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post #2191 of 22537
What issues would I run into trying to mine 4-5 GPU's off my old 775 socket rig? I noticed the C2D have a lower TDP and i've had this thing the CPU,MB,Ram sitting in my closet doing nothing. Would I lose any hashing power because of the lower GPU bandwidth that socket had?
post #2192 of 22537
Thread Starter 
None other than losing out on CPU mining
post #2193 of 22537
Gotcha, thanks. I've got some aluminum to do a mining rig build out to put in the basement, I'm glad to see I don't need to sacrifice my current setup to keep this going.
post #2194 of 22537
Quote:
Originally Posted by jbmayes2000 View Post

Gotcha, thanks. I've got some aluminum to do a mining rig build out to put in the basement, I'm glad to see I don't need to sacrifice my current setup to keep this going.

Just buy some block erupters off ebay. I am running 3, they all give 333mhs a piece + only use around 2.5watts and cost around 75bucks a piece.
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post #2195 of 22537
Quote:
Originally Posted by 1337LutZ View Post

Just buy some block erupters off ebay. I am running 3, they all give 333mhs a piece + only use around 2.5watts and cost around 75bucks a piece.
But bitcoin mining can't really turn a profit anymore with any equipment. KnC miners will barely pay themselves off, if things continue how they are.

I think it would be better investing in GPUs and mining alts then trade them for BTC, he'll generate more profit that way.
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post #2196 of 22537
Quote:
Originally Posted by 1337LutZ View Post

Just buy some block erupters off ebay. I am running 3, they all give 333mhs a piece + only use around 2.5watts and cost around 75bucks a piece.

I'm not mining BTC.

Quote:
Originally Posted by cam51037 View Post

But bitcoin mining can't really turn a profit anymore with any equipment. KnC miners will barely pay themselves off, if things continue how they are.

I think it would be better investing in GPUs and mining alts then trade them for BTC, he'll generate more profit that way.

Yeah, I'm hoping to get 2 full rigs (5-6 gpu's each) going eventually because that should mine enough to get going. Main goal right now is reading up on anything I can find on trading..
post #2197 of 22537
Quote:
Originally Posted by 1337LutZ View Post

Just buy some block erupters off ebay. I am running 3, they all give 333mhs a piece + only use around 2.5watts and cost around 75bucks a piece.

i paid mine 40$ a piece of ebay
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post #2198 of 22537
Quote:
Originally Posted by jbmayes2000 View Post

I'm not mining BTC.

What are you mining with them then?

@ hookies Im telling you man arrow crabs are awesome to watch....they are like the spiders of the sea.
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post #2199 of 22537
Quote:
Originally Posted by Darklyric View Post

What are you mining with them then?

@ hookies Im telling you man arrow crabs are awesome to watch....they are like the spiders of the sea.

Alt Coins, the scrypt mining stuff. LTC is the most stable of those (even though it tanked because of BTC rise)
post #2200 of 22537
Quote:
Originally Posted by jbmayes2000 View Post

Alt Coins, the scrypt mining stuff. LTC is the most stable of those (even though it tanked because of BTC rise)

All the alts tanked because of the BTC rise. But it's a temporary situation. Just a bad time to sell alt's right now. It happens, no biggie.

Notice how even though the value of LTC dropped rather noticeably, the difficulty has INCREASED significantly anyway? Meaning that there are now more miners on that coin? That means that there are less miners on other alts. In the hard time like this, most people switch to what is more stable (more likely to bounce back). With the increase in LTC difficulty this will naturally drive the price back up, restoring the balance. At the same time, with fewer miners on the smaller alts, that brings their difficulty down, so the profitability of those coins will remain somewhat constant too.
This is a good time for smart miners that are good at choosing which coins will succeed. With the difficulties down, it's possible to rack in way more coins than normal. Then just wait for the value to return for a big payday. It's risky though, because some small coins can die off completely, if the trading volume drops too low...

Edit: Oh yeah, that's if the bitcoin value stays consistent. Which it won't. It'll drop down below $100 again before you know it. Before it rises again. and drops again... etc
Edited by wedge - 9/3/13 at 5:52pm
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