@mynameismud
Thanks for the link. It is useful although they do not ship international, so I need to look for local supplier.
In this configuration they use 650W PSU , but I thought about 550W for two cards HD7950.
Maybe it is worth to add extra Watts...
Also I read that Linux configuration is more stable however it is not so flexible for overclocking.
Topic: Wanna be newbie miner (Read 961 times)
Thanks to everyone for the warm welcome. Looks like I gonna have me some fun!
Welcome and good luck!
I just started GPU mining as well. Have 2 HD7970's tearing up some LTC! Not really looking to make a profit but if the rig pays for itself in a timely manner (not paying for elec) then I will consider it a smashing success!
Good luck to you!
As I do not want to create new topic I want to ask is it still good idea to do GPU mining.Good luck to you!
I want to buy new gaming/mining computer and I think about HD7950. Maybe then I could upgrade it to 2 HD7950.
How much Watt consumption should I assume for two graphics cards with AMD Phenom II processor?
I would like to mine when I do not use this computer.
You mention about mining LTC. Does this makes more sense?
Still too much of a newbie to really answer most of this question but I can tell you that my profits mining LTC are greater than mining BTC. In regards to GPUs I purchased HD7970s but if I had the chance to do it again I would purchase 7950s as the hashrates are similar (from what I'm told) but the cards are cheaper.
For power consumption I would just do the math - the specs are all available and accurate.
I hope I'm not violating any policies by posting this but I got my rig from ebay as a pre-built BTC/LTC mining rig. The machine was very well built and reasonably priced (less than I could build it for anyway - not to mention that I didn't have to spend time building it). As I mentioned previously if the machine pays for itself in a timely manner I'll consider it a smashing success.
http://www.ebay.com/itm/Bitcoin-Litecoin-Mining-PC-FX6300-2-x-HD7950-crossfire-Win7-Win8-8GB-RAM-650W/261216083769?ssPageName=WDVW&rd=1&ih=016&category=179&cmd=ViewItem
Hello and welcome
I just started GPU mining as well. Have 2 HD7970's tearing up some LTC! Not really looking to make a profit but if the rig pays for itself in a timely manner (not paying for elec) then I will consider it a smashing success!
Good luck to you!
As I do not want to create new topic I want to ask is it still good idea to do GPU mining.Good luck to you!
I want to buy new gaming/mining computer and I think about HD7950. Maybe then I could upgrade it to 2 HD7950.
How much Watt consumption should I assume for two graphics cards with AMD Phenom II processor?
I would like to mine when I do not use this computer.
You mention about mining LTC. Does this makes more sense?
I just started GPU mining as well. Have 2 HD7970's tearing up some LTC! Not really looking to make a profit but if the rig pays for itself in a timely manner (not paying for elec) then I will consider it a smashing success!
Good luck to you!
Good luck to you!
List of Avalon ASIC Miner Developers
https://bitcointalksearch.org/topic/m.1998569
Low Watt Miners GH/BTC, ROI
https://bitcointalksearch.org/topic/mining-equipment-manufacturers-209750
https://bitcointalksearch.org/topic/m.1998569
Low Watt Miners GH/BTC, ROI
https://bitcointalksearch.org/topic/mining-equipment-manufacturers-209750
Sorry for the noob question but what is mining and how does it work 
Maybe you find this link useful: https://en.bitcoin.it/wiki/FAQ#Mining
Welcome to the forum. Enjoy !
I suggest you buy dividend paying shares in a mining company like ASICMINER. You get weekly payouts, and the share prices are rising presently 
You can grab some pass-through shares on bitfunder.com or btct.co.
Also a new asset, PAMB on bitfunder has paid weekly dividends at ~2.5% of share price. This is a spectacular return on investment, but it smells to good to be true.
Alternatively, grab a ATI 7870 and mine some litecoin. You'll be getting a solid video card and get a decent hashing rate.
If you want to mine BTC personally, you need to grab some ASIC hardware. There have been a lot of bulk chip sales lately, so I suggest you wait a couple of months, because I think the hardware economy will be more competitive, and it will be more of a buyer's market. The difficulty will be higher then, but with all the new hardware coming online at the moment, you want to avoid paying super-high prices for ASIC tech at the moment.
You can grab some pass-through shares on bitfunder.com or btct.co.
Also a new asset, PAMB on bitfunder has paid weekly dividends at ~2.5% of share price. This is a spectacular return on investment, but it smells to good to be true.
Alternatively, grab a ATI 7870 and mine some litecoin. You'll be getting a solid video card and get a decent hashing rate.
If you want to mine BTC personally, you need to grab some ASIC hardware. There have been a lot of bulk chip sales lately, so I suggest you wait a couple of months, because I think the hardware economy will be more competitive, and it will be more of a buyer's market. The difficulty will be higher then, but with all the new hardware coming online at the moment, you want to avoid paying super-high prices for ASIC tech at the moment.
Sorry for the noob question but what is mining and how does it work
Maybe you find this link useful: https://en.bitcoin.it/wiki/FAQ#Mining
Sorry for the noob question but what is mining and how does it work
The difficulty is changing rapidly on the coins that bring most newbies into mining, but there are a lot of options to mine "alt coins" with a GPU or two on a hobby level. Even making a rig or two can gain some spare cash if you're just looking at it from a fun perspective and not trying to make big bank.
I want to mine powercoin but I'm still finding a step by step guide how to do it.
Hopefully technology such as ASIC will keep pace. It like an arms race. Lol
Difficulty is increasing exponentially.
^^ agreed mining is about to change quite a bit. just starting myself
Best of luck, make sure you get a handle on the difficulty increases expected with new ASIC miners hitting the market before investing in hardware.
Thanks for the welcome _rusty_ and yuraj, not sure about getting rich mining but a bit of fun, learning and banter on the forum will be good enough for me.
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