AK0490

Vessel Username: AK0490

Videos: https://www.vessel.com/videos/JYZEYDYx0

https://www.vessel.com/videos/G-DUjgUyY

10 Billion coins, 4.5% premine   do the math, it's not that complicated. I'm sure you will be getting that $1 per coin floor "guarantee" real soon, always assume what the dev says is pure bullshit, nothing ever goes like they plan. I have no idea whatsoever why Barnacules picked this shitcoin to promote. 

Haven't been on here for a while, good to see I'm not missing anything. 

Was thinking of doing this, i have a PC just sitting doing nothing. Would this rig be descent for it? 

G3258

ASUS Z97 A

8GB 1600Mhz

2 x R9 280's

 

Would the Pentium hold it back?

That rig would do just fine and the Pentium isn't a problem.

Nope, use some version of sgminer for gpu's.

Soooo any other way to make money other than minning?

Buy low, sell high?

Honestly though. Bitcoin isn't worth it in general these days. You would need to buy thousands worth in hardware, and wait months, upon months to see any profit. If any.

There is always money to be made somewhere. If trading Bitcoin isn't volatile interesting enough for you then there is always shitcoins altcoins. Nothing like the opportunity to lose make anywhere from 5-500% every day!!!!  Check out https://bittrex.com/ for a great way to lose that extra Christmas money as fast as possible!! 

P.S. As a self proclaimed noob you WILL lose money trading if you do it for any amount of time, don't blame me when that inevitably happens and you fall for a scam.

I'm sure there are people out there running some mining equipment "off the grid", but I really doubt that there are any major operations. Large mining operations take a massive amount of power and the initial cost to set everything up is way to high. 

The water cooling loop has nothing to do with what i am trying to  say. Yes temperature dose play a factor on how long the hw will last but i was more thinking about the fact that, over night every night you would be maxing the gpu and cpu something they are not designed to do.

Modern GPUs are pretty hard to kill, I have multiple GPUs that have been mining 24/7 for close to two years, haven't lost one yet.

I would love to do a mini-ITX build with one of these. Build log incoming....

Hi there,

My brother wants to get into bitcoin mining, he has told me that he is willing to spend around $4000 AUD if necessary. There are a couple things I'd like to know though.

 

Question 1) At this price (can go lower if this is way overkill), is mining worth it?

 

Question 2) Any recommended builds? (with links to components if possible) 

 

Thank you

If he's going to mine he needs to learn about it himself, no offense meant or anything but if he has to ask you he isn't up for it.

Yeh, I fairly dived right into mining, thinking that I could make $2,000 every year...

Though them electricity prices, now I'm stuck with two other 280Xs that are just sitting on my table . 

If you thought for a second you could calculate profits by the year you were screwed from the start. 

For the LTT team, sure. For anyone else, not a chance.

I heard that if you fold for the Litecoin time, you get litecoin. But that means the points are not going to the LTT team, to the litecoin team. 

You seem to be confusing folding and mining. You can however  fold for the CURECOIN team and get some coin, but it's not worth it IMHO.

On the other hand, I have spare PSUs and this looks awfully tempting. http://www.spondoolies-tech.com/products/sp20-jackson-november-batch-2

So its not a good time to mine?

Nope, the only reason  I would pick one up now is to generate some extra heat for my house this winter. Bitcoin mining is pretty much dead for the home user. A large scale operation like the ASIC manufactures are running  can always run at a lower cost then you or I ever could. 

He has a 

https://bitmaintech.com/productDetail.htm?pid=00020141015100808946Nj1LM03y0650

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=453&p=355&pc=0.10&pf=0.00&d=40300030327.89140000&r=25.00000000&er=376.78000000&hc=199

Use a calculator that takes into account increasing difficulty, doesn't look so good then. https://bitcoinwisdom.com/bitcoin/calculator

I just bought this, it's going to go beside my Samsung 4K monitor that I bought at launch. These TN 4K monitors look way better then any 1080p IPS. I'll take on my desk over wishing for cheap IPS.

The only screen saver I use is the one called "blank".

no, Buy like 10 of these http://www.ebay.com/itm/Red-Fury-ASIC-miner-2-5Gh-s-10-2-5W-/331360141283?pt=US_Virtual_Currency&hash=item4d269a7fe3

Those are far worse then mining with GPUs. They could cost $.25 each and still be a bad deal.

well my 4p machine gets around 3 million per week.

@ropesend and @AK0490 has more computing power at their disposal.

Not sure if they have a single piece of hardware with more than 500k ppd.

 

In a certain someones case i'm sure those amd gpus are doing just fine.

I've been using what I call the "lots and lots of GPUs"  method. Everything runs at stock speeds  and there is nothing crazy in there, but it all adds up pretty well.

My 290s are making great folding cards atm. If I don't fold I get cold :lol:

Mining is only getting bigger and more commercialized, so I'm gonna say no.

i want it to be profitable and be sub $100

Unfortunately no such thing exist.

Dude we are talking about making $100 bucks in 4 years. Also the price of a bitcoin keeps dropping too.

Way to pull some random numbers out of your ass.

The reality is this, mining  with your integrated graphics will make you absolutely nothing and is a waste of time. That doesn't mean that mining or Bitcoin is in any way "dead". 

This thread is so hilarious  :lol:

I think you mean sad....

i warned you earlier. You either join the curecoin project or you fold on our team, you can't do both. That's the reason i'm not doing curecoin.

It comes down to this, I would rather fold for a team I actually care about then try to make a little pocket change. If I needed the money that bad I wouldn't be doing it in the first place.