Overclock.net › Forums › Distributed Computing › Distributed Computing - General › [Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread
New Posts  All Forums:Forum Nav:

[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 249

post #2481 of 22315
Thread Starter 
Quote:
Originally Posted by Rar4f View Post

How long do you think it will take if you were to make an estimated guess?

I think you'll get between .3 and .7 btc per month, let's say an average of .5 btc which equals 68.5usd. Power draw should lower your profits a bit, but not too much.
If you mine say worldcoins and trade for bitcoin to then trade for cash immediately you'll make 1.97usd per day, and 1.13usd after power costs. If you mine more profitable coins instead of one stable one, you can make up to 2.7usd after power costs.
Say the card costs 550usd, if you get the non x 290 and it hashes at 1000kh/s whilst drawing 250w...you'd recover the investment in 9 months. Assuming you pay 0.1usd kwh.

Thing is, we still buy this expensive hardware, right? Why not make some extra money with it, and maybe even recover the cost?
post #2482 of 22315
Quote:
Originally Posted by ivanlabrie View Post

I think you'll get between .3 and .7 btc per month, let's say an average of .5 btc which equals 68.5usd. Power draw should lower your profits a bit, but not too much.
If you mine say worldcoins and trade for bitcoin to then trade for cash immediately you'll make 1.97usd per day, and 1.13usd after power costs. If you mine more profitable coins instead of one stable one, you can make up to 2.7usd after power costs.
Say the card costs 550usd, if you get the non x 290 and it hashes at 1000kh/s whilst drawing 250w...you'd recover the investment in 9 months. Assuming you pay 0.1usd kwh.

Thing is, we still buy this expensive hardware, right? Why not make some extra money with it, and maybe even recover the cost?
Do i have to have the computer on 24/7 in 9 months?
post #2483 of 22315
Thread Starter 
Quote:
Originally Posted by Rar4f View Post

Do i have to have the computer on 24/7 in 9 months?

Pretty much, I just do it and don't over think it too much...also, if you mine with your cpu you add 30 bucks more to that.
Do it whenever you're not using the pc intensively and you'll make money eventually.
I personally consider the pc paid for, since I would have gotten the hardware anyway...
post #2484 of 22315
Quote:
Originally Posted by ivanlabrie View Post

Pretty much, I just do it and don't over think it too much...also, if you mine with your cpu you add 30 bucks more to that.
Do it whenever you're not using the pc intensively and you'll make money eventually.
I personally consider the pc paid for, since I would have gotten the hardware anyway...
I am just worried of factors like:

What if my build state will have weakened as result of running 24/7 for 9 months ?

What if something happens in coin community (price going up and down or instability) ?
post #2485 of 22315
Thread Starter 
Quote:
Originally Posted by Rar4f View Post

I am just worried of factors like:

What if my build state will have weakened as result of running 24/7 for 9 months ?

What if something happens in coin community (price going up and down or instability) ?

You only lose if you buy hardware specifically for mining and nothing else...if anything.
Your rig won't suffer for running 24/7 since you'll undervolt and have proper cooling. Just get a good quality psu and take good care of dust filtration or clean the rig regularly.
post #2486 of 22315
Quote:
Originally Posted by Rar4f View Post

I am just worried of factors like:

What if my build state will have weakened as result of running 24/7 for 9 months ?

What if something happens in coin community (price going up and down or instability) ?
Let me answer these questions too:
1) Your PC should degrade over 9 months of folding if everything is configured correctly! This means undervolting cards, not using insane amounts of voltage, keeping temperatures in check and not using insane GPU clocks either. If those are in check your computer should easily run for a minimum of 5 years. There's a better chance that with mining you'll see on of your parts was faulty though, such as your PSU. It really stresses the PSU if your PSU is just barely enough for your build.

