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Stupid mining questions

post #1 of 5
Thread Starter 
I tried search and browsing. Gave up. I'm mining right now at 512 Mhash/s. 9.5 cents per kWh. Worth it? How do I figure how much it costs? PC is heating the room too, so.... if I break even or lose a bit, I can compare it to last years electricity bill, and a net 'loss' may not be a 'loss'
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Alienware 17 R2
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post #2 of 5
It's been near impossible to get bitcoins lately. My friend and I are both mining together (he has a 7950 so he does most of the work) and we still haven't gotten anything for the past month. As for now, I don't think it's worth it. If you're going to do litecoin mining, that might turn out better.
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Trinity
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post #3 of 5
Thread Starter 
How do I get into litecoins?
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post #4 of 5
This is the website I found that got me started

http://www.cryptobadger.com/build-your-own-litecoin-mining-rig/

but just doing a general search of litecoin mining will bring up tons of information. If you and your friend are already mining bitcoin then you guys definitely have to setup's for mining litecoin. Start with cryptobadger's build but you have to experiment. Like I said it got me started but got much better results with research on reddit.com/r/litecoinmining, litecoin.net, coin.furuknap.net, etc

Good Luck
post #5 of 5
Unless you're running on un-metered electricity, don't do it for a profit. You're pretty much betting on that crypto currency to increase in value later on to see any real returns.
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AMD, I give up.
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