

Merit: 10

Quote from: rampantparanoia on September 18, 2013, 09:47:37 AM

Quote from: saif313 on September 18, 2013, 06:34:01 AM

I am doing some research in mining and trying to do this but as you mentioning its very less 2.5$ in a day if we want to do near 25$ then what we have to do if you can explain if this is too much then between 10 to 15$ I am waiting for your reply

simple formula.

1 machine gets you $2.5 a day.
10 machines get you $25 a day.
subtract electricity costs, you have your daily profit (unless the $2.5/machine/day has that already calculated)

good tip but its costs too much and want some more then 2.5$ per machine is possible

rampantparanoia

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Activity: 516

Merit: 283

Quote from: saif313 on September 18, 2013, 06:34:01 AM

I am doing some research in mining and trying to do this but as you mentioning its very less 2.5$ in a day if we want to do near 25$ then what we have to do if you can explain if this is too much then between 10 to 15$ I am waiting for your reply

simple formula.

1 machine gets you $2.5 a day.
10 machines get you $25 a day.
subtract electricity costs, you have your daily profit (unless the $2.5/machine/day has that already calculated)

saif313

member

Activity: 84

Merit: 10

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.

I am doing some research in mining and trying to do this but as you mentioning its very less 2.5$ in a day if we want to do near 25$ then what we have to do if you can explain if this is too much then between 10 to 15$ I am waiting for your reply

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

its good to see now many friends coming here and doing this stuff its positive start Cool

Britman

newbie

Activity: 30

Merit: 0

buying and selling bitcoins in lahore or selling litecoins, jistara aap na karna hai meeting ya jo b kardunga

saif313

member

Activity: 84

Merit: 10

Quote from: Britman on September 15, 2013, 10:21:36 AM

very suprised to see so many pakistanis on here, i was on most exchanges and all i seen where the indians from next door, i am currently IN lahore and agar kissey ko bitcoins ya LTC ( LITECOIN ) chaya mujay pls skype add kardo DPORTZ1 lahore mai local laysk ta ho,

good to see any person from Lahore is here I am also from Lahore

Britman

newbie

Activity: 30

Merit: 0

very suprised to see so many pakistanis on here, i was on most exchanges and all i seen where the indians from next door, i am currently IN lahore and agar kissey ko bitcoins ya LTC ( LITECOIN ) chaya mujay pls skype add kardo DPORTZ1 lahore mai local laysk ta ho,

ReBoRn

sr. member

Activity: 392

Merit: 250

Bitcoin will survive

I am reading here and watching all and just understand something that mining is very good work if you can do but want to ask all hard ware available in Pakistan for this and can we do as guys doing in other countries

saif313

member

Activity: 84

Merit: 10