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Conman655
By Conman655
in New Builds and Planning
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umm none right now, the price of the GPUS are too much unless you can find one locally. and to let you know the only people who make money mining bitcoin are the ones who dont pay for electricity, I.E kids who live with their parents who mine. youll pay more in electricity then youll make weekly unless bitcoin rises to like 30k overnight.

 

i made like $3 a week on my 390, and thats not profit thats all i made total

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Posted
Just now, Conman655 said:

how about cryptocurrency in general?

 

You're gonna need to invest a lot unless you find $3 a day a lot. rx 480/580s are your best bet if you can find em cheap

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Unknown PSU (210W?)                                                     Same PSU (210W?)    

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Posted
5 minutes ago, CryptoMatt said:

umm none right now, the price of the GPUS are too much unless you can find one locally. and to let you know the only people who make money mining bitcoin are the ones who dont pay for electricity, I.E kids who live with their parents who mine. youll pay more in electricity then youll make weekly unless bitcoin rises to like 30k overnight.

 

i made like $3 a week on my 390, and thats not profit thats all i made total

Not true. Netting ~7 per day, paying ~3 for electricity.

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Posted
1 minute ago, Conman655 said:

"A Lot"   Explain

Quote me please.

As in multiple GPU's, seeing how much they cost, going $300 each if youre lucky

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Corsair CXM 450W 

 

Lenovo H320 (Old Pre-built PC)                                      Possible upgrade for H320          

i5 650 3.2 GHz (heh)                                                                                    Xeon X3470

Motherboard unknown                                                       Same Motherboard

iGPU                                                                                   GT 1030 (MSI Low Profile Half Height)

Crucial 240GB SSD                                                           Crucial 240GB SSD

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Lenovo H320 case                                                             Lenovo H320 case

Unknown PSU (210W?)                                                     Same PSU (210W?)    

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Posted
12 minutes ago, Conman655 said:

upgrade able for a decent price

Nothing in the PC world is upgradeable at a decent price. But if you can find cards like the RX 480 cheap, that would probably be your best bet.

 

Please don't mine though, the GPU shortage is bad enough as it is....

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Posted
Just now, Conman655 said:

Is 2 grapicks cards good?

Is a good cpu needed?

Etc.

1. Which?

2. No

3. Again, youre going to need a lot of upfront investment for a very volatile currency which even if remained at its current price wouldnt make you profit (including upfront cost) for a long time.

Ion (Main Build)                                                                                        Overall Setup

i5 6500 3.2 GHz                                                                     -Blue snowball (White) thanks goodwill

MSI Mortar Arctic                                                                   -Logitech K120

Asus 1060 6GB Dual                                                             -Logitech Daedalus Prime G302

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WD Caviar Blue 1 TB                                                              

Crucial Ballistix Sport LT White 16GB (8x2GB) 2400

NZXT S340 White

Corsair CXM 450W 

 

Lenovo H320 (Old Pre-built PC)                                      Possible upgrade for H320          

i5 650 3.2 GHz (heh)                                                                                    Xeon X3470

Motherboard unknown                                                       Same Motherboard

iGPU                                                                                   GT 1030 (MSI Low Profile Half Height)

Crucial 240GB SSD                                                           Crucial 240GB SSD

6GB DDR3 (4+2GB)                                                           8-10GB DDR3 (4+2+2GB/4+4+2GB)

Lenovo H320 case                                                             Lenovo H320 case

Unknown PSU (210W?)                                                     Same PSU (210W?)    

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Posted
13 minutes ago, CryptoMatt said:

yes but then factor in the cost of the parts, for people buying just to mine, they will never make back what they spent 

Cost put into mining: 30 USD

Just using old hardware I don't use anymore (7250, 7750) and bought 770 for  $30

 

I do totally agree with you - that most people (If they just now started investing) wouldn't make back their money - but I don't really see any reason to not mine on older hardware.

I'd not recommend going out and buying any new components - that's a much longer ROI and gives more time for a crash or other failures.

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If you're buying the hardware new, mining makes no sense right now. The same card I paid $215 USD for brand new two months ago is selling from the same store $420 USD. You'll be wasting your time and money.

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Posted
4 minutes ago, Imbellis said:

Cost put into mining: 30 USD

Just using old hardware I don't use anymore (7250, 7750) and bought 770 for  $30

 

I do totally agree with you - that most people (If they just now started investing) wouldn't make back their money - but I don't really see any reason to not mine on older hardware.

I'd not recommend going out and buying any new components - that's a much longer ROI and gives more time for a crash or other failures.

you not going to make $7 a day on a $30 rig to mine. even a $300 gpu in right nows market wont do that 

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You don't mine bitcoin anymore, you mine other cryptocurrencies and hope they catch on... maybe get in at the onset of them catching if you can spot it

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Just now, CryptoMatt said:

you not going to make $7 a day on a $30 rig to mine. even a $300 gpu in right nows market wont do that 

7250 = .4 USD

7750 = .8 USD

770 = 1.9 USD

1060 (x2) = 4.8 USD ( Current rig)

 

CPU

8300 = ~1.1 USD (If I remember correctly)

1600x = 1.4 USD (Current rig)

Some super old xeon = .4 USD (Current rig / old)

Total:.0009 btc or 10.8 USD/ day or around.

 

I was only listing old hardware because it was relevant to his case - Off of that $30 and old hardware I'm making ~ 4.5 USD.

 

Fan Comparisons          F@H          PCPartPicker         Analysis of Market Trends (Coming soon? Never? Who knows!)

Designing a mITX case. Working on aluminum prototypes.

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Please fill out this form! It helps a ton! https://linustechtips.com/main/topic/841400-the-poll-to-end-all-polls-poll/

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Posted

You are too late to mine.

Invest your money on something else maybe bought bitcoin and hope it wont crash?

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Posted
10 minutes ago, Imbellis said:

7250 = .4 USD

7750 = .8 USD

770 = 1.9 USD

1060 (x2) = 4.8 USD ( Current rig)

 

CPU

8300 = ~1.1 USD (If I remember correctly)

1600x = 1.4 USD (Current rig)

Some super old xeon = .4 USD (Current rig / old)

Total:.0009 btc or 10.8 USD/ day or around.

 

I was only listing old hardware because it was relevant to his case - Off of that $30 and old hardware I'm making ~ 4.5 USD.

 

are you saying you are making that much per part? or thats how much you paid per part. becase you cant get those for $30.

 

i make more money trading then i ever have mining, i've made over 16k by trading. and like $20 before i stopped mining  

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