2)This totally depends. Nobody knows if crypto markets will be stable, but I think they're here to stay. If you want to be safe you can cash it out to your bank account in deposits of $50-$100 every one and awhile, but again, nobody knows where they're going. Bitcoins could hit $500 tomorrow or they could drop all the way down to $5, although I don't see either of those options happening tomorrow let alone the near future. tongue.gif
Number Cruncher
(16 items)
 
HTPC
(11 items)
 
750TIMINER2
(15 items)
 
CPUMotherboardGraphicsRAM
i7 2600k ASUS Sabertooth Z77 Sapphire 290 Tri-x 4GB OC CORSAIR Vengeance 16GB 
Hard DriveHard DriveHard DriveOptical Drive
Intel 520 120 GB SSD Seagate Barracuda 1 TB 250GB Samsung 840 EVO SSD LG Blu-Ray Lightscribe Combo Burner 
CoolingOSMonitorPower
Swiftech H320 (CPU only) Windows 7 Ultimate 27" Shimian 1440p Monitor 1000W Corsair PSU 
CaseMouseMouse PadAudio
800D custom painted and fixed up! 15 year old Microsoft Custom Minecraft Mousepad Logitech 2.1 Speakers (wub wubbity wub wub) 
CPUMotherboardGraphicsRAM
i5 3570k MSI Z68 MA-ED55 MSI GTX 750 Ti 6GB Corsair XMP 
Hard DriveOptical DriveCoolingOS
500GB WD Blue ASUS DVD Burner Hyper 212+ Windows 8.1 
PowerCase
Rosewill HIVE 750W Rosewill Blackbone 
CPUMotherboardGraphicsRAM
AMD Sempron 145 Gigabyte 990FXA-UD3 4x MSI GTX 750 Ti 6 GB Corsair XMP 
Hard DriveCoolingOSMonitor
500 GB Seagate Barracuda Stock Windows 7 LG 20" 900p display 
KeyboardPowerCaseMouse
Dell generic Rosewill HIVE 750W Rosewill Thor V2 Dell generic 
Other
4x USB Powered Risers 
  hide details  
Reply
Number Cruncher
(16 items)
 
HTPC
(11 items)
 
750TIMINER2
(15 items)
 
CPUMotherboardGraphicsRAM
i7 2600k ASUS Sabertooth Z77 Sapphire 290 Tri-x 4GB OC CORSAIR Vengeance 16GB 
Hard DriveHard DriveHard DriveOptical Drive
Intel 520 120 GB SSD Seagate Barracuda 1 TB 250GB Samsung 840 EVO SSD LG Blu-Ray Lightscribe Combo Burner 
CoolingOSMonitorPower
Swiftech H320 (CPU only) Windows 7 Ultimate 27" Shimian 1440p Monitor 1000W Corsair PSU 
CaseMouseMouse PadAudio
800D custom painted and fixed up! 15 year old Microsoft Custom Minecraft Mousepad Logitech 2.1 Speakers (wub wubbity wub wub) 
CPUMotherboardGraphicsRAM
i5 3570k MSI Z68 MA-ED55 MSI GTX 750 Ti 6GB Corsair XMP 
Hard DriveOptical DriveCoolingOS
500GB WD Blue ASUS DVD Burner Hyper 212+ Windows 8.1 
PowerCase
Rosewill HIVE 750W Rosewill Blackbone 
CPUMotherboardGraphicsRAM
AMD Sempron 145 Gigabyte 990FXA-UD3 4x MSI GTX 750 Ti 6 GB Corsair XMP 
Hard DriveCoolingOSMonitor
500 GB Seagate Barracuda Stock Windows 7 LG 20" 900p display 
KeyboardPowerCaseMouse
Dell generic Rosewill HIVE 750W Rosewill Thor V2 Dell generic 
Other
4x USB Powered Risers 
  hide details  
Reply
post #2487 of 22315
Just a note for anyone thinking they'll get the new GPUs for mining:
Code:
<kyrio> are you going to add code for the new AMD gpus before you stop supporting them
<@conman> not unless someone buys me one
<@conman> though deprecation plan is sooner than new GPUs come out

cgminer is going to drop GPU support, and it definitely won't support the new GPUs unless the community buys him the top GPU of the series:
Code:
<kyrio> do you need the top card
<kyrio> new card is going to be much less
<@conman> I wont work for nothing sorry

conman is Con Kolivas, the author of cgminer.
Edited by minaul - 10/5/13 at 9:35am
Phenom
(16 items)
 
Mining 1
(8 items)
 
X2 4400+
(16 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 4400+ / ADA4400CDBOX ASUS A8N32-SLI Deluxe NVIDIA GeForce 8800GT 512MB 2x G.Skill 2GB DDR400 / F1-3200PHU2-2GBNS 
Hard DriveHard DriveHard DriveOS
Western Digital Raptor 74GB 10000 RPM / WD740ADFD Samsung Spinpoint F3 1TB / ST1000DM005/HD103SJ Seagate Desktop HDD.15 4TB / ST4000DM000 Windows 7 x64 
MonitorKeyboardPowerCase
Acer 32" / AT3201W Logitech MK320 PC Power & Cooling 750W / Silencer 750 Quad - C... LIAN LI V SERIES PC-V2100A 
MouseAudio
Logitech MK320 Creative Sound Blaster X-Fi XtremeMusic 
  hide details  
Reply
Phenom
(16 items)
 
Mining 1
(8 items)
 
X2 4400+
(16 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 4400+ / ADA4400CDBOX ASUS A8N32-SLI Deluxe NVIDIA GeForce 8800GT 512MB 2x G.Skill 2GB DDR400 / F1-3200PHU2-2GBNS 
Hard DriveHard DriveHard DriveOS
Western Digital Raptor 74GB 10000 RPM / WD740ADFD Samsung Spinpoint F3 1TB / ST1000DM005/HD103SJ Seagate Desktop HDD.15 4TB / ST4000DM000 Windows 7 x64 
MonitorKeyboardPowerCase
Acer 32" / AT3201W Logitech MK320 PC Power & Cooling 750W / Silencer 750 Quad - C... LIAN LI V SERIES PC-V2100A 
MouseAudio
Logitech MK320 Creative Sound Blaster X-Fi XtremeMusic 
  hide details  
Reply
post #2488 of 22315
Quote:
Originally Posted by minaul View Post

Just a note for anyone thinking they'll get the new GPUs for mining:

are you going to add code for the new AMD gpus before you stop supporting them
<@conman> not unless someone buys me one
<@conman> though deprecation plan is sooner than new GPUs come out

cgminer is going to drop GPU support, and it definitely won't support the new GPUs unless the community buys him the top GPU of the series:

do you need the top card
new card is going to be much less
<@conman> I wont work for nothing sorry

conman is Con Kolivas, the author of cgminer.
Well there are still other GPU miners. If he doesn't support the new AMD GPU's I think that would be extremely stupid because that's the only way people can mine scrypt currencies at this point in time.
Number Cruncher
(16 items)
 
HTPC
(11 items)
 
750TIMINER2
(15 items)
 
CPUMotherboardGraphicsRAM
i7 2600k ASUS Sabertooth Z77 Sapphire 290 Tri-x 4GB OC CORSAIR Vengeance 16GB 
Hard DriveHard DriveHard DriveOptical Drive
Intel 520 120 GB SSD Seagate Barracuda 1 TB 250GB Samsung 840 EVO SSD LG Blu-Ray Lightscribe Combo Burner 
CoolingOSMonitorPower
Swiftech H320 (CPU only) Windows 7 Ultimate 27" Shimian 1440p Monitor 1000W Corsair PSU 
CaseMouseMouse PadAudio
800D custom painted and fixed up! 15 year old Microsoft Custom Minecraft Mousepad Logitech 2.1 Speakers (wub wubbity wub wub) 
CPUMotherboardGraphicsRAM
i5 3570k MSI Z68 MA-ED55 MSI GTX 750 Ti 6GB Corsair XMP 
Hard DriveOptical DriveCoolingOS
500GB WD Blue ASUS DVD Burner Hyper 212+ Windows 8.1 
PowerCase
Rosewill HIVE 750W Rosewill Blackbone 
CPUMotherboardGraphicsRAM
AMD Sempron 145 Gigabyte 990FXA-UD3 4x MSI GTX 750 Ti 6 GB Corsair XMP 
Hard DriveCoolingOSMonitor
500 GB Seagate Barracuda Stock Windows 7 LG 20" 900p display 
KeyboardPowerCaseMouse
Dell generic Rosewill HIVE 750W Rosewill Thor V2 Dell generic 
Other
4x USB Powered Risers 
  hide details  
Reply
Number Cruncher
(16 items)
 
HTPC
(11 items)
 
750TIMINER2
(15 items)
 
CPUMotherboardGraphicsRAM
i7 2600k ASUS Sabertooth Z77 Sapphire 290 Tri-x 4GB OC CORSAIR Vengeance 16GB 
Hard DriveHard DriveHard DriveOptical Drive
Intel 520 120 GB SSD Seagate Barracuda 1 TB 250GB Samsung 840 EVO SSD LG Blu-Ray Lightscribe Combo Burner 
CoolingOSMonitorPower
Swiftech H320 (CPU only) Windows 7 Ultimate 27" Shimian 1440p Monitor 1000W Corsair PSU 
CaseMouseMouse PadAudio
800D custom painted and fixed up! 15 year old Microsoft Custom Minecraft Mousepad Logitech 2.1 Speakers (wub wubbity wub wub) 
CPUMotherboardGraphicsRAM
i5 3570k MSI Z68 MA-ED55 MSI GTX 750 Ti 6GB Corsair XMP 
Hard DriveOptical DriveCoolingOS
500GB WD Blue ASUS DVD Burner Hyper 212+ Windows 8.1 
PowerCase
Rosewill HIVE 750W Rosewill Blackbone 
CPUMotherboardGraphicsRAM
AMD Sempron 145 Gigabyte 990FXA-UD3 4x MSI GTX 750 Ti 6 GB Corsair XMP 
Hard DriveCoolingOSMonitor
500 GB Seagate Barracuda Stock Windows 7 LG 20" 900p display 
KeyboardPowerCaseMouse
Dell generic Rosewill HIVE 750W Rosewill Thor V2 Dell generic 
Other
4x USB Powered Risers 
  hide details  
Reply
post #2489 of 22315
Yes, there definitely are other miners, and they're all **** (that's why we use cgminer).

No, it wouldn't be stupid for him to drop support. He doesn't care about scrypt, Litecoin, or GPU mining. He gets sponsored to code for ASICs and gets donations for the same. He doesn't get anything from the scrypt using community other than questions (his words). He doesn't like coding for GPUs or scrypt and so he's not going to do so any longer.

As he said, he's definitely dropping support unless the top GPU, of the new architecture, is purchased for him.
Phenom
(16 items)
 
Mining 1
(8 items)
 
X2 4400+
(16 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 4400+ / ADA4400CDBOX ASUS A8N32-SLI Deluxe NVIDIA GeForce 8800GT 512MB 2x G.Skill 2GB DDR400 / F1-3200PHU2-2GBNS 
Hard DriveHard DriveHard DriveOS
Western Digital Raptor 74GB 10000 RPM / WD740ADFD Samsung Spinpoint F3 1TB / ST1000DM005/HD103SJ Seagate Desktop HDD.15 4TB / ST4000DM000 Windows 7 x64 
MonitorKeyboardPowerCase
Acer 32" / AT3201W Logitech MK320 PC Power & Cooling 750W / Silencer 750 Quad - C... LIAN LI V SERIES PC-V2100A 
MouseAudio
Logitech MK320 Creative Sound Blaster X-Fi XtremeMusic 
  hide details  
Reply
Phenom
(16 items)
 
Mining 1
(8 items)
 
X2 4400+
(16 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 4400+ / ADA4400CDBOX ASUS A8N32-SLI Deluxe NVIDIA GeForce 8800GT 512MB 2x G.Skill 2GB DDR400 / F1-3200PHU2-2GBNS 
Hard DriveHard DriveHard DriveOS
Western Digital Raptor 74GB 10000 RPM / WD740ADFD Samsung Spinpoint F3 1TB / ST1000DM005/HD103SJ Seagate Desktop HDD.15 4TB / ST4000DM000 Windows 7 x64 
MonitorKeyboardPowerCase
Acer 32" / AT3201W Logitech MK320 PC Power & Cooling 750W / Silencer 750 Quad - C... LIAN LI V SERIES PC-V2100A 
MouseAudio
Logitech MK320 Creative Sound Blaster X-Fi XtremeMusic 
  hide details  
Reply
post #2490 of 22315
Quote:
Originally Posted by minaul View Post

Yes, there definitely are other miners, and they're all **** (that's why we use cgminer).

No, it wouldn't be stupid for him to drop support. He doesn't care about scrypt, Litecoin, or GPU mining. He gets sponsored to code for ASICs and gets donations for the same. He doesn't get anything from the scrypt using community other than questions (his words). He doesn't like coding for GPUs or scrypt and so he's not going to do so any longer.

As he said, he's definitely dropping support unless the top GPU, of the new architecture, is purchased for him.
There are definitely other good mining programs, such as BFGMiner, it's quite commonly used as well.

But I guess if he doesn't want to code for scrypt that's his decision, but it'll force me as well as many other folks to switch mining programs to someone who will support the new AMD cards.
Number Cruncher
(16 items)
 
HTPC
(11 items)
 
750TIMINER2
(15 items)
 
CPUMotherboardGraphicsRAM
i7 2600k ASUS Sabertooth Z77 Sapphire 290 Tri-x 4GB OC CORSAIR Vengeance 16GB 
Hard DriveHard DriveHard DriveOptical Drive
Intel 520 120 GB SSD Seagate Barracuda 1 TB 250GB Samsung 840 EVO SSD LG Blu-Ray Lightscribe Combo Burner 
CoolingOSMonitorPower
Swiftech H320 (CPU only) Windows 7 Ultimate 27" Shimian 1440p Monitor 1000W Corsair PSU 
CaseMouseMouse PadAudio
800D custom painted and fixed up! 15 year old Microsoft Custom Minecraft Mousepad Logitech 2.1 Speakers (wub wubbity wub wub) 
CPUMotherboardGraphicsRAM
i5 3570k MSI Z68 MA-ED55 MSI GTX 750 Ti 6GB Corsair XMP 
Hard DriveOptical DriveCoolingOS
500GB WD Blue ASUS DVD Burner Hyper 212+ Windows 8.1 
PowerCase
Rosewill HIVE 750W Rosewill Blackbone 
CPUMotherboardGraphicsRAM
AMD Sempron 145 Gigabyte 990FXA-UD3 4x MSI GTX 750 Ti 6 GB Corsair XMP 
Hard DriveCoolingOSMonitor
500 GB Seagate Barracuda Stock Windows 7 LG 20" 900p display 
KeyboardPowerCaseMouse
Dell generic Rosewill HIVE 750W Rosewill Thor V2 Dell generic 
Other
4x USB Powered Risers 
  hide details  
Reply
Number Cruncher
(16 items)
 
HTPC
(11 items)
 
750TIMINER2
(15 items)
 
CPUMotherboardGraphicsRAM
i7 2600k ASUS Sabertooth Z77 Sapphire 290 Tri-x 4GB OC CORSAIR Vengeance 16GB 
Hard DriveHard DriveHard DriveOptical Drive
Intel 520 120 GB SSD Seagate Barracuda 1 TB 250GB Samsung 840 EVO SSD LG Blu-Ray Lightscribe Combo Burner 
CoolingOSMonitorPower
Swiftech H320 (CPU only) Windows 7 Ultimate 27" Shimian 1440p Monitor 1000W Corsair PSU 
CaseMouseMouse PadAudio
800D custom painted and fixed up! 15 year old Microsoft Custom Minecraft Mousepad Logitech 2.1 Speakers (wub wubbity wub wub) 
CPUMotherboardGraphicsRAM
i5 3570k MSI Z68 MA-ED55 MSI GTX 750 Ti 6GB Corsair XMP 
Hard DriveOptical DriveCoolingOS
500GB WD Blue ASUS DVD Burner Hyper 212+ Windows 8.1 
PowerCase
Rosewill HIVE 750W Rosewill Blackbone 
CPUMotherboardGraphicsRAM
AMD Sempron 145 Gigabyte 990FXA-UD3 4x MSI GTX 750 Ti 6 GB Corsair XMP 
Hard DriveCoolingOSMonitor
500 GB Seagate Barracuda Stock Windows 7 LG 20" 900p display 
KeyboardPowerCaseMouse
Dell generic Rosewill HIVE 750W Rosewill Thor V2 Dell generic 
Other
4x USB Powered Risers 
  hide details  
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Distributed Computing - General
Overclock.net › Forums › Distributed Computing › Distributed Computing - General › [Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread