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Mining? Am I reading it right?

post #1 of 5
Thread Starter 
So looking at the bit coin thread and using the calculator with a dual 7970 the amount you make will not even cover the electric cost

Say 2 7970 = 1200Mega hash per second leaving it on will on make $20, that £20 will easy cost you the electric cost :S why do people do it lol
post #2 of 5
Bitcoin difficulty is too high now with ASICs. You need to mine litecoins, or other alt coins to make $ with gpus.
post #3 of 5
Some people don't pay for electricity. Back when the mining difficulty was lower, it wasn't difficult to cover the electricity and make some extra.

Has this topic been allowed on OCN again?
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M1XN
(18 items)
 
Study Zenbook
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CPUMotherboardGraphicsRAM
i7 4770K @ 4.2 GHz ASUS Maximus VI Impact MSI GTX 970 Gaming 4G 2x8 GB Kingston HyperX DDR3 @ 2400 MHz 
Hard DriveHard DriveHard DriveOptical Drive
Crucial M4 64 GB Crucial M4 128 GB SAMSUNG Spinpoint M9T 2 TB LiteOn DL-8ATSH 
CoolingOSMonitorKeyboard
Noctua NH-C14 Windows 10 64-bit ViewSonic VP2770 Vortex Pok3r 
PowerCaseMouseMouse Pad
Corsair SF600 NCASE M1 V2.5 Logitech G502 SteelSeries QcK+ 
AudioOther
HiFiMan HE-400 Logitech C920 
CPUGraphicsRAMHard Drive
i5-3317 GT 620M 2 GB soldered + 8 GB Corsair OCZ Vertex 3 120 
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Windows 7 Home Premium 64-bit 
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post #4 of 5
Yeah, has been for a few months now. Check out the official thread started by hokies83, lots of good info there.
post #5 of 5
The GPU miners don't mine Bitcoins. They mine all the other scrypt coins and exchange them for bitcoins.
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My gaming desk
(14 items)
 
Miner
(15 items)
 
 
CPUMotherboardGraphicsRAM
AMD FX-8350 ASUS Sabertooth 990FX Sapphire 290x Patriot Viper Extreme Division 4 
Hard DriveHard DriveCoolingCooling
OCZ Vertex 460 WD 1TB Blue Koolance 380A EK-FC R9-290X 
OSMonitorKeyboardPower
Windows 8.1 64-bit Monoprice 27" IPS-Glass Pro Panel DUCKY! Antec HCP 850W 
CaseMouse
Hand built wooden desk Logitech G700S 
CPUMotherboardGraphicsGraphics
AMD A10 7850K ASUS A88X-Pro Sapphire 280x Sapphire 280x 
RAMHard DriveHard DriveCooling
Patriot Viper Xtreme Div4 1866mhz 60GB Vertex2 WD Caviar 500AAKS XSPC Rasa 
OSPowerCase
Windows 7 64 bit EVGA 1000W G2 Thermaltake Level 10 GTS 
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