Author

Topic: Sort of new here, need some help. (Read 811 times)

sr. member
Activity: 266
Merit: 250
January 29, 2014, 05:02:40 AM
#11
Just was introduced to Bitcoin last week by a buddy of mine at school. I understand it pretty well, and it seems like something I'd like to get into. I just have a couple questions. So I run a gaming PC with an NVidia card. I quickly found out that it's not adequate because AMD cards work better. I have some specs laid out for a mining rig, with a Radeon R7 260X. I would rather do the second option. I was looking into the Bitmain AntMiner. It's 60 bucks and is goes through USB. It says 1.6 GH/s. I don't pay for my electricity by the way.


How many hashes would that Radeon churn out?
 

Can I run the antminer on my raspberry pi to save a buttload of energy?

How fast is 1.6 GH/s?

About how many USD per day would this get me?

EDIT: OR would I be better off getting several ASICminer block eruptors for 20 each and running those?



r7 260x can give you around 250kh. it can earn you 0.1ltc/day or about $2
you can run antminer on raspberry pi.
1.6gh is worthless!
usd per day with 1.6gh??? around $0.30/day and less and less and less with every difficulty jump (13 days)!
each block erupter can earn you around $0.06/day so no point either.


forget about it IMHO.
full member
Activity: 140
Merit: 100
Don't fear Crypto Exchanges go with honest well kn
January 29, 2014, 04:58:51 AM
#10
Well your talking about Graphics card then going to Antminer that's two different types of machines Graphics Card Scrypt as of current Asic Sha256
The antminer would take you a very long time to see any ROI on any of the altcoins out there. With 60 I would buy BTC directly or save up for the big guns like the 160G/H for 1600 but that will seen be outdated and I will use it to mine alt coins and trade them for BTC. After I buy a script miner of course Smiley.
hero member
Activity: 518
Merit: 500
January 29, 2014, 04:54:27 AM
#9
Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly  Wink

Just run extension cord from your neighbor's house. Jk

lol. Remind me not to move next door to ya.
hero member
Activity: 868
Merit: 1000
January 29, 2014, 04:49:30 AM
#8
Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly  Wink

Just run extension cord from your neighbor's house. Jk

lol.
Still, you better prepare the "wasn't me" face Tongue
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
January 29, 2014, 01:31:58 AM
#7
Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly  Wink

Just run extension cord from your neighbor's house. Jk
hero member
Activity: 518
Merit: 500
January 29, 2014, 12:42:40 AM
#6
Whoever is paying the electricity will definitely notice the bill, and you should plan your "wasn't me" face accordingly  Wink
sr. member
Activity: 476
Merit: 251
COINECT
January 29, 2014, 12:35:22 AM
#5
To be clear, with any standard hardware your parents will probably end up paying more in electricity than you'll make in mining. Even specialized hardware becomes rapidly outdated. The most profitable way to make Bitcoins is to mine altcoins and then trade them for Bitcoins.
hero member
Activity: 868
Merit: 1000
January 29, 2014, 12:31:43 AM
#4
Mommy isn't going to be thrilled with the new electric bill.

lol  Cheesy

just buy some bitcoin on an exchange instead.

+1
If your mining profitability comes from the expected uprising bitcoin price in the future, then you should just buy btc directly.
newbie
Activity: 22
Merit: 0
January 28, 2014, 11:29:46 PM
#3
Here is a nice calculator where you can plug your #'s in
http://tpbitcalc.appspot.com/

TLDR; just buy some bitcoin on an exchange instead.
newbie
Activity: 42
Merit: 0
January 28, 2014, 11:25:56 PM
#2
Mommy isn't going to be thrilled with the new electric bill.
newbie
Activity: 1
Merit: 0
January 28, 2014, 11:23:09 PM
#1
Just was introduced to Bitcoin last week by a buddy of mine at school. I understand it pretty well, and it seems like something I'd like to get into. I just have a couple questions. So I run a gaming PC with an NVidia card. I quickly found out that it's not adequate because AMD cards work better. I have some specs laid out for a mining rig, with a Radeon R7 260X. I would rather do the second option. I was looking into the Bitmain AntMiner. It's 60 bucks and is goes through USB. It says 1.6 GH/s. I don't pay for my electricity by the way.


How many hashes would that Radeon churn out?
 

Can I run the antminer on my raspberry pi to save a buttload of energy?

How fast is 1.6 GH/s?

About how many USD per day would this get me?

EDIT: OR would I be better off getting several ASICminer block eruptors for 20 each and running those?

Jump to: