Bitcoin mining - Page 2 - Techist - Tech Forum

Go Back   Techist - Tech Forum > Computer Hardware > System Upgrades
Click Here to Login
Thread Tools Display Modes
Old 05-13-2015, 07:39 AM   #11 (permalink)
Newb Techie
Join Date: May 2015
Location: England
Posts: 6
Default Re: Bitcoin mining

Remember to research your computing power against the current difficulty (I've not kept up-to-date with it so I don't know the current numbers). At one time a 10 GH/s device may have been impressive, but I remember there being a big wave of new hardware released recently which probably means you stand little chance on your own with a $50 ASIC.

I'm not telling you not to do it; just to do your research and make sure you're using up-to-date numbers in your calculations and not relying on blog posts from 2013.

Ornstein is offline   Reply With Quote
Old 05-13-2015, 08:22 AM   #12 (permalink)
Newb Techie
Join Date: May 2015
Location: Denmark
Posts: 13
Default Re: Bitcoin mining

I'm in a pool so I'm not alone. And this is just as a small time hobby, plus my money is not umlimited (unfortunately). So as a little hobby, would a 10 GH/s device be acceptable, or should I find something better?

Joachim123 is offline   Reply With Quote
Old 05-13-2015, 09:09 AM   #13 (permalink)
Newb Techie
Join Date: May 2015
Location: England
Posts: 6
Default Re: Bitcoin mining

If you're joining a pool, can't you communicate with other people in said pool? They'll have a better idea of what's going on.
Ornstein is offline   Reply With Quote
Old 05-13-2015, 11:33 AM   #14 (permalink)
patonb's Avatar
Join Date: Jan 2005
Location: In Gov't Regulated Cubical
Posts: 9,745
Default Re: Bitcoin mining

No one here really mined, so we are a bad source. What is the hash rates now anyway?
As mining goes on the difficulty goes up, so while 10G was good it could now be horrid.
If you look at butterfly labs other products, $350 gets you a card with 700G rate.
To me you can get 7 of the 10s for 70G, or 1 card and get 10x the rate.

Foldie = i5 6600kMSI Z170A M5 EVGA 970 SC Corsair H100 Corsair hx520 2x8gb GSkill Corsair 650D
Woohoo = L5639 @3.1Ghz EVGA SR-2 gtx 260-216 Hyper 212+ Corsair 1050hx 6x2gb Corsair XMS3 Blackhawk Ulra
Alienware 18 - SLI 770M 4700mq 16Gig

patonb is offline   Reply With Quote

bitcoin, hardware, mining

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Need help in selecting data mining software anshu Programming 2 05-19-2007 07:18 AM
Data Mining lakhanin Technology Careers and Education 32 08-21-2006 01:00 AM
Data Mining Techniques ?? talldude123 Off Topic Discussion 4 05-01-2006 01:17 PM
Idea Group Publishing Organizational Data Mining Osiris Tips, Tricks & Tutorials 0 02-19-2006 01:51 AM

Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 12:33 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.