$300 budget!!!

[Gilbernata]

What would be the best litecoin mining set up that someone could create for $300, that will bring in profit, and could be upgraded in the future if need be. ?

 

what are your opinions?

[helping]

about 15 litecoins.

 

buying everything used 

 

being optimistic and buying used, MB 50, 600w PSU 50$, 2gb RAM 20$, 30$ Sempron leaves you with 150, that's barely enough for a 7850. 

[Vader]

im almost positive the card you need to make any type of profit from costs $300 itself 

[Gilbernata]

ok then lets raise the budget to $500, and is there any of those asic usb things that would be worth my money?

[helping]

ok then lets raise the budget to $500, and is there any of those asic usb things that would be worth my money?

no such thing as ASIC usb scrypt minter, yet. 

 

here is a decent base build

 

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU:  AMD Athlon II X2 250u 1.6GHz Dual-Core Processor  ($33.95 @ Amazon)

Motherboard:  ASRock 980DE3/U3S3 ATX AM3+ Motherboard  ($69.99 @ Microcenter)

Memory:  Crucial 1GB (1 x 1GB) DDR3-1333 Memory  ($12.98 @ NCIX US)

Storage:  Western Digital Caviar Blue 80GB 3.5" 7200RPM Internal Hard Drive  ($25.44 @ Amazon)

Power Supply:  Silverstone Element 750W 80+ Bronze Certified ATX Power Supply  ($75.00 @ Amazon)

Total: $217.36

(Prices include shipping, taxes, and discounts when available.)

(Generated by PCPartPicker 2014-01-26 22:19 EST-0500)

 

would bitcoin be worth my time and money with those miners?

nope

AND lets say i have a Motherboard and a CPU and RAM

so.. you want a GPU and PSU?

[Gilbernata]

ok then lets raise the budget to $500, and is there any of those asic usb things that would be worth my money?

AND lets say i have a Motherboard and a CPU and RAM

[Gilbernata]

no such thing as ASIC usb scrypt minter, yet. 

would bitcoin be worth my time and money with those miners?

[target39]

would bitcoin be worth my time and money with those miners?

No, USB ASIC miners only get like 2.2gh/s at most.

[target39]

With $500, get yourself an R9 290.

[sabot]

There are some litecoin asics, but the usb ones would never make a profit. They are 99 USD for a 60 Kh/s stick. Honestly you should just buy the litecoins if you want to get into them.

[dizmo]

The amount of power a low end $500 system would use likely outweighs any profit you'd see.

[RankUpGamers]

ok then lets raise the budget to $500, and is there any of those asic usb things that would be worth my money?

THIS is the build I plan on. No real need for a fancy case, if you want one, just get some cheapy that can hold a 270. 

 

I also reccomend Dogecoin, because it has beaten all expected prices, and consistently been the most profitable.  Try this to guess how long your ROI will be, and remeber that it could drastically go up or down in price at ANY time. Expect about 400-450 kh/s depending on how you push that card.

[Mentalguy]

There are some litecoin asics

no, not for lightcoin, btc yes.

[sabot]

no, not for lightcoin, btc yes.

Yes there is litecoin asics.

http://www.coindesk.com/alpha-technology-pre-orders-litecoin-asic-miners/

 

I can not find it, but there are chips available that you need to solder to make litecoin asic usb sticks.

[Mentalguy]

Yes there is litecoin asics.

http://www.coindesk.com/alpha-technology-pre-orders-litecoin-asic-miners/

 

I can not find it, but there are chips available that you need to solder to make litecoin asic usb sticks.

they are not released, and, I doubtful they can get the hash they say they can, as for block erupters, I was not able to find anything on them, anyways to do that on a usb stick would be moot, it wouldnt get enough hash to matter.

[sabot]

they are not released, and, I doubtful they can get the hash they say they can, as for block erupters, I was not able to find anything on them, anyways to do that on a usb stick would be moot, it wouldnt get enough hash to matter.

The usb ones are... but the hashrate is not all that good.