bitcoin mining (Do not offer items for sale in this thread)

Discussion in 'Blockchain & Cryptocurrency Mining' started by jurasofish, Jun 5, 2011.

  1. sammy_b0i

    sammy_b0i Laugh it up, fuzzball!

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    I wonder how long it would take for the 4.5GH/s $149 miner to become profitable?
     
  2. Foliage

    Foliage Member

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    It is a standalone unit, you don't need a computer just a network port for it.

    Just do the maths.

    Eg at 4.5GH/s how many bitcoins will you make a day?
    How many watts of electricity does it draw?

    $ made at day x = (Cost of electricity per day * days since t = 0) + (price of 1 BTC * BTC generated since t= 0) - $149

    Graph it in excel, won't take long.
     
  3. mortal

    mortal Member

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    What connections for the graphics card?
     
  4. Euphoreia

    Euphoreia Member

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    Using an Antec 850 green PSU, the 5870 takes 2 6 pin, and the others take a 6 pin each. The antec has them all. X58-ds4 motherboard has all the gfx card slots i need.
     
  5. Foliage

    Foliage Member

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    Is that including cost of electricity deducted?
     
  6. Simonk83

    Simonk83 Member

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    Shouldn't be too far off hitting $100. Interesting times :)
     
    Last edited: Mar 28, 2013
  7. Euphoreia

    Euphoreia Member

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  8. sammy_b0i

    sammy_b0i Laugh it up, fuzzball!

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    I'm under the impression that you need to have it connected to a PC to run the mining software using the ASIC as the miner.
     
  9. mortal

    mortal Member

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    The butterflylabs products appear to connect via usb...I'm curious.
     
  10. sammy_b0i

    sammy_b0i Laugh it up, fuzzball!

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    "Plug the USB cable into a host computer and run the supplied software. Additional Bitforce SC products can be added to the chain via a USB hub for linear performance multiplication with no overhead cost."
     
  11. jezza323

    jezza323 Member

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    ASIC or whatever are straight ethernet connection

    BFL ones are usb via a host pc
     
  12. slavewone

    slavewone Member

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    As long as their is no data communication bottleneck, a rasberrypi or other nano device will suffice.

    This depends on when the device ships to market, which is a function of when BFL resolve their chip/design issues and where in the queue your order falls.

    ASIC is the technology.
    Avalon requires a pc to connect to the device and load your cgminer fork credentials and perhaps network credentials. Once set, it will happily run over ethernet or wifi.
    BFL and almost all targetted at retail market devices (be they vaporware or real) appear to use USB.
    I'm not in possession of any particular information on ASICminert or 100TH thus far, assuming ethernet to suit rackmount facilities and ensure no data communication bottlenecks.
     
  13. jezza323

    jezza323 Member

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    yeah sorry, meant Avalon. brain fart :)
     
  14. slavewone

    slavewone Member

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    Well, BTC blasted through the $90, has hit a high of 93.15 on mtgox. Currently trading around 91.5,
     
  15. Simonk83

    Simonk83 Member

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    Yup, could well happen tonight.
     
  16. daehenoc

    daehenoc Member

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    WHAT THE WHAT?!!? Good god!

    Uh, are you guys rubbing your hands with glee, or what?!
     
  17. sammy_b0i

    sammy_b0i Laugh it up, fuzzball!

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    How many coins do you guys have? Just out of interests/epeen?
     
  18. cvidler

    cvidler Member

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    Yep. Got some coin ready to cash out, buy me some new toys (car parts and/or computer/server stuff).
     
  19. slavewone

    slavewone Member

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    100 liquid, 70 in investments/liabilities. Current value: more than i spent on my wife's car!
    $5 in mtgox that i missed out on reinvesting at ~$33 because i overestimated a bounce. Seems very silly not to have just bought back in anyway for a 2.5x return.
     
  20. sammy_b0i

    sammy_b0i Laugh it up, fuzzball!

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    So uhh... $15k worth? Man I wish I got in on this when it was new.

    I was reading a thread last night about a guy that had 25,000 coins stolen back when they were only worth a little each, so about $500 worth. Current value $1.75 million. :Paranoid:
     

